Procurement Resource Evaluates the Price Trends of Sulphuric Acid in its Latest Insights and Dashboard
Price Trends of Sulphuric Acid in its Latest Insights and Dashboard
Procurement Resource does an in-depth analysis of the market trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Sulphuric 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; customisation of price currencies and units and downloading of price information as excel files that can be used offline. The pricing database and analysis of Sulphuric Acid can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
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Product Description:
Chemically speaking, sulfuric acid is an odourless, colourless substance that dissolves in water. It is very oxidising, dehydrating, and acidic in nature. Agriculture, consumer goods, automotive and transportation, and other end-use industries all employ sulfuric acid in a variety of ways.
Also Check Sulphuric Acid Production Cost Report – https://www.procurementresource.com/production-cost-report-store/sulfuric-acid
Regions Covered to Evaluate Sulphuric Acid Price Trend:
- North America
- South America
- Europe
- The Asia Pacific
- The Middle East
- Africa
Industrial Uses Impacting Sulphuric Acid Price Trend:
Due to its widespread use in numerous industries, demand for sulfuric acid has been steadily rising. The demand for fertilisers and agrochemicals is anticipated to increase as the agricultural land area decreases around the world. Sulphuric acid is mostly consumed by the fertiliser industry. Over the course of the projection period, an increase in fertiliser demand is anticipated to drive up demand for sulfuric acid. Due to the global growth of the automotive sector, there is an increase in the consumption of gasoline and other petroleum products. Sulphuric acid will be utilised more frequently in the petroleum refining process as a result of strict government rules introduced to improve the quality of gasoline used to power automobiles.
Key Market Players:
- Overseas Polymers Pvt. Ltd.
- Huntsman Corporation.
- BorsodChem
- The Dow Chemical Company
- Mitsui Chemicals, Inc.
- Bayer
- Lyondell Chemical Company
News and Events:
To increase the production of electronic-grade sulfuric acid in Jiaxing, China, BASF, Zhejiang Jiahua Energy Chemical Industry Co. Ltd., and its fully-owned subsidiary Zhejiang Jiafu New Material Technology Co. Ltd. inked a contract in July 2021.
About Us:
Procurement Resource is Claight’s subscription-based SaaS platform providing 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 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 track 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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