Sulfuric Acid Market Size, Share, Dynamics, Growth, Supply and Demand, Strategies, Forecast 2019 - 2027

                                                                            
Sulfuric acid is a viscous liquid that is water soluble and varies in colour from yellow to colourless depending on the concentration.

              Sulfuric Acid Market


Sulfuric acid is a viscous liquid that is water soluble and varies in colour from yellow to colourless depending on the concentration. It can erode living tissues and metal surfaces due to its high acidic nature. 'H2SO4' is the chemical formula for sulfuric acid. It's classified as a corrosive mineral acid having a high corrosive potential. Fertilizers, automotive batteries, water treatment, and paper bleaching are just a few of the applications. Sulfuric acid Market has a wide range of uses across a wide range of sectors, with fertiliser manufacturing being the most common.

The rise in the manufacture of nutritionally rich food crops, as well as the consistent and maintainable demand for sulfuric acid due to its numerous applications, are likely to propel the Sulfuric Acid Market forward over the forecast period. On the other hand, a drop in sales due to excess in the market and strict environmental standards due to the toxicologic effects of sulfuric acid are two factors that are expected to stymie the sulfuric acid market's growth over the forecast period. Furthermore, the increasing utility of oleum will create additional favourable possibilities for the expansion of the sulfuric acid market in the approaching years. However, the volatility in raw material costs and the constraints involved in transporting sulfuric acid may pose further challenges for the sulfuric acid market's expansion in the near future.

Market Segmentation:

By Raw Material Type
  • Elemental Sulfur
  • Base Metal Smelters
  • Pyrite Ore
  • Others

By Application
  • Fertilizers
  • Chemical manufacturing
  • Metal Processing
  • Petroleum Refining
  • Textile Industry
  • Automotive
  • Pulp & Paper
  • Others

By Geography
  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

The major players in the global sulfuric acid market include PVS Chemicals, BASF SE, Akzo Nobel N.V., DowDuPont Inc., Unigel Group, Boliden Group, Ineos Enterprises Limited, Trident Chemicals, Aurubis AG, Climax Molybdenum B.V., and Amal Ltd.

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