Procurement Resource Assesses The Production Cost Of Sulphuric Acid (H2SO4) In I

Procurement Resource Assesses The Production Cost Of Sulphuric Acid (H2SO4) In I

The comprehensive report analyses the production cost of the material, covering the raw material costs and co-product credit

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The new report by Procurement Resource, a global procurement research and consulting firm, looks in-depth into the costs involved in the production of sulphuric acid (H2SO4). The comprehensive report analyses the production cost of the material, covering the raw material costs and co-product credit, equipment costs, land and site costs, labour wages, maintenance costs, financing charges, and the depreciation costs. The extensive study describes the step wise consumption of material and utilities along with a detailed process flow diagram. The report also assesses the latest developments within the sulphuric acid (H2SO4) industry that might influence the costs of production, looking into the capacity expansions, plant turnarounds, and mergers, acquisitions, and investments.

Download a free sample of the production cost of sulphuric acid from wet sulphuric acid process and many more@

Sulphuric acid (H2SO4) is a slightly yellow viscous liquid with a pungent odour. It is mainly used in the industrial sector and has a number of large scale uses, such as in water treatment, in the production of phosphoric acid, as a component of lead storage batteries, as a pickling agent for iron and steel, in the production of textile fibres, detergents, fertilisers, and in the manufacture of various other chemicals. It has a boiling point of 337°C and a melting point of 10°C.

The Asia Pacific region has proven to be one of the largest markets for sulphuric acid (H2SO4) in terms of both value and volume. China is a leading market for sulphuric acid and has accounted for a major share in the market. Post-COVID, the producers in South Korea were reportedly sold out until August and September 2020. In Europe, the downstream draw from the automotive and chemical sector was notably weak, but the fertilizer industry bolstered the demand for H2SO4. The European sulphuric acid market saw many swings in the purchasing patterns of consumers during the lockdown. In the United States, the sulphuric acid (H2SO4) industry witnessed a tightened supply due to reduced feedstock production, coupled with decreased smelter production at Kennecott, but the varying demand from industries like agriculture, water treatment, and paper sector throughout the country stabilized the sulphuric acid (H2SO4) market. Due to the increasing population of the world and the increasing need for good quality food crops, the fertiliser industry is likely to show improvement in the coming years, thus, positively affecting the H2SO4 industry. These factors are expected to influence the production cost of sulphuric acid.

Read the full production cost analysis report of sulphuric acid@

The production cost report by Procurement Resource assesses the production of sulphuric acid (H2SO4) via double contact process, via single contact process, via wet sulphuric acid process, and via tail gas using H2O2 abatement. The double contact process is one of the most widely used sulphuric acid production processes. In this process, sulphur dioxide is formed by burning sulphur. The sulphur oxide, thus, formed is further converted to sulphur trioxide. Sulphur trioxide is then converted into sulphuric acid through the use of a double contact double absorption process. The process produces a high concentration of sulphuric acid solution in water.

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Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertake extensive research to provide our customers with the latest and up-to-date market reports, cost-models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele. We work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. We also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with the updated and reliable data. We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate, so that they can form strategies which ensure their optimum growth.

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