Sulfuric Acid Market

By Raw Material Type;

Elemental Sulfur, Pyrite Ore and Others

By Production Process;

Single Contact Process and Double Contact Double Absorption (DCDA)

By Concentration;

Standard (93–98 wt%) and Oleum & Fuming Acid

By End-User Industry;

Fertilizer, Chemical & Pharmaceutical, Automotive, Petroleum Refining and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn648058157 Published Date: October, 2025 Updated Date: November, 2025

Sulfuric Acid Market Overview

Sulfuric Acid Market (USD Million)

Sulfuric Acid Market was valued at USD 12,118.06 million in the year 2024. The size of this market is expected to increase to USD 15,005.26 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.1%.


Sulfuric Acid Market

*Market size in USD million

CAGR 3.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)3.1 %
Market Size (2024)USD 12,118.06 Million
Market Size (2031)USD 15,005.26 Million
Market ConcentrationHigh
Report Pages393
12,118.06
2024
15,005.26
2031

Major Players

  • BASF SE
  • Dow Inc.
  • Akzo Nobel N.V.
  • INEOS Group Holdings S.A.
  • Solvay S.A.
  • Dupont de Nemours, Inc.
  • Praxair, Inc.
  • Chemtrade Logistics Inc.
  • Climax Molybdenum Company
  • Haldor Topsoe A/S

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Sulfuric Acid Market

Fragmented - Highly competitive market without dominant players


The sulfuric acid market is expanding steadily due to its essential role in a variety of industrial processes. This strong demand is primarily driven by the fertilizer industry, which accounts for nearly 60% of total sulfuric acid consumption. The growing reliance on this compound for crop yield enhancement reinforces its significance in modern agriculture and ensures consistent market momentum.

Chemical Industry Expansion Enhances Demand
Sulfuric acid is extensively used in the production of intermediate chemicals, including nitric acid, phosphoric acid, and hydrochloric acid. As the demand for these chemicals increases across various applications, the sulfuric acid market is experiencing a proportional uptick in consumption.

Shift Toward Cleaner Production Technologies
Innovative practices such as acid recovery systems and emission minimization technologies are becoming more prevalent. Currently, over 15% of manufacturers have implemented greener solutions, aligning market operations with sustainability goals.

Industrial Momentum Sustains Market Outlook
The increasing pace of industrial development across sectors such as agriculture, chemicals, and energy is reinforcing sulfuric acid demand. Its versatility and critical function across numerous applications continue to drive the market forward. As industries evolve, the sulfuric acid market is expected to maintain a resilient growth path supported by technological innovation and industrial synergy.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Raw Material Type
    2. Market Snapshot, By Production Process
    3. Market Snapshot, By Concentration
    4. Market Snapshot, By End-User Industry
    5. Market Snapshot, By Region
  4. Sulfuric Acid Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing demand for surfactant products

        2. Growing use in cosmetic formulations

        3. Expanding pharmaceutical sector applications

        4. Rising need for industrial cleaning

      2. Restraints
        1. Volatility in raw material prices

        2. Ongoing regulatory compliance challenges

        3. Rising environmental sustainability concerns

        4. Increasing signs of market saturation

      3. Opportunities
        1. Expansion into emerging global markets

        2. Rising demand for eco-friendly products

        3. Strategic focus on product diversification

        4. Accelerated growth in online retail

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Sulfuric Acid Market, By Raw Material Type, 2021 - 2031 (USD Million)
      1. Elemental Sulfur
      2. Pyrite Ore
      3. Others
    2. Sulfuric Acid Market, By Production Process, 2021 - 2031 (USD Million)
      1. Single Contact Process
      2. Double Contact Double Absorption (DCDA)
    3. Sulfuric Acid Market, By Concentration, 2021 - 2031 (USD Million)
      1. Standard (93–98 wt%)
      2. Oleum & Fuming Acid
    4. Sulfuric Acid Market, By End-User Industry, 2021 - 2031 (USD Million)
      1. Fertilizer
      2. Chemical & Pharmaceutical
      3. Automotive
      4. Petroleum Refining
      5. Others
    5. Sulfuric Acid Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. INEOS Group Ltd
      3. PVS Chemicals Inc.
      4. Aurubis AG
      5. The Mosaic Company
      6. Akzo Nobel N.V.
      7. Solvay SA
      8. Nouryon (formerly part of Akzo / specialty chemicals spin-off)
      9. DuPont de Nemours, Inc.
      10. KANTO Corporation
      11. KMG Chemicals
      12. Boliden Group
      13. Cornerstone Chemical Company
      14. Tata Chemicals
      15. Trident Group
  7. Analyst Views
  8. Future Outlook of the Market