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Sulfuric acid Price Chart, Historical and Forecast Analysis | Procurement Resource

Sulfuric acid (H2SO4) is an inorganic chemical compound renowned for its highly corrosive and intensely acidic properties. Also referred to as oil of vitriol, it appears as a colorless liquid without odor, readily dissolving in water and ethyl alcohol. Its dissolution in water generates heat, and it boasts a boiling point around 337°C. Commercially, sulfuric acid is produced from sulfur trioxide through a chamber process internet chicks.

This compound serves as both an oxidizing and dehydrating agent in various industrial chemical manufacturing processes. Its extensive use spans across diverse commercial sectors, notably in chemical and agrochemical manufacturing industries.

As for its trade dynamics, key importers of sulfuric acid include Vietnam, the United States, and India. Conversely, primary exporters are Vietnam, India, and China.

Key Details About the Sulfuric acid Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Sulfuric acid price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline vyvymanga.

The Sulfuric acid Prices, including India Sulfuric acid price, USA Sulfuric acid price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Sulfuric

Sulfuric acid stands as a crucial industrial chemical widely employed in large-scale synthesis processes for various chemical compounds. Its applications span multiple industrial domains, including chemicals, petrochemicals, agriculture, and polymers. Particularly significant is its role in large-scale production of acids and bases. In agriculture, sulfuric acid plays a pivotal role in manufacturing various fertilizers that enrich agricultural fields, ensuring the necessary nutrients for healthy soil.

Furthermore, it contributes significantly to the paints, coatings, and dye industries. Its involvement in pharmaceuticals is notable, where it serves in the manufacturing of specific drugs and medicines utilized in cancer treatment. At a larger scale, sulfuric acid plays a part in the production of explosives, detergents, pigments, batteries, and plastics. Petrochemical industries leverage this compound for refining gasoline and other petroleum products, underscoring its versatile and extensive utility across various sectors amazon amm77x.

Key Players:

  • BASF SE
  • INEOS Sulphur Chemicals (INEOS Capital Limited)
  • The Mosaic Company
  • Saudi Arabian Mining Company (Ma’aden)
  • Agrium U.S. Inc. (Nutrien Ltd.)
  • Zhejiang Jiahua Energy Chemical Industry Co. Ltd.

News & Recent Development

  • Date: January 11, 2023– A Brazilian chemical manufacturing company Unigel RI has signed a contract with MECS, Inc., to set up a new Sulfuric acid plant in the coastal states of Bahia.

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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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