Australia Sulphuric Acid Market Outlook (2023-2029) | Share, Growth, Analysis, COVID-19 IMPACT, Size, Trends, Industry, Revenue, Value, Forecast & Companies

Australia Sulphuric Acid Market | Country-Wise Share and Competition Analysis

In the year 2021, Other Asia, nes was the largest exporter in terms of value, followed by Rep. of Korea. It has registered a growth of 113504.19% over the previous year. While Rep. of Korea registered a growth of 542.24% as compared to the previous year. In the year 2017, China was the largest exporter followed by Rep. of Korea. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Australia has a Herfindahl index of 4540 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of  2716 which signifies high concentration in the market.

Australia Sulphuric Acid Market - Export Market Opportunities

Topics Covered in the Australia Sulphuric Acid Market

Australia Sulphuric Acid Market report thoroughly covers the market by raw materials and by applications. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Australia Sulphuric Acid Market Synopsis

Australia Sulphuric Acid Market is forecast to grow steadily owing to the country's industrial and mining activities. Sulphuric acid played a critical role in the production of chemicals, fertilizers, metals, and other essential products. Additionally, the agriculture sector also contributed to the demand for sulphuric acid due to its use in manufacturing fertilizers to improve crop yields.

According to 6Wresearch, the Australia Sulphuric Acid Market is projected to grow during the forecast period 2023-2029. The increasing industrialization and economic growth in Australia drive the demand for sulphuric acid as a key chemical in various manufacturing and processing industries. The agriculture industry's reliance on sulphuric acid-based fertilizers to enhance soil fertility and crop productivity is one of the significant drivers of this market. However, sulphuric acid production and usage have environmental implications due to its corrosive and potentially hazardous nature. In addition, the market is influenced by fluctuations in raw material prices, particularly sulfur and energy, which impacted the overall cost of sulphuric acid production. Australia's strategic geographical location and surplus production capacity provided opportunities for domestic manufacturers to explore export markets in neighbouring countries and regions with growing demands. The Australia Sulphuric Acid Industry witnessed a trend towards adopting more sustainable practices, with a focus on recycling waste gases containing sulfur dioxide to produce sulphuric acid, promoting environmental responsibility.

The Impact of COVID-19 on the Australia Sulphuric Acid Market

The COVID-19 pandemic had significant effects on the Australia Sulphuric Acid market size. The pandemic resulted in disruptions to industrial activities, supply chains, and trade, leading to fluctuations in demand and production of sulphuric acid. Some of the key impacts on the Australia Sulphuric Acid Market are demand fluctuations as the pandemic-induced lockdowns and restrictions affected industrial and construction activities, leading to fluctuations in the demand for sulphuric acid across different sectors. The closure of international borders and disruptions in logistics and transportation affected the supply chain for raw materials and finished products, impacting sulphuric acid production and distribution.

Key players in the Australia Sulphuric Acid Market

Some of the key players in the Australia Sulphuric Acid market which is also a major part of Asia Pacific Sulphuric Acid Market include domestic producers as well as multinational companies that supply sulphuric acid to the country. These key players are involved in the manufacturing and marketing of sulphuric acid. For instance;

• Orica Limited
• CSBP Limited
• The Chemours Company
• BASF SE
• Akzo Nobel N.V.
• ExxonMobil Corporation
• Mitsubishi Chemical Corporation
• DuPont de Nemours, Inc.

Future of the Australia Sulphuric Acid Market

The Australia Sulphuric Acid market size is expected to grow over the coming years. The post-pandemic economic recovery is expected to drive the demand for sulphuric acid in various manufacturing processes, especially in the mining, metals, and agriculture sectors. Moreover, there is an increasing focus on sustainable practices and environmental responsibility. Also, Australia's ongoing infrastructure projects and construction activities drive the demand for construction materials, which, in turn, boost the demand for sulphuric acid used in cement production.

Market Analysis by Applications

According to Shivankar, Research Manager, 6Wresearch, the fertilizers industry has been the primary driver of sulphuric acid in Australia as well as this segment is projected to lead the Australia Sulphuric Acid Market Share. Sulphuric acid is a crucial component in the production of phosphate fertilizers which are widely used in the country's agriculture sector.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Australia Sulphuric Acid Market Outlook
• Market Size of Australia Sulphuric Acid Market, 2022
• Forecast of Australia Sulphuric Acid Market, 2029
• Historical Data and Forecast of Australia Sulphuric Acid Revenues & Volume for the Period 2019 - 2029
• Australia Sulphuric Acid Market Trend Evolution
• Australia Sulphuric Acid Market Drivers and Challenges
• Australia Sulphuric Acid Price Trends
• Australia Sulphuric Acid Porter's Five Forces
• Australia Sulphuric Acid Industry Life Cycle
• Historical Data and Forecast of Australia Sulphuric Acid Market Revenues & Volume By Raw Material for the Period 2019 - 2029
• Historical Data and Forecast of Australia Sulphuric Acid Market Revenues & Volume By Elemental sulfur for the Period 2019 - 2029
• Historical Data and Forecast of Australia Sulphuric Acid Market Revenues & Volume By Base metal smelters for the Period 2019 - 2029
• Historical Data and Forecast of Australia Sulphuric Acid Market Revenues & Volume By Pyrite ore for the Period 2019 - 2029
• Historical Data and Forecast of Australia Sulphuric Acid Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Australia Sulphuric Acid Market Revenues & Volume By Applications for the Period 2019 - 2029
• Historical Data and Forecast of Australia Sulphuric Acid Market Revenues & Volume By Fertilizers for the Period 2019 - 2029
• Historical Data and Forecast of Australia Sulphuric Acid Market Revenues & Volume By Chemical manufacturing for the Period 2019 - 2029
• Historical Data and Forecast of Australia Sulphuric Acid Market Revenues & Volume By Metal processing for the Period 2019 - 2029
• Historical Data and Forecast of Australia Sulphuric Acid Market Revenues & Volume By Petroleum refining for the Period 2019 - 2029
• Historical Data and Forecast of Australia Sulphuric Acid Market Revenues & Volume By Textile industry for the Period 2019 - 2029
• Historical Data and Forecast of Australia Sulphuric Acid Market Revenues & Volume By Automotive for the Period 2019 - 2029
• Historical Data and Forecast of Australia Sulphuric Acid Market Revenues & Volume By Paper & pulp for the Period 2019 - 2029
• Historical Data and Forecast of Australia Sulphuric Acid Market Revenues & Volume By Others for the Period 2019 - 2029
• Australia Sulphuric Acid Import Export Trade Statistics
• Market Opportunity Assessment By Raw Material
• Market Opportunity Assessment By Applications
• Australia Sulphuric Acid Top Companies Market Share
• Australia Sulphuric Acid Competitive Benchmarking By Technical and Operational Parameters
• Australia Sulphuric Acid Company Profiles
• Australia Sulphuric Acid Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Raw Material

• Elemental Sulfur
• Base Metal Smelters
• Pyrite Ore
• Others

By Applications

• Fertilizers
• Chemical Manufacturing
• Metal Processing
• Petroleum Refining
• Textile Industry
• Automotive
• Paper & Pulp
• Others

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