The Asia Pacific Sulfuric Acid Market would witness market growth of 3.6% CAGR during the forecast period (2023-2030).In the year 2021, the Asia Pacific market's volume surged to 29,546.8 kilo tonnes, showcasing a growth of 3.4% (2019-2022).
Consumer demand for automobiles is a fundamental driver of industry expansion. Factors such as rising income levels, urbanization, and changing consumer preferences can lead to increased demand for cars and other vehicles. Increasing use of sulfuric acid for vehicle batteries in the automotive industry is anticipated to stimulate market expansion. Up to 28-32% of automobile batteries are composed of sulfuric acid, which develops an electrical current suitable for reacting with lead. Lead-acid batteries, which contain sulfuric acid electrolyte, are commonly used in vehicles, uninterruptible power supplies (UPS), and various industrial applications. They provide a reliable and affordable energy storage solution.
The rising demand for sulfuric acid from the metal processing sector for removing corrosion and other contaminants from various metal surfaces, including iron, steel, copper, and aluminum, is anticipated to impact market expansion over the forecast period. In addition, it is essential in wastewater treatment, producing lead acid batteries, producing rayon, and harvesting potatoes as a desiccant. During the forecast period, the growing demand for sulfuric acid in the textile sector, the phosphate fertilizer industry, steel pickling, and petroleum refinery applications is anticipated to drive market growth in the region. Growing populations, especially in emerging markets, increase the demand for clothing and other textile products.
The Asia Pacific region has a highly dynamic and diverse market, driven by a wide range of factors, including robust industrial growth, vast natural resources, and an increasing focus on sustainability. The region is home to some of the world's fastest-growing economies, including China, India, and several Southeast Asian nations. With 2020 chemical sales estimated to be worth €92 billion, India is ranked fourth in Asia and sixth overall. India invested €3.9 billion in world chemicals in 2020, up from €2.4 billion in 2010. Hence, in the coming years, with the expansion of regional chemical, manufacturing, and agriculture sectors, the demand for sulfuric acid will rise.
The China market dominated the Asia Pacific Sulfuric Acid Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2.6 billion by 2030. The India market is anticipated to grow at a CAGR of 3.9% during (2023 - 2030). Additionally, The Thailand market would witness a CAGR of 3% during (2023 - 2030).
Based on Raw Material, the market is segmented into Elemental Sulfur, Base Metal Smelters, Pyrite Ore and Others. Based on Application, the market is segmented into Fertilizers, Chemical Manufacturing, Metal Processing, Textile Industry, Petroleum Refining, Automotive, Pulp & Paper and Others. Based on countries, the market is segmented into China, India, Thailand, Australia, South Korea, Japan, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Sulfuric Acid Market is Projected to reach USD 17.9 Billion by 2030, at a CAGR of 3.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Mosaic Company, Akzo Nobel N.V., BASF SE, Solvay SA, PVS Chemical Solution, INEOS Group Holdings S.A. (Bilcare Research), and Nutrien Limited
Scope of the Study
Market Segments Covered in the Report:
By Raw Material (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Elemental Sulfur
- Base Metal Smelters
- Pyrite Ore
- Others
By Application (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Fertilizers
- Chemical Manufacturing
- Metal Processing
- Textile Industry
- Petroleum Refining
- Automotive
- Pulp & Paper
- Others
By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)
- China
- India
- Thailand
- Australia
- South Korea
- Japan
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- The Mosaic Company
- Akzo Nobel N.V.
