Sulfuric Acid Market, Growth, Trends and Forecast 2022
Sulfuric Acid Market Overview The demand for sulfuric acid is skyrocketing across the globe, mainly due to the soaring demand for sulfur-based fertilizers. Sulfuric acid is extensively used in the waste water treatment and oil & gas industry, which is likely to trigger the demand from the global sulfuric acid market size. Sulfuric acid is extensively used to manufacture fertilizers and chemicals and is used in metal processing. This is anticipated to accelerate the market growth across the globe. It is highly used as a catalyst, dehydrating agent, and reactant by the automotive sector. The increasing demand for excellent food quality and high crop yield from the agricultural industry are further anticipated to stimulate the market in the long run. Sulfuric acid is also used in automotive batteries, which is likely to act as a primary growth stimulant for the market. On the contrary, fluctuations in the prices of raw materials is considered to restrict the market gr...