Sulfuric Acid Market (Updated Version Available)

Sulfuric Acid Market Size, Share & Trends Analysis, By Raw Material (Base metal smelters, Elemental Sulfur, Pyrite Ore, Others), By Form (Concentrated, Tower/Glover acid, Chamber/ Fertilizer acid, Battery acid, 66 Degree Baume Sulfuric Acid, Dilute Sulfuric Acid), By Application (Fertilizers, Chemical industries, Petroleum refining, Pulp & paper, Industrial, Automotive, Textile, Drug manufacturing), By Region and Segments, Growth, Forecast Period 2022 - 2030

Report ID : RI_673695 | Date : January 2023 | Format : ms word ms Excel PPT PDF

This Report Includes The Most Up-To-Date Market Figures, Statistics & Data
Sulfuric Acid Market Overview

Sulfuric Acid market size was worth USD 15.4 Billion in 2022, witnessing a CAGR of 8.5% during the forecast period (2022-2030), and the market is expected to hit a valuation of around USD 29.6 Billion by 2030.

Sulfuric acid, also known as oil of vitriol, is a highly corrosive mineral acid with the chemical formula H2SO4. It is a colorless, oily liquid that is soluble in water and is a strong dehydrating agent. Sulfuric acid is one of the most important industrial chemicals, with many uses in the production of fertilizers, dyes, drugs, and other chemicals. It is used in the refining of petroleum products, in the production of batteries, and in the pickling of metals.

Report AttributesReport Details
Study Timeline2018-2030
Market Size in 2030 (USD Billion)29.6 Billion
CAGR (2022-2030)8.5 %
By Raw MaterialBase metal smelters, Elemental Sulfur, Pyrite Ore, Others
By FormConcentrated, Tower/Glover acid, Chamber/ Fertilizer acid, Battery acid, 66 Degree Baume Sulfuric Acid, Dilute Sulfuric Acid
By ApplicationFertilizers, Chemical industries, Petroleum refining, Pulp & paper, Industrial, Automotive, Textile, Drug manufacturing,
By GeographyAsia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia] Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland] North America [United States, Canada, Mexico] Middle East & Africa [GCC, North Africa, South Africa] South America [Brazil, Argentina, Columbia, Chile, Peru]
Key PlayersUBE Industries, Ltd, Boliden Group, Trident Group, Tata Chemicals, Asia Union Electronic Chemical Corporation, Hubei Xingfa Chemicals Group Co. Ltd, Canada Colors and chemicals Limited, Maaden - Saudi Arabian Mining Company, Nouryon, Cornerstone Chemical Company, Linde Group, Qingdao Hisea Chem Co.Ltd

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We have conducted a 360-degree analysis of the Sulfuric Acid market. Approaches for both primary and secondary research. As a result, we were better able to comprehend current market dynamics, the supply-demand imbalance, pricing trends, product preferences, customer behaviours, and other factors. Primary research was used to further validate the findings with industry professionals and opinion leaders from other nations. Through a variety of market estimation and data validation procedures, the data is further collated and validated. Additionally, we have a model for internally generated data that forecasts market growth until 2030.

Sulfuric Acid Market Segmentation Analysis:-

By Raw Material:

• Base metal smelters
• Elemental Sulfur
• Pyrite Ore
• Others

By Form:

• Concentrated
• Tower/Glover acid
• Chamber/ Fertilizer acid
• Battery acid
• 66 Degree Baume Sulfuric Acid
• Dilute Sulfuric Acid

By Application:

• Fertilizers
• Chemical industries
• Petroleum refining
• Pulp & paper
• Industrial
• Automotive
• Textile
• Drug manufacturing

Global Sulfuric Acid Market Competitive Landscape:

The market research report on the Sulfuric Acid market comprises the compilation of quantitative and qualitative evaluations of the industry position. Additionally, the in-detailed analysis of the market trends adopted by the industry players and the macroeconomic indicators influencing the value chain of businesses provide a complete outlook of market circumstances. Thus, mentioned are the major industry players that make up the consolidated market concentration–

• UBE Industries, Ltd
• Boliden Group
• Trident Group
• Tata Chemicals
• Asia Union Electronic Chemical Corporation
• Hubei Xingfa Chemicals Group Co., Ltd
• Canada Colors and chemicals Limited
• Maaden - Saudi Arabian Mining Company
• Nouryon
• Cornerstone Chemical Company
• Linde Group
• Qingdao Hisea Chem Co.Ltd

With strategic analysis, micro and macro market trend and scenarios, pricing analysis, and an all-encompassing picture of the market conditions in the projected period, the Sulfuric Acid Market Research Report keeps a close eye on the leading competitors. It is an expertly written, in-depth study that emphasises key and secondary drivers, market share, top categories, and regional analysis. The paper also examines prominent actors, significant partnerships, mergers, and acquisitions, as well as popular innovations and business practises.

Overview of the market for Sulfuric Acid by region:

The market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa based on region (MEA). The North American continent is further divided into nations like the United States and Canada. Europe is further divided into the United Kingdom, France, Germany, Italy, Spain, Russia, and the Rest of Europe. China, Japan, South Korea, India, Australia, South East Asia, and the rest of Asia Pacific make up the subregion of Asia Pacific. The MEA region is further separated into GCC, Turkey, South Africa, and Rest of MEA. The Latin America region is further divided into Brazil, Mexico, and Rest of Latin America.
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