Trending

Sulphuric Acid Market Expected To Secure Notable Revenue Share During 2021-2027

Sulphuric Acid Market

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.

Sulfuric Acid Market Is Projected To Reach Usd 8.11 Billion By 2020, At A Cagr Of 1.87% During The Forecast Period

Request For PDF Brochure: https://www.coherentmarketinsights.com/insight/request-pdf/326

The major market players that are operating in the Sulphuric 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.

Which Market Factors Are Explained In The Report?

The Sulphuric Acid market is segmented according to type, application, and region. A complete explanation of the market accumulating methodology, the use of advancement, conclusions of the world market players have been given. The segmentation study identifies leading segments and explains key factors supporting their growth in the global Sulphuric Acid market. The report then sheds light on product positioning, customers’ perception of market competition, customer segmentation, consumer buying behavior, customer needs, and target customers.

The Report Provides :

♦ Market overview

♦ Comprehensive analysis of the market

♦ Recent developments in the market

♦ Market development over the past few years

♦ Emerging segments and regional markets

♦ Segmentations up to the second and/or third level

♦ Historical, current, and estimated market size, in terms of value and volume

♦ Competitive analysis having company overview, products, revenue, and strategies

♦ Strategic recommendations that help companies increase their market presence

Need a discount?

Hurry Up…and Get A $2000 Discount On a Price…!!!

Click Here To Purchase This Premium Report: https://www.coherentmarketinsights.com/promo/buynow/326

In this study, the years considered to estimate the market size of Sulphuric Acid Market are as follows:

History Year: 2013-2018
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2020 to 2027

Thanks for reading this article; you can also get an individual chapter-wise section or region wise report versions like North America, Europe, or Asia.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

nirav

About Us: Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformation growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies, to not-for-profit organization, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.
Back to top button