The Sulphuric Acid Market is anticipated to grow at the rate of 3.04% CAGR by 2026.
The rising air pollution worldwide due to vehicle emissions has led to higher awareness about reducing environmental degradation. This has lead to the high usage of electric vehicles, which use lead-acid or lithium-ion batteries. Increasing preference for electric vehicles since it is an eco-friendly option to usual vehicles is a significant driver. With the continuous efforts to reduce environmental pollution, the demand for battery vehicles is predicted to boost the Sulphuric acid market growth.
The Sulphuric Acid market growth can be qualified to the presence of stringent environmental regulations to control emissions, which is anticipated to lead to the improved use of smelters to capture sulfur dioxide products. Growing demand for the product from paper & pulp, petroleum refinery, fertilizers, chemical manufacturing, automotive, and metal processing industries for use as a catalyst, dehydrating agent, and reactant is anticipated to boost the industry over the predictable period. Growing concerns about high crop yield and excellent food quality from the agricultural sector are expected to propel fertilizer market development, which, in turn, is expected to trigger the Sulphuric acid market. But, stringent government regulations on the usage of sulfuric acid due to the hazardous effects of the strong acidic mixture are anticipated to restrain the development of the global Sulphuric acid market.
As per the application, the major application of Sulphuric acid is fertilizers due to the rising demand for crop quality and increasing population worldwide. Drastic industrialization and urbanization lead to the scarcity of arable land, resulting in increasing fertilizers to increase crop yield. In the manufacturing of quality fertilizers, the usage of Sulphuric acid is increased, which boosts the market growth.
Based on the raw material, the Sulphuric acid market is segregated into elemental sulfur, base metal smelters, pyrite ore, and others. Among them, the elemental sulfur segment is anticipated to hold the maximum share in the market. The elemental sulfur causes minimum pollution compared to other raw materials and is available in a large amount. Increases in the developmental activities that include improving companies' production potentials to enhance the production of sulfuric acid products from elemental sulfur are projected to stimulate the sulfuric acid market growth.
According to the geographical analysis, the Asia Pacific is commanding the Sulphuric acid market share. This is due to the rise in the production of sulfur from China and Japan, and developing chemical industry, readily available raw materials, and rising developmental strategies such as arranging production facilities to fulfill the increasing demand for Sulphuric acid in this region.
The top leading competitors of the Sulphuric acid market are BASF SE, Akzo Nobel N.V., OCP Group, Groupe Chimique Tunisien, PotashCorp, Maaden-Saudi Arabian Mining Company, The Mosaic Company, PVS Chemicals, DowDuPont Inc., and Unigel Group.
Hence, there is a broader scope of sulfuring acid in the future owing to its diverse application such as in automotive, agriculture, chemical manufacturing, metal processing, and many more. Furthermore, few major industries are expanding their businesses to meet the demand for Sulphuric acid.
Report Metric |
Details |
Report Name |
Sulphuric Acid Market |
Growth Rate |
CAGR 3.04% |
By Raw Material |
Elemental Sulfur, Base Metal Smelters, Pyrite Ore |
By Application |
Fertilizers, Chemical Manufacturing, Metal Processing, Petroleum Refining, Textile Industry, Automotive, Pulp & Paper |
Report Coverage |
Revenue & volume forecast, company share, competitive landscape, growth factors, and trends |
Geographic regions covered |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Ans. The Sulphuric Acid Market is anticipated to grow at the rate of 3.04% CAGR by 2026.
Ans. The top leading competitors of the sulfuric acid market are BASF SE, Akzo Nobel N.V., OCP Group, Groupe Chimique Tunisien, PotashCorp, Maaden-Saudi Arabian Mining Company, The Mosaic Company, PVS Chemicals, DowDuPont Inc., and Unigel Group.
Ans. Yes, the report includes a COVID-19 impact analysis. Also, it is further extended into every individual segment of the report.
