Sulfuric Acid Market in US 2023-2027
Technavio has been monitoring the sulfuric acid market in US and is forecast to grow by $1038.11 mn during 2022-2027, accelerating at a CAGR of 6.68% during the forecast period. Our report on the sulfuric acid market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for sulfuric acid from diversified applications, growing use of sulfuric acid in manufacturing different fertilizers, and growing use of sulfuric acid in making lead-acid batteries.
Technavio's sulfuric acid market in US is segmented as below:
By Raw Material
- Elemental sulfur
- Base metal smelters
- Pyrite ore
- Others
By Application
- Fertilizer
- Chemical production
- Metal processing
- Others
This study identifies the recovery of sulfuric acid at smelters as one of the prime reasons driving the sulfuric acid market growth during the next few years. Also, rise in demand for sulfuric acid from the electronics industry and growing use of sulfuric acid in water treatment will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the sulfuric acid market in US covers the following areas:
- Sulfuric acid market sizing
- Sulfuric acid market forecast
- Sulfuric acid market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading sulfuric acid market vendors that include BASF SE, Cornerstone Chemical Co., Dulany Industries Inc., DuPont de Nemours Inc., Ecovyst Inc., Entegris Inc., Glencore Plc, Hibrett Puratex, Honeywell International Inc., Itafos Inc., Noah Chemicals, Nyrstar, Oxbow Corp., ProChem Inc., PVS Chemicals Inc., TCP Analytical, The Chemical Co., The Mosaic Co., Tronox Holdings Plc, and WeylChem International GmbH. Also, the sulfuric acid market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.