Growing demand for sulfuric acid from diversified applications and rising use of sulfuric acid in manufacturing different fertilizers is boosting the US - Sulfuric Acid Market |Forcast for 2023-2027|Technavio
The US - Sulfuric Acid Market is likely to experience steady growth because of rising demand for sulfuric acid from diversified applications and the growing use of sulfuric acid in manufacturing different fertilizers. Rising at a CAGR of 6.68%, the market is estimated to have a staggering growth of USD 1038.11 Mn in revenue.
Some of the leading vendors such as Dulany Industries Inc., DuPont de Nemours Inc., Ecovyst Inc., Entegris Inc., Glencore Plc, Hibrett Puratex, Honeywell International Inc., Itafos Inc., Noah Chemicals, Nyrstar, Oxbow Corp., etc are some of the major participants.Our report comes with qualitative and quantitative analysis of market players with a wider understanding of the business ecosystem.
US - Sulfuric Acid Market Analysis at a Glance
As per a Technavio analyst: “Quote” reason is expected to boost the growth of the sulfuric acid market in us
When it comes to market challenges, strict environmental government regulations against the use of sulfuric acid and Fluctuations in raw material prices are expected to hinder the growth of the market. However, the Recovery of sulfuric acid at smelters and the rise in demand for sulfuric acid from the electronics industry will have a positive impact on the sulfuric acid market in us during the forecast period.
Technavio’s analysis of the US - Sulfuric Acid Market also includes: