Mercury Sulfate Category – Procurement Insights and Spend Analysis by SpendEdge

LONDON–(BUSINESS WIRE)–#mercurysulfate—SpendEdge,
a global procurement intelligence advisory firm, has announced the
release of their ‘Mercury
Sulfate Market Procurement Report.' The insights and data
provided in this report provide a strategic analysis of the supply
markets, factors influencing purchasing decisions, procurement best
practices, pricing models, supplier landscape, and an analysis of the
supplier capability matrix for the chemicals
industry. This report breaks down the data and analysis
behind the procurement of mercury sulfate and acts as an all-inclusive
guide for making smart purchasing decisions.

“The demand for mercury sulfate is highly dependent on end-user
industries such as chemical, consumer electronics, automobile, and
pharmaceutical,” says SpendEdge procurement analyst Tridib Bora. “Also,
the suppliers in the mercury sulfate market are involving in M&A to
enhance their production capabilities and increase their geographical
presence across niche penetrated regions,” added Tridib.

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Procurement analysts at SpendEdge highlight the following top three
market trends that are contributing to the growth of the Global Mercury
Sulfate Market:

• Increase in the use of mercury sulfate for water treatment
• Increase in R&D investments to meet industry-specific requirements
• Rise in M&A activities

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Increase in the use of mercury sulfate for water treatment:

Globally, the gradual rise in the sea levels has resulted in the need
for improving the water treatment of water bodies. The procedure
involved in the water treatment includes the addition of mercury
sulfate, which separates the sulfate by forming methylmercury. In
addition, the use of mercury sulfate also helps the buyers for the
treatment of freshwater, and the treated water can also be used for
domestic requirements.

Increase in R&D investments to meet industry-specific requirements:

Globally, the suppliers are steadily improving their investments in R&D
to increase their production capabilities to meet the specific
requirements of the end-user industries. The industry-specific grades
are offered with varying properties and purity levels based on end-user
applications of mercury sulfate. In addition, a gradual increase in the
R&D investments also helps the buyers to adhere to regulations such as
ECHA (EU), FDA (US), and EPA (US), which are set forth by the government.

Rising M&A activities:

The mercury sulfate market is highly fragmented with the presence of
numerous regional and global suppliers across the globe. This has
prompted the suppliers in the market to increase their M&A activities to
reach out to a wider target audience. Moreover, it also helped the
suppliers to strengthen their financial, technical, and production
capabilities.

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Contacts

SpendEdge
Anirban Choudhury
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