Mercado Do Acido Sulfurico

Download as pdf or txt
Download as pdf or txt
You are on page 1of 61

Sample

GLOBAL SULFURIC ACID MARKET


(STUDY PERIOD: 2019 – 2050)

Domain: Chemicals and Materials

Base Year: 2023

Forecast Period: 2024 - 2050

Market Intelligence/Advisory

+1 617 765 2493

[email protected]

www.mordorintelligence.com

SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


TABLE OF CONTENTS
1 SCOPE OF THE REPORT 2.4.2.1.1 China
1.1 Scope Of The Study 2.5 Sample - Competitive Landscape
1.2 Study Assumptions And Market Definition 2.5.1 Market Share (%)/ranking Analysis
1.3 Report’s Table Of Contents 2.5.2 Nouryon

2 SAMPLES 3 RESEARCH METHODOLOGY


2.1 Executive Summary And Key Findings 3.1 Research Framework
2.2 Market Overview 3.2 Secondary Research
2.2.1 Introduction 3.3 Primary Research
2.3 Market Dynamics 3.4 Data Triangulation And Insight Generation
2.3.1 Driver – High Demand For Sulfuric Acid In Phosphate-based Fertilizers
2.3.2 Trade Overview – Hs Code 2807 4 CREDENTIALS
2.3.3 Regional Production Analysis 4.1 Illustrative List Of Clients In The Industry
2.4 Market Segmentation
2.4.1 End-user Industry 5 ABOUT US
2.4.1.1 Chemical And Pharmaceutical 5.1 Industries Covered
2.4.2 Geography 5.1.1 Markets Covered In Chemicals And Materials
2.4.2.1 Asia-pacific 5.2 Our Customized Research Capabilities

2 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


1 SCOPE OF THE REPORT
1.1 Scope of the Study
1.2 Study Assumptions and Market Definition
1.3 Report’s Table of Contents

#TOC_DIVIDER#

3 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

1.1 SCOPE OF THE STUDY


DELIVERABLE DETAILS

Introduction and
This section will provide the market scope, inclusions, and exclusions along with detailed research methodology.
Research Methodology

Executive Summary This section will provide a summary of the market study focusing on the market size, largest markets, opportunities, growth, and market players.

Market Insights and This section will cover an introduction and analyze market dynamics, including drivers, as well as restraints. It will also provide an industry value
Dynamics chain analysis and Porter's Five Forces Analysis focusing on supplier and buyer power, threats from new entrants and substitutes, and overall
market competition. This section will also include Price Trend Analysis, Trade Scenario and Regional Production Capacities.

This section will cover market size data and projections, accompanied by qualitative analyses. It will include market segmentation based on Raw
Market Segmentation
Material Type, End-user Industry and Geography.

This section covers the activities of the major players in the market, along with their current strategies and recent developments (sales, mergers
Key Company Profiles
and acquisitions, strategies, etc.). This section will also detail each of the player's market presence, and their product offerings.

Future Outlook of the The section analyses the anticipated trends and opportunities in the market studied, which are likely to have a major impact on the market in
Market future.

4 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

1.1 SCOPE OF THE STUDY

RAW MATERIAL TYPE END USER INDUSTRY GEOGRAPHY

• Elemental Sulfur • Fertilizer • Asia-Pacific


• Pyrite Ore • Chemical and Pharmaceutical • North America
• Other Raw Material Types • Automotive • Europe
• Petroleum Refining • South America
• Other End-user Industries (Pulp and Paper, Metal • Middle-East and Africa
Processing)

5 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

1.2 STUDY ASSUMPTIONS AND MARKET DEFINITION

BASE YEAR, REVIEW, AND


BASE UNIT AND CURRENCY FORECAST TERMS PRIMARY RESEARCH
FORECAST PERIOD

The base currency considered is the The base year is identified based on Market-size estimations for the The distribution of primary
US Dollar (USD). Conversion of other the availability of annual reports and forecast years are in real terms. The interviews conducted is based on
currencies is based on the average secondary research information. The exchange rate conversion for the the regional share of the market and
exchange rates of the respective base year considered for this study forecast period is determined the presence of key players in each
review period. is 2023. The review period according to the base year’s of the demographics pertinent to
considered for this study is from conversion rates. Nominal values are the market studied.
The base unit considered for market
2019 to 2023. The CAGR considered only considered. Inflation is not to
estimation is million metric tons (by
is for the forecast period of 2024- be considered.
volume).
2050.

Note: The company’s revenues mentioned are as per the fiscal year in the HQ of the company, and currency conversion is as per the account closure date of the company.

MARKET DEFINITION

Sulfuric acid, also called oil of vitriol or hydrogen sulfate, is a dense, colorless, oily, and corrosive liquid. It is used in various concentrations
DEFINITION
during the manufacturing of different fertilizers, drugs, and chemicals.

The research monitors essential market parameters, influential growth factors, and prominent industry players, aiding in market estimations and
SCOPE OF THE growth projections for the forecast period. Specifically focusing on the volume of the global sulfuric acid market, it also highlights price trend
REPORT analysis, market trends, and profiles of key companies. It also focuses on the supply scenario of the global market, covering the production
landscape and trade analysis.

6 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

1.3 REPORT’S TABLE OF CONTENTS


4.4.2 Bargaining Power of Buyers
1 INTRODUCTION
4.4.3 Threat of New Entrants
1.1 Study Assumptions and Market Definition
4.4.4 Threat of Substitute Products and Services
1.2 Scope of the Study
4.4.5 Degree of Competition
4.5 Price Trend Analysis - Global Average and Major Countries (This section will
2 RESEARCH METHODOLOGY provide the price trends for Sulfuric Acid from 2019 to 2050)
4.6 Trade Overview – HS Code 2807 (This section will provide the import and
3 EXECUTIVE SUMMARY export data from 2019-2023)
4.7 Regional Production Analysis (2023)
4 MARKET OVERVIEW
4.1 Introduction 5 MARKET SEGMENTATION (Overview, Market Size and Forecast, Recent
Trends, Market Opportunities, etc.)
4.2 Market Dynamics
5.1.1 Raw Material Type
4.2.1 Drivers
5.1.1.1 Elemental Sulfur
4.2.1.1 High Demand for Sulfuric Acid in Phosphate-based Fertilizers
5.1.1.2 Pyrite Ore
4.2.1.2 Growing Demand from Chemical and Pharmaceutical Industries
5.1.1.3 Other Raw Material Types
4.2.2 Restraints
5.1.2 End-user Industry
4.2.2.1 Volatility in Raw Material Pricing
5.1.2.1 Fertilizer
4.2.2.2 Other Restraints
5.1.2.2 Chemical and Pharmaceutical
4.3 Industry Value Chain Analysis
5.1.2.3 Automotive
4.4 Porter's Five Forces Analysis
5.1.2.4 Petroleum Refining
4.4.1 Bargaining Power of Suppliers
5.1.2.5 Other End-user Industries (Pulp and Paper, Metal Processing)

7 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

1.3 REPORT’S TABLE OF CONTENTS


5.3 Geography 5.3.3.6 NORDIC countries
5.3.1 Asia-Pacific 5.3.3.7 Turkey
5.3.1.1 China 5.3.3.8 Russia
5.3.1.2 India 5.3.3.9 Rest of Europe
5.3.1.3 Japan 5.3.4 South America
5.3.1.4 South Korea 5.3.4.1 Brazil
5.3.1.5 Malaysia 5.3.4.2 Argentina
5.3.1.6 Thailand 5.3.4.3 Colombia
5.3.1.7 Indonesia 5.3.4.4 Rest of South America
5.3.1.8 Vietnam 5.3.5 Middle East & Africa
5.3.1.9 Rest of Asia-Pacific 5.3.5.1 Saudi Arabia
5.3.2 North America 5.3.5.2 Qatar
5.3.2.1 United States 5.3.5.3 United Arab Emirates
5.3.2.2 Canada 5.3.5.4 Nigeria
5.3.2.3 Mexico 5.3.5.5 Egypt
5.3.3 Europe 5.3.5.6 South Africa
5.3.3.1 Germany 5.3.5.7 Rest of Middle East & Africa
5.3.3.2 United Kingdom
5.3.3.3 France 6 COMPETITIVE LANDSCAPE
5.2.3.4 Italy 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
5.3.3.5 Spain 6.2 Market Share (%)/Ranking Analysis

8 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

1.3 REPORT’S TABLE OF CONTENTS


6.3 Strategies Adopted for Leading Players
6.4 Company Profiles (Overview, Financials**, Products Details, Production
Capacities**, and Recent Developments, SWOT Analysis for Top 4-5 Players)
6.4.1 Jiangxi Copper Group Co. Ltd
6.4.2 Aurubis AG
6.4.3 Boliden Group
6.4.4 KMG Chemicals
6.4.5 Nouryon
6.4.6 PhosAgro Group of Companies
6.4.7 Mosaic
6.4.8 WeylChem International GmbH
6.4.9 Yunnan Copper Co. Ltd
6.4.10 Hindustan Zinc
6.5 List of Other Prominent Companies (Company Name, Headquarters,
Revenue**, Product Details, Production Capacities**, Recent Trends, Technology
or Projects, Contact Details, etc.) In Tabular Form

7 MARKET OPPORTUNITIES AND FUTURE TRENDS


7.1 Growing Use Of Oleum In Medical And Other Industries

**Subject to Availability on Public Domain, Paid Databases, and Primary


Interviews

9 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


2 SAMPLES
2.1 Sample - Executive Summary and Key Findings
2.2 Sample - Market Overview
2.3 Sample - Market Dynamics
2.4 Sample - Market Segmentation
2.5 Sample - Competitive Landscape

#TOC_DIVIDER#

10 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.1 EXECUTIVE SUMMARY AND KEY FINDINGS

LARGEST END-USER INDUSTRY LARGEST RAW MATERIAL TYPE


280 million metric tons XX million metric tons
Market Size in Market Size in XX% XX%
2024 2050
Volume Share, XX, 2023 Volume Share, XX, 2023

The XX segment held a major share in the global Sulfuric acid was majorly produced through XX
sulfuric acid market. This can be attributed to the owing to its vast availability and ease of
XX% XX% growing usage of sulfuric acid in manufacturing manufacturing.
CAGR CAGR phosphate fertilizers such as superphosphate of lime
(2019-2024) (2024-2050) and ammonium sulfate.

LARGEST REGION FIRST LEADING MARKET PLAYER SECOND LEADING MARKET PLAYER

XX% XX% XX%


Volume Share, XX 2023 Market Share/Ranking, XX, 2023 Market Share/Ranking, XX, 2023

The significant demand for sulfuric acid in XX was XX was the leading manufacturer and supplier of XX ranked second in the market studied. The
attributed to its extensive use in various industries sulfuric acid globally. The company has an annual company presently has a strong brand positioning
such as fertilizers, chemicals, paper, and pulp. XX production capacity of XX million tons of sulfuric and is focusing on partnerships with various
was one of the largest chemical producers in the acid. independent distributors to enhance its business
world, which, in turn, fuels the market’s growth. globally.

11 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.2 MARKET OVERVIEW


4 MARKET OVERVIEW
4.1 Introduction
4.2 Market Dynamics
4.2.1 Drivers
4.2.1.1 High Demand for Sulfuric Acid in Phosphate-based Fertilizers
4.2.1.2 Growing Demand from Chemical and Pharmaceutical Industries
4.2.2 Restraints
4.2.2.1 Volatility In Raw Material Pricing
4.2.2.2 Other Restraints
4.3 Industry Value Chain Analysis
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
4.5 Price Trend Analysis - Global Average and Major Countries
4.6 Trade Scenario – HS Code 2807
4.7 Regional Production Analysis

12 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.2.1 INTRODUCTION
PRODUCTION VOLUME OF SULFURIC SULFURIC ACID MARKET OVERVIEW
ACID, IN MILLION METRIC TONS, CHINA, • The global sulfuric acid market size is estimated at 280 million metric tons in 2024. It is expected to reach xx million metric tons by
2019 - 2022 2050, growing at a CAGR of XX% during the forecast period (2024-2050).
 The rising demand for sulfuric acid in phosphate-based fertilizers, along with chemical and pharmaceutical industries, is fueling
the market’s growth.
95.05  On the flip side, volatility in raw material pricing is hindering the market’s growth.
 The growing use of oleum in medical and other industries is likely to create an opportunity for the market studied.
THE IMPACT OF THE CHEMICAL AND PHARMACEUTICAL INDUSTRY ON THE GLOBAL SULFURIC ACID MARKET
93.83 • The burgeoning chemical and pharmaceutical industries are significantly driving the demand for sulfuric acid. Sulfuric acid serves as
a crucial catalyst and reactant in the production of numerous compounds, from fertilizers and pigments to detergents and
pharmaceuticals. As these industries expand to meet growing global needs, the consumption of sulfuric acid correspondingly
increases, making it a cornerstone chemical in modern manufacturing processes.
• According to CPHI (Convention on Pharmaceutical Ingredients), the United States is the world's largest pharmaceutical market,
92.38 accounting for 41% of global pharmaceutical spending. The United States is home to large pharmaceutical and biopharmaceutical
companies, drug developers, and a center of innovation.
 In February 2023, Agilent Technologies, a California-based biotechnology research company, announced its plans to invest
91.19 about USD 725 million to expand its manufacturing capacity for high-quality active pharmaceutical ingredients in Frederick,
Colorado. The new facility is projected to be fully operational by 2026.
• Germany is a leading chemical producer in the European region and accounts for over 70% of Europe’s chemical exports. The
German chemical industry excels in all categories, including basic inorganics, petrochemicals, polymers, agrochemicals, specialties,
cosmetics, and medicines. It is also widely distributed across the country, while some locations specialize in basic chemicals while
others specialize in specialties like pharmaceuticals.
COMPETITIVE LANDSCAPE IN THE GLOBAL SULFURIC ACID MARKET
• The global sulfuric acid market is highly fragmented, where the top five players hold approximately XX% of the market demand.
2019 2020 2021 2022 Some of the major players include Mosaic, Phos Agro, Jiangxi Copper Group Co. Ltd, Yunnan Copper Co. Ltd, and Aurubis AG.

Source: National Bureau of Statistics of China


DETAILED ANALYSIS WILL BE PROVIDED IN THE FULL REPORT

13 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.2.1 INTRODUCTION

DETAILED ANALYSIS WILL BE PROVIDED IN THE FULL REPORT

14 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.3 MARKET DYNAMICS

DRIVER RESTRAINT

HIGH
IMPACT
HIGH DEMAND FOR SULFURIC ACID IN PHOSPHATE-
BASED FERTILIZERS

VOLATILITY IN RAW MATERIAL PRICING

UPDATED CHART WILL BE PROVIDED IN THE FULL REPORT

GROWING DEMAND FROM CHEMICAL AND


PHARMACEUTICAL INDUSTRIES

OTHER RESTRAINTS

LOW
IMPACT
SHORT TERM LONG TERM
Source: Mordor Intelligence

15 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.3.1 DRIVER – HIGH DEMAND FOR SULFURIC ACID IN PHOSPHATE-BASED FERTILIZERS


NPK FERTILIZER CONSUMPTION CHANGE (%), GLOBAL, 2019 TO 2025*
SULFURIC ACID IN THE FERTILIZERS INDUSTRY
• Sulfuric acid is one of the most common acids used worldwide. The major end-user of
sulfuric acid is the fertilizer industry. By far, the largest amount of sulfuric acid is used in
the manufacturing of phosphoric acid, which, in turn, is used to make phosphate 6.0%
fertilizers, calcium dihydrogen-phosphate, and ammonium phosphates. It is also used to
make ammonium sulfate, a particularly important fertilizer in sulfur-deficient conditions. 4.4%
• Around the world, farmers use fertilizers with three major primary nutrients to improve 4.0%
the quality and yield of their crops, namely, nitrogen, phosphorus, and potassium, also 4.0%
known as NPK.
• Some fertilizers, such as two-component fertilizers like mono-ammonium phosphate 2.3%
(MAP) and diammonium phosphate (DAP), offer farmers an effective medium for 2.0%
1.80%
2.0%
delivering nitrogen and phosphorus to soils. Sulfuric acid is used as a key first step in
producing MAP and DAP, after which it is mixed with phosphate rock to produce
phosphoric acid. Furthermore, the phosphoric acid production process consumes
energy, and an on-site sulfuric acid plant, a net energy producer, is a critical part of the 0.0%
fertilizer production process. 2019 2020 2021 2022 2023 2024* 2025*
GROWING PRODUCTION AND CONSUMPTION OF FERTILIZERS IN THE
GLOBAL MARKET
• According to the International Fertilizer Association, globally, consumption of fertilizers -2.0%
recovered by around 4% in 2023 to reach 192.5 million metric tons (MMT), as compared
to the previous year.
-2.8%
• The world's population is predicted to reach an equilibrium level by 2050. The mid-
term demand for fertilizer is reported to rise by 5% per year. Hence, the utilization -4.0%
of sulfur in the production of fertilizers has increased.
• As per the Department of Fertilizers in India, over 36 million metric tons of fertilizers -4.9%
were produced in 2023. As per the Ministry of Chemicals and Fertilizers of India, the
total consumption of fertilizers during the 2022-23 period stood at 401.46 lakh -6.0%
metric tons. Also, according to the Department for Promotion of Industry and
InternalDETAILED
Trade, 2023 indicatesWILL
ANALYSIS a considerable
BE PROVIDED increase in India's
IN THE FULL production
REPORT of Source: International Fertilizer Association
fertilizers when compared to the previous year at 9.6%.

16 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.3.1 DRIVER – HIGH DEMAND FOR SULFURIC ACID IN PHOSPHATE-BASED FERTILIZERS


• Moving through 2023, the US Department of Agriculture (USDA) announced that 47 states and two territories will be given the first two rounds of a new grant program to expand
innovative production for domestic fertilizer production capacity. USDA further announced that it received USD 3 billion in applications from more than 350 independent
companies, thus highlighting significant recovery in the fertilizer industry in the country.
• According to Statista Canada, the country produces over 12% share of the world’s fertilizer output and exhibits export to over 75 countries. The country itself is a significant demand
propeller for fertilizers, with an estimated 93.4 million acres of cropland dependent on fertilizers for the replenishment of nutrients. The Canadian government, in July 2022, invested
over CAD 1.6 million (USD 1.21 million) in new technology for high-efficiency fertilizers. These initiatives accelerate the fertilizer industry in the region.
• According to Indorama Corporation, the global demand for NPKs hovers around 20 million tons annually. Dominating the phosphorus fertilizer landscape, DAP stands out as the
most widely utilized. Its popularity stems from its high nutrient content and superior physical properties. Serving as a prime source of phosphorus (P) and nitrogen (N), DAP ensures
optimal nutrition for plants. Specifically, it delivers the right balance of phosphorus and nitrogen essential for cultivating grains like wheat and barley, as well as fruits and
vegetables. The global demand for DAP is about 30 million tons a year.

DETAILED ANALYSIS WILL BE PROVIDED IN THE FULL REPORT

Source: Mordor Intelligence

17 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

INDUSTRY VALUE CHAIN ANALYSIS

RAW MATERIAL BENZENE RECYCLE PIBP RECYCLE END PRODUCT

Cumene
Alkylation Transalkylation
Propylene
Reactor Reactor
APPLICATIONS

Benzene Cumene PIPB • Phenol


Benzene Recovery Recovery Recovery • Acetone
• Paints and Enamels
DETAILED ANALYSIS WILL BE PROVIDED IN THE FULL REPORT • High-octane Aviation Fuels
• Other Applications
Residue

Cumene can be produced from the The commercial production of cumene Three types of acidic catalysts can Cumene is extensively used in the
distillation of coal tar and petroleum is majorly observed through the produce cumene – aluminum chloride, production of phenol and acetone. It is
fractions or by alkylation of benzene alkylation process. solid phosphoric acid (SPA), and also used in the industries engaged in
with propylene using an acidic catalyst. zeolite catalysts. At present, zeolite producing paints, enamels, high-
catalysts are the most preferred octane aviation fuels, etc.
catalyst for producing cumene.

Source: Mordor Intelligence

18 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

PORTER'S FIVE FORCES ANALYSIS

• The bargaining power of suppliers is expected to be ___________


in the market studied.

THREAT OF NEW ENTRANTS


• The bargaining power of buyers is expected to be ___________ in
the market studied.

BARGAINING
POWER OF
• The DETAILED
threat of new entrants is
ANALYSIS expected
WILL to be ___________
BE PROVIDED IN THE over
SUPPLIERS
the forecast period. FULL REPORT
THREAT OF DEGREE OF
SUBSTITUTE COMPETITION
PRODUCTS • The threat of substitute products and services is likely to be
AND
___________ over the forecast period.
SERVICES

• The degree of competition in the market studied is anticipated to


BARGAINING
be ___________ over the forecast period.
POWER OF
BUYERS

Source: Mordor Intelligence

19 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

BARGAINING POWER OF SUPPLIERS


MARKET PARAMETERS DETAILED DESCRIPTION

Unfavourable
Low Favourable
High
1
FACTORS 0 2 4 6 8 10
0

Supplier concentration to firm


concentration ratio

Strength of distribution channels

Impact of inputs on cost or UPDATED CHART WILL BE PROVIDED DETAILED ANALYSIS WILL BE PROVIDED IN THE FULL REPORT
differentiation IN THE FULL REPORT

Degree of differentiation of inputs

Supplier switching costs relative to firm


switching costs

Supplier competition: The ability to


forward, vertically integrate, and cut out
the buyer

Source: Mordor Intelligence

20 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

PRICE TREND ANALYSIS

SULFURIC ACID: AVERAGE PRICE, IN USD/METRIC TONS, GLOBAL AVERAGE AND MAJOR COUNTRIES, 2019-2029 (FORECASTED)
XX

XX

XX

XX
XX

XX
XX

XX

XX
XX
PRICE IN USD/TON

XX
DETAILED ANALYSIS WILL BE PROVIDED IN THE FULL REPORT

2019 2020 2021 2022 2023 2024 (f) 2025 (f) 2026 (f) 2027 (f) 2028 (f) 2029 (f)
YEAR

Source: Mordor Intelligence

21 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.3.2 TRADE OVERVIEW – HS CODE 2807


GLOBAL EXPORTS IN TONS, BY MAJOR COUNTRIES, 2019-2023, HS GLOBAL IMPORTS IN TONS, BY MAJOR COUNTRIES, 2019-2023, HS
CODE: 2807 SULPHURIC ACID; OLEUM CODE: 2807 SULPHURIC ACID; OLEUM

Japan
Chile
South Korea
United States
China
India
Canada
Philippines
Peru
Indonesia
Germany
Morocco
Belgium
Thailand
Bulgaria
Kazakhstan
Spain
Brazil
Philippines
Congo
Russian
DETAILED ANALYSIS WILL BE PROVIDED IN THE FULL REPORT Saudi Arabia
Sweden
Türkiye
Zambia
Germany
Netherlands
Belgium
Thailand
China
United States

2019 2020 2021 2022 2023 2019 2020 2021 2022 2023

Source: ITC Trademap

22 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.3.3 REGIONAL PRODUCTION ANALYSIS

PRODUCTION OF SULFURIC ACID WORLDWIDE, BY COUNTRY, IN KILO


TONS, 2023

• The global market for Dimethyl Terephthalate is consolidated with nature, with the top
three players acquiring a significant share of the market.
• The Turkish company SASA Polyester Sanayi A.Ş. is the largest manufacturer of DMT in
the global market, with a total production capacity of around 280,000 tons per year for
producing DMT.

