Elemental Sulfur Market Estimated To Surge At A CAGR Of About 2.6% During 2024-2032

As per researchers at Zion Market Research, the global Elemental Sulfur Market, estimating its value at USD 12.89 Billion in 2023, with projections indicating that it will reach USD 16.24 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 2.6% over the forecast period 2024-2032. Sulfur is a natural existing multivalent, non-metallic, and tasteless element. The product is normally identified by its yellowish color and is detected in mineral springs, water, gypsum, barite, Epsom salts, iron pyrites, zinc blende and in numerous minerals plus ores. The elemental sulfur is frequently utilized in the production of carbon sulfides, sulfhydryl, sulfites, sulfuric acids, and sulfurous gas. Additionally, sulfur has also been used in manufacturing detergents, fertilizers, insecticides, disinfectants, black gunpowder, pharmaceutical, dyestuffs, etc. A variety of sulfur products are used as additives in a range of scentless gases so as to identify leakage with sulfur’s aroma.

Some of the key players in the market are Montana Sulphur & Chemical, Flint Hills Resources, Oxbow Corporation, Pemex, Motiva Enterprises, OAO Gazprom, Valero Energy Corporation, Jordan Sulphur, Suncor Energy, Royal Dutch Shell, Sinopec, PotashCorp, ConocoPhillips Company, and Abu Dhabi National Oil Company.

Increasing Demand For Product From Fertilizer To Boost The Global Elemental Sulfur Market

The augmenting product demand from the fertilizer segment together with surging product use during rubber vulcanization are few chief aspects stimulating the elemental sulfur market size during the forecasted period. Furthermore, global refineries are increasing their capacities and are implementing various brownfield activities that are projected to set off sulfur demand in the next few years. The rubber vulcanization process for manufacturing uses rubber as the chief ingredient and therefore increasing rubber output is predicted to drive the product demand. Nevertheless, the agrochemical industry persists to remain the primary consumer of sulfur due to its ability to be utilized during manufacturing fertilizers.

The global elemental sulfur market is segmented on the basis of type, application, and regional analysis. Based on the type, the market is divided into gas-based, oil-based, and mining. Based on the applications, the market is divided into petroleum refining, agrochemicals, mining & metallurgy, rubbers & plastics, paper & pulp, and others.

Rising Product Demand Across North America To Boost The Global Elemental Sulfur Market

Based on the geographical analysis, the global elemental sulfur market is divided into Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. The elemental sulfur market across the Asia Pacific region has been budding due to increasing product demand from the rubber and petroleum refining industry. Also, augmenting development in the agricultural segment and surging consumption in mining activities is expected to uplift the entire product demand across the region. The North America region holds a quite high potential for the market owing to rising product demand in the manufacturing of inorganic fertilizers. In addition, sulfur is utilized in metal leaching from oxide ores. Alternatively, the Europe region is likely to witness a larger demand for sulfur and related products owing to its substantial paper & pulp industry.

Browse the full “Elemental Sulfur Market Application (Paper and Pulp, Mining and Metallurgy, Rubber and Plastics, Chemical And Petroleum Refining, Agrochemicals, and Others), and Source (Mining, Oil-Based, and Gas-Based): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024-2032.” Report at https://www.zionmarketresearch.com/report/elemental-sulfur-market

The global elemental sulfur market is segmented as follows:

By type:

• Oil-based
• Gas-based
• Mining

By application:

• Rubbers & Plastics
• Agrochemicals
• Petroleum Refining
• Mining & Metallurgy
• Paper & Pulp
• Others

By region:

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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