PUBLISHER: The Business Research Company | PRODUCT CODE: 1661991
PUBLISHER: The Business Research Company | PRODUCT CODE: 1661991
Chemicals designed for pH adjustment modify the hydrogen ion's activity level, affecting acidity or alkalinity, commonly measured as pH. Lowering pH involves adding acidic agents, while raising it involves introducing alkaline substances. This adjustment process finds application in various industries such as stabilizers, fungicides, pesticides, herbicides, neutralizing agents, textiles, leather, agrochemicals, pharmaceuticals, cosmetics, personal care products, and surfactants.
The primary categories of pH adjusters encompass adjuvants, soil treatments, aglime, and gypsum. Adjuvants, specifically, play a role in enhancing the immune system's response to antigens. These pH adjustment solutions are utilized across diverse sectors like agriculture, pharmaceuticals, cosmetics, personal care, and textiles.
The potential hydrogen (pH) adjusters market research report is one of a series of new reports from The Business Research Company that provides potential hydrogen (pH) adjusters market statistics, including potential hydrogen (pH) adjusters industry global market size, regional shares, competitors with a potential hydrogen (pH) adjusters market share, detailed potential hydrogen (pH) adjusters market segments, market trends and opportunities, and any further data you may need to thrive in the potential hydrogen (pH) adjusters industry. This potential hydrogen (pH) adjusters market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The potential hydrogen (pH) adjusters market size has grown strongly in recent years. It will grow from $3.53 billion in 2024 to $3.82 billion in 2025 at a compound annual growth rate (CAGR) of 8.2%. 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 $5.38 billion in 2029 at a compound annual growth rate (CAGR) of 9.0%. 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.
The rising consumption of beauty products is expected to drive the growth of the potential hydrogen (pH) adjusters market in the future. Beauty products encompass a range of items, including skincare, personal care, fragrance, hair care, color cosmetics, and other products aimed at enhancing aesthetic appeal. Potential hydrogen (pH) adjusters play a crucial role in maintaining the stability of beauty product formulations and ensuring the safety of the final products. For example, in August 2023, a report from Power Reviews, a U.S.-based provider of customer review solutions, highlighted significant trends in consumer spending on beauty products. Notably, 55% of shoppers indicated that they spend between $51 and $200 monthly, with a 17% increase in those spending over $101 compared to 2022. Furthermore, 77% of consumers prioritize product reviews when making purchasing decisions, demonstrating their openness to trying new products. Thus, the increase in beauty product consumption is anticipated to stimulate growth in the potential hydrogen (pH) adjusters market.
The rise in urbanization is anticipated to drive the growth of the potential hydrogen (pH) adjuster market. Urbanization refers to the ongoing process of city expansion and development, which often involves the migration of individuals from rural areas to urban settings. Potential hydrogen (pH) adjusters are essential in urbanization, providing sustainable solutions for clean energy production, aiding in the creation of eco-friendly urban spaces, and helping to reduce carbon emissions. For instance, in April 2022, the World Economic Forum, an independent international organization based in Switzerland, reported that over 4.3 billion people, or 55% of the global population, lived in urban areas, with forecasts suggesting this number will rise to 80% by 2050. Consequently, the increasing trend of urbanization is propelling the potential hydrogen (pH) adjuster market.
Collaborations emerge as a prominent trend within the potential hydrogen (pH) adjusters market. Entities are actively partnering with pH adjuster manufacturers to capitalize on synergies and expand their foothold in new markets. Notably, in August 2022, ABB Ltd., a Swedish automation firm, extended its collaboration with Hydrogen Optimized to explore large-scale green hydrogen production systems. This strategic partnership targets the development of systems for decarbonizing industries reliant on hard-to-abate processes, catering to critical energy, metal, and transportation needs. Hydrogen Optimized, a Canadian green energy company, specializes in groundbreaking high-power water electrolyzers for large-scale clean hydrogen production.
In October 2023, the American Chemistry Council (ACC) forged a partnership with the Department of Energy to launch seven regional clean hydrogen hubs. The Regional Clean Hydrogen Hubs Program (H2Hubs) boasts an allocation of up to $7 billion to establish six to ten regional clean hydrogen hubs nationwide. These hubs aim to create interconnected networks among hydrogen producers, consumers, and local infrastructure, expediting hydrogen's adoption as a clean energy carrier capable of storing immense amounts of energy. The Department of Energy, a US government agency focused on advancing the nation's energy and nuclear security, spearheads this initiative.
In December 2023, Evonik, a chemical company based in Germany, acquired Thai Peroxide Co., Ltd. for an undisclosed amount. Through this acquisition, Evonik seeks to bolster its presence in the Asia Pacific market by expanding its portfolio of specialty-grade hydrogen peroxide and peracetic acid, thereby aligning with its strategic focus on sustainable and innovative chemistries. Thai Peroxide Co., Ltd. is a China-based company that provides potential hydrogen adjusters.
Major companies operating in the potential hydrogen (pH) adjusters market are 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.
Asia-Pacific was the largest region in the potential hydrogen (pH) adjusters market in 2024. 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.
The countries covered in the potential hydrogen (ph) adjusters market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The potential hydrogen (pH) adjusters market consists of sales of agricultural adjuvants. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Potential Hydrogen (pH) Adjusters Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on potential hydrogen (ph) adjusters market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for potential hydrogen (ph) adjusters ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The potential hydrogen (ph) adjusters market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.