Sulfuric Acid Market was valued at USD 9.41 Billion in 2018 and is projected to reach USD 11.32 Billion by 2026, growing at a CAGR of 2.7% from 2019 to 2026.
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Sulfuric Acid is utilized in the creation of phosphate manures, for example, monoammonium phosphate, diammonium phosphate, calcium dihydrogen phosphate, and others. The atomic equation for sulfuric corrosive is H2SO4. It is recognized as a solid mineral corrosive with high destructive properties. Sulfuric corrosive is a thick fluid that is dissolvable in water and its tone changes from yellow to dry, which relies on its fixation. Sulfuric corrosive is utilized in the assembling of monetarily significant synthetic compounds, for example, hydrochloric corrosive, nitric corrosive, sulfate salts, manufactured cleansers, colors, shades, explosives, and medications. Sulfuric corrosive is one of the exceptionally receptive acids that are totally miscible in fluid or water. It is one of the widely burned-through and delivered business synthetic substances around the world. Sulfuric corrosive is the biggest volume product substance created and sold as far as income on the planet. Sulfuric corrosive is a scentless, drab fluid, which is broadly used in the phosphate compost industry. These are predominately utilized in the car, oil refining, mash and paper, material industry.
Global Sulfuric Acid Market: Segmentation Analysis
Sulfuric Acid Market by Application
• Fertilizers
• Automotive
• Petroleum Refining
• Pulp & Paper
• Textile
Key Players:
The “Global Sulfuric Acid Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are BASF SE, Akzonobel N.V., Ineos Enterprises, Limited, The Mosaic Company, Potashcorp, Aurubis, PVS Chemicals, Inc., OCP Group.
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