BLOG

A Supply Market Overview of the Mercury Sulfate Market

Apr 3, 2018

Mercury sulfate is a metallic compound that is white, pale yellow, or beige in color, and is in powdered form. It is used is electrochemical cells and acts a good electrode. It exists in two forms mercury (I) sulfate and mercury (II) sulfate.

Request Free SampleUses and applications of mercury sulfate

Mercury sulfate is a highly toxic chemical and should be handled with care. Thereby, its use is more popular in industrial applications. Currently, it is highly used in the manufacturing of the solar cells to generate energy from renewable energy sources. Traditionally though, it has been used as a reagent and catalyst for the production of aldehydes. Currently, the use of mercury sulfate (I) as an electrode in lead-acid batteries to measure half-cell potentials is driving the growth of global mercury sulfate market.

The biggest market for mercury sulfate

North America is the most significant market for the consumption of mercury sulfate with the demand growing at a rapid rate with a CAGR of 2.5%. Such growth can be attributed to factors such as robust growth in end-user applications such as the production of solar cells and use of solar cells in medical devices. North America is closely followed by the APAC region where the chemical is used in consumer electronics industry to power the device with mercury-based battery.

Mercury Sulfate Production HubsLargest suppliers of mercury sulfate

The US, Canada, and Asian countries such as India and China are considered the largest producers of mercury sulfate. The North American market is dominated by producers such as Merck and Alfa Aesae. India and China have a cost advantage as they enjoy low-cost labor and availability of raw materials for manufacturing.

Market developments and trends

The current market is experiencing a high level of M&A activities. For instance, Merck KGaA acquired Sigma Aldrich, one of the major suppliers of mercury sulfate, which expanded the product portfolio and geographic reach of Merck. Such suppliers are also investing heavily in R&D activities to provide industry-specific grades based on end-use applications. Such activities will help buyers to adhere to regulations such as ECHA (EU), FDA (US), and EPA (US) based on end-user requirements.

Technological innovations

As seen in all manufacturing industries, automation has taken over in this market as well. Suppliers are adopting automation in their operational process to increase the capacity utilization rate and thereby, enhance the efficiency of the production process. Additionally, they are also implementing centralized IT software that helps suppliers to manage inventory levels, making it easier to supply mercury sulfate based on the stock-levels at different operational facilities.

Top Five Suppliers

Merck KGaA

Merck KGaA is an American multinational company and is among the largest pharmaceutical companies in the world. It thrives on manufacturing medicines, vaccines, biological therapies, and animal health products.

Revenue: $16.9 billion

Alfa Aesar

Alfa Aesar is a subsidiary of Thermo Fisher Scientific that manufactures products such as chemicals, metals, and life science products.

Revenue: $18.2 billion

Yogi Dye Chem Industries

Yogi Dye Chem Industries is an Indian manufacturer, exporter, and importer of pharmaceutical raw materials, bulk drugs, metallic salts, veterinary feed additives, and chemical fines.

Revenue: $50-100 million

Cfm Oskar Tropitzsch

Cfm Oskar Tropitzsch is a manufacturer of pharmaceutical and chemical intermediaries, which includes reagents, API’s excipients, and various metal compounds.

Revenue: $50-100 million

Shanghai Zhihua ChemTech

Shanghai Zhihua ChemTech manufactures and provides various chemical and pharmaceutical products and caters to the life science and pharmaceutical industries.

Revenue: $10-50 million

 

Read more about the supply market overview of the mercury sulfate market along with procurement insights, procurement challenges, pricing models, and technological advancements in SpendEdge’s upcoming report on the global mercury sulfate market.

CTA view full report


Related posts

Getting Down To Business

We are offering Free Trials to all our customers or prospects who have been impacted positively or negatively by Covid-19 and are looking to connect with prospect buyers immediately.

Contact us

Sourcing and Procurement Market Intelligence Services

Products and Tools

Featured

Services Overview

Category Market Intelligence

Supply Market Analysis

Low-Cost/Best-Cost Country Sourcing

Benchmarking

Spend Analysis

Cost Modeling and Should-Cost Analysis

Total Cost of Ownership (TCO) Analysis

Supplier Risk Analysis

Supply Chain Risk Assessment

Supplier Sustainability Assessment

Commodity Price Forecasting

Category Management

Supplier Negotiations

Contract Management

Procurement Store

Purchase Ready-to-use Reports

SEinsightsTM

Our Robust Procurement Platform

BizVibeTM

Suppliers and Buyers Marketplace

SUPPLY MARKET ANALYSIS FOR A METAL MANUFACTURING COMPANY HELPS ACHIEVE ANNUAL SAVINGS OF $15 MILLION

Industries

Industries Overview

Automotive and Tire

Banking, Financial Services and Insurance

Biotechnology, Pharmaceutical and Life Sciences

Chemicals

Energy

Food and Beverage

Industrial and Manufacturing

ICT, Media and Entertainment

Mining, Metals and Minerals

Retail and CPG

Transportation

INCREASING LOCAL PROCUREMENT BY 28% FOR A COMPANY IN THE METALS AND MINING INDUSTRY – A CASE STUDY BY SPENDEDGE

Resources

Featured

Resources Overview

COVID-19 Resources

Blogs

Case Studies

Whitepapers

Webinars

Press Releases and Media Mentions

5 KEY CORONAVIRUS RISK ASSESSMENT STRATEGIES TO OVERCOME HEALTHCARE SUPPLY CHAIN CHALLENGES

IDENTIFYING STRATEGIC PURCHASING PRACTICES FOR A COMPANY IN THE US FOOD SERVICE INDUSTRY | SPENDEDGE’S LATEST SUCCESS STORY

COVID-19

Featured

Overview

Buyers

Diagnostic Test Kit

Additional Resources
Contact

A LOOK INTO THE FUTURE OF THE FOOD AND BEVERAGE INDUSTRY AFTER THE COVID-19 PANDEMIC

Identifying the Top 100 Coronavirus (COVID-19) Test Kit Manufacturers Across Regions

Clients

Featured

Clients Overview

Who We Serve

Case Studies

SUPPLY CHAIN MANAGEMENT HELPS AN IMPORT AND EXPORT INDUSTRY CLIENT ENHANCE SUPPLY CHAIN VISIBILITY

REALIZING SAVINGS OF $15 MILLION IN PACKAGING SPEND FOR AN FMCG CLIENT – PACKAGING SOURCING STRATEGY

About Us

News

About SpendEdge
Why SpendEdge?
Vision, Mission and Values
Clients
Social Impact
Global Offices

Press Releases and Media Mentions

Upcoming Events & Webinars