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Global Sulfuric Acid Market 2022
Sulfuric acid or sulphuric acid, known in antiquity as oil of vitriol, is a mineral acid composed of the elements sulfur, oxygen and hydrogen, with the molecular formula H2SO4. In various concentrations the acid is used in the manufacture of fertilizers, pigments, dyes, drugs, explosives, detergents, and inorganic salts and acids, as well as in petroleum refining and metallurgical processes. The global sulfuric acid market is poised to grow by US$ 3.2 billion from 2022 to 2028, registering a CAGR of 3.4% during the forecast period, according to StrategyHelix.
The report provides up-to-date market size data for period 2018-2021 and forecast to 2028 covering key market aspects like sales value and volume for sulfuric acid. The global sulfuric acid market is segmented on the basis of raw material, application, and region. By raw material, the global sulfuric acid market has been segmented into base metal smelters, elemental sulfur, pyrite ore, others. In 2021, the elemental sulfur segment made up the largest share of revenue generated by the sulfuric acid market. Based upon application, the global sulfuric acid market is categorized into batteries, chemicals, fertilizers, metal processing, petroleum refining, textile, paper and pulp, others. The fertilizers segment was the largest contributor to the global sulfuric acid market in 2021. In terms of geography, the global sulfuric acid market has been segmented into Asia Pacific, CIS (Commonwealth of Independent States), Europe, Latin America, MEA (Middle East and Africa), North America. Asia Pacific is estimated to account for the largest share of the global sulfuric acid market.
The global sulfuric acid market is highly competitive. The key players in the sulfuric acid market include Aurubis AG, BASF SE, Glencore plc (NorFalco Inc.), Groupe Chimique Tunisien SA, Indian Farmers Fertiliser Cooperative Ltd. (IFFCO), INEOS Group AG, MA’ADEN (Saudi Arabian Mining Co.), OCP Group, PhosAgro AG, Potash Corporation of Saskatchewan Inc., PQ Corporation, Pressure Vessel Service Inc., The Mosaic Company, Veolia Environnement S.A. (Former Chemours).
The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the sulfuric acid market to help drive informed decision making for industry executives, policy makers, academic, and analysts.
Raw material: base metal smelters, elemental sulfur, pyrite ore, others
Application: batteries, chemicals, fertilizers, metal processing, petroleum refining, textile, paper and pulp, others
Region: Asia Pacific, CIS (Commonwealth of Independent States), Europe, Latin America, MEA (Middle East and Africa), North America
Years considered: this report covers the period 2018 to 2028
Key Benefits for Stakeholders
– Get a comprehensive picture of the global sulfuric acid market
– Pinpoint growth sectors and trends for investment
Table of Contents
Part 1. Introduction
– Scope of the study
– Study period
– Geographical scope
– Research methodology
Part 2. Sulfuric acid market overview
Part 3. Market breakdown by raw material
– Base metal smelters
– Elemental sulfur
– Pyrite ore
Part 4. Market breakdown by application
– Metal processing
– Petroleum refining
– Textile, paper and pulp
Part 5. Market breakdown by region
– Asia Pacific
– CIS (Commonwealth of Independent States)
– Latin America
– MEA (Middle East and Africa)
– North America
Part 6. Key companies
– Aurubis AG
– BASF SE
– Glencore plc (NorFalco Inc.)
– Groupe Chimique Tunisien SA
– Indian Farmers Fertiliser Cooperative Ltd. (IFFCO)
– INEOS Group AG
– MA’ADEN (Saudi Arabian Mining Co.)
– OCP Group
– PhosAgro AG
– Potash Corporation of Saskatchewan Inc.
– PQ Corporation
– Pressure Vessel Service, Inc.
– The Mosaic Company
– Veolia Environnement S.A. (Former Chemours)