The Sulfuric Acid Market in US is being driven by Growing demand for sulfuric acid from diversified applications
The Sulfuric Acid Market in US is expected to grow at a CAGR of 6.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1194.5 million. In the US market, stringent environmental regulations are driving the growth of sulfuric acid production at smelters. Sulfuric acid can be efficiently recovered from the by-products generated during smelting processes, particularly in copper, lead, molybdenum, and zinc roaster smelters, which collectively accounted for approximately 16.12% of total sulfuric acid production in 2021. To mitigate sulfur dioxide (SO2) emissions, advanced sulfuric acid plants are being installed in these manufacturing facilities. These plants not only limit SO2 emissions but also utilize smelter remains effectively. For instance, during copper matte smelting, a significant amount of SO2 is generated when oxygen-rich air is introduced. By implementing these efficient sulfuric acid production methods, the industry is able to reduce sulfur burning and adhere to environmental regulations.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
160 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.8% |
Market growth 2025-2029 |
USD 1194.5 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
6.4 |
Key countries |
US |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Sulfuric Acid market in the US is primarily driven by various sectors including Agriculture and the Automotive industry. The production process involves the Contact and Lean Chamber methods, using Sulfur dioxide as a raw material. Sulfuric Acid functions as a dehydrating agent in the Metal processing and Petroleum refinery industries. Sulfate salts are by-products of Sulfuric Acid production in Acid plants. This highly corrosive mineral acid is also essential in Textile production. Both Contact and Lean Chamber processes convert Sulfur dioxide into Sulfuric Acid.
The Sulfuric Acid market in the US is a significant segment of the global specialty chemicals industry, with key applications in the Agriculture and Automotive sectors. Sulfuric acid, produced via the Lean Chamber Process or Contact Process, serves as a dehydrating agent in the production of Sulfate salts, such as inorganic phosphate fertilizers, and essential intermediates for Nitric acid and Hydrochloric acid. Furthermore, it plays a crucial role in the Metal processing industry and Petroleum refinery sector. The market's growth is influenced by factors like the increasing demand for specialty adhesives and sealants in various industries, including the Metal industry and Synthetic detergents, Dyes and pigments. However, fiscal deficits and regulatory challenges may pose challenges to market expansion.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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