Press Release

Sulfuric Acid Market worth 3.04% CAGR by 2026

May, 2021

" COVID-19 Impact on Sulfuric Acid market, size, share, growth, industry analysis, and forecast 2020-2026 "

Sulfuric acid has a prominent role in the chemical industry. Sulfuric acid is used as a base acid to produce various compounds such as sulfate salts, pigments, etc. Sulfuric acid is a mineral acid that has no color and no smell. The sulfuric acid is generated from the chemical reaction of water with the sulfuric oxide by using various processes.

The rising demand for sulfuric acid from fertilizers, chemical manufacturing, paper and pulp, petroleum refinery, and metal processing for use as a catalyst, dehumidifying agent, and a reactant is anticipated to fuel the market over the foreseeable period. Increasing concerns regarding the high crop yield and expectation of superior food quality from the agricultural sector due to the increasing population around the world are expected to boost the fertilizer market growth, which, in turn, is likely to trigger the demand for sulfuric acid.

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Furthermore, the governmental regulations concerning the wastewater which outlets from various chemical industries have increased the prominence of water treatment worldwide. Nowadays, every industry has a water treatment unit to ensure that the manufacturing plant's wastewater is environmentally friendly. These wastewater plants primarily use sulfuric acid to counteract the effect of pH of the wastewater. The future envisions more stringent rules about wastewater which will further nourish the sulfuric acid market.

The Sulfuric Acid Market research report titled “Sulfuric Acid Market on the by Material, Application, and Geography – Global Forecast up to 2026.

BASF SE, Akzo Nobel N.V., OCP Group, Groupe Chimique Tunisien and PotashCorp are the key competitors operating in the market.

The prices of sulfuric acid are rising due to the growing demand for the product in the Asia Pacific, leading the market. Increasing requirement to extend the production of phosphate fertilizer due to expanding fertilizer sector and restricted environmental regulations about the manufacturing of eco-friendly products is likely to support the growth of the market in t Asia Pacific region.

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The report consists of 79 Tables and 49 charts depicting the in-depth market study and the impact analysis of COVID-19. View detailed TOC here.

Sulfuric Acid Market as per the Raw Material:

  • Elemental Sulfur
  • Base Metal Smelters
  • Pyrite Ore
  • Others 

Sulfuric Acid Market as per the Application:

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

Sulfuric Acid Market as per the Geography:

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Mr. Karthick Subramani

Infoholic Research LLP

Marketing & Communication