Sulphuric Acid Market Share and Key Trends 2016-2026 FMI | Page 3

Report Description Report Description Sulfuric acid is a diprotic acid that exhibits different variety of properties depending upon its concentration. Sulphuric acid has the biggest output of any chemical in the world. Sulphuric acid is majorly used in the manufacture of chemicals to make sulfate salts, pigments, dyes, nitric acid, sulfate salts, and others. It also serves as the electrolyte in the lead acid storage battery. Sulphuric acid is widely used in the production of phosphate fertilizers. Sulphuric acid is a complex market that involves the chemistry of product supply and demand. There is variation in pricing of Sulphuric acid between regions depending upon the regulations and concentrations. There are four stages in the manufacturing of sulphuric acid that includes extraction of sulphur, conversion of Sulphur into sulphur dioxide, then converting sulphur dioxide to sulphur trioxide, and final conversion of sulphur trioxide to sulphuric acid. Sulphuric acid is used to wash impurities out of gasoline and other refinery products in petroleum refining. Sulphuric acid is also used as catalyst and dehydrating agent in petrochemical process and organic chemical manufacturing. The global sulphuric acid market is segmented on the basis of manufacturing process, application, and region. Manufacturing process includes Lead Chamber Process, Contact Process, Wet Sulfuric Acid Process, and Others. Applications include Phosphate Fertilizers, Chemical Manufacturing, Agricultural Chemistry, Electrolyte In Lead-Acid Storage Battery, Metal Processing, and Others.