황산 시장 규모, 점유율, 성장 분석 : 원재료별, 용도별, 순도별, 등급별, 지역별 - 산업 예측(2024-2031년)

Global Sulfuric Acid Market size was valued at USD 13.4 billion in 2022 and is poised to grow from USD 14.9 billion in 2023 to USD 38.8 billion by 2031, growing at a CAGR of 11.2% during the forecast period (2024-2031).

The sulfuric acid market is poised for significant growth driven primarily by increasing demands across various sectors, including fertilizers, chemical manufacturing, paper and pulp, petroleum refining, metal processing, and the automotive industry. As agricultural stakeholders focus on enhancing crop yields and food quality, the fertilizer segment is expected to expand, consequently boosting the sulfuric acid market. Notably, the automotive industry is projected to exhibit the highest compound annual growth rate (CAGR) in the coming years, propelled by the rising usage of sulfuric acid in automotive batteries. However, the industry's expansion may encounter challenges from regulatory pressures aimed at promoting environmentally friendly practices and fluctuations in raw material prices, particularly amidst rising demand from phosphate fertilizer producers against a backdrop of limited supply. Moreover, the growth of the H2SO4 market is likely to be fueled by the adoption of regulations such as the New Source Performance Standards (NSPS), which impose stricter controls on emissions of sulfur dioxide, sulfuric acid, particulate matter, and nitrogen oxides from production facilities. Overall, while opportunities for growth are abundant, stakeholders in the sulfuric acid market must navigate regulatory landscapes and supply chain dynamics to leverage the potential of this essential chemical across its diverse applications.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Sulfuric Acid market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Sulfuric Acid Market Segmental Analysis

Global Sulfuric Acid Market is segmented Raw Material, Application, Purity, Grade and Region. Based on Raw Material, the market is segmented By Elemental Sulphur, Base Metal Smelters, Pyrite Ore, Others. Based on Application, the market is segmented into Fertilizers, Chemical Manufacturing, Metal Processing, Petroleum Refining, Textile Industry, Automotive, Paper & Pulp, and Others. Based on Purity, the market is segmented on Standard Grade Sulfuric Acid and Ultra-Pure Sulfuric Acid. Based on Grade, there are Pharma Grade, Technical Grade and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.

Driver of the Global Sulfuric Acid Market

The global sulfuric acid market is significantly influenced by the agricultural sector's need to enhance crop yield while minimizing waste amidst a growing population and limited arable land. This demand for high-quality fertilizers, which rely heavily on sulfuric acid, is propelling market growth. Additionally, sulfuric acid's versatility in various industries-such as metal processing, automotive, paper and pulp manufacturing, petroleum refining, and chemical production-further solidifies its importance as a dehydrating agent, catalyst, and reactant. Particularly, the soaring need for sulfuric acid in the production of phosphate fertilizers is a critical factor driving the expansion of the sulfuric acid market worldwide.

Restraints in the Global Sulfuric Acid Market

The global sulfuric acid market faces significant restraints that impede its growth. An oversupply of materials in the market restricts the sales potential of sulfuric acid, thereby limiting overall market expansion. Additionally, chemical industries are highly regulated due to the severe environmental impacts and health risks associated with the use of sulfuric acid. The hazardous nature of sulfuric acid necessitates stringent compliance with safety regulations, which can further complicate production and distribution processes. These challenges create barriers for manufacturers and can slow the market's development, making it crucial for stakeholders to navigate these restrictions effectively.

Market Trends of the Global Sulfuric Acid Market

The Global Sulfuric Acid market is witnessing significant growth, driven primarily by the increased demand for pesticides and cleaning supplies during and post-pandemic. The critical role of sulfuric acid in manufacturing essential cleaning agents has propelled its consumption as hygiene remains a priority. Although the initial lockdowns curtailed production and demand, the subsequent easing of restrictions has resulted in a swift rebound in sales. As industries ramp up operations to meet rising market needs, the overall outlook for the sulfuric acid market remains optimistic, with sustained growth anticipated in the coming years as global health standards evolve.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Driver & Opportunities
  • Restraints & Challenges
• Porters Analysis & Impact
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Regulatory Landscape
• Value Chain Analysis
• PESTEL Analysis
• Macro-Economic Indicators
• Trade Analysis
• Market Attractiveness Index
• Investment Feasibility Matrix
• Raw Material Analysis
• Supply Chain Analysis
• Pricing Analysis

Global Sulfuric Acid Market Size by Raw Material & CAGR (2024-2031)

• Market Overview
• Elemental Sulphur
• Base Metal Smelters
• Pyrite Ore
• Others

Global Sulfuric Acid Market Size by Application & CAGR (2024-2031)

• Market Overview
• Fertilizers
• Chemical Manufacturing
• Metal Processing
• Petroleum Refining
• Textile Industry
• Automotive
• Paper & Pulp
• Others

Global Sulfuric Acid Market Size by Purity & CAGR (2024-2031)

• Standard Grade Sulfuric Acid
• Ultra-Pure Sulfuric Acid

Global Sulfuric Acid Market by Grade & CAGR (2024-2031)

• Pharma Grade
• Technical Grade
• Others

Global Sulfuric Acid Market Size & CAGR (2024-2031)

• North America, (By Raw Material, By Application, By Purity, By Grade)
  • US
  • Canada
• Europe, (By Raw Material, By Application, By Purity, By Grade)
  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe
• Asia-Pacific, (By Raw Material, By Application, By Purity, By Grade)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America, (By Raw Material, By Application, By Purity, By Grade)
  • Brazil
  • Rest of Latin America
• Middle East & Africa, (By Raw Material, By Application, By Purity, By Grade)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2023
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2023
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

• Mosaic
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nutrien
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• BASF
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Aurubis
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• IFFCO
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Veolia
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• OCP Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Rio Tinto Kennecott
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Lanxess AG
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Jiangxi Copper Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Yunnan Copper
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Jinchuan Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kailin Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mitsubishi Shoji Chemical Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Chemtrade Logistics Income Fund
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Wylton
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Lomon Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Xiang Feng Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Groupe Chimique Tunisien
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Boliden Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendation