Global Insoluble Sulfur Market Competitive Landscape, Top Market Segments, And Fastest Growing Regions
15 Jun, 2023
The global insoluble sulfur market size is expected to grow from $0.97 billion in 2022 to $1.03 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The global insoluble sulfur market size is expected to reach $1.24 billion in 2027 at a CAGR of 4.8%.
Global Insoluble Sulfur Market Key Driver
The growing quantity of on-road vehicles is likely to drive the insoluble sulphur industry ahead. An on-road vehicle is a self-propelled automobile designed for use on a road. Insoluble sulphur is a crucial raw material for tyre manufacture since it improves tyre quality, wearability, and resistance to ageing and fatigue; thus, the growing number of on-road vehicles is predicted to enhance the insoluble sulphur market.
Get a sample of the global insoluble sulfur market reportGlobal Insoluble Sulfur Market Segments
The global insoluble sulfur market is segmented:
1) By Product: Non-Oil-Filled Insoluble Sulfur, Oil-Filled Insoluble Sulfur
2) By Grade: Regular Grades, High Dispersion Grades, High Stability Grades, Special Grades
3) By Application: Tire Manufacturing, Footwear, Industrial Application, Cable And Wire, Pipe, Other Applications
4) By End-User: Automotive, Medical, Consumer Goods, Other End-Users
5) By Geography: The regions covered in the insoluble sulfur market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, Asia-Pacific accounts for the largest share in the global insoluble sulfur market.
Major Insoluble Sulfur Industry Players
Eastman Chemical Company, Nynas AB, Oriental Carbon and Chemicals Limited, Lions Industries s.r.o, Shikoku Chemical Industry Co. Ltd., Henan Kailun Chemical Co. Ltd., Luoyang Sunrise Industrial Co. Ltd., Sennics Co. Ltd., Weifang Jiahong Chemical Co. Ltd., China Sunsine Chemical Holdings Limited, Shanghai Shangyi Chemical Technology Company, Grupa Azoty S.A., Willing New Materials Technology Co. Ltd., Changde Dingyuan Chemical Industrial Limited, Leader Technologies Co. Ltd
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Insoluble Sulfur Market Overview
Insoluble sulfur refers to a form of sulfur that cannot dissolve in carbon disulfide. It allows more solid adhesion of the rubber, prevents the rubber from breaking apart, and improves resistance to heat and tire wear.
Insoluble Sulfur Global Market Report 2023 provides data on the global insoluble sulfur market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The insoluble sulfur market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.