Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Sulphuric Acid Sales Set to Expand by 1.3x to Reach US$ 18.7 Bn Amid Surging Application in Fertilizers Production: Future Market Insights

This image opens in the lightbox

News provided by

Future Market Insights

14 Oct, 2021, 14:00 GMT

Share this article

Share toX

Share this article

Share toX

A recent survey by Future Market Insight (FMI) discloses information on drivers, opportunities, and restraints affecting the sulphuric acid market growth. The report highlights scope for expansion across various segments across seven regions in terms of purity and application for the next decade.

DUBAI, U.A.E., Oct. 14, 2021 /PRNewswire/ -- As per Future Market Insights, the global sulphuric acid market is anticipated to reach US$ 13.7 Bn in 2021. Sales of sulphuric acid grew year-on-year by 3.1% in 2021.

Growing use of sulphuric acid in the production of nutritional-rich fertilizers is the major factor expected to drive the growth in the market. Demand for sulphuric acid has been consistently growing across diverse end-use industries such as paper & pulp, agriculture, and others.

Request a report sample to gain comprehensive insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-6753 

Sales of sulphuric acid dampened with the onset of the novel COVID-19 due to the muted demand from petroleum refining, metal manufacturing and other end-use industries. However, resumption of supply-chain activities across diverse end-use verticals will recover the sales of sulphuric acid.

Shrinking agricultural land and lack of nutritional-rich fertilizers is expected to improve the demand for sulphuric acid in the production of fertilizers. Also, initiatives undertaken by government to improve the quality of fuel to power automobiles will increase the demand for sulphuric acid in petroleum refining industry.

Further, surging use of metals in construction, mining, and automotive industries will amplify the growth opportunities for sulphuric acid market in metal extraction industry. Increasing demand for ultra-pure sulphuric acid for the production of pharmaceutical products will spur the sales over the coming years.

As per FMI, the market will register significant increase in the sales of sulphuric acid owing to the increasing adoption within agriculture industry. Sales of sulphuric acid increased by 1.1% during 2016 and 2020 owing to the growing demand across China, India, and South Korea. 

"Growing demand for sulphuric acid from metal extraction, automotive, agriculture, and pharmaceutical industries, especially across East & South Asia, is expected to boost the sales. Key players are likely to capitalize on this opportunity to generate revenues" says the FMI analyst.

Key Takeaways from FMI's Sulphuric Acid Market Survey

  • In terms of application, fertilizers segment will account for over 60% of sulphuric acid produced globally
  • Ultra-pure sulphuric acid is expected to gain traction in terms of purity type owing to the increased application in electrical and electronic industry
  • The U.S. sulphuric acid market will register year-on-year growth by 2.9% owing to the surging applications of metals in manufacturing operations
  • Sales of sulphuric acid in India are expected to grow at 3.7% CAGR between 2021 and 2031
  • China will vanguard the sales of East Asia sulphuric acid market, registering growth at 3.5% CAGR in 2031
  • South Korea and Japan are expected to, collectively, account for 6% of total sales of sulphuric acid market

Report Preview with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sulfuric-acid-market

Key Drivers

  • Increased adoption of sulphuric acid in the production of nutrient-rich food crop will boost the sales
  • Sustainable demand for sulphuric acid owing to its increased use in wastewater treatment, paper & pulp production, and fertilizers will aid the growth in the market

Key Restraints:

  • Stringent regulations due to the hazardous effects on the use of sulphuric acid will restrict the growth in the market
  • Volatility and fluctuation in raw material prices will act as a challenge for sulphuric acid key players

Competitive Landscape

As per the study, with the presence of numerous leading players, the market is expected to be highly competitive. Key manufacturers are adopting market expansion strategies such as collaborations and partnerships to expand their customer base.

Several prominent companies are introducing new product launches to strengthen their product portfolio and generate remunerative revenues during the forecast period.

For instance,

  • In February 2021, Rama Phosphates Ltd, announced the commencement of its new commercial production of sulphuric acid and its derivatives from the new manufacturing facility in India. The company's overall production capacity of sulphuric acid is estimated to be 155,000 TPA from its Indore manufacturing facility.
  • In January 2021, Nuberg EPC acquired 500 mtpd sulphuric acid plant project owned by Sprea Misr, leading plastics manufacturers in Egypt. The project is based on EPC and LSTK basis in Egypt which is going to be used for industrial purposes. The project will be based on the latest double contact double absorption (DCDA) process technology. This is the first time that the company is building a turbine unit for electricity production which will provided to the agriculture industry for the production of urea and other fertilizers.

