Global Sulfuric Acid Market was valued $71.40 Billion in 2017 and is anticipated to reach $89.50 Billion by 2026 at a CAGR of about 2.86 % during a forecast. Increasing demand from the various end-use industries is considered to be one of the primary growth drivers for sulfuric acid market.
The growing use of sulfuric acid as an additive in several applications is one of the core factors behind the progress of the global sulfuric acid industry. Sulfuric acid one of the most broadly used inorganic chemicals and it is utilized in the manufacturing of a wide range of products that find application across several vertical industries. It is a highly corrosive, oily, and dibasic strong acid which is colorless in the pure form.