Global Sulphuric Acid Market Outlook to 2027
Sulphuric acid is a corrosive, viscous liquid soluble in water, and its color varies from yellow to colorless, depending upon the concentration. It is strongly acidic and corrodes metal surfaces and living tissues. It is mostly used for applications such as automotive batteries, water treatment, fertilizers, and paper bleaching.
According to BlueQuark Research & Consulting, the Global Sulphuric acid market is expected to witness a considerable growth rate during the forecast period. The major factors responsible for the global Sulphuric acid market's growth are the rise in acid usage in fertilizers and other specialty & bulk chemicals such as hydrofluoric acid, titanium dioxide, and nitric acid. Rapid industrialization and Sulphuric acid's extensive use are estimated to drive the global market during the forecast period. However, strict government directives on Sulphuric acid usage, owing to the acid's hazardous effects, are expected to restrain the growth of the global sulphuric acid market.
Asia-Pacific region is projected to be the largest market for global sulphuric acid. An increase in government initiatives and collaborations with global manufacturing firms and the utilization of Sulphuric acid to produce fertilizers and in the processing of other industrial chemicals are significant factors driving the market in the region.
In terms of segmentation by application, the Global Sulphuric acid market is dominated by the fertilizer segment. Sulphuric acid is used to produce fertilizers such as diammonium phosphates and triple superphosphate. Thus increasing demand from the agricultural and fertilizer industry drives the Global Sulphuric acid market.
In terms of segmentation by raw material, Elemental sulfur is the segment with the largest market share in the global sulphuric acid market. The raw material causes less pollution than pyrite ore or base metal smelters and is available in abundance in the industry.
The Global Sulphuric acid market is highly fragmented. Major companies in the market were found to be PVS Chemicals, Akzo Nobel N.V., Unigel S.A., DowDuPont Inc., Ineos Enterprises Limited, and BASF SE, among others.
Global Sulphuric Acid Market report provides deep insight into the Sulphuric acid market's current and future state across various regions. The study comprehensively analyzes the Sulphuric acid market by segmenting based on Raw Materials (Elemental sulfur, Base metal smelters, Pyrite ore, and Others), Application (Chemical manufacturing, Fertilizers, Petroleum refining, Metal processing, Textile industry, Automotive industry, and Other applications), and Geography (North America, Asia-Pacific, South America, Europe, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also extensively coversresearched competitive landscape sections with major companies' profiles, including their market shares and projects.
According to BlueQuark Research & Consulting, the Global Sulphuric acid market is expected to witness a considerable growth rate during the forecast period. The major factors responsible for the global Sulphuric acid market's growth are the rise in acid usage in fertilizers and other specialty & bulk chemicals such as hydrofluoric acid, titanium dioxide, and nitric acid. Rapid industrialization and Sulphuric acid's extensive use are estimated to drive the global market during the forecast period. However, strict government directives on Sulphuric acid usage, owing to the acid's hazardous effects, are expected to restrain the growth of the global sulphuric acid market.
Asia-Pacific region is projected to be the largest market for global sulphuric acid. An increase in government initiatives and collaborations with global manufacturing firms and the utilization of Sulphuric acid to produce fertilizers and in the processing of other industrial chemicals are significant factors driving the market in the region.
In terms of segmentation by application, the Global Sulphuric acid market is dominated by the fertilizer segment. Sulphuric acid is used to produce fertilizers such as diammonium phosphates and triple superphosphate. Thus increasing demand from the agricultural and fertilizer industry drives the Global Sulphuric acid market.
In terms of segmentation by raw material, Elemental sulfur is the segment with the largest market share in the global sulphuric acid market. The raw material causes less pollution than pyrite ore or base metal smelters and is available in abundance in the industry.
The Global Sulphuric acid market is highly fragmented. Major companies in the market were found to be PVS Chemicals, Akzo Nobel N.V., Unigel S.A., DowDuPont Inc., Ineos Enterprises Limited, and BASF SE, among others.
Global Sulphuric Acid Market report provides deep insight into the Sulphuric acid market's current and future state across various regions. The study comprehensively analyzes the Sulphuric acid market by segmenting based on Raw Materials (Elemental sulfur, Base metal smelters, Pyrite ore, and Others), Application (Chemical manufacturing, Fertilizers, Petroleum refining, Metal processing, Textile industry, Automotive industry, and Other applications), and Geography (North America, Asia-Pacific, South America, Europe, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also extensively coversresearched competitive landscape sections with major companies' profiles, including their market shares and projects.
1. Executive Summary
2. Research Scope and Methodology
2.1 Aim & Objective of the study
2.2 Market Definition
2.3 Study Information
2.4 General Study Assumptions
2.5 Research Phases
3. Market Analysis
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.2 Restraints
3.3 Market Trends & Developments
3.4 Market Opportunities
3.5 Feedstock Analysis
3.6 Regulatory Policies
3.7 Analysis of Covid-19 Impact
4. Industry Analysis
4.1 Supply Chain Analysis
4.2 Porter's Five Forces Analysis
4.2.1 Competition in the Industry
4.2.2 Potential of New Entrants into the Industry
4.2.3 Bargaining Power of Suppliers
4.2.4 Bargaining Power of Consumers
4.2.5 Threat of substitute products
5. Market Segmentation & Forecast
5.1 By Raw Material
5.1.1 Elemental sulfur
5.1.2 Base metal smelters
5.1.3 Pyrite ore
5.1.4 Others
5.2 By Application
5.2.1 Fertilizers
5.2.2 Chemical manufacturing
5.2.3 Metal processing
5.2.4 Petroleum refining
5.2.5 Textile industry
5.2.6 Automotive industry
5.2.7 Others
6. Regional Market Analysis
6.1 North America
6.1.1 United States
6.1.2 Canada
6.1.3 Mexico
6.2 Europe
6.2.1 Germany
6.2.2 United Kingdom
6.2.3 Italy
6.2.4 France
6.2.5 Rest of Europe
6.3 Asia-Pacific
6.3.1 China
6.3.2 India
6.3.3 Japan
6.3.4 South Korea
6.3.5 Rest of Asia-Pacific
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 South Africa
6.5.2 Saudi Arabia
6.5.3 Rest of Middle East & Africa
7. Key Company Profiles
7.1 PVS Chemicals
7.2 BASF SE
7.3 Akzo Nobel N.V.
7.4 DowDuPont Inc.
7.5 Unigel S.A.
7.6 Boliden Group
7.7 Ineos Enterprises Limited
7.8 Trident Chemicals
7.9 Aurubis AG
7.10 Climax Molybdenum B.V.
7.11 Amal Ltd.
7.12 The Mosaic Company
7.13 Chemtrade Logistics Inc.
7.14 Khaitan Chemicals & Fertilizers Limited
7.15 Nouryon
7.16 Southern States Chemical
7.17 Ma'aden
7.18 Agrium Inc.
7.19 PQ Corporation
7.20 Zhejiang Jiahua Energy Chemical Industry Co. Ltd.
8. Competitive Landscape
8.1 List of Notable Players in the Market
8.2 M&A, JV, and Agreements
8.3 Market Share Analysis
8.4 Strategies of Key Players
9. Conclusions and Recommendations
2. Research Scope and Methodology
2.1 Aim & Objective of the study
2.2 Market Definition
2.3 Study Information
2.4 General Study Assumptions
2.5 Research Phases
3. Market Analysis
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.2 Restraints
3.3 Market Trends & Developments
3.4 Market Opportunities
3.5 Feedstock Analysis
3.6 Regulatory Policies
3.7 Analysis of Covid-19 Impact
4. Industry Analysis
4.1 Supply Chain Analysis
4.2 Porter's Five Forces Analysis
4.2.1 Competition in the Industry
4.2.2 Potential of New Entrants into the Industry
4.2.3 Bargaining Power of Suppliers
4.2.4 Bargaining Power of Consumers
4.2.5 Threat of substitute products
5. Market Segmentation & Forecast
5.1 By Raw Material
5.1.1 Elemental sulfur
5.1.2 Base metal smelters
5.1.3 Pyrite ore
5.1.4 Others
5.2 By Application
5.2.1 Fertilizers
5.2.2 Chemical manufacturing
5.2.3 Metal processing
5.2.4 Petroleum refining
5.2.5 Textile industry
5.2.6 Automotive industry
5.2.7 Others
6. Regional Market Analysis
6.1 North America
6.1.1 United States
6.1.2 Canada
6.1.3 Mexico
6.2 Europe
6.2.1 Germany
6.2.2 United Kingdom
6.2.3 Italy
6.2.4 France
6.2.5 Rest of Europe
6.3 Asia-Pacific
6.3.1 China
6.3.2 India
6.3.3 Japan
6.3.4 South Korea
6.3.5 Rest of Asia-Pacific
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 South Africa
6.5.2 Saudi Arabia
6.5.3 Rest of Middle East & Africa
