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The price of sulfuric acid in USA during the first quarter of 2024 reached 64 USD/MT. The declining sulfur prices play a vital role in stabilizing the sulfuric acid prices in the US market. The narrow difference between sulfur and sulfuric acid depicts a bearish trend in the US sulfuric acid market.
Product
| Category | Region | Price |
---|---|---|---|
Sulfuric Acid | Bulk Chemical and Fertilizer | USA | 64 USD/MT |
Sulfuric Acid | Bulk Chemical and Fertilizer | Japan | 35 USD/MT |
Sulfuric Acid | Bulk Chemical and Fertilizer | Belgium | 59 USD/MT |
Explore IMARC’s newly published report, titled “Sulfuric Acid Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of sulfuric acid pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
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During Q4, the North American Sulphuric Acid market faced significant volatility due to various disruptions and rising costs. Furthermore, the US Sulphuric Acid market witnessed supply chain issues from Canada, caused by labor strikes and port congestion, which exerted upward pressure on prices. This situation was further exacerbated by Hurricane Helene, which damaged production facilities and delayed deliveries. Additionally, the plantation season increased demand, while rising production costs contributed to the bullish market trend.
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The sulphuric acid prices in the United States for Q3 2024 reached 140 USD/MT in September. During this period, the region displayed a strong connection between rising costs and numerous influencing factors. Some factors responsible for the increasing prices are distribution channel disruptions, changes in product demand based on seasons, and international pressures.
Product
| Category | Region | Price |
---|---|---|---|
Sulphuric Acid | Chemical | United States | 140 USD/MT |
Sulphuric Acid | Chemical | China | 55 USD/MT |
Sulphuric Acid | Chemical | Germany | 93 USD/MT |
Sulphuric Acid | Chemical | Saudi Arabia | 78 USD/MT |
Explore IMARC’s newly published report, titled “Sulphuric Acid Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of sulphuric acid pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
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In 2023, after three years of growth, there was significant decline in supplies from abroad of sulphuric acid and oleum, when their volume decreased by -28.4% to 564K tons.
The market value of sulfuric acid was roughly 11.17 billion U.S. dollars worldwide in 2022. By 2030, the global market value of this inorganic compound is expected to rise to around 14.33 billion U.S. dollars.
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The sulfuric acid market size is projected to grow from USD 16.95 billion in 2025 to USD 40.05 billion by 2035, representing a CAGR of 8.132%, during the forecast period till 2035
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According to Cognitive Market Research, the global sulfuric acid market size will be USD 15200.0 million in 2025. It will expand at a compound annual growth rate (CAGR) of 3.90% from 2025 to 2033.
North America held the major market share for more than 40% of the global revenue with a market size of USD 6080.00 million in 2025 and will grow at a compound annual growth rate (CAGR) of 2.1% from 2025 to 2033.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 4560.00 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 3496.00 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2025 to 2033.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 760.00 million in 2025 and will grow at a compound annual growth rate (CAGR) of 3.3% from 2025 to 2033.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 304.00 million in 2025 and will grow at a compound annual growth rate (CAGR) of 3.6% from 2025 to 2033.
The elemental sulfur currently holds the major share of the sulfuric acid market.
Market Dynamics of Sulfuric Acid Market
Key Drivers for Sulfuric Acid Market
Technological Advancements in Sulfuric Acid Production Methods Drives Market Growth
Technological advancements in sulfuric acid production methods are playing a pivotal role in driving the growth of the sulfuric acid market. Innovations in production technologies have improved the efficiency of sulfur extraction and acid production, leading to reduced energy consumption and environmental impact. The development of more sustainable processes, such as the use of cleaner catalysts and better sulfur recovery techniques, has made production more cost-effective. Automation and digitalization in sulfuric acid plants have further optimized production schedules and safety protocols. These advancements also ensure higher purity levels, increasing the demand for sulfuric acid across industries like chemicals, fertilizers, and mining. As such, technological progress is a key factor propelling market expansion. For instance, in October 2023, Nornickel inaugurated the Sulfur Program at the Nadezhda Smelter, launching Russia’s most ambitious environmental project aimed at significantly reducing sulfur dioxide emissions in Norilsk. The construction took over three years, with icebreakers transporting equipment. The project, including a large sulfuric acid facility, created around 500 new jobs.
Increasing Demand for Sulfuric Acid in the Production of Detergents Fuels Market Growth
The increasing demand for sulfuric acid in the production of detergents is significantly fueling the growth of the sulfuric acid market. Sulfuric acid plays a crucial role in the manufacture of surfactants, a primary ingredient in detergents, by facilitating the sulfonation process. As global consumer demand for cleaning products rises, particularly in emerging economies, the need for surfactants in laundry detergents, dishwashing products, and household cleaners grows, directly boosting sulfuric acid consumption. Additionally, the shift toward higher-quality and more effective cleaning agents further drives market expansion. The expansion of detergent production across both domestic and industrial sectors is expected to maintain a steady demand for sulfuric acid in the coming years.
