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Global Sulphuric Acid Market Size, Share, Trends, Forecast: By Application: Fertilizers, Chemicals, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Trade Data Analysis; Competitive Landscape; Industry Events and Developments; 2024-2032
Competitive Landscape
May 2018- BASF SE (OTCMKTS: BASFY) announced the expansion of its sulphuric acid production in its Jiaxing plant from 12,000 tons to 24,000 tons to meet the rising demand for semiconductors in the region.
The report gives a detailed analysis of the following key players in the global sulphuric acid market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- INEOS Group
- BASF SE (OTCMKTS: BASFY)
- DuPont de Nemours, Inc. (NYSE: DD)
- PVS Chemicals, Inc.
- Chung Hwa Chemical Industrial Works, Ltd.
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on Porter's five forces model, along with giving a SWOT analysis.
Sulphuric Acid Market Report Snapshots
Sulphuric Acid Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Sulphuric Acid Market Analysis
8.1 Key Industry Highlights
8.2 Global Sulphuric Acid Historical Market (2018-2023)
8.3 Global Sulphuric Acid Market Forecast (2024-2032)
8.4 Global Sulphuric Acid Market by Application
8.4.1 Fertilizers
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Chemicals
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Others
8.5 Global Sulphuric Acid Market by Region
8.5.1 Market Share
8.5.1.1 North America
8.5.1.2 Europe
8.5.1.3 Asia Pacific
8.5.1.4 Latin America
8.5.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Trade Data Analysis (HS Code – 2807)
11.1 Major Exporting Countries
11.1.1 By Value
11.1.2 By Volume
11.2 Major Importing Countries
11.2.1 By Value
11.2.2 By Volume
12 Price Analysis
12.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
12.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
12.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
12.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
12.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
13 Global Sulphuric Market Analysis
13.1 Global Sulphur Market by Region
13.1.1 Market Share
13.1.1.1 North America
13.1.1.2 Europe
13.1.1.3 Asia Pacific
13.1.1.4 Latin America
13.1.1.5 Middle East and Africa
13.2 Trade Data Analysis (HS Code – 2503)
13.2.1 Major Exporting Countries
13.2.1.1 By Value
13.2.1.2 By Volume
13.2.2 Major Importing Countries
13.2.2.1 By Value
13.2.2.2 By Volume
13.3 Price Analysis
13.3.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.3.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.3.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.3.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.3.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 INEOS Group
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 BASF SE (OTCMKTS: BASFY)
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 DuPont de Nemours, Inc. (NYSE: DD)
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 PVS Chemicals, Inc.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Chung Hwa Chemical Industrial Works, Ltd.
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Others
15 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Sulphuric Acid Market: Key Industry Highlights, 2018 and 2032
2. Global Sulphuric Acid Historical Market: Breakup by Application (Million Metric Tons), 2018-2023
3. Global Sulphuric Acid Market Forecast: Breakup by Application (Million Metric Tons), 2024-2032
4. Global Sulphuric Acid Historical Market: Breakup by Region (Million Metric Tons), 2018-2023
5. Global Sulphuric Acid Market Forecast: Breakup by Region (Million Metric Tons), 2024-2032
6. North America Sulphuric Acid Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
7. North America Sulphuric Acid Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
8. Europe Sulphuric Acid Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
9. Europe Sulphuric Acid Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
10. Asia Pacific Sulphuric Acid Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
11. Asia Pacific Sulphuric Acid Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
12. Latin America Sulphuric Acid Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
13. Latin America Sulphuric Acid Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
14. Middle East and Africa Sulphuric Acid Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
15. Middle East and Africa Sulphuric Acid Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
16. Major Exporting Countries by Value
17. Major Importing Countries by Value
18. Major Exporting Countries by Volume
19. Major Importing Countries by Volume
20. North America Historical Price Trends and Forecast 2018-2028
21. Europe Historical Price Trends and Forecast 2018-2028
22. Asia Pacific Historical Price Trends and Forecast 2018-2028
23. Latin America Historical Price Trends and Forecast 2018-2028
24. Middle East and Africa Historical Price Trends and Forecast 2018-2028
25. Global Sulphur Market: Key Industry Highlights, 2018 and 2032
26. Global Sulphur Market: Market Share by Region
27. Major Sulphur Exporting Countries by Value
28. Major Sulphur Importing Countries by Value
29. Major Sulphur Exporting Countries by Volume
30. Major Sulphur Importing Countries by Volume
31. North America Sulphur Historical Price Trends and Forecast 2018-2028
32. Europe Sulphur Historical Price Trends and Forecast 2018-2028
33. Asia Pacific Sulphur Historical Price Trends and Forecast 2018-2028
34. Latin America Sulphur Historical Price Trends and Forecast 2018-2028
35. Middle East and Africa Sulphur Historical Price Trends and Forecast 2018-2028
36. Global Sulphuric Acid Market Structure
Key Questions Answered in the Report
In 2023, the market attained a volume of approximately 297.40 million metric tonnes.
The market is projected to grow at a CAGR of 1.5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about 340.06 million metric tonnes by 2032.
The major drivers of the market are increasing population, growth of the fertilisers industry, rising demand from developing regions, and increase in demand from end-use sectors such as agriculture.
The key market trends include the increase in the demand for electronic-grade sulphuric acid and rising applications of sulfuric acid in chemicals.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Fertilisers and chemicals, among others, are the leading applications of sulphuric acid in the market.
The major players in the global sulphuric acid market are INEOS Group, BASF SE, DuPont de Nemours, Inc. (NYSE: DD), PVS Chemicals, Inc., and Chung Hwa Chemical Industrial Works, Ltd., among others.
Analyst Review
The global sulphuric acid market attained a volume of 297.40 million metric tons in 2023, driven by the increase in the fertilizers and chemicals industry. Aided by the rising demand from the developing regions, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 1.5%. The market is projected to reach 340.06 million metric tons by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on application, the industry can be segmented into fertilizers, chemicals, and others. The major regional markets for sulphuric acid are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with the Asia Pacific accounting for the largest share of the market. The key players in the above market include INEOS Group, BASF SE (OTCMKTS: BASFY), DuPont de Nemours, Inc. (NYSE: DD), PVS Chemicals, Inc., and Chung Hwa Chemical Industrial Works, Ltd., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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