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Sulfuric Acid Market: Global Industry Analysis and Forecast (2021-2027) Trends, Statistics, Dynamics
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Sulfuric Acid is a mineral acid with a chemical formula of H2SO4. It is a corrosive mineral acid having a high corrosive capacity. Sulfuric acid is a sticky liquid that is water-soluble and varies in color from yellow to colorless depending on the quantity. Sulfuric acid is widely used in the production of hydrochloric acid, nitric acid, sulfate salts, synthetic detergents, dyes, pigments, explosives, pharmaceuticals, and other commercially important compounds. The global market for sulfuric acid is accounted for 256.63 million metric tonnes in 2020. At the end of the forecast period, the global market is expected to reach around 301.32 million metric tonnes.
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