Press release
Global Sulfuric Acid Market Industry Development, Trends and Opportunities By Regions Forecast to 2024 - Mosaic Company, Potashcorp, Groupe Chimique Tunisien Sa, Maaden – Saudi Arabian Mining Company
Sulfuric Acid Market
Sulfuric acid is a diprotic acid that exhibits properties depending upon its concentration. Sulfuric acid is majorly used in the manufacturing of chemicals to make sulfate salts, pigments, dyes, and nitric acid. It also serves as an electrolyte in the lead acid storage battery. There is a growing demand for sulfuric acid in fertilizers, chemical manufacturing, metal processing, petroleum refining, textile industry, automotive and pulp & paper activity, which is expected to be one of the major drivers of the market over the next seven years.
Global Sulfuric Acid Market by Raw Material (Elemental Sulfur, Base Metal Smelters, Pyrite Ore, Others), By Manufacturing Process (Lead Chamber Process, Contact Process, Wet Sulfuric, Acid Process) By Application (Fertilizers, Chemical Manufacturing, Metal Processing, Petroleum Refining, Textile Industry, Automotive, Pulp & Paper) – Industry Trends and Forecast to 2024
This Report Consists of -
No of pages: 350, No of Figures: 60, No of Tables: 220
Frequently Asked Questions?
What will the market size be in 2024?
What are the key factors driving the global market?
What are the challenges to market growth?
Who are the key players in the market?
What are the market opportunities and threats faced by the key players?
What will be the growth rate in 2024?
Which strategies are used by top players in the Global Sulfuric Acid Market?
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Market Drivers and Restraints
• Growing demand for sulfur based fertilizers
• Rising demand for sulfuric acid in the oil & gas industry and waste water treatment
Market Restraint:
• Weaker sales due to surplus in the market
• Strict environmental regulations due to toxic effects of sulfuric acid
Competitive Landscape
The global sulfuric acid market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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Market Segmentation
The sulfuric acid market is segmented on the basis of raw material into elemental sulfur, base metal smelters, pyrite ore and others.
On the basis of manufacturing process, the market is segmented into lead chamber process, contact process, wet sulfuric, and acid process.
On the basis of application, the market is segmented into fertilizers, chemical manufacturing, metal processing, petroleum refining, textile industry, automotive, pulp & paper and others.
On the basis of geography, the sulfuric acid market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others
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Top Competitors of Market:
• Nachi-Fujikoshi Corporation,
• Daido Steel Co., Ltd.,
• Voestalpine AG,
• Sandvik Materials Technology AB,
• Kennametal Inc.,
• Hudson Tool Steel Corporation,
• Erasteel,
• Friedr. Lohmann GmbH,
• Arcelormittal S.A.,
• Thyssenkrupp AG,
• Tiangong International Co., Ltd.,
• Guhring Inc.,
• Heye Special Steel Co., Ltd.,
• Nippon Koshuha Steel Co., Ltd.,
• OSG Corporation,
• Carpenter,
• Graphite India Limited,
• Tivoly SA,
• Crucible Industries LLC,
• Dneprospetsstal,
• Jiangsu Fuda Special Steel Co., Ltd,
• Feida Group,
• West Yorkshire Steel Co. Ltd.,
• Big Kaiser Precision Tooling Inc.,
• Onsurdand.
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