Press release
Global Sulfuric Acid Market is expected to grow at a CAGR of 4.64% during the forecast period from 2019-2025
As per the report published by Fior Markets, the global sulfuric acid market is expected to grow from USD 11.02 billion in 2017 to USD 16.52 billion by 2025 at a CAGR of 4.64% during the forecast period from 2018-2025. Asia Pacific is fastest growing region due to the increasing production of sulfur in China and Japan, rising demand for sulfuric acid, easy availability of raw materials, and developmental strategies between companies in this region has increased regional growth in the global sulfuric acid market.
Global Sulfuric Acid Market by Raw Material (Elemental Sulfur, Base Metal Smelters, Pyrite Ore, Others), Manufacturing Process, Application (Fertilizers, Chemical Manufacturing, Metal Processing, Petroleum Refining, Others), Region and Global Forecast 2018-2025.
DOWNLOAD FREE SAMPLE REPORT:https://www.fiormarkets.com/report-detail/375932/request-sample
Prominent companies in the industry include The Mosaic Company, Potashcorp, GroupeChimiqueTunisien Sa, Maaden, OCP Group, Phosagro, BASF SE, Chemtrade Logistics Income Fund, Akzonobel N.V., E. I. Du Pont De Nemours and Company, Ineos Enterprises, Limited, PVS Chemicals, Inc., Aurubis, Agrium Inc., KMG Chemicals Inc, and Eurochemare offering greater opportunities and major players are continuously focused on new product developments and venture capital investments to obtain market share.For instance, in 2016, The Mosaic Company acquired Vale Fertilizantes business of Vale S.A. This acquisition expanded Mosaic's presence in the Brazilian agricultural market.
Raw material segment includes elemental sulfur, base metal smelters, pyrite ore, and others. Elemental sulfur dominated the global sulfuric acid market with USD 3.20 billion in 2017 owing to abundance of elemental sulfur worldwide. The production of sulfuric acid using elemental sulfur is less polluting thus its adoption has increased due to its environmental friendliness gas emissions. Manufacturing process is divided into lead chamber process, contact process, wet sulfuric acid process, and others. Contact process segment held highest market share of 27.63% over the forecast period. This process is industries to produce high concentrated sulfuric acid. Contact process uses vanadium pentoxide (V2O5) catalyst and uses raw materials to produce a highly concentrated sulfuric acid (H2SO4).Application segment covers fertilizers, chemical manufacturing, metal processing, petroleum refining, textile industry, automotive, pulp & paper, and others. Fertilizers segment is anticipated to hold highest market share of 25.87% over the forecast period. This is attributable to increasing demand for improved quality of crops and rapid industrialization & urbanization has decreased the land areas and hence there raised the need to use fertilizers for increasing crop yield.
ACCESS FULL REPORT:https://www.fiormarkets.com/report/global-sulfuric-acid-market-by-raw-material-elemental-375932.html
Replacement of the aging fleet, increase in the production of nutrient-rich food crops, demand for sulfuric acid due to its diversified applicationsare the key driving factors for the sulfuric acid market. Furthermore, increasing demand from industries such as fertilizers, chemicals, paper & pulp, petroleum, metal processing, and automotive sector will help to drive the market growth. However, strict environmental regulations due to toxicological effects of sulfuric acid, high raw material prices, and weaker sales due to surplus in the marketmay restrict the growth of market. The growing use of Oleumis creating new opportunities for the sulfuric acid market over the forecast period.
Customization of the Report:This report can be customized to meet the client's requirements. Please connect with our sales team (sales@fiormarkets.com), who will ensure that you get a report that suits your needs.
Contact Us
Mark Stone
Sales Manager
Office-102, Sanskriti Aspirations
Baner Road, Pune,
MH 411045
India
Phone: (201) 465-4211
Email: sales@fiormarkets.com
Web: www.fiormarkets.com
About Us:
Fior Markets is a futuristic market intelligence company, helping customers flourish their business strategies and make better decisions using actionable intelligence. With transparent information pool, we meet clients' objectives, commitments on high standard and targeting possible prospects for SWOT analysis and market research reports. We sell market research reports obtained from major publishers from various industries, in which a comprehensive overview of the market is provided along with statistical forecasts, strategic recommendations, detailed segmentation, current market scenario, competitive landscape and key trends.
