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The global sulfuric acid market is projected to reach USD 11.10 billion by 2021, at a CAGR of 2.87% during the forecast period. Furthermore, this market is projected to reach 278.33 million tonnes, at a CAGR of 2.20% from 2016 to 2021. Increase in the production of nutrient rich food crops and steady demand for sulfuric acid due to its diversified applications are the key factors driving the global sulfuric acid market. Based on application, the fertilisers segment is estimated to lead the sulfuric acid market during the forecast period. The population across the world is increasing, which leads to a rise in demand for better quality of food crops. With the decrease in hectares of arable land due to rapid industrialization and urbanisation, chemicals such as fertilisers are used by farmers to increase the crop yield. sulfuric acid market

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