The global demand for Elemental Sulphur Market is presumed to reach the market size of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period of 2021 - 2027. Regarding volume, the market was calculated XX K MT in 2020 and forecast to touch XX K MT by 2027 with a CAGR of XX% during 2021-2027.
Elemental sulfur is a crystalline solid that is yellow, inert, and insoluble in water. It is stored commercially in the open, unaffected by moisture and temperature variations. It's used to make black gunpowder, pesticides, detergents, disinfectants, fertilizers, dyestuffs, and pharmaceuticals, etc. It is widely accepted that elemental sulphur can reduce soil pH and reclaim sodic soils. The usage of elemental sulphur as a sulphur fertilizer source has increased considerably in agriculture due to the limited production and availability of alternative sulfur-containing fertilizer sources. The most concentrated sulfur carrier is elemental sulfur-based fertilizers.
The global elemental sulfur market is primarily driven by rising demand for elemental sulfur from end-use sectors such as petroleum refining and rubber manufacturing firms. Furthermore, the increased use of elemental sulfur in mining activities drives the market. The agrochemical industry has the largest growth potential in the global elemental sulphur market. It entails using elemental sulphur in phosphate-based fertilizer production, which is predicted to grow tremendously due to increased demand from rising economies. Due to increasing industrialization worldwide, the elemental sulphur market will continue to grow. Other drivers of the global elemental sulphur market include increasing investments by key companies in developing economies. However, the global elemental sulfur market may be hampered by the high costs of sulfur mining and stringent regulations regulating sulfur utilization.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of elemental sulphur. The growth and trends of Elemental Sulphur Industry provide a holistic approach to this study.
This section of the elemental sulphur market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
- Natural Gas
- Crude Oil
- Sulfuric Acid (Fertilizers Field)
- Sulfuric Acid (Metal Manufacturing Field)
- Chemical Processing
This section covers the regional outlook, which accentuates current and future demand for the Elemental Sulphur market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Elemental Sulphur Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the elemental sulphur market include Saudi Aramco, Gazprom, Abu Dhabi National Oil Company (ADNOC), Canadian Natural Resources, Tengizchevroil, Shell, Qatar Petrochemical Company (QAPCO), Kuwait Petroleum Corporation, NPC, Suncor Energy, Egyptian General Petroleum Corporation, Pemex, Freeport-McMoRan, Indian Oil Corporation, Petrobras, Petroliam Nasional Berhad, Sinopec, CNPC, Sinochem. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
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