Chemicals Industry Today

Sulfuric Acid Market 2018 Opportunities Assessment and Research On Chemical Advancements to 2021

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Published 27 July 2018
“Global Sulfuric Acid Market 2017 to 2021” provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure of the Sulfuric Acid Market.

Commenting on the report, an analyst from Industrydataanalytics team said: “Ultra-pure sulfuric acid (UPS) also known as electronic grade sulfuric acid is a very important microelectronics chemical reagent. It is used in the fabrication of silicon wafers. It helps in maintaining the high-quality demands from the semiconductor industry. UPS helps in removing the inorganic residue, impurity particles, and carbon deposits on the wafer while etching and cleaning. Semiconductors are expected to experience steady growth during the forecast period because of increased global use of electrical and electronic appliances, and rapid economic growth in developing countries. The electronic grade sulfuric acid demand is expected to grow at a CAGR of 6%-7% during the forecast period.”

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The report covers the present scenario and the growth prospects of the global LIMS market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of LIMS.

Key vendors are: Akzo Nobel, DuPont, Evonik Industries, Honeywell International, and Jacobs

Other prominent vendors:  Aditya Birla Management Corporation and PotashCorp

Sulfuric acid is one of the most important industrial chemicals and is used for various applications including fertilizers, chemical production, and metal processing. The global sulfuric acid market is expected to grow at a CAGR of 2.62% during the forecast period. Sulfuric acid finds the largest application in the fertilizer industry for the production of phosphoric acid through wet-process. Sulfuric acid is used in the production of many chemicals such as hydrochloric acid, nitric acid, and sulfate salts.

The market is divided into the following segments based on geography: 

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Major points covered in Global Sulfuric Acid Market 2018 Research are:-

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors? 
This independent 70 page report guarantees you will remain better informed than your competition. With over tables and figures examining the Sulfuric Acid market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2022.

Market Driver in this Report:

- Increase in the demand for nutrition-rich food crop
- For a full, detailed list, view our report 

Market Challenge in this Report:

- Chemicals face stiff competition from other alternatives
- For a full, detailed list, view our report 

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According to the report, as there is an increase in the concern toward depleting crude oil resources, there is an increase in the demand for biofuels such as corn-based fuel. Biofuels have several advantages over crude oils such as easy to source, renewable, and reduces greenhouse gas emission leading to lower level of pollution. These fuels are extracted from plants and crops and hence are renewable, unlike crude oil. The cultivation of plants and crops require fertilizers (phosphate fertilizers). Grains (including corn) account for the largest share of the phosphate fertilizers market.

Further, the report states that papermaking under acid conditions was restricted by corrosion failure and failed to produce robust products. Neutral/alkaline papermaking activity in Europe was stimulated by the need to regain and recycle secondary fiber, reduce water consumption and abrasiveness of the process due to by mineral fillers such as china clays. In North America, neutral/alkaline papermaking process was exercised to manufacture more permanent paper products, to reuse a significant amount of processed water and significantly reduce the total cost.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

About Us:-

Industrydataanalytics provides syndicated market research reports to industries, organizations or even individuals with an aim of helping them in their decision making process. These reports include in-depth market research studies i.e. market share analysis, industry analysis, information on products, countries, market size, trends, business research details and much more. Industrydataanalytics provides Global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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