Sulfuric Acid Size Analysis, Drot, Pest, Porter’s, Region & Country Forecast Till 2027
Reports and Data estimates the global Sulfuric Acid competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2027 as the forecast period. The report offers CAGR and market size for the global Sulfuric Acid during the forecast period.
The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include BASF SE, DuPont, AkzoNobel NV, Solvay, Chemtrade Refinery, Valero Energy, Agrium Inc., PVS Chemical Solution, The Mosaic Company, and Potash Corp., among others.
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Sulfuric Acid Overview :-
The growing global population trend indicates an increasing demand for food, which is likely to increase in the range of 59.0% to 98.0% by 2050, and in turn, would drive the demand for sulfuric acid for the production of phosphate fertilizers.
Growing demand for sulfuric acid in the petroleum reefing process is playing a crucial role in boosting product demand. The petroleum products, when it comes out of the processing units, gasoline require purification treatment as it comprises various types of impurities, spoiling its quality and making it unstable. For example, the trouble in pumping excessively viscous fuel oil from the tank to the burner leads to uneven combustion, improper atomization, and substantial carbon deposits, thus resulting in faulty installation. Moreover, the presence of sediments and water leads to a loss in heat, flames in impulses with the occurrence sparks, and sulfur, which results in corrosion, as well as the production of toxic gases that contaminate the atmosphere. Also, sulfur decreases the calorific value of the fuel oil. Various other impurities, including the ash content and aromatics, may bring about several damages to equipment, including pumps, burner openings, and valves, among others.
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For the purpose of this report Reports and Data has segmented global Sulfuric Acid market on the basis of type, application, and region:
Raw Materials Outlook (Volume, Kilo Tons, Revenue, USD Million; 2017-2027)
- Elemental Sulfur
- Base Metal Smelters
- Pyrite Ore
Distribution Channel Outlook (Volume, Kilo Tons, Revenue, USD Million; 2017-2027)
Application Outlook (Volume, Kilo Tons, Revenue, USD Million; 2017-2027)
- Chemical Production
- Metal Processing
- Petroleum Refining
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
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Key Questions answered by the Report:
- What is the expected year-on-year growth of the Sulfuric Acid during the forecast period?
- What key trends are expected influence revenue growth of the market going ahead?
- Which region is expected to account for largest revenue share over the forecast period?
- Which key companies are profiled in the report?
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