Future Prospects in Sulfuric Acid Market by Forecast from 2019 to 2027 with In-Depth Analysis of Key Players

sulfuric acid market

The molecular formula of sulfuric acid is โ€˜H2SO4. It is classified as a strong mineral acid with high corrosive abilities.

SEATLE, WA, USA, March 3, 2022 /EINPresswire.com/ โ€” Coherent Market Insights The recently announced Global Sulfuric Acid Market report is an objective and in-depth study of the current status aimed at key drivers, market strategies and growth of key players. Sulfuric acid is used in the production of phosphate fertilizers such as monoammonium phosphate, diammonium phosphate, calcium dihydrogen phosphate and others. According to the Food and Agriculture Organization of the United Nations (FAO), the global demand for phosphate fertilizers in 2017 was 43.2 million tonnes. The FAO has estimated that this demand will increase to 45.8 million tons by 2020. Thus, the growing demand for phosphate fertilizers is expected to drive the growth of the global sulfuric acid market.

In addition to this, Coherent Market Insights has access to a wide range of regional and global reputable paid databases, which helps the company understand the regional and global sulfuric acid market trends and dynamics. The company analyzes the sulfuric acid market industry from a 360 degree perspective. However, strict government regulations on the use of sulfuric acid, due to the dangerous effects of the strong acid mixture, are expected to restrain the growth of the global sulfuric acid market. For example, the American Conference of Governmental Industrial Hygienists (ACGIH) has classified the acid as a carcinogen. These stringent regulations are expected to hamper the growth of the market over the forecast period.

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๐ ๐ฅ๐จ๐›๐š๐ฅ ๐š๐œ๐ข๐ ๐ข๐ฌ ๐จ๐Ÿ ๐จ๐Ÿ ๐จ๐Ÿ ๐จ๐Ÿ ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐จ๐Ÿ ๐จ๐Ÿ ๐‚๐€๐†๐‘ ๐‚๐€๐†๐‘ ๐‚๐€๐†๐‘ ๐‚๐€๐†๐‘ ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐‚๐€๐†๐‘ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐‚๐€๐†๐‘๐Ÿ ๐ญ๐จ๐ง๐ฌ ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ•.

Among the regions, Asia-Pacific is expected to be the fastest growing region in the market over the forecast period, owing to the rising demand for sulfuric acid for various applications such as chemical manufacturing, paper and pulp, fertilizers in emerging economies such as India and China. . The major players are adopting various strategies such as business expansion to meet the growing demand for sulfuric acid.

๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐†๐ฅ๐จ๐›๐š๐ฅ ๐€๐œ๐ข๐ ๐€๐œ๐ข๐,
pyrite ore
Elemental sulfur
Base metal foundries
Others

๐†๐ฅ๐จ๐›๐š๐ฅ ๐€๐œ๐ข๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ :
Fertilizers
Pulp and paper
textiles
Chemical manufacturing
Metal processing
Automotive battery acid
Petroleum refinement
Others

๐†๐ฅ๐จ๐›๐š๐ฅ ๐€๐œ๐ข๐ ๐€๐œ๐ข๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ :
Single contact process
Wet contact process
Master chamber process

๐’๐จ๐ฆ๐ž ๐œ๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐œ๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐ข๐ง ๐ข๐ง ๐ข๐ง ๐จ๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ข๐ง:
PVS Chemicals, BASF SE, Akzo Nobel NV, DowDuPont Inc., Unigel Group, Boliden Group, Ineos Enterprises Limited, Trident Chemicals, Aurubis AG, Climax Molybdenum BV and Amal Ltd.

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๐“๐š๐›๐ฅ๐ž ๐จ๐Ÿ ๐‚๐จ๐ง๐ญ๐ž๐ง๐ญ๐ฌ
Research objectives and hypotheses
Research objectives
Hypotheses
Abbreviations
Market scope
Market dynamics, regulation and trend analysis
Global sulfuric acid market, by feedstock type, 2016-2027 (USD Billion and Tons)
Global sulfuric acid market, by application, 2016-2027 (USD billion and tons)
Global sulfuric acid market, by manufacturing process, 2016-2027 (USD Billion and Tons)
Global sulfuric acid market, by region, 2016-2027 (USD Billion and Tons)

๐…๐ซ๐ž๐ช๐ฎ๐ž๐ง๐ญ๐ฅ๐ฒ ๐€๐ฌ๐ค๐ž๐ ๐๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ
What is the sulfuric acid market growth estimate to 2027?
Who are the major sulfuric acid market players globally?
What are the major factors hindering the growth of the sulfuric acid market?
What are the key factors driving the growth of the sulfuric acid market?
What is the compound annual growth rate (CAGR) of the Sulfuric Acid market for the next 8 years?
Which region held the largest market share in the sulfuric acid market?

๐๐ซ๐ž๐ฌ๐ฌ ๐‘๐ž๐ฅ๐ž๐š๐ฌ๐ž :-

Sulfuric Acid Market โ€“ https://www.coherentmarketinsights.com/press-release/sulfuric-acid-market-to-surpass-3241-million-tons-by-2027-2512

Research Methodology
Coherent Market Insights follows a comprehensive research methodology focused on providing the most accurate market analysis. The company relies on a data triangulation model that helps the company assess market dynamics and provide accurate estimates. Key elements of the research methodologies followed for all our market reports include:

โžคPrimary research (commercial surveys and interviews with experts)
โžคDocumentary research
โžคOwner Data Analysis Template

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