Sulfuric Acid Market size to Reach USD 25,898,281.42 thousand by 2029.
Sulfuric Acid Market size to Reach USD 25,898,281.42 thousand by 2029.
Sulfuric acid is a highly corrosive, colorless viscous liquid and one of the most used chemicals in various fertilizer, pulp & paper, mining, and chemical industries.

Increasing demand for fertilizers in the agriculture industry and the growing demand for sulfuric acid across various industries are some of the drivers boosting sulfuric acid demand in the market. Data Bridge Market Research analyses that the sulfuric acid market is expected to reach the value of USD 25,898,281.42 thousand by the year 2029, at a CAGR of 3.4% during the forecast period. 

Key Pointers Covered in Sulfuric Acid Market Industry Trends and Forecast to 2029

·        Market Size

·        Market New Sales Volumes

·        Market Replacement Sales Volumes

·        Market Installed Base

·        Market By Brands

·        Market Procedure Volumes

·        Market Product Price Analysis

·        Market Regulatory Framework and Changes

·        Market Shares in Different Regions

·        Recent Developments for Market Competitors

·        Market Upcoming Applications

·        Market Innovators Study

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Benefits of Considering this Report:

·        This report is compiled using a vigorous and thorough research methodology. Data Bridge Market Research is also known for its data accuracy and granular market reports.

·        A complete picture of the competitive scenario of Sulfuric Acid Market is depicted by this report.

·        The report consists of a vast amount of data about the recent product and technological developments in the markets.

·        The insights in the report are easy to understand and include a graphical representation of the numbers in the form of histograms, bar graphs, pie charts, etc.

Sulfuric Acid Market Scope and Market Size

The global sulfuric acid market is segmented on the basis of raw material, form, manufacturing process, distribution channel, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Raw Material

·        Base Metal Smelters

·        Elemental Sulfur

·        Pyrite Ore

·        Others

On the basis of raw material, the sulfuric acid market is segmented into base metal smelters, elemental sulfur, pyrite ore, and others. Elemental sulfur accounts for the largest market, and are expected to witness high growth owing to the abundant availability of sulfur across the globe.

Form

·        Concentrated (98%)

·        Tower/Glover Acid (77.67%)

·        Chamber/Fertilizer Acid (62.8%)

·        Battery Acid (33.5%)

·        66 Degree Baume Sulfuric Acid (93%)

·        Dilute Sulfuric Acid (10%)

On the basis of form, the sulfuric acid market is segmented into concentrated (98%), tower/glover acid (77.67%), chamber/fertilizer acid (62.8%), battery acid (33.5%), 66 degree baume sulfuric acid (93%) and dilute sulfuric acid (10%). Chamber/fertilizer acid (62.8%) accounts for the largest market, and is expected to witness high growth as it is available with a high acidic range and drops the soil's pH level, which improves the uptake of nutrients.

 Manufacturing Process

·        Contact Process

·        Lead Chamber Process

·        Wet Sulfuric Acid Process

·        Metabisulfite Process

·        Others

On the basis of manufacturing process, the sulfuric acid market is segmented into contact process, lead chamber process, wet sulfuric acid process, metabisulfite process, and others. The contact process accounts for the largest market, and is expected to witness high growth as it lowers the emission of harmful gases during the production of sulfuric acid.

Distribution Channel

·        Offline

·        Online

On the basis of distribution channel, the global sulfuric acid market is segmented into offline and online. The offline segment accounts for the largest market, and is expected to witness high growth as transporting the bulk quantity to the nearby country is easy.

Application

·        Fertilizers

·        Chemical Manufacturing

·        Petroleum Refining

·        Metal Processing

·        Automotive

·        Textile

·        Drug Manufacturing

·        Pulp & Paper

·        Industrial

·        Others

On the basis of application, the sulfuric acid market is segmented into fertilizers, chemical manufacturing, petroleum refining, metal processing, automotive, textile, drug manufacturing, pulp & paper, industrial, and others.  The fertilizers are expected to dominate the application segment as the demand for sulfuric fertilizers increases for crop plantation and soil fertility.

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 Some of the key questions answered in this report:

·        How has the Sulfuric Acid Market performed so far and how will it perform in the coming years?

·        What are the key regional markets?

·        What is the breakup of the market based on the procedure?

·        What is the breakup of the market based on the injury location?

·        What is the breakup of the market based on the end user?

·        What are the various stages in the value chain of the industry?

·        What are the key driving factors and challenges in the industry?

·        What is the structure of the Sulfuric Acid Market and who are the key players?

·        What is the degree of competition in the industry?

Market Analysis and Insights: Sulfuric Acid Market

·       Sulfuric acid is a colorless, odorless, and viscous liquid soluble in water at all concentrations. It is a strong acid made by oxidizing sulfur dioxide solutions and used in large quantities as an industrial and laboratory reagent. Sulfuric acid or sulphuric acid, also known as oil of vitriol, is a mineral acid composed of sulfur, oxygen, and hydrogen, with molecular formula H2SO4 and melting point is 10 °C, the boiling point is 337 °C. The Asia-Pacific is the largest consumer of fertilizers due to the increased demand for sulfuric acid based fertilizers in the region.

·       Sulfuric acid is a strong acid with hygroscopic characteristics and oxidizing properties. It is used in the fertilizer, chemical, synthetic textile, and pigment industries. Other applications include manufacturing batteries metal pickling, among other industrial manufacturing processes. In market sulfuric acid is available in different concentration grades such as 98%, 96.5%, 76%, 70% and 38%. A large quantity of sulfuric acid produces potassium sulfates and fertilizers.

·        Sulfuric acid is a highly corrosive, colorless viscous liquid and one of the most used chemicals in various fertilizer, pulp & paper, mining, and chemical industries. The largest amount of sulfuric acid is used to make phosphoric acid, used, in turn, to make the phosphate fertilizers, calcium dihydrogen phosphate, and ammonium phosphates. It is also used to make ammonium sulfate, an essential fertilizer in sulfur-deficient.

·       "Fertilizers" accounts for the most prominent application segment in the respective market owing to rise in the demand for phosphate base fertilizers. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Sulfuric Acid Market Country Level Analysis

·        U.S., Canada and Mexico in [North America]

·        Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, [Rest of Europe]

·        China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, [Rest of Asia-Pacific (APAC)]

·        Saudi Arabia, U.A.E, South Africa, Egypt, Israel, [Rest of Middle East and Africa (MEA)]

·        Brazil, Argentina and [Rest of South America]

Sulfuric Acid Market Share Analysis

The sulfuric acid market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to sulfuric acid market.

Key player Sulfuric Acid Market

Some of the major players operating in the sulfuric acid market are LANXESS, Brenntag GmbH (a subsidary of Brenntag SE), Boliden Group, Adisseo, Veolia, Univar Solutions Inc, NORAM Engineering & Construction Ltd., Nouryon, International Raw Materials LTD, Eti Bakir, ACIDEKA SA, Airedale Chemical Company Limited., BASF SE, Aguachem Ltd, Feralco AB, Fluorsid, Aurubis AG, Nyrstar, Merck KGaA, Shrieve, among others.

 MAJOR TOC OF THE REPORT

·        Chapter One: Introduction

·        Chapter Two: Market Segmentation

·        Chapter Three: Market Overview

·        Chapter Four: Executive Summary

·        Chapter Five: Premium Insights

·        Chapter Six: Sulfuric Acid Market Share by Product & Procedure type

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