Global and China H Acid Market Insights, Forecast to 2027

H acid, 1-amino-8-naphthol 3, 6-disulphonic acid, is a crystalline or paste, slightly soluble in cold water, soluble in alkaline solutions such as soda ash and caustic soda.It is a key intermediate in the production of reactive dyes.H acid is mainly used for the production of acid, direct and reactive dyes, such as acid fuchsin 6B, acid red G, acid black 10B, direct black, reactive brilliant red k-2bp, reactive purple k-3r, reactive soluble blue k-r and more than 90 kinds, these dyes are used for wool spinning, cotton fabric dyeing.H acid plays a key role in the production of reactive dyes.Under the influence of increasingly stringent environmental protection requirements in China, many H acid enterprises in China have stopped production or maintained low operating rate. The representative enterprises are chuyuan group and jihua group, which are the leading H acid enterprises in China and have been greatly impacted.On the other hand, it is also because of the backward domestic production technology.Catalytic hydrogenation is a continuous production process, and as a representative of advanced technology, its sewage discharge is greatly reduced. The traditional process is intermittent iron powder reduction process, and the vast majority of H acid enterprises in China are still in use.However, to upgrade the process needs to invest a lot of money, which is also the current difficulties faced by enterprises.Currently, global H acid production bases are mainly concentrated in China and India, with an annual capacity of about 180,000 tons in China and 40,000 tons in India in 2018.The production areas of H acid in China are mainly hubei, jiangsu and shandong.India is mainly distributed in gujarat and maharashtra.Europe, America, Japan and South Korea have already shut down or shifted the industry.The whole dyestuffs industry in China is in the stage of industrial upgrading and industry reshuffle, a large number of small and medium-sized enterprises are gradually being eliminated, and the backward process is also being replaced by the new process, so this stage is likely to lead to a short period of market supply imbalance, and then cause the market price volatility.The H acid price in China reached a peak of 50 yuan/kg in 2014, and then gradually fell to 34 yuan/kg in 2018.
Global H Acid key players include Chuyuan Hi-Tech Group Co.,Ltd, Zhejiang Jihua Co.,Ltd, Kiri Industries Limited, etc.

Market Analysis and Insights: Global and China H Acid Market
This report focuses on global and China H Acid market.
In 2020, the global H Acid market size was US$ 614.8 million and it is expected to reach US$ 782.1 million by the end of 2027, with a CAGR of 3.5% during 2021-2027. In China the H Acid market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global H Acid Scope and Market Size
H Acid market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global H Acid market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the H Acid market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
Powdery
Paste

Segment by Application
Reactive Dyes
Other

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Chuyuan Hi-Tech Group Co.,Ltd
Zhejiang Jihua Co.,Ltd
Zhejiang Runtu Co.,Ltd
Zhejiang Longsheng Group Co.,Ltd
Shandong Yuyuan Group Co.,Ltd.
Wudi Keyi
Kiri Industries Limited
Bodal Chemicals
Bhageria Industries
SPCL
Shree Hari Chemicals