- BASF SE
- Solvay SA
- PVS Chemical Solution
- INEOS Group Holdings S.A. (Bilcare Research)
- Nutrien Limited
TABLE 1 Asia Pacific Sulfuric Acid Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Sulfuric Acid Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Sulfuric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Asia Pacific Sulfuric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Asia Pacific Sulfuric Acid Market by Raw Material, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Sulfuric Acid Market by Raw Material, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Sulfuric Acid Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 8 Asia Pacific Sulfuric Acid Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 9 Asia Pacific Elemental Sulfur Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Elemental Sulfur Market by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Elemental Sulfur Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 Asia Pacific Elemental Sulfur Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 Asia Pacific Base Metal Smelters Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Base Metal Smelters Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Base Metal Smelters Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 Asia Pacific Base Metal Smelters Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 Asia Pacific Pyrite Ore Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Pyrite Ore Market by Country, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Pyrite Ore Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 Asia Pacific Pyrite Ore Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 Asia Pacific Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 Asia Pacific Sulfuric Acid Market by Application, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Sulfuric Acid Market by Application, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Sulfuric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 28 Asia Pacific Sulfuric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 29 Asia Pacific Fertilizers Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Fertilizers Market by Country, 2023 - 2030, USD Million
TABLE 31 Asia Pacific Fertilizers Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 Asia Pacific Fertilizers Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 Asia Pacific Chemical Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Chemical Manufacturing Market by Country, 2023 - 2030, USD Million
TABLE 35 Asia Pacific Chemical Manufacturing Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 Asia Pacific Chemical Manufacturing Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 Asia Pacific Metal Processing Market by Country, 2019 - 2022, USD Million
TABLE 38 Asia Pacific Metal Processing Market by Country, 2023 - 2030, USD Million
TABLE 39 Asia Pacific Metal Processing Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 Asia Pacific Metal Processing Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 Asia Pacific Textile Industry Market by Country, 2019 - 2022, USD Million
TABLE 42 Asia Pacific Textile Industry Market by Country, 2023 - 2030, USD Million
TABLE 43 Asia Pacific Textile Industry Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 Asia Pacific Textile Industry Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 Asia Pacific Petroleum Refining Market by Country, 2019 - 2022, USD Million
TABLE 46 Asia Pacific Petroleum Refining Market by Country, 2023 - 2030, USD Million
TABLE 47 Asia Pacific Petroleum Refining Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 Asia Pacific Petroleum Refining Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 Asia Pacific Automotive Market by Country, 2019 - 2022, USD Million
TABLE 50 Asia Pacific Automotive Market by Country, 2023 - 2030, USD Million
TABLE 51 Asia Pacific Automotive Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 Asia Pacific Automotive Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 Asia Pacific Pulp & Paper Market by Country, 2019 - 2022, USD Million
TABLE 54 Asia Pacific Pulp & Paper Market by Country, 2023 - 2030, USD Million
TABLE 55 Asia Pacific Pulp & Paper Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 56 Asia Pacific Pulp & Paper Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 57 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 58 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 59 Asia Pacific Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 60 Asia Pacific Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 61 Asia Pacific Sulfuric Acid Market by Country, 2019 - 2022, USD Million
TABLE 62 Asia Pacific Sulfuric Acid Market by Country, 2023 - 2030, USD Million
TABLE 63 Asia Pacific Sulfuric Acid Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 64 Asia Pacific Sulfuric Acid Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 65 China Sulfuric Acid Market, 2019 - 2022, USD Million
TABLE 66 China Sulfuric Acid Market, 2023 - 2030, USD Million
TABLE 67 China Sulfuric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 68 China Sulfuric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 69 China Sulfuric Acid Market by Raw Material, 2019 - 2022, USD Million
TABLE 70 China Sulfuric Acid Market by Raw Material, 2023 - 2030, USD Million
TABLE 71 China Sulfuric Acid Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 72 China Sulfuric Acid Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 73 China Sulfuric Acid Market by Application, 2019 - 2022, USD Million
TABLE 74 China Sulfuric Acid Market by Application, 2023 - 2030, USD Million
TABLE 75 China Sulfuric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 76 China Sulfuric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 77 India Sulfuric Acid Market, 2019 - 2022, USD Million
TABLE 78 India Sulfuric Acid Market, 2023 - 2030, USD Million
TABLE 79 India Sulfuric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 80 India Sulfuric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 81 India Sulfuric Acid Market by Raw Material, 2019 - 2022, USD Million
TABLE 82 India Sulfuric Acid Market by Raw Material, 2023 - 2030, USD Million
TABLE 83 India Sulfuric Acid Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 84 India Sulfuric Acid Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 85 India Sulfuric Acid Market by Application, 2019 - 2022, USD Million
