硫酸市場 – 2030年までの世界予測

Sulfuric Acid Market - Global Forecast to 2030

硫酸市場 - 原材料(元素硫黄、卑金属製錬所、黄鉄鉱)、用途(肥料​​、化学製造、金属加工、石油精製、繊維、自動車)、地域別 - 2030年までの世界予測
Sulfuric Acid Market by Raw Material (Elemental Sulfur, Base Metal Smelters, Pyrite Ore), Application (Fertilizers, Chemical Manufacturing, Metal Processing, Petroleum Refining, Textiles, and Automotive), and Region - Global Forecast to 2030

商品番号 : SMB-20696

出版社MarketsandMarkets
出版年月2025年8月
ページ数258
図表数335
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

本レポートは、硫酸市場を原材料、グレード、形状、プロセス、用途、地域に基づいて定義、セグメント化し、予測しています。市場の成長を形作る主要要因(牽引要因、制約要因、機会、課題など)について詳細な洞察を提供します。硫酸メーカーを戦略的にプロファイリングし、市場シェアとコアコンピタンスを徹底的に分析するとともに、買収、契約、合弁事業、事業拡大といった競争動向を監視・評価しています。

本レポートは、硫酸市場とそのセグメントの収益に関する最も正確な推定値を提供することで、市場リーダーと新規参入企業を支援することが期待されています。また、市場関係者が市場の競争環境をより深く理解し、ビジネスポジションを強化するための洞察を獲得し、効果的な市場開拓戦略を策定するのに役立つように設計されています。さらに、市場動向の把握を支援し、主要な市場牽引要因、制約要因、課題、そして機会に関する情報を提供します。

世界の硫酸市場は、2025年の412.3億米ドルから2030年には499.4億米ドルに拡大し、予測期間中に3.9%のCAGRで成長すると予測されています。硫酸は、その強い酸性および脱水特性のため、さまざまな分野で使用されている重要な工業用化学物質です。硫酸は主に、元素硫黄や黄鉄鉱などの原料を使用した接触プロセスで製造され、肥料、金属加工、石油精製、繊維、化学製造に使用されています。硫酸市場は、化学製造と石油精製の需要増加に牽引され、着実に成長しています。化学製造では、複数の産業で使用される酸や中間体の製造に重要な役割を果たし、石油精製では、よりクリーンな燃料の製造に役立つアルキル化プロセスを支えています。これらの下流製品に対する需要の高まりと、環境規制の厳格化が、市場の成長を促進する主な要因です。

The global sulfuric acid market is projected to grow from USD 41.23 billion in 2025 to USD 49.94 billion by 2030, at a CAGR of 3.9% during the forecast period. Sulfuric acid is an essential industrial chemical used across various sectors because of its strong acidic and dehydrating properties. It is mainly produced through the contact process using raw materials like elemental sulfur and pyrite ore and is used in fertilizers, metal processing, petroleum refining, textiles, and chemical manufacturing. The sulfuric acid market is steadily growing, driven by increasing demand in chemical manufacturing and petroleum refining. In chemical manufacturing, it plays a crucial role in producing acids and intermediates used in multiple industries, while in petroleum refining, it supports alkylation processes that help create cleaner fuels. The rising need for these downstream products and stricter environmental regulations are key factors fueling market growth.

硫酸市場 - 2030年までの世界予測
sulphuric-acid-market-Overview

“In terms of volume, base metal smelters raw material segment to account for second-largest market share during the forecast period”

The base metal smelters segment is expected to hold the second-largest share in the sulfuric acid market by volume during the forecast period, driven by its crucial role in producing key non-ferrous metals such as copper, zinc, and nickel. During the smelting of these sulfur-rich ores, sulfur dioxide gas is released as a by-product. This gas is then recovered and converted into sulfuric acid using established methods like the contact process, which both reduces harmful emissions and creates a valuable industrial chemical. The increase in demand for base metals—supported by their extensive use in construction, electrical infrastructure, battery manufacturing, and renewable energy technologies—has caused a rise in smelting activities worldwide. Additionally, stringent environmental regulations to cut sulfur emissions have compelled smelters to implement sulfur capture technologies, thereby boosting sulfuric acid recovery. This dual advantage of meeting environmental standards and generating acid makes base metal smelters an increasingly important raw material source in the global sulfuric acid market.

“In terms of volume, chemical manufacturing application segment to account for second-largest market share during forecast period”

The chemical manufacturing segment is expected to hold the second-largest share in the sulfuric acid market by volume during the forecast period, mainly because of the acid’s key role as a feedstock in producing a wide range of industrial chemicals. Sulfuric acid is widely used in creating compounds such as hydrochloric acid, nitric acid, phosphoric acid, and various sulfates, which are important intermediates in making detergents, synthetic resins, dyes, pharmaceuticals, pigments, and explosives. As global demand for these chemicals continues to grow—propelled by expanding end-use industries like textiles, healthcare, plastics, and consumer goods—the need for sulfuric acid has increased accordingly. Furthermore, the steady move toward large-scale chemical production in emerging economies, along with stricter environmental regulations requiring controlled chemical processing, is further boosting the growth of this application segment in the sulfuric acid market.

硫酸市場 - 2030年までの世界予測 region
sulphuric-acid-market-Region

“In terms of volume, Middle East & Africa to account for second-largest market share during forecast period”

The Middle East & Africa is expected to hold the second-largest share by volume in the sulfuric acid market during the forecast period, due to the region’s growing industrial base and increased focus on mineral processing and fertilizer production. Countries across the region are investing in mining and metallurgy projects, especially for extracting and refining metals like copper, zinc, and phosphate—processes that need large amounts of sulfuric acid. Additionally, the rising demand for fertilizers to support food security and agricultural productivity, particularly in African economies, further boosts sulfuric acid consumption. The development of new manufacturing and processing facilities, infrastructure growth, and industrial diversification efforts continue to fuel strong demand for sulfuric acid across various sectors.

Profile break-up of primary participants for the report:

  • By Company Type: Tier 1 – 65%, Tier 2 – 20%, and Tier 3 – 15%
  • By Designation: Directors– 25%, Managers– 30%, and Others – 45%
  • By Region: North America – 30%, Asia Pacific – 40%, Western Europe – 12%, Central & Eastern Europe – 8%, Middle East & Africa – 7%, and South America – 3%

PhosAgro Group (Russia), Aurubis AG (Germany), Mosaic (US), OCP (Morocco), and Jiangxi Copper Corporation (China) are some of the major players operating in the sulfuric acid market. These players have adopted acquisitions, agreements, joint ventures, and expansions to increase their market share and business revenue.

硫酸市場 - 2030年までの世界予測 ecosystem
sulphuric-acid-market-Ecosystem

Research Coverage

The report defines, segments, and projects the sulfuric acid market based on raw material, grade, form type, process, application, and region. It offers detailed insights into the key factors shaping the market’s growth, such as drivers, restraints, opportunities, and challenges. It strategically profiles sulfuric acid manufacturers, thoroughly analyzing their market shares and core competencies, and monitors and evaluates competitive developments like acquisitions, agreements, joint ventures, and expansions.

Reasons to Buy the Report

The report is expected to assist market leaders and new entrants by providing them with the most accurate estimates of revenue figures for the sulfuric acid market and its segments. It is also designed to help stakeholders better understand the market’s competitive landscape, gather insights to enhance their business positions, and develop effective go-to-market strategies. Additionally, it enables stakeholders to grasp the market’s current trends and provides information on key market drivers, restraints, challenges, and opportunities.

The report provides insights into the following points:

  • Analysis of critical drivers (High demand for sulfuric acid in various industries and sectors, and increased use in agriculture sector), restraints (restriction on use of sulfuric acid due to its health and environmental impact, and high import duties and regulations on trade of sulfuric acid), opportunities (increasing use of sulfuric acid in wastewater treatment), and challenges (difficulties involved in transportation of sulfuric acid) influencing the growth of the sulfuric acid market.
  • Product Development/Innovation: Detailed insights into upcoming technologies, research & development activities in the sulfuric acid market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the sulfuric acid market across varied regions.
  • Market Diversification: Exhaustive information about new products, various types, untapped geographies, recent developments, and investments in the sulfuric acid market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players in the sulfuric acid market, such as PhosAgro Group (Russia), Aurubis AG (Germany), Mosaic (US), OCP (Morocco), and Jiangxi Copper Corporation (China).

Table of Contents

1               INTRODUCTION              27

1.1           STUDY OBJECTIVES       27

1.2           MARKET DEFINITION   27

1.3           STUDY SCOPE   28

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      28

1.3.2        INCLUSIONS AND EXCLUSIONS 29

1.3.3        YEARS CONSIDERED      29

1.3.4        CURRENCY CONSIDERED            30

1.3.5        UNITS CONSIDERED      30

1.4           STAKEHOLDERS               30

1.5           SUMMARY OF CHANGES               30

2               RESEARCH METHODOLOGY       31

2.1           RESEARCH DATA              31

2.1.1        SECONDARY DATA          32

2.1.1.1    Key data from secondary sources       32

2.1.2        PRIMARY DATA 32

2.1.2.1    Key data from primary sources           33

2.1.2.2    List of primary interview participants (demand and supply sides)                 33

2.1.2.3    Key industry insights           34

2.1.2.4    Breakdown of interviews with experts               34

2.2           MATRIX CONSIDERED FOR DEMAND-SIDE ANALYSIS                 35

2.3           MARKET SIZE ESTIMATION         35

2.3.1        BOTTOM-UP APPROACH              36

2.3.2        TOP-DOWN APPROACH                36

2.3.2.1    Calculations for supply-side analysis 38

2.4           GROWTH FORECAST      38

2.5           DATA TRIANGULATION                38

2.6           RESEARCH ASSUMPTIONS           39

2.7           RESEARCH LIMITATIONS             40

2.8           RISK ASSESSMENT           40

3               EXECUTIVE SUMMARY  41

4               PREMIUM INSIGHTS       44

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SULFURIC ACID MARKET              44

4.2           SULFURIC ACID MARKET, BY REGION    44

4.3           SULFURIC ACID MARKET, BY APPLICATION        45

4.4           SULFURIC ACID MARKET, BY RAW MATERIAL    45

4.5           SULFURIC ACID MARKET, BY KEY COUNTRY       46

5               MARKET OVERVIEW       47

5.1           INTRODUCTION              47

5.2           MARKET DYNAMICS       47

5.2.1        DRIVERS               48

5.2.1.1    Strong demand for sulfuric acid in numerous applications                 48

5.2.1.2    Increased usage of sulfuric acid in agricultural sector    48

5.2.2        RESTRAINTS      49

5.2.2.1    Restriction on use of sulfuric acid due to health and environmental concerns      49

5.2.2.2    High import duties and regulations on trade of sulfuric acid                 50

5.2.3        OPPORTUNITIES              50

5.2.3.1    Increasing use of sulfuric acid in wastewater treatment 50

5.2.4        CHALLENGES    51

5.2.4.1    Difficulties associated with transportation       51

6               INDUSTRY TRENDS         52

6.1           GLOBAL MACROECONOMIC OUTLOOK                52

6.2           SUPPLY CHAIN ANALYSIS             54

6.2.1        RAW MATERIAL SUPPLY               54

6.2.2        SULFURIC ACID PRODUCTION 55

6.2.3        PRODUCT TYPES             55

6.2.4        DISTRIBUTION NETWORK           55

6.2.5        END-USE INDUSTRIES   55

6.3           ECOSYSTEM ANALYSIS  56

6.4           PORTER’S FIVE FORCES ANALYSIS           57

6.4.1        BARGAINING POWER OF SUPPLIERS       58

6.4.2        BARGAINING POWER OF BUYERS             58

6.4.3        THREAT OF NEW ENTRANTS      58

6.4.4        THREAT OF SUBSTITUTES          59

6.4.5        INTENSITY OF COMPETITIVE RIVALRY 59

6.5           KEY STAKEHOLDERS AND BUYING CRITERIA     59

6.5.1        KEY STAKEHOLDERS IN BUYING PROCESS           59

6.5.2        BUYING CRITERIA           60

6.6           PRICING ANALYSIS          61

6.6.1        AVERAGE SELLING PRICE TREND OF SULFURIC ACID, BY REGION,

2022–2024              61

6.6.2        AVERAGE SELLING PRICE TREND FOR TECHNICAL GRADE, BY KEY PLAYER, 2024     62

6.7           TARIFF AND REGULATORY LANDSCAPE               63

6.7.1        TARIFF ANALYSIS             63

6.7.2        REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             64

6.7.3        STANDARDS AND REGULATIONS             66

6.8           KEY CONFERENCES AND EVENTS, 2025–2026        67

6.9           PATENT ANALYSIS          67

6.9.1        METHODOLOGY              67

6.10         TECHNOLOGY ANALYSIS             71

6.10.1      KEY TECHNOLOGIES     71

6.10.1.1  Wet Gas Sulfuric Acid (WSA) technology        71

6.10.2      ADJACENT TECHNOLOGIES       71

6.10.2.1  GORE SO2 Control System                71

6.11         CASE STUDY ANALYSIS 72

6.11.1      ENHANCING SUSTAINABILITY AND EFFICIENCY THROUGH SULFURIC

ACID REGENERATION   72

6.11.2      BASF STRENGTHENS EUROPE’S SEMICONDUCTOR SUPPLY CHAIN WITH NEW HIGH-PURITY SULFURIC ACID PLANT  73

6.12         TRADE DATA     73

6.12.1      IMPORT SCENARIO (HS CODE 280700)    73

6.12.2      EXPORT SCENARIO (HS CODE 280700)    75

6.13         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            76

6.14         INVESTMENT AND FUNDING SCENARIO               76

6.15         IMPACT OF GENERATIVE AI ON SULFURIC ACID MARKET               77

6.15.1      INTRODUCTION              77

6.15.2      OPTIMIZING SULFURIC ACID PRODUCTION       77

6.15.3      ENABLING PRECISION AGRICULTURE   78

6.15.4      STREAMLINING SUPPLY CHAIN 78

6.15.5      MINIMIZING ENVIRONMENTAL IMPACT               78

6.16         IMPACT OF US TARIFF ON SULFURIC ACID MARKET                 78

6.16.1      KEY TARIFF RATES IMPACTING MARKET              78

6.16.2      PRICE IMPACT ANALYSIS             78

6.16.3      KEY IMPACT ON VARIOUS REGIONS       79

6.16.3.1  US           79

6.16.3.2  Europe   79

6.16.3.3  Asia Pacific            79

6.16.4      IMPACT ON END-USE INDUSTRIES OF SULFURIC ACID                 79

6.16.4.1  Metal processing  79

6.16.4.2  Pulp & paper         80

6.16.4.3  Petroleum refining                80

6.16.4.4  Textiles  80

6.16.4.5  Automotive            80

6.16.4.6  Chemical manufacturing     80

7               SULFURIC ACID MARKET, BY FORM TYPE             81

7.1           INTRODUCTION              81

7.2           CONCENTRATED SULFURIC ACID            81

7.2.1        WIDE-RANGING APPLICABILITY TO ACCELERATE MARKET GROWTH          81

7.3           TOWER/GLOVER ACID  81

7.3.1        SUSTAINED USE OF TRADITIONAL ACID PRODUCTION SETUPS AND SPECIFIC INDUSTRIAL PROCESSES TO BOOST MARKET               81

7.4           CHAMBER/FERTILIZER ACID      82

7.4.1        GROWING DEMAND TO SUPPORT GLOBAL FOOD SECURITY TO PROPEL MARKET                82

7.5           BATTERY ACID 82

7.5.1        SUSTAINED DEMAND FOR LEAD-ACID BATTERIES IN CONVENTIONAL AND BACKUP POWER APPLICATIONS TO DRIVE MARKET 82

7.6           66 DEGREE BAUME SULFURIC ACID        82

7.6.1        REQUIREMENT FOR STANDARDIZED AND QUALITY-CONTROLLED ACID FORMS IN INDUSTRIAL PROCESSING TO FUEL MARKET   82

7.7           DILUTE SULFURIC ACID               83

7.7.1        RISING SAFETY AND REGULATORY CONSIDERATIONS TO PROPEL MARKET      83

8               SULFURIC ACID MARKET, BY GRADE      84

8.1           INTRODUCTION              84

8.2           TECHNICAL GRADE        84

8.2.1        RISING DEMAND IN KEY INDUSTRIAL PROCESSES SUCH AS FERTILIZER MANUFACTURING TO ACCELERATE MARKET GROWTH             84

8.3           BATTERY GRADE             84

8.3.1        GROWING PRODUCTION AND ADOPTION OF LEAD-ACID BATTERIES IN AUTOMOTIVE, INDUSTRIAL, AND BACKUP POWER APPLICATIONS TO FUEL MARKET           84

8.4           CP GRADE (CHEMICALLY PURE)               85

8.4.1        INCREASING NEED FOR ULTRA-PURE CHEMICAL INPUTS IN HIGH-PRECISION SECTORS TO DRIVE MARKET                 85

9               SULFURIC ACID MARKET, BY PROCESS  86

9.1           INTRODUCTION              86

9.2           CONTACT PROCESS       86

9.2.1        WIDESPREAD INDUSTRIAL ACCEPTANCE AND OPERATIONAL RELIABILITY TO ACCELERATE MARKET GROWTH             86

9.3           DOUBLE CONTACT DOUBLE ABSORPTION (DCDA)                 86

9.3.1        INCREASING EMPHASIS ON ENVIRONMENTAL COMPLIANCE AND PRODUCTION EFFICIENCY TO FUEL MARKET               86

10            SULFURIC ACID MARKET, BY RAW MATERIAL    87

10.1         INTRODUCTION              88

10.2         ELEMENTAL SULFUR     89

10.2.1      ABUNDANT SUPPLY FROM OIL AND GAS REFINING TO ACCELERATE MARKET GROWTH              89

10.3         PYRITE ORE        89

10.3.1      LOCAL AVAILABILITY IN MINING REGIONS TO FUEL MARKET               89

10.4         BASE METAL SMELTERS                89

10.4.1      INCREASING ENFORCEMENT OF ENVIRONMENTAL REGULATIONS AND INDUSTRY PUSH FOR CLEANER OPERATIONS TO DRIVE MARKET             89

10.5         OTHER RAW MATERIALS              90

11            SULFURIC ACID MARKET, BY APPLICATION        91

11.1         INTRODUCTION              92

11.2         FERTILIZERS      94

11.2.1      INCREASING DEMAND DRIVEN BY GLOBAL FOOD SECURITY CONCERNS AND INTENSIFIED AGRICULTURAL PRACTICES TO ACCELERATE MARKET  94

11.3         METAL PROCESSING      96

11.3.1      RISING DEMAND FOR BASE AND PRECIOUS METALS DRIVEN BY INDUSTRIAL GROWTH AND CLEAN ENERGY TRANSITION TO FUEL MARKET                 96

11.4         PULP & PAPER  98

11.4.1      RISING DEMAND FOR PACKAGING AND HYGIENE PRODUCTS TO DRIVE MARKET 98

11.5         PETROLEUM REFINING 99

11.5.1      INCREASING DEMAND FOR HIGH-OCTANE, LOW-EMISSION FUELS TO BOOST MARKET    99

11.6         TEXTILE               101

11.6.1      RISING PRODUCTION IN EMERGING ECONOMIES AND INCREASING DEMAND FOR HIGH-QUALITY AND FUNCTIONAL FABRICS TO FUEL MARKET         101

11.7         AUTOMOTIVE   103

11.7.1      SUSTAINED DEMAND FOR LEAD-ACID BATTERIES IN CONVENTIONAL AND HYBRID VEHICLES TO FUEL MARKET                 103

11.8         CHEMICAL MANUFACTURING   104

11.8.1      INCREASING PRODUCTION OF DIVERSE INDUSTRIAL AND SPECIALTY CHEMICALS TO PROPEL MARKET          104

11.9         OTHER APPLICATIONS 106

12            SULFURIC ACID MARKET, BY REGION    108

12.1         INTRODUCTION              109

12.2         ASIA PACIFIC     111

12.2.1      CHINA  114

12.2.1.1  Significant fertilizer production to meet vast demand from agriculture to drive market 114

12.2.2      JAPAN   116

12.2.2.1  Demand from electronics, food processing, and precision metal treatment sectors to boost market     116

12.2.3      INDIA    118

12.2.3.1  Rising fertilizer production aligned with growing agricultural sector to fuel market             118

12.2.4      INDONESIA        120

12.2.4.1  Increasing fertilizer production and mineral processing to boost market    120

12.2.5      SOUTH KOREA  121

12.2.5.1  Expanding demand in semiconductors, battery, and electronics sectors to drive market         121

12.2.6      REST OF ASIA PACIFIC   123

12.3         NORTH AMERICA             126

12.3.1      US           129

12.3.1.1  Large-scale agricultural exports increasing demand for fertilizer to fuel market growth           129

12.3.2      CANADA               131

12.3.2.1  Robust fertilizer production and large-scale agricultural exports to propel market   131

12.3.3      MEXICO                133

12.3.3.1  Strong agricultural activity and rising demand for phosphate-based fertilizers to fuel market growth              133

12.4         WESTERN EUROPE          135

12.4.1      GERMANY           138

12.4.1.1  Strong chemical manufacturing and automotive sectors to fuel market    138

12.4.2      ITALY    140

12.4.2.1  Growth of chemical, textile, and automotive sectors to boost market    140

12.4.3      FRANCE                141

12.4.3.1  Rising manufacture of chemicals and automotive to drive demand                 141

12.4.4      UK          143

12.4.4.1  Focus on chemical manufacturing, battery production, and industrial environmental compliance to drive market    143

12.4.5      SPAIN    145

12.4.5.1  Extensive agricultural production and high demand for fertilizers to drive market      145

12.4.6      REST OF WESTERN EUROPE       146

12.5         CENTRAL & EASTERN EUROPE  149

12.5.1      RUSSIA 151

12.5.1.1  Large-scale fertilizer production and integrated chemical industry to fuel market        151

12.5.2      TURKIYE              153

12.5.2.1  Expanding agricultural base and chemical industry to propel market    153

12.5.3      REST OF CENTRAL & EASTERN EUROPE                155

12.6         MIDDLE EAST & AFRICA                157

12.6.1      GCC COUNTRIES              160

12.6.1.1  Saudi Arabia          160

12.6.1.1.1                Demand from chemical manufacturing and petroleum refining industries to drive market    160

12.6.1.2  UAE        162

12.6.1.2.1                Robust demand from petroleum refining and industrial chemical manufacturing to propel market growth           162

12.6.1.3  Rest of GCC countries         164

12.6.2      MOROCCO          164

12.6.2.1  Largest phosphate reserves to boost fertilizer production                 164

12.6.3      REST OF MIDDLE EAST & AFRICA             166

12.7         SOUTH AMERICA             168

12.7.1      BRAZIL 170

12.7.1.1  Large-scale fertilizer production and agricultural output to propel market    170

12.7.2      ARGENTINA       172

12.7.2.1  Production of phosphate-based fertilizers to meet major crop nutrient requirements to fuel market                172

12.7.3      CHILE   174

12.7.3.1  Demand for petroleum refining and chemical manufacturing to drive market          174

12.7.4      REST OF SOUTH AMERICA           175

13            COMPETITIVE LANDSCAPE         178

13.1         INTRODUCTION              178

13.2         KEY PLAYER STRATEGIES/RIGHT TO WIN            178

13.3         REVENUE ANALYSIS       179

13.3.1      TOP 5 PLAYERS’ REVENUE ANALYSIS, 2020–2024 180

13.4         MARKET SHARE ANALYSIS           181

13.4.1      RANKING OF KEY MARKET PLAYERS, 2024             181

13.4.2      MARKET SHARE OF KEY PLAYERS, 2024  181

13.5         BRAND/PRODUCT COMPARISON             185

13.6         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 186

13.6.1      STARS   186

13.6.2      EMERGING LEADERS     186

13.6.3      PERVASIVE PLAYERS      186

13.6.4      PARTICIPANTS 187

13.6.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         188

13.6.5.1  Company footprint               188

13.6.5.2  Region footprint   189

13.6.5.3  Application footprint            190

13.6.5.4  Grade footprint     191

13.6.5.5  Raw material footprint         192

13.7         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024        193

13.7.1      PROGRESSIVE COMPANIES         193

13.7.2      RESPONSIVE COMPANIES            193

13.7.3      DYNAMIC COMPANIES  193

13.7.4      STARTING BLOCKS         193

13.7.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024                 195

13.7.5.1  Detailed list of key startups/SMES   195

13.7.5.2  Competitive benchmarking of key startups/SMEs          195

13.8         COMPETITIVE SCENARIO             196

13.8.1      DEALS  196

13.8.2      EXPANSIONS     197

13.9         VALUATION AND FINANCIAL METRICS 198

14            COMPANY PROFILES      201

14.1         KEY PLAYERS     201

14.1.1      MOSAIC                201

14.1.1.1  Business overview 201

14.1.1.2  Products/Solutions/Services offered 202

14.1.1.3  MnM view              203

14.1.1.3.1                Right to win           203

14.1.1.3.2                Strategic choices   203

14.1.1.3.3                Weaknesses and competitive threats 203

14.1.2      JIANGXI COPPER CORPORATION              204

14.1.2.1  Business overview 204

14.1.2.2  Products/Solutions/Services offered 205

14.1.2.3  MnM view              206

14.1.2.3.1                Right to win           206

14.1.2.3.2                Strategic choices   206

14.1.2.3.3                Weaknesses and competitive threats 206

14.1.3      OCP       207

14.1.3.1  Business overview 207

14.1.3.2  Products/Solutions/Services offered 208

14.1.3.3  MnM view              209

14.1.3.3.1                Right to win           209

14.1.3.3.2                Strategic choices   209

14.1.3.3.3                Weaknesses and competitive threats 209

14.1.4      PHOSAGRO GROUP        210

14.1.4.1  Business overview 210

14.1.4.2  Products/Solutions/Services offered 211

14.1.4.3  MnM view              211

14.1.4.3.1                Right to win           211

14.1.4.3.2                Strategic choices   211

14.1.4.3.3                Weaknesses and competitive threats 212

14.1.5      AURUBIS AG       213

14.1.5.1  Business overview 213

14.1.5.2  Products/Solutions/Services offered 214

14.1.5.3  MnM view              215

14.1.5.3.1                Right to win           215

14.1.5.3.2                Strategic choices   215

14.1.5.3.3                Weaknesses and competitive threats 215

14.1.6      BASF      216

14.1.6.1  Business overview 216

14.1.6.2  Products/Solutions/Services offered 217

14.1.6.3  Recent developments           218

14.1.6.3.1                Deals      218

14.1.6.3.2                Expansions             218

14.1.7      CHEMTRADE LOGISTICS              219

14.1.7.1  Business overview 219

14.1.7.2  Products/Solutions/Services offered 220

14.1.7.3  Recent developments           221

14.1.7.3.1                Deals      221

14.1.8      NOURYON           222

14.1.8.1  Business overview 222

14.1.8.2  Products/Solutions/Services offered 222

14.1.9      Q-ACID 224

14.1.9.1  Business overview 224

14.1.9.2  Products/Solutions/Services offered 224

14.1.10   LANXESS              225

14.1.10.1                 Business overview 225

14.1.10.2                 Products/Solutions/Services offered 226

14.1.11   PVS CHEMICALS               228

14.1.11.1                 Business overview 228

14.1.11.2                 Products/Solutions/Services offered 228

14.1.12   MITSUBISHI SHOJI CHEMICAL CORPORATION  230

14.1.12.1                 Business overview 230

14.1.12.2                 Products/Solutions/Services offered 230

14.1.13   WEYLCHEM INTERNATIONAL GMBH     231

14.1.13.1                 Business overview 231

14.1.13.2                 Products/Solutions/Services offered 231

14.1.14   CHINA PETROLEUM & CHEMICAL CORPORATION                 232

14.1.14.1                 Business overview 232

14.1.14.2                 Products/Solutions/Services offered 233

14.1.15   KOREAZINC        234

14.1.15.1                 Business overview 234

14.1.15.2                 Products/Solutions/Services offered 235

14.1.16   TOAGOSEI CO., LTD.      236

14.1.16.1                 Business overview 236

14.1.16.2                 Products/Solutions/Services offered 237

14.1.17   OCCL LIMITED 238

14.1.17.1                 Business overview 238

14.1.17.2                 Products/Solutions/Services offered 239

14.1.18   AMAL LTD           240

14.1.18.1                 Business overview 240

14.1.18.2                 Products/Solutions/Services offered 241

14.1.19   ECOVYST INC.   242

14.1.19.1                 Business overview 242

14.1.19.2                 Products/Solutions/Services offered 243

14.1.19.3                 Recent developments           243

14.1.19.3.1             Deals      243

14.1.20   BOLIDEN GROUP             244

14.1.20.1                 Business overview 244

14.1.20.2                 Products/Solutions/Services offered 245

14.2         OTHER PLAYERS              246

14.2.1      ÁCIDOS Y MINERALES DE VENEZUELA C.A.          246

14.2.2      INDUSTRIAS BÁSICAS DE CALDAS S.A.   246

14.2.3      DEXO CHEM LABORATORIES     247

14.2.4      PCIPL    247

15            ADJACENT AND RELATED MARKETS      248

15.1         INTRODUCTION              248

15.2         LIMITATIONS    248

15.3         INTERCONNECTED MARKETS   248

15.4         HIGH PURITY SULFURIC ACID MARKET 248

15.4.1      MARKET DEFINITION   248

15.4.2      MARKET OVERVIEW       249

15.4.3      HIGH PURITY SULFURIC ACID MARKET, BY GRADE                 249

15.5         PPB        250

15.5.1      CRUCIAL ROLE IN TRACE METAL ANALYSIS TECHNIQUES TO PROPEL MARKET         250

15.6         PPT        250

15.6.1      DEMAND FOR HIGH-END MICROCHIPS, DISPLAY PANELS, AND

NEXT-GENERATION INTEGRATED CIRCUITS TO DRIVE MARKET               250

16            APPENDIX           251

16.1         DISCUSSION GUIDE        251

16.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                254

16.3         CUSTOMIZATION OPTIONS        256

16.4         RELATED REPORTS         256

16.5         AUTHOR DETAILS           257

LIST OF TABLES

TABLE 1                SULFURIC ACID MARKET SNAPSHOT: 2025 VS. 2030        41

TABLE 2                REAL GDP GROWTH, BY KEY COUNTRY, 2022–2024 (%)                52

TABLE 3                UNEMPLOYMENT RATE, BY KEY COUNTRY, 2022–2024 (%)     53

TABLE 4                INFLATION RATE BASED ON AVERAGE CONSUMER PRICES, BY KEY COUNTRY, 2022–2024 (%)    53

TABLE 5                FOREIGN DIRECT INVESTMENT, BY REGION, 2022 AND 2023 (USD BILLION)   54

TABLE 6                ROLES OF COMPANIES IN SULFURIC ACID ECOSYSTEM       56

TABLE 7                SULFURIC ACID MARKET: PORTER’S FIVE FORCES ANALYSIS           58

TABLE 8                INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USE INDUSTRY (%)   60

TABLE 9                KEY BUYING CRITERIA, BY END-USE INDUSTRY                 60

TABLE 10              AVERAGE SELLING PRICE TREND, BY REGION, 2022–2024 (USD/TON)    61

TABLE 11              AVERAGE SELLING PRICE TREND FOR TECHNICAL GRADE, BY KEY PLAYER,

2024 (USD/TON)               62

TABLE 12              TARIFF ANALYSIS RELATED TO HS CODE 280700-COMPLIANT PRODUCTS,

BY COUNTRY, 2024           63

TABLE 13              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 64

TABLE 14              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           64

TABLE 15              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 65

TABLE 16              REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 65

TABLE 17              SULFURIC ACID MARKET: STANDARDS AND REGULATIONS  66

TABLE 18              SULFURIC ACID MARKET: KEY CONFERENCES AND EVENTS, 2025–2026                 67

TABLE 19              SULFURIC ACID MARKET: LIST OF MAJOR PATENTS, 2014–2024        69

TABLE 20              IMPORT DATA FOR HS CODE 280700-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2021–2024 (USD THOUSAND)      74

TABLE 21              EXPORT DATA FOR HS CODE 280700-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2021–2024 (USD THOUSAND)      75

TABLE 22              SULFURIC ACID MARKET, BY RAW MATERIAL, 2021–2024 (MILLION TONS)         88

TABLE 23              SULFURIC ACID MARKET, BY RAW MATERIAL, 2025–2030 (MILLION TONS)         89

TABLE 24              SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (USD MILLION)            93

TABLE 25              SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (USD MILLION)            93

TABLE 26              SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (MILLION TONS)         94

TABLE 27              SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (MILLION TONS)         94

TABLE 28              FERTILIZERS: SULFURIC ACID MARKET, BY REGION, 2021–2024 (USD MILLION)          95

TABLE 29              FERTILIZERS: SULFURIC ACID MARKET, BY REGION, 2025–2030 (USD MILLION)          95

TABLE 30              FERTILIZERS: SULFURIC ACID MARKET, BY REGION, 2021–2024 (MILLION TONS)      95

TABLE 31              FERTILIZERS: SULFURIC ACID MARKET, BY REGION, 2025–2030 (MILLION TONS)      96

TABLE 32              METAL PROCESSING: SULFURIC ACID MARKET, BY REGION,

2021–2024 (USD MILLION)            96

TABLE 33              METAL PROCESSING: SULFURIC ACID MARKET, BY REGION,

2025–2030 (USD MILLION)            97

TABLE 34              METAL PROCESSING: SULFURIC ACID MARKET, BY REGION,

2021–2024 (MILLION TONS)         97

TABLE 35              METAL PROCESSING: SULFURIC ACID MARKET, BY REGION,

2025–2030 (MILLION TONS)         97

TABLE 36              PULP & PAPER: SULFURIC ACID MARKET, BY REGION, 2021–2024 (USD MILLION)          98

TABLE 37              PULP & PAPER: SULFURIC ACID MARKET, BY REGION, 2025–2030 (USD MILLION)          98

TABLE 38              PULP & PAPER: SULFURIC ACID MARKET, BY REGION, 2021–2024 (MILLION TONS)      99

TABLE 39              PULP & PAPER: SULFURIC ACID MARKET, BY REGION, 2025–2030 (MILLION TONS)      99

TABLE 40              PETROLEUM REFINING: SULFURIC ACID MARKET, BY REGION,

2021–2024 (USD MILLION)            100

TABLE 41              PETROLEUM REFINING: SULFURIC ACID MARKET, BY REGION,

2025–2030 (USD MILLION)            100

TABLE 42              PETROLEUM REFINING: SULFURIC ACID MARKET, BY REGION,

2021–2024 (MILLION TONS)         100

TABLE 43              PETROLEUM REFINING: SULFURIC ACID MARKET, BY REGION,

2025–2030 (MILLION TONS)         101

TABLE 44              TEXTILE: SULFURIC ACID MARKET, BY REGION, 2021–2024 (USD MILLION)            101

TABLE 45              TEXTILE: SULFURIC ACID MARKET, BY REGION, 2025–2030 (USD MILLION)            102

TABLE 46              TEXTILE: SULFURIC ACID MARKET, BY REGION, 2021–2024 (MILLION TONS)         102

TABLE 47              TEXTILE: SULFURIC ACID MARKET, BY REGION, 2025–2030 (MILLION TONS)         102

TABLE 48              AUTOMOTIVE: SULFURIC ACID MARKET, BY REGION, 2021–2024 (USD MILLION)          103

TABLE 49              AUTOMOTIVE: SULFURIC ACID MARKET, BY REGION, 2025–2030 (USD MILLION)          103

TABLE 50              AUTOMOTIVE: SULFURIC ACID MARKET, BY REGION, 2021–2024 (MILLION TONS)      104

TABLE 51              AUTOMOTIVE: SULFURIC ACID MARKET, BY REGION, 2025–2030 (MILLION TONS)      104

TABLE 52              CHEMICAL MANUFACTURING: SULFURIC ACID MARKET, BY REGION,

2021–2024 (USD MILLION)            105

TABLE 53              CHEMICAL MANUFACTURING: SULFURIC ACID MARKET, BY REGION,

2025–2030 (USD MILLION)            105

TABLE 54              CHEMICAL MANUFACTURING: SULFURIC ACID MARKET, BY REGION,

2021–2024 (MILLION TONS)         105

TABLE 55              CHEMICAL MANUFACTURING: SULFURIC ACID MARKET, BY REGION,

2025–2030 (MILLION TONS)         106

TABLE 56              OTHER APPLICATIONS: SULFURIC ACID MARKET, BY REGION,

2021–2024 (USD MILLION)            106

TABLE 57              OTHER APPLICATIONS: SULFURIC ACID MARKET, BY REGION,

2025–2030 (USD MILLION)            107

TABLE 58              OTHER APPLICATIONS: SULFURIC ACID MARKET, BY REGION,

2021–2024 (MILLION TONS)         107

TABLE 59              OTHER APPLICATIONS: SULFURIC ACID MARKET, BY REGION,

2025–2030 (MILLION TONS)         107

TABLE 60              SULFURIC ACID MARKET, BY REGION, 2021–2024 (USD MILLION) 109

TABLE 61              SULFURIC ACID MARKET, BY REGION, 2025–2030 (USD MILLION) 110

TABLE 62              SULFURIC ACID MARKET, BY REGION, 2021–2024 (MILLION TONS)              110

TABLE 63              SULFURIC ACID MARKET, BY REGION, 2025–2030 (MILLION TONS)              110

TABLE 64              ASIA PACIFIC: SULFURIC ACID MARKET, BY COUNTRY, 2021–2024 (USD MILLION)     112

TABLE 65              ASIA PACIFIC: SULFURIC ACID MARKET, BY COUNTRY, 2025–2030 (USD MILLION)     112

TABLE 66              ASIA PACIFIC: SULFURIC ACID MARKET, BY COUNTRY, 2021–2024 (MILLION TONS)  112

TABLE 67              ASIA PACIFIC: SULFURIC ACID MARKET, BY COUNTRY, 2025–2030 (MILLION TONS)  113

TABLE 68              ASIA PACIFIC: SULFURIC ACID MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            113

TABLE 69              ASIA PACIFIC: SULFURIC ACID MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            113

TABLE 70              ASIA PACIFIC: SULFURIC ACID MARKET, BY APPLICATION,

2021–2024 (MILLION TONS)         114

TABLE 71              ASIA PACIFIC: SULFURIC ACID MARKET, BY APPLICATION,

2025–2030 (MILLION TONS)         114

TABLE 72              CHINA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              115

TABLE 73              CHINA: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              115

TABLE 74              CHINA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (MILLION TONS)          115

TABLE 75              CHINA: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (MILLION TONS)          116

TABLE 76              JAPAN: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              116

TABLE 77              JAPAN: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              117

TABLE 78              JAPAN: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (MILLION TONS)          117

TABLE 79              JAPAN: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (MILLION TONS)          117

TABLE 80              INDIA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              118

TABLE 81              INDIA: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              119

TABLE 82              INDIA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (MILLION TONS)          119

TABLE 83              INDIA: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (MILLION TONS)          119

TABLE 84              INDONESIA: SULFURIC ACID MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            120

TABLE 85              INDONESIA: SULFURIC ACID MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            120

TABLE 86              INDONESIA: SULFURIC ACID MARKET, BY APPLICATION,

2021–2024 (MILLION TONS)         121

TABLE 87              INDONESIA: SULFURIC ACID MARKET, BY APPLICATION,

2025–2030 (MILLION TONS)         121

TABLE 88              SOUTH KOREA: SULFURIC ACID MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            122

TABLE 89              SOUTH KOREA: SULFURIC ACID MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            122

TABLE 90              SOUTH KOREA: SULFURIC ACID MARKET, BY APPLICATION,

2021–2024 (MILLION TONS)         123

TABLE 91              SOUTH KOREA: SULFURIC ACID MARKET, BY APPLICATION,

2025–2030 (MILLION TONS)         123

TABLE 92             REST OF ASIA PACIFIC: SULFURIC ACID MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            124

TABLE 93             REST OF ASIA PACIFIC: SULFURIC ACID MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            124

TABLE 94             REST OF ASIA PACIFIC: SULFURIC ACID MARKET, BY APPLICATION,

2021–2024 (MILLION TONS)         125

TABLE 95             REST OF ASIA PACIFIC: SULFURIC ACID MARKET, BY APPLICATION,

2025–2030 (MILLION TONS)         125

TABLE 96              NORTH AMERICA: SULFURIC ACID MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            127

TABLE 97              NORTH AMERICA: SULFURIC ACID MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            127

TABLE 98              NORTH AMERICA: SULFURIC ACID MARKET, BY COUNTRY,

2021–2024 (MILLION TONS)         127

TABLE 99              NORTH AMERICA: SULFURIC ACID MARKET, BY COUNTRY,

2025–2030 (MILLION TONS)         127

TABLE 100            NORTH AMERICA: SULFURIC ACID MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            128

TABLE 101            NORTH AMERICA: SULFURIC ACID MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            128

TABLE 102            NORTH AMERICA: SULFURIC ACID MARKET, BY APPLICATION,

2021–2024 (MILLION TONS)         129

TABLE 103            NORTH AMERICA: SULFURIC ACID MARKET, BY APPLICATION,

2025–2030 (MILLION TONS)         129

TABLE 104            US: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (USD MILLION)            130

TABLE 105            US: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (USD MILLION)            130

TABLE 106            US: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (MILLION TONS)         130

TABLE 107            US: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (MILLION TONS)         131

TABLE 108            CANADA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              132

TABLE 109            CANADA: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              132

TABLE 110            CANADA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (MILLION TONS)          132

TABLE 111            CANADA: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (MILLION TONS)          133

TABLE 112            MEXICO: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              133

TABLE 113            MEXICO: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              134

TABLE 114            MEXICO: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (MILLION TONS)          134

TABLE 115            MEXICO: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (MILLION TONS)          134

TABLE 116            WESTERN EUROPE: SULFURIC ACID MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            135

TABLE 117            WESTERN EUROPE: SULFURIC ACID MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            135

TABLE 118            WESTERN EUROPE: SULFURIC ACID MARKET, BY COUNTRY,

2021–2024 (MILLION TONS)         136

TABLE 119            WESTERN EUROPE: SULFURIC ACID MARKET, BY COUNTRY,

2025–2030 (MILLION TONS)         136

TABLE 120            WESTERN EUROPE: SULFURIC ACID MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            136

TABLE 121            WESTERN EUROPE: SULFURIC ACID MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            137

TABLE 122            WESTERN EUROPE: SULFURIC ACID MARKET, BY APPLICATION,

2021–2024 (MILLION TONS)         137

TABLE 123            WESTERN EUROPE: SULFURIC ACID MARKET, BY APPLICATION,

2025–2030 (MILLION TONS)         138

TABLE 124            GERMANY: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              138

TABLE 125            GERMANY: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              139

TABLE 126            GERMANY: SULFURIC ACID MARKET, BY APPLICATION,

2021–2024 (MILLION TONS)         139

TABLE 127            GERMANY: SULFURIC ACID MARKET, BY APPLICATION,

2025–2030 (MILLION TONS)         139

TABLE 128            ITALY: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              140

TABLE 129            ITALY: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              140

TABLE 130            ITALY: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (MILLION TONS)          141

TABLE 131            ITALY: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (MILLION TONS)          141

TABLE 132            FRANCE: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              142

TABLE 133            FRANCE: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              142

TABLE 134            FRANCE: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (MILLION TONS)          142

TABLE 135            FRANCE: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (MILLION TONS)          143

TABLE 136            UK: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (USD MILLION)            143

TABLE 137            UK: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (USD MILLION)            144

TABLE 138            UK: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (MILLION TONS)         144

TABLE 139            UK: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (MILLION TONS)         144

TABLE 140            SPAIN: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              145

TABLE 141            SPAIN: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              145

TABLE 142            SPAIN: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (MILLION TONS)          146

TABLE 143            SPAIN: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (MILLION TONS)          146

TABLE 144            REST OF WESTERN EUROPE: SULFURIC ACID MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            147

TABLE 145            REST OF WESTERN EUROPE: SULFURIC ACID MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            147

TABLE 146            REST OF WESTERN EUROPE: SULFURIC ACID MARKET, BY APPLICATION,

2021–2024 (MILLION TONS)         148

TABLE 147            REST OF WESTERN EUROPE: SULFURIC ACID MARKET, BY APPLICATION,

2025–2030 (MILLION TONS)         148

TABLE 148            CENTRAL & EASTERN EUROPE: SULFURIC ACID MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            149

TABLE 149            CENTRAL & EASTERN EUROPE: SULFURIC ACID MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            149

TABLE 150            CENTRAL & EASTERN EUROPE: SULFURIC ACID MARKET, BY COUNTRY,

2021–2024 (MILLION TONS)         149

TABLE 151            CENTRAL & EASTERN EUROPE: SULFURIC ACID MARKET, BY COUNTRY,

2025–2030 (MILLION TONS)         150

TABLE 152            CENTRAL & EASTERN EUROPE: SULFURIC ACID MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            150

TABLE 153            CENTRAL & EASTERN EUROPE: SULFURIC ACID MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            150

TABLE 154            CENTRAL & EASTERN EUROPE: SULFURIC ACID MARKET, BY APPLICATION,

2021–2024 (MILLION TONS)         151

TABLE 155            CENTRAL & EASTERN EUROPE: SULFURIC ACID MARKET, BY APPLICATION,

2025–2030 (MILLION TONS)         151

TABLE 156            RUSSIA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              152

TABLE 157            RUSSIA: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              152

TABLE 158            RUSSIA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (MILLION TONS)          152

TABLE 159            RUSSIA: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (MILLION TONS)          153

TABLE 160            TURKIYE: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              153

TABLE 161            TURKIYE: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              154

TABLE 162            TURKIYE: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (MILLION TONS)          154

TABLE 163            TURKIYE: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (MILLION TONS)          154

TABLE 164            REST OF CENTRAL & EASTERN EUROPE: SULFURIC ACID MARKET,

BY APPLICATION, 2021–2024 (USD MILLION)       155

TABLE 165            REST OF CENTRAL & EASTERN EUROPE: SULFURIC ACID MARKET,

BY APPLICATION, 2025–2030 (USD MILLION)       155

TABLE 166            REST OF CENTRAL & EASTERN EUROPE: SULFURIC ACID MARKET,

BY APPLICATION, 2021–2024 (MILLION TONS)    156

TABLE 167            REST OF CENTRAL & EASTERN EUROPE: SULFURIC ACID MARKET,

BY APPLICATION, 2025–2030 (MILLION TONS)    156

TABLE 168            MIDDLE EAST & AFRICA: SULFURIC ACID MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            157

TABLE 169            MIDDLE EAST & AFRICA: SULFURIC ACID MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            157

