Sulfuric Acid Market research report by Forecast TO 2022


Posted November 21, 2018 by MoinPatni

To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market

 
Sulfuric Acid Market
Sulfuric Acid Market Highlight:
Sulfuric Acid is a mineral acid and is one of the largest volume industrial chemical produced across the globe. Fertilizer production, especially phosphate fertilizer from wet-process sulphuric acid, is the major end use market fort sulfuric acid. The major application area of sulphuric acid covers fertilizers, chemical manufacturing, refinery, textile, pulp & paper manufacturing, metal processing and others.
Sulfuric Acid is a strong mineral acid. It is Soluble in water at all concentrations. Sulfuric acid has many applications and is top a products of the chemical industry. World production in 2011 was 168 Million tonnes, with an approximate value of USD 10 Billion. Principal uses include ore processing, fertilizer manufacturing, oil refining, wastewater processing, and chemical synthesis.
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Sulfuric Acid Market Key Players:
Sulfuric Acid Key Players in Market Includes: Agrium, Akzo Nobel, Bayer, Bp, Chevron, Cytec Industries, Dupont, Evonik Industries, Honeywell, Solvay and among others are some of the prominent players at the forefront of competition in the Global Sulfuric Acid Market and are profiled in MRFR Analysis.
Sulfuric Acid Market Regional Analysis:
APAC will be the ruling market for global Sulfuric Acid, accounting for USD Billion and is expected to grow over $ Billion by 2022 followed by North-America and Europe. With rise in development of emerging economies can cause countries like China, India, and Brazil to contribute more amount of share in this market.
North America, Europe and Row are the growing market for Global Sulfuric Acid Market and are expected to grow at CAGR of % respectively from 2018 to 2022.
Study Objectives of Sulfuric Acid Market:
To study detail of Global Sulfuric Acid market by type, by end-use and by region in forecasted period 2022.
To identify the market dynamics of Sulfuric Acid market dynamics by drivers, restrains, opportunities and challenges.
To analyze various factors like Value chain analysis and porters five forces model.
To provide historical and forecast revenue of market segment with respect to APAC, North America, Europe, and RoW.
To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
To track mergers and acquisitions, strategic alliances, new product development of each applicant Sulfuric Acid market.
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Sulfuric Acid Market Application:
Sulfuric Acid is a mineral acid and is one of the largest volume industrial chemical produced across the globe. Fertilizer production, especially phosphate fertilizer from wet-process sulphuric acid, is the major end use market fort sulfuric acid. The major application area of sulphuric acid covers fertilizers, chemical manufacturing, refinery, textile, pulp & paper manufacturing, metal processing and others.
Sulfuric Acid is produced in the world than any other chemical. Over 40 Million tons of sulfuric acid is manufactured annually in the U.S. Sulfuric acid is utilized in the production of fertilizers, explosives, petroleum products, detergents, dyes, insecticides, drugs, plastics, steel, storage batteries, and many other materials. The largest amount of sulfuric acid is used in the production of phosphate fertilizers. In this process calcium phosphate, Ca3(PO4)2, in phosphate rock, which cannot be used by plants because of its insolubility in groundwater, is converted to forms that will dissolve in water, thus making the phosphate available to plants.
Sulfuric Acid is growing due to automotive industry. Increasing demand for sulfuric based fertilizers is expected to assist the global market growth. Growing demand for chemicals from major end-use industries is touted to bolster the global sulfuric acid market growth over the forecast period. The global demand for sulfuric is expected to witness an annual growth rate of over approximately 6.2%. Industrial cleaning agent industry is one of the major user sulfuric acid users, therefore industrial cleaning agents is likely to aid the global market growth.
Sulfuric Acid Market Competitive Landscape:
Sulfuric Acid Market is highly concentrated as well fairly competitive in nature. The key industry participants operating in this market are Agrium, Akzo Nobel, Bayer, BP, Chevron, Cytec Industries, Dupont, Evonik Industries, Honeywell and Solvay. The major companies in this market are seen adopting collective market strategies to such as mergers, acquisition and joint-ventures in order to consolidate their product portfolio and to strengthen their market presence. Several production capacity expansion has also witnessed across the various developed markets to strengthen market penetration into emerging markets and exploit untapped markets. The overall effect of market competition observed in global sulphuric acid market is observed as high and is expected to get even higher due consistent increase in the production activities.
Sulfuric Acid Market Table of Content:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat of New Entrants
4.1.2 Bargaining Power of Buyers
4.1.3 Threat of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain of Global Sulfuric Acid Market
5 Industry Overview of Global Sulfuric Acid Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
5.5 Impact Analysis
Sulfuric Acid Market Table of Content to be Continue……,
Complete List of Tables and Figures # https://www.marketresearchfuture.com/reports/sulfuric-acid-market-2037
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Issued By Moin Patni
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Business Address Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India
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Tags sulfuric acid , sulfuric acid market
Last Updated November 21, 2018