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 ...
“Knowledge is Power” as we all have known but in today’s time that is not sufficient, the right Solution of knowledge is Intelligence.