Sulfuric Acid Market Analysis, Growth and Dynamics Till 2025
“Global Sulfuric Acid Market report includes in-depth analysis of industry by recent technologies, trends, opportunities, challenges, key players and business strategies considering types, segment and future outlook.”
7 Sep 2018 – Global Sulfuric Acid Market is expected to reach USD 13.45 billion by 2025. Sulfuric
Acid is also termed as oil of vitriol, sulphuric acid, or dihydrogen sulfate is a colorless & odorless, dense, oily corrosive liquid with a molecular formula H2SO4. The molecular weight is 98.072 g/mol and is soluble in water and sulfur trioxide with release of heat. It is exclusively used to manufacture chemicals and fertilizers and in steel and iron production. It is normally supplied based on concentrations of 98, 78, or 93 percent. Sulfuric acid is a very robust acid and in aqueous solutions, it ionizes entirely to form hydrogen sulfate ions (HSO4−) and hydronium ions (H3O+). The Sulfuric Acid Market is estimated to grow at a significant CAGR of 3.3%over the forecast period as the scope and its applications are rising enormously across the globe. 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. Request Sample Copy of this Market Research @ https://www.millioninsights.com/industry-reports/sulfuric-acid-market/request-sample