The global sulfuric acid market was pegged at 266.2 million tons in 2018 and is expected to exhibit a CAGR of 2.3% in terms of volume over the forecast period (2019 – 2027), and is expected to reach 324.1 million tons by 2027.

The molecular formula for sulfuric acid is ‘H₂SO₄. It is categorized as a strong mineral acid with high corrosive abilities. Sulfuric acid is a viscous liquid that is soluble in water and its color varies from yellow to colorless, which depends upon its concentration. Sulfuric acid is used in the manufacture of commercially important chemicals such as hydrochloric acid, nitric acid, sulfate salts, synthetic detergents, dyes, pigments, explosives, and drugs.

Sulfuric acid is used in the production of phosphate fertilizers such as monoammonium phosphate, diammonium phosphate, calcium dihyrogen phosphate, and others. According to the Food and Agriculture Organization (FAO), global demand for phosphate fertilizers in 2017 was 43.2 million tons. The FAO estimated that this demand will increase to 45.8 million tons by 2020. Thus, rising demand for phosphate fertilizers is expected to drive growth of the global sulfuric acid market.

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The Sulfuric Acid Market report provides a comprehensive analysis of key market trends in the Sulfuric Acid Market. It also includes a discussion of historical trends, current market conditions, competitive landscape, growth opportunities, and fact-based challenges. The report quantifies the market share held by major players in the industry and provides an in-depth view of the competitive landscape. In terms of revenue (US$) and production, the market size is calculated during the study period along with details about the factors (drivers and constraints) influencing the market growth.

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Major players operating in the Sulfuric Acid market are PVS Chemical Solution and Phelps Dodge, CF Industries, The Mosaic, AkzoNobel N.V., Agrium Inc., Rhodia, Langeloth International, Honeywell International, Bayer AG, DuPont de Nemours & Co., Potash Corp (PCS Phosphate), Chevron Corporation, Lucite International, Chemtrade Logistics, Southern States Chemical, Climax Molybdenum Co., Big River Zinc Sauget, Cytec Industries, Tampa Electric, Solvay S.A., Evonik Industries, Chemtrade Refinery Services, BP Valero Energy, and The Doe Run.

This report surveys the Sulfuric Acid market and analyzes and surveys development status and forecasts in five different regions: North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

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Hence, The research study focuses on key growth opportunities and market trends separately from important market dynamics including market drivers and challenges. With the help of this report, stakeholders will be able to adapt to changes in the Sulfuric Acid industry and secure a strong market position in the years to come. The report offers market development statistics, a list of curated key players, in-depth regional analysis, and extensive market segmentation studies to provide a complete understanding of the global Sulfuric Acid market. The Global Sulfuric Acid Market Report also provides precise intelligence that prepares market players to compete well with their most powerful competitors on the basis of growth, sales, and other important factors.

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