DETAILED ANALYSIS WILL BE PROVIDED IN THE FULL REPORT

China United India Russia Japan South Germany Brazil Canada Mexico Rest of
States Korea the
World

Source: U.S. Geological Survey (USGS)

23 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.4 MARKET SEGMENTATION

5 MARKET SEGMENTATION
5.1 Raw Material Type
5.2 End-user Industry
5.3 Geography

24 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.4.1 END-USER INDUSTRY


5.2 END-USER INDUSTRY
5.2.1 Fertilizer
5.2.2 Chemical and Pharmaceutical
5.2.3 Automotive
5.2.4 Petroleum Refining
5.2.5 Other End-user Industries (Pulp and Paper, Metal Processing)

25 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.4.1 END-USER INDUSTRY


SULFURIC ACID MARKET, VOLUME IN MILLION METRIC TONS, END-USER SULFURIC ACID MARKET, VOLUME SHARE (%), END-USER INDUSTRY,
INDUSTRY, GLOBAL, 2019-2050 GLOBAL, 2019-2050
CAGR (2024-2050): XX%

CHART NOT TO SCALE CHART NOT TO SCALE

2019 2020 2021 2022 2023 2024 (est.) 2030 (f) 2050 (f) 2024 (est.) 2030 (f) 2050 (f)

Fertilizer Chemical and Pharmaceutical Automotive


Fertilizer Chemical and Pharmaceutical Automotive Petroleum Refining Other End-user Industries
Petroleum Refining Other End-user Industries
DETAILED ANALYSIS WILL BE PROVIDED IN THE FULL REPORT

End-user Industry 2019 2020 2021 2022 2023 2024(est.) 2030 (f) 2050 (f) CAGR % (2024-2050)

Fertilizer XX XX XX XX XX XX XX XX XX%

Chemical and Pharmaceutical XX XX XX XX XX XX XX XX XX%

Automotive XX XX XX XX XX XX XX XX XX%

Petroleum Refining XX XX XX XX XX XX XX XX XX%

Other End-user Industries XX XX XX XX XX XX XX XX XX%

Total XX XX XX XX XX 280 XX XX XX%

Source: Mordor Intelligence

26 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.4.1.1 CHEMICAL AND PHARMACEUTICAL


SULFURIC ACID MARKET, VOLUME IN ROLE AND APPLICATIONS OF SULFURIC ACID IN THE CHEMICAL AND PHARMACEUTICAL INDUSTRY
MILLION METRIC TONS, CHEMICAL AND • Sulfuric acid is referred to as a universal chemical and the king of chemicals due to numerous applications for sulfuric acid
PHARMACEUTICAL, GLOBAL, 2019-2050 as a raw material or processing agent. Sulfuric acid is the most used chemical in the world and is used in almost all
CAGR (2024 TO 2050): XX% industries.
• Sulfuric acid is used in the chemical industry to produce a variety of organic chemicals, such as organic acids, like nitric
acid and hydrochloric acid, as well as certain sulfur-containing salts and other compounds.
• It is also used in the manufacturing of certain very powerful alkylating agents, such as dimethyl sulfate and various other
esters and diesters derived from sulfuric acid. These alkylating agents are further used for a variety of chemical synthesis
reactions and in the induction of chemical mutagenesis.
• Sulfuric acid finds a wide range of applications in the pharmaceutical industry. It is used as a solvent for the chemical
synthesis of a variety of chemical substances, including active pharmaceutical ingredients.
• One type of active pharmaceutical ingredient manufactured by using sulfuric acid is the alkylating agent, which is
DETAILED ANALYSIS WILL BE PROVIDED IN commonly used in the treatment of cancer.
THE FULL REPORT SUSTAINED EXPANSION IN THE GLOBAL CHEMICAL SECTOR
• According to the BASF Report, global chemical production increased by around 2.0% in 2023, a less rapid rate than in
2022 (+2.2%). From 2022 to 2024, it is anticipated that global chemical production (excluding pharmaceuticals) will rise,
particularly in Asia (excluding Japan), where an average annual growth of 4.1% is anticipated. Chemical production is
expected to increase by 3.3% globally on average.
• By region, Asia-Pacific serves as a major chemical market in terms of both production and consumption. The world’s
largest chemical market, China, has around 40% of the global market share, and this has a significant impact on the
global growth rate.
• The Indian chemicals industry is continuously expanding to cater to the growing demand from the domestic and overseas
markets. As of November 2022, specialty chemicals accounted for 22% of the country’s total chemical and petrochemical
market. According to the India Brand Equity Foundation (IBEF), the chemical sector in India is expected to grow at a
CAGR of 9.3%, reaching USD 304 billion by 2025, fueled by the growing demand for polymers and specialty chemicals,
which is expected to support the demand for sulfuric acid in the sector.
Source: Mordor Intelligence
DETAILED ANALYSIS WILL BE PROVIDED IN THE FULL REPORT
27 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM
 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.4.1.1 CHEMICAL AND PHARMACEUTICAL


SIGNIFICANT GROWTH IN THE GLOBAL PHARMACEUTICAL SECTOR UPLIFTING THE MARKET DEMAND
• In recent years, the pharmaceutical market has grown expeditiously. The overall worldwide pharmaceutical market was USD 1.60 trillion in 2023. This represents a marginal gain from
the previous year when the market was valued at USD 1.48 trillion.
• China, India, the United States, and Germany are some of the largest pharmaceutical industries in the world. It is estimated that Chinese manufacturers make up around 40% of all
the APIs used worldwide.
• China and India are the sources of 75% to 80% of the APIs imported to the United States. The desire for cost savings and less stringent environmental regulations has been driving
the pharmaceutical industries in China and India.
• Some of the leading pharmaceutical companies across the globe are Sun Pharma, Divis Labs, Dr. Reddy's Labs, Cipla, Cadila Health, Torrent Pharma, Alkem Lab, and Abbott India,
among others.
• According to AstraZeneca, the projected pharmaceutical sales in 2024 are expected to be USD 633 billion for North America holding the major share, followed by the European
Union (excluding the United Kingdom) with USD 287 billion at the second position, then Southeast and East Asia expected to register USD 232 billion. The total spending on
medicines is expected to propel the demand to generate a revenue of USD 1595 billion in 2025.

