The global insoluble sulfur market, valued at US$ 875.84 Mn in 2022, is poised for significant growth, with projections indicating a rise to US$ 1,346.49 Mn by 2030. This growth reflects a CAGR of 5.64%. In terms of volume, the market accounted for 519,014.23 metric tons in 2022.Global Insoluble Sulfur Market: On the Rise to US$ 1.34 Bn by 2030
Growth Influencers:
The market's growth is predominantly driven by the increasing number of on-road vehicles and the rising demand for insoluble sulfur across various applications. Insoluble sulfur is integral in enhancing the durability and performance of rubber products, making it crucial in tire manufacturing and other rubber-based industries. However, the market faces challenges due to the volatility in raw material prices, which could affect production costs and market stability.Segment Overview:
The market is segmented into categories (organic and inorganic), grades, and applications.By Category
- Organic
- Inorganic
By Grade
- Regular Grades
- High Stability Grades
- Special Grades
By Application
- Tire Manufacturing
- Footwear
- Rubber Pipe
- Cable And Wire Insulating Materials
- Latex
- Rubber Belt
- Others
Regional Overview:
On the basis of region market has been divided into, North America, Europe, Asia Pacific, MEA, and South America.North America
- US
- Canada
- Mexico
Europe
- Western Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- South Korea
- ASEAN
- Rest of APAC
- MEA
- Saudi Arabia
- South Africa
- UAE
- Rest of MEA
South America
- Argentina
- Brazil
- Rest of South America
Company Profile:
The market is characterized by the presence of leading players, with the top five companies accounting for about 55% of the market share. These include Oriental Carbon & Chemical Ltd, Flexsys, Henan Kailun Chemical Co., Ltd., Leader Technologies Co., Ltd, and others. These companies play a pivotal role in market developments through strategic initiatives and innovations.Value Addition:
The report also provides valuable insights into the EXIM data of rubber, highlighting the top exporters and importers of rubber globally, which is critical in understanding market trends and opportunities.Report Insights:
- The global insoluble sulfur market is projected to reach US$ 1,346.49 Mn by 2030.
- The inorganic category and regular grades are significant contributors to market growth.
- Tire manufacturing is a key application area driving demand.
- Asia Pacific's market leadership is underpinned by its robust automotive and manufacturing industries.
Questions to be Answered:
- What are the key drivers and challenges in the insoluble sulfur market?
- How are different market segments contributing to growth?
- Which regions are leading in the global insoluble sulfur market?
- What role do major companies play in shaping market trends?
Table of Contents
Chapter 1. Research Framework
Chapter 2. Research Methodology
Chapter 4. Global Insoluble Sulfur Market Overview
Chapter 5. Global Insoluble Sulfur Market Analysis, By Category
Chapter 6. Global Insoluble Sulfur Market Analysis, By Grade
Chapter 7. Global Insoluble Sulfur Market Analysis, By Application
Chapter 8. Global Insoluble Sulfur Market Analysis, By Region
Chapter 9. North America Insoluble Sulfur Market Analysis
Chapter 10. Asia Pacific Insoluble Sulfur Market Analysis
Chapter 11. Europe Insoluble Sulfur Market Analysis
Chapter 12. Middle East & Africa Insoluble Sulfur Market Analysis
Chapter 13. South America Insoluble Sulfur Market Analysis
Chapter 14. The U.S. Insoluble Sulfur Market Analysis
Chapter 15. China Insoluble Sulfur Market Analysis
Chapter 16. Company Profile (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Business Strategy Outlook)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Oriental Carbon & Chemical Ltd
- Flexsys
- Henan Kailun Chemical Co., Ltd.
- Leader Technologies Co., Ltd
- LIONS INDUSTRIES, s.r.o.
- Luoyang Sunrise Industrial
- Nynas AB
- Sennics Co. Ltd.
- Shanghai Shangyi Chemical Technology Co. Ltd.
- Shikoku Chemicals Corporation
- Weifang Jiahong Chemical Co. Ltd.
- China Sunsine Chemical Holdings
- Willing New Materials Technology Co., Ltd.
- Shandong Yanggu Huatai Chemical Co., Ltd.
- Eastman Chemical Company
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 234 |
Published | November 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 875.84 Million |
Forecasted Market Value ( USD | $ 1346.49 Million |
Compound Annual Growth Rate | 5.6% |
Regions Covered | Global |