Increasing investments in plant facilities due to the rising production capacity of phosphate fertilizer and tightening environmental regulations are anticipated to spur the market over the foreseeable period.
The Global Sulfuric Acid Market is expected to be valued at USD 13.45 billion by 2025, according to a new report by Grand View Research, Inc.
Rising demand for the production of nutrient-rich food crops is expected to boost the industry. Increasing requirement for the continuous & sustainable H2SO4 product for the manufacturing of phosphate fertilizer, inorganic chemicals, detergents & soaps, dyes, and gasoline is expected to trigger industry growth over the forecast period.
Growing suppliers of sulfuric acid in Saudi Arabia due to the presence of large number of acid manufacturing facilities to strengthen the growth of phosphate is expected to spur the Middle East regional market.
To Know More About Sulfuric Acid Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/sulfuric-acid-market
Factors such as increase in the number of initiatives carried out by companies such as DuPont, Outotec, and Sumitomo Corporation to expand their plant facilities, enhance distribution network, and expand processing capacities are projected to propel the market over the next eight years.
Top Players of
Some players operating in this industry include Mosaic Company, Chemtrade Refinery, DuPont, Akzonobel N.V., BASF, PVS Chemical Solution, Valero Energy, and Solvay among others.
Market Segmentation of
The Global Sulfuric Acid Market Segmentation based on Raw Material and Application.
By Raw Material:
Elemental sulfur
Base metal smelters
Pyrite ore
By Application:
Fertilizers
Chemical manufacturing
Metal processing
Petroleum refining
Textile industry
Automotive
Paper & pulp
Inquire about Sulfuric Acid Market with Our Experts @ http://bit.ly/2JrAaDH
The Global Sulfuric Acid Market is expected to be valued at USD 13.45 billion by 2025, according to a new report by Grand View Research, Inc.
Rising demand for the production of nutrient-rich food crops is expected to boost the industry. Increasing requirement for the continuous & sustainable H2SO4 product for the manufacturing of phosphate fertilizer, inorganic chemicals, detergents & soaps, dyes, and gasoline is expected to trigger industry growth over the forecast period.
Growing suppliers of sulfuric acid in Saudi Arabia due to the presence of large number of acid manufacturing facilities to strengthen the growth of phosphate is expected to spur the Middle East regional market.
To Know More About Sulfuric Acid Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/sulfuric-acid-market
Factors such as increase in the number of initiatives carried out by companies such as DuPont, Outotec, and Sumitomo Corporation to expand their plant facilities, enhance distribution network, and expand processing capacities are projected to propel the market over the next eight years.
Top Players of
Some players operating in this industry include Mosaic Company, Chemtrade Refinery, DuPont, Akzonobel N.V., BASF, PVS Chemical Solution, Valero Energy, and Solvay among others.
Market Segmentation of
The Global Sulfuric Acid Market Segmentation based on Raw Material and Application.
By Raw Material:
Elemental sulfur
Base metal smelters
Pyrite ore
By Application:
Fertilizers
Chemical manufacturing
Metal processing
Petroleum refining
Textile industry
Automotive
Paper & pulp
Inquire about Sulfuric Acid Market with Our Experts @ http://bit.ly/2JrAaDH
Comments
Post a Comment