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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
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.*
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Key Questions Answered in the Report
In 2024, the market attained a volume of approximately 297.40 MMT.
The market is projected to grow at a CAGR of 1.5% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach about 340.06 MMT by 2034.
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.
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United States (Head Office)
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+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124