Europe Sulfuric Acid Market, By Raw Material (Base Metal Smelters, Elemental Sulfur, Pyrite Ore and Others), Form (Concentrated, 66 Degree Baume Sulfuric Acid, Tower/Glover Acid, Chamber/Fertilizer Acid, Battery Acid and Dilute Sulfuric Acid), Manufacturing Process (Contact Process, Lead Chamber Process, Wet Sulfuric Acid Process, Metabisulfite Process and Others), Distribution Channel (Offline and Online), Application (Fertilizers, Chemical Manufacturing, Petroleum Refining, Metal Processing, Automotive, Textile, Drug Manufacturing, Pulp & Paper, Industrial And Others) Industry Trends and Forecast to 2029.
Europe Sulfuric Acid Market Analysis and Size
Sulfuric acid is a colorless, odorless, and viscous liquid soluble in water at all concentrations. It is a strong acid made by oxidizing sulfur dioxide solutions and used in large quantities as an industrial and laboratory reagent. Sulfuric acid or sulfuric acid, also known as oil of vitriol, is a mineral acid composed of sulfur, oxygen, and hydrogen, with molecular formula H2SO4 and melting point is 10 °C, the boiling point is 337°C.
Increasing demand for fertilizers in the agriculture industry and the growing demand for sulfuric acid across various industries are some of the drivers boosting sulfuric acid demand in the market. Data Bridge Market Research analyses that the sulfuric market is expected to reach the value of USD 4,413,854.48 thousand by the year 2029, at a CAGR of 3.3% during the forecast period. " elemental sulfur " accounts for the most prominent raw material segment in the respective due to the abundant availability of sulfur across the globe. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
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Report Metric |
Details |
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Forecast Period |
2022 to 2029 |
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Base Year |
2021 |
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Historic Years |
2020 (Customizable to 2019 - 2014) |
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Quantitative Units |
Revenue in USD Thousand, Volumes in Thousand Tonne, Pricing in USD |
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Segments Covered |
By Raw Material (Base Metal Smelters, Elemental Sulfur, Pyrite Ore and Others), Form (Concentrated, 66 Degree Baume Sulfuric Acid, Tower/Glover Acid, Chamber/Fertilizer Acid, Battery Acid and Dilute Sulfuric Acid), Manufacturing Process (Contact Process, Lead Chamber Process, Wet Sulfuric Acid Process, Metabisulfite Process and Others), Distribution Channel (Offline and Online), Application (Fertilizers, Chemical Manufacturing, Petroleum Refining, Metal Processing, Automotive, Textile, Drug Manufacturing, Pulp & Paper, Industrial And Others) |
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Country Covered |
Germany, U.K., Italy, France, Spain, Russia, Switzerland, Turkey, Belgium, Netherlands and Rest of Europe |
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Market Players Covered |
LANXESS (Cologne, Germany ), Brenntag GmbH (a subsidiary of Brenntag SE)( Essen, Germany), Boliden Group (Stockholm, Sweden), Adisseo (Antony, France), Veolia (Paris, France), Univar Solutions Inc (Illinois, U.S.), NORAM Engineering & Construction Ltd.( Vancouver, Canada), Nouryon (Amsterdam, the Netherlands), International Raw Materials LTD (Pennsylvania, U.S.), Eti Bakir (Kastamonu, Turkey), ACIDEKA SA (Vizcaya, Spain), Airedale Chemical Company Limited.( North Yorkshire, U.K.), BASF SE (Ludwigshafen, Germany), Aguachem Ltd (Wrexham, U.K), Feralco AB (Widnes, U.K.), Fluorsid (Milan, Italy), Aurubis AG (Hamburg, Germany), Nyrstar (Budel, The Netherlands), Merck KGaA (Darmstadt, Germany), and Shrieve (Texas, U.S.) |
Market Definition
Sulfuric acid is a strong acid with hygroscopic characteristics and oxidizing properties. It is used in the fertilizer, chemical, synthetic textile, and pigment industries. Other applications include manufacturing batteries metal pickling, among other industrial manufacturing processes. In market sulfuric acid is available in different concentration grades such as 98%, 96.5%, 76%, 70% and 38%. A large quantity of sulfuric acid produces potassium sulfates and fertilizers. Increasing demand for fertilizers in the agriculture industry and the growing demand for sulfuric acid across various industries are some of the drivers boosting sulfuric acid demand in the market. With the increasing consumption of sulfuric acid globally, major players are expanding their production capacities in different countries to strengthen their presence in the market.
