Overview and Scope
Potential hydrogen (pH) adjusters are chemicals that are used to change the pH or potential hydrogen level. The hydrogen ion’s activity level, often known as how basic or acidic something is, is measured by pH (potential hydrogen). The pH can be lowered by introducing a pH reagent, such as an acid, and the pH can be raised by applying caustic or another alkaline material.
Sizing and Forecast
The potential hydrogen (ph) adjusters market size has grown strongly in recent years. It will grow from $3.27 billion in 2023 to $3.55 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to water treatment requirements, agricultural practices, industrial processes, personal care and cosmetics, increased use in healthcare applications, increasing environmental awareness, food and beverage industry..
The potential hydrogen (ph) adjusters market size is expected to see strong growth in the next few years. It will grow to $4.89 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to demand for sustainable products, water scarcity concerns, stringent regulatory standards, expansion of industrial activities, renewable energy applications, customization in product formulations, globalization of markets.. Major trends in the forecast period include advanced ph adjustment technologies, stringent regulations driving adoption, increasing applications in agriculture, rise in biotechnology and pharmaceuticals, increased use in pool and spa maintenance, digitalization and automation, research and development in ph control technologies..
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Segmentation & Regional Insights
The potential hydrogen (ph) adjusters market covered in this report is segmented –
1) By Type: Adjuvants, Soil Treatment, Aglime, Gypsum
2) By Application Type: Stabilizer, Fungicides, Pesticides, Herbicides, Neutralizing Agent, Other Applications
3) By End Users Type: Textile and Leather, Agrochemical, Pharmaceutical, Cosmetics and Personal Care, Surfactants, Other End Users
Asia-Pacific was the largest region in the potential hydrogen (pH) adjusters market in 2023. The regions covered in the potential hydrogen (ph) adjusters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
An increase in the consumption of beauty products is contributing to the growth of the potential hydrogen (pH) adjusters market going forward. Beauty products include skincare, personal care, fragrance, hair care, color cosmetics) products and others required to enhance beauty features. The potential hydrogen (pH) adjusters keep the formulations of the beauty products stable and ensure the safety of the final product. For instance, according to Zippia, Inc., a US-based company that provides online recruitment services, in 2022, US cosmetics sales bring in about $49.2 billion annually, with Americans typically spending $244 to $313 per month on cosmetics. And, in 2020, sales of cosmetics for the eyes and the face brought in nearly $1.96 billion and $1.9 billion, respectively. Therefore, a rise in consumption of beauty products will lead to the growth of potential hydrogen (pH) adjusters market.
Key Industry Players
Major companies operating in the potential hydrogen (ph) adjusters market report are Air Products and Chemicals Inc., Akzo Nobel NV, Ashland Global Specialty Chemicals Inc., BASF SE, Dow Inc., Kemira Oyj, Nalco Water, SUEZ Water, Eastman Chemical Company, Aqua Chem Industry Company Limited, Arkema SA, Asahi Kasei Corporation, Chr. Hansen Holding A/S, Clariant Aktiengesellschaft, Covestro Aktiengesellschaft, Custom Hydrovac Services Ltd., E. I. du Pont de Nemours and Company, Evonik Industries AG, Huntsman Corporation, Hydrogen Optimized, International Polymer Solutions Inc., Lanxess Aktiengesellschaft, LG Chem Ltd., Mitsubishi Chemical Corporation, Nel ASA, Shin-Etsu Chemical Co. Ltd., Solvay S.A., Sumitomo Chemical Co. Ltd., Wacker Chemie AG, Zinkan Enterprises Inc.
The potential hydrogen (ph) adjusters market report table of contents includes:
1. Executive Summary
2. Potential Hydrogen (pH) Adjusters Market Characteristics
3. Potential Hydrogen (pH) Adjusters Market Trends And Strategies
4. Potential Hydrogen (pH) Adjusters Market – Macro Economic Scenario
5. Global Potential Hydrogen (pH) Adjusters Market Size and Growth
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31. Global Potential Hydrogen (pH) Adjusters Market Competitive Benchmarking
32. Global Potential Hydrogen (pH) Adjusters Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Potential Hydrogen (pH) Adjusters Market
34. Potential Hydrogen (pH) Adjusters Market Future Outlook and Potential Analysis
35. Appendix
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