TABLE 86 India Sulfuric Acid Market by Application, 2023 - 2030, USD Million
TABLE 87 India Sulfuric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 88 India Sulfuric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 89 Thailand Sulfuric Acid Market, 2019 - 2022, USD Million
TABLE 90 Thailand Sulfuric Acid Market, 2023 - 2030, USD Million
TABLE 91 Thailand Sulfuric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 92 Thailand Sulfuric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 93 Thailand Sulfuric Acid Market by Raw Material, 2019 - 2022, USD Million
TABLE 94 Thailand Sulfuric Acid Market by Raw Material, 2023 - 2030, USD Million
TABLE 95 Thailand Sulfuric Acid Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 96 Thailand Sulfuric Acid Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 97 Thailand Sulfuric Acid Market by Application, 2019 - 2022, USD Million
TABLE 98 Thailand Sulfuric Acid Market by Application, 2023 - 2030, USD Million
TABLE 99 Thailand Sulfuric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 100 Thailand Sulfuric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 101 Australia Sulfuric Acid Market, 2019 - 2022, USD Million
TABLE 102 Australia Sulfuric Acid Market, 2023 - 2030, USD Million
TABLE 103 Australia Sulfuric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 104 Australia Sulfuric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 105 Australia Sulfuric Acid Market by Raw Material, 2019 - 2022, USD Million
TABLE 106 Australia Sulfuric Acid Market by Raw Material, 2023 - 2030, USD Million
TABLE 107 Australia Sulfuric Acid Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 108 Australia Sulfuric Acid Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 109 Australia Sulfuric Acid Market by Application, 2019 - 2022, USD Million
TABLE 110 Australia Sulfuric Acid Market by Application, 2023 - 2030, USD Million
TABLE 111 Australia Sulfuric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 112 Australia Sulfuric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 113 South Korea Sulfuric Acid Market, 2019 - 2022, USD Million
TABLE 114 South Korea Sulfuric Acid Market, 2023 - 2030, USD Million
TABLE 115 South Korea Sulfuric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 116 South Korea Sulfuric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 117 South Korea Sulfuric Acid Market by Raw Material, 2019 - 2022, USD Million
TABLE 118 South Korea Sulfuric Acid Market by Raw Material, 2023 - 2030, USD Million
TABLE 119 South Korea Sulfuric Acid Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 120 South Korea Sulfuric Acid Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 121 South Korea Sulfuric Acid Market by Application, 2019 - 2022, USD Million
TABLE 122 South Korea Sulfuric Acid Market by Application, 2023 - 2030, USD Million
TABLE 123 South Korea Sulfuric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 124 South Korea Sulfuric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 125 Japan Sulfuric Acid Market, 2019 - 2022, USD Million
TABLE 126 Japan Sulfuric Acid Market, 2023 - 2030, USD Million
TABLE 127 Japan Sulfuric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 128 Japan Sulfuric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 129 Japan Sulfuric Acid Market by Raw Material, 2019 - 2022, USD Million
TABLE 130 Japan Sulfuric Acid Market by Raw Material, 2023 - 2030, USD Million
TABLE 131 Japan Sulfuric Acid Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 132 Japan Sulfuric Acid Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 133 Japan Sulfuric Acid Market by Application, 2019 - 2022, USD Million
TABLE 134 Japan Sulfuric Acid Market by Application, 2023 - 2030, USD Million
TABLE 135 Japan Sulfuric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 136 Japan Sulfuric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 137 Rest of Asia Pacific Sulfuric Acid Market, 2019 - 2022, USD Million
TABLE 138 Rest of Asia Pacific Sulfuric Acid Market, 2023 - 2030, USD Million
TABLE 139 Rest of Asia Pacific Sulfuric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 140 Rest of Asia Pacific Sulfuric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 141 Rest of Asia Pacific Sulfuric Acid Market by Raw Material, 2019 - 2022, USD Million
TABLE 142 Rest of Asia Pacific Sulfuric Acid Market by Raw Material, 2023 - 2030, USD Million
TABLE 143 Rest of Asia Pacific Sulfuric Acid Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 144 Rest of Asia Pacific Sulfuric Acid Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 145 Rest of Asia Pacific Sulfuric Acid Market by Application, 2019 - 2022, USD Million
TABLE 146 Rest of Asia Pacific Sulfuric Acid Market by Application, 2023 - 2030, USD Million
TABLE 147 Rest of Asia Pacific Sulfuric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 148 Rest of Asia Pacific Sulfuric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 149 Key Information – The Mosaic Company
TABLE 150 Key information – Akzo Nobel N.V.
TABLE 151 Key Information – BASF SE
TABLE 152 Key Information – Solvay SA
TABLE 153 Key Information – PVS Chemical Solution
TABLE 154 Key Information – INEOS Group Holdings S.A.
TABLE 155 Key Information – Nutrien Limited
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Sulfuric Acid Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Sulfuric Acid Market
FIG 4 Porter’s Five Force Analysis: Sulfuric Acid Market
FIG 5 Asia Pacific Sulfuric Acid Market share by Raw Material, 2022
FIG 6 Asia Pacific Sulfuric Acid Market share by Raw Material, 2030
FIG 7 Asia Pacific Sulfuric Acid Market by Raw Material, 2019 - 2030, USD Million
FIG 8 Asia Pacific Sulfuric Acid Market share by Application, 2022
FIG 9 Asia Pacific Sulfuric Acid Market share by Application, 2030
FIG 10 Asia Pacific Sulfuric Acid Market by Application, 2019 - 2030, USD Million
FIG 11 Asia Pacific Sulfuric Acid Market share by Country, 2022
FIG 12 Asia Pacific Sulfuric Acid Market share by Country, 2030
FIG 13 Asia Pacific Sulfuric Acid Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: The Mosaic Company
FIG 15 SWOT Analysis: Akzo Nobel N.V.
FIG 16 SWOT Analysis: BASF SE
FIG 17 SWOT Analysis: Solvay SA
FIG 18 SWOT Analysis: PVS Chemical Solution
FIG 19 Recent strategies and developments: INEOS GROUP HOLDINGS S.A.
FIG 20 SWOT Analysis: INEOS GROUP HOLDINGS S.A.
FIG 21 SWOT Analysis: Nutrien Limited