The Global Sulphuric Acid Market was valued at USD 9.35 billion in 2015 and is projected to reach USD 11.10 billion by 2021, at a CAGR of 2.87% from 2016 to 2021. The sulfuric acid market size was 244.26 million tons in 2015 and is projected to reach 278.33 tons by 2021, at a CAGR of 2.20% from 2016 to 2021. In this study, 2015 has been considered as the base year and 2021 as the forecast year to estimate the market size of sulfuric acid. With the greater expectancy of increase in yield from farmers and decreasing availability of fertile land for agricultural practices owing to growing urbanisation, the demand for fertilisers is estimated to increase rapidly.
The Global Sulphuric Acid Market was valued at USD 9.35 billion in 2015 and is projected to reach USD 11.10 billion by 2021, at a CAGR of 2.87% from 2016 to 2021. The sulfuric acid market size was 244.26 million tons in 2015 and is projected to reach 278.33 tons by 2021, at a CAGR of 2.20% from 2016 to 2021. In this study, 2015 has been considered as the base year and 2021 as the forecast year to estimate the market size of sulfuric acid. With the greater expectancy of increase in yield from farmers and decreasing availability of fertile land for agricultural practices owing to growing urbanisation, the demand for fertilisers is estimated to increase rapidly.
ReplyDelete