The Latin America, Middle East and Africa Sulfuric Acid Market would witness market growth of 3.5% CAGR during the forecast period (2023-2030).In the year 2026, the LAMEA market's volume is expected to surge to 18,031.1 kilo tonnes, showcasing a growth of 3.9% (2023-2030).
Sulfuric acid is a versatile and essential chemical in various chemical processes, and its demand is closely linked to the growth and activities of the chemical manufacturing sector. As the chemical manufacturing industry expands, the production of a wide range of chemicals also increases. Sulfuric acid is a key reagent or catalyst in the synthesis of many chemicals, including fertilizers, detergents, dyes, pigments, and pharmaceuticals. Consequently, a growing chemical manufacturing sector often leads to higher demand for sulfuric acid as a raw material or reactant.
Chemical manufacturing facilities often require strong acids like sulfuric acid for cleaning, maintenance, and equipment descaling. Expansion in the industry can lead to higher usage of sulfuric acid for such purposes. As chemical manufacturers invest in research and development to develop new products, processes, and technologies, they may rely on sulfuric acid for various experimentation and synthesis purposes. It is utilized in households as a liquid drain cleaner to unclog drains. It is present in low concentrations in glass-cleaning etching compounds, rust and corrosion dissolvers, and a few fabric cleaners. These daily uses of sulfuric acid are anticipated to stimulate the market.
Latin American region is a diverse market with various industrial applications. Several countries in the region have robust mining, agricultural, and chemical sectors that demand this chemical. FAO and OECD stated that the region of Latin America accounted for 17% of the net export value and 13% of the worldwide production value of agricultural and seafood products in 2021. According to BP's Statistical Review of World Energy - 2021, the Middle East produces 31% of the world's oil and 18% of the world's gas. Additionally, the region has 48% of the world's proven oil reserves and 40% of the world's proven gas reserves. Thus, the expansion of these sectors will directly lead to the expansion of the regional market.
The Brazil market dominated the LAMEA Sulfuric Acid Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.1 billion by 2030. The Argentina market is estimated to witness a CAGR of 3.2% during (2023 - 2030). Additionally, The South Africa market would showcase a CAGR of 4.1% during (2023 - 2030).
Based on Raw Material, the market is segmented into Elemental Sulfur, Base Metal Smelters, Pyrite Ore and Others. Based on Application, the market is segmented into Fertilizers, Chemical Manufacturing, Metal Processing, Textile Industry, Petroleum Refining, Automotive, Pulp & Paper and Others. Based on countries, the market is segmented into Brazil, Argentina, South Africa, Nigeria, Morocco, Chile, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Sulfuric Acid Market is Projected to reach USD 17.9 Billion by 2030, at a CAGR of 3.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Mosaic Company, Akzo Nobel N.V., BASF SE, Solvay SA, PVS Chemical Solution, INEOS Group Holdings S.A. (Bilcare Research), and Nutrien Limited
Scope of the Study
Market Segments Covered in the Report:
By Raw Material (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Elemental Sulfur
- Base Metal Smelters
- Pyrite Ore
- Others
By Application (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Fertilizers
- Chemical Manufacturing
- Metal Processing
- Textile Industry
- Petroleum Refining
- Automotive
- Pulp & Paper
- Others
By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Brazil
- Argentina
- South Africa
- Nigeria
- Morocco
- Chile
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- The Mosaic Company
- Akzo Nobel N.V.
