Anhydrous Sulphuric Acid Market Outlook, Size, Share & Forecast 2021 to 2030

The global anhydrous sulphuric acid market size, valued at USD 11.42 billion in 2020 and reach USD 13.47 billion in 2027, registering a sluggish 2.87% CAGR during the forecast period, 2021-2027. Continued demand for phosphate fertilizers from the agricultural industry is majorly sustaining the sales of anhydrous sulphuric acid in the global market. The market for anhydrous sulphuric acid is likely to slightly boost the demand coming in from the automotive industry during the forecast period.

Factors to be Influencing Performance of Anhydrous Sulphuric Acid Market over Forecast Period:
The rising demand for higher crop yield and decreasing availability of fertile land due to urbanization has led to increased dependency on fertilizers, especially phosphate fertilizers. This soaring demand for phosphate fertilizers is projected to drive the anhydrous sulphuric acid market over the forecast period.
The growing application of anhydrous sulphuric acid in the automobile industry to manufacture various types of batteries is projected to induce a slight uptick in the anhydrous sulphuric acid market.

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The increasing stringent government regulations on the usage of anhydrous sulphuric acid, as the production process is environmentally unsustainable, are likely to hinder the growth of the anhydrous sulphuric acid market over the forecast period.
The increasing investments in development activities related to the chemical synthesis of hydrochloric acid, nitric acid, and phosphoric acid, among other industrial chemicals, are accelerating demand for anhydrous sulphuric acid as raw material, thereby pushing the growth of the market.
The growing demand for detergents is also expected to propel the growth of the anhydrous sulphuric acid market.
Impact of COVID-19 on Anhydrous Sulphuric Acid Market:
The COVID-19 crisis has significantly affected the anhydrous sulphuric acid market resulting in a decrease in overall demand. The economic slowdown and recession have caused a major decrease in demand for products of the end-use industries, which is expected to negatively impact the anhydrous sulphuric acid market in the initial years of the forecast period. The increasing surplus of sulphuric acid and serious disruption of the entire supply chain are crucial challenges the anhydrous sulphuric acid market is experiencing. Combined cooperative efforts from all the stakeholders are required to curtail them and get the market back on track.

Scope of the Report
The report outlines the anhydrous sulphuric acid market study based on raw material type, application, and manufacturing.

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Based on the raw material type, the anhydrous sulphuric acid market has been segmented into -
Pyrite Ore
Elemental Sulfur
Base Metal Smelters
Others
Based on the application, the anhydrous sulphuric acid market has been segmented into -
Fertilizers
Pulp & Paper
Textiles
Chemical Manufacturing
Metal Processing
Automotive Battery Acid
Petroleum Refining and Others
Based on the manufacturing process, the anhydrous sulphuric acid market has been segmented into -
Single Contact Process
Wet Contact Process
Lead Chamber Process
Others
Anhydrous Sulphuric Acid Market: Regional Outlook
Geographically, the anhydrous sulphuric acid market has been segmented into Asia-Pacific, Europe, North America, and the Middle East, and Africa. In 2020, Asia Pacific dominated the global market, followed by North America. Increasing sulfur production in China and Japan and rising demand for anhydrous sulphuric acid from the Philippines and Indonesia will remain the key boosters behind the leading position of Asia Pacific in the global anhydrous sulphuric acid market.

Key Global Anhydrous Sulphuric Acid Market Competitors Includes -
PVS Chemical Solution (US)
AkzoNobel N.V. (Netherlands)
BASF SE (Germany)
DowDupont (US)
Agrium Inc. (Canada)
Aurubis (Germany)
The Mosaic Company (US).
Some of the anhydrous sulphuric acid market key players are focusing on growth strategies such as expansion, acquisitions, joint ventures, new product lines, and advance technology adaption on a global level to enhance their market share. The report will include an in-depth qualitative and quantitative assessment of the segmental/regional outlook with the market players' presence in the respective segment and region/country.

Anhydrous Sulphuric Acid Market Report Covers Comprehensive Analysis On:
Market Segmentation & Regional Analysis
Market Size of 10 years
Pricing Analysis
Supply & Demand Analysis
Product Life Cycle Analysis
Porter's Five Forces & Value Chain Analysis
Developed & Emerging Economies Analysis
PEST Analysis
Market and Forecast Factor Analysis
Market Opportunities, Risks, & Trends
Conclusion & Recommendation
Regulatory Landscape
Patent Analysis
Competition Landscape
15+ Company Profiles
Anhydrous Sulphuric Acid Market Regional Analysis Includes:
North America (US, Canada, Mexico)
South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America)
Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, the Netherlands, Norway, Sweden, Denmark, Rest of Europe)
Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, the Philippines, Singapore, Australia & New Zealand, Rest of Asia Pacific)
The Middle East & Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA)
Anhydrous Sulphuric Acid Market: Target Audience
Sulphuric acid manufacturers, distributors, and vendors
Companies in the chemical sector
Agriculture and fertilizer related companies
Research labs - Universities and Private institutions
Trade publications and magazines
Government authorities, associations, and organizations
Key Issues Addressed
What is the market size by various segmentation of the anhydrous sulphuric acid by region and its respective countries?
What are the customer buying behavior, key takeaways, and Porter's 5 forces of the anhydrous sulphuric acid market?
What are the key opportunities and trends for manufacturers involved in the anhydrous sulphuric acid supply chain?
What are the fundamental dynamics (drivers, restraints, opportunities, and challenges) of the market?
What and how regulations, schemes, patents, and policies are impacting the growth of the market?
What are the upcoming technological solutions influencing market trends? How will existing companies adapt to the new change in technology?
What will be the impact of cutting-edge technology on the anhydrous sulphuric acid market?
How has COVID-19 impacted the demand and sales of anhydrous sulphuric acid in the global market? Also, the expected BPS drop or rise count of the market and market expected recovery period.
Detailed analysis of the competitors and their latest launch, and what are the prominent startups introduced in the target market? Also, detailed company profiling of 25+ leading and prominent companies in the market.
What is the size of the global anhydrous sulphuric acid market?
The global anhydrous sulphuric acid market size, valued at USD 11.42 billion in 2020 and reach USD 13.47 billion in 2027, during the forecast period, 2021-2027.

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What is the anhydrous sulphuric acid market growth?
The global anhydrous sulphuric acid market size is estimated to register a CAGR of 2.87%, during the forecast period, 2021-2027.
Which region accounted for the largest anhydrous sulphuric acid market share?
In 2020, Asia Pacific dominated the global market, followed by North America. Increasing sulfur production in China and Japan and rising demand for anhydrous sulphuric acid from the Philippines and Indonesia will remain the key boosters behind the leading position of Asia Pacific in the global anhydrous sulphuric acid market.
Who are the key players in the anhydrous sulphuric acid market?
The leading manufactures of anhydrous sulphuric acid in the global market include PVS Chemical Solution (US), AkzoNobel N.V. (Netherlands), BASF SE (Germany), DowDupont (US), Agrium Inc. (Canada), Aurubis (Germany), and The Mosaic Company (US).
What are the factors driving the anhydrous sulphuric acid market?
Key factors that are driving the anhydrous sulphuric acid market growth include rising demand for higher crop yield, decreasing availability of fertile land, increasing application of anhydrous sulphuric acid,and the growing demand for detergents will increase the demand for anhydrous sulphuric acid during the forecast period.
Infographics
The infographic presentation represents a brief outline of the research findings and highlights the key trends deliberated in it.

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