Press release
An industry revolutionary game-changing analysis for lead-ready businesses revealing the future of the sulfuric acid market is expected to reach a value of USD 25,898,281.42 thousand by 2029 at a CAGR of 3.4% during the forecast period.
The superior Sulfuric Acid market research report endows with great information which offers a telescopic view of the current market trends, situations, opportunities and status. This market report contains insights about market definition, classifications, applications, and engagements. It also gives details regarding the actions of major players such as product launches, joint ventures, developments, mergers and acquisitions and respective effects in terms of sales, import, export, revenue and CAGR values for the Chemical and Materials industry. The widespread Sulfuric Acid report also comprises of SWOT analysis and Porter's Five Forces Analysis which helps define what the market drivers and restraints are.While formulating a comprehensive Sulfuric Acid market research report, the key attributes that have been adopted include highest level of spirit, practical solutions, committed research and analysis, innovation, integrated approaches, and most up-to-date technology. With the proper utilization of established and advanced tools such as SWOT analysis and Porter's Five Forces Analysis, this market report has been structured. Every possible effort has been made when research and analysis is performed to prepare this market research report. So, gain thorough analysis of the market structure and forecast of the various segments and sub-segments of the market with an outstanding Sulfuric Acid market report.
Sulfuric acid is a strong acid with hygroscopic characteristics and oxidizing properties. It is used in the fertilizer, chemical, synthetic textile, and pigment industries. Other applications include manufacturing batteries metal pickling, among other industrial manufacturing processes. In market sulfuric acid is available in different concentration grades such as 98%, 96.5%, 76%, 70% and 38%. A large quantity of sulfuric acid produces potassium sulfates and fertilizers.
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Market Overview:
Sulfuric acid is a colorless, odorless, and viscous liquid soluble in water at all concentrations. It is a strong acid made by oxidizing sulfur dioxide solutions and used in large quantities as an industrial and laboratory reagent. Sulfuric acid or sulphuric acid, also known as oil of vitriol, is a mineral acid composed of sulfur, oxygen, and hydrogen, with molecular formula H2SO4 and melting point is 10 °C, the boiling point is 337 °C. The Asia-Pacific is the largest consumer of fertilizers due to the increased demand for sulfuric acid based fertilizers in the region.
Some of the major players operating in the sulfuric acid market are :
• LANXESS
• Brenntag GmbH (a subsidary of Brenntag SE)
• Boliden Group
• Adisseo
• Veolia
• Univar Solutions Inc
• NORAM Engineering & Construction Ltd.
• Nouryon
• International Raw Materials LTD
• Eti Bakir
• ACIDEKA SA
• Airedale Chemical Company Limited.
• BASF SE
• Aguachem Ltd
• Feralco AB
• Fluorsid
• Aurubis AG
• Nyrstar
• Merck KGaA
• Shrieve
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