Global Sulfuric Acid Market by Raw Material (Elemental Sulfur, Base Metal Smelters, Pyrite Ore, Others), Manufacturing Process, Application (Fertilizers, Chemical Manufacturing, Metal Processing, Petroleum Refining, Others), Region and Global Forecast 2018-2025.
DOWNLOAD FREE SAMPLE REPORT:https://www.fiormarkets.com/report-detail/375932/request-sample
Prominent companies in the industry include The Mosaic Company, Potashcorp, GroupeChimiqueTunisien Sa, Maaden, OCP Group, Phosagro, BASF SE, Chemtrade Logistics Income Fund, Akzonobel N.V., E. I. Du Pont De Nemours and Company, Ineos Enterprises, Limited, PVS Chemicals, Inc., Aurubis, Agrium Inc., KMG Chemicals Inc, and Eurochemare offering greater opportunities and major players are continuously focused on new product developments and venture capital investments to obtain market share.For instance, in 2016, The Mosaic Company acquired Vale Fertilizantes business of Vale S.A. This acquisition expanded Mosaic's presence in the Brazilian agricultural market.
Raw material segment includes elemental sulfur, base metal smelters, pyrite ore, and others. Elemental sulfur dominated the global sulfuric acid market with USD 3.20 billion in 2017 owing to abundance of elemental sulfur worldwide. The production of sulfuric acid using elemental sulfur is less polluting thus its adoption has increased due to its environmental friendliness gas emissions. Manufacturing process is divided into lead chamber process, contact process, wet sulfuric acid process, and others. Contact process segment held highest market share of 27.63% over the forecast period. This process is industries to produce high concentrated sulfuric acid. Contact process uses vanadium pentoxide (V2O5) catalyst and uses raw materials to produce a highly concentrated sulfuric acid (H2SO4).Application segment covers fertilizers, chemical manufacturing, metal processing, petroleum refining, textile industry, automotive, pulp & paper, and others. Fertilizers segment is anticipated to hold highest market share of 25.87% over the forecast period. This is attributable to increasing demand for improved quality of crops and rapid industrialization & urbanization has decreased the land areas and hence there raised the need to use fertilizers for increasing crop yield.
ACCESS FULL REPORT:https://www.fiormarkets.com/report/global-sulfuric-acid-market-by-raw-material-elemental-375932.html
Replacement of the aging fleet, increase in the production of nutrient-rich food crops, demand for sulfuric acid due to its diversified applicationsare the key driving factors for the sulfuric acid market. Furthermore, increasing demand from industries such as fertilizers, chemicals, paper & pulp, petroleum, metal processing, and automotive sector will help to drive the market growth. However, strict environmental regulations due to toxicological effects of sulfuric acid, high raw material prices, and weaker sales due to surplus in the marketmay restrict the growth of market. The growing use of Oleumis creating new opportunities for the sulfuric acid market over the forecast period.
Customization of the Report:This report can be customized to meet the client's requirements. Please connect with our sales team (sales@fiormarkets.com), who will ensure that you get a report that suits your needs.
Contact Us
Mark Stone
Sales Manager
Office-102, Sanskriti Aspirations
Baner Road, Pune,
MH 411045
India
Phone: (201) 465-4211
Email: sales@fiormarkets.com
Web: www.fiormarkets.com
About Us:
Fior Markets is a futuristic market intelligence company, helping customers flourish their business strategies and make better decisions using actionable intelligence. With transparent information pool, we meet clients' objectives, commitments on high standard and targeting possible prospects for SWOT analysis and market research reports. We sell market research reports obtained from major publishers from various industries, in which a comprehensive overview of the market is provided along with statistical forecasts, strategic recommendations, detailed segmentation, current market scenario, competitive landscape and key trends.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
