Market Forecast By Raw Material (Elemental sulfur, Base metal smelters, Pyrite ore, Others), By Applications (Fertilizers, Chemical manufacturing, Metal processing, Petroleum refining, Textile industry, Automotive, Paper & pulp, Others) And Competitive Landscape
Product Code: ETC074563 | Publication Date: Aug 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India sulphuric acid market import shipments witnessed robust growth with a notable CAGR from 2020 to 2024. Although the growth rate slightly moderated between 2023 and 2024, the overall trend indicates a sustained expansion, showcasing market resilience and increasing demand.
The India Sulphuric Acid Market report thoroughly covers the market by Raw Material, and by Applications. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The India Sulphuric Acid Market is expanding, influenced by the rising demand in various applications and the influence of local production capacity. This market includes a range of raw materials and applications catering to a wide array of industrial sectors. As the Indian economy continues to evolve, the Sulphuric Acid industry has become a critical part of both local and international markets, supporting industries like fertilizers, chemical manufacturing, metal processing, and others with essential chemical substances.
According to 6Wresearch, the India Sulphuric Acid Market revenue is projected to grow at a significant CAGR of 7% during the forecast period 2025-2031. The growth of India’s sulphuric acid market is driven by rapid industrialization, advancements in manufacturing technologies, and the growing need for high-quality industrial chemicals. The increasing demand for fertilizers to support agriculture, coupled with the expansion of metal processing and petroleum refining industries, is shaping the market. As industries seek reliable and efficient solutions, the demand for sulphuric acid continues to rise. Furthermore, the emphasis on sustainable manufacturing practices is expected to drive innovation and create new growth opportunities in the market, further boosting India Sulphuric Acid Market growth. Despite growth, the market faces challenges such as managing environmental concerns associated with sulphuric acid production, addressing fluctuating raw material costs, and maintaining consistent quality standards. However, regulatory support and technological advancements are expected to mitigate these challenges.
The India sulphuric acid market is experiencing notable growth, driven by factors such as industrial expansion, increased demand for fertilizers, and advancements in chemical manufacturing. Fertilizer production remains the dominant application, accounting for a significant portion of sulphuric acid consumption. Additionally, there is a growing trend towards sustainable and energy-efficient production processes to reduce environmental impact. Industries are increasingly focusing on recycling and reusing by-products to enhance cost-effectiveness and sustainability.
Advanced Production Technologies: Investing in technologies that enhance the efficiency and sustainability of sulphuric acid production can provide a competitive edge. This includes adopting energy recovery systems and pollution control measures.
Expansion of Fertilizer Production: With the increasing demand for fertilizers, expanding production facilities and investing in high-quality sulphuric acid manufacturing can offer significant growth opportunities.
Research and Development: R&D initiatives focused on improving product quality, reducing production costs, and developing sustainable solutions can drive market innovation.
In the India sulphuric acid market, leading players include both international and local manufacturers catering to diverse industrial applications. Prominent companies such as Gujarat Alkalies and Chemicals Limited (GACL), Hindustan Zinc Limited, and Coromandel International Limited dominate the market, offering high-quality and reliable products. These players are actively investing in advanced technologies and expanding their production capacities to meet growing demand.
The India sulphuric acid market is significantly affected by stringent government regulations aimed at managing environmental concerns and ensuring safe handling and storage of the chemical. Policies, such as those under the Environmental Protection Act, mandate industries to adhere to strict emission limits and proper waste management protocols to minimize environmental harm. These regulations have encouraged companies to adopt technological advancements to boost efficiency while complying with safety standards. Furthermore, the government has imposed restrictions on exporting sulphuric acid to control its domestic supply, ensuring market stability.
