SULFURIC ACID MARKET ANALYSIS

Sulfuric Acid Market, By Raw Material Type (Pyrite Ore, Elemental Sulfur, Base Metal Smelters, and Others), By Application (Fertilizers, Pulp & Paper, Textiles, Chemical Manufacturing, Metal Processing, Automotive Battery Acid, Petroleum Refining, and Others), By Manufacturing Process (Single Contact Process, Wet Contact Process, Lead Chamber Process, and Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa).

Published In : Mar 2024
Code : CMI326
Pages :430
Formats :
Excel and PDF
Industry : Bulk Chemicals

Market Concentration and Competitive Landscape

Sulfuric Acid Market Concentration By Players

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Stringent emission regulations benefiting acid consumption

Growing environmental awareness as well as technological progress are compelling industries towards lowering their carbon footprint and turning greener. Sulfuric acid especially finds increased applicability in meeting emission standards getting stricter by the year. Desulfurization of fuel represents one of its primary application areas presently. Sulfur presents in crude oil and needs removal to manufacture ultra-low sulfur gasoline and diesel mandated under legislation. Sulfuric acid aided hydrodesulfurization allows refiners to reduce sulfur content in transport fuels to extremely low permissible limits. With emission norms being tightened further, including recent IMO regulation capping marine fuel sulfur, the demand for desulfurization is anticipated to rise sharply in the coming years.

Key Players Insights