- BASF SE
- Solvay SA
- PVS Chemical Solution
- INEOS Group Holdings S.A. (Bilcare Research)
- Nutrien Limited
TABLE 1 LAMEA Sulfuric Acid Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Sulfuric Acid Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Sulfuric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 4 LAMEA Sulfuric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 5 LAMEA Sulfuric Acid Market by Raw Material, 2019 - 2022, USD Million
TABLE 6 LAMEA Sulfuric Acid Market by Raw Material, 2023 - 2030, USD Million
TABLE 7 LAMEA Sulfuric Acid Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 8 LAMEA Sulfuric Acid Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 9 LAMEA Elemental Sulfur Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Elemental Sulfur Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Elemental Sulfur Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 LAMEA Elemental Sulfur Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 LAMEA Base Metal Smelters Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Base Metal Smelters Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Base Metal Smelters Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 LAMEA Base Metal Smelters Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 LAMEA Pyrite Ore Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Pyrite Ore Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Pyrite Ore Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 LAMEA Pyrite Ore Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 LAMEA Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 LAMEA Sulfuric Acid Market by Application, 2019 - 2022, USD Million
TABLE 26 LAMEA Sulfuric Acid Market by Application, 2023 - 2030, USD Million
TABLE 27 LAMEA Sulfuric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 28 LAMEA Sulfuric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 29 LAMEA Fertilizers Market by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Fertilizers Market by Country, 2023 - 2030, USD Million
TABLE 31 LAMEA Fertilizers Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 LAMEA Fertilizers Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 LAMEA Chemical Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Chemical Manufacturing Market by Country, 2023 - 2030, USD Million
TABLE 35 LAMEA Chemical Manufacturing Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 LAMEA Chemical Manufacturing Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 LAMEA Metal Processing Market by Country, 2019 - 2022, USD Million
TABLE 38 LAMEA Metal Processing Market by Country, 2023 - 2030, USD Million
TABLE 39 LAMEA Metal Processing Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 LAMEA Metal Processing Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 LAMEA Textile Industry Market by Country, 2019 - 2022, USD Million
TABLE 42 LAMEA Textile Industry Market by Country, 2023 - 2030, USD Million
TABLE 43 LAMEA Textile Industry Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 LAMEA Textile Industry Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 LAMEA Petroleum Refining Market by Country, 2019 - 2022, USD Million
TABLE 46 LAMEA Petroleum Refining Market by Country, 2023 - 2030, USD Million
TABLE 47 LAMEA Petroleum Refining Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 LAMEA Petroleum Refining Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 LAMEA Automotive Market by Country, 2019 - 2022, USD Million
TABLE 50 LAMEA Automotive Market by Country, 2023 - 2030, USD Million
TABLE 51 LAMEA Automotive Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 LAMEA Automotive Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 LAMEA Pulp & Paper Market by Country, 2019 - 2022, USD Million
TABLE 54 LAMEA Pulp & Paper Market by Country, 2023 - 2030, USD Million
TABLE 55 LAMEA Pulp & Paper Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 56 LAMEA Pulp & Paper Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 57 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 58 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 59 LAMEA Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 60 LAMEA Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 61 LAMEA Sulfuric Acid Market by Country, 2019 - 2022, USD Million
TABLE 62 LAMEA Sulfuric Acid Market by Country, 2023 - 2030, USD Million
TABLE 63 LAMEA Sulfuric Acid Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 64 LAMEA Sulfuric Acid Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 65 Brazil Sulfuric Acid Market, 2019 - 2022, USD Million
TABLE 66 Brazil Sulfuric Acid Market, 2023 - 2030, USD Million
TABLE 67 Brazil Sulfuric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 68 Brazil Sulfuric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 69 Brazil Sulfuric Acid Market by Raw Material, 2019 - 2022, USD Million
TABLE 70 Brazil Sulfuric Acid Market by Raw Material, 2023 - 2030, USD Million
TABLE 71 Brazil Sulfuric Acid Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 72 Brazil Sulfuric Acid Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 73 Brazil Sulfuric Acid Market by Application, 2019 - 2022, USD Million
TABLE 74 Brazil Sulfuric Acid Market by Application, 2023 - 2030, USD Million
TABLE 75 Brazil Sulfuric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 76 Brazil Sulfuric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 77 Argentina Sulfuric Acid Market, 2019 - 2022, USD Million
TABLE 78 Argentina Sulfuric Acid Market, 2023 - 2030, USD Million
TABLE 79 Argentina Sulfuric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 80 Argentina Sulfuric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 81 Argentina Sulfuric Acid Market by Raw Material, 2019 - 2022, USD Million
TABLE 82 Argentina Sulfuric Acid Market by Raw Material, 2023 - 2030, USD Million
TABLE 83 Argentina Sulfuric Acid Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 84 Argentina Sulfuric Acid Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 85 Argentina Sulfuric Acid Market by Application, 2019 - 2022, USD Million
TABLE 86 Argentina Sulfuric Acid Market by Application, 2023 - 2030, USD Million
