![]() |
市场调查报告书
商品编码
1622771
硫酸市场:依原料、应用和地区划分,2024-2031Sulfuric Acid Market By Raw Material (Elemental Sulfur, Base Metal Smelters, Pyrite Ore), Application (Fertilizers, Chemical Manufacturing, Metal Processing), & Region for 2024-2031 |
硫酸市场评估,2024-2031
由于其广泛的应用,硫酸市场在许多领域都出现了显着成长。硫酸是世界上最常生产和使用的工业化学品之一,是生产农业生产必需的肥料,特别是磷肥所必需的。由于世界人口不断增长以及由此产生的粮食产量需求增加,对化肥的需求不断增加,对硫酸的需求也在增加。预计2024年市场收入将超过129.6亿美元,到2031年估值将达到约171.2亿美元。
这些地区的工业化和城市化正在快速推进,促使建筑、汽车和能源等各种用途需要大量硫酸的行业活动增加,预计从 2024 年起该市场将以 3.90 的复合年增长率增长到2031 年。将增长%。
硫酸市场定义/概述
硫酸 (H2SO4) 是工业製程中使用的腐蚀性浓缩化学物质。它是一种无色至微黄色粘稠液体,因其在多种行业中的广泛使用和重视而被称为 "化学之王" 。硫酸通常透过催化过程生产,其中二氧化硫 (SO2) 被氧化为三氧化硫 (SO3),三氧化硫被水吸收以产生酸。
它是最常用的工业化合物之一,用于多种行业。主要用途之一是生产肥料,特别是磷肥。在此过程中,硫酸与磷矿结合产生磷酸,磷酸是磷酸一铵 (MAP) 和磷酸二铵等肥料的关键成分。
硫酸是最常用的工业化合物之一,在多种行业中都有应用。其主要用途之一是生产肥料,特别是磷肥。在此过程中,硫酸与磷矿结合产生磷酸,磷酸是磷酸一铵 (MAP) 和磷酸二铵等肥料的关键成分。
由于化肥需求增加,农业成为主要驱动力,全球硫酸市场正迅速扩张。这一趋势在农业活动不断扩大、人口不断增长的新兴国家尤其明显。根据联合国粮食及农业组织(FAO)预测,2022年,全球化肥料使用量预计将达到2.01亿吨,比2015年每年增长1.3%。硫酸是生产磷肥的重要原料,占全球硫酸消耗量的60%以上。
在全球最大的化肥消费国中国,农业农村部公布的2021年化肥消费量为5,490万吨,较上年增加2%。印度是另一个重要的农业市场,据化肥部称,2020-21 年化肥用量将增加 3.2%,达到 6,370 万吨。美国农业部 (USDA) 预测,到 2050 年,全球农业产量需要增加 70%,才能满足全球不断增长的粮食需求、化肥以及硫酸的需求。
硫酸市场严重依赖专业人员,特别是在生产、处理和应用作业方面。硫酸是一种重要的工业化学品,用于化肥、化学品製造、石油精炼和金属加工等多种行业,由于其高腐蚀性,必须小心处理。硫酸生产的复杂性以及缺乏瞭解安全操作的经验丰富的人员可能会对市场构成重大障碍。
缺乏合格的专业人员可能会阻碍硫酸产业的创新和技术进步。随着公司寻求更永续、更有效率的製造方法以减少对环境的影响,对技术熟练人才的需求持续增长。产能不足可能会限制旨在减少排放和提高硫酸生产效率的尖端技术和方法的采用。这可能会限制市场成长潜力,特别是在硫酸需求迅速扩大的地区,例如新兴国家。
The sulfuric acid market is experiencing substantial growth due to its wide range of uses in numerous sectors. Sulfuric acid, one of the most frequently produced and used industrial chemicals in the world is needed for the production of fertilizers, notably phosphate fertilizers which are critical for agricultural output. With the growing worldwide population and the resulting requirement for higher food production, the demand for fertilizers has increased, hence increasing the demand for sulfuric acid by enabling the market to surpass a revenue of USD 12.96 Billion valued in 2024 and reach a valuation of around USD 17.12 Billion by 2031.