TABLE 1. GLOBAL SULFURIC ACID MARKET VALUE, BY RAW MATERIAL, 2020-2026 (USD BILLION)
TABLE 2. GLOBAL SULFURIC ACID MARKET VALUE FOR ELEMENTAL SULFUR, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 3. GLOBAL SULFURIC ACID MARKET VALUE FOR BASE METAL SMELTERS, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 4. GLOBAL SULFURIC ACID MARKET VALUE FOR PYRITE ORE, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 5. GLOBAL SULFURIC ACID MARKET VALUE FOR OTHERS, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 6. GLOBAL SULFURIC ACID MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 7. GLOBAL SULFURIC ACID MARKET VALUE FOR FERTILIZERS, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 8. GLOBAL SULFURIC ACID MARKET VALUE FOR CHEMICAL MANUFACTURING, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 9. GLOBAL SULFURIC ACID MARKET VALUE FOR METAL PROCESSING, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 10. GLOBAL SULFURIC ACID MARKET VALUE FOR PETROLEUM REFINING, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 11. GLOBAL SULFURIC ACID MARKET VALUE FOR TEXTILE INDUSTRY, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 12. GLOBAL SULFURIC ACID MARKET VALUE FOR AUTOMOTIVE, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 13. GLOBAL SULFURIC ACID MARKET VALUE FOR PULP & PAPER, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 14. GLOBAL SULFURIC ACID MARKET VALUE FOR OTHERS, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 15. NORTH AMERICA SULFURIC ACID MARKET VALUE, BY COUNTRY, 2020-2026 (USD BILLION)
TABLE 16. NORTH AMERICA SULFURIC ACID MARKET VALUE, BY RAW MATERIAL, 2020-2026 (USD BILLION)
TABLE 17. NORTH AMERICA SULFURIC ACID MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 18. U.S SULFURIC ACID MARKET VALUE, BY RAW MATERIAL, 2020-2026 (USD BILLION)
TABLE 19. U.S SULFURIC ACID MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 20. CANADA SULFURIC ACID MARKET VALUE, BY RAW MATERIAL, 2020-2026 (USD BILLION)
TABLE 21. CANADA SULFURIC ACID MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 22. EUROPE SULFURIC ACID MARKET VALUE, BY COUNTRY, 2020-2026 (USD BILLION)
TABLE 23. EUROPE SULFURIC ACID MARKET VALUE, BY RAW MATERIAL, 2020-2026 (USD BILLION)
TABLE 24. EUROPE SULFURIC ACID MARKET VALUE, APPLICATION, 2020-2026 (USD BILLION)
TABLE 25. GERMANY SULFURIC ACID MARKET VALUE, BY RAW MATERIAL, 2020-2026 (USD BILLION)
TABLE 26. GERMANY SULFURIC ACID MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 27. U.K SULFURIC ACID MARKET VALUE, BY RAW MATERIAL, 2020-2026 (USD BILLION)
TABLE 28. U.K SULFURIC ACID MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 29. FRANCE SULFURIC ACID MARKET VALUE, BY RAW MATERIAL, 2020-2026 (USD BILLION)
TABLE 30. FRANCE SULFURIC ACID MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 31. ITALY SULFURIC ACID MARKET VALUE, BY RAW MATERIAL, 2020-2026 (USD BILLION)
TABLE 32. ITALY SULFURIC ACID MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 33. SPAIN SULFURIC ACID MARKET VALUE, BY RAW MATERIAL, 2020-2026 (USD BILLION)
TABLE 34. SPAIN SULFURIC ACID MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 35. ROE SULFURIC ACID MARKET VALUE, BY RAW MATERIAL, 2020-2026 (USD BILLION)
TABLE 36. ROE SULFURIC ACID MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 37. ASIA PACIFIC SULFURIC ACID MARKET VALUE, BY COUNTRY, 2020-2026 (USD BILLION)
TABLE 38. ASIA PACIFIC SULFURIC ACID MARKET VALUE, BY RAW MATERIAL, 2020-2026 (USD BILLION)
TABLE 39. ASIA PACIFIC SULFURIC ACID MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 40. CHINA SULFURIC ACID MARKET VALUE, BY RAW MATERIAL, 2020-2026 (USD BILLION)
