Sulfuric Acid Market in Russia 2022 - Industry Briefing

Sulfuric Acid Market in Russia 2022 - Industry Briefing

Sulfuric acid or sulphuric acid, known in antiquity as oil of vitriol, is a mineral acid composed of the elements sulfur, oxygen and hydrogen, with the molecular formula H₂SO₄. In various concentrations the acid is used in the manufacture of fertilizers, pigments, dyes, drugs, explosives, detergents, and inorganic salts and acids, as well as in petroleum refining and metallurgical processes. According to Gen Consulting Company, the sulfuric acid market in Russia, in terms of volume, is anticipated to progress at a CAGR of 4.1% during the forecast period, 2022-2028.

This industry report offers market estimates of the Russia market, followed by a detailed analysis of the source, application, and federal district. The Russia market data on sulfuric acid can be segmented by source: chemical method, byproduct from non-ferrous metals, byproduct of oil refining. Among these, the chemical method segment was accounted for the largest share of the market in 2021. Sulfuric acid market is further segmented by application: chemicals, extraction of uranium, gold mining, metal processing, paper and pulp, water treatment, others. The chemicals segment is estimated to account for the largest share of the sulfuric acid market in Russia. Based on federal district, the sulfuric acid market is segmented into: Central Federal District, Northwestern Federal District, Southern Federal District, Ural Federal District, Volga Federal District, others.

The Russia sulfuric acid market is highly competitive. The prominent players operating in the Russia sulfuric acid market include Apatit JSC, Balakovo Branch Of JSC Apatit, EUROCHEM-BMU LLC, JSC Karabashmed, JSC Minudobrenia, JSC SUMZ, PG Fosforit OOO.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive coverage of the market across different market segments, the report is a valuable asset for the existing players, new entrants and the future investors.

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