Future Outlook: Sulfamic Acid Market to Expand, Projected Worth US$ 416.24 Million by 2034
The sulfamic acid market is projected to register a 3.8% CAGR from 2024 to 2034. The market value is expected to increase from US$ 286.28 million in 2024 to US$ 416.24 million by 2034. The versatile applications of sulfamic acid in miscellaneous industrial processes, cleaning products, and water treatment have contributed to a significant demand for this acid. Sulfamic acid is used as a cleaning agent in various industries, including pharmaceuticals, food and beverage, and personal care. Additionally, its effectiveness in water treatment processes has made it a popular choice among water treatment plants.
In agriculture, sulfuric acid is known to be a source of nitrogen and a soil conditioner. It can be added to fertilizer to increase the availability of nitrogen for plants. Furthermore, sulfamic acid is useful in agricultural activities where managing soil pH is essential for optimum plant development because of its capacity to modify soil pH.
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