Sulfuric Acid Market Size

  • Report ID: 4855
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Sulfuric Acid Market Size

Sulfuric Acid Market size was over USD 14.31 billion in 2024 and is anticipated to exceed USD 23.33 billion by the end of 2037, growing at over 3.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of sulfuric acid is evaluated at USD 14.76 billion.

The growth of the market can be attributed to the increasing usage of sulfuric acid in the agriculture sector and in the manufacturing processes of various chemicals. There are significant quantities of sulphuric acid used for the production of fertilizers such as ammonium sulfate and superphosphate. Many pesticides use sulfuric acid as raw materials such as copper sulfate and zinc sulfate to act as fungicides for plants, and ferrous sulfate and copper sulfate as herbicides. A major end-user market for sulfuric acid, accounting for more than 60 % of total worldwide consumption in 2020, is the production of fertilizers, especially phosphate fertilizers from the wet process of phosphoric acid. These factors are anticipated to contribute to the growth of the market.

In addition to these, factors that are believed to fuel the sulfuric acid market growth include the rise in the use of sulfuric acid in the automotive industry. Increasing usage of sulfuric acid in car batteries is yet another factor contributing to the growth of the market. Sulfuric acid acts as an electrolyte in car batteries.  H2SO4 is formed when sulphuric acid and water are mixed. The compound has a strong electrolytic quality and can be used to generate electricity. The H+ ions will move on the neutral electrode and SO42 ions to the positive electrode after the application of a voltage to the solution. An electric current can be derived from this, helping to drive the vehicle. Reports cite that over 100 million car batteries are replaced in the USA alone in a year. These factors are estimated to boost the market.


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Author Credits:  Rajrani Baghel


  • Report ID: 4855
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of sulfuric acid is evaluated at USD 14.76 billion.

The sulfuric acid market size was over USD 14.31 billion in 2024 and is anticipated to exceed USD 23.33 billion by the end of 2037, growing at over 3.9% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for sulfuric acid from various sectors such as agriculture, chemical manufacturing, fertilizer, and others will boost the market growth.

Asia Pacific industry is projected to be the largest with a share of around 46% by 2037, due to the increasing production of sulfur in the region.

The major players in the market include Mosaic Company, PotashCorp, Groupe Chimique Tunisien, Maaden - Saudi Arabian Mining Company, OCP Group, PVS Chemicals, Aurubis, Chemtrade Logistics Income Fund, BASF SE, Akzonoble N.V.
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