DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Sulfuric Acid Market by Raw Material, Application and Region - Global Forecast to 2021" report to their offering.
The global sulfuric acid market is projected to reach USD 11.10 billion by 2021, at a CAGR of 2.87%. The market is projected to grow at a CAGR of 2.20% and reach 278.33 million ton by 2021 by volume. Growing use of sulfuric acid in production of fertilizers to produce high agricultural output has led to growing demands for sulfuric acid which in the Asia-Pacific region.
Moreover, balanced demands for sulfuric acid in diversified chemical application such as synthesis of nylon via caprolactam and manufacturing of titanium dioxide will further boost the growth of the sulfuric acid market. Weaker sales due to surplus in the market and strict environmental regulations associated with sulfuric acid due to its toxicological effects are major factor restraining the growth of the sulfuric acid market globally.
The Asia-Pacific region is the fastest-growing market for sulfuric acid, in terms of value and volume. Escalating population which leads to rise in demands for high quality food grains, rapidly thriving chemical manufacturing industries and growing shift of production facilities to the emerging economies of the region; the strong industrial base in the chemical sector, are the major factors contributing to the growth of the sulfuric acid market in this region.
- Agrium Inc.,
- Akzonobel N.V.
- Atul Ltd.
- BASF SE
- Chemtrade Logistics Income Fund
- E. I. Du Pont De Nemours and Company
- ECO Services
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Sulfuric Acid Market, By Raw Material
8 Sulfuric Acid Market, By Application
9 Sulfuric Acid Market, By Region
10 Competitive Landscape
11 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/nlq372/sulfuric_acid