Lucintel Forecasts The Global Sulfuric Acid Market To Grow With A Cagr Of 3.9% From 2024 To 2030

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According to a market report by Lucintel, the future of the global sulfuric acid market looks promising with opportunities in the fertilizer, chemical manufacturing, metal processing, petroleum refining, textile industry, automotive, and pulp & paper markets. The global sulfuric acid market is expected to grow with a CAGR of 3.9% from 2024 to 2030. The major drivers for this market are increased use of sulfuric acid in the field of agriculture, rising demand from metalworking sector to clean various metal surfaces of corrosion and other impurities, and growing use in wastewater treatment.
A more than 150-page report to understand trends, opportunity and forecast in global sulfuric acid market to 2030 by raw material (elemental sulfur, base metal smelters, pyrite ore, and others), application (fertilizers, chemical manufacturing, metal processing, petroleum refining, textile industry, automotive, pulp & paper, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the raw material category, elemental sulfur will remain the largest segment over ...
... the forecast period due to its affordability, low cost, and lower emissions compared to base metal smelters and pyrite ore.
Within the application category, fertilizer will remain the largest segment due to its strong acidic qualities and ability to break down raw materials and provide the nutrients required for plant development.
Download sample by clicking on sulfuric acid market.
In terms of regions, APAC will remain the largest region over the forecast period due to the construction of production facilities owing to the expanding chemical industry and the easy availability of raw materials for the manufacturing of sulfuric acid.
The Mosaic Company, AkzoNobel, BASF, PVS Chemical Solution, Solvay, Agrium, INEOS, OCP Group, PHOSAGRO, KMG chemicals are the major suppliers in the sulfuric acid market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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