Sulphuric Acid Market Share, Size, Growth, Opportunity and Forecast 2023-2028

ByRavinder Ahlawat
Sulphuric Acid Market

According to IMARC Group’s latest research report, titled “Sulphuric Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, offers a comprehensive analysis of the industry, which comprises insights into the sulphuric acid market price. The global sulphuric acid market size reached US$ 15.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 18.1 Billion by 2028, exhibiting a growth rate (CAGR) of 2.9% during 2023-2028.

Sulphuric Acid Market Overview:

Sulfuric acid, sometimes called oil of vitriol, is a very strong and corrosive liquid. It’s made up of chemicals with the formula H2SO4. This liquid is used a lot in different industries like making things, farming, and labs. Sulfur, which is a kind of metal found in the Earth’s crust, is where sulfuric acid comes from. It’s a liquid that doesn’t have much color and can be a bit yellow. If you smell it, it’s really strong and suffocating. It can take away water and is good for drying things. People make it in a big way by mixing sulfur dioxide (SO2) with water.

Get Free Sample Copy of Report at – https://www.imarcgroup.com/sulphuric-acid-market/requestsample

Sulphuric Acid Market Growth:

The escalating food security concerns majorly drive the global market. This can be supported by the growing need for fertilizers to produce nutrient-rich crops and significant growth in the population. Along with this, the widespread adoption of sulphuric acid in the agriculture industry for manufacturing phosphate fertilizers, such as superphosphate of lime and ammonium sulfate, to yield high crop production is significantly supporting the market. The reason why people use a lot of sulfuric acid is because they’re worried about having enough food for everyone. This is because more and more people need food, and the soil needs help to make good crops. Sulfuric acid is used in farming to make fertilizers that help plants grow better. It’s also used in batteries for cars and other machines, and even in cleaning products like soap and detergent. In factories, it’s used to help make gasoline and other products clean and pure. So, sulfuric acid is a strong liquid that’s used for lots of things, like farming, making batteries, and cleaning stuff. It’s really important for different industries and for helping make enough food for everyone.

Key Market Segmentation:

Competitive Landscape with Key Players:

  • Aarti Industries Ltd.
  • Aurubis AG
  • BASF SE
  • Boliden AB
  • Brenntag SE
  • Chemtrade Logistics
  • Lanxess AG
  • Merck KGaA
  • Nutrien Ltd.
  • PhosAgro
  • Solvay S.A.
  • The Mosaic Company
  • Valero Energy Corporation

Breakup by Raw Material Type:

  • Elemental Sulfur
  • Pyrite Ore
  • Others

Breakup by 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%)

Breakup by Distribution Channel:

  • Offline
  • Online

Breakup by End Use Industry:

  • Fertilizer
  • Chemical and Pharmaceutical
  • Automotive
  • Petroleum Refining
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

  • Market Performance 
  • Market Outlook
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

Key Highlights of the Report:

  • Market Performance 
  • Market Outlook
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact us:

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800