Sulfuric acid (H2SO4) is an inorganic chemical compound with a highly corrosive and strongly acidic nature. This compound, also known as matting acid, exists as a colorless liquid with no discernible odor and exhibits solubility in both water and ethyl alcohol. When mixed with water, it generates heat and has a boiling point of approximately 337°C. Sulfuric acid is commercially produced through a chamber process using sulfur trioxide.
In various industrial chemical manufacturing processes, sulfuric acid serves as both an oxidizing and dehydrating agent. Its versatility makes it a vital component in numerous commercial sectors, including chemical and agrochemical manufacturing industries.
Vietnam, the United States, and India are among the prominent importing countries for sulfuric acid. Conversely, Vietnam, India, and China are notable exporters of this chemical compound.
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Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Sulfuric acid price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
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Sulfuric acid holds a prominent position as an industrial chemical, finding extensive applications in the large-scale synthesis of various chemical compounds. Its versatility extends across diverse industrial sectors, including but not limited to the chemical, petrochemical, agricultural, and polymer industries.
One of its primary roles lies in the production of acids and bases, often on a grand scale, making it a fundamental component of chemical manufacturing processes. In agriculture, sulfuric acid plays a crucial role in the creation of fertilizers, enriching the soil with essential nutrients to promote healthy crop growth. Moreover, it has a significant presence in the paints and coatings industry, contributing to the formulation of vibrant dyes and paints.
Beyond these applications, sulfuric acid also plays a pivotal role in the pharmaceutical sector, where it contributes to the synthesis of specific drugs and medications, particularly those used in cancer treatment. Its influence extends to the production of explosives, detergents, pigments, batteries, and plastics, where it is utilized on a large scale. In the petrochemical industry, sulfuric acid finds application in the refining process of gasoline and various other petroleum products, underlining its widespread significance in modern industrial processes.
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