The Indian sulphuric acid market is expected to grow steadily in the coming years due to rising demand from various industries such as fertilizers, chemicals, and metals. The country's favorable agricultural conditions are also set to drive the growth of sulfur-based fertilizers, further boosting demand for sulphuric acid. Additionally, with increasing investments in infrastructure and construction projects, there is a growing need for industrial acids like sulphuric acid. However, strict environmental regulations and sustainability concerns will continue to shape the industry's future trajectory.
The report offers a comprehensive study of the subsequent market segments and their leading categories
According to Ravi Bhandari, Research Head, 6Wresearch, the elemental sulfur sector is projected to dominate due to its high-volume demand. However, other raw materials such as base metal smelters and pyrite ore are also expected to contribute significantly to the market due to their widespread use in the production of sulphuric acid.
In India’s sulphuric acid market, fertilisers sector dominates. This is due to high consumer preference for increased agricultural productivity, supported by the use of sulphuric acid in the production of various types of fertilisers.
The market report has been segmented and sub segmented into the following categories:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Sulphuric Acid Market Overview |
3.1 India Sulphuric Acid Market Revenues & Volume, 2021 - 2031F |
3.2 India Sulphuric Acid Market - Industry Life Cycle |
3.3 India Sulphuric Acid Market - Porter's Five Forces |
3.4 India Sulphuric Acid Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.5 India Sulphuric Acid Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 India Sulphuric Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the chemical industry in India leading to increased demand for sulphuric acid |
4.2.2 Expansion of the agriculture sector, particularly for fertilizers which use sulphuric acid in production |
4.2.3 Rising demand for batteries in the automotive sector, where sulphuric acid is a key component |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of sulphuric acid |
4.3.2 Stringent environmental regulations affecting the production and usage of sulphuric acid |
4.3.3 Competition from alternative products in certain industries |
5 India Sulphuric Acid Market Trends |
6 India Sulphuric Acid Market Segmentation |
6.1 India Sulphuric Acid Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 India Sulphuric Acid Market Revenues & Volume, By Raw Material, 2021 - 2031F |
6.1.3 India Sulphuric Acid Market Revenues & Volume, By Elemental sulfur, 2021 - 2031F |
6.1.4 India Sulphuric Acid Market Revenues & Volume, By Base metal smelters, 2021 - 2031F |
6.1.5 India Sulphuric Acid Market Revenues & Volume, By Pyrite ore, 2021 - 2031F |
6.1.6 India Sulphuric Acid Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 India Sulphuric Acid Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 India Sulphuric Acid Market Revenues & Volume, By Fertilizers, 2021 - 2031F |
6.2.3 India Sulphuric Acid Market Revenues & Volume, By Chemical manufacturing, 2021 - 2031F |
6.2.4 India Sulphuric Acid Market Revenues & Volume, By Metal processing, 2021 - 2031F |
6.2.5 India Sulphuric Acid Market Revenues & Volume, By Petroleum refining, 2021 - 2031F |
6.2.6 India Sulphuric Acid Market Revenues & Volume, By Textile industry, 2021 - 2031F |
6.2.7 India Sulphuric Acid Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.2.8 India Sulphuric Acid Market Revenues & Volume, By Others, 2021 - 2031F |
6.2.9 India Sulphuric Acid Market Revenues & Volume, By Others, 2021 - 2031F |
7 India Sulphuric Acid Market Import-Export Trade Statistics |
7.1 India Sulphuric Acid Market Export to Major Countries |
7.2 India Sulphuric Acid Market Imports from Major Countries |
8 India Sulphuric Acid Market Key Performance Indicators |
8.1 Capacity utilization rate of sulphuric acid production facilities |
8.2 Adoption rate of sulphuric acid in new applications or industries |
8.3 Efficiency of sulphuric acid production processes |
9 India Sulphuric Acid Market - Opportunity Assessment |
9.1 India Sulphuric Acid Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 India Sulphuric Acid Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 India Sulphuric Acid Market - Competitive Landscape |
10.1 India Sulphuric Acid Market Revenue Share, By Companies, 2024 |
10.2 India Sulphuric Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |