Market Research Reports

The   global sulfuric acid market   is characterized as a highly competitive and fragmented in nature, thanks to the presence of a large number of players operating in it, states a research study by Transparency Market Research (TMR). In 2014, the leading players in the global sulfuric acid market, namely PotashCrop, The Mosaic Company, and Vale Fertilizers collectively accounted for a share of 10.5% of the overall market. In order to earn higher revenues and to change the pace of the market, key players are focusing on strategic collaborations and mergers and acquisitions. In addition, the development of effective and high-performance products are some of the other factors anticipated to encourage the growth of the market in the near future. However, the sluggish growth owing to the capital intensive nature is likely to restrict the growth of the market in the coming years.  According to the Transparency Market Research, in 2015, the global market for sulfuric ac...

The top three players, The Mosaic Company, PotashCrop, and Vale Fertilizers held a collective share of 10.5% in the global sulfuric acid market in 2014. However, the competitive landscape of the market is defined by sluggish growth due to capital-intensive nature of the market and growing concerns about hazardous effects of sulfuric acid, says Transparency Market Research in a new report. To change the pace of the market and to earn higher revenues, companies will focus on mergers and acquisitions. Development of high-performance products and establishing valued customer relationships are also some the key strategies being adopted by players operating in the overall market. For instance, The Mosaic Company, a global leader, is focused on achieving output by minimizing its carbon footprint.    Sulfuric Acid Demand Remains Steady in Developing Regions Sulfuric acid is a critical component of various processes as it is used as both, an intermediate and as a ra...