Product Code: ETC191196 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The India Sulfuric Acid Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 16.84% in 2025, the market peaks at 17.44% in 2027, and settles at 16.06% by 2029.
The India sulfuric acid market is expected to grow at a CAGR of 4.11% during the forecast period (2025-2031). It is primarily driven by its increasing demand from industries such as fertilizer, chemical, and automotives. Increasing industrialization and urbanization in India are also contributing factors for the growth of this market. Additionally, rising government initiatives to set up new ammonia-urea complexes and upgradation of existing capacities will further propel the growth of this market in India.
Growing Fertilizer Industry: The growing production capacity of urea within India has resulted in an increased need for sulfuric acid, which is used as one of the main raw materials in the urea production process. This factor has been driving the demand for sulfuric acid over the years. Growth in Automotive Sector: The advent of electric vehicles across world markets coupled with stringent emission regulations have necessitated manufacturers to focus on vehicle weight reduction using lightweight metals such as aluminum alloys that require more amount of sulphuric acid than steel or iron during their processing stage. This factor has contributed substantially towards driving demand for sulphuric acid globally over recent years.
High Transportation Costs & Logistical Issues ??? Sulfuric Acid being an extremely corrosive material requires proper packaging before transportation resulting into heavy costs associated with logistic expenses involved making it difficult for small scale businesses to gain profit margins out of their products thus leading declining investments into this sector from time to time.
Some major players operating in Indiasulfric acid market include Gujarat Alkalies & Chemicals Limited., Coromandel International Ltd., Shriram Fertilisers & Chemical Industries Ltd., Zuari Agro Chemicals Ltd., DCM Shriram Consolidated etc.
The overall impact due to COVID 19 pandemic can be seen on both supply and demand side dynamics related to Sulphuric acids industry thereby causing disruption mainly due to lockdowns implemented throughout globe restricting movement/transportation activities leading towards supply chain disruptions , economic slow down , prolonged storage issues along with other business discrepancies eventually leading towards decrease in consumption rate.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Sulfuric Acid Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Sulfuric Acid Market Revenues & Volume, 2021 & 2031F |
3.3 India Sulfuric Acid Market - Industry Life Cycle |
3.4 India Sulfuric Acid Market - Porter's Five Forces |
3.5 India Sulfuric Acid Market Revenues & Volume Share, By By Raw Material Type, 2021 & 2031F |
3.6 India Sulfuric Acid Market Revenues & Volume Share, By By End-user Industry, 2021 & 2031F |
4 India Sulfuric Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Sulfuric Acid Market Trends |
6 India Sulfuric Acid Market, By Types |
6.1 India Sulfuric Acid Market, By By Raw Material Type |
6.1.1 Overview and Analysis |
6.1.2 India Sulfuric Acid Market Revenues & Volume, By By Raw Material Type, 2021-2031F |
6.1.3 India Sulfuric Acid Market Revenues & Volume, By Elemental Sulfur, 2021-2031F |
6.1.4 India Sulfuric Acid Market Revenues & Volume, By Pyrite Ore, 2021-2031F |
6.1.5 India Sulfuric Acid Market Revenues & Volume, By Other Raw Materials (Base Metal Smelters), 2021-2031F |
6.2 India Sulfuric Acid Market, By By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 India Sulfuric Acid Market Revenues & Volume, By Fertilizer, 2021-2031F |
6.2.3 India Sulfuric Acid Market Revenues & Volume, By Chemical & Pharmaceutical, 2021-2031F |
6.2.4 India Sulfuric Acid Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.5 India Sulfuric Acid Market Revenues & Volume, By Petroleum Refining, 2021-2031F |
6.2.6 India Sulfuric Acid Market Revenues & Volume, By Other End-user Industries (Pulp & Paper, Metal Processing), 2021-2031F |
7 India Sulfuric Acid Market Import-Export Trade Statistics |
7.1 India Sulfuric Acid Market Export to Major Countries |
7.2 India Sulfuric Acid Market Imports from Major Countries |
8 India Sulfuric Acid Market Key Performance Indicators |
9 India Sulfuric Acid Market - Opportunity Assessment |
9.1 India Sulfuric Acid Market Opportunity Assessment, By By Raw Material Type, 2021 & 2031F |
9.2 India Sulfuric Acid Market Opportunity Assessment, By By End-user Industry, 2021 & 2031F |
10 India Sulfuric Acid Market - Competitive Landscape |
10.1 India Sulfuric Acid Market Revenue Share, By Companies, 2024 |
10.2 India Sulfuric Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |