The Malaysia Sulphuric Acid market demand stood at 370 thousand tonnes in 2023 and is likely to expand at a CAGR of 3.2% during the forecast period until 2034.
Sulfuric Acid is typically produced through the contact process, which involves converting sulfur into sulfur dioxide in the presence of air. This acid is extensively used across various industries including chemical, fertilizer, and pharmaceutical sectors. A significant portion of Sulfuric Acid is allocated to producing phosphoric acid, which in turn is used in the production of phosphate fertilizers such as DAP and MAP. These fertilizers play a crucial role in agriculture by enhancing root and seed development, as well as overall plant growth. Additionally, it is integral in petroleum refining and metallurgical processes.
The Malaysia Sulphuric Acid Market is set to experience significant expansion in the projected timeframe, fueled by several key factors.. As the agricultural sector prioritizes enhancing crop yield and ensuring food security, there is a heightened uptake of Sulphuric Acid-based fertilizers, capitalizing on their essential nitrogen content for optimal plant growth.. Moreover, sulfuric acid serves as a vital component in the petroleum refining industry, where it plays a pivotal role in refining processes, efficiently purifying crude oil and petroleum products to yield high-quality, cleaner fuels. Furthermore, in Malaysia's metal processing sector, sulfuric acid is employed for diverse applications, including pickling and electroplating, to elevate surface preparation standards and enhance the adhesion of coatings during metal finishing procedures. Owing to these factors, Malaysia Sulphuric Acid market is likely to reach roughly 525 thousand tonnes in 2034.
Based on the end-user industry, the Malaysia Sulphuric Acid market is segmented into Phosphate Fertilizers, Semiconductor, Metal Processing, Phosphating, and Others. Within these sectors, the Phosphate Fertilizers industry holds the highest market share, closely followed by the Metal Processing industry. As of 2023, the Phosphate Fertilizers industry secured a market share of approximately 50%.
Main player in Malaysia Sulphuric Acid market is See Sen Chemical Berhad. Main players in the Global Sulphuric Acid market are Hubei Xingfa, Guizhau Phosphate Group, OCP Group, Jiangsu copper, Hubei Yihua, Sichuan Dragon Python Group, Shangdong Yanggy Xiansgguang, Jinchuan, Henan Zhongyuan, Vedanta Ltd., Anhui Tomgling, JIFCO, Pradip Phosphate Ltd., Pan Pacific Copper, Yidu Xingfa Chemical Co., Korea-Zinc, Coromondal International, 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 Malaysia Sulphuric Acid which covers production, demand and supply of Sulphuric Acid market in Malaysia.
• To analyse and forecast the market size of Malaysia Sulphuric Acid
• To classify and forecast Malaysia 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 Malaysia.
To extract data for Malaysia 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 Malaysia Sulphuric Acid market over the coming years.
ChemAnalyst calculated Sulphuric Acid demand across the Malaysia 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 ass 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, Malaysia 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
370 thousand tonnes
Market size Volume by 2034
525 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, Foreign Trade, Company Share, Manufacturing Process.
Segments covered
By End-Use: (Phosphate Fertilizers, Semiconductor, Metal Processing, Phosphating, and Others)
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Market Data & Insights
Table of Content
1. Industry Market Size
It is an essential metric for market analysis, as it provides insights into the overall size and growth potential of Sulphuric Acid market in terms of value and volume.
2. Capacity By Company
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Sulphuric Acid.
3. Capacity By Location
To better understand the regional supply of Sulphuric Acid by analyzing its manufacturers' location-based capacity.
4. Plant Operating Efficiency
To determine what percentage manufacturers are operating their plants or how much capacity is being currently used.
5. Production By Company [Quarterly Update]
Study the historical annual production of Sulphuric Acid by the leading players and forecast how it will grow in the coming years.
6. Demand by End- Use [Quarterly Update]
Discover which end-user industry (Phosphate Fertilizers, Semiconductor, Metal Processing, Phosphating, and Others) are creating a market and the forecast for the growth of the Sulphuric Acid market.
7. Demand by Region
Analyzing the change in demand of Sulphuric Acid in different regions, i.e., Peninsular Malaysia, Sabah, and Rest of Malaysia, that can direct you in mapping the regional demand.
8. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell Sulphuric Acid. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
9. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Sulphuric Acid.
10. Company Share
Figure out what proportion of the market share of Sulphuric Acid is currently held by leading players across Malaysia.
11. Country-wise Export
Get details about quantity of Sulphuric Acid exported by major countries.
12. Country-wise Import
Get details about quantity of Sulphuric Acid imported by major countries.
13. Manufacturing Process
Discover insights into the intricate manufacturing process of Sulphuric Acid.
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What was the size of Malaysia Sulphuric Acid market in terms of volume in 2023?
Ans:
The size of Malaysia Sulphuric Acid market has grown significantly and reached approximately 370 thousand tonnes in 2023.
Q2.
Which industry is leading as the leading consumer of Sulphuric Acid?
Ans:
Phosphate Fertilizers industry is the leading consumer of Sulphuric Acid.
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Ans:
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