Sulfuric acid (H2SO4) is an inorganic chemical compound, also referred to as mattling acid. It possesses high corrosiveness and exhibits strong acidic properties. This colorless liquid, devoid of any odor, is soluble in both water and ethyl alcohol. When dissolved in water, it generates heat and boasts a boiling point of approximately 337°C. Commercially, it is derived from sulfur trioxide through a chamber process.

Functioning as an oxidizing and dehydrating agent, sulfuric acid plays a crucial role in various industrial chemical manufacturing processes. It finds widespread application in commercial sectors, including chemical and agrochemical manufacturing industries.

Primary importers of sulfuric acid include Vietnam, the United States, and India, while significant exporting nations are Vietnam, India, and China.

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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 Prices, including India Sulfuric acid price, USA Sulfuric acid price, pricing database, and analysis 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 a widely employed industrial chemical extensively utilized in the large-scale synthesis processes of various chemical compounds. Its applications span across diverse industrial domains, including the chemical, petrochemical, agricultural, and polymers industries. Its primary role lies in the manufacturing of acids and bases, particularly on a significant scale.

Within the agricultural sector, sulfuric acid plays a crucial role in the production of various fertilizers, contributing to the enhancement of soil health by providing essential nutrients. Moreover, the compound is integral to the paints and coating industry, contributing to the formulation of dyes and paints.

In the pharmaceutical realm, sulfuric acid finds application in the production of specific drugs and medicines employed in cancer treatment. Furthermore, its versatile utility extends to the large-scale manufacturing of explosives, detergents, pigments, batteries, and plastics. The petrochemical industries also rely on sulfuric acid for refining gasoline and other petroleum products, showcasing its broad impact across various sectors.

Key Players:

• BASF SE
• INEOS Sulphur Chemicals (INEOS Capital Limited)
• The Mosaic Company
• Saudi Arabian Mining Company (Ma’aden)
• Agrium U.S. Inc. (Nutrien Ltd.)
• Zhejiang Jiahua Energy Chemical Industry Co. Ltd.

News Recent Development

• Date: January 11, 2023- A Brazilian chemical manufacturing company Unigel RI has signed a contract with MECS, Inc., to set up a new Sulfuric acid plant in the coastal states of Bahia.

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