DETAILED ANALYSIS WILL BE PROVIDED IN THE FULL REPORT

Source: Mordor Intelligence

28 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.4.1.1 CHEMICAL AND PHARMACEUTICAL


GLOBAL CHEMICAL PRODUCTION (EXCLUDING PHARMACEUTICALS)
Percentage Growth, By Region, 2022-2023

7.5%
6.6%

2.5%
2.1% 2.2%
1.7%

World European Union United States Emerging Markets of Asia China Japan South America
excluding China
-1.0%
-1.7%

-2.4%
-3.7%
-4.7%
-5.2%

-6.6%
-7.6%
2023 2022

Source: BASF Report 2023

29 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.4.1.1 CHEMICAL AND PHARMACEUTICAL


PHARMACEUTICAL SALES IN USD BILLION, GLOBAL, 2020 - 2023

1,332

1,216

1,121

1,036

2020 2021 2022 2023

Source: AstraZeneca

30 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.4.2 GEOGRAPHY
SULFURIC ACID MARKET, VOLUME IN MILLION METRIC TONS, BY SULFURIC ACID MARKET, VOLUME SHARE(%), BY GEOGRAPHY, GLOBAL,
GEOGRAPHY, GLOBAL, 2019-2050 2019-2050
CAGR (2024 - 2050): XX%

CHART NOT TO SCALE CHART NOT TO SCALE

2019 2020 2021 2022 2023 2024 (est.) 2030 (f) 2050 (f) 2024 (est.) 2030 (f) 2050 (f)

Asia-Pacific North America Europe South America Middle East & Africa Asia-Pacific North America Europe South America Middle East & Africa

DETAILED ANALYSIS WILL BE PROVIDED IN THE FULL REPORT


GEOGRAPHY 2019 2020 2021 2022 2023 2024 (est.) 2030 (f) 2050 (f) CAGR %, (2024-2050)

Asia-Pacific XX XX XX XX XX XX XX XX XX%

North America XX XX XX XX XX XX XX XX XX%

Europe XX XX XX XX XX XX XX XX XX%

South America XX XX XX XX XX XX XX XX XX%

Middle East & Africa XX XX XX XX XX XX XX XX XX%

Total XX XX XX XX XX 280 XX XX XX%

Source: Mordor Intelligence

31 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.4.2.1 ASIA-PACIFIC
SULFURIC ACID MARKET, VOLUME IN MILLION METRIC TONS, BY SULFURIC ACID MARKET, VOLUME SHARE (%), BY COUNTRY, ASIA-
COUNTRY, ASIA-PACIFIC, 2019-2050 PACIFIC, 2019-2050
CAGR (2024-2050): XX%

CHART NOT TO SCALE CHART NOT TO SCALE

2019 2020 2021 2022 2023 2024 (est.) 2030 (f) 2050 (f) 2024 (est.) 2030 (f) 2050 (f)

China India Japan China India Japan


South Korea Malaysia Thailand
South Korea Malaysia Thailand
Indonesia Vietnam Rest of Asia-Pacific
Indonesia Vietnam Rest of Asia-Pacific
Source: Mordor Intelligence

32 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.4.2.1 ASIA-PACIFIC
SULFURIC ACID MARKET, VOLUME IN MILLION METRIC TONS, BY COUNTRY, ASIA-PACIFIC, 2019-2050
CAGR (2024-2050): XX%

CAGR %
COUNTRY 2019 2020 2021 2022 2023 2024 (est.) 2030 (f) 2050 (f)
(2024-2050)

China XX XX XX XX 13.70 XX XX XX XX%

India XX XX XX XX 6.65 XX XX XX XX%

Japan XX XX XX XX XX XX XX XX XX%

South Korea XX XX XX XX XX XX XX XX XX%


DETAILED ANALYSIS WILL BE PROVIDED IN THE FULL REPORT
Malaysia XX XX XX XX XX XX XX XX XX%

Thailand XX XX XX XX XX XX XX XX XX%

Indonesia XX XX XX XX XX XX XX XX XX%

Vietnam XX XX XX XX XX XX XX XX XX%

Rest of Asia-Pacific XX XX XX XX XX XX XX XX XX%

Total XX XX XX XX XX XX XX XX XX%

Source: Mordor Intelligence

33 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.4.2.1.1 CHINA
SULFURIC ACID MARKET, VOLUME IN MILLION ECONOMIC OVERVIEW OF CHINA
METRIC TONS, CHINA, 2019-2050 • In the Asia-Pacific region, China is the largest economy in terms of GDP. In 2023, as per IMF forecasts, the country’s GDP
grew by 5% and is expected to decline to 4.5% in 2024.
CAGR (2024-2050): XX% RISING SULFUR PRODUCTION AND CONSUMPTION TO PROPEL THE MARKET DEMAND
• According to the National Bureau of Statistics of China, in 2022, China produced over 95 million metric tons of sulfuric acid
compared to 93.83 million metric tons in 2021.
35 • The sulfuric acid production output continued to rise in China, with a manufacturing capacity of 129 million tons in 2022,
32.81 registering a growth of 1.59% from the same period in the previous year. The distribution of sulfuric acid manufacturing
capacity in China is uneven. It is largely concentrated in Southwest China, East China, and Central China. These regions
30 account for over 70% of national production capacity.
 In China, companies are planning to increase the manufacturing capacity of sulfuric acid to 21.08 million tons annually.
After the capacity increase in 2022-2024, the supply pattern of the sulfuric acid market is expected to undergo
25 24.06 significant changes in the country, including increasing exports, shrinking imports, and changes in goods flow.
21.85
RISING DEMAND FROM THE FERTILIZERS SEGMENT
21.36 • Sulfuric acid is a mineral acid that is composed of elements like hydrogen, oxygen, and sulfur. It is mainly used to
20.13 20.27
19.73
20DETAILED manufacture phosphoric acid, which, in turn, is used to produce phosphate fertilizers, calcium dihydrogen phosphate, and
ANALYSIS WILL BE PROVIDED IN
ammonium phosphates. Sulfuric acid is also used to manufacture ammonium sulfate, which is an essential fertilizer in sulfur-
THE FULL REPORT deficient crops.
15 • According to the National Bureau of Statistics of China, the nitrogen, phosphate, and potash fertilizer production volume in
China accounted for 55.73 million tons in 2022, compared to 55.44 million tons in 2021 and 54.96 tons in 2020, registering a
consecutive two years of growth.
10 • In 2022, China imported approximately 8.94 million metric tons of chemical fertilizer compared to 9.09 million metric tons in
2021.
• China has the most significant agricultural output among all other countries. In China, about 10% of its land is suitable for
5 cultivation. The limited space for cultivation has led to severe food shortages in the past. China is planning to modernize and
upgrade agriculture in the next ten years. China’s agricultural development is expected to shift from increasing production
to improving quality.
0 • Although using fertilizers contributed significantly to food production in China, the country continued to focus on securing
2017 2018 2019 2020 2021 2022 2027 (f) fertilizer supplies and stabilizing prices with the commencement of the spring farming season in 2023. As a result, the
(est.) National Development and Reform Commission (NDRC) and 13 other national ministries issued notices to secure fertilizer
supplies and stabilize prices.
DETAILED ANALYSIS WILL BE PROVIDED IN THE FULL REPORT
Source: Mordor Intelligence

34 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.4.2.1.1 CHINA
INCREASING AUTOMOTIVE PRODUCTION AND SALES IN CHINA
• Sulfuric acid has an important role in the automotive industry, particularly in the manufacturing of lead-acid batteries used in vehicles. According to the China Association of
Automobile Manufacturers (CAAM), China has the most significant automotive production base in the world, with a total vehicle production of 30,160,966 units in 2023, registering
an increase of 11.6% compared to 27,020,615 units produced last year. As per the International Trade Administration (ITA), domestic automotive production is expected to reach 35
million units by 2025.
• According to the CAAM, over 26.12 million passenger cars were sold in China in 2023, making it the largest market in the region. China is by far the largest passenger car market in
the world. Over half of the Asia-Pacific region’s and over a third of the world’s passenger car sales were attributed to China.
RISING PETROLEUM INDUSTRY INVESTMENTS IN THE COUNTRY FUELING MARKET GROWTH
• Sulfuric acid is used in the petroleum refining process to remove contaminants from gasoline and other refinery products. China’s national oil companies (NOCs) are expected to
splurge more than USD 120 billion on drilling and well services in the five-year period between 2021 and 2025. Due to the growing demand for oil and gas in China, the country is
expected to witness a high level of drilling activity in years to come. This is estimated to create a huge demand for sulfuric acid for the refining of crude oil.
• According to the National Energy Administration, China's combined crude oil and natural gas production in 2023 was forecasted to exceed 390 million tons of oil equivalent,
reaching a new historical high. Crude oil output for the previous year exceeded 208 million tons, indicating a growth of over 3 million tons compared to 2022. China's natural gas
production has steadily increased by 10 billion cubic meters annually for the past seven years, reaching 230 billion cubic meters in the preceding year.

