Global Oleum Market Expected to Achieve Strong Growth Driven by Expanding Chemical and Industrial Applications

The global Oleum market is experiencing steady growth, supported by increasing demand across chemical production, pharmaceutical manufacturing, metal processing, and industrial cleaning applications. According to Market Intelo’s latest analysis, the Oleum market was valued at USD 6.42 billion in 2024 and is projected to expand to USD 9.87 billion by 2032, registering a CAGR of 5.6% during the forecast period. Oleum’s vital role as a sulfonating agent and intermediate in sulfuric acid-based reactions continues to fuel its widespread adoption across global industries.

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