888-776-0942 from 8 AM - 10 PM ET
CHICAGO , Sept. 2, 2022 /PRNewswire/ -- Sulfuric Acid Market is projected to grow from USD 13.2 billion in 2020 to USD 28.5 billion by 2027, at a CAGR of 11.7% during the forecast period, according to a new report by MarketsandMarketsâ„¢. Expanding market for fertilizers, chemical manufacturing and metal processing is expected to drive the sulfuric acid market.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1065
Browse in-depth TOC on "Sulfuric Acid Market" 216 – Tables 34 – Figures 196 – Pages
The elemental sulfur segment is expected to hold the largest share of the sulfuric acid market, during the forecast period
The elemental sulfur segment is expected to lead the sulfuric acid market during the forecast period by volume. Elemental sulfur is the major feedstock used for the production of sulfuric acid. Elemental sulfur is one of the widely used raw materials in the production of sulfuric acid and with the growing demand for sulfuric acid the segment is expected to grow.
The chemical manufacturing segment, by application, is expected to account for the second largest market during the forecast period
Based on application, sulfuric acid is classified into fertilizers, metal processing, pulp & paper, petroleum refining, textile industry, automotive, chemical manufacturing, and others. Sulfuric acid is used in the manufacturing process of many well-known chemicals, including hydrochloric acid, nitric acid, phosphoric acid, and many other industrial chemicals. It is also used in the manufacturing of hydrofluoric acid and phenol with propanone, all of which are used in many industries. Thus, the usage of sulfuric acid in the production of the wide range of chemicals is expected to drive the market.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=1065
Asia Pacific region is expected to be the largest and fastest growing sulfuric acid market
Asia Pacific is expected to lead the sulfuric acid market during the forecast period by value. This demand can be attributed to the high growth in emerging economies such as China and India , sthat has made Asia Pacific a huge market for sulfuric acid. China is one of the largest markets for sulfuric acid across the globe and is expected to contribute a major portion to the overall regional demand for sulfuric acid during the forecast period.
Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=1065
Browse Adjacent Markets: Bulk Chemicals and Inorganics Market Research Reports & Consulting
White Inorganic Pigments Market by Product Type (Aluminum Silicate, Calcium Silicate, Calcium Carbonate, Silica, Titanium Dioxide, Zinc Oxide), Application and Region (North America , Europe , APAC, MEA, South America ) - Global Forecast to 2026
Maleic Anhydride Market by Raw Material (n-butane and Benzene), Application (Unsaturated Polyester Resin (UPR), 1,4-butanediol (1,4-BDO), Lubricating Oil Additives, and Copolymers)), and Region - Global Forecast to 2026
Dimethyl Carbonate Market by Application (Polycarbonate Synthesis, Battery Electrolyte, Solvents, Reagents), End-Use Industry (Plastics, Paints & Coatings, Pharmaceuticals), Grade (Industry, Pharmaceutical, Battery), Region - Global Forecast to 2026
Methanol Market by Feedstock (Natural Gas, Coal), Derivative (Formaldehyde, MTO/MTP, Gasoline, MTBE, MMA, Acetic Acid, DME, Biodiesel), Sub-Derivative, End-use Industry, and Region (North America , APAC, Europe , South America , MEA) - Global Forecasts to 2026
MarketsandMarketsâ„¢ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarketsâ„¢ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact: Mr. Aashish Mehra MarketsandMarketsâ„¢ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Email: [email protected] Research Insight: https://www.marketsandmarkets.com/ResearchInsight/sulphuric-acid-market.asp Visit Our Website: https://www.marketsandmarkets.com/ Content Source: https://www.marketsandmarkets.com/PressReleases/sulphuric-acid.asp
Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg
More news releases in similar topics
Cision Distribution 888-776-0942 from 8 AM - 9 PM ET