Current and Projected Sulphuric Acid Market size in terms of volume and value 2015-2025

Sulphuric Acid Market Analysis, Segments,
Growth and Value Chain 2015-2025
June 2017
Report Id : REP-GB-999
Status : Ongoing
Category : Chemicals and Materials
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Sulphuric Acid Market
Sulfuric acid is a diprotic acid that exhibits different variety of properties depending
upon its concentration. Sulphuric acid has the biggest output of any chemical in the
world. Sulphuric acid is majorly used in the manufacture of chemicals to make
sulfate salts, pigments, dyes, nitric acid, sulfate salts, and others. It also serves as
the electrolyte in the lead acid storage battery.
Sulphuric acid is widely used in the production of phosphate fertilizers. Sulphuric acid
is a complex market that involves the chemistry of product supply and demand.
There is variation in pricing of Sulphuric acid between regions depending upon the
regulations and concentrations. There are four stages in the manufacturing of
sulphuric acid that includes extraction of sulphur, conversion of Sulphur into sulphur
dioxide, then converting sulphur dioxide to sulphur trioxide, and final conversion of
sulphur trioxide to sulphuric acid.
Sulphuric acid is used to wash impurities out of gasoline and other refinery products
in petroleum refining. Sulphuric acid is also used as catalyst and dehydrating agent
in petrochemical process and organic chemical manufacturing. The global sulphuric
acid market is segmented on the basis of manufacturing process, application, and
region. Manufacturing process includes Lead Chamber Process, Contact Process, Wet
Sulfuric Acid Process, and Others. Applications include Phosphate Fertilizers,
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Sulphuric Acid Market
Chemical Manufacturing, Agricultural Chemistry, Electrolyte In Lead-Acid Storage
Battery, Metal Processing, and Others.
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Global Sulphuric Acid Market: Drivers
The Global Sulphuric Acid Market is mainly driven by the growing demand for
Sulphur based fertilizers. Rising demand for sulphuric acid in the oil & gas industry
and waste water treatment is expected to drive the sulphuric acid market for the
forecasted period.
Global Sulphuric Acid: Restraints
Restraints for the global sulphuric acid market include stringent government
regulations that are restricting its use, and high raw material prices. Some of the
reasons that are hampering the growth of this market include effects on human
health such as skin irritation, eyes irritation, skin sensitiveness and others.
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Monosodium Glutamate (MSG) Market
Global Sulphuric Acid Market: Segmentation
Global Sulphuric Acid market is segmented by: application, manufacturing process,
and by region.
By Application:
Phosphate Fertilizers
Chemical Manufacturing
Agricultural Chemistry
Electrolyte In Lead-Acid Storage Battery
Metal Processing
Others
By Manufacturing Process:
Lead Chamber Process
Contact Process
Wet Sulfuric Acid Process
Others
Sulphuric Acids By Region:
North America
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Sulphuric Acid Market
Latin America
Western Europe
Eastern Europe
Japan
Asia pacific (APEJ)
Middle East & Africa (MEA)
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Global Sulphuric Acid: Region-wise Outlook
The global Sulphuric Acid is projected to witness a moderate growth from 2015 to
2025. According to FMI’s forecast, the market in Asia-Pacific is expected to show the
fastest CAGR for the forecasted period due to increasing demand for consumer
products from countries such as Japan, China, and India.
Europe and North America are leading markets of global Sulphuric Acid. Latin
America market is also expected to grow due to rapid industrialization. Due to the
prevalence of base metal smelters in Japan and South Korea, these regions have
significant sources of sulphuric acid traded in the market.
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Sulphuric Acid Market
Global Sulphuric Acid Market: Competitive Landscape
Key players in the global Sulphuric Acid market are doing product innovations,
expansions and mergers and acquisitions in order to expand their geographic reach.
Companies in this market are focusing on finding newer applications for Sulphuric
Acids in order to increase their shares in the market.
Global Sulphuric Acid Market: Key Players
Some of the major players of the global Sulphuric Acid market are Tampa Electric,
Chemtrade Refinery, The Mosaic, Lucite International, Climax Molybdenum, Valero
Energy, Solvay, DuPont, Akzonobel N.V., BASF and others.
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