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Sulfuric Acid Market - global growth, trends and forecast (2022 - 2027) by types, by application, by regions and by key players: Mosaic Co (Nyse: Mos), Nutrien Ltd (Nyse: Ntr), G City Ltd, Basf Se (Bit: Basf),

27 May, 2022 | 117 Pages
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The global Sulfuric Acid Market will register an 8% cagr in terms of revenue, the global market size will reach us$ 19.2 million by 2027.



Sulfuric Acid Market Overview



Sulfuric acid is one of the most common industrial compounds on the planet. The largest end-use market for sulfuric acid is fertiliser manufacturing, particularly phosphate fertiliser manufacture from wet-process phosphoric acid, which will account for more than 60% of total global demand in 2020. Due to the rapid expansion of metal leaching and steel pickling applications, this percentage is likely to decline slightly through 2025. In addition, as the demand for electric vehicles grows, the usage of sulfuric acid in automobile batteries will grow, resulting in a new application in the coming years. Increased use of sulfuric acid in the production of nutrient-dense agricultural crops will also improve the market.



Sulfuric acid's molecular formula is H2SO4. It's classified as a corrosive mineral acid having a high corrosive potential. Sulfuric acid is a viscous liquid that is water soluble and varies in colour from yellow to colourless depending on its concentration. Commercially essential compounds such as hydrochloric acid, nitric acid, sulphate salts, synthetic detergents, dyes, pigments, explosives, and pharmaceuticals are all made with sulfuric acid.



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.



Who are the major players in Sulfuric Acid Market?



Top key players in the Sulfuric Acid market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Sulfuric Acid market is fragmented with a large number of small players operating worldwide. The companies referred to in the market research report include Mosaic Co (Nyse: Mos), Nutrien Ltd (Nyse: Ntr), G City Ltd, Basf Se (Bit: Basf), Dupont De Nemours Inc (Nyse: Dd), Aurubis Ag (Etr: Nda), Maaden, Ocp, Phosagro, Chemtrade Logistics, Akzonobel, Ineos, Pvs Chemicals and other.



Industry news;



BASF, Zhejiang Jiahua Energy Chemical Industry Co. Ltd. and Zhejiang Jiafu New Material Technology Co. Ltd. to further expand production capacity of electronic-grade sulfuric acid plant in China



July 28, 2021 – BASF, Zhejiang Jiahua Energy Chemical Industry Co. Ltd. (“Jiahua”) and its fully-owned subsidiary Zhejiang Jiafu New Material Technology Co. Ltd (“Jiafu”) signed an agreement to further expand the production capacity of electronic-grade sulfuric acid in Jiaxing, China. This double-digit million-euro investment will more than double the company’s existing sulfuric acid production capacity in China to serve the country’s fast-growing semiconductor industry. The site expansion is planned to be completed by 2023.




What are the major applications, types and regions for Sulfuric Acid Market?



Market is segmented based on the type, applications, companies and regions.



By type, Sulfuric Acid Market has been segmented into 




  • Elemental Sulfur

  • Base Metal Smelters

  • Pyrite Ore

  • Others



The end user’s industry application on Sulfuric Acid Market is, 




  • Fertilizers

  • Chemical Manufacturing

  • Metal Processing

  • Petroleum Refining

  • Textile Industry

  • Automotive

  • Pulp & Paper

  • Others



Sulfuric Acid market regional analysis



In 2016, Asia Pacific was the largest regional segment, accounting for over 46% of total revenue. Sulfuric acid product offers in this region are expected to grow as China and Japan increase sulphur production. Over the projected period, rising demand for H2SO4 in the Philippines and Indonesia is expected to enhance the Asia Pacific regional market.



In 2018, North America held a sizable part of the global sulfuric acid market. This is due to rising demand for sulfuric acid in fertiliser manufacturing, which is likely to propel the sulfuric acid market in North America forward. According to the Food and Agriculture Organization, the United States consumed 40 million tonnes of phosphate fertiliser in 2012, up to 42.5 million tonnes in 2016. In this region, rising phosphate fertiliser consumption has resulted in a strong need for sulfuric acid. Furthermore, due to the region's rising industrialization, Central and South America is predicted to have a consistent increase in market share.



North america






    • Us

    • Canada



  • Europe

    • Germany

    • France

    • Uk

    • Italy

    • Spain

    • Rest of europe



  • Asia-pacific

    • China

    • Japan

    • India

    • Australia

    • South korea

    • Rest of asia-pacific



  • Rest of the world

    • Middle east & africa

    • Latin america





The Sulfuric Acid market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The global Sulfuric Acid market report also conducted a pestel analysis of the industry to study the main influencing factors and entry barriers of the industry.



