Superacids Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Superacids Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • Chemicals

Report Description

Superacids may be defined as acids having acid strength greater than 100% pure sulfuric acid. Superacids are thick, viscous, and highly corrosive fluids that are difficult to use. Superacids are used to react with the hydrocarbons from oil in a process called hydrocarbon cracking which is an important process for raising the octane levels of gasoline. Some examples of superacids are chlorosulfuric acid, triflic acid, oleum, fluorosulfuric acid, carborane acid, magic acid, and fluoroantimonic acid. Among all of these, the strongest superacid is fluoroantimonic acid, HSbF6 which is formed by mixing hydrogen fluoride (HF) and antimony pentafluoride. Fluoroantimonic acid is used in chemical engineering and organic chemistry to protonate organic compounds, regardless of their solvent. Superacid is used to remove hydrogen from isobutane and methane from neopentane and is also used as a catalyst for alkylations and acylations in petrochemistry. Superacids in general are used to synthesize and characterize carbocations. Other superacids include carborane superacids. These are considered the strongest solo acid, as fluoroantimonic acid is essentially a mixture of hydrofluoric acid and antimony pentafluoride. Unlike fluorosulfuric acid and fluoroantimonic acid, carborane acids are so noncorrosive that they may be handled with bare skin. Teflon, the non-stick coating often found on cookware, may contain carborante. Superacids are used to create stable carbocations. Carbocations are used for the polymerization of plastics and the formation of high octane gasoline. Superacids are the only solvents for carbon nanotubes. These properties are due to the tremendous ability of superacids to protonate a diversity of substances.

Oleum is used for many applications such as in the production of sulfuric acid, as an intermediate in transportation, organic chemistry research, and for explosive manufacturing. The chemical requirements for explosives manufacture often call for anhydrous mixtures containing nitric acid and sulfuric acid. Therefore, oleum is used in the manufacture of many explosives. Carborane acid is used in the manufacture of pharmaceutical drugs and petroleum products. Triflic acid is widely used especially as a catalyst and a precursor in organic chemistry. Triflic acid owes many of its useful properties to its great thermal and chemical stability. Triflic acid is a very useful and versatile reagent due of its resistance to oxidation and reduction. Flouorosulfonic acid is a superacid and is corrosive to metals and to tissue. Flouorosulfonic acid is used as a catalyst in organic synthesis, in electroplating, and as a fluorinating agent.

The use of superacids in pharmaceuticals and in the drug industry is the main driver for the superacid market. Pharmaceutics in today’s world are an emerging industry and is anticipated to expand, which in turn is projected to boost the superacid market. The use of superacids in organic research is also anticipated to boost the market for superacids. Issues related to storage and transportation of superacids are hindrances to the growth of the market.

On the basis of the geography, the superacid market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the major region for the superacid market, followed by Europe. This is because of the expanding pharmaceuticals industry and the usage of superacids in making of explosives. Asia Pacific is expected to witness a fast growing rate due to the emerging drug and pharmaceutical industry. Also, research in the field of organic chemistry is expected to boost the market for superacids.

Some of the major manufacturers in the superacids market include CAMEO Chemicals, Merck KGaA, and Atul Ltd.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.



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