Press release
Sulfuric Acid Industry Research 2016: Market Share, Growth, Analysis and Forecasts
Rising Demand from Mining and Metal Industry to Drive Sulfuric Acid Market
The use of sulfuric acid as a leaching agent in mining and metal application is driving the market. The continual demand for sulfuric acid from the paper and pulp industry is expected to ensure the growth of the market in the upcoming years. The use of sulfuric acid in pharmaceutical industry is aiding the growth of the market. The rising adoption of sulfuric acid as a cleaning agent is also expected to help drive the global sulfuric acid market.
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Asia Pacific to Hold Largest share of the Global Sulfuric Acid Market in Future
In terms of geography, the global sulfuric acid market is segmented into Europe, Asia Pacific, Middle East and Africa, and North America. Asia Pacific is expected to hold the largest share, followed by Europe, owing to the high consumption of fertilizers and use of sulfuric acid in chemical manufacturing industries. Asia Pacific is also expected to witness the fastest growth in the global sulfuric acid market.
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