Sulfuric Acid Market to Grow Rapidly Based on Increased Manufacturing of Nutrient Rich Food Crops and High Demand for Sulfur Based Fertilizers Till 2025 | Million Insights
Retrieved on:
Wednesday, May 8, 2019
FELTON, California, May 8, 2019 /PRNewswire/ -- Global Sulfuric Acid Market is expected to reach USD 13.45 billion by 2025.
Key Points:
- FELTON, California, May 8, 2019 /PRNewswire/ -- Global Sulfuric Acid Market is expected to reach USD 13.45 billion by 2025.
- Sulfuric acid is a very robust acid and in aqueous solutions, it ionizes entirely to form hydrogen sulfate ions (HSO4) and hydronium ions (H3O+).
- Rising manufacturing of nutrient rich food crops, high demand for sulfur based fertilizers, rising use of sulfuric acid in metal processing, and growing demand from waste water treatment plant and oil & gas industry are documented as major factors of Sulfuric Acid Market that are estimated to enhance the growth in the years to come.
- Pyrite ore, elemental sulfur, base metal smelters, and other types could be explored in Sulfuric Acid in the forecast period.