WASHINGTON, Nov. 02, 2023 (GLOBE NEWSWIRE) The Sulfuric Acid Market is valued at USD 13.61 Billion in 2022 and is expected to reach USD 19.64 Billion by 2030 at a CAGR of 4.70% over the forecast period 2023-2030. Overview of the Sulfuric Acid Market The Sulfuric Acid market is a dynamic and pivotal segment of the chemical industry. It plays a crucial role in various industrial processes, making it a key component of our modern economy. In this comprehensive report, we delve into the Sulfuric
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Sulfuric Acid Market by Raw Material (Elemental Sulfur, Base Metal Smelters, Pyrite Ore and Others), Application (Fertilizers, Chemical Manufacturing, Metal Processing, Petroleum Refining, Textile Industry, Automotive, Pulp & Paper and Others) and Region
Global sulfuric acid market is projected to reach USD 11.10 billion by 2021, at a CAGR of 2.87% during the forecast period. It is projected to reach 278.33 million tons by 2021, at a CAGR of 2.20% during the forecast period. This growth can be attributed to the increase in the production of nutrient rich food crops, which extensively use fertilizers, the largest application of sulfuric acid, and steady demand for sulfuric acid due to its diversified applications.