Sulfuric Acid Market

Sulfuric Acid Market by Raw Material (Elemental Sulfur, Base Metal Smelters, Pyrite Ore), Application (Fertilizers, Chemical Manufacturing, Metal Processing, Petroleum Refining, Textile Industry, and Automotive) and Region - Global Forecast to 2027

Report Code: CH 1518 Sep, 2022, by marketsandmarkets.com

[196 Pages Report] The global sulfuric acid market size is estimated to be USD 13.2 billion in 2020 and is expected to reach USD 28.5 billion by 2027, at a CAGR of 11.7% from 2020 to 2027. Increased usage of sulfuric acid in the agriculture sector along with its usage in the manufacturing of wide range of chemicals, is expected to drive the market during the forecast period.

Sulfuric Acid Market

To know about the assumptions considered for the study, Request for Free Sample Report

Sulfuric acid Market Dynamics

Driver: Strong demand for sulfuric acid in various industries

Sulfuric acid is called the “king of chemicals” due to its extensive use in numerous applications in the chemical industry. Sulfuric acid is one of the most widely used industrial chemicals as a raw material or a processing agent. It is used in the manufacturing process of many popular chemicals such as hydrochloric acid, sulfate salts, nitric acid, phosphoric acid, synthetic detergents, dyes, and pigments, among others. The major end-use industries of sulfuric acid include automotive, petrochemical, metal refining, and textile. The most promising applications for sulfuric acid are the production of semi-conductors, detergents, and disinfectants, among other industrial chemicals. Thus, usage of sulfuric acid in a wide range of industries is expected to drive the market.

Restraints: Restriction on use of sulfuric acid due to health and environmental concerns

Sulfuric acid is produced in the air from sulfur dioxide, which is released when coal, oil, and gas are burned. The released sulfur dioxide slowly forms sulfur trioxide, which reacts with water vapor in the air to form sulfuric acid. Sulfuric acid can remain suspended in the air for varying periods of time. Sulfuric acid in the rain contributes to the formation of acid rain. Acid rain is very harmful to the environment as well as to human health. It can be extremely harmful to forests and wildlife. It seeps into the ground and dissolves nutrients such as magnesium and calcium that are essential for the growth and development of trees and natural flora. These factors restrain the growth of sulfuric acid market

Opportunity: Increasing use of sulfuric acid in wastewater treatment

Sulfuric acid has a vital role in wastewater treatment. Wastewater treatment is a process carried out for environmental protection, and sulfuric acid is the most widely used chemical to bring the pH level of wastewater back to normal. Sulfuric acid helps in pH level neutralization and eliminating solid particles such as polymers, alums, and ferric chloride. It also controls and prevents offensive odor found in wastewater and destroys pathogens that can spread diseases. Using sulfuric acid in chemical treatment enables the separation of water and sludge.

Challenge: Rapid increase in price.

Sulfuric acid has a considerable demand in the downstream chemical fertilizer industry. Due to various import regulations, there has been a significant rise in the prices of imported sulfur. The prices of sulfuric acid have continued to rise since the second half of 2020. The price further increased in July 2021. China is one of the largest producers of sulfuric acid in the world. The average market price of smelting sulfuric acid in East China has increased from USD 15/ton in 2020 to USD 120/ton in 2021. Thus, rapid increase in price can prove to be a challenging factor for the growth of this market

Based on a raw material, elemental sulfur segment is the largest market during the forecast period

The elemental sulfur segment accounted for the largest segment in 2021 in terms of volume. Elemental sulfur is mainly recovered from petroleum refineries and natural gas operations. Sulfur ranks as one of the most important elements used as an industrial raw material and is of prime importance to the fertilizer and manufacturing industries. Elemental sulfur is one of the widely used raw material in the manufacturing of sulfuric acid Thus, with growth in demand for sulfuric acid in various industries, the demand for this segment is expected to boost during the forecast period.

Based on application, fertilizers segment accounted for the largest market during the forecast period

The liquid sulfuric acid accounted for the largest segment, by electrolyte type in 2021, in terms of value. About 50%-60% of sulfuric acid goes into the manufacturing of phosphate fertilizers such as superphosphate of lime and ammonium sulfate. It is a key raw material that reacts with phosphate rock in the processing plant to generate phosphoric acid and phosphogypsum. Phosphoric acid is formed as an intermediary product in the production of all high-grade phosphate fertilizers. With the growing need for an increase in yield from farmers and decreasing availability of fertile land for agricultural practices due to growing urbanization, the demand for fertilizers is estimated to increase rapidly. These are some factors which will drive the market for the segment.

Asia Pacific is the largest sulfuric acid market in terms of value

Asia Pacific accounted for the largest share followed by North America, in terms of value, in 2021. Huge population in this region led to an increased crop yield. But with the growing urbanization, there has been a decline in the fertile land for agriculture. This has enhanced the demand for fertilizers in this region. This, growth in demand for fertilizers in key countries such as India and China is expected to propel the demand for sulfuric acid in the region.

Sulfuric Acid Market by Region

To know about the assumptions considered for the study, download the pdf brochure

Key Market Players

Major companies in the sulfuric acid market include The Mosaic Company (US), BASF SE (Germany), OCP Group (Morocco), Chemtrade Logistics Income Fund (Canada), and Nouryon (Netherlands), among others. A total of 20 major players have been covered. These players have adopted joint ventures, new product launches and new product developments as the major strategies to consolidate their position in the market.

