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Global Sulfuric Acid Market 2018 Growth, COVID Impact, Trends Analysis Report 2023

01-18-2021 09:21 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Global Sulfuric Acid Market

Global Sulfuric Acid Market

The sulfuric acid market is expected to grow at the CAGR of 4.1 % during 2018-2023. Sulfuric is a strong acid manufactured by oxidizing solutions of Sulfur-dioxide. In general, it is colorless, odorless liquid which is soluble in water and corrosive in nature. The market is showing a growth owing to increasing demand of the Sulfur based products, rising demand in industrial and fertilizer sector globally. It is mainly used in chemical manufacturing industry for making phosphate fertilizers automotive and pharmaceuticals. Additionally, sulfuric acid found a considerable utilization for sugar bleaching, paper bleaching, water treatment, cellulose fibers, coloring agents and so forth.

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The global sulfuric acid market has been segmented on the basis of manufacturing process, application, and type. By application, the market is divided into chemicals manufacturing, metal processing, textile industry, paper & sugar industry, automotive industry, fertilizer industry. The fertilizer industry will have a major market share across the globe. The fertilizer industry is increasing due to increasing usage of phosphate fertilizers in crops. By manufacturing processes, the market is divided in to contact process and wet sulfuric acid process. The contact process has a major market share due to wide spread acceptance of the technology. By type of acid, the market is divided into dilute and concentrated. Concentrated acid is expected to possess major market share due to its widespread application in industry such as producing phosphoric acid, in the production of fertilizers and so on.

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Geographically, the market is segmented into North America, Europe, Asia Pacific and Rest of the World. North America will show a lucrative growth for sulfuric acid in the near future. In Asia pacific, the major countries contributing to the market are China, India, and Japan. China is the largest player in Asia in chemical industry hence anticipated to contribute as a major market for sulfuric acid market. India is expected to show a significant growth in the manufacturing sector in the recent near future and hence expected to have a considerable market in the region.

The key players of global sulfuric acid market include: Akzonobel NV, Atul Ltd, BASF SE, Chevron and Solvay, Cytec industries, DuPont and Honeywell International. These companies are focusing on product innovations, expansions, and M&As, finding new market or innovate in their core competency in order to expand individual market share. Siemens is making use of sulfuric acid to make new generation blowers in order to increase the efficiency, reliability in usage, and reduction in space for their turbo-compressors. Similarly, DuPont’s innovation is the high performance catalytic converter by using Sulfuric acid, which is named as GEAR to reduce pressure drop and improve performance.

The report also includes detailed market overview, strategic recommendations, key company analysis, key findings, analyst insights, predictive analysis, patent analysis, pipeline analysis, market determinants, market segmentation and company profiling of the market.

MARKET SEGMENTATION
GLOBAL SULFURIC ACID MARKET RESEARCH AND ANALYSIS, BY APPLICATION
• CHEMICALS MANUFACTURING
• METAL PROCESSING
• TEXTILE INDUSTRY
• PAPER & SUGAR INDUSTRY
• AUTOMOTIVE INDUSTRY
• FERTILIZER INDUSTRY
• OTHER (POWER GENERATION)
GLOBAL SULFURIC ACID MARKET RESEARCH AND ANALYSIS, BY MANUFACTURING PROCESSES
• CONTACT PROCESS
• WET SULFURIC ACID PROCESS
• OTHER (METABISULFITE METHOD AND MORE)
GLOBAL SULFURIC ACID MARKET RESEARCH AND ANALYSIS, BY TYPE OF ACID
• DILUTE SULFURIC ACID
• CONCENTRATED SULFURIC ACID
COMPETITIVE LANDSCAPE
KEY STRATEGIES

KEY COMPANY ANALYSIS
REGIONAL ANALYSIS
NORTH AMERICAN
• UNITED STATES
• CANADA
EUROPE
• UK
• GERMANY
• SPAIN
• FRANCE
• ITALY
APAC
• INDIA
• CHINA
• JAPAN
• REST OF APAC
REST OF THE WORLD

COMPANY PROFILES
• AGRIUM INC
• AKZO NOBEL N.V.
• ATUL LTD
• AURUBIS AG
• BASF SE
• CCMP CAPITAL ADVISORS, LLC. SULFURIC ACID (ECO SERVICES BUSINESS UNIT)
• CHEMTRADE LOGISTICS INC
• DULANY INDUSTRIES, INC. (SOUTHERN STATE CHEMICALS)
• E. I. DU PONT DE NEMOURS AND COMPANY (DUPONT)
• ECO SERVICES OPERATIONS CORP.
• EUROCHEM GROUP AG
• EVONIK INDUSTRIES AG
• HONEYWELL INTERNATIONAL INC.,
• HUGO PETERSEN GMBH
• INEOS CAPITAL LIMITED
• KHAITAN CHEMICALS & FERTILIZERS LTD
• MOSAIC COMPANY
• NEW NAME
• POTASH CORPORATION OF SASKATCHEWAN INC.
• PVS CHEMICALS
• YARA INTERNATIONAL

Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/sulfuric-acid-market

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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