TABLE 87 Argentina Sulfuric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 88 Argentina Sulfuric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 89 South Africa Sulfuric Acid Market, 2019 - 2022, USD Million
TABLE 90 South Africa Sulfuric Acid Market, 2023 - 2030, USD Million
TABLE 91 South Africa Sulfuric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 92 South Africa Sulfuric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 93 South Africa Sulfuric Acid Market by Raw Material, 2019 - 2022, USD Million
TABLE 94 South Africa Sulfuric Acid Market by Raw Material, 2023 - 2030, USD Million
TABLE 95 South Africa Sulfuric Acid Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 96 South Africa Sulfuric Acid Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 97 South Africa Sulfuric Acid Market by Application, 2019 - 2022, USD Million
TABLE 98 South Africa Sulfuric Acid Market by Application, 2023 - 2030, USD Million
TABLE 99 South Africa Sulfuric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 100 South Africa Sulfuric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 101 Nigeria Sulfuric Acid Market, 2019 - 2022, USD Million
TABLE 102 Nigeria Sulfuric Acid Market, 2023 - 2030, USD Million
TABLE 103 Nigeria Sulfuric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 104 Nigeria Sulfuric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 105 Nigeria Sulfuric Acid Market by Raw Material, 2019 - 2022, USD Million
TABLE 106 Nigeria Sulfuric Acid Market by Raw Material, 2023 - 2030, USD Million
TABLE 107 Nigeria Sulfuric Acid Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 108 Nigeria Sulfuric Acid Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 109 Nigeria Sulfuric Acid Market by Application, 2019 - 2022, USD Million
TABLE 110 Nigeria Sulfuric Acid Market by Application, 2023 - 2030, USD Million
TABLE 111 Nigeria Sulfuric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 112 Nigeria Sulfuric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 113 Morocco Sulfuric Acid Market, 2019 - 2022, USD Million
TABLE 114 Morocco Sulfuric Acid Market, 2023 - 2030, USD Million
TABLE 115 Morocco Sulfuric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 116 Morocco Sulfuric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 117 Morocco Sulfuric Acid Market by Raw Material, 2019 - 2022, USD Million
TABLE 118 Morocco Sulfuric Acid Market by Raw Material, 2023 - 2030, USD Million
TABLE 119 Morocco Sulfuric Acid Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 120 Morocco Sulfuric Acid Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 121 Morocco Sulfuric Acid Market by Application, 2019 - 2022, USD Million
TABLE 122 Morocco Sulfuric Acid Market by Application, 2023 - 2030, USD Million
TABLE 123 Morocco Sulfuric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 124 Morocco Sulfuric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 125 Chile Sulfuric Acid Market, 2019 - 2022, USD Million
TABLE 126 Chile Sulfuric Acid Market, 2023 - 2030, USD Million
TABLE 127 Chile Sulfuric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 128 Chile Sulfuric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 129 Chile Sulfuric Acid Market by Raw Material, 2019 - 2022, USD Million
TABLE 130 Chile Sulfuric Acid Market by Raw Material, 2023 - 2030, USD Million
TABLE 131 Chile Sulfuric Acid Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 132 Chile Sulfuric Acid Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 133 Chile Sulfuric Acid Market by Application, 2019 - 2022, USD Million
TABLE 134 Chile Sulfuric Acid Market by Application, 2023 - 2030, USD Million
TABLE 135 Chile Sulfuric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 136 Chile Sulfuric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 137 Rest of LAMEA Sulfuric Acid Market, 2019 - 2022, USD Million
TABLE 138 Rest of LAMEA Sulfuric Acid Market, 2023 - 2030, USD Million
TABLE 139 Rest of LAMEA Sulfuric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 140 Rest of LAMEA Sulfuric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 141 Rest of LAMEA Sulfuric Acid Market by Raw Material, 2019 - 2022, USD Million
TABLE 142 Rest of LAMEA Sulfuric Acid Market by Raw Material, 2023 - 2030, USD Million
TABLE 143 Rest of LAMEA Sulfuric Acid Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 144 Rest of LAMEA Sulfuric Acid Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 145 Rest of LAMEA Sulfuric Acid Market by Application, 2019 - 2022, USD Million
TABLE 146 Rest of LAMEA Sulfuric Acid Market by Application, 2023 - 2030, USD Million
TABLE 147 Rest of LAMEA Sulfuric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 148 Rest of LAMEA Sulfuric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 149 Key Information – The Mosaic Company
TABLE 150 Key information – Akzo Nobel N.V.
TABLE 151 Key Information – BASF SE
TABLE 152 Key Information – Solvay SA
TABLE 153 Key Information – PVS Chemical Solution
TABLE 154 Key Information – INEOS Group Holdings S.A.
TABLE 155 Key Information – Nutrien Limited
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Sulfuric Acid Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Sulfuric Acid Market
FIG 4 Porter’s Five Force Analysis: Sulfuric Acid Market
FIG 5 LAMEA Sulfuric Acid Market share by Raw Material, 2022
FIG 6 LAMEA Sulfuric Acid Market share by Raw Material, 2030
FIG 7 LAMEA Sulfuric Acid Market by Raw Material, 2019 - 2030, USD Million
FIG 8 LAMEA Sulfuric Acid Market share by Application, 2022
FIG 9 LAMEA Sulfuric Acid Market share by Application, 2030
FIG 10 LAMEA Sulfuric Acid Market by Application, 2019 - 2030, USD Million
FIG 11 LAMEA Sulfuric Acid Market share by Country, 2022
FIG 12 LAMEA Sulfuric Acid Market share by Country, 2030
FIG 13 LAMEA Sulfuric Acid Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: The Mosaic Company
FIG 15 SWOT Analysis: Akzo Nobel N.V.
FIG 16 SWOT Analysis: BASF SE
FIG 17 SWOT Analysis: Solvay SA
FIG 18 SWOT Analysis: PVS Chemical Solution
FIG 19 Recent strategies and developments: INEOS GROUP HOLDINGS S.A.
FIG 20 SWOT Analysis: INEOS GROUP HOLDINGS S.A.
FIG 21 SWOT Analysis: Nutrien Limited