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Global Sulfuric Acid Market Report By Application (Fertilizers, Chemical Synthesis, Wastewater Treatment, Metal & Mining, Semiconductors, And Others), And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2028
ID:VMR11211321
May 2022
Report Formats: Electronic (PDF), MS EXCEL
Sulfuric acid is one of the primarily produced chemicals in the world. The outlook for the global sulfuric acid market is expected to exhibit uneven growth patterns during the forecast period owing to stringent regulation and changing norms.
FERTILIZERS SEGMENT DOMINATED WITH OVER 30% SHARE IN 2020.
Sulfur is a crucial raw material to produce nitrogen, phosphate, potassium, and ammonium fertilizers. The production of fertilizers from wet-process phosphoric acid is the major end-use market for sulfuric acid, accounting for over 30% of total world consumption in 2020. Sulfur fertilizers are widely employed across agricultural practices as they boost crop quality and economic returns of fertilizer.
ASIA PACIFIC DOMINATED WITH OVER 35% SHARE.
The Asia Pacific is the major sulfuric acid market. A combination of favourable economic and demographic trend has stimulated a growing appetite for sulfuric acid. Fast evolving trends in the fertilizer and chemical industry are promoting industry growth. China is a prime consumer of sulfuric in the Asia Pacific as well as the world. It is anticipated that the Asia Pacific will consume two-third of the global sulphuric acid. Attributed to foreseen demand, substantial investment is also predicted to catalyse in coming years.
PROMINENT PLAYERS IN THE MARKET:
BASF SE, Chemtrade Logistics, INEOS, Khaitan Chemicals & Fertilizers Limited, Ma’aden, Nouryon, PQ Corporation, PVS Chemicals, Southern States Chemical, and The Mosaic Company.
The Global Sulfuric Acid Market was valued at USD 1025 million in 2020 and is projected to grow at a CAGR of 2.75% by 2027.
Sulfuric acid, chemically known as H2SO4, is a strong mineral acid which is soluble in water at all concentrations. It is a very crucial mineral acid used in the chemical industry. It used in various applications as it is one of the extensively produced and consumed commercial chemical across the globe. Sulfuric acid is a colorless and odorless liquid, hence it is also used extensively in the phosphate fertilizer industry.
Market Dynamics
The increasing utilization of sulfuric acid in fertilizers and other specialty and bulk chemicals such as nitric acid, as it is colorless and odorless, is driving the market growth. Moreover, increasing demand for fertilizers, especially phosphate fertilizers owing to rising production of cereals and oilseeds such as wheat, rice, and cotton coupled with growing population is further fueling the market value. However, volatility in prices of raw material may hamper the market demand.
The report has been created by using crucial tools such as Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity. These tools also serve the detailed information of each application/product segment in the global market of sulfuric acid.
Market Segmentation
The study offers a decisive view of the global sulfuric acid market by segmenting it in terms of application. The report analyzes these subsets with respect to the regional segmentation. This research study will prepare marketers for the evolving needs of their customers.
By Application
This section covers sulfuric acid market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional segmentation has been done based on the present and future trends in the global sulfuric acid market along with the individual application segment across all the prominent region.
Global Sulfuric Acid Market Share by Region (Representative Graph)
This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global sulfuric acid market are BASF SE, Chemtrade Logistics, INEOS, Khaitan Chemicals & Fertilizers Limited, Ma’aden, Nouryon, PQ Corporation, PVS Chemicals, Southern States Chemical, and The Mosaic Company. This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.
METHODOLOGY:
The projections featured in the report have been derived by using primary and secondary research. Secondary research has been carried out by using various sources which include (but not limited to) Corporate Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different trade publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.
Sulfuric acid, chemically known as H2SO4, is a strong mineral acid which is soluble in water at all concentrations. It is a very crucial mineral acid used in the chemical industry. It used in various applications as it is one of the extensively produced and consumed commercial chemical across the globe. Sulfuric acid is a colorless and odorless liquid, hence it is also used extensively in the phosphate fertilizer industry.
Market Dynamics
The increasing utilization of sulfuric acid in fertilizers and other specialty and bulk chemicals such as nitric acid, as it is colorless and odorless, is driving the market growth. Moreover, increasing demand for fertilizers, especially phosphate fertilizers owing to rising production of cereals and oilseeds such as wheat, rice, and cotton coupled with growing population is further fueling the market value. However, volatility in prices of raw material may hamper the market demand.
The report has been created by using crucial tools such as Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity. These tools also serve the detailed information of each application/product segment in the global market of sulfuric acid.
Market Segmentation
The study offers a decisive view of the global sulfuric acid market by segmenting it in terms of application. The report analyzes these subsets with respect to the regional segmentation. This research study will prepare marketers for the evolving needs of their customers.
By Application
- Fertilizers
- Chemical Synthesis
- Wastewater Treatment
- Metal & Mining
- Semiconductors
- Others
This section covers sulfuric acid market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional segmentation has been done based on the present and future trends in the global sulfuric acid market along with the individual application segment across all the prominent region.
Global Sulfuric Acid Market Share by Region (Representative Graph)
This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global sulfuric acid market are BASF SE, Chemtrade Logistics, INEOS, Khaitan Chemicals & Fertilizers Limited, Ma’aden, Nouryon, PQ Corporation, PVS Chemicals, Southern States Chemical, and The Mosaic Company. This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.
METHODOLOGY:
The projections featured in the report have been derived by using primary and secondary research. Secondary research has been carried out by using various sources which include (but not limited to) Corporate Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different trade publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . SULFURIC ACID – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 By Application
3.7.2 By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
5.1. Impact Analysis of Covid-19 Outbreak
5.1.1. Direct Impact on Production
5.1.2. Supply Chain and Market Disruption
5.1.3. Financial Impact on Firms and Financial Markets
5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
5.3. Market: Pre V/S Post COVID-19
5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
5.5. COVID-19: Micro and Macro Factor Analysis
6 . GLOBAL SULFURIC ACID MARKET ANALYSIS BY APPLICATION
6.1 Overview by Application
6.2 Historical and Forecast Data
6.3 Analysis by Application
6.4 Fertilizers Market by Regions
6.5 Chemical Synthesis Market by Regions
6.6 Wastewater Treatment Market by Regions
6.7 Metal & Mining Market by Regions
6.8 Semiconductors Market by Regions
6.9 Others Market by Regions
7 . GLOBAL SULFURIC ACID MARKET ANALYSIS BY GEOGRAPHY
7.1. Regional Outlook
7.2. Introduction
7.3. North America
7.3.1. Overview, Historic and Forecast Data
7.3.2. North America By Segment
7.3.3. North America By Country
7.3.4. United State
7.3.5. Canada
7.3.6. Mexico
7.4. Europe
7.4.1. Overview, Historic and Forecast Data
7.4.2. Europe by Segment
7.4.3. Europe by Country
7.4.4. United Kingdom
7.4.5. France
7.4.6. Germany
7.4.7. Italy
7.4.8. Russia
7.4.9. Rest Of Europe
7.5. Asia Pacific
7.5.1. Overview, Historic and Forecast Data
7.5.2. Asia Pacific by Segment
7.5.3. Asia Pacific by Country
7.5.4. China
7.5.5. India
7.5.6. Japan
7.5.7. South Korea
7.5.8. Australia
7.5.9. Rest Of Asia Pacific
7.6. Latin America
7.6.1. Overview, Historic and Forecast Data
7.6.2. Latin America by Segment
7.6.3. Latin America by Country
7.6.4. Brazil
7.6.5. Argentina
7.6.6. Peru
7.6.7. Chile
7.6.8. Rest of Latin America
7.7. Middle East & Africa
7.7.1. Overview, Historic and Forecast Data
7.7.2. Middle East & Africa by Segment
7.7.3. Middle East & Africa by Country
7.7.4. Saudi Arabia
7.7.5. UAE
7.7.6. Israel
7.7.7. South Africa
7.7.8. Rest Of Middle East And Africa
8 . COMPETITIVE LANDSCAPE OF THE SULFURIC ACID COMPANIES
8.1. Sulfuric Acid Market Competition
8.2. Partnership/Collaboration/Agreement
8.3. Merger And Acquisitions
8.4. New Product Launch
8.5. Other Developments
9 . COMPANY PROFILES OF SULFURIC ACID INDUSTRY
9.1. Company Share Analysis
9.2. Market Concentration Rate
9.3. BASF SE
9.3.1. Company Overview
9.3.2. Financials
9.3.3. Products
9.3.4. Recent Developments
9.4. Chemtrade Logistics
9.4.1. Company Overview
9.4.2. Financials
9.4.3. Products
9.4.4. Recent Developments
9.5. INEOS
9.5.1. Company Overview
9.5.2. Financials
9.5.3. Products
9.5.4. Recent Developments
9.6. Khaitan Chemicals & Fertilizers Limited
9.6.1. Company Overview
9.6.2. Financials
9.6.3. Products
9.6.4. Recent Developments
9.7. Ma’aden
9.7.1. Company Overview
9.7.2. Financials
9.7.3. Products
9.7.4. Recent Developments
9.8. Nouryon
9.8.1. Company Overview
9.8.2. Financials
9.8.3. Products
9.8.4. Recent Developments
9.9. PQ Corporation
9.9.1. Company Overview
9.9.2. Financials
9.9.3. Products
9.9.4. Recent Developments
9.10. PVS Chemicals
9.10.1. Company Overview
9.10.2. Financials
9.10.3. Products
9.10.4. Recent Developments
9.11. Southern States Chemical
9.11.1. Company Overview
9.11.2. Financials
9.11.3. Products
9.11.4. Recent Developments
9.12. The Mosaic Company
9.12.1. Company Overview
9.12.2. Financials
9.12.3. Products
9.12.4. Recent Developments
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers : Impact Analysis
- Restraints : Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- List of Potential Buyers
- COVID-19 Impact Analysis by Production, Import, Export and Demand
- Pre V/S Post COVID-19
- Estimated Impact Of The Coronavirus (Covid-19) Epidemic
- COVID-19: Micro and Macro Factor Analysis
- Analysis by Application (USD MN)
- Fertilizers Market by Geography (USD MN)
- Chemical Synthesis Market by Geography (USD MN)
- Wastewater Treatment Market by Geography (USD MN)
- Metal & Mining Market by Geography (USD MN)
- Semiconductors Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Global Sulfuric Acid Market by Geography (USD MN)
- North America Market Analysis (USD MN)
- United State Market Analysis (USD MN)
- Canada Market Analysis (USD MN)
- Mexico Market Analysis (USD MN)
- Europe Market Analysis (USD MN)
- Europe Market Estimate by Country (USD MN)
- United Kingdom Market Analysis (USD MN)
- France Market Analysis (USD MN)
- Germany Market Analysis (USD MN)
- Italy Market Analysis (USD MN)
- Russia Market Analysis (USD MN)
- Spain Market Analysis (USD MN)
- Rest of Europe Market Analysis (USD MN)
- Asia Pacific Market Analysis (USD MN)
- China Market Analysis (USD MN)
- Japan Market Analysis (USD MN)
- India Market Analysis (USD MN)
- South Korea Market Analysis (USD MN)
- Australia Market Analysis (USD MN)
- Rest of Asia Pacific Market Analysis (USD MN)
- Latin America Market Analysis (USD MN)
- Brazil Market Analysis (USD MN)
- Argentina Market Analysis (USD MN)
- Peru Market Analysis (USD MN)
- Chile Market Analysis (USD MN)
- Rest of Latin America Market Analysis (USD MN)
- Middle East & Africa Market Analysis (USD MN)
- Saudi Arabia Market Analysis (USD MN)
- UAE Market Analysis (USD MN)
- Israel Market Analysis (USD MN)
- South Africa Market Analysis (USD MN)
- Rest of Middle East and Africa Market Analysis (USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisiton
LIST OF FIGURES
- Research Scope of Sulfuric Acid Report
- Market Research Process
- Market Research Methodology
- Global Sulfuric Acid Market Size, by Region (USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis by Application
- Market Attractiveness Analysis by Region
- Value Chain Analysis
- Global Market Analysis by Application (USD MN)
- Fertilizers Market by Geography (USD MN)
- Chemical Synthesis Market by Geography (USD MN)
- Wastewater Treatment Market by Geography (USD MN)
- Metal & Mining Market by Geography (USD MN)
- Semiconductors Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Global Market by Revenue
- North America Market by Revenue
- Europe Market by Revenue
- Asia Pacific Market by Revenue
- Latin America Market by Revenue
- Middle East & Africa Market by Revenue
- Recent Development in Industry
- Company Market Share Analysis
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.
Related Categories
Chemicals And Materials
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Objectives of Study
- Define and measure the global market
- Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
- Analyze and identify major market trends along with the factors driving or inhibiting the market growth
- Study the company profiles of the major market players with their market share
- Analyze competitive developments