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The growing demand for sulfuric acid is primarily driven by its critical role in the agriculture sector, particularly in the production of phosphate fertilizers such as monoammonium phosphate (MAP) and diammonium phosphate (DAP). These fertilizers are essential for boosting crop yields to meet increasing food demands. The production of these fertilizers directly correlates with sulfuric acid consumption, as it is used to produce phosphoric acid, a key intermediate. Additionally, sulfuric acid's role in chemical manufacturing, metal processing, and petroleum refining further supports its robust demand. For example, the global sulfuric acid market size reached approximately USD 18.46 million and continues to expand due to these applications.

Government initiatives like the reduction of GST on sulfuric acid from 18% to 5% in India help reduce raw material costs, thus supporting fertilizer production and supply chain efficiency. Company expansions also highlight the strategic importance of sulfuric acid, such as BASF's investment in a semiconductor-grade sulfuric acid plant in Germany to meet the growing needs of the semiconductor industry, where purity is critical for chip manufacturing.

Key Market Trends & Insights:

Increasing Industrial Demand from Fertilizers

The demand for sulphuric acid is rising sharply due to its essential role in producing phosphate fertilizers that enhance agricultural yield. With expanding agriculture especially in emerging economies, sulphuric acid is also used as a soil conditioner, amplifying its importance for modern farming practices and food security efforts globally.

Growth in Mining Sector

Sulphuric acid plays a vital role in hydrometallurgical extraction methods for metals like copper, nickel, and uranium. The mining expansion in developing regions, combined with sustainable mining initiatives, increases the acid's utility in improving metal recovery and minimizing environmental impact.

Rising Production of Phosphoric Acid

Increasing production of phosphoric acid, largely used in fertilizers, is driving sulphuric acid demand. Technological innovations enabling cost-efficient and eco-friendly phosphoric acid production contribute to expanding sulphuric acid consumption in agriculture and chemical industries.[web:content]

Dominance of Elemental Sulfur as Raw Material

Elemental sulfur, favored for its availability and cost-effectiveness, is the primary feedstock for sulphuric acid production. Its widespread use in fertilizers, chemicals, and refineries supports high-volume and efficient production, driving market growth.[web:content]

Preference for Offline Distribution Channels

Offline channels dominate sulphuric acid distribution due to reliable supply chain management, safety protocols, and the bulk nature of transactions. Established relationships with distributors ensure secure handling, which is critical given the acid’s hazardous nature.

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