MarketResearch.biz delivers in-depth insights on the global sulfur market in its upcoming report titled, “Global Sulfur Market Trends, Applications, Analysis, Growth, and Forecast to 2026”. The global sulfur market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017 to 2026. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and various trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global sulfur market report has been segmented on the basis of application, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Sulphur is a yellow colored solid, which is insoluble in water, and has a represented by its chemical symbol “S”. It usually exists in a solid state at 20 ̊C. It is a poor conductor of heat and electricity, since it is a non-metal. Two important crystalline forms of a sulphur are rhombic or octahedral (α-sulfur), and monoclinic sulfur (β-sulfur). It is one of the most widely used chemicals worldwide. Sulphur is primarily produced as a byproduct from petroleum as well as natural gas. Sulphur is majorly used in the vulcanization of black rubber. Elemental form of a sulfur is used in the production of black gunpowder, match sticks, insecticides, and fungicides. Around 90% of sulfur extracted, is used to produce sulfur dioxide, which is then converted to sulfuric acid. The majority of the acid is used in the production of phosphate fertilizers, which is an essential component in the provision of food.
Sulfur, being economical, is broadly consumed in production of fertilizer such as calcium sulphate, which is well known fertilizer for preventing nutrient runoff as well as soil erosion. Growing adoption of sulfur in agriculture industry as an important chemical is a major factor driving growth of the global sulfur market currently. In addition, rising demand for sulfur based chemicals in various end use industries such as chemicals, rubber industry, and pharmaceuticals, is another major factor expected to boost growth of the global sulfur market over the forecast period.
However, extraction of sulfur from the mining process is very costly, which is anticipated to hamper growth of the global market. Also, harmful effects of sulfur on human health, such as problems associated with nose and throat is projected to limit growth of the global market.
Currently, market in Asia Pacific is expected to witness rapid growth in terms of revenue in the global sulfur market, owing to growing demand for sulfur based fertilizers, in the region. It is further projected to register a CAGR of X.X% during the forecast period. China is, one of the largest producer of sulfur, worldwide. China is world's leading producer of pyrites, with about 57% of its sulfur in all forms. Also, energy production in China has been increasing in recent decades across the oil & gas sector, leading to a boost in sulfur recovery. Furthermore, fertilizer production consumes about two-thirds of the sulfuric acid used in China.
Global sulfur market segmentation:
- Chemical and Petrochemical Refining
- Metal Processing
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Ohio Sulphur Mining Company
- Freeport-McMoRan Sulphur L.L.C.
- Gulf Sulphur Services Ltd., LLLP
- Merafe Resources Ltd.
- Abu Dhabi National Oil Company
- Chemtrade Logistics Inc.
- China Petroleum & Chemical Corporation
- Enersul Limited Partnership
- Marathon Petroleum Corporation
- Royal Dutch Shell PLC
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