Product Code: ETC191197 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Thailand Sulfuric Acid Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 4.25% in 2025, growth builds up to 16.72% by 2029.
By 2027, the Sulfuric Acid market in Thailand is anticipated to reach a growth rate of 6.58%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The sulfuric acid market in Thailand was valued at USD 129 million in 2018 and is projected to reach USD 143 million, registering a CAGR of 2.2% during the forecast period. The major factor driving this growth includes the use of sulfuric acid for various applications such as chemical manufacturing, metal finishing, fertilizer production, water treatment, and others. Additionally, the increasing demand for battery grade sulfuric acid from automotive industries has been fuelling this growth further.
In the Thailand sulfuric acid market, the strong demand from industries such as chemicals, fertilizers, and metals processing continues to drive growth. Sulfuric acid is a key component in various industrial processes, contributing to the production of essential products like fertilizers, batteries, and detergents.
The sulfuric acid market in Thailand encounters challenges related to environmental regulations and emissions control. Stricter regulations aimed at reducing air pollutants and sulfur dioxide emissions necessitate investments in cleaner production processes and technologies.
The pandemic impacted industrial activities and construction projects, leading to fluctuations in demand for sulfuric acid, a crucial chemical used in various industries. Supply chain disruptions and reduced production contributed to occasional shortages and price fluctuations.
In the Thailand sulfuric acid market, companies like Thai Central Chemical Public Co., Ltd., are integral to the production and supply of sulfuric acid, a key chemical used in various industries such as agriculture, manufacturing, and mining.
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 Thailand Sulfuric Acid Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Sulfuric Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Sulfuric Acid Market - Industry Life Cycle |
3.4 Thailand Sulfuric Acid Market - Porter's Five Forces |
3.5 Thailand Sulfuric Acid Market Revenues & Volume Share, By Raw Material Type, 2021 & 2031F |
3.6 Thailand Sulfuric Acid Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Thailand Sulfuric Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand from industries such as agriculture, chemicals, and mining |
4.2.2 Growth in the production of phosphate fertilizers |
4.2.3 Government initiatives promoting industrial development and infrastructure projects |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as sulfur and energy |
4.3.2 Environmental regulations concerning emissions and waste disposal |
4.3.3 Competition from alternative products or substitutes |
5 Thailand Sulfuric Acid Market Trends |
6 Thailand Sulfuric Acid Market, By Types |
6.1 Thailand Sulfuric Acid Market, By Raw Material Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Sulfuric Acid Market Revenues & Volume, By Raw Material Type, 2021-2031F |
6.1.3 Thailand Sulfuric Acid Market Revenues & Volume, By Elemental Sulfur, 2021-2031F |
6.1.4 Thailand Sulfuric Acid Market Revenues & Volume, By Pyrite Ore, 2021-2031F |
6.1.5 Thailand Sulfuric Acid Market Revenues & Volume, By Other Raw Materials (Base Metal Smelters), 2021-2031F |
6.2 Thailand Sulfuric Acid Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Thailand Sulfuric Acid Market Revenues & Volume, By Fertilizer, 2021-2031F |
6.2.3 Thailand Sulfuric Acid Market Revenues & Volume, By Chemical & Pharmaceutical, 2021-2031F |
6.2.4 Thailand Sulfuric Acid Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.5 Thailand Sulfuric Acid Market Revenues & Volume, By Petroleum Refining, 2021-2031F |
6.2.6 Thailand Sulfuric Acid Market Revenues & Volume, By Other End-user Industries (Pulp & Paper, Metal Processing), 2021-2031F |
7 Thailand Sulfuric Acid Market Import-Export Trade Statistics |
7.1 Thailand Sulfuric Acid Market Export to Major Countries |
7.2 Thailand Sulfuric Acid Market Imports from Major Countries |
8 Thailand Sulfuric Acid Market Key Performance Indicators |
8.1 Capacity utilization rates of sulfuric acid plants in Thailand |
8.2 Price trends of key raw materials like sulfur and energy |
8.3 Export/import volume and trends of sulfuric acid in Thailand |
9 Thailand Sulfuric Acid Market - Opportunity Assessment |
9.1 Thailand Sulfuric Acid Market Opportunity Assessment, By Raw Material Type, 2021 & 2031F |
9.2 Thailand Sulfuric Acid Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Thailand Sulfuric Acid Market - Competitive Landscape |
10.1 Thailand Sulfuric Acid Market Revenue Share, By Companies, 2024 |
10.2 Thailand Sulfuric Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |