Sulfuric Acid Market to See Significant Growth Through 2030 Driven by Automotive and Agriculture Demand

Sulfuric acid market size projected to grow from USD 17.03 billion in 2022 to USD 39.53 billion in 2030, exhibiting a CAGR of 11.10%.

Rising demand from automotive and agricultural industries driving growth due to sulfuric acid's use in these sectors.

Asia Pacific emerged as largest market with 34.17% share of global sulfuric acid market revenue in 2022.

Pyrite ore segment expected to register highest CAGR of 14.39% over forecast period due to its use when elemental sulfur unavailable.

Chemical manufacturing segment anticipated to grow at highest CAGR of 14.95% over forecast period due to sulfuric acid's widespread use in chemical industry.