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Sulfuric acid is a chemical compound and is also known as vitriol or hydrogen sulfate. It is a thick, colourless, acidic, and greasy liquid.
It is used in the production of fertilizers, pigments, dyes, drugs, explosives, detergents, and inorganic salts and acids, as well as in petroleum refining and metallurgical processes.
It is produced commercially by the reaction of water with sulfur trioxide. It is one of the most industrially critical chemicals. The chemical formula of sulfuric acid is H2SO4.
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South Korea, Canada, Qatar, and the United States are the leading sulfuric acid-producing countries across the globe.
Key Details About the Sulfuric Acid Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Sulfuric Acid price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Sulfuric Acid Price analysis, including India Sulfuric Acid price, USA Sulfuric Acid price, pricing database, and chart can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Sulfuric Acid Price Trend:
Sulfuric acid is one of the perilous industrial chemicals that is utilised in the production of various goods such as wastewater processing, production of cleaning agents, processing of minerals, and producing explosives and detergents.
Additionally, it is used in the pulp and paper sector for chlorine dioxide production, tall oil splitting, and pH adjustments.
Aside from that, it is employed in the production of various popular chemicals such as hydrochloric acid, nitric acid, phosphoric acid, and several other industrial chemicals.
Key Players:
- Asahi Kasei
- Lanxess
- LG Chem
- Polimeri Europa
- Sinopec
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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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Sulfuric acid is a critical commercial chemical that is utilised in the production processes of several goods on a broad range of applications. This chemical is employed in the pulp and paper industry for generating chlorine dioxide, tall oil splitting and pH adjustments. Since it is an extremely crucial chemical compound, sulfuric acid is utilised in the production process of a variety of recognised chemicals such as hydrochloric acid, nitric acid, phosphoric acid, and various other industrial chemicals.
