Data Bridge Market Research

Sulfuric Acid Market Accounted Billions of Dollar Business with Growing CAGR of 3.0% to 2024

Global Sulfuric Acid Market accounted for USD 9.70 billion in 2016 and is projected to grow at a CAGR of 3.0% during the forecast period of 2017 to 2024

 

Pune, India -- (SBWIRE) -- 02/15/2019 -- The Global Sulfuric Acid Market accounted for USD 9.70 billion in 2016 and is projected to grow at a CAGR of 3.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
This report offers the reader the opportunity not most effective to compete, however also to triumph over competition. This Sulfuric Acid file on the market suggests the definition, category, packages and market trends of the marketplace. The worldwide demand in the end user section for the Sulfuric Acid marketplace is growing each day. Sulfuric Acid market is undergoing some of traits, product launches, joint ventures, mergers and acquisitions because of its distinguished marketplace gamers and leading manufacturers that pressure the market in terms of income, import, export and revenue.
This record additionally identifies all drivers and obstacles in the Sulfuric Acid marketplace with the aid of swot analysis. This take a look at calculates the CAGR value fluctuation for the Sulfuric Acid market at some point of the forecast duration of 2018-2025.

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Major Market Drivers:
- Growing demand for sulfur based fertilizers
- Rising demand for sulfuric acid in the oil & gas industry and waste water treatment
Market Restraint:
- Weaker sales due to surplus in the market
- Strict environmental regulations due to toxic effects of sulfuric acid

Sulfuric Acid Market Competitive Landscape:
The global sulfuric acid market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Major Market Competitors: Sulfuric Acid Market
- The Mosaic Company
- Potashcorp
- Groupe Chimique Tunisien Sa
- Maaden – Saudi Arabian Mining Company
- OCP Group
- Phosagro
- BASF SE
- Chemtrade Logistics Income Fund
- Akzonobel N.V.
- E. I. Du Pont De Nemours and Company
- Ineos Enterprises
- PVS Chemicals
- Aurubis
- Agrium
- Norfalco
- Gulf Fluor
- Oxbow Carbon
- KMG Chemicals
- Eurochem
- ECO Services
- Reagent
- Atul Ltd

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Sulfuric Acid Market Segmentation:
The sulfuric acid market is segmented on the basis of raw material into elemental sulfur, base metal smelters, pyrite ore and others.
On the basis of manufacturing process, the market is segmented into lead chamber process, contact process, wet sulfuric, and acid process.
On the basis of application, the market is segmented into fertilizers, chemical manufacturing, metal processing, petroleum refining, textile industry, automotive, pulp & paper and others.
On the basis of geography, the sulfuric acid market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

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