The global sulfuric acid market is projected to grow at a CAGR of 2.08% to reach US$15.497 billion by 2024, from US$13.698 billion in 2018. Sulfuric acid is one of the most widely used chemicals in industries such as including chemical, automotive, oil and gas, and textile among many others. The demand for this chemical would be primarily driven due to its varied applications across industry verticals. However, the surplus in the market on account of overproduction coupled with the volatility of raw material prices will hinder the growing demand for sulfuric acid over the forecast period.
This research study examines the current market trends related to demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the global sulfuric acid value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and efficient understanding of the global sulfuric acid market.
Major industry players profiled as part of the report are Spectrum Chemical Manufacturing Corporation, NuGeneration Technologies, The Mosaic Company, HibrettPuratex, Southern States Chemical (Subsidiary of Dulany Industries, Inc.), BASF SE and ACP Labchem, Inc., among others.
Segmentation
The global sulfuric acid market has been analyzed through the following segments:
South America
Europe
Middle East and Africa
Asia Pacific
This research study examines the current market trends related to demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the global sulfuric acid value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and efficient understanding of the global sulfuric acid market.
Major industry players profiled as part of the report are Spectrum Chemical Manufacturing Corporation, NuGeneration Technologies, The Mosaic Company, HibrettPuratex, Southern States Chemical (Subsidiary of Dulany Industries, Inc.), BASF SE and ACP Labchem, Inc., among others.
Segmentation
The global sulfuric acid market has been analyzed through the following segments:
- By Raw Material
- Elemental Sulfur
- Pyrite Ore
- Base Metal Smelters
- Others
- By End-User Industry
- Oil and Gas
- Textile
- Automotive
- Chemical
- Others
- By Geography
- USA
- Canada
- Mexico
- Others
South America
- Brazil
- Argentina
- Others
Europe
- Germany
- France
- United Kingdom
- Spain
- Others
Middle East and Africa
- Saudi Arabia
- Israel
- Others
Asia Pacific
- China
- Japan
- South Korea
- India
- Others
Table of Contents
1. INTRODUCTION
2. RESEARCH METHODOLOGY
4. MARKET DYNAMICS
5. GLOBAL SULFURIC ACID MARKET BY RAW MATERIAL
6. GLOBAL SULFURIC ACID MARKET BY END-USER INDUSTRY
7. GLOBAL SULFURIC ACID MARKET BY GEOGRAPHY
8. COMPETITIVE INTELLIGENCE
9. COMPANY PROFILES
Companies Mentioned
- Spectrum Chemical Manufacturing Corporation
- NuGeneration Technologies
- The Mosaic Company
- HibrettPuratex
- Southern States Chemical (Subsidiary of Dulany Industries, Inc.)
- BASF SE
- ACP Labchem, Inc.
- LANXESS
- Nyrstar
Methodology
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