Sulfuric Acid Market Report Scope

Report Metric

Details

Market Size Value in 2020

USD 13.2 billion

Revenue Forecast in 2027

USD 28.5 billion

CAGR

11.7%

Market Size Available for Years

2018–2027

Base Year Considered

2021

Forecast Period

2022–2027

Forecast Units

Value (USD Million/Billion) and Volume (Million Ton)

Segments Covered

Raw Material, Application, and Region

Geographies Covered

North America, Western Europe, Central & Eastern Europe, Asia Pacific, the Middle East & Africa, and South America

Companies Covered

The major market players include The Mosaic Company (US), BASF SE (Germany), OCP Group (Morocco), Chemtrade Logistics Income Fund (Canada), and Nouryon (Netherlands), among others.
(Total of 20 companies)

This research report categorizes the sulfuric acid market based on Raw Material, Application, and Region.

Based on raw material, the sulfuric acid market has been segmented as follows:

  • Elemental Sulfur
  • Pyrite Ores
  • Base Metal Smelters
  • Others

Based on application, the sulfuric acid market has been segmented as follows:

  • Fertilizers
  • Metal Processing
  • Pulp & Paper
  • Petroleum Refining
  • Textile Industry
  • Automotive
  • Chemical Manufacturing
  • Others

Based on Region, the sulfuric acid market has been segmented as follows:

  • Asia Pacific
  • North America
  • Western Europe
  • Central & Eastern Europe
  • Middle East & Africa 
  • South America

Recent Developments

  • In July 2022, Chemtrade Logistics Income Fund and Kanto Group announced a joint venture for the greenfield construction of a high-purity sulfuric acid plant. The companies will build a sulfuric acid plant in Arizona with an expected start-up in 2024.
  • In January 2022, BroadPeak Global LP, Asia Green Fund, and The Saudi Arabian Industrial Investments Company (Dussur) completed the transaction to purchase the Clean Technologies business of DuPont de Nemours, Inc. The new, independent company has been named Elessent Clean Technologies, Inc.
  • In July 2021, BASF, Zhejiang Jiahua Energy Chemical Industry Co. Ltd., and Zhejiang Jiafu New Material Technology Co. Ltd. signed an agreement to expand the production capacity of electronic-grade sulfuric acid in China.

Frequently Asked Questions (FAQ):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 28)
    1.1 STUDY OBJECTIVES
    1.2 MARKET DEFINITION
    1.3 MARKET SCOPE
           1.3.1 MARKET SEGMENTATION
                    FIGURE 1 SULFURIC ACID: MARKET SEGMENTATION
                    TABLE 1 MARKET SEGMENT, BY REGION
    1.4 INCLUSIONS & EXCLUSIONS
           1.4.1 SULFURIC ACID MARKET: INCLUSIONS & EXCLUSIONS
    1.5 YEARS CONSIDERED
    1.6 CURRENCY CONSIDERED
    1.7 UNIT CONSIDERED
    1.8 RESEARCH LIMITATIONS
    1.9 STAKEHOLDERS
    1.1 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 33)
    2.1 RESEARCH DATA
          FIGURE 2 SULFURIC ACID MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Breakdown of primary interviews
    2.2 MARKET SIZE ESTIMATION
           2.2.1 BOTTOM-UP APPROACH
                    FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
                    FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
                    FIGURE 5 METHODOLOGY FOR SUPPLY-SIDE SIZING OF SULFURIC ACID MARKET
                    2.2.2.1 Market size calculations: Supply-side analysis
           2.2.3 FORECAST
    2.3 GROWTH RATE ASSUMPTIONS/GROWTH FORECAST
    2.4 DATA TRIANGULATION
          FIGURE 6 SULFURIC ACID MARKET: DATA TRIANGULATION
    2.5 ASSUMPTIONS
    2.6 LIMITATIONS
    2.7 RISK ANALYSIS

3 EXECUTIVE SUMMARY (Page No. - 41)
    TABLE 2 SULFURIC ACID MARKET
    FIGURE 7 ELEMENTAL SULFUR SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD
    FIGURE 8 FERTILIZERS SEGMENT TO ACCOUNT FOR DOMINANT SHARE DURING FORECAST PERIOD
    FIGURE 9 ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF SULFURIC ACID MARKET IN 2021

4 PREMIUM INSIGHTS (Page No. - 45)
    4.1 SIGNIFICANT OPPORTUNITIES IN SULFURIC ACID MARKET
          FIGURE 10 SULFURIC ACID MARKET TO WITNESS MODERATE GROWTH BETWEEN 2022 AND 2027
    4.2 SULFURIC ACID MARKET, BY REGION
          FIGURE 11 ASIA PACIFIC TO GROW AT HIGHEST RATE BETWEEN 2022 AND 2027
    4.3 ASIA PACIFIC SULFURIC ACID MARKET, BY APPLICATION AND COUNTRY
          FIGURE 12 CHINA ACCOUNTS FOR LARGEST SHARE OF SULFURIC ACID MARKET IN ASIA PACIFIC
    4.4 SULFURIC ACID MARKET: MAJOR COUNTRIES
          FIGURE 13 SULFURIC ACID MARKET IN ASIA PACIFIC TO REGISTER HIGHEST CAGR BETWEEN 2022 AND 2027

5 MARKET OVERVIEW (Page No. - 47)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
          FIGURE 14 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN SULFURIC ACID MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Strong demand for sulfuric acid in various industries
                    5.2.1.2 Increased usage of sulfuric acid in agriculture sector
           5.2.2 RESTRAINTS
                    5.2.2.1 Restriction on use of sulfuric acid due to health and environmental concerns
                    5.2.2.2 High import duties and regulations on trade of sulfuric acid
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Increasing use of sulfuric acid in wastewater treatment
           5.2.4 CHALLENGES
                    5.2.4.1 Rapid increase in price
                    5.2.4.2 Difficulties associated with transportation
    5.3 PORTER’S FIVE FORCES ANALYSIS
          TABLE 3 SULFURIC ACID MARKET: PORTER’S FIVE FORCES ANALYSIS
          FIGURE 15 PORTER’S FIVE FORCES ANALYSIS: SULFURIC ACID MARKET
           5.3.1 THREAT OF NEW ENTRANTS
           5.3.2 THREAT OF SUBSTITUTES
           5.3.3 BARGAINING POWER OF BUYERS
           5.3.4 BARGAINING POWER OF SUPPLIERS
           5.3.5 INTENSITY OF COMPETITIVE RIVALRY

6 INDUSTRY TRENDS (Page No. - 54)
    6.1 VALUE CHAIN ANALYSIS
          FIGURE 16 SULFURIC ACID MARKET VALUE CHAIN
          FIGURE 17 SULFURIC ACID VALUE CHAIN: PLAYERS AT DIFFERENT NODES
    6.2 ECOSYSTEM MAPPING
          FIGURE 18 ECOSYSTEM OF SULFURIC ACID MARKET
          TABLE 4 SULFURIC ACID MARKET: ECOSYSTEM

7 SULFURIC ACID MARKET, BY RAW MATERIAL (Page No. - 56)
    7.1 INTRODUCTION
          FIGURE 19 ELEMENTAL SULFUR ACCOUNTS FOR LARGEST SHARE OF OVERALL MARKET
          TABLE 5 SULFURIC ACID MARKET, BY RAW MATERIAL, 2018–2020 (MILLION TONS)
          TABLE 6 SULFURIC ACID MARKET, BY RAW MATERIAL, 2021–2027 (MILLION TONS)
    7.2 ELEMENTAL SULFUR
    7.3 PYRITE ORE
    7.4 BASE METAL SMELTERS
    7.5 OTHERS

8 SULFURIC ACID MARKET, BY APPLICATION (Page No. - 60)
    8.1 INTRODUCTION
          FIGURE 20 FERTILIZERS TO BE LARGEST APPLICATION OF SULFURIC ACID
          TABLE 7 SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
          TABLE 8 SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
          TABLE 9 SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
          TABLE 10 SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
    8.2 FERTILIZERS
           8.2.1 GROWTH IN PRODUCTION OF FOOD GRAINS IN KEY COUNTRIES TO ENHANCE DEMAND
                    TABLE 11 FERTILIZERS: SULFURIC ACID MARKET, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 12 FERTILIZERS: SULFURIC ACID MARKET, BY REGION, 2021–2027 (USD MILLION)
                    TABLE 13 FERTILIZERS: SULFURIC ACID MARKET, BY REGION, 2018–2020 (MILLION TONS)
                    TABLE 14 FERTILIZERS: SULFURIC ACID MARKET, BY REGION, 2021–2027 (MILLION TONS)
    8.3 METAL PROCESSING
           8.3.1 GROWING DEMAND FOR IRON & STEEL TO DRIVE MARKET
                    TABLE 15 METAL PROCESSING: SULFURIC ACID MARKET, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 16 METAL PROCESSING: SULFURIC ACID MARKET, BY REGION, 2021–2027 (USD MILLION)
                    TABLE 17 METAL PROCESSING: SULFURIC ACID MARKET, BY REGION, 2018–2020 (MILLION TONS)
                    TABLE 18 METAL PROCESSING: SULFURIC ACID MARKET, BY REGION, 2021–2027 (MILLION TONS)
    8.4 PULP & PAPER
           8.4.1 GROWING DEMAND FOR PAPER TO ENHANCE DEMAND FOR SULFURIC ACID
                    TABLE 19 PULP & PAPER: SULFURIC ACID MARKET, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 20 PULP & PAPER: SULFURIC ACID MARKET, BY REGION, 2021–2027 (USD MILLION)
                    TABLE 21 PULP & PAPER: SULFURIC ACID MARKET, BY REGION, 2018–2020 (MILLION TON)
                    TABLE 22 PULP & PAPER: SULFURIC ACID MARKET, BY REGION, 2021–2027 (MILLION TON)
    8.5 PETROLEUM REFINING
           8.5.1 GROWTH IN DEMAND FOR DIESEL FUEL AND KEROSENE DRIVING PETROLEUM REFINING
                    TABLE 23 PETROLEUM REFINING: SULFURIC ACID MARKET, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 24 PETROLEUM REFINING: SULFURIC ACID MARKET, BY REGION, 2021–2027 (USD MILLION)
                    TABLE 25 PETROLEUM REFINING: SULFURIC ACID MARKET, BY REGION, 2018–2020 (MILLION TONS)
                    TABLE 26 PETROLEUM REFINING: SULFURIC ACID MARKET, BY REGION, 2021–2027 (MILLION TONS)
    8.6 TEXTILE INDUSTRY
           8.6.1 GROWING AWARENESS REGARDING HIGH-QUALITY AND BRANDED FABRICS TO DRIVE DEMAND
                    TABLE 27 TEXTILE INDUSTRY: SULFURIC ACID MARKET, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 28 TEXTILE INDUSTRY: SULFURIC ACID MARKET, BY REGION, 2021–2027 (USD MILLION)
                    TABLE 29 TEXTILE INDUSTRY: SULFURIC ACID MARKET, BY REGION, 2018–2020 (MILLION TONS)
                    TABLE 30 TEXTILE INDUSTRY: SULFURIC ACID MARKET, BY REGION, 2021–2027 (MILLION TONS)
    8.7 AUTOMOTIVE
           8.7.1 GROWING PRODUCTION OF MOTOR VEHICLES IN ASIA PACIFIC TO PROPEL DEMAND
                    TABLE 31 AUTOMOTIVE: SULFURIC ACID MARKET, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 32 AUTOMOTIVE: SULFURIC ACID MARKET, BY REGION, 2021–2027 (USD MILLION)
                    TABLE 33 AUTOMOTIVE: SULFURIC ACID MARKET, BY REGION, 2018–2020 (MILLION TONS)
                    TABLE 34 AUTOMOTIVE: SULFURIC ACID MARKET, BY REGION, 2021–2027 (MILLION TONS)
    8.8 CHEMICAL MANUFACTURING
           8.8.1 ASIA PACIFIC TO DOMINATE SULFURIC ACID MARKET
                    TABLE 35 CHEMICAL MANUFACTURING: SULFURIC ACID MARKET, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 36 CHEMICAL MANUFACTURING: SULFURIC ACID MARKET, BY REGION, 2021–2027 (USD MILLION)
                    TABLE 37 CHEMICAL MANUFACTURING: SULFURIC ACID MARKET, BY REGION, 2018–2020 (MILLION TONS)
                    TABLE 38 CHEMICAL MANUFACTURING: SULFURIC ACID MARKET, BY REGION, 2021–2027 (MILLION TONS)
    8.9 OTHERS
          TABLE 39 OTHER APPLICATIONS: SULFURIC ACID MARKET, BY REGION, 2018–2020 (USD MILLION)
          TABLE 40 OTHER APPLICATIONS: SULFURIC ACID MARKET, BY REGION, 2021–2027 (USD MILLION)
          TABLE 41 OTHER APPLICATIONS: SULFURIC ACID MARKET, BY REGION, 2018–2020 (MILLION TONS)
          TABLE 42 OTHER APPLICATIONS: SULFURIC ACID MARKET, BY REGION, 2021–2027 (MILLION TONS)