Some of the key players operating in the sulphuric acid industry market profiled by FMI are:

  • BASF SE
  • Ineos Group Ltd
  • KANTO Corporation
  • Aurubis AG
  • Avantor Performance Materials, LLC
  • PVS Chemicals Inc.
  • Seastar Chemicals
  • KMG Chemicals
  • Qingdao Hisea Chem Co.Ltd
  • Linde Group
  • Nouryon
  • Cornerstone Chemical Company
  • Ma'aden - Saudi Arabian Mining Company
  • Canada Colors and Chemicals Limited
  • Hubei Xingfa Chemicals Group Co., Ltd
  • Asia Union Electronic Chemical Corporation (AUECC)
  • Tata Chemicals
  • Trident Group
  • Boliden Group
  • UBE INDUSTRIES, LTD.
  • Kel-Chemicals Ltd.
  • Young Poong Co., Ltd.
  • Jiangsu Mingsheng Chemical Co., Ltd.
  • Shijiazhuang Xinlongwei Chemical Co., Ltd.
  • Wylton (China) Chemical Co., Ltd.
  • Sumitomo Chemical Co., Ltd.
  • Tayca Corporation
  • Others

For information on the Research Approach used in the Report, Request Methodology@ https://www.futuremarketinsights.com/ask-question/rep-gb-6753

More Valuable Insights on Sulphuric acid Market

In its latest report, Future Market Insights offers exhaustive analysis on global sulphuric market for the forecast period of 2021 and 2031. The report delves into compelling insights of the market key growth drivers, trends, and opportunities with detailed segmentation on the basis of:

By Purity Type:

  • Standard
  • Ultra-Pure

By Application:

  • Fertilizers
  • Petroleum Refining
  • Metal Production & Processing
    • Steel Pickling
    • Copper Production
    • Metal Surface Cleaning
    • Others
  • Wastewater Treatment
  • Semiconductor & Electronics
    • Battery Electrolyte
    • Integrated Circuit Components
    • Photovoltaic Cell
  • Chemical Production
  • Textile Processing
  • Pulp & Paper Production
  • Pharmaceuticals
  • Domestic Cleaning Products
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia Pacific
  • Middle East and Africa

Key Questions Covered in the Report

  • The report offers insight into sulphuric acid market demand outlook for the forecast period 2021-2031
  • The market study also highlights projected sales growth for sulphuric acid market between 2021 and 2031
  • Sulphuric acid market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
  • Sulphuric acid market platform share analysis, covering key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others

[Talkshow] The rise of modest packaging to an intelligent eco-friendly solution driving consumer experience has been stupendous! Join our talk show 'The Rise of Intelligent Packaging' to uncover new paths for innovation in packaging!

Register now! Nov 18, 11 AM Pacific Time https://www.futuremarketinsights.com/event/the-rise-of-intelligent-packaging

Explore FMI's Extensive Trending Coverage on Chemicals and materials Domain

Firearm Lubricants Market: Global firearm lubricants market is expected to reach US$ 523.8 Mn by 2031. Asia-Pacific has been identified as an emerging market for the firearm lubricants.

Crotonaldehyde Market: Future Market Insights (FMI) projects that the global crotonaldehyde market will grow in value at a CAGR of 4.2% between 2020 and 2030.

Refinery Catalyst Market: Demand in Refinery Catalysts Market Stoked by Implementation of Stricter Environmental Norms.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:

Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com 
For Media Enquiries: press@futuremarketinsights.com 
Website: https://www.futuremarketinsights.com/ 
Report: https://www.futuremarketinsights.com/reports/sulfuric-acid-market 
Press Release Source: https://www.futuremarketinsights.com/press-release/sulfuric-acid-market

Logo: https://mma.prnewswire.com/media/1197648/FMI_Logo.jpg

Modal title

Also from this source

Isoprene Rubber Latex Market is Projected to Expand at a CAGR of 8.1% between 2024 and 2034 | Future Market Insights, Inc.

Isoprene Rubber Latex Market is Projected to Expand at a CAGR of 8.1% between 2024 and 2034 | Future Market Insights, Inc.

The isoprene rubber latex industry is predicted to be valued at USD 922 million by 2024. The market valuation is estimated to be USD 2,005.3 million...

Growing Demand for Premium Distilled Agave-based Beverages to Propel Mezcal Market at a CAGR of 14.2% by 2034 | Future Market Insights, Inc.

Growing Demand for Premium Distilled Agave-based Beverages to Propel Mezcal Market at a CAGR of 14.2% by 2034 | Future Market Insights, Inc.

According to Future Market Insights (FMI), the global mezcal market demand is estimated to reach a valuation of USD 635 million by 2024. Over the...

More Releases From This Source

Explore

Chemical

Chemical

Chemical

Chemical

News Releases in Similar Topics

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.