Sulfuric Acid Market Size & Share, by Raw Material (Elemental Sulfur, Base Metal Smelters, Pyrite Ore); Application (Fertilizer, Chemical Manufacturing, Metal Processing, Petroleum Refining, Textile, Automotive) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035
WeylChem International GmbH completed the acquisition and integration of INEOS Sulfur Chemicals Spain SLU, the leading Spanish sulfur chemicals arm of INEOS enterprises. The acquired business has a state-of-the-art facility with an annual production capacity of 350,000 tonnes of sulfuric acid in Bilbao. 'WeylChem Bilbao' is now the sole operator of this newly integrated sulfur business.
For an investment of USD 737.81 million Boliden has announced a plan for the expansion of its zinc smelting plant at Odda in western Norway. A new roaster, a new sulfuric acid plant, and a new cell house would form part of the Odda Facility designed to be able to produce 350,000 tons per year following the plan for a 75 % capacity increase.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 4855
Published Date: Apr 28, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Increasing demand for sulfuric acid from various sectors such as agriculture, chemical manufacturing, fertilizer, and others are the major factors driving the market growth.
The market size of sulfuric acid is anticipated to attain a CAGR of 14.70% over the forecast period, i.e., 2023-2035.
Environmental concerns about using sulfuric acid and sudden hikes in prices are estimated to be the growth-hindering factors for market expansion.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
The major players in the market are Mosaic Company, PotashCorp, Groupe Chimique Tunisien, Maaden - Saudi Arabian Mining Company, OCP Group, PVS Chemicals, Aurubis, Chemtrade Logistics Income Fund, BASF SE, Akzonoble N.V.,
The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue-generating capacity, and the new products being launched into the market by the company.
The market is segmented by raw material, application, and region.
The elemental sulfur segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.