Sulfuric acid (H2SO4) stands as an inorganic chemical compound. Also recognized as matting acid, it boasts high corrosiveness and a potent acidic nature. This colorless liquid lacks any odor, dissolving seamlessly in water and ethyl alcohol. Its dissolution in water generates heat, and it hits a boiling point at approximately 337°C. Typically, it's commercially derived from sulfur trioxide via a chamber process.

This compound serves as both an oxidizing and dehydrating agent in diverse industrial chemical manufacturing processes, finding widespread application across various commercial sectors, including chemical and agrochemical industries.

Vietnam, the United States, and India lead as significant importers of sulfuric acid. Conversely, Vietnam, India, and China emerge as primary exporting nations for this chemical compound.

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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 stands as a crucial industrial chemical, finding widespread application in synthesizing diverse chemical compounds at a considerable scale. Its versatile utility spans across various industrial sectors such as chemicals, petrochemicals, agriculture, and polymers. Its significance lies in large-scale production, particularly in crafting acids and bases. In agriculture, sulfuric acid contributes to the creation of fertilizers, vital for nurturing crops and maintaining fertile soil. Moreover, it plays a pivotal role in the paint and coating industry, contributing to the formulation of dyes and paints.

Beyond these realms, sulfuric acid plays a key role in pharmaceuticals, aiding in the production of medications essential for cancer treatment. Its far-reaching impact extends to the creation of explosives, detergents, pigments, batteries, and plastics on an extensive scale. Notably, within the petrochemical sector, it serves in the refinement of gasoline and other petroleum-based products.

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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