9 SULFURIC ACID MARKET, BY REGION (Page No. - 77)
    9.1 INTRODUCTION
          FIGURE 21 ASIA PACIFIC TO BE LARGEST SULFURIC ACID MARKET DURING FORECAST PERIOD
          TABLE 43 SULFURIC ACID MARKET, BY REGION, 2018–2020 (USD MILLION)
          TABLE 44 SULFURIC ACID MARKET, BY REGION, 2021–2027 (USD MILLION)
          TABLE 45 SULFURIC ACID MARKET, BY REGION, 2018–2020 (MILLION TONS)
          TABLE 46 SULFURIC ACID MARKET, BY REGION, 2021–2027 (MILLION TONS)
    9.2 NORTH AMERICA
          FIGURE 22 US TO BE LARGEST MARKET IN NORTH AMERICA DURING FORECAST PERIOD
          TABLE 47 NORTH AMERICA: SULFURIC ACID MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
          TABLE 48 NORTH AMERICA: SULFURIC ACID MARKET, BY COUNTRY, 2021–2027 (USD MILLION)
          TABLE 49 NORTH AMERICA: SULFURIC ACID MARKET, BY COUNTRY, 2018–2020 (MILLION TONS)
          TABLE 50 NORTH AMERICA: SULFURIC ACID MARKET, BY COUNTRY, 2021–2027 (MILLION TONS)
          TABLE 51 NORTH AMERICA: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
          TABLE 52 NORTH AMERICA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
          TABLE 53 NORTH AMERICA: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
          TABLE 54 NORTH AMERICA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
           9.2.1 US
                    9.2.1.1 Increased recovery of elemental sulfur from petroleum refineries to drive market
                                TABLE 55 US: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
                                TABLE 56 US: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
                                TABLE 57 US: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                                TABLE 58 US: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
           9.2.2 CANADA
                    9.2.2.1 Rising demand for technologically advanced electronic devices to fuel market
                                TABLE 59 CANADA: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                                TABLE 60 CANADA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
                                TABLE 61 CANADA: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
                                TABLE 62 CANADA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
           9.2.3 MEXICO
                    9.2.3.1 Growing usage of sulfur fertilizers to increase consumption of sulfuric acid
                                TABLE 63 MEXICO: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                                TABLE 64 MEXICO: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
                                TABLE 65 MEXICO: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
                                TABLE 66 MEXICO: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
    9.3 ASIA PACIFIC
          FIGURE 23 CHINA TO BE LARGEST MARKET IN ASIA PACIFIC DURING FORECAST PERIOD
          TABLE 67 ASIA PACIFIC: SULFURIC ACID MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
          TABLE 68 ASIA PACIFIC: SULFURIC ACID MARKET, BY COUNTRY, 2021–2027 (USD MILLION)
          TABLE 69 ASIA PACIFIC: SULFURIC ACID MARKET, BY COUNTRY, 2018–2020 (MILLION TONS)
          TABLE 70 ASIA PACIFIC: SULFURIC ACID MARKET, BY COUNTRY, 2021–2027 (MILLION TONS)
          TABLE 71 ASIA PACIFIC: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
          TABLE 72 ASIA PACIFIC: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
          TABLE 73 ASIA PACIFIC: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
          TABLE 74 ASIA PACIFIC: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
           9.3.1 CHINA
                    9.3.1.1 Fertilizers segment to dominate sulfuric acid market
                                TABLE 75 CHINA: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                                TABLE 76 CHINA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
                                TABLE 77 CHINA: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
                                TABLE 78 CHINA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
           9.3.2 INDIA
                    9.3.2.1 High demand for fertilizers to enhance demand for sulfuric acid
                                TABLE 79 INDIA: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                                TABLE 80 INDIA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
                                TABLE 81 INDIA: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
                                TABLE 82 INDIA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
           9.3.3 JAPAN
                    9.3.3.1 Presence of large number of base metal smelters to support market growth
                                TABLE 83 JAPAN: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                                TABLE 84 JAPAN: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
                                TABLE 85 JAPAN: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
                                TABLE 86 JAPAN: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
           9.3.4 SOUTH KOREA
                    9.3.4.1 Growing electronic and semiconductor industries to stimulate demand
                                TABLE 87 SOUTH KOREA: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                                TABLE 88 SOUTH KOREA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
                                TABLE 89 SOUTH KOREA: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
                                TABLE 90 SOUTH KOREA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
           9.3.5 INDONESIA
                    9.3.5.1 Large-scale production of rice crop to propel growth
                                TABLE 91 INDONESIA: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                                TABLE 92 INDONESIA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
                                TABLE 93 INDONESIA: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
                                TABLE 94 INDONESIA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
           9.3.6 REST OF ASIA PACIFIC
                    TABLE 95 REST OF ASIA PACIFIC: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                    TABLE 96 REST OF ASIA PACIFIC: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
                    TABLE 97 REST OF ASIA PACIFIC: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
                    TABLE 98 REST OF ASIA PACIFIC: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
    9.4 WESTERN EUROPE
          TABLE 99 WESTERN EUROPE: SULFURIC ACID MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
          TABLE 100 WESTERN EUROPE: SULFURIC ACID MARKET, BY COUNTRY, 2021–2027 (USD MILLION)
          TABLE 101 WESTERN EUROPE: SULFURIC ACID MARKET, BY COUNTRY, 2018–2020 (MILLION TONS)
          TABLE 102 WESTERN EUROPE: SULFURIC ACID MARKET, BY COUNTRY, 2021–2027 (MILLION TONS)
          TABLE 103 WESTERN EUROPE: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
          TABLE 104 WESTERN EUROPE: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
          TABLE 105 WESTERN EUROPE: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
          TABLE 106 WESTERN EUROPE: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
           9.4.1 GERMANY
                    9.4.1.1 Reduction in natural availability of sulfur in soils to promote use of sulfur fertilizers
                                TABLE 107 GERMANY: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                                TABLE 108 GERMANY: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
                                TABLE 109 GERMANY: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
                                TABLE 110 GERMANY: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
           9.4.2 SPAIN
                    9.4.2.1 Government initiatives to enhance agricultural production to drive demand
                                TABLE 111 SPAIN: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                                TABLE 112 SPAIN: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
                                TABLE 113 SPAIN: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
                                TABLE 114 SPAIN: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
           9.4.3 ITALY
                    9.4.3.1 Growing production of motor vehicles to support market growth
                                TABLE 115 ITALY: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                                TABLE 116 ITALY: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
                                TABLE 117 ITALY: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
                                TABLE 118 ITALY: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
           9.4.4 UK
                    9.4.4.1 Growing textile industry to boost consumption of sulfuric acid
                                TABLE 119 UK: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                                TABLE 120 UK: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