7. Key Company Profiles
7.1 PVS Chemicals
7.2 BASF SE
7.3 Akzo Nobel N.V.
7.4 DowDuPont Inc.
7.5 Unigel S.A.
7.6 Boliden Group
7.7 Ineos Enterprises Limited
7.8 Trident Chemicals
7.9 Aurubis AG
7.10 Climax Molybdenum B.V.
7.11 Amal Ltd.
7.12 The Mosaic Company
7.13 Chemtrade Logistics Inc.
7.14 Khaitan Chemicals & Fertilizers Limited
7.15 Nouryon
7.16 Southern States Chemical
7.17 Ma'aden
7.18 Agrium Inc.
7.19 PQ Corporation
7.20 Zhejiang Jiahua Energy Chemical Industry Co. Ltd.
*List of companies is not exhaustive
8. Competitive Landscape
8.1 List of Notable Players in the Market
8.2 M&A, JV, and Agreements
8.3 Market Share Analysis
8.4 Strategies of Key Players
9. Conclusions and Recommendations
LIST OF TABLES
Global Sulphuric acid Market, in USD Million, 2016-2025
Global Sulphuric acid Market, Opportunities, 2016-2025
Elemental sulfur – Sulphuric acid Market, in USD Million, 2016-2025
Base metal smelters – Sulphuric acid Market, in USD Million, 2016-2025
Pyrite ore – Sulphuric acid Market, in USD Million, 2016-2025
Other raw materials – Sulphuric acid Market, in USD Million, 2016-2025
Fertilizers – Sulphuric acid Market, in USD Million, 2016-2025
Chemical manufacturing – Sulphuric acid Market, in USD Million, 2016-2025
Metal processing - Sulphuric acid Market, in USD Million, 2016-2025
Petroleum refining - Sulphuric acid Market, in USD Million, 2016-2025
Textile industry - Sulphuric acid Market, in USD Million, 2016-2025
Automotive industry - Sulphuric acid Market, in USD Million, 2016-2025
Other applications – Sulphuric acid Market, in USD Million, 2016-2025
North America - Sulphuric acid Market, in USD Million, 2016-2025
Europe – Sulphuric acid Market, in USD Million, 2016-2025
Asia-Pacific - Sulphuric acid Market, in USD Million, 2016-2025
South America - Sulphuric acid Market, in USD Million, 2016-2025
Middle East & Africa - Sulphuric acid Market, in USD Million, 2016-2025
Sulphuric acid - Market Share of Key Companies in 2019
Other Supporting Charts
Agricultural Industry Growth Data, 2013-2019
Chemical Industry Industry Growth Data, 2013-2019
Global Sulphuric acid Market, in USD Million, 2016-2025
Global Sulphuric acid Market, Opportunities, 2016-2025
Elemental sulfur – Sulphuric acid Market, in USD Million, 2016-2025
Base metal smelters – Sulphuric acid Market, in USD Million, 2016-2025
Pyrite ore – Sulphuric acid Market, in USD Million, 2016-2025
Other raw materials – Sulphuric acid Market, in USD Million, 2016-2025
Fertilizers – Sulphuric acid Market, in USD Million, 2016-2025
Chemical manufacturing – Sulphuric acid Market, in USD Million, 2016-2025
Metal processing - Sulphuric acid Market, in USD Million, 2016-2025
Petroleum refining - Sulphuric acid Market, in USD Million, 2016-2025
Textile industry - Sulphuric acid Market, in USD Million, 2016-2025
Automotive industry - Sulphuric acid Market, in USD Million, 2016-2025
Other applications – Sulphuric acid Market, in USD Million, 2016-2025
North America - Sulphuric acid Market, in USD Million, 2016-2025
Europe – Sulphuric acid Market, in USD Million, 2016-2025
Asia-Pacific - Sulphuric acid Market, in USD Million, 2016-2025
South America - Sulphuric acid Market, in USD Million, 2016-2025
Middle East & Africa - Sulphuric acid Market, in USD Million, 2016-2025
Sulphuric acid - Market Share of Key Companies in 2019
Other Supporting Charts
Agricultural Industry Growth Data, 2013-2019
Chemical Industry Industry Growth Data, 2013-2019