Sulphuric Acid Market Opportunities, Drivers, Manufacturers, Analysis and Forecasts Till 2025

Posted July 2, 2018 by ratandasgupta

The report begins with the overview of Industry structure, and describes industry environment, then analyses market size, share and forecast.

The term Sulphuric acid, also known by various other names such as Sulfuric acid, Oil of vitriol, Dihydrogen sulfate, and Mattling acid, is an inorganic chemical having the molecular formula H2SO4 or H2O4S and molecular weight 98.072 g/mol. It is a colorless, odorless, and oily liquid with an acidic taste. While it is soluble in water and alcohol, it generates considerable heat and contracts in volume. On the other hand, Sulphuric acid chars wood and is corrosive to tissue and metals. It has a boiling point of 554-00b0F at 760 mm Hg or 337-00b0C and melting point of 50.65-00b0F or 10.31-00b0C. It has a density of 1.39 at 68-00b0F or 1.8302 g/cu cm and vapor pressure of 1 mm Hg at 294.8-00b0F or 0.001 mm Hg. The decomposition of Sulphuric acid results in the emission of toxic fumes of sulfur oxides.

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The Sulphuric acid market has witnessed steady growth rate during the last few years on account-of its importance as an industrial chemical. It plays a role in the manufacturing of nearly all goods and products ranging from fertilizers, pharmaceuticals, steel, cellulose fibers, and batteries, to detergents, leather, paper, jet fuel, kerosene, other chemicals, and paints. As a result, the per annum production of Sulphuric acid is higher than that of any other manufactured chemical. Hence, it is also sometimes called the -2018King of Chemicals-2019. Meanwhile, the harmful effects of Sulphuric acid on humans act as a major restraint on the market. Exposure to Sulphuric acid can cause skin burns and severe eye damage. The toxic fumes emitted by its decomposition also harm the environment. As a result, governments have imposed strict regulations on the use of Sulphuric acid to safeguard humans and the environment.

Top Key Players:-
• Oxbow Corporation
• BASF SE, AkzoNobel N.V.
• E. I. du Pont de Nemours and Company
• Trident Group, Hindalco Industries Limited
• Boliden Group
• Southern States Chemical
• Huntsman Corporation
• Lanxess Group

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The report provides forecast and analysis of the global Sulphuric acid market. It provides market overview of global Sulphuric acid market in terms of revenue (in US$ Mn). Furthermore, the report includes drivers, restraints, trends, and opportunity of the Sulphuric acid market and their impact on each country during the forecast period.
The study also provides information for recent merger and acquisition deals happened in the market. Moreover, the report includes growth strategies and entry barriers to be considered to cater to the exact business opportunities in this market. Additionally, to aid in strategic decision making, the report also includes competitive profiling of leading players, recent developments in the industry, financial analysis, and various business strategies adopted by them. This report will help players in global Sulphuric acid market to plan and implement their strategies in different market areas such as emerging geographies, and new technologies.

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Last Updated July 2, 2018