Key Highlights The market reached USD 41.89 billion in 2025, giving producers scale. It is expected to reach USD 54.39 billion by 2032 at a 3.8% CAGR, pointing to steady expansion. More than 55% of total H₂SO₄ output is used for phosphoric acid manufacturing, linking acid demand directly to phosphate fertilizers. Asia Pacific led the market in 2025, supported by fertilizer, metal...