Current & Future Scope for Sulfuric Acid Market by Forecast to 2021 to 2027 with Covid-19 Impact Analysis

Sulfuric acid is a viscous liquid that is water soluble and varies in colour from yellow to colourless depending on concentration. It can erode living tissues and metal surfaces due to its high acidic nature. Fertilizers, automotive batteries, water treatment, and paper bleaching are some of the applications.

Sulfuric acid is used in a variety of sectors, although it is most commonly used in the manufacturing of fertilisers. To extend their worldwide footprint, key market players are pursuing various business strategies such as mergers and acquisitions. For example, Fanchem Ltd., a subsidiary of PVS Chemicals, Inc., was awarded a patent in 2016.

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Key companies covered as a part of this study includes PVS Chemicals, BASF SE, Akzo Nobel N.V., DowDuPont Inc., Unigel Group, Boliden Group, Ineos Enterprises Limited, Trident Chemicals, Aurubis AG, and Amal Ltd.

In order to identify growth opportunities in the market, the report has been segmented into regions that are growing faster than the overall market. These regions have been potholed against the areas that have been showing a slower growth rate than the market over the global. Each geographic segment of the SULFURIC ACID Industry market has been independently surveyed along with pricing, distribution and demand data for geographic market notably: North America (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.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).

The report can answer the following questions:
• Market size (sales, revenue, and growth rate) of SULFURIC ACID industry
• Global major manufacturers’ operating situation (sales, revenue, growth rate, and gross margin) of SULFURIC ACID Industry
• Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of SULFURIC ACID industry
• Different types and applications of SULFURIC ACID industry, market share of each type and application by revenue
• Global market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of SULFURIC ACID industry
• Upstream raw materials and manufacturing equipment, industry chain analysis of SULFURIC ACID industry
• SWOT analysis of SULFURIC ACID industry
• New Project Investment Feasibility Analysis of SULFURIC ACID industry

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The Market's Most Important Takeaways:

In order to increase market share in the worldwide sulfuric acid market, key competitors are pursuing inorganic expansion tactics such as mergers and acquisitions. For example, in 2017, Mitsui & Co., Ltd. purchased Chemtrade Aglobis AG, a subsidiary of chemtrade logistics Inc., a significant sulphur and sulfuric acid distributor in Europe. Mitsui & Co., Ltd. will concentrate on expanding its sulfuric acid business across Europe as a result of this acquisition.

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