What is our Sulfuric Acid Market report scope?



























































Report attributes



Report details



Report title



Sulfuric Acid Market - global growth, trends and forecast (2022 - 2027) by types, by application, by regions and by key players:      Mosaic Co (Nyse: Mos), Nutrien Ltd (Nyse: Ntr), G City Ltd, Basf Se (Bit: Basf), Dupont De Nemours Inc (Nyse: Dd)



Forecast period 2022 to 2028 cagr



Cagr of 8% over the forecast period (2022-2027)



By 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 companies



Mosaic Co (Nyse: Mos), Nutrien Ltd (Nyse: Ntr), G City Ltd, Basf Se (Bit: Basf), Dupont De Nemours Inc (Nyse: Dd), Aurubis Ag (Etr: Nda), Maaden, Ocp, Phosagro, Chemtrade Logistics, Akzonobel, Ineos, Pvs Chemicals



Regions covered




  • North america

  • Europe

  • Asia-pacific

  • Rest of the world



Countries covered




  • Us

  • Canada

  • Germany

  • France

  • Uk

  • Italy

  • Spain

  • Rest of europe

  • China

  • Japan

  • India

  • Australia

  • South korea

  • Rest of asia-pacific

  • Middle east & africa

  • Latin america



Base year



2022



Historical year



2017 to 2021



Forecast year



2022 to 2027



Number of pages



117



Customization available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key takeaways from this evaluate Sulfuric Acid report




  • Evaluate Sulfuric Acid market potential through analyzing growth rates (cagr %), volume (units) and value ($m) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, swot and more.

  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.

  • Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Sulfuric Acid market entropy - m&a's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.



Frequently asked questions



What is the study period of this Market?



The Sulfuric Acid market is studied from 2017 - 2027.



What is the growth rate of Sulfuric Acid Market?



The Sulfuric Acid market is growing at a cagr of 8% over the next 5 years.



Who are the key players in Sulfuric Acid Market?



Mosaic Co (Nyse: Mos), Nutrien Ltd (Nyse: Ntr), G City Ltd, Basf Se (Bit: Basf), Dupont De Nemours Inc (Nyse: Dd), Aurubis Ag (Etr: Nda), Maaden, Ocp, Phosagro, Chemtrade Logistics, Akzonobel, Ineos, Pvs Chemicals



What regions does this Sulfuric Acid Market report covers?



North america (the United States, canada, and mexico)

europe (germany, france, uk, russia, and italy)

asia-pacific (china, japan, korea, india, and southeast asia)

south america (brazil, argentina, colombia, etc.)

The middle east and africa (saudi arabia, uae, egypt, nigeria, and south africa)



What are the significant types of Sulfuric Acid Market?



Elemental Sulfur, Base Metal Smelters, Pyrite Ore, Others



What are the major end-use applications of the Sulfuric Acid Market?



Fertilizers, Chemical Manufacturing, Metal Processing, Petroleum Refining, Textile Industry, Automotive, Pulp & Paper, Others



All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.


  1. INTRODUCTION

    1. MARKET DEFINATION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMLINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL SULFURIC ACID MARKET BY TYPES

    3. SULFURIC ACID MARKET BY APPLICATIONS



  4. MARKET DYNAMICS

    1. DRIVERS

      1. INCREASING DEMAND FOR SULFURIC ACID



    2. RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGUALTIONS

      2. HIGH COST ON MATERIALS



    3. OPPORTUNITIES

      1. SULFURIC ACID GROWTH

      2. APPLICATION OF SULFURIC ACID



    4. IMPACT OF COVID 19



  5. GLOBAL SULFURIC ACID MARKET, TYPES

    1. INTRODUCTION

    2. ELEMENTAL SULFUR

    3. BASE METAL SMELTERS

    4. PYRITE ORE

    5. OTHERS



  6. GLOBAL SULFURIC ACID MARKET, BY APPLICATION

    1. INTRODUCTION

    2. FERTILIZERS

    3. CHEMICAL MANUFACTURING

    4. METAL PROCESSING

    5. PETROLEUM REFINING

    6. TEXTILE INDUSTRY

    7. AUTOMOTIVE

    8. PULP & PAPER

    9. OTHERS



  7. GLOBAL SULFURIC ACID MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASEAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1. INTRODUCTION

      2. MOSAIC CO (NYSE: MOS)

      3. NUTRIEN LTD (NYSE: NTR)

      4. G CITY LTD

      5. BASF SE (BIT: BASF)

      6. DUPONT DE NEMOURS INC (NYSE: DD)

      7. AURUBIS AG (ETR: NDA)

      8. MAADEN

      9. OCP

      10. PHOSAGRO

      11. CHEMTRADE LOGISTICS

      12. AKZONOBEL

      13. INEOS

      14. PVS CHEMICALS





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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