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Global Sulfuric Acid Market: Fertilizers Segment to Remain as Key Contributor, says TMR

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According to the Transparency Market Research, in 2015, the global market for sulfuric acid was worth US$69.3 bn and is anticipated to reach a value of US$85.4 bn by the end of 2023. The market is likely to register a 2.60% CAGR between 2015 and 202
Transparency Market
Research
SULFURIC ACID MARKET - GLOBAL INDUSTRY ANALYSIS, MARKET GROWTH,
TRENDS AND FORECAST 2015 - 2023
Published Date
03-Feb-2016
133 Page Report
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Press Release
Global Lightweight Materials Market: Innovative Products to
Determine Leader of Fragmented Field : TMR
Transparency Market Research
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Sulfuric Acid Market
REPORT DESCRIPTION
Sulfuric Acid Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2015 - 2023
The global sulfuric acid market is characterized as a highly competitive and fragmented in nature,
thanks to the presence of a large number of players operating in it, states a research study by
Transparency Market Research (TMR). In 2014, the leading players in the global sulfuric acid market,
namely PotashCrop, The Mosaic Company, and Vale Fertilizers collectively accounted for a share of
10.5% of the overall market. In order to earn higher revenues and to change the pace of the market,
key players are focusing on strategic collaborations and mergers and acquisitions. In addition, the
development of effective and high-performance products are some of the other factors anticipated to
encourage the growth of the market in the near future. However, the sluggish growth owing to the
capital intensive nature is likely to restrict the growth of the market in the coming years.
According to the Transparency Market Research, in 2015, the global market for sulfuric acid was
worth US$69.3 bn and is anticipated to reach a value of US$85.4 bn by the end of 2023. The market
is likely to register a 2.60% CAGR between 2015 and 2023.
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Asia Pacific to Remain Dominant in Global Sulfuric Acid Market
Among the key geographical segments, in 2015, Asia Pacific accounted for around half of the global
sulfuric acid market and is expected to remain in the topmost position throughout the forecast period.
The presence of a large number of players in the chemical industry across China is one of the vital
factors anticipated to fuel the growth of the sulfuric acid market in Asia Pacific. On the other hand,
Europe and North America are expected to witness steady growth throughout the forecast period,
owing to the expansion of the application base across diverse industries.
On the basis of application, the global market for sulfuric acid has been classified into chemical
synthesis, metal and mining, wastewater treatment, fertilizers, pharmaceuticals, and paper and pulp.
Among these, the fertilizers segment is expected to lead the global sulfuric acid market and is likely to
account for a key share throughout the forecast period. The growing focus of key players on research
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Sulfuric Acid Market
and development activities is estimated to expand the application base of sulfuric acid, thus fuelling
the growth of the overall market in the forecast period. The chemicals segment is anticipated to
witness robust growth in the next few years, owing to the rising demand for sulfuric acid in making
chemicals, including sulfate salts, nitric acid, hydrochloric acid, drugs, and explosives.
Browse Full Market Research Report TOC:
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Rising Demand for Fertilizers to Encourage Market Growth
The global market for sulfuric acids is projected to witness progressive growth throughout the forecast
period, states a TMR analyst. The expansion of the phosphate fertilizers market across the globe is
expected to boost the consumption of sulfuric acid, thus encouraging the growth of the overall market.
In addition, the rising pace of industrialization in China is expected to encourage the growth of the
overall market in the next few years.
Furthermore, the growing demand for sulfuric acid from the oil and gas industry is another factor likely
to accelerate the growth of the global market in the near future. With the rising emphasis on new
product development and innovations is estimated to generate promising opportunities for the key
players operating in the sulfuric acid market across the globe.
Fluctuating Raw Material Prices to Hamper Market Growth
The global sulfuric acid market is expected to face several limitations, which are likely to restrict the
market’s growth in the next few years. The volatility in the cost of raw materials and strict regulations
imposed by governments regarding the use of sulfuric acid are some of the important factors
anticipated to curb the growth of the market in the near future. Nevertheless, the recovery of sulfur is
anticipated to offer promising opportunities throughout the forecast period.
Browse The Press Release For Report:
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TABLE OF CONTENT
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Sulfuric Acid Market
Chapter 1 Preface

Report Description

Research Scope

Assumptions

Market Segmentation

Research Methodology
Chapter 2 Executive Summary

Global Sulfuric Acid Market, Volume and Revenue, 2014 - 2023, (Mn Tons) (US$ Bn)

Sulfuric Acid: Market Snapshot
Chapter 3 Sulfuric Acid Market – Industry Analysis

Introduction

Value Chain Analysis

Market Drivers

Driver 1 – Industrialization in China Anticipated to Boost Sulfuric Acid Market Demand

Driver 2 – Expansion of Global Phosphate Fertilizers Market Likely to Increase Consumption of Sulfuric Acid

Restraints

Restraint 1 – Volatility in Prices of Raw Materials to Adversely Impact Demand for Sulfuric Acid

Restraint 2 – Strict Government Regulations to Restrict Market Growth

Opportunities

Opportunity 1 – Recovery of Sulfur Likely to Provide Growth Opportunities

Porter’s Five Forces Analysis

Bargaining Power Of Suppliers

Bargaining Power Of Buyers

Threat Of New Entrants

Threat Of Substitutes

Degree Of Competition

Sulfuric Acid: Market Attractiveness Analysis

Market Attractiveness Analysis By Application

Market Attractiveness Analysis By Country

Sulfuric Acid: Company Market Share (%), 2014
Chapter 4 Raw Material and Price Trend Analysis
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
Raw Material Analysis – Manufacturing/Extraction/Recovery Process

Raw Material Price Trends, 2014 – 2023, (US$/Ton)

Sulfuric Acid Price Trends, 2014 – 2023, (US$/Ton)
Chapter 5 Market Segmentation – Application Analysis

Global Sulfuric Acid Market: Application Overview

Global Sulfuric Acid Market for Fertilizers, Volume & Revenue, 2014 – 2023

Global Sulfuric Acid Market for Chemical Synthesis, Volume & Revenue, (Million Tons) (US$ Bn), 2014 – 2023,
(Million Tons) (US$ Bn)

Global Sulfuric Acid Market for Wastewater Treatment, Volume & Revenue, 2014 – 2023, (Million Tons) (US$
Bn)

Global Sulfuric Acid Market for Metal & Mining, Volume & Revenue, 2014 – 2023, (Million Tons) (US$ Bn)

Global Sulfuric Acid Market For Others, Volume & Revenue, 2014 – 2023, (Million Tons) (US$ Bn)
Chapter 6 Market Segmentation – Regional Analysis

Global Sulfuric Acid Market: Regional Overview

North America Sulfuric Acid Market – Application Analysis, Volume & Revenue, 2014 – 2023, (Million Tons)
(US$ Bn)
o
U.S. Sulfuric Acid Market – Application Analysis, Volume & Revenue, 2014 – 2023, (Million Tons) (US$
Bn)
o
Rest Of North America Sulfuric Acid Market – Application Analysis, Volume & Revenue, 2014 – 2023,
(Million Tons) (US$ Bn)

Europe Sulfuric Acid Market – Application Analysis, Volume & Revenue, 2014 – 2023, (Million Tons) (US$ Bn)
o
France Sulfuric Acid Market – Application Analysis, Volume & Revenue, 2014 – 2023, (Million Tons) (US$
Bn)
o
U.K. Sulfuric Acid Market – Application Analysis, Volume & Revenue, 2014 – 2023, (Million Tons) (US$
Bn)
o
Spain Sulfuric Acid Market – Application Analysis, Volume & Revenue, 2014 – 2023, (Million Tons) (US$
Bn)
o
Germany Sulfuric Acid Market – Application Analysis, Volume & Revenue, 2014 – 2023, (Million Tons)
(US$ Bn)
o
Italy Sulfuric Acid Market – Application Analysis, Volume & Revenue, 2014 – 2023, (Million Tons) (US$
Bn)
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o
Rest Of Europe Sulfuric Acid Market – Application Analysis, Volume & Revenue, 2014 – 2023, (Million
Tons) (US$ Bn)

Asia Pacific Sulfuric Acid Market – Application Analysis, Volume & Revenue, 2014 – 2023, (Million Tons) (US$
Bn)
o
China Sulfuric acid Market – Application Analysis, Volume & Revenue, 2014 – 2023, (Million Tons) (US$
Bn)
o
Japan Sulfuric Acid Market – Application Analysis, Volume & Revenue, 2014 – 2023, (Million Tons) (US$
Bn)
o
ASEAN Sulfuric Acid Market – Application Analysis, Volume & Revenue, 2014 – 2023, (Million Tons) (US$
Bn)
o
Rest Of Asia Pacific Sulfuric Acid Market – Application Analysis, Volume & Revenue, 2014 – 2023, (Million
Tons) (US$ Bn)

Latin America Sulfuric Acid Market – Application Analysis, Volume & Revenue, 2014 – 2023, (Million Tons)
(US$ Bn)
o
Brazil Sulfuric Acid Market – Application Analysis, Volume & Revenue, 2014 – 2023, (Million Tons) (US$
Bn)
o
Rest Of Latin America Sulfuric Acid Market – Application Analysis, Volume & Revenue, 2014 – 2023,
(Million Tons) (US$ Bn)

Middle East & Africa Sulfuric Acid Market – Application Analysis, Volume & Revenue, 2014 – 2023, (Million
Tons) (US$ Bn)
o
GCC Sulfuric Acid Market – Application Analysis, Volume & Revenue, 2014 – 2023, (Million Tons) (US$
Bn)
o
South Africa Sulfuric Acid Market – Application Analysis, Volume & Revenue, 2014 – 2023, (Million Tons)
(US$ Bn)
o
Rest Of Middle East & Africa Sulfuric Acid Market – Application Analysis, Volume & Revenue, 2014 –
2023, (Million Tons) (US$ Bn)
Chapter 7 Company Profiles

The Mosaic Company

The Chemours Company

Eco Services Operations, LLC

Chemtrade Logistics Inc.
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
Khaitan Chemicals & Fertilizers Limited

BASF SE

PotashCorp

Honeywell International, Inc.

Vale Fertilizantes S/A

Southern States Chemical

Akzo Nobel N.V.
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