According to a new report published by Reports Monitor titled, “Global Sulfuric Acid, Growth Opportunities, Innovations and Forecast, 2018-2025,” the Sulfuric Acid Market is rapidly growimg 2018 to 2025.
Sulfuric acid is a strong corrosive acid, which becomes very easily with water. Market for Sulfuric acid is growing significantly due increasing application in various industries such as detergent, drugs, dyes, pigments, explosives and fertilizers.
Growing concerns about excellent food quality from agricultural sector and high crop yield are projected to propel chemical market growth, which, in turn, is anticipated to trigger acid market. Increasing requirement for the product from various industries such as chemical industry, fertilizers, paper and pulp, metal processing, automotive industries and petroleum refinery to be used as a catalyst, dehydrating agent, is expected to add on to the market growth.
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This report provides a detailed analysis of sulfuric acid, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources supported with either bottom up or top down approach.
The global sulfuric acid market is majorly segmented on the basis of type and application. Based on type the global sulfuric acid market is bifurcated into elemental sulfur, base metal smelters, pyrite ore, From oil and petroleum refineries while based on application it is segmented into fertilizers, chemical manufacturing, metal processing, petroleum refining, textile industry, automotive, pulp and paper, waste water treatment, industrial cleaning agent, drugs and medicines, electronics industry.
The global sulfuric acid market is majorly studied across four regions: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa). The global sulfuric acid market is a major market in Europe and North America region. In Asia-Pacific region China is expected to hold the major market share owing to raw material is used for producing sulfuric acid. Further, Asia Pacific is anticipated to witness a significantly growing mainly due to the increased adoption of cloud services in the countries such as China, India and Japan.
The major key players operating in the market are: The Mosaic company, PotashCorp, Groupe chimique tunisien, maaden – Saudi Arabian Mining company and OCP group, PVS chemicals, Aurubis, Chemtrade logistics income fund, BASF SE , DuPont, INEOS enterprises, Agrium Inc.
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Research Scope
The study for Global Sulfuric Acid Market will provide market size, estimates and forecast based on the following years:
Historic data: 2015
Base Year Estimate: 2016
Forecast: 2017 to 2025
The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.
Our analyst implement several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings.
The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.
1.Introduction
1.1 Market Definition
1.2. Market Scope
2.Research Methodology
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions
3. Market Overview
3.1. Research Report Segmentation & Scope
3.2. Sulfuric Acid- Value Chain Analysis
3.3. Key Market Trend Analysis
3.3.1. Market Drivers
3.3.2. Market Restraint/Challenges
3.3.3. Market Opportunities
3.4. Porter’s Five Forces Analysis
3.5. Potential Venture Avenues
3.6. Market Share Analysis, 2016
3.7. Market Overview – Sulfuric Acid, Product Landscape
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