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: ETC074569 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Vietnam Sulphuric Acid Market report thoroughly covers the market by raw materials and by applications. The market outlook 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.
Vietnam Sulphuric Acid Market is an integral part of the country's chemical industry and is primarily driven by demand from agriculture, metal processing, chemical production, and wastewater treatment sectors. Sulphuric acid is a highly versatile and essential chemical used in various industrial processes, making it a crucial component in the economic development of the country.
According to 6Wresearch, the Vietnam Sulphuric Acid Market is projected to grow during the forecast period 2025-2031. The country’s rapid industrialization and infrastructure development have led to an increased demand for sulphuric acid in the construction, manufacturing, and metal processing industries. The agriculture sector remains one of the major consumers of sulphuric acid in Vietnam. The growing urban population has led to an increased need for wastewater treatment facilities, driving the demand for sulphuric acid used in water treatment processes. However, stringent environmental regulations are expected to hinder the Vietnam Sulphuric Acid Market Growth and sulphuric acid manufacturers in terms of compliance and investment in cleaner and more sustainable production processes. Nevertheless, there is a growing trend towards sustainable and eco-friendly production methods in the chemical industry, including sulphuric acid manufacturing. Companies are exploring cleaner production processes and technologies to reduce environmental impact. Advancements in technology are improving sulphuric acid production efficiency, helping manufacturers optimize their processes and reduce production costs. With a growing demand for sulphuric acid in neighboring countries, the manufacturers of Vietnam explore export opportunities, leading to further market expansion.
The COVID-19 pandemic had adverse effects on economies and industries worldwide, including Vietnam Sulphuric Acid Market. The demand for sulphuric acid has been affected by the slowdown in various industrial activities during lockdowns and restrictions. Industries such as automotive, construction, and manufacturing, which are significant consumers of sulphuric acid, have experienced reduced operations, leading to decreased demand for the chemical.
The Vietnam Sulphuric Acid Industry typically includes local and international players engaged in the production and distribution of sulphuric acid. Some of the prominent players include:
The future of the Vietnam Sulphuric Acid Market is likely to be positive with the country’s growing industrialization and infrastructure development which could boost the demand for sulphuric acid in the construction and manufacturing sectors. As the country continues to attract foreign investment and improve its manufacturing capabilities, the market is expected to witness growth over the years. The agriculture, metal processing, and chemical production industries heavily rely on sulphuric acid, and growth in these sectors drives the market forward. However, geopolitical developments, changes in international trade dynamics, and environmental regulations are further influencing the future of the Vietnam Sulphuric Acid Market Size.
According to Shivankar, Research Manager, 6Wresearch, Elemental sulfur is predicted to dominate the Vietnam Sulphuric Acid Market Share backed by the abundant availability of sulfur resources and its relative cost-effectiveness.
The report offers a comprehensive study of the subsequent market segments:
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 Vietnam Sulphuric Acid Market Overview |
3.1 Vietnam Sulphuric Acid Market Revenues & Volume, 2021 & 2031F |
3.2 Vietnam Sulphuric Acid Market - Industry Life Cycle |
3.3 Vietnam Sulphuric Acid Market - Porter's Five Forces |
3.4 Vietnam Sulphuric Acid Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.5 Vietnam Sulphuric Acid Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Vietnam Sulphuric Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Sulphuric Acid Market Trends |
6 Vietnam Sulphuric Acid Market Segmentation |
6.1 Vietnam Sulphuric Acid Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Sulphuric Acid Market Revenues & Volume, By Raw Material, 2021 - 2031F |
6.1.3 Vietnam Sulphuric Acid Market Revenues & Volume, By Elemental sulfur, 2021 - 2031F |
6.1.4 Vietnam Sulphuric Acid Market Revenues & Volume, By Base metal smelters, 2021 - 2031F |
6.1.5 Vietnam Sulphuric Acid Market Revenues & Volume, By Pyrite ore, 2021 - 2031F |
6.1.6 Vietnam Sulphuric Acid Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Vietnam Sulphuric Acid Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Sulphuric Acid Market Revenues & Volume, By Fertilizers, 2021 - 2031F |
6.2.3 Vietnam Sulphuric Acid Market Revenues & Volume, By Chemical manufacturing, 2021 - 2031F |
6.2.4 Vietnam Sulphuric Acid Market Revenues & Volume, By Metal processing, 2021 - 2031F |
6.2.5 Vietnam Sulphuric Acid Market Revenues & Volume, By Petroleum refining, 2021 - 2031F |
6.2.6 Vietnam Sulphuric Acid Market Revenues & Volume, By Textile industry, 2021 - 2031F |
6.2.7 Vietnam Sulphuric Acid Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.2.8 Vietnam Sulphuric Acid Market Revenues & Volume, By Others, 2021 - 2031F |
6.2.9 Vietnam Sulphuric Acid Market Revenues & Volume, By Others, 2021 - 2031F |
7 Vietnam Sulphuric Acid Market Import-Export Trade Statistics |
7.1 Vietnam Sulphuric Acid Market Export to Major Countries |
7.2 Vietnam Sulphuric Acid Market Imports from Major Countries |
8 Vietnam Sulphuric Acid Market Key Performance Indicators |
9 Vietnam Sulphuric Acid Market - Opportunity Assessment |
9.1 Vietnam Sulphuric Acid Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Vietnam Sulphuric Acid Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Vietnam Sulphuric Acid Market - Competitive Landscape |
10.1 Vietnam Sulphuric Acid Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Sulphuric Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |