Sulfuric Acid Market Valuation to Reach US$ 15,910.67 Mn by 2026
According to the latest report by Transparency Market Research, the global sulfuric acid
market is expected to witness a robust growth in the forecast period of 2018 to 2026.
The growth of the market is attributed to the rising demand for phosphate fertilizers for
agricultural purposes in various countries across the globe. The report also states that
the global sulfuric acid market is expected to witness this growth as a result of various
leveraged opportunities by the players from different region of the world. Moreover, the
application of sulfuric acid in numerous cleansing products is also expected to be a
major factor to propel the growth of global sulfuric acid market in the forecast of 2018 to
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Market to Reach at US$12,424.86 mn at the of the Forecast
According to the report, the global sulfuric acid market is expected to witness a
consistent 2.7% CAGR during the forecast period. This growth of the market is
attributed to rising demand for sulfuric acid in fertilizer manufacturing.
The report also predicts that the market is expected to reach a staggering value of
US$12,484.86 mn at the end of the forecast period. This revenue generation states
that the market has tremendous opportunities for the players to grow substantially
over the period time.
With these insights, the players can have a clear idea about the dynamics and
opportunities of the global sulfuric acid market. These insights can help the players
make better decisions and have better profit quotients during the forecast period.
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