Sulfuric Acid Market Regulatory Landscape and Operational Strategies 2023
View Full Report: https://www.transparencymarketresearch.com/sulfuric-acid-market.html
Both in terms of volume and value, the region of Asia Pacific continues to serve the maximum demand in the global sulfuric acid market, accounting for 50% of the shares in the global market in 2014. This extended demand from APAC is a reflection of increasing adoption of sulfuric acid in various processes of chemical and fertilizers, availability of affordable labor, thriving agriculture sector with vast population base, increasing foreign investments, and flexible regulatory set by the government. China, India, Brazil, and Japan are identified by the report as most lucrative country-wide markets for sulfuric acid. As far as North America and Europe are concerned, the market will register steady growth with growing demand for sulfuric acid based products.
As per the findings of a recent report by Transparency Market Research (TMR), the global sulfuric acid market is highly fragmented in nature, with top three players, PotashCrop, Vale Fertilizers, and The Mosaic Company, managing merely 10.5% of the overall shares in 2014. This highly competitive landscape, however, is marred by a sluggish growth, and there are very few new entrants aspiring a foray, owing to the capital-sensitive nature of the market as well as growing concerns regarding the hazardous effects of sulfuric acid.
Report Overview, with TOC - https://www.transparencymarketresearch.com/report-toc/8911
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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