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Sulfuric Acid Market by Raw Material (Elemental Sulfur, Base Metal Smelters, Pyrite Ore and Others) Application and Region - Global Forecast to 2021

Sulfuric Acid Market: Global Forecast until 2021

  • March 2017
  • 157 pages
  • ID: 4796897
In this report:
Saudi Arabia's current annual fertilizer production capacity is ##.## million tons and had seen expansion of ##% over the last decade and this growth is expected to continue in the forecast period, which will fuel the market for the fertilizers in the country.
The consumption of sulfuric acid in Central & Eastern Europe was ##.## million tons in 2015, which is expected to be ##.## million tons by 2021, registering a CAGR of ##.##% during the forecast period.

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"Rise in the production of nutrient rich food crops and sustainable and steady demands for sulfuric acid due to its diversified applications is driving the rise of the overall sulfuric acid market"

The overall sulfuric acid market is estimated to grow ~$11.1B by 2021, at a compound annual growth rate of ~2.9 percent. The market is estimated to rise at a compound annual growth rate of ~2.2 percent and reach 278.33 million ton by 2021 by volume. Increasing use of sulfuric acid in production of fertilizers to produce high agricultural output has led to increasing demands for sulfuric acid which in the Asia-Pac region. Also, balanced demands for sulfuric acid in diversified chemical application including synthesis of nylon via caprolactam and manufacturing of titanium dioxide will further boost the increase of the sulfuric acid market. Weaker sales due to surplus in the sector and strict environmental regulations combined with sulfuric acid due to its toxicological effects are main factor restraining the rise of the sulfuric acid market globally.

Elemental Sulfur: The quickest growing sector by raw material of sulfuric acid

The elemental sulfur was the quickest increasing sector by raw material of sulfuric acid in 2015. The quick increase of elemental sulfur is assigned to the fact that it's the most efficient and less environment polluting raw material used for manufacturing of sulfuric acid. Furthermore its overflowing stock in the industry makes it a cost effective raw material for manufacturing of sulfuric acid making it the quickest increasing market of sulfuric acid by raw material.

Automotive: The quickest-increasing application for sulfuric acid

Automotive is the quickest increasing application segment in the overall sulfuric acid market. Use of sulfuric acid as an electrolyte in automotive batteries is anticipated to bolster its demand in the automotive application. Moreover increasing use of hybrid and electronic cars is also likely to drive the demands for automotive application which use sulfuric acid as a main ingredient to run their batteries.

"Asia Pacific (APAC): The quickest increasing market for sulfuric acid"

The Asia Pacific (APAC) area is the quickest developing market for sulfuric acid, in terms of value importance and quantity. Escalating population which leads to increase in demands for high quality food grains, quickly thriving chemical manufacturing sectors and increasing shift of production facilities to the emerging economies of the territory; the strong industrial base in the chemical market, are the main factors providing to the increase of the sulfuric acid market in this area.

This analysis has been approved through primaries managed with different market experts globally.

Those primary sources have been sliced into three class, that is, by organization, by description, and by area.

- By Company Type- Tier 1 45.0 percent, Tier 2 22.0 percent, and Tier 3 33.0 percent

- By Designation- C Level- 50.0 percent, Director Level- 10.0 percent, and Others- 40.0 percent

- By Region- Western Europe- 33.0 percent, North america (NA)- 17%, Asia-pac- 17%, Middle East & Africa- 25.0 percent and South America- 8.0 percent

The industry report also offers company analysis and competitive landscape approved by the main market players, including The Mosaic Company, PotashCorp, Groupe Chimique Tunisien, Maaden - Saudi Arabian Mining Company and OCP group, PVS Chemicals, Aurubis, Chemtrade Logistics Income Fund, BASF SE, Akzonoble NV, DuPont, INEOS Enterprises, Agrium Inc..mong others.

Segment Research

The study includes sulfuric acid and its applications across various industry verticals and territories. It aims at evaluating the market value and upcoming growth potential of this market across distinct segments including agents and application. Moreover, the analysis also comprises a detailed competitive analysis of the top players in the sector together with their company descriptions, SWOT study, latest developments, and key industries strategies.

Why acquiring this study can help you:

From an insight prospect, this market research has emphasized different levels of analyses - industry study, market share research of top players, and company descriptions, which together comprise and examine the basic overviews on the competitive landscape; coming out and high-growth segments of the sulfuric acid market; high-growth areas; and sector drivers, market restraints, and alternatives.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on sulfuric acid provided by the top actors in the overall sulfuric acid market.

- Product improvement/Innovative products: In-depth understanding on up-on-coming technologies, Research&development activities, and recent product launches in the overall sulfuric acid market.

- Industry development: Highlighted information about lucrative emerging markets -the report examines the industries for sulfuric acid across localities.

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the overall sulfuric acid market.

- Opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of the key players in the overall sulfuric acid market.

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ref:plp2017

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