The popular theory is that is it came after an increased crackdown on guns and knives meaning criminals search for an incognito weapon, and once higher ups in the organised crime and semi-organised rings realised the acid's power as away of intimidating rivals it sort of exploded, to the extent it's become copycatted by all sorts of people.
Most of it is male on male, and the victims don't seek prosecution, presumably out of fear of retribution.
Or because they were engaged in illegal activity at the time/going to the police requires admitting to illegal activity, and the police may view the victims' drug dealing/arms dealing/pimping/whatever as being a bigger crime than acid attacks and not guarantee them a deal.