Regulatory Framework
- The DHHS (1994) and EPA have not classified sulfur trioxide or sulfuric acid for carcinogenic effects. IARC considers occupational exposure to strong inorganic mists containing sulfuric acid to be carcinogenic to humans (Group 1) (IARC 1992). ACGIH has classified sulfuric acid as a suspected human carcinogen (Group A2) (ACGIH 1998).
Sulfuric acid is on the list of chemicals in “Toxic Chemicals Subject to Section 3 13 of the Emergency Planning and Community Right-to-Know Act”’ (EPA 1998f).
The occupational permissible exposure limit (PEL) for sulfuric acid is 1 mg/ m3 (OSHA 1998). The NIOSH recommended exposure limit (REL) is also 1 mg/m3 (NIOSH 1997). ACGIH recommends a threshold limit value time-weighted average (TLV-TWA) of 1 mg/m3 and a short-term exposure limit (STEL) of 3 mg/m3 (ACGIH 1998).
COVID-19 had a Minimal Impact on Europe Sulfuric Acid Market
COVID-19 impacted various manufacturing industries in the year 2020-2021 as it led to the closure of workplaces, disruption of supply chains, and restrictions on transportation. However, significant impact was noticed on sulfuric acid in Europe operations and supply chain, with multiple manufacturing facilities still operating. The service providers continued offering sulfuric acid following sanitation and safety measures in the post-COVID scenario.
The Market Dynamics of the Europe Sulfuric Acid Market Include:
- Increasing Demand for Fertilizers in Agricultural Industry
Increasing demand for high-quality fertilizers for crop cultivation boosts the Europe sulfuric acid market.
- Significant Growth in Chemical Industries
Increasing chemical production in the European region with a chemicals strategy for sustainability is a prominent part of the Green Deal to strengthen the growth of the chemicals industry, making it easier to avoid usage of hazardous chemicals and encourage innovation for the development of safe and sustainable alternatives. Thus, a strategy for sustainability in the chemicals industry can help keep the significant growth in the chemical industry and propel the Europe sulfuric acid market in the coming years.
- Growing Demand for Sulfuric Acid Across a Diverse Range of Industries
The demand for sulfuric acid across a diverse range of industries such as pharmaceutical, textile, paper, and pulp, is expected to grow at an increasing rate and is projected to fuel the Europe sulfuric acid market.
- Growing Demand for Batteries in Automotive Industry
With increased demand for the recovery of waste printed circuit boards using sulfuric acid to recover different metals such as gold, silver, iron, and copper is expected to drive the Europe sulfuric acid market.
- Significant Growth in Healthcare Industry
The increasing advantages of sulfuric acid batteries in motor vehicles and other machines in electric vehicles are increasing the demand for sulfuric acid, creating an opportunity for the Europe sulfuric acid market to tap upon and register higher growth in the future.
- Abundance of Sulfur as a Raw Material
In addition, sulfur nowadays is also produced for industrial use from the petroleum and natural gas industry worldwide. Therefore, an abundance of sulfur reserves around the globe creates an opportunity for the growth of the Europe sulfuric acid market.
Restraints/Challenges faced by the Europe Sulfuric Acid Market
- Health Hazards Associated with Sulfuric Acid
The increasing health hazards associated with the use of sulfuric acid on the skin, eyes, and other organs is likely to hamper the Europe sulfuric acid market demand.
