Sulfuric Acid Market Size To Reach $21,148.0 Million By 2033

Sulfuric Acid Market Growth & Trends

The global sulfuric acid market size is estimated to reach USD 21,148.0 million by 2033, registering a CAGR of 5.0% from 2026 to 2033, according to a new report by Grand View Research, Inc. The industry growth is majorly driven by the increasing global demand for the application of H₂SO₄ in end-use industries, such as textile, chemical, agriculture, petroleum refining, and automotive. The increasing developments in agricultural biotechnology to produce food crops, as well as feed crops for livestock & poultry, are expected to boost the demand for nutrient-rich crop yield. The nutrient-rich crops contain iron, vitamins, and other related protein that are useful for the human body in keeping it healthy and disease-free. Through the addition of appropriate mineral or inorganic compounds to fertilizers, the biofortification of crops is improved.

The micronutrients in soil play a vital role in producing nutrient-rich food crops. The growing product usage for enhanced food crop yield is projected to drive market growth. Moreover, the increasing product application scope in the automotive industry will drive its demand over the forecast period. As per the International Organization of Motor Vehicle Manufacturers (OICA), the global production of cars was 55.83 million in 2020, which further grew to 57.05 million in 2021 and 61.6 million in 2022. The production of automobiles is rising owing to the increasing population and growing disposable incomes. This has increased the purchasing power of consumers, thereby boosting luxury car sales in rapidly growing countries like India, China, and Japan along with some European countries. Thus, the rising product demand from the automobile industry is expected to contribute to market growth over the forecast period.

 Request a free sample copy or view report summary: Sulfuric Acid Market Report

Sulfuric Acid Market Report Highlights

• In terms of raw materials, the elemental sulfur segment dominated the market with a revenue share of 53.5% in 2025, due to its cost efficiency, stable availability from oil & gas refining, and high purity levels.

• In terms of application, the fertilizer segment dominates sulfuric acid with revenue share of 54.2%, due to its essential role in phosphoric acid and phosphate fertilizer production.

• Asia Pacific dominated the sulfuric acid market with revenue share of 47.7% in 2025, due to rapid industrialization and expanding agricultural activity.

Sulfuric Acid Market Segmentation

Grand View Research has segmented the global sulfuric acid market based on raw material, application, and region:

Sulfuric Acid Raw Material Outlook (Volume, Million Tons; Revenue, USD Million, 2018 - 2033)

• Elemental Sulfur

• Base Metal Smelters

• Pyrite Ore

• Other Raw Materials

Sulfuric Acid Application Outlook (Volume, Million Tons; Revenue, USD Million, 2018 - 2033)

• Fertilizers

• Chemical Manufacturing

• Metal Processing

• Petroleum Refining

• Textile Industry

• Automotive

• Pulp & Paper

• Other Applications

Sulfuric Acid Regional Outlook (Volume, Million Tons; Revenue, USD Million, 2018 - 2033)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • France

  • Russia

• Asia Pacific

  • China

  • India

  • Japan

• Latin America

• Middle East & Africa

  • Saudi Arabia

List of Key Players in the Sulfuric Acid Market

• The Mosaic Company

• AkzoNobel N.V.

• BASF SE

• PVS Chemical Solution

• Solvay

• Nutrien Ltd.

• INEOS