                                TABLE 121 UK: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
                                TABLE 122 UK: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
           9.4.5 FRANCE
                    9.4.5.1 Developments in automotive, chemical manufacturing, and metal ore processing to drive market
                                TABLE 123 FRANCE: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                                TABLE 124 FRANCE: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
                                TABLE 125 FRANCE: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
                                TABLE 126 FRANCE: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
           9.4.6 REST OF WESTERN EUROPE
                    TABLE 127 REST OF WESTERN EUROPE: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                    TABLE 128 REST OF WESTERN EUROPE: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
                    TABLE 129 REST OF WESTERN EUROPE: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
                    TABLE 130 REST OF WESTERN EUROPE: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
    9.5 CENTRAL & EASTERN EUROPE
          TABLE 131 CENTRAL & EASTERN EUROPE: SULFURIC ACID MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
          TABLE 132 CENTRAL & EASTERN EUROPE: SULFURIC ACID MARKET, BY COUNTRY, 2021–2027 (USD MILLION)
          TABLE 133 CENTRAL & EASTERN EUROPE: SULFURIC ACID MARKET, BY COUNTRY, 2018–2020 (MILLION TONS)
          TABLE 134 CENTRAL & EASTERN EUROPE: SULFURIC ACID MARKET, BY COUNTRY, 2021–2027 (MILLION TONS)
          TABLE 135 CENTRAL & EASTERN EUROPE: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
          TABLE 136 CENTRAL & EASTERN EUROPE: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
          TABLE 137 CENTRAL & EASTERN EUROPE: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
          TABLE 138 CENTRAL & EASTERN EUROPE: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
           9.5.1 RUSSIA
                    9.5.1.1 Large production of crude oil to fuel growth
                                TABLE 139 RUSSIA: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                                TABLE 140 RUSSIA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
                                TABLE 141 RUSSIA: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
                                TABLE 142 RUSSIA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
           9.5.2 TURKEY
                    9.5.2.1 Growth in chemical manufacturing sector to propel demand
                                TABLE 143 TURKEY: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                                TABLE 144 TURKEY: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
                                TABLE 145 TURKEY: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
                                TABLE 146 TURKEY: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
           9.5.3 REST OF CENTRAL & EASTERN EUROPE
                    TABLE 147 REST OF CENTRAL & EASTERN EUROPE: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                    TABLE 148 REST OF CENTRAL & EASTERN EUROPE: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
                    TABLE 149 REST OF CENTRAL & EASTERN EUROPE: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
                    TABLE 150 REST OF CENTRAL & EASTERN EUROPE: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
    9.6 MIDDLE EAST & AFRICA
          FIGURE 24 MIDDLE EAST & AFRICA: SULFURIC ACID MARKET SNAPSHOT
          TABLE 151 MIDDLE EAST & AFRICA: SULFURIC ACID MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
          TABLE 152 MIDDLE EAST & AFRICA: SULFURIC ACID MARKET, BY COUNTRY, 2021–2027 (USD MILLION)
          TABLE 153 MIDDLE EAST & AFRICA: SULFURIC ACID MARKET, BY COUNTRY, 2018–2020 (MILLION TONS)
          TABLE 154 MIDDLE EAST & AFRICA: SULFURIC ACID MARKET, BY COUNTRY, 2021–2027 (MILLION TONS)
          TABLE 155 MIDDLE EAST & AFRICA: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
          TABLE 156 MIDDLE EAST & AFRICA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
          TABLE 157 MIDDLE EAST & AFRICA: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
          TABLE 158 MIDDLE EAST & AFRICA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
           9.6.1 SAUDI ARABIA
                    9.6.1.1 Presence of numerous petroleum refineries to fuel demand
                                TABLE 159 SAUDI ARABIA: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                                TABLE 160 SAUDI ARABIA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
                                TABLE 161 SAUDI ARABIA: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
                                TABLE 162 SAUDI ARABIA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
           9.6.2 MOROCCO
                    9.6.2.1 Production of phosphate fertilizers to boost demand
                                TABLE 163 MOROCCO: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                                TABLE 164 MOROCCO: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
                                TABLE 165 MOROCCO: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
                                TABLE 166 MOROCCO: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
           9.6.3 UAE
                    9.6.3.1 Presence of large number of crude oil refineries to fuel demand
                                TABLE 167 UAE: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                                TABLE 168 UAE: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
                                TABLE 169 UAE: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
                                TABLE 170 UAE: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
           9.6.4 REST OF MIDDLE EAST & AFRICA
                    TABLE 171 REST OF MIDDLE EAST & AFRICA: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                    TABLE 172 REST OF MIDDLE EAST & AFRICA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
                    TABLE 173 REST OF MIDDLE EAST & AFRICA: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
                    TABLE 174 REST OF MIDDLE EAST & AFRICA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
    9.7 SOUTH AMERICA
          TABLE 175 SOUTH AMERICA: SULFURIC ACID MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
          TABLE 176 SOUTH AMERICA: SULFURIC ACID MARKET, BY COUNTRY, 2021–2027 (USD MILLION)
          TABLE 177 SOUTH AMERICA: SULFURIC ACID MARKET, BY COUNTRY, 2018–2020 (MILLION TONS)
          TABLE 178 SOUTH AMERICA: SULFURIC ACID MARKET, BY COUNTRY, 2021–2027 (MILLION TONS)
          TABLE 179 SOUTH AMERICA: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
          TABLE 180 SOUTH AMERICA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
          TABLE 181 SOUTH AMERICA: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
          TABLE 182 SOUTH AMERICA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
           9.7.1 BRAZIL
                    9.7.1.1 High demand for fertilizers due to strong agricultural activity to boost demand
                                TABLE 183 BRAZIL: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                                TABLE 184 BRAZIL: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
                                TABLE 185 BRAZIL: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
                                TABLE 186 BRAZIL: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
           9.7.2 CHILE
                    9.7.2.1 Growth of metal processing boosted by declining metal ore prices to fuel growth
                                TABLE 187 CHILE: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                                TABLE 188 CHILE: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
                                TABLE 189 CHILE: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
                                TABLE 190 CHILE: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
           9.7.3 ARGENTINA
                    9.7.3.1 Growth in mining and quarrying activities to propel demand
                                TABLE 191 ARGENTINA: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                                TABLE 192 ARGENTINA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
                                TABLE 193 ARGENTINA: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
                                TABLE 194 ARGENTINA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)
           9.7.4 REST OF SOUTH AMERICA
                    TABLE 195 REST OF SOUTH AMERICA: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                    TABLE 196 REST OF SOUTH AMERICA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
                    TABLE 197 REST OF SOUTH AMERICA: SULFURIC ACID MARKET, BY APPLICATION, 2018–2020 (MILLION TONS)
                    TABLE 198 REST OF SOUTH AMERICA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2027 (MILLION TONS)

10 COMPETITIVE LANDSCAPE (Page No. - 153)
     10.1 OVERVIEW
             TABLE 199 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS
     10.2 MARKET SHARE ANALYSIS
             10.2.1 MARKET SHARE ANALYSIS OF KEY PLAYERS
                        TABLE 200 SULFURIC ACID MARKET: DEGREE OF COMPETITION
                        FIGURE 25 REVENUE ANALYSIS OF TOP 5 PLAYERS IN SULFURIC ACID MARKET, 2017–2021
     10.3 KEY MARKET DEVELOPMENTS
             TABLE 201 SULFURIC ACID MARKET: DEALS, 2020–2022
             TABLE 202 SULFURIC ACID MARKET: OTHERS, 2020–2022
     10.4 COMPANY EVALUATION QUADRANT MATRIX DEFINITION AND METHODOLOGY, 2021
             10.4.1 STARS
             10.4.2 EMERGING LEADERS
             10.4.3 PERVASIVE PLAYERS
             10.4.4 PARTICIPANTS
                        FIGURE 26 SULFURIC ACID MARKET: COMPETITIVE LANDSCAPE MAPPING, 2021

11 COMPANY PROFILES (Page No. - 159)
     11.1 KEY PLAYERS
(Business Overview, Products Offered, Recent Developments, Deals, MnM view, Key strengths/right to win, Strategic choices made, Weakness/competitive threats)*
             11.1.1 THE MOSAIC COMPANY
                        TABLE 203 THE MOSAIC COMPANY: COMPANY OVERVIEW
                        FIGURE 27 THE MOSAIC COMPANY: COMPANY SNAPSHOT
             11.1.2 BASF SE
                        TABLE 204 BASF SE: COMPANY OVERVIEW
                        FIGURE 28 BASF SE: COMPANY SNAPSHOT
             11.1.3 OCP GROUP
                        TABLE 205 OCP GROUP: COMPANY OVERVIEW
                        FIGURE 29 OCP GROUP: COMPANY SNAPSHOT
             11.1.4 CHEMTRADE LOGISTICS INCOME FUND
                        TABLE 206 CHEMTRADE LOGISTICS INCOME FUND: COMPANY OVERVIEW
                        FIGURE 30 CHEMTRADE LOGISTICS INCOME FUND: COMPANY SNAPSHOT
             11.1.5 PHOSAGRO
                        TABLE 207 PHOSAGRO: COMPANY OVERVIEW
                        FIGURE 31 PHOSAGRO: COMPANY SNAPSHOT
             11.1.6 NOURYON
                        TABLE 208 NOURYON: COMPANY OVERVIEW
                        FIGURE 32 NOURYON: COMPANY SNAPSHOT
             11.1.7 AURUBIS AG
                        TABLE 209 AURUBIS AG: COMPANY OVERVIEW
                        FIGURE 33 AURUBIS AG: COMPANY SNAPSHOT
             11.1.8 KMG CHEMICALS, INC.
                        TABLE 210 KMG CHEMICALS, INC.: COMPANY OVERVIEW
             11.1.9 QATAR ACIDS COMPANY
                        TABLE 211 QATAR ACIDS COMPANY: COMPANY OVERVIEW
             11.1.10 LANXESS AG
                        TABLE 212 LANXESS AG: COMPANY OVERVIEW
                        FIGURE 34 LANXESS AG: COMPANY SNAPSHOT
             11.1.11 PVS CHEMICALS, INC.
                        TABLE 213 PVS CHEMICALS, INC.: COMPANY OVERVIEW
             11.1.12 ELESSENT CLEAN TECHNOLOGIES, INC.
                        TABLE 214 ELESSENT CLEAN TECHNOLOGIES: COMPANY OVERVIEW
             11.1.13 MITSUBISHI SHOJI CHEMICAL CORPORATION
                        TABLE 215 MITSUBISHI SHOJI CHEMICAL CORPORATION: COMPANY OVERVIEW
     11.2 OTHER PLAYERS
             11.2.1 WEYLCHEM GROUP OF COMPANIES
             11.2.2 GROUPE CHIMIQUE TUNISIEN SA (GCT)
             11.2.3 PETROPERU SA
             11.2.4 ΑCIDOS Y MINERALES DE VENEZUELA
             11.2.5 INDUSTRIAS BASICAS DE CALDAS
             11.2.6 NANJING KAPSOM ENGINEERING LIMITED
             11.2.7 NUTRIEN AG SOLUTIONS, INC.

