Latest released Sulfuric Acid Market Research Report provides detailed assessment of Key and emerging players showcasing company profiles, product/service offerings, market price, and sales revenue to better derive market size estimation. With this assessment the aim is to provide viewpoint on upcoming trends, growth drivers, opinions and facts derived from industry executives with statistically supported and market validated data. Market research analysis is one of the finest options to resolve business challenges quickly by saving lot of time. Under competitive analysis section of the Sulfuric Acid report, major key players existing in the market are revealed along with different details such as company profiles, their market share analysis, and their diverse strategies which make them prosper in the market. Sulfuric Acid market report analyses the market opportunities, challenges, market risks, entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
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.
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Global Sulfuric Acid market scope and market size
The 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.
Country Level Analysis of the Sulfuric Acid Market Market
Asia-Pacific dominates the sulfuric acid market because of the presence of a large number of manufacturers and increasing demand from various industries such as chemical manufacturing fertilizers, among others. Asia-Pacific is followed by Europe and is expected to witness significant growth during the forecast period of 2022 to 2029 due to growing demand for batteries in the automotive industry in the region. Europe is followed by North America and is expected to grow significantly owing to the availability of abundance of sulfur as a raw material.
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.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. 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.
The information for every competitor Includes:
Company Profile
Main Business Information
SWOT Analysis, Porter’s Five Forces analysis
Sales, Revenue, Price and Gross MarginMarket Share, Market Trends
Competitive Landscape and Sulfuric Acid Market Share Analysis
Mosaic, Potashcorp, Groupe Chimique Tunisien Sa, Maaden – Saudi Arabian Mining Company, OCP Group, Phosagro, BASF SE, Chemtrade Logistics Income Fund, Akzo Nobel N.V., DuPont, INEOS, PVS Chemicals, Inc., Aurubis, Agrium, Norfalco, Gulf Fluor, Oxbow Carbon LLC, KMG Chemicals Inc, Eurochem, ECO Services, ReAgent, Atul Ltd
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Highlights of TOC:
Chapter 1: Sulfuric Acid Market Review
Chapter 2: Sulfuric Acid Market
Chapter 3: Regional analysis of the Sulfuric Acid Market
Chapter 4: Sulfuric Acid Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Sulfuric Acid Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
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