Rapid industrialization and urbanization in these regions have resulted in increased activity in industries such as construction, automotive, and energy all of which require large volumes of sulfuric acid for varied uses by enabling the market to grow at aCAGR of 3.90% from 2024 to 2031.
Sulfuric Acid Market: Definition/ Overview
Sulfuric acid (H2SO4) is a caustic and dense chemical substance used in industrial processes. It is a colorless to slightly yellow viscous liquid that is dubbed the "king of chemicals" due to its widespread use and importance in a variety of industries. Sulfuric acid is generally produced through the contact process, where sulfur dioxide (SO2) is oxidized into sulfur trioxide (SO3) and absorbed in water to generate the acid.
It is one of the most commonly used industrial compounds with applications across several industries. One of its principal applications is the production of fertilizers, specifically phosphate fertilizers. In this process, sulfuric acid combines with phosphate rock to produce phosphoric acid which is a key component in fertilizers such as monoammonium phosphate (MAP) and diammonium phosphate.
Sulfuric acid is one of the most commonly used industrial compounds with applications across several industries. One of its principal applications is the production of fertilizers, specifically phosphate fertilizers. In this process, sulfuric acid combines with phosphate rock to produce phosphoric acid which is a key component in fertilizers such as monoammonium phosphate (MAP) and diammonium phosphate.
Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.
The global sulfuric acid market is expanding rapidly with agriculture emerging as a key driver due to the increased need for fertilizers. This trend is especially noticeable in developing countries with expanding agricultural activity and rising populations. According to the Food and Agriculture Organization (FAO), global fertilizer usage is expected to reach 201 million tons by 2022, indicating a 1.3% annual increase from 2015. Sulfuric acid is an important component in the manufacturing of phosphate fertilizers, accounting for over 60% of total sulfuric acid consumption worldwide.
In China, the world's top fertilizer consumer, the Ministry of Agriculture and Rural Affairs reported a 2% year-on-year growth in fertilizer consumption in 2021, totaling 54.9 million tons. India, another significant agricultural market, increased its fertilizer usage by 3.2% in the fiscal year 2020-21, reaching 63.7 million tons, according to the Department of Fertilizers. The United States Department of Agriculture (USDA) predicts that global agricultural production will need to expand by 70% by 2050 to fulfill the world's growing food demand, increasing the demand for fertilizers and, as a result, sulfuric acid.
The sulfuric acid market relies heavily on specialized personnel, especially in the production, handling, and application operations. Sulfuric acid, a crucial industrial chemical utilized in a variety of industries including fertilizers, chemical manufacture, petroleum refining, and metal processing must be handled with caution due to its strong corrosiveness. A lack of experienced people who understand the complexity of sulfuric acid manufacturing and safe handling might pose substantial hurdles to the market.
A deficiency of competent experts may impasse innovation and technological progress in the sulfuric acid sector. As firms seek more sustainable and efficient manufacturing methods to reduce environmental effects, the demand for technically skilled individuals grows even more. A lack of competence can limit the adoption of cutting-edge technology and practices aimed at lowering emissions and increasing the efficiency of sulfuric acid production. This could limit the market's growth potential, especially in areas where demand for sulfuric acid is quickly expanding such as emerging economies.
According to VMR analysis, the elemental sulfur sector is expected to have the greatest market share in the raw material segment over the projection period. Elemental sulfur is widely available and one of the most plentiful elements on Earth. Because of its abundance, it is a readily available and economical raw material for the production of sulfuric acid. The biggest sulfur producers are the United States, Canada, Russia, and China ensuring a steady supply for global markets.
Elemental sulfur may be efficiently turned into sulfuric acid resulting in a highly purified product.
The effectiveness of turning elemental sulfur into sulfuric acid helps to minimize production costs.
Furthermore, with increasing environmental concerns and stricter limits on industrial emissions, elemental sulfur provides an advantage. The conversion of elemental sulfur into sulfuric acid emits fewer pollutants than metal smelters or the combustion of pyrite ore. This makes elemental sulfur a more environmentally friendly option for businesses looking to reduce their environmental effect while maintaining standards.
The fertilizer segment is expected to dominate the sulfuric acid market over the forecast period. The world's population is continually expanding creating a bigger demand for food production. This increase necessitates more agricultural output which instantly raises the demand for fertilizers to boost crop yields. Sulfuric acid is required for the manufacturing of phosphoric acid, a crucial component of phosphate fertilizers, hence the demand for sulfuric acid is consistent with agricultural needs.
As the global emphasis on agricultural output quantity and quality develops, farmers are becoming more reliant on effective fertilizers to improve soil nutrition and crop health. Sulfuric acid-based fertilizers help to provide crucial nutrients like phosphorus which is essential for plant energy transfer and photosynthesis, hence improving production. Furthermore, in many countries, governments provide subsidies for agricultural inputs like fertilizers to encourage more efficient and sustainable farming practices.
In What Ways Does Rapid Agricultural Development Propel the Market in the Asia Pacific Region?
The Asia Pacific region dominates the worldwide sulfuric acid market owing to its rapid agricultural development and rising industrial sectors. China and India are the primary drivers of this domination accounting for a sizable percentage of the region's sulfuric acid usage.
Rapid agricultural expansion in the Asia Pacific region is a major driver of the sulfuric acid market. The Food and Agriculture Organization (FAO) reports that agricultural production in the Asia-Pacific region has expanded by 80% over the last two decades.
Furthermore, the Asian Development Bank (ADB) projects that agricultural productivity in the Asia Pacific region will need to increase by 70% by 2050 to meet rising food demand, implying a further increase in sulfuric acid usage for fertilizer manufacturing. Furthermore, the rising industrial sector in the Asia Pacific region drives up demand for sulfuric acid. According to the United Nations Industrial Development Organization (UNIDO), industrial production in the region has increased at an average annual rate of 6.5% over the last decade.
The sulfuric acid market in North America is experiencing rapid growth with the United States leading the region due to its robust industrial sector and increasing demand from various end-use industries. The market is projected to expand at a CAGR of 3.5% from 2021 to 2026, according to the U.S. Geological Survey (USGS). One of the key factors fueling the demand for sulfuric acid in North America is the growing fertilizer industry. The U.S. Department of Agriculture reports that fertilizer consumption in the United States reached 20.8 million nutrient tons in 2022, a 3.2% increase from the previous year.
Furthermore, the rise of the petrochemical industry is driving up demand for sulfuric acid. According to the American Chemistry Council, chemical output volume in the United States climbed by 1.4% in 2022 and is expected to grow by 2.1% in 2023. The United States Environmental Protection Agency estimates that public water systems treat nearly 34 billion gallons of water every day, underlining the continual need for water treatment chemicals such as sulfuric acid.
The Sulfuric Acid Market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions, and political support. The organizations are focusing on innovating their product line to serve the vast population in diverse regions.
Some of the prominent players operating in the sulfuric acid market include:
The Mosaic Company
AkzoNobel N.V.
BASF SE
PVS Chemical Solution
Solvay
Agrium, Inc.
INEOS
In August 2022, PVS Chemicals, Inc. and Energy Systems Group, LLC formed a partnership. This cooperation planned to boost the sustainability of its Chicago sulfuric acid business by collecting waste steam and generating 2.6 MW of renewable energy using a steam turbine generator.
In May 2024, Boliden AB, a major European mining and metals company, announced plans to expand sulfuric acid production capacity at its Odda zinc smelter in Norway. This facility aims to meet the growing demand for sulfuric acid in the region's fertilizer and industrial sectors.