- Decline in Sales Resulting from Oversupply of Sulfuric Acid
The undersupply of sulfuric acid in the Europe sulfuric acid market is the biggest problem being faced by key manufacturers operating in the market, which is directly impacting their sales and profit margins as oversupplied with other producers has led to a decrease in the prices. This is acting as the biggest challenge in the Europe sulfuric acid market growth.
This sulfuric acid market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the sulfuric acid market contact Data Bridge Market Research for an Analyst Brief, Our team will help you take an informed market decision to achieve market growth.
Recent Developments
- In November 2020, Airedale Chemical Company Limited acquired Alutech, which provides a range of metal treatment solutions, including aluminum brighteners and pre-treatment cleaners. This development helps the company increase the demand for sulfuric acid, which has increased its profits
- In May 2017, BASF SE introduced a new sulfuric acid catalyst preferred due to its unique geometrical shape. This update helps the company to increase production capacity, which generates revenue in the future
Europe Sulfuric Acid Market Scope
Europe sulfuric acid market is segmented on the basis of raw material, form, manufacturing process, distribution channel, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Raw Material
- Base Metal Smelters
- Elemental Sulfur
- Pyrite Ore
- Others
On the basis of raw material, the market is segmented into base metal smelters, elemental sulfur, pyrite ore, and others. In 2022, the elemental sulfur segment is expected to dominate due to the abundant availability of sulfur across the globe
Form
- Concentrated (98%)
- Tower/Glover Acid (77.67%)
- Chamber/Fertilizer Acid (62.8%)
- Battery Acid (33.5%)
- 66 Degree Baume Sulfuric Acid (93%)
- Dilute Sulfuric Acid (10%)
On the basis of form, the market is segmented into concentrated (98%), tower/glover acid (77.67%), chamber/fertilizer acid (62.8%), battery acid (33.5%), 66 degree Baume sulfuric acid (93%) and dilute sulfuric acid (10%).
Manufacturing Process
- Contact Process
- Lead Chamber Process
- Wet Sulfuric Acid Process
- Metabisulfite Process
- Others
Based on manufacturing process, the market is segmented into contact process, lead chamber process, wet sulfuric acid process, metabisulfite process, and others.
Distribution Channel
- Offline
- Online
On the basis of distribution channel, the Europe sulfuric acid market is segmented into offline and online.
Application
- Fertilizer,
- Chemical Manufacturing
- Petroleum Refining
- Metal Processing
- Automotive
- Textile
- Drug Manufacturing
- Pulp & Paper
- Industrial
- Others
On the basis of application, the market is segmented into fertilizers, chemical manufacturing, petroleum refining, metal processing, automotive, textile, drug manufacturing, pulp & paper, industrial, and others. The fertilizers are expected to dominate the application segment as the demand for sulfuric fertilizers increases for crop plantation and soil fertility.
Europe Sulfuric Acid Regional Analysis/Insights
Europe sulfuric acid market is analyzed and market size insights and trends are provided by raw material, form, manufacturing process, distribution channel, and application as referenced above.
The countries covered in the Europe sulfuric acid market report are the Germany, U.K., Italy, France, Spain, Russia, Switzerland, Turkey, Belgium, Netherlands and Rest of Europe.
In Europe, Germany is the leading country in sulfuric acid market owing to growing industrialization, which will help in the growth of the chemical industry in the region. Moreover, the country has high reserves of sulfur, which is used in the production of sulfuric acid.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Europe Sulfuric Acid Market Share Analysis
Europe sulfuric acid market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Europe sulfuric acid market.
Some of the major players operating in the rodenticides market are LANXESS, Brenntag GmbH (a subsidiary of Brenntag SE), Boliden Group, Adisseo, Veolia, Univar Solutions Inc, NORAM Engineering & Construction Ltd., Nouryon, International Raw Materials LTD, Eti Bakir, ACIDEKA SA, Airedale Chemical Company Limited., BASF SE, Aguachem Ltd, Feralco AB, Fluorsid, Aurubis AG, Nyrstar, Merck KGaA, and Shrieve, among others
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