Sulfuric Acid Market Size By Application, By Geographic Scope And Forecast


Posted April 24, 2020 by jennysmith

Sulfuric Acid Market was valued at USD 9.41 Billion in 2018 and is projected to reach USD 11.32 Billion by 2026, growing at a CAGR of 2.7% from 2019 to 2026.

 
Sulfuric Acid Market Size And Forecast
The latest survey on Global Sulfuric Acid Market is conducted covering various organizations of the industry from different geographies to come up with a 100+ page report. The study is a perfect mix of qualitative and quantitative information highlighting key market developments, challenges that industry and competition are facing along with gap analysis and new opportunities available and trend in the Sulfuric Acid Market. The report aims to present the analysis of the Global Sulfuric Acid Market By Application, By Region – North America, Europe, South America, Asia-Pacific, Middle East, and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities.

According to Verified Market Research, Global Sulfuric Acid Market was valued at USD 9.41 Billion in 2018 and is projected to reach USD 11.32 Billion by 2026, growing at a CAGR of 2.7% from 2019 to 2026.

What is Sulfuric Acid?
Sulfuric acid is a colorless, oily, corrosive liquid prepared by the Contact process using sulfur dioxide and oxygen. It is a strong acid and is completely soluble in water. The acid is one of the most widely used industrial chemicals and is used to manufacture explosives, dyes, fertilizers, detergents, and others. Moreover, it is also used as an electrolyte in lead-acid storage batteries.

Get | Download Sample Report @ – https://www.verifiedmarketresearch.com/download-sample/?rid=21410&utm_source=Free&utm_medium=004

Global Sulfuric Acid Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

Rising agricultural activities have raised the demand for synthetic fertilizers and it has further boosted the demand for sulfuric acid from the fertilizer manufacturing industries. Growing demand for lead-acid storage batteries as compared to lithium-ion batteries as the former is easily recyclable and therefore fueling the demand for sulfuric acid. However, sulfuric acid causes severe burn injuries and damage to skin and eyes and therefore it might limit its use. Also, the use of sulfuric acid has to face several environmental regulations and it could affect market growth.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Sulfuric Acid Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Global Sulfuric Acid Market Competitive Landscape
The “Global Sulfuric Acid Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as – BASF SE, Akzonobel N.V., Ineos Enterprises, Limited, The Mosaic Company, Potashcorp, Aurubis, PVS Chemicals, Inc., OCP Group. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Sulfuric Acid Market, By Application
• Fertilizers
• Automotive
• Petroleum Refining
• Pulp & Paper
• Textile
• Others

Sulfuric Acid Market, By Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World

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Issued By VMR
Country United States
Categories Business
Tags sulfuric acid market
Last Updated April 24, 2020