TABLE 41. CHINA SULFURIC ACID MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 42. INDIA SULFURIC ACID MARKET VALUE, BY RAW MATERIAL, 2020-2026 (USD BILLION)
TABLE 43. INDIA SULFURIC ACID MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 44. JAPAN SULFURIC ACID MARKET VALUE, BY RAW MATERIAL, 2020-2026 (USD BILLION)
TABLE 45. JAPAN SULFURIC ACID MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 46. REST OF APAC SULFURIC ACID MARKET VALUE, BY RAW MATERIAL, 2020-2026 (USD BILLION)
TABLE 47. REST OF APAC SULFURIC ACID MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 48. REST OF WORLD SULFURIC ACID MARKET VALUE, BY RAW MATERIAL, 2020-2026 (USD BILLION)
TABLE 49. REST OF WORLD SULFURIC ACID MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 50. BASF SE: FINANCIALS
TABLE 51. BASF SE: PRODUCTS & SERVICES
TABLE 52. BASF SE: RECENT DEVELOPMENTS
TABLE 53. AKZO NOBEL N.V.: FINANCIALS
TABLE 54. AKZO NOBEL N.V.: PRODUCTS & SERVICES
TABLE 55. AKZO NOBEL N.V.: RECENT DEVELOPMENTS
TABLE 56. OCP GROUP: FINANCIALS
TABLE 57. OCP GROUP: PRODUCTS & SERVICES
TABLE 58. OCP GROUP: RECENT DEVELOPMENTS
TABLE 59. GROUPE CHIMIQUE TUNISIEN: FINANCIALS
TABLE 60. GROUPE CHIMIQUE TUNISIEN: PRODUCTS & SERVICES
TABLE 61. GROUPE CHIMIQUE TUNISIEN: RECENT DEVELOPMENTS
TABLE 62. POTASHCORP: FINANCIALS
TABLE 63. POTASHCORP: PRODUCTS & SERVICES
TABLE 64. POTASHCORP: RECENT DEVELOPMENTS
TABLE 65. MAADEN-SAUDI ARABIAN MINING COMPANY: FINANCIALS
TABLE 66. MAADEN-SAUDI ARABIAN MINING COMPANY: PRODUCTS & SERVICES
TABLE 67. MAADEN-SAUDI ARABIAN MINING COMPANY: RECENT DEVELOPMENTS
TABLE 68. THE MOSAIC COMPANY: FINANCIALS
TABLE 69. THE MOSAIC COMPANY: PRODUCTS & SERVICES
TABLE 70. THE MOSAIC COMPANY: RECENT DEVELOPMENTS
TABLE 71. PVS CHEMICALS: FINANCIALS
TABLE 72. PVS CHEMICALS: PRODUCTS & SERVICES
TABLE 73. PVS CHEMICALS: RECENT DEVELOPMENTS
TABLE 74. DOWDUPONT INC: FINANCIALS
TABLE 75. DOWDUPONT INC: PRODUCTS & SERVICES
TABLE 76. DOWDUPONT INC: RECENT DEVELOPMENTS
TABLE 77. UNIGEL GROUP: FINANCIALS
TABLE 78. UNIGEL GROUP: PRODUCTS & SERVICES
TABLE 79. UNIGEL GROUP: RECENT DEVELOPMENTS
And in terms of application the largest application is Pharmaceutical Intermediates followed by Solvent Flavors Insecticide and Bactericides etc.Market Analysis and Insights Global Ethyl Formate MarketThe global Ethyl Formate market was valued at US 16970 million in 2020 and it is expected to reach US 17620 million by the end of 2027 growing at a CAGR of 0.6 during 20212027.Global Eth.
And in terms of application the largest application is Fossil Fuel.Market Analysis and Insights Global Flotation Agents MarketThe global Flotation Agents market was valued at US 1878 million in 2020 and it is expected to reach US 2393.4 million by the end of 2027 growing at a CAGR of 3.5 during 20212027.Global Flotation Agents Market Drivers and RestrainsThe research report has incorporated the analysis of different f. category - Chemical Material
And in terms of application the largest application is Automotive followed by Packaging Consumer Goods Electronics and Appliances etc.Market Analysis and Insights Global Plastic Compounding MarketThe global Plastic Compounding market was valued at US 62670 million in 2020 and it is expected to reach US 97230 million by the end of 2027 growing at a CAGR of 6.5 during 20212027.Global Plastic Compounding Market Drivers and RestrainsThe re.
The global Industrial Venting Membrane market was valued at US 698 million in 2020 and it is expected to reach US 964.3 million by the end of 2027 growing at a CAGR of 4.7 during 20212027.Global Industrial Venting Membrane Market Outlook 2022.