Sulphuric Acid Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016–2024

Sulphuric Acid Market Overview

Sulphuric acid is denoted by the molecular formula H2SO4. It is categorized as a strong mineral acid with high corrosive abilities. The acid is a viscous liquid that is soluble in water, and its color varies from yellow to colorless, depending upon the concentration. The strong mineral mixture depicts varied properties with regards to varied concentrations. The nature of strong acidity enables it to cause corrosion of living tissues and metal surfaces. At high concentrations, it shows different properties including, strong dehydration, oxidization, and hygroscopic.

Elemental sulfur is the most widely used raw material to produce sulphuric acid. While sulphuric acid finds varied application across a broad spectrum of industries, its single largest application is in the production of fertilizers.

Sulphuric Acid Market Taxonomy

The sulphuric acid market is classified on the basis of the following segments:

  • Raw Material Type
    • Pyrite ore
    • Elemental Sulfur
    • Base metal smelters
    • Others (from oil & petroleum refineries)
  • Application
    • Fertilizers
    • Pulp & Paper
    • Textile industry
    • Chemical manufacturing
    • Metal processing
    • Automotive
    • Petroleum refining
    • Others (industrial cleaning agent, drugs & medicines, wastewater treatment, electronics industry)

Prevalent Scenario in Sulphuric Acid Market

Sulphuric acid is utilized to manufacture phosphoric acid. This phosphoric acid is later employed for the production phosphate fertilizers including, ammonium phosphates and calcium dihyrogenphosphate. Increasing demand for fertilizers owing to rising agricultural activities is anticipated to positively drive the growth over the forecast period. Sulphuric acid is used in manufacturing a number of chemicals including, nitric acid, hydrochloric acid, ammonium sulphate, and aluminum sulphate. The growing demand for industrial chemicals for manufacturing various commercial products is projected to propel growth of the market over the next few years. Sulphuric acid is utilized for pH adjustment, oil splitting and generation of chlorine dioxide in paper & pulp industry. Rapid growth in paper & pulp is projected to aid growth of the market over the foreseeable future.

The acid, when at high concentration causes serious damage to human beings and can lead to skin irritation and even permanent blindness. Owing to hazardous effects of the strong acidic mixture, it is often subjected to strict governmental regulations. The American Conference of Governmental Industrial Hygienists (ACGIH), has categorized the acid as a carcinogen. The U.S. Environmental Protection Agency (EPA), has listed sulphuric acid as a toxic chemical. The Occupational Safety and Health Administration (OSHA 1998), has laid down guidelines for the permissible exposure limit (PEL), of the sulphuric acid to 1mg/m3. These regulations govern use of the strong acidic mixture in end-use applications and also the raw materials utilized to produce it. These stringent regulations coupled with the high raw material prices, are expected to hinder the growth of the market over the forecast period. North America and Europe are expected to account for the largest share in the market, on account of presence of major players in the region. The region of Central & South America is projected to witness a steady growth in its market share owing to the rapid industrialization in the region. Asia Pacific is projected to experience the fastest growth owing to burgeoning growth of various end-use industries in emerging economies such as China and India. Sulphuric acid is used in the most common hydrometallurgical processes to leach the ores in order to extract metals. Countries including South Korea and Japan, have a large number of metal smelters, and thus are anticipated to contribute towards the market growth in the near future.

Fragmented Market

The global market is highly fragmented due to the participation of many established and emerging players in the market. Major players involved in the market include PVS Chemical Solution and Phelps Dodge, CF Industries, The Mosaic, AkzoNobel N.V., Agrium Inc., Rhodia, Langeloth International, Honeywell International, Bayer AG, DuPont de Nemours & Co., Potash Corp (PCS Phosphate), Chevron Corporation, Lucite International, Chemtrade Logistics, Southern States Chemical, Climax Molybdenum Co., Big River Zinc Sauget, Cytec Industries, Tampa Electric, Solvay S.A., Evonik Industries, Chemtrade Refinery Services, BP Valero Energy, and The Doe Run.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.
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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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