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Sulfur Market Size, Share & Industry Analysis By End-Use Industry (Agro-chemicals, Chemical, Metal, Petroleum, Rubber, Others) Others and Regional Forecast, 2019-2026

Region : Global | Report ID: FBI102143 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Sulfur is a non-metallic chemical element and is one of the most reactive elements. Elemental sulfur is bright yellow and is crystalline solid at room temperature. On Earth, sulfur is usually found in its native form or as sulfide and sulfate minerals. Today almost all of the sulfur is produced as a by-product of removing sulfur contaminants from petroleum and natural gas. Sulfur is largely used in the manufacturing of the sulphuric acid for phosphate and non-phosphate fertilizers.


Key Market Driver -

Rise in demand for fertilizers in plantations

Key Market Restraint -

Harmful effects of sulphur and its derivatives


The key market driver for the global sulfur market is the increasing demand for fertilizers for plantations of oil palm, rubber and sugarcane. About one-third of the world’s total rubber consumption is natural rubber produced at plantations in Thailand, Indonesia, and Malaysia.


Key market restraint for the global sulfur market is the harmful effects of sulfur and its derivatives. Sulfur derivatives such as sulfur dioxide and hydrogen sulfide are known to have effects on the environment as well as humans and animals. Effects such as heart damage, neurological effects, damage to the immune system, effect on eyesight, suffocation, and others, are caused due to excess inhalation and consumption of sulfur and its derivatives.  


Market Segmentation:


Based on end-use industry, the market is segmented into agro-chemicals, chemical, metal, petroleum, rubber, and others.


From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.


Key Players Covered:


Some of the notable companies in global sulfur market are SINOPEC, Oxbow Corporation, Marathon Petroleum Company LLC, Saudi Aramco, GAZPROM, PVS Chemicals, Qatar Petroleum, Abu Dhabi National Oil Company, Tengizchevroil LLP, Chemtrade, and other key players.


Key Insights



  • Key Emerging Trends – For Major Countries

  • Key Developments: Mergers, Acquisition, Partnership, etc.

  • Latest Technological Advancement

  • Insights on Regulatory Scenario

  • Porters Five Forces Analysis


Regional Analysis:


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The global sulfur market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The global sulfur market is dominated by Asia-Pacific region. Growing demand for sulfur in the fertilizer and rubber processing industries from countries like China, India, and others, is contributing towards the dominance of Asia-Pacific. Plantations of oil palm, rubber and sugarcane account for almost 95% of ASEAN fertilizer demand. In North America, increase in the production of metals has significantly increased the consumption of sulphuric acid for leaching of metals from their oxides. In Europe, Germany, the UK, France, Russia, and Italy, have shown moderate growth in sulfur market.


Segmentation


















 ATTRIBUTE


 DETAILS

By End-Use Industry




  • Agro-chemicals

  • Chemical

  • Metal

  • Petroleum

  • Rubber

  • Others



By Geography




  • North America (U.S., Canada)

  • Europe (UK, Germany, France, Italy, Spain, and Rest of Europe)

  • Asia Pacific (Japan, China, India, Southeast Asia, and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, and Rest of Latin America)

  • Middle East & Africa (South Africa, Saudi Arabia, and Rest of Middle East & Africa)



Key Industry Developments



  • In October 2018, Abu Dhabi National Oil Company, installed sulphur remelter at its Shah sulphur granular station to maximize sulphur recovery, otherwise lost during normal transportation.

  • In August 2018, Saudi Aramco, Air products & ACWA power to form over $8 Billion gasification/ power joint venture at Jazan Economic City (JEC). The joint venture will serve Saudi Armaco’s Jazan Refinery & terminal at Jazan Economic City, a mega project that will process heavy & medium crude oil to create LPG, sulphur, asphalt, benzene and add 400,000 barrels per day of refining capacity


Sulfur Market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2019
  • 2016-2018

    CHOOSE LICENSE TYPE

  • 4850
    6850
    8850

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