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Showing posts with the label Sulfuric Acid Market Analysis

Global Sulfuric Acid Market: China to Remain at Forefront in Future, says TMR

The   global sulfuric acid market   appears to be fragmented with top three players accounting for a mere 10.5% share of the overall market in 2014. These are The Mosaic Company, Vale Fertilizers, and PotashCrop. The market displays a low degree of competition due to capital-intensive nature of the market and rising concerns about the detrimental effects of sulfuric acid on the environment, says a new report by Transparency Market Research (TMR).  “Mergers and acquisitions and strategic alliances are the key growth strategies that top players in this market are focused on for higher revenues,” says the lead author of the study. The introduction of high-performance products and building valued customer relationships are also the focus of top players in this market. For example, The Mosaic Company is focused on maximizing output by minimizing its carbon footprint. The opportunity in the global market for sulfuric acid is expected to be worth US$85.4 bn by 2023 ...

Global Sulfuric Acid Market: Fertilizers Segment to Remain as Key Contributor, says TMR

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...

Alterative Sulfur Recovery Technologies Could Breathe New Lease of Life into Sluggish Market, says TMR

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...