PUNE, MAHARASHTRA, INDIA, May 25, 2018 /EINPresswire.com/ — Global Sulfuric Acid Industry
New Study on “2018-2023 Sulfuric Acid Market Global Key Player, Demand, Growth, Opportunities and Analysis Forecast” added to Wise Guy Reports Database
The global sulfuric acid market is expected to grow at the CAGR of 4.1 % during 2018-2023. Sulfuric is a strong acid manufactured by oxidizing solutions of Sulfur-dioxide. In general, it is colorless, odorless liquid which is soluble in water and corrosive in nature. The market is showing a growth owing to increasing demand of the Sulfur based products, rising demand in industrial and fertilizer sector globally. It is mainly used in chemical manufacturing industry for making phosphate fertilizers automotive and pharmaceuticals. Additionally, sulfuric acid found a considerable utilization for sugar bleaching, paper bleaching, water treatment, cellulose fibers, coloring agents and so forth.
The global sulfuric acid market has been segmented on the basis of manufacturing process, application, and type. By application, the market is divided into chemicals manufacturing, metal processing, textile industry, paper & sugar industry, automotive industry, fertilizer industry. The fertilizer industry will have a major market share across the globe. The fertilizer industry is increasing due to increasing usage of phosphate fertilizers in crops. By manufacturing processes, the market is divided in to contact process and wet sulfuric acid process. The contact process has a major market share due to wide spread acceptance of the technology. By type of acid, the market is divided into dilute and concentrated. Concentrated acid is expected to possess major market share due to its widespread application in industry such as producing phosphoric acid, in the production of fertilizers and so on.
Geographically, the market is segmented into North America, Europe, Asia Pacific and Rest of the World. North America will show a lucrative growth for sulfuric acid in the near future. In Asia pacific, the major countries contributing to the market are China, India, and Japan. China is the largest player in Asia in chemical industry hence anticipated to contribute as a major market for sulfuric acid market. India is expected to show a significant growth in the manufacturing sector in the recent near future and hence expected to have a considerable market in the region.
The key players of global sulfuric acid market include: Akzonobel NV, Atul Ltd, BASF SE, Chevron and Solvay, Cytec industries, DuPont and Honeywell International. These companies are focusing on product innovations, expansions, and M&As, finding new market or innovate in their core competency in order to expand individual market share. Siemens is making use of sulfuric acid to make new generation blowers in order to increase the efficiency, reliability in usage, and reduction in space for their turbo-compressors. Similarly, DuPont’s innovation is the high performance catalytic converter by using Sulfuric acid, which is named as GEAR to reduce pressure drop and improve performance.
The report also includes detailed market overview, strategic recommendations, key company analysis, key findings, analyst insights, predictive analysis, patent analysis, pipeline analysis, market determinants, market segmentation and company profiling of the market.
Global Sulfuric Acid is segmented on the basis of regional outlook and following segments:
Global Sulfuric Acid Market Research and Analysis, By Manufacturing Process
Global Sulfuric Acid Market Research and Analysis, By Application
Global Sulfuric Acid Market Research and Analysis, By Type
Global Sulfuric Acid Market Research and Analysis, By Region
The Report covers:
Comprehensive research methodology of Global Sulfuric Acid Market.
This report also includes detailed and extensive market overview with key analyst insights.
Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the Sulfuric Acid Market.
Insights about market determinants which are stimulating the Sulfuric Acid Market.
Detailed and extensive market segments with regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.
Some points from table of content:
1. REPORT SUMMARY
1.1. RESEARCH METHODS AND TOOLS
1.2. MARKET BREAKDOWN
1.2.1. BY SEGMENTS
1.2.2. BY GEOGRAPHY
1.2.3. BY STAKEHOLDERS
2. MARKET OVERVIEW AND INSIGHTS
2.2. ANALYST INSIGHTS & CURRENT MARKET TRENDS
2.2.1. KEY FINDINGS
18.104.22.168. UNITED STATES
22.214.171.124. EUROPEAN UNION
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3. MARKET DETERMINANT
3.1.1. INCREASING DEMAND IN AUTOMOBILE SECTOR (BATTERIES AND ELECTRIC VEHICLE)
3.1.2. APPLICATION IN INDUSTRIAL WASTE WATER TREATMENT PLANT
3.1.3. USAGE IN PHARMACEUTICALS, FERTILIZER (AGRICULTURE) MARKETS
3.1.4. APPLICATION IN BLEACHING (PAPER & SUGAR INDUSTRY)
3.1.5. GROWING DEMAND OF THE SULFUR BASED PRODUCTS (IN CELLULOSE FIBER, STEEL MANUFACTURING)
3.2.1. STRICT GOVERNMENT REGULATIONS
3.2.2. ALTERNATIVE OF LEAD ACID BATTERY IN AUTOMOTIVE
3.2.3. VOLATILITY IN PRICES OF RAW MATERIALS (SULFUR)
3.2.4. SAFETY AND ENVIRONMENTAL CONCERN
3.3.1. TECHNOLOGICAL ADVANCEMENT AND INNOVATION IN CATALYST
4. MARKET SEGMENTATION
4.1. GLOBAL SULFURIC ACID MARKET RESEARCH AND ANALYSIS, BY APPLICATION
4.1.1. CHEMICALS MANUFACTURING
4.1.2. METAL PROCESSING
4.1.3. TEXTILE INDUSTRY
4.1.4. PAPER & SUGAR INDUSTRY
4.1.5. AUTOMOTIVE INDUSTRY
4.1.6. FERTILIZER INDUSTRY
4.1.7. OTHER (POWER GENERATION)
4.2. GLOBAL SULFURIC ACID MARKET RESEARCH AND ANALYSIS, BY MANUFACTURING PROCESSES
4.2.1. CONTACT PROCESS
4.2.2. WET SULFURIC ACID PROCESS
4.2.3. OTHER (METABISULFITE METHOD AND MORE)
4.3. GLOBAL SULFURIC ACID MARKET RESEARCH AND ANALYSIS, BY TYPE OF ACID
4.3.1. DILUTE SULFURIC ACID
4.3.2. CONCENTRATED SULFURIC ACID
5. COMPETITIVE LANDSCAPE
5.1. KEY STRATEGIES
5.2. KEY COMPANY ANALYSIS
6. REGIONAL ANALYSIS
6.1. NORTH AMERICAN
6.1.1. UNITED STATES
6.3.4. REST OF APAC
6.4. REST OF THE WORLD
7. COMPANY PROFILES
7.1. AGRIUM INC
7.2. AKZO NOBEL N.V.
7.3. ATUL LTD
7.4. AURUBIS AG
7.5. BASF SE
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Source: EIN Presswire