The Japan Sulphuric Acid market demand stood at roughly 3160 thousand tonnes in 2023 and is expected to grow at a CAGR of 3.2% during the forecast period until 2034.
Sulphuric Acid is typically manufactured through the contact process, which involves the oxidation of sulphur dioxide with sulphur in the presence of air. This transparent and water-soluble acid boasts a wide array of applications across the global chemical, fertilizer, and pharmaceutical sectors. Highest portion of sulphuric acid is dedicated to the production of phosphoric acid, a critical ingredient in phosphate fertilizers such as DAP and MAP. These fertilizers play a pivotal role in agriculture by enhancing root and seed development, as well as overall plant growth. Its utility extends to petroleum refining and metallurgical operations, further highlighting its versatility and importance across multiple industries.
The sulfuric acid market in Japan experiences various market dynamics contributing to its growth. Firstly, there's an uptick in demand for high-quality fertilizers within the agricultural sector, driven by the need for improved crop cultivation, thus boosting the sulfuric acid market. Additionally, sulfuric acid finds extensive use for the production of various compounds such as synthetic detergents, and Sulfate salts. Furthermore, sulfuric acid is utilized in the metallurgical sector for metal extraction and purification processes, as well as in the production of batteries and explosives. Additionally, sulfuric acid helps in activating the metal surface by removing metal oxides and creating a roughened surface texture. This activated surface provides nucleation sites for the formation of the phosphate coating, improving its adhesion and overall effectiveness, which further add on to the positive market outlook of sulphuric acid. These diverse end uses further contribute to the growth and stability of the sulfuric acid market in Japan. Also, the demand for sulphuric acid is driven primarily by its crucial role in cleaning and etching processes for semiconductors and printed circuit boards (PCBs). In addition, Japan is one of the leading exporters of Sulphuric acid across the globe, In 2022 Japan exported around 3000 thousand tonnes of Sulphuric acid to Asian countries, which include Philippines, India, and Thailand. Due to these reasons, the Japan Sulphuric Acid market size is estimated to reach roughly 4470 thousand tonnes in 2034.
Based on the end-user industry, the Japan Sulphuric Acid market is segregated into Phosphate Fertilizers, Semiconductor, Metal Processing, Phosphating, and Others. The largest chunk of Sulphuric Acid goes towards Phosphate Fertilizers. In 2023, this industry consumed about 42 percent of the net Japan Sulphuric Acid market.
Significant players in the Japan Sulphuric Acid market are Pan Pacific Copper Co. Ltd., Konishiyasu Co., Ltd., Nissan Chemical Corporation, Sumitomo Chemical Co., Ltd., and Hibi Kyodo Smelting. Main players in the Global Sulphuric Acid market are Aurubis, Boliden AB, Desmet Ballestra, Efremov Chemicals, JSC Khiagda, JSC Priyargunsky, KGHM Polska Miedz S.A., Kazatomprom, Nyrstar N.V., Nuova Solmine S.p.A., Outokumpu OY, Priargunsky Industrial Mining, UPM-Kymmene, and Others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2023
Estimated Year: 2024
Forecast Period: 2025-2034
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Objective of the Study:
• To assess the demand-supply scenario of Sulphuric Acid which covers production, demand and supply of Sulphuric Acid market in Japan.
• To analyse and forecast the market size of Sulphuric Acid
• To classify and forecast Japan Sulphuric Acid market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Sulphuric Acid market in Japan.
To extract data for Japan Sulphuric Acid market, primary research surveys were conducted with Sulphuric Acid manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Japan Sulphuric Acid market over the coming years.
ChemAnalyst calculated Sulphuric Acid demand across the Japan region by analysing the volume of Sulphuric Acid consumed by the end-user industries and the forecast is calculated based on the growth rate of end-use industries. ChemAnalyst sourced these values from industry experts and company representatives and externally validated them by analyzing the historical sales data of respective manufacturers to determine the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Sulphuric Acid manufacturers and other stakeholders
• Organizations, forums and alliances related to Sulphuric Acid distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Sulphuric Acid manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Japan Sulphuric Acid market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2023
3160 thousand tonnes
Market size Volume by 2034
4470 thousand tonnes
Growth Rate
CAGR of 3.2% from 2024 to 2034
Base year
2023
Estimated Year
2024
Historical Data
2015 – 2022
Forecast period
2025 – 2034
Quantitative units
Demand in thousand tonnes and CAGR from 2024 to 2034
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Foreign Trade, Manufacturing Process.
Segments covered
By End-Use: (Phosphate Fertilizers, Semiconductor, Metal Processing, Phosphating, and Others)
I am satisfied with overall performance of ChemAnalyst. Weekly updates before the final report were especially helpful and reassuring. Additional requests on the interim and/or final reports were handled in a swift and professional manner
Mr.Shin Dosho
Member - Board of Directors
Osaka Gas Co. Ltd
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What was the size of Japan Sulphuric Acid market in terms of volume in 2023?
Ans:
The size of Japan Sulphuric Acid market has grown significantly in the historic period and reached approximately 3160 thousand tonnes in 2023.
Q2.
Which industry is leading as the leading consumer of Japan Sulphuric Acid market?
Ans:
Phosphate Fertilizers industry is the leading consumer of Japan Sulphuric Acid market.
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