This market study analyzes the production cost of sulfuric acid, one of the most widely used chemicals in the world. The report examines the factors that impact the cost of producing sulfuric acids, such as raw material prices, energy costs, labor expenses, and capital investments. It also provides insights into the market trends, key players, and growth opportunities in the sulfuric acid industry. To get more information stay with Online Idea.
Sulfuric Acid Market Overview
Sulfuric acid (H2SO4) is a strong mineral acid containing elements like sulfur, oxygen, and hydrogen. It is a dense, oily, reactive, and corrosive (to metals and tissue) liquid. It appears to be colorless to slightly yellow liquid. Water-soluble with the release of heat. It has a molecular weight/ molar mass of 98.079 g/mol and a density of 1.84 g/cm³. Its respective boiling and melting points are 337 °C and 10 °C. Moreover, it has a strong reactivity that can even burn organic materials.
Various industries use sulfuric acid for a wide range of applications, including the manufacturing of dyes, fertilizers, pigments, drugs, detergents, explosives, and inorganic acids and salts, as well as petroleum refining and metallurgical processes. The automotive industry uses it as an electrolyte in lead-acid storage batteries for cars and trucks. Additionally, it is used in the production of phosphoric acid, which is used to prepare phosphate fertilizers.
In Pharmaceuticals, it has application as a solvent for the chemical synthesis of various chemical substances, like active pharmaceutical ingredients. Furthermore, it is also present in gas for CEMS samples.
The pulp and paper industry uses acid to generate chlorine dioxide on-site, which is an environmentally friendly bleaching agent.
In water treatment, people use acid to adjust the pH level of wastewater to normal.
Manufacturers use acid to produce cellulose fibers like rayon fiber, disinfectants, and coloring agents.
Also, it finds use in the regeneration of ion exchange resins, usually used to regenerate strong acid cation resins.
Sulfuric Acid Production Processes
Tail Gas Using H2O2 Abatement
The process of producing sulfuric acid involves using hydrogen peroxide abatement for tail gas purification. The method for oxidizing sulfur dioxide into sulfuric involves contacting SO2 with an aqueous scrubbing solution of sulfuric containing hydrogen peroxide in a gas-liquid contacting device. During the actual contracting process, the liquid scrubbing phase is converted into the continuous phase. In the process, the scrubbing solution’s acid concentration can go up to 99 per cent + by weight H2SO4. The manufacturing of Sulfuric requires the vital process of reducing sulfur dioxide from waste gases and getting rid of SO2 from other stack gases to ease pollution. Next, the hydrogen peroxide oxidizes the sulfur dioxide to H2SO4.
Sulfur via Single Contact Process
Sulfuric Acid Production from Sulphur via Single Contact Process: In the single contact process, the production of sulfuric involves burning sulfur to form sulfur dioxide. Then, the sulfur dioxide is converted into sulfur trioxide, which is absorbed in water with recirculating sulfuric solution in a single column to form sulfuric acid.
Sulfur via Double Contact Process
In the double contact process for sulfuric production, the process itself burns sulfur to produce sulfur dioxide, and then it converts the sulfur dioxide to sulfur trioxide. After that, the DC/DA process converts sulfur trioxide into sulfuric using a highly concentrated sulfuric acid solution in water.
Spent Acid via Double Contact Process
In the Double Contact Process, we use it to produce sulfuric from spent acid and regenerate spent sulfuric acid from alkylation and decomposition of spent acid. The furnace decomposes the spent acid, producing sulfur dioxide. I would need more context to accurately rewrite the sentences in active voice. Please provide me with the original sentences so that I can help you better. Last, the sulfur dioxide-containing gas undergoes purification and is then fed into a double-contact double, absorption process to produce Sulfuric Acid.
Iron Pyrite Gases
In this process, the treatment of iron pyrite gas converts its sulfur dioxide into sulfur trioxide. Then, the sulfur trioxide undergoes double-contact double absorption to produce Sulfuric Acid from the gas.
H2S Gases via Wet Sulfuric Acid Process
The Wet Sulfuric Acid process produces Sulfuric from hydrogen sulfide gases by burning the hydrogen sulfide contained in the feed gas, which creates sulfur dioxide and water. Then, the process transforms sulfur dioxide into sulfur trioxide and chills it until it reacts with water in the gas phase to form Sulfuric. Finally, the process condenses and concentrates the Sulfuric to approximately 98 wt%.
The Leading Market Players Contributing to the Sulfuric Acid Production Cost
- BASF SE
- INEOS Sulphur Chemicals (INEOS Capital Limited)
- The Mosaic Company
- Saudi Arabian Mining Company (Ma’aden)
- Agrium U.S. Inc. (Nutrien Ltd.)
- Zhejiang Jiahua Energy Chemical Industry Co. Ltd.
The Sulfuric Acid Price Trend Movement
North America
Recently, the Sulfuric Acid market value progressed in a southward direction, with prices hitting their lowest during the end. In the downstream fertilizer industry, there was a drop that led to a significant withdrawal from the bulk Chemicals industry, which is among the only factor for the decline in Sulfuric Acid prices. This dip in the prices was modest, according to market players. The product’s demand de-escalation from the fertilizers and dyestuff sectors impacted the product’s price in the US domestic market. Experts in the market see the Sulfuric industry in America as pessimistic, anticipating prolonged growth rates to be at an all-time low.
Asia
Restricted order support in the Asian market caused a swift drop in the price of sulfuric acid. Firms producing Sulphur slowly lowered their prices to steady the feedstock supply and fulfill the available demand. The continuous decline in crude oil prices negatively affected the cost support. Frail demand, oversupply, and lowering spot prices abroad supported the low pricing trend of the product in the domestic market. The downstream fertilizer market kept uniform levels of consumption. Whilst the construction and automobile sectors held the volume intakes on the lower end.
Europe
At present, the Sulfuric Acid market value dropped in the European market. The Sulfuric inventories kept increasing in the supplier’s and trader’s standard stock because of lower consumption in the domestic market. The driving factor responsible for the downward Sulfuric business prices. It has been a gloomy outlook for investors for the automotive manufacturing sector for the rest of the period. The decline in feedstock Sulphur cost amidst falling prices of crude oil propelled a major interruption in production. The Sulfuric Acid production rate was reduced further amidst bearish product demand.
The Sulfuric market is witnessing immense growth due to its range of applications across many industries. Making its procurement vital. In this post, various market aspects have been covered. Especially the supply-demand analysis, which provides the key players with an in-depth market analysis.
Conclusion
The production cost of sulfuric acid can be influenced by a variety of factors, and a market study would likely find that costs can vary widely depending on a number of variables.