TABLE 170            MIDDLE EAST & AFRICA: SULFURIC ACID MARKET, BY COUNTRY,

2021–2024 (MILLION TONS)         158

TABLE 171            MIDDLE EAST & AFRICA: SULFURIC ACID MARKET, BY COUNTRY,

2025–2030 (MILLION TONS)         158

TABLE 172            MIDDLE EAST & AFRICA: SULFURIC ACID MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            158

TABLE 173            MIDDLE EAST & AFRICA: SULFURIC ACID MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            159

TABLE 174            MIDDLE EAST & AFRICA: SULFURIC ACID MARKET, BY APPLICATION,

2021–2024 (MILLION TONS)         159

TABLE 175            MIDDLE EAST & AFRICA: SULFURIC ACID MARKET, BY APPLICATION,

2025–2030 (MILLION TONS)         160

TABLE 176            SAUDI ARABIA: SULFURIC ACID MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            161

TABLE 177            SAUDI ARABIA: SULFURIC ACID MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            161

TABLE 178            SAUDI ARABIA: SULFURIC ACID MARKET, BY APPLICATION,

2021–2024 (MILLION TONS)         161

TABLE 179            SAUDI ARABIA: SULFURIC ACID MARKET, BY APPLICATION,

2025–2030 (MILLION TONS)         162

TABLE 180            UAE: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              162

TABLE 181            UAE: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              163

TABLE 182            UAE: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (MILLION TONS)          163

TABLE 183            UAE: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (MILLION TONS)          163

TABLE 184            MOROCCO: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              164

TABLE 185            MOROCCO: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              165

TABLE 186            MOROCCO: SULFURIC ACID MARKET, BY APPLICATION,

2021–2024 (MILLION TONS)         165

TABLE 187            MOROCCO: SULFURIC ACID MARKET, BY APPLICATION,

2025–2030 (MILLION TONS)         165

TABLE 188            REST OF MIDDLE EAST & AFRICA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (USD MILLION)                 166

TABLE 189            REST OF MIDDLE EAST & AFRICA: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (USD MILLION)                 166

TABLE 190            REST OF MIDDLE EAST & AFRICA: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (MILLION TONS)                 167

TABLE 191            REST OF MIDDLE EAST & AFRICA: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (MILLION TONS)                 167

TABLE 192            SOUTH AMERICA: SULFURIC ACID MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            168

TABLE 193            SOUTH AMERICA: SULFURIC ACID MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            168

TABLE 194            SOUTH AMERICA: SULFURIC ACID MARKET, BY COUNTRY,

2021–2024 (MILLION TONS)         168

TABLE 195            SOUTH AMERICA: SULFURIC ACID MARKET, BY COUNTRY,

2025–2030 (MILLION TONS)         169

TABLE 196            SOUTH AMERICA: SULFURIC ACID MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            169

TABLE 197            SOUTH AMERICA: SULFURIC ACID MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            169

TABLE 198            SOUTH AMERICA: SULFURIC ACID MARKET, BY APPLICATION,

2021–2024 (MILLION TONS)         170

TABLE 199            SOUTH AMERICA: SULFURIC ACID MARKET, BY APPLICATION,

2025–2030 (MILLION TONS)         170

TABLE 200            BRAZIL: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              171

TABLE 201            BRAZIL: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              171

TABLE 202            BRAZIL: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (MILLION TONS)          171

TABLE 203            BRAZIL: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (MILLION TONS)          172

TABLE 204            ARGENTINA: SULFURIC ACID MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            172

TABLE 205            ARGENTINA: SULFURIC ACID MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            173

TABLE 206            ARGENTINA: SULFURIC ACID MARKET, BY APPLICATION,

2021–2024 (MILLION TONS)         173

TABLE 207            ARGENTINA: SULFURIC ACID MARKET, BY APPLICATION,

2025–2030 (MILLION TONS)         173

TABLE 208            CHILE: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              174

TABLE 209            CHILE: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              174

TABLE 210            CHILE: SULFURIC ACID MARKET, BY APPLICATION, 2021–2024 (MILLION TONS)          175

TABLE 211            CHILE: SULFURIC ACID MARKET, BY APPLICATION, 2025–2030 (MILLION TONS)          175

TABLE 212            REST OF SOUTH AMERICA: SULFURIC ACID MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            176

TABLE 213            REST OF SOUTH AMERICA: SULFURIC ACID MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            176

TABLE 214            REST OF SOUTH AMERICA: SULFURIC ACID MARKET, BY APPLICATION,

2021–2024 (MILLION TONS)         177

TABLE 215            REST OF SOUTH AMERICA: SULFURIC ACID MARKET, BY APPLICATION,

2025–2030 (MILLION TONS)         177

TABLE 216            SULFURIC ACID MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2021–2025         178

TABLE 217            SULFURIC ACID MARKET: DEGREE OF COMPETITION, 2023       182

TABLE 218            SULFURIC ACID MARKET: REGION FOOTPRINT                 189

TABLE 219            SULFURIC ACID MARKET: APPLICATION FOOTPRINT       190

TABLE 220            SULFURIC ACID MARKET: GRADE FOOTPRINT                 191

TABLE 221            SULFURIC ACID MARKET: RAW MATERIAL FOOTPRINT       192

TABLE 222            SULFURIC ACID MARKET: DETAILED LIST OF KEY STARTUPS/SMES    195

TABLE 223            SULFURIC ACID MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES          195

TABLE 224            SULFURIC ACID MARKET: DEALS, JANUARY 2021–JULY 2025  197

TABLE 225            SULFURIC ACID MARKET: EXPANSIONS, JANUARY 2021–JULY 2025               198

TABLE 226            MOSAIC: COMPANY OVERVIEW 201

TABLE 227            MOSAIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED             202

TABLE 228            JIANGXI COPPER CORPORATION: COMPANY OVERVIEW          204

TABLE 229            JIANGXI COPPER CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    205

TABLE 230            OCP: COMPANY OVERVIEW        207

TABLE 231            OCP: PRODUCTS/SOLUTIONS/SERVICES OFFERED             208

TABLE 232            PHOSAGRO GROUP: COMPANY OVERVIEW                 210

TABLE 233            PHOSAGRO GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED    211

TABLE 234            AURUBIS AG: COMPANY OVERVIEW       213

TABLE 235            AURUBIS AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED    214

TABLE 236            BASF: COMPANY OVERVIEW       216

TABLE 237            BASF: PRODUCTS/SOLUTIONS/SERVICES OFFERED             217

TABLE 238            BASF: DEALS (JANUARY 2021−JULY 2025)                 218

TABLE 239            BASF: EXPANSIONS (JANUARY 2021−JULY 2025)                 218

TABLE 240            CHEMTRADE LOGISTICS: COMPANY OVERVIEW                 219

TABLE 241            CHEMTRADE LOGISTICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    220

TABLE 242            CHEMTRADE LOGISTICS: DEALS (JANUARY 2021−JULY 2025)               221

TABLE 243            NOURYON: COMPANY OVERVIEW           222

TABLE 244            NOURYON: PRODUCTS/SOLUTIONS/SERVICES OFFERED             222

TABLE 245            Q-ACID: COMPANY OVERVIEW 224

TABLE 246            Q-ACID: PRODUCTS/SOLUTIONS/SERVICES OFFERED             224

TABLE 247            LANXESS: COMPANY OVERVIEW               225

TABLE 248            LANXESS: PRODUCTS/SOLUTIONS/SERVICES OFFERED             226

TABLE 249            PVS CHEMICALS: COMPANY OVERVIEW                 228

TABLE 250            PVS CHEMICALS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    228

TABLE 251            MITSUBISHI SHOJI CHEMICAL CORPORATION: COMPANY OVERVIEW   230

TABLE 252            MITSUBISHI SHOJI CHEMICAL CORPORATION: PRODUCTS/SOLUTIONS/

SERVICES OFFERED        230

TABLE 253            WEYLCHEM INTERNATIONAL GMBH: COMPANY OVERVIEW   231

TABLE 254            WEYLCHEM INTERNATIONAL GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED    231

TABLE 255            CHINA PETROLEUM & CHEMICAL CORPORATION: COMPANY OVERVIEW 232

TABLE 256            CHINA PETROLEUM & CHEMICAL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED                 233

TABLE 257            KOREAZINC: COMPANY OVERVIEW        234

TABLE 258            KOREAZINC: PRODUCTS/SOLUTIONS/SERVICES OFFERED    235

TABLE 259            TOAGOSEI CO., LTD.: COMPANY OVERVIEW                 236

TABLE 260            TOAGOSEI CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    237

TABLE 261            OCCL LIMITED: COMPANY OVERVIEW  238

TABLE 262            OCCL LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED    239

TABLE 263            AMAL LTD: COMPANY OVERVIEW           240

TABLE 264            AMAL LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED             241

TABLE 265            ECOVYST INC.: COMPANY OVERVIEW    242

TABLE 266            ECOVYST INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    243

TABLE 267            ECOVYST INC.: DEALS (JANUARY 2021−JULY 2025)      243

TABLE 268            BOLIDEN GROUP: COMPANY OVERVIEW                 244

TABLE 269            BOLIDEN GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED    245

TABLE 270            ÁCIDOS Y MINERALES DE VENEZUELA C.A.: COMPANY OVERVIEW   246

TABLE 271            INDUSTRIAS BÁSICAS DE CALDAS S.A.: COMPANY OVERVIEW   246

TABLE 272            DEXO CHEM LABORATORIES: COMPANY OVERVIEW          247

TABLE 273            PCIPL: COMPANY OVERVIEW     247

TABLE 274            HIGH PURITY SULFURIC ACID MARKET, BY GRADE, 2021–2024 (USD MILLION)            249

TABLE 275            HIGH PURITY SULFURIC ACID MARKET, BY GRADE, 2025–2030 (USD MILLION)            249

TABLE 276            HIGH PURITY SULFURIC ACID MARKET, BY GRADE, 2021–2024 (KILOTON)    249

TABLE 277            HIGH PURITY SULFURIC ACID MARKET, BY GRADE, 2025–2030 (KILOTON)    250

LIST OF FIGURES

FIGURE 1              SULFURIC ACID MARKET SEGMENTATION AND REGIONAL SCOPE            28

FIGURE 2              RESEARCH DESIGN         31

FIGURE 3              BOTTOM-UP APPROACH              36

FIGURE 4              TOP-DOWN APPROACH                36

FIGURE 5              METHODOLOGY FOR SUPPLY-SIDE SIZING OF SULFURIC ACID MARKET (1/2)   37

FIGURE 6              METHODOLOGY FOR SUPPLY-SIDE SIZING OF SULFURIC ACID MARKET (2/2)   37

FIGURE 7              DATA TRIANGULATION                39

FIGURE 8              FERTILIZERS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD    42

FIGURE 9              ASIA PACIFIC ACCOUNTED FOR LARGEST MARKET SHARE IN 2024 43

FIGURE 10            INCREASING USE OF SULFURIC ACID IN WASTEWATER TREATMENT TO CREATE LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS              44

FIGURE 11            ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD         44

FIGURE 12            FERTILIZERS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE

DURING FORECAST PERIOD       45

FIGURE 13            PYRITE ORE SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD          45

FIGURE 14            INDIA AND UAE TO REGISTER HIGHEST CAGRS DURING FORECAST PERIOD       46

FIGURE 15            DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN

SULFURIC ACID MARKET              47

FIGURE 16            AMMONIUM SULPHATE PRODUCTION, 2020–2023        49

FIGURE 17            SULFURIC ACID MARKET: SUPPLY CHAIN ANALYSIS            54

FIGURE 18            SULFURIC ACID MARKET: ECOSYSTEM MAPPING             56

FIGURE 19            SULFURIC ACID MARKET: PORTER’S FIVE FORCES ANALYSIS           57

FIGURE 20            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USE INDUSTRY            59

FIGURE 21            KEY BUYING CRITERIA, BY END-USE INDUSTRY                 60

FIGURE 22            AVERAGE SELLING PRICE TREND, BY REGION, 2022–2024 (USD/TON)    61

FIGURE 23            AVERAGE SELLING PRICE TREND FOR TECHNICAL GRADE, BY KEY PLAYER,

2024 (USD/TON)               62

FIGURE 24            LIST OF MAJOR PATENTS RELATED TO SULFURIC ACID, 2014–2024           68

FIGURE 25            IMPORT DATA RELATED TO HS CODE 280700-COMPLIANT PRODUCTS,

BY KEY COUNTRY, 2021–2024 (USD THOUSAND)                74

FIGURE 26            EXPORT DATA RELATED TO HS CODE 280700-COMPLIANT PRODUCTS,

BY KEY COUNTRY, 2021–2024 (USD THOUSAND)                75

FIGURE 27            TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS   76

FIGURE 28            SULFURIC ACID MARKET: INVESTMENT AND FUNDING SCENARIO, 2021–2025 77

FIGURE 29            ELEMENTAL SULFUR SEGMENT TO ACCOUNT FOR LARGEST SHARE OF

OVERALL MARKET          88

FIGURE 30            FERTILIZERS SEGMENT TO BE LARGEST APPLICATION OF SULFURIC ACID DURING FORECAST PERIOD                 92

FIGURE 31            ASIA PACIFIC TO LEAD SULFURIC ACID MARKET DURING FORECAST PERIOD    109

FIGURE 32            ASIA PACIFIC: SULFURIC ACID MARKET SNAPSHOT          111

FIGURE 33            NORTH AMERICA: SULFURIC ACID MARKET SNAPSHOT          126

FIGURE 34            SULFURIC ACID MARKET: REVENUE ANALYSIS OF KEY COMPANIES,

2020–2024 (USD BILLION)             180

FIGURE 35            RANKING OF KEY PLAYERS IN SULFURIC ACID MARKET, 2024    181

FIGURE 36            SULFURIC ACID MARKET SHARE ANALYSIS, 2024                 181

FIGURE 37            BRAND/PRODUCT COMPARISON             185

FIGURE 38            SULFURIC ACID MARKET: COMPANY EVALUATION MATRIX. KEY PLAYERS, 2024           187

FIGURE 39            SULFURIC ACID MARKET: COMPANY FOOTPRINT       188

FIGURE 40            SULFURIC ACID MARKET: COMPANY EVALUATION MATRIX, STARTUPS/SMES, 2024    194

FIGURE 41            EV/EBITDA         199

FIGURE 42            ENTERPRISE VALUE        199

FIGURE 43            YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND FIVE-YEAR STOCK BETA

OF KEY MANUFACTURERS           200

FIGURE 44            MOSAIC: COMPANY SNAPSHOT                 202

FIGURE 45            JIANGXI COPPER CORPORATION: COMPANY SNAPSHOT          205

FIGURE 46            OCP: COMPANY SNAPSHOT        208

FIGURE 47            PHOSAGRO GROUP: COMPANY SNAPSHOT                 210

FIGURE 48            AURUBIS AG: COMPANY SNAPSHOT       214

FIGURE 49            BASF: COMPANY SNAPSHOT      217

FIGURE 50            CHEMTRADE LOGISTICS: COMPANY SNAPSHOT                 220

FIGURE 51            LANXESS: COMPANY SNAPSHOT               226

FIGURE 52            CHINA PETROLEUM & CHEMICAL CORPORATION: COMPANY SNAPSHOT 233

FIGURE 53            KOREAZINC: COMPANY SNAPSHOT        234

FIGURE 54            TOAGOSEI CO., LTD.: COMPANY SNAPSHOT                 237

FIGURE 55            OCCL LIMITED: COMPANY SNAPSHOT  238

FIGURE 56            AMAL LTD: COMPANY SNAPSHOT           240

FIGURE 57            ECOVYST INC.: COMPANY SNAPSHOT   242

FIGURE 58            BOLIDEN GROUP: COMPANY SNAPSHOT                 245