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Sulphuric Acid Prices, Monitor, Demand Analysis and Forecast

10-08-2024 01:01 PM CET | Chemicals & Materials

Press release from: IMARC Group

Sulphuric Acid Prices, Monitor, Demand Analysis and Forecast

๐’๐ฎ๐ฅ๐ฉ๐ก๐ฎ๐ซ๐ข๐œ ๐€๐œ๐ข๐ ๐๐ซ๐ข๐œ๐ž ๐ˆ๐ง ๐”๐’๐€
๐”๐’๐€: 59 USD/MT

The sulphuric acid prices in the United States for Q4 2023 reached 59 USD/MT in December.

The latest report by IMARC Group, titled " ๐’๐ฎ๐ฅ๐ฉ๐ก๐ฎ๐ซ๐ข๐œ ๐€๐œ๐ข๐ ๐๐ซ๐ข๐œ๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’: ๐๐ซ๐ข๐œ๐ž ๐“๐ซ๐ž๐ง๐, ๐‚๐ก๐š๐ซ๐ญ, ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐ž๐ฐ๐ฌ, ๐ƒ๐ž๐ฆ๐š๐ง๐, ๐‡๐ข๐ฌ๐ญ๐จ๐ซ๐ข๐œ๐š๐ฅ ๐š๐ง๐ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ƒ๐š๐ญ๐š,"ย provides a thorough examination of ย Sulphuric Acid Prices. This report delves into globally, presenting a detailed analysis, along with informative price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.

๐’๐ฎ๐ฅ๐ฉ๐ก๐ฎ๐ซ๐ข๐œ ๐€๐œ๐ข๐ ๐๐ซ๐ข๐œ๐ž ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

๐‰๐š๐ฉ๐š๐ง: 29 USD/MT
๐๐ž๐ฅ๐ ๐ข๐ฎ๐ฆ: 54 USD/MT
๐’๐š๐ฎ๐๐ข ๐€๐ซ๐š๐›๐ข๐š: 55 USD/MT

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ :

๐Œ๐จ๐ง๐ญ๐ก๐ฅ๐ฒ ๐”๐ฉ๐๐š๐ญ๐ž๐ฌ - Annual Subscription
๐๐ฎ๐š๐ซ๐ญ๐ž๐ซ๐ฅ๐ฒ ๐”๐ฉ๐๐š๐ญ๐ž๐ฌ - Annual Subscription
๐๐ข๐š๐ง๐ง๐ฎ๐š๐ฅ๐ฅ๐ฒ ๐”๐ฉ๐๐š๐ญ๐ž๐ฌ - Annual Subscription

The study delves into the factors affecting sulphuric acid price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.

The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐จ๐ซ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https:/www.imarcgroup.com/sulphuric-acid-pricing-report/requestsample

๐’๐ฎ๐ฅ๐ฉ๐ก๐ฎ๐ซ๐ข๐œ ๐€๐œ๐ข๐ ๐๐ซ๐ข๐œ๐ž ๐“๐ซ๐ž๐ง๐ - ๐‹๐š๐ฌ๐ญ ๐๐ฎ๐š๐ซ๐ญ๐ž๐ซ

The sulphuric acid market is witnessing significant trends including its extensive use across various industries. One key trend is the rising demand for sulphuric acid in the fertilizer industry, particularly in the production of phosphate fertilizers, which are crucial for agricultural productivity. The chemical is also increasingly used in metal processing, where it plays a vital role in refining, mining, and ore treatment. Additionally, sulphuric acid is gaining traction in the automotive sector, where it is a key component in battery production, particularly for electric vehicles (EVs). Another trend is its application in water treatment and chemical manufacturing, supporting industrial growth. These expanding applications are driving the steady demand for sulphuric acid worldwide.

๐’๐ฎ๐ฅ๐ฉ๐ก๐ฎ๐ซ๐ข๐œ ๐€๐œ๐ข๐ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

The market of sulfuric acid in North America had a significant rate spike in Q2 2024, which was a result of numerous important causes. The period experienced a prolonged increase in manufacturing expenses resulting from consistently high upward sulphur prices. The strengthening in the industrial sector, as seen by a rise in jobs and latest bookings, also drove up the price of sulfuric acid. Disruptions to the distribution channels, such as postponements in shipments and increased delivery rates, added into the observed rising inflation trends. The APAC market had substantial price fluctuation in Q2 2024, mostly due to an amalgamation of aspects which escalated industry turbulence. The period has witnessed a general upward era in prices, driven by distribution channel interruptions, higher requirement from end-use areas, and variable raw material sulfur costs.

The price of sulfuric acid was further impacted by the escalated production rates brought on by the energy expenses, which were driven by the growing price of crude oil. The tight market was further compounded by global political conflicts and transportation limitations, which created a pressured procurement landscape and escalated prices. The most striking market dynamics were seen in Japan, where the price shifts were the most evident. Pricing in Europe saw a notable increase in Q2 2024, which was fueled by a number of important variables. A tight service routine amongst European metal refineries primarily restricted the supply of sulfuric acid, concluding in a shortage. This shortage was made worse by limited availability of liquefied sulfur, a vital material input, which limited output from sulphur burners. The MEA region's sulfuric acid market saw a combined trend in Q2 2024. The market displayed a tendency of rising prices in the first half of Q2.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐๐ซ๐ข๐œ๐ž ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

๐€๐ฌ๐ข๐š ๐๐š๐œ๐ข๐Ÿ๐ข๐œ: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand.
๐„๐ฎ๐ซ๐จ๐ฉ๐ž: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece.
๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š: United States and Canada.
๐‹๐š๐ญ๐ข๐ง ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
๐Œ๐ข๐๐๐ฅ๐ž ๐„๐š๐ฌ๐ญ & ๐€๐Ÿ๐ซ๐ข๐œ๐š: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ฎ๐ฌ:

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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