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Global Sulfuric Acid Market is estimated to account for 326.65 Mn Tons by end of 2027, Says Coherent Market Insights (CMI)
March 16, 2021 09:00 ET
| Source:
CMI
CMI
Pune, INDIA
SEATTLE, March 16, 2021 (GLOBE NEWSWIRE) Sulfuric acid is a colorless oily liquid. It is used in production of dyestuffs, explosives, fertilizers, and other chemicals. It is also used in ore processing, paper manufacturing, petroleum refining, battery manufacturing, printing and jewelry making, and leather industries.
The global
326.65 Mn tons in terms of volume by the end of 2027, witnessing CAGR of 2.3% during the forecast period (2020-2027).
Market Drivers:
Increasing demand for paper is expected to propel growth of the global sulfuric acid market over the forecast period. For instance, according to Directorate General of Commercial Intelligence & Statistics, imports of paper in India (excluding newsprint) incre ....

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