Global Sulfuric Acid Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Pyrite Ore, Elemental Sulfur, Base Metal Smelters and Others

By Application;

Fertilizers, Chemical Manufacturing, Metal Processing, Refining, Automotive, and Others

By End User;

Food & Beverages, Agriculture, Chemicals Processing, Pharmaceuticals, Textile & Leather, Petroleum Refining, Paper & Pulp, Oil & Gas, and Others

By Geography;

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


Global Sulfuric Acid Market Growth, Share, Size, Trends and Forecast

*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

Global 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 Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. 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 Type, 2021 - 2031 (USD Million)
      1. Pyrite Ore
      2. Elemental Sulfur
      3. Base Metal Smelters
      4. Others
    2. Sulfuric Acid Market, By Application, 2021 - 2031 (USD Million)
      1. Fertilizers
      2. Chemical Manufacturing
      3. Metal Processing
      4. Refining
      5. Automotive
      6. Others
    3. Sulfuric Acid Market, By End Use, 2021 - 2031 (USD Million)
      1. Food & Beverages
      2. Agriculture
      3. Chemicals Processing
      4. Pharmaceuticals
      5. Textile & Leather
      6. Metal Processing
      7. Petroleum Refining
      8. Paper & Pulp
      9. Oil & Gas
      10. Others
    4. 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. Dow Inc.
      3. Akzo Nobel N.V.
      4. INEOS Group Holdings S.A.
      5. Solvay S.A.
      6. Dupont de Nemours, Inc.
      7. Praxair Inc.
      8. Chemtrade Logistics Inc.
      9. Climax Molybdenum Company
      10. Haldor Topsoe A/S
  7. Analyst Views
  8. Future Outlook of the Market