DETAILED ANALYSIS WILL BE PROVIDED IN THE FULL REPORT

Source: Mordor Intelligence

35 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.4.2.1.1 CHINA
PRODUCTION VOLUME OF NITROGEN, PHOSPHATE AND POTASH FERTILIZER IN MILLION
METRIC TONS, CHINA, 2019 - 2022

57.31

55.73

55.44

54.96

2019 2020 2021 2022

Source: National Bureau of Statistics of China

36 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.5 SAMPLE - COMPETITIVE LANDSCAPE


6 COMPETITIVE LANDSCAPE
6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share (%)/Ranking Analysis
6.3 Strategies Adopted for Leading Players
6.4 Company Profiles (Overview, Financials**, Products Details, Production Capacities**, and Recent Developments, SWOT Analysis for Top 4-5
Players)
6.4.1 Jiangxi Copper Group Co. Ltd
6.4.2 Aurubis AG
6.4.3 Boliden Group
6.4.4 KMG Chemicals
6.4.5 Nouryon
6.4.6 PhosAgro Group of Companies
6.4.7 Mosaic
6.4.8 WeylChem International GmbH
6.4.9 Yunnan Copper Co. Ltd
6.4.10 Hindustan Zinc
6.5 List of Other Prominent Companies (Company Name, Headquarters, Revenue**, Product Details, Production Capacities**, Recent Trends,
Technology or Projects, Contact Details, etc.) In Tabular Form

37 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.5.1 MARKET SHARE (%)/RANKING ANALYSIS

SULFURIC ACID MARKET, MARKET SHARE (%)/RANKING, TOP PLAYERS,


GLOBAL, 2023

• The global market for Dimethyl Terephthalate is consolidated with nature, with the top
three players acquiring a significant share of the market.
• The Turkish company SASA Polyester Sanayi A.Ş. is the largest manufacturer of DMT in
the global market, with a total production capacity of around 280,000 tons per year for
producing DMT.

XX XX XX XX XX Others
DETAILED ANALYSIS WILL BE PROVIDED IN THE FULL REPORT

*Market share (%)/Ranking has been calculated based on the company's official data
sources (company websites, annual reports, DRHP docs, SEC filings, court anti-trust
filings, etc.) regarding the business unit revenue figures/product sales, association
data, govt. information, News websites, third-party paid sources (D&B Hoovers &
Factiva), and our estimation of the companies’ revenue/sales Revenue based on
product offerings, primary interview insights, & geographical market presence in the
relevant sector (in case of unavailability of specific verifiable data in the
Source: Mordor Intelligence Analysis aforementioned sources).
38 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM
 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.5.2 NOURYON

CORE BUSINESS SEGMENT


PERFORMANCE FORMULATIONS
USD 5,188.0 million TECHNOLOGY SOLUTIONS
Revenue in USD
FY 2023
www.nouryon.com DUNS NUMBER: 49-260-4366

GLOBAL OVERVIEW
Nouryon is engaged in the manufacturing of 8,300
specialty chemicals. Employees
Nouryon separated from AkzoNobel in October
2018.
The company caters its products to various sectors
such as agriculture, cleaning, paints & coatings,
personal care, polymer specialties, building & 2018
infrastructure, and others. Established
The company has a presence in 80 countries
globally, including Germany, Sweden, China, the
United States, and Brazil.
It involves twenty-four manufacturing sites in the
Americas, twenty-five manufacturing sites in EMEA, Amsterdam, Netherlands
and ten manufacturing sites in Asia-Pacific.
Headquarters

Note – FY 2023 Ended on December 31, 2023


Source: Company Website & D&B Hoovers as accessed in August 2024

39 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.5.2 NOURYON - FINANCIALS


NOURYON, REVENUE IN USD MILLION, FY 2021 – FY 2023
NOURYON, ADJUSTED EBITDA IN USD MILLION, FY 2021 – FY 2023

6,000.00 1,300.00
1,241.00
1,250.00
5,774.00
5,800.00
1,200.00

1,150.00
5,600.00
1,100.00 1,081.00
1,047.00
5,400.00 1,050.00

1,000.00
5,188.00
5,200.00 950.00
FY 2021 FY 2022 FY 2023
5,000.00 4,917.00 REVENUE BREAKDOWN, BY BUSINESS SEGMENT, FY 2023

4,800.00

Performance
4,600.00 30.8% Formulations

4,400.00
FY 2021 FY 2022 FY 2023
69.2% Technology Solutions

Source: Annual Report FY 2023,


Note – FY 2023 Ended on December 31, 2023

40 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.5.2 NOURYON – MARKET OVERVIEW

CORE SOLUTIONS AND PRODUCT OFFERINGS SULFURIC ACID PERFORMANCE FORMULATIONS

The company provides sulphuric acid through its


Performance Formulations business segment.
MARKET SEGMENT COMPANY VERTICAL
The company offers technical grade (93%, 96%, and
98%) and electrolytic grade (93%) sulfuric acid under
its product portfolio.
The company offers sulfuric acid for applications in
fertilizers, batteries, chlorine dioxide generation, COMPANY HIGHLIGHTS
effluent treatment, inorganic pigments, oxidizing and
KEY INFORMATION
dehydrating agents, PH adjustment, and water Nouryon markets much of its sulfuric acid into the
treatment. pulp and paper industry, often for use in chlorine The company invests in R&D for its product
dioxide generation innovations. It has 13 strategically located innovation
and application centers.

DETAILED ANALYSIS WILL BE PROVIDED IN THE FULL REPORT

Source: Company Website

41 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.5.2 NOURYON – PRODUCTS AND SERVICES

PRODUCTS DESCRIPTION

• It is a colorless, clear to hazy, odorless, oily liquid. It is produced by Nouryon through the contact process starting with high purity sulfur.
Sulfuric acid 96%
• It find applications in fertilizer, batteries, chlorine dioxide generation, effluent treatment, inorganic pigments, oxidizing and dehydrating agents, pH adjustment, and water treatment.

• It is a colorless, clear to hazy, odorless, oily liquid.


Sulfuric acid 98% • It can be used in fertilizer, batteries, chlorine dioxide generation, effluent treatment, inorganic pigments, oxidizing and dehydrating agents, pH adjustment, and water treatment
applications.

DETAILED ANALYSIS WILL BE PROVIDED IN THE FULL REPORT

42 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.5.2 NOURYON – SWOT ANALYSIS

STRENGTHS WEAKNESS OPPORTUNITY THREATS


• BASF SE holds a considerable • The company's research and • The presence of well-established
market position in the Americas development (R&D) efforts serve regional propionic acid players
propionic acid market. as a significant driver for potential such as Eastman Chemical
• The company’s product is being business opportunities. Company and Dow, among
used in a wide range of others.
applications. • The fluctuating price of raw
• As of September 2022, the materials, such as ethylene and
company can offer propionic acid propionaldehyde, would impact
(PA) with a cradle-to-gate the company’s profitability
product carbon footprint (PCF) through the propionic acid
of zero. business.

o BASF SE achieved zero PCF


by using renewable raw
materials in its production
system via its biomass balance
(BMB) approach.

DETAILED ANALYSIS WILL BE PROVIDED IN THE FULL REPORT

Source: Annual Report

43 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

2.5.2 NOURYON – KEY DEVELOPMENTS


DATE TYPE OF KEY DEVELOPMENT DETAILS

ArcelorMittal announced that a plan is underway to build a large-scale industrial plant in Germany for DRI and EAF-
based steel manufacturing at its site in Bremen and Eisenhüttenstadt, respectively. This is following the
March 2021 Expansion
announcement of a planned expansion of Germany’s hydrogen infrastructure, with 3.5 million tons of steel
production.