Restraint Factor for the Sulfuric Acid Market
Competition from Other Types of Acids in Specific Applications Hampers Market Growth
Competition from other types of acids, such as hydrochloric acid, nitric acid, and phosphoric acid, hampers the growth of the sulfuric acid market in specific applications. In industries like metal processing, pickling, and textile processing, these alternatives offer similar benefits at times with reduced costs or lower environmental impact. For instance, hydrochloric acid is often preferred over sulfuric acid for certain metal cleaning processes due to its milder nature and lower corrosiveness. Similarly, phosphoric acid finds applications in fertilizer production and food processing, competing directly with sulfuric acid in some cases. This competition creates pricing pressure and ...
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Explore the complex factors affecting sulfuric acid prices per ton, including global supply and demand, raw material costs, geopolitical influences, and industry demand in fertilizers and chemical manufacturing.
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Graph and download economic data for Producer Price Index by Industry: Other Basic Inorganic Chemical Manufacturing: Sulfuric Acid (DISCONTINUED) (PCU325180325180811) from Dec 1973 to Dec 2017 about inorganic, chemicals, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.
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Find out the latest update on Sulphuric Acid price in Canada. The market price for the chemical has recently dropped by 1%, averaging $135 per ton. Stay informed about the chemical industry and its pricing trends with our expert analysis.
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India Wholesale Price Index: 82p: Average: Manufactured Products: Chemicals: Basic Heavy Inorganic Chemicals: Sulphuric Acid data was reported at 178.700 1981-1982=100 in Mar 2000. This records an increase from the previous number of 168.300 1981-1982=100 for Feb 2000. India Wholesale Price Index: 82p: Average: Manufactured Products: Chemicals: Basic Heavy Inorganic Chemicals: Sulphuric Acid data is updated monthly, averaging 149.650 1981-1982=100 from Apr 1982 (Median) to Mar 2000, with 216 observations. The data reached an all-time high of 244.900 1981-1982=100 in Apr 1997 and a record low of 84.100 1981-1982=100 in Feb 1984. India Wholesale Price Index: 82p: Average: Manufactured Products: Chemicals: Basic Heavy Inorganic Chemicals: Sulphuric Acid data remains active status in CEIC and is reported by Ministry of Commerce and Industry. The data is categorized under India Premium Database’s Inflation – Table IN.IH137: Wholesale Price Index: 1981-82=100: Manufactured Products: Chemicals.
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In 2024, the U.S. sulphuric acid market increased by 3.6% to $2.7B, rising for the third consecutive year after two years of decline. Overall, the total consumption indicated pronounced growth from 2012 to 2024: its value increased at an average annual rate of +4.1% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +81.2% against 2021 indices.
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4224 Global exporters importers export import shipment records of Sulphuric acid bulk with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
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Sulphuric acid exports from Germany soared to 1.2M tons in 2023, picking up by 43% against the previous year.
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26 Global export shipment records of Sulphuric Acid with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
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985 Global import shipment records of With Sulfuric Acid with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
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In 2024, after two years of growth, there was significant decline in the Pakistani sulphuric acid market, when its value decreased by -39.5% to $23K. Over the period under review, consumption saw a significant decrease. Sulphuric acid consumption peaked at $486K in 2018; however, from 2019 to 2024, consumption remained at a lower figure.
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40 Global import shipment records of Sulphuric Acid with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
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122 Global export shipment records of With Sulfuric Acid with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
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Explore the factors influencing sulfuric acid pricing, including market demand, production costs, and regulatory factors. Understand its role in various industries and how regional and global trends impact its price per liter.
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The price of sulfuric acid in USA during the first quarter of 2024 reached 64 USD/MT. The declining sulfur prices play a vital role in stabilizing the sulfuric acid prices in the US market. The narrow difference between sulfur and sulfuric acid depicts a bearish trend in the US sulfuric acid market.
Product
| Category | Region | Price |
---|---|---|---|
Sulfuric Acid | Bulk Chemical and Fertilizer | USA | 64 USD/MT |
Sulfuric Acid | Bulk Chemical and Fertilizer | Japan | 35 USD/MT |
Sulfuric Acid | Bulk Chemical and Fertilizer | Belgium | 59 USD/MT |
Explore IMARC’s newly published report, titled “Sulfuric Acid Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of sulfuric acid pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.