*Details on Business Overview, Products Offered, Recent Developments, Deals, MnM view, Key strengths/right to win, Strategic choices made, Weakness/competitive threats might not be captured in case of unlisted companies.

12 ADJACENT AND RELATED MARKETS (Page No. - 188)
     12.1 INTRODUCTION
     12.2 LIMITATIONS
     12.3 SULFURIC ACID INTERCONNECTED MARKETS
             12.3.1 ELECTRONIC GRADE SULFURIC ACID MARKET
                        12.3.1.1 Market definition
                        12.3.1.2 Market overview
                        12.3.1.3 Electronic grade sulfuric acid market, by grade
                                     12.3.1.3.1 PPT (Parts per trillion)
                                     12.3.1.3.2 PPB (Parts per billion)
                                                     TABLE 216 ELECTRONIC GRADE SULFURIC ACID MARKET SIZE, BY GRADE, 2017–2024 (USD MILLION)
             12.3.2 SULFUR FERTILIZERS MARKET
                        12.3.2.1 Market definition
                        12.3.2.2 Market overview
                        12.3.2.3 Sulfur fertilizers market, by form
                                     12.3.2.3.1 Liquid
                                     12.3.2.3.2 Dry
                                                     TABLE 217 SULFUR FERTILIZERS MARKET SIZE, BY FORM, 2018–2025 (USD MILLION)

13 APPENDIX (Page No. - 191)
     13.1 DISCUSSION GUIDE
     13.2 KNOWLEDGESTORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
     13.3 CUSTOMIZATION OPTIONS
     13.4 RELATED REPORTS
     13.5 AUTHOR DETAILS

The study involved four major activities in estimating the current size of the sulfuric acid market. Exhaustive secondary research was done to collect information on the market, peer markets, and parent market. The next step was to validate these findings, assumptions, and sizing with the industry experts across the sulfuric acid value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

Secondary Research

Secondary sources for this research study include annual reports; press releases, and investor presentations of companies; white papers; certified publications; and articles by recognized authors, gold- and silver-standard websites, sulfuric acid manufacturing companies, regulatory bodies, trade directories, and databases. The secondary research was mainly used to obtain key information about the industry’s supply chain, the total pool of key players, market classification, and segmentation according to industry trends to the bottom-most level and regional markets. It has also been used to obtain information about key developments from a market-oriented perspective.

Primary Research

The sulfuric acid market comprises several stakeholders, such as raw material suppliers, processors, end-use industries, and regulatory organizations in the supply chain. The demand side of the market is characterized by the presence of sulfuric acid manufacturers, importers/exporters, and manufacturers engaged in the production of various products. The supply side is characterized by key technology providers for sulfuric acid, end-users, researchers, and service providers.

In the primary research process, various primary sources from the supply and demand sides of the market have been interviewed to obtain qualitative and quantitative information. The primary interviewees from the demand side included key opinion leaders, executives, vice presidents, and CEOs of manufacturing companies. The primary sources from the supply side included research institutions involved in R&D activities to introduce new technologies, key opinion leaders, distributors, and sulfuric acid manufacturing companies.

Sulfuric Acid Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches have been used to estimate and validate the total size of the sulfuric acid market. These approaches have also been used extensively to estimate the size of various dependent subsegments of the market. The research methodology used to estimate the market size included the following:

The following segments provide details about the overall market size estimation process employed in this study

  • The key players in the market were identified through secondary research.
  • The market shares in the respective regions were identified through primary and secondary research.
  • The value chain and market size of the sulfuric acid market, in terms of value and volume, were determined through primary and secondary research.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
  • The research included the study of annual and financial reports of the top market players and interviews with industry experts, such as CEOs, VPs, directors, sales managers, and marketing executives, for key insights, both quantitative and qualitative.

Global Sulfuric acid Market Size: Bottom-Up Approach

Sulfuric Acid Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Data Triangulation

After arriving at the overall market size from the estimation process explained below, the total market was split into several segments and subsegments. The data triangulation and market breakdown procedures were employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments. The data was triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market was validated using both the top-down and bottom-up approaches.

Report Objectives

Market Intelligence

  • To analyze and forecast the size of the sulfuric acid market in terms of value and volume
  • To define, describe, and forecast the market size by raw material, application, and region
  • To forecast the market size with respect to six main regions, namely, North America, Western Europe, Central & Eastern Europe, Asia Pacific, the Middle East & Africa, and South America
  • To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
  • To strategically analyze the market segments with respect to individual growth trends, prospects, and their contribution to the market
  • To analyze the opportunities in the market for stakeholders and provide a competitive landscape for market leaders
  • To analyze competitive developments, such as product launches, joint ventures and expansions in the sulfuric acid market

Competitive Intelligence

  • To identify and profile the key players in the sulfuric acid market
  • To determine the top players offering various products in the sulfuric acid market
  • To provide a comparative analysis of the market leaders based on the following:
  • Product offerings
  • Business strategies
  • Strengths and weaknesses
  • Key financials
  • To understand the competitive landscape of the market and identify the key growth strategies adopted by the leading players across key regions

Available Customizations

MarketsandMarkets offers the following customizations for this market report:

  • Product matrix, which gives a detailed comparison of the product portfolio of each company
Report Code
CH 1518
Published ON
Sep, 2022
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Sulfuric Acid Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2022 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status Website Feedback