DETAILED ANALYSIS WILL BE PROVIDED IN THE FULL REPORT

ArcelorMittal signed an agreement with the Nippon Steel Corporation for building an electric arc furnace facility at
December 2020 Expansion AM/NS Calvert in Alabama, USA with 1.5 million tons production capacity. It is a 50:50 joint venture between Nippon
Steel and ArcelorMittal, with construction cost of USD 775 million. The project will be funded by AM/NS Calvert.

44 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


3 RESEARCH METHODOLOGY
3.1 Research Framework
3.2 Secondary Research
3.3 Primary Research
3.4 Data Triangulation and Insight Generation

#TOC_DIVIDER#

45 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

3.1 RESEARCH FRAMEWORK

• Mordor Intelligence (MI) advocates an appropriate mix of secondary and primary research to meet Client objectives.
• MI translates market insights (market dynamics, competition, varying consumer demands, and regulations) into actionable business insights.
• Following phases are practiced at Mordor for efficient delivery of various syndicated and consulting assignments.

STEP 1 STEP 2 STEP 3


SCOPING/ PROJECT INITIATION MARKET ANALYSIS PROJECT DELIVERY

Decipher Client Requirements/ Market to be Extensive desk research to identify most Triangulate and analyze data to finalize on
studied relevant secondary information available actionable business insights

Tailor made research approach for Contact Mordor’s empaneled experts and Finalize report contents and establish a
customized reports identify industry experts across the market deliverable format

Report delivery with high-quality market


Effective use of Mordor’s knowledge repository Conduct primaries & surveys to gather
insights, competitive landscape, etc.,
to gather relevant insights qualitative and quantitative insights
as per the proposed contents

Confirm the objectives of the assignment with


Client

46 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

3.2 SECONDARY RESEARCH

OBJECTIVE Hypothesis and insights building; get factual data

A thorough synthesis of existing publications across the web to gather meaningful


Shortlisting market intelligence insights on the current situation of the market, technology developments, and any other
sources market-related information. The sources include, but are not limited to:
Synthesis of published information • Scientific Papers, Journals and Publications.
• Trade information to understand imports, exports, and average traded price of the
commodity, if available.

Data collection and aggregation • Industry and Government Websites for blogs, magazines, and
Other publications.
Further validated from expert interviews • Conference proceedings and association publications.
• Investor presentations, technical brochures, annual reports, press releases,
transcripts of crucial personnel interviews, and other strategic publications by several
competitors in the market.
Insight and hypothesis development
• Product information, including technical specifications, approvals, patents etc.
To reach out industry experts for • Public Sources Reports (Company annual reports, International Energy Agency,
interviews Statistical Review of World Energy, Europe Electricity Review, International
Renewable Energy Agency, International Energy Agency, etc.)
• Paid sources (Questel Orbit, Dow Jones, Hoovers, Statista, industry-specific
Key contact list subscriptions).

Relevance and credibility of sources

47 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

3.2 KEY SOURCES USED IN THIS REPORT


• World Bank • Factiva
• UNSTATS • Statista
• IMF • Questel
• Global Economic Monitor • Orbit
• WIOD • LinkedIn Premium
• WTO • ITC TradeMap
• WIPO/EPO • UN Comtrade
• OECD • US Geological Survey
• US Census • International Fertilizer Association
• D&B Hoovers • Food and Agriculture Organization

48 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

3.3 PRIMARY RESEARCH

OBJECTIVE Gather first-hand insights on the market studied

• At Mordor, we continuously strive to pool industry experts across the value chain to
Expert profile determination gather first-hand insights on the market studied. In addition, knowledgeable industry
veterans or retired experts, consultants, and freelancers are a call away to collaborate
Based on industry, role, experience, and with Mordor on any assignment requiring real-time industry insights.
location • Also, we conduct market surveys to gather qualitative insights and opinions of a
group of individuals related to the industry.
• Primary research is used to validate the data points obtained from secondary
Expert identification research and fill the data gaps after secondary research.
Using Mordor’s empaneled industry
experts and new experts

Discussion guide MODES OF PRIMARY RESEARCH

Semi-structured approach to probe and


prioritize insights

Telephonic Email Chat Virtual Surveys & Others


Interviews Interviews Interviews Council
Reach out and interviews

Targeted industry interviews to fill data


gaps and validate insights

49 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

3.3 PRIMARY RESEARCH APPROACH AND KEY RESPONDENTS

EXECUTIVE LEVEL OPERATIONAL LEVEL INDUSTRY/ NEED MARKET ECOSYSTEM


INTERVIEWS INTERVIEWS SPECIFIC INTERVIEWS INTERVIEWS
• CxOs, owners, founders • Sales Managers • Production Managers • Competitors
• Business unit or country heads • Product Managers • Floor shop Technicians • Customers
• Directors/VPs of sales and • Project Managers • Technology Scouts • Types
marketing, procurement, strategy,
• Pricing Managers • Licensing Experts • Agencies/Distributors/Resellers
R&D, product management, and
other corporate functions as • Regulatory Affairs Managers • Pricing Analysts • Retailers
required. • Finance Managers • Suppliers
• Existing or Potential Partners
• Employees
• Regulatory Agencies
• Industry Associations
• Consultants

Interviews spread across regions based on regional Blind interviews without revealing the sponsor of
SPREAD OF INTERVIEWS share in the overall market BLIND/ OPEN INTERVIEWS this study

Raw data and intelligence, Insights into market


Multiple interviews covering varying profiles of
RESPONDENTS INPUTS COLLECTED dynamics, Market model and other data validations,
experts across the entire market value chain
Strategy-related inputs

50 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

3.4 DATA TRIANGULATION AND INSIGHT GENERATION

VALIDATION FOR MARKET ASSESSMENT ESTIMATES


OBJECTIVE Logical checks and sanity of information
• The market size estimations are carried out through ‘Bottom-up’ & ‘Top-down’
approaches.
TRIANGULATION AND TRANSFORMATION OF INFORMATION EXTRACTED • Our top-down and bottom-up approaches are integrated into our ‘In-house Model
sheets,’ which are used to generate the market estimates and growth rates (depending
Based on the factors identified, which are endogenous and exogenous in nature,
upon the historical trends of the respective markets along with the various factors like
collected during the secondary and primary phases, our in-house subject matter experts
drivers, restraints, and recent developments in the market) of the product segment in the
transform quantitative data extraction and use them for inferential purposes.
respective country.

TOP-DOWN BOTTOM-UP
APPROACH APPROACH
SECONDARY RESEARCH EXPERT INTERVIEWS
Macro view of a larger Volume analysis of leading
market filtered down to Expert interviews players or consumption
the target market centers

DATA VALIDATION
TRIANGULATION POINT

ECONOMETRIC MODELS ANALYST ESTIMATES Expert interviews

51 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


4 CREDENTIALS
4.1 Illustrative List of Clients

#TOC_DIVIDER#

52 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


 SCOPE OF THE REPORT SAMPLES METHODOLOGY CREDENTIALS ABOUT US

4.1 ILLUSTRATIVE LIST OF CLIENTS IN THE INDUSTRY

ABU DHABI NATIONAL EUROPEAN


PPG INDUSTRIES, INC. EVONIK
OIL COMPANY COMMISSION

SHELL SABIC SUMITOMO TATA STEEL LIMITED

COVESTRO TOTAL ENERGIES JOTUN GAZPROM

DOW ADITYA BIRLA EXXON MOBIL PETRONAS GROUP

BAYER BASF SE WACKER CHEMIE AG LAFARGEHOLCIM

MITSUI & CO. AKZONOBEL NOURYON VALVOLINE

HENKEL AG & CO.


CASTROL (BP) USGS DUPONT
KGAA

53 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


5 ABOUT US
5.1 Industries Covered
5.2 Our Customized Research Capabilities

#TOC_DIVIDER#

54 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


ABOUT US

SNAPSHOT
HANDCRAFTED On-the-ground industry experts in
RESEARCH SOLUTIONS 100+ countries

IN-DEPTH 3000+
CONSULTATION Clients served globally

REAL-TIME INDUSTRY 5000+


TRACKING Projects delivered

+1-617-765-2493
[email protected] DEDICATED ANALYST
www.mordorintelligence.com SUPPORT 250+
In-house analysts

55 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


5.1 INDUSTRIES COVERED
ICT CHEMICALS AND MATERIALS CONSUMER GOODS PACKAGING

• IoT, Big Data, M2M • Adhesives & Sealants • Apparel, Footwear, Accessories • Packaging Materials & Types
• Analytics • Advanced Materials • Appliances • Food Packaging
• Cloud Computing • Aromatics and Intermediates • Cosmetics • Beverage Packaging
• Information Technology • Composites • Furniture • Pharmaceutical Packaging
• Data Centers • Construction Chemicals & Materials • Household Care • Household Packaging
• Software & Solutions • Metals, Ceramics, Industrial Materials • Luxury Goods & Services • Personal Care Packaging
• Telecommunications • Paints & Coatings • Personal Care • Industrial Packaging
• IT Hardware • Plastics, Polymers, Elastomers • Recreational Goods • Advanced Packaging
• Internet • Specialty & Fine Chemicals • Sports & Fitness • Country-Level Packaging Industry Analysis
• Security • Water & Wastewater Treatment • Packaging Equipment
• Advanced Technologies

ELECTRONICS ENERGY & POWER AUTOMATION HEALTHCARE

• Semiconductors • Power • Industrial Automation & Process Control • Disease Landscape


• Sensors • Oil & Gas • Robotics • Healthcare IT
• Optoelectronics • Renewables • Engineering Products & Components • Medical Devices
• Electrical & Electronic Components • Energy Efficiency • Building Automation • Pharmaceuticals
• Display Technology • Engineering, Procurement and Construction • Logistics Automation • Biotechnology
• Security & Surveillance • Veterinary Healthcare
• Monitoring & Testing Equipment • Healthcare Services

56 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


5.1 INDUSTRIES COVERED
AGRICULTURE FOOD & BEVERAGES AUTOMOTIVE

• Agricultural Commodities • Food • Parts and Components


• Agricultural Machinery & Tech • Beverage • Automotive Technology
• Crop Protection • Processed Food • Manufacturing Processes
• Fertilizers & Seeds • Food Additives & Supplements • Automotive Materials & Coatings
• Food Ingredients • Automotive Services
• Food Service • Vehicles
• Machinery & Equipment

ANIMAL NUTRITION AEROSPACE & DEFENSE OTHER GROUPS

• Compound Feed • Defense • Logistics


• Feed Additives & Premixes • Airport Operations • Processing Technologies
• Pet Care • MRO • Finance and Insurance
• Pet Food • Technology • Retail
• Real Estate and Construction
• Tourism

57 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


5.1.1 MARKETS COVERED IN CHEMICALS AND MATERIALS

Ready-to-use Market Reports Customized Market Intelligence


1800+ off-the-shelf reports for ready consumption on Tailored solutions for in-depth, unique needs
Chemicals & Materials

Plastics, Aromatics Water & Construction


Polymers, Adhesives & & Inter- Wastewater Advanced Chemicals &
Elastomers Sealants mediaries Treatment Materials Materials
Business
Segments Specialty &
Metals & Paints & Fine Industrial
Ceramics Coatings Chemicals Composites Materials Others

Intelligence Investment Product Market Market Competitive


& Intelligence Intelligence Structure Assessment Intelligence

Advisory

Data collection and analysis Customer, distributor, supplier intelligence

58 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


5.2 OUR CUSTOMIZED RESEARCH CAPABILITIES
7. CUSTOMER, DISTRIBUTOR, SUPPLIER INTELLIGENCE 1. MARKET STRUCTURE ASSESSMENT
• Identification of potential partners • Macroeconomic analysis
• Shortlisting/finalization of potential partners • Value Chain and Supply Chain Analysis
• Customer need analysis 1 • Regulatory assessment
• Customer's purchase and usage behavior Customer, Market • Technology scouting and assessment*
Distributor,
• Customer/partner feedback and satisfaction* Structure • Sourcing and category intelligence
7 Supplier
• Brand perception analysis* Assessment
Intelligence 2. MARKET INTELLIGENCE SUPPORT
• Key Opinion Leader Insights 2
• Market size and segmentation
• Growth opportunities
6. PRODUCT INTELLIGENCE SUPPORT Product Market
intelligence Intelligence • Market dynamics and new developments*
• Import and Export Intelligence* ADVISORY & INSIGHTS
Support Support • Go to Market Strategies
• Commodity pricing intelligence*
• Product pricing intelligence* • Recommendations 3. COMPETITIVE INTELLIGENCE SUPPORT
6 • Strategic inputs
• Product Positioning Assessment • Company profiling
• Go-to-market support
• New product launch tracker* 3 • Competition assessment incl. market share
Investment Competitive
• Product claims assessment* • Drilled down revenue estimations
Intelligence Intelligence
• Product Concept Testing Support Support • Employer value proposition
Data
5. INVESTMENT INTELLIGENCE SUPPORT Collection and 4. DATA COLLECTION AND ANALYSIS SUPPORT
5 Analysis
• Project feasibility analysis • Data analytics and visualization
Support
• R&D and Patent analysis support 4 • Data collection, manipulation incl. web scraping
• M&A, JV support - Scouting, shortlisting, target • B2B and B2C surveys and interviews
*Available as one time effort as well as in the form of periodic updates
assessment

59 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


DISCLAIMER
Any information and/or material provided by Mordor Intelligence, including any and all the analysis and/or research from Mordor Intelligence, is provided
to a selected group of customers, response to for such information, material, analysis, and/or research. As a customer of Mordor Intelligence, you
acknowledge that information, material, and/or services are for internal use only, and not for any external use and/or dissemination, or general publication,
and/or disclosure to any third parties.

Any and all of the information and/or material provided by Mordor Intelligence are based on primary interviews and/or secondary research, are therefore,
subject to fluctuation and variance. Mordor Intelligence takes no responsibility for any incorrect information and/or material supplied to us by sources we
rely on, and no part of our analysis or research may be given, lent, resold, or disclosed to any third parties, including non-customers, without explicit or
written permission from Mordor Intelligence.

Unauthorized reproduction and/or transmission of our information, material, analysis, and/or research in any form and by any means, including
photocopying, mechanical/electronic recording, or otherwise, without the explicit and written permission of Mordor Intelligence, is expressly and clearly
prohibited.

Any use of the information, material, analysis, and/or research provided by Mordor Intelligence is at your sole risk; you acknowledge that the information,
material, analysis, and/or research is provided "as is" and that Mordor Intelligence provides no warranty of any kind, express or implied, with regard to the
information, material, analysis, and/or research, including but not limited to, merchantability and fitness for any purpose and/or use.

60 SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM


FOR MORE INFORMATION, PLEASE CONTACT
Mordor Intelligence Private Limited,
Rajapushpa Summit, 11th floor Nanakramguda Rd,
Financial District Gachibowli, Hyderabad Telangana – 500032, India
+1 617 765 2493

[email protected]

www.mordorintelligence.com

SAMPLE - GLOBAL SULFURIC ACID MARKET Copyright © 2024 Mordor IntelligenceTM

You might also like