Global Sulfur Market Analysis, Growth, Trends & Forecasts 2018-2023 - ResearchAndMarkets.com
The "Global
Sulfur Market - Segmented by End-user Industry, and Geography - Growth,
Trends and Forecasts (2018-2023)" report has been added to ResearchAndMarkets.com's
offering.
The Sulfur Market is expected to register a CAGR of 3.2% during the
forecast period, 2018-2023.
About 90% of sulfur produced or extracted is used to make sulfur
dioxide, which is then converted to sulfuric acid. The majority of this
acid is used in the production of phosphate fertilizers, a crucial
component in the provision of food in the world. To increase the
agricultural output in the developing countries of the Asia-Pacific
region there is an increase in the demand for sulfuric acid. The
increase in the global demand for nylon and titanium dioxide is also
boosting the consumption of sulfuric acid as a raw material.
China is the second- largest producer of sulfur in all forms, globally.
China is the world's leading producer of pyrites, with about 57% of its
sulfur in all forms coming from that source. The country is the leading
sulfur importer, representing about 35% of the global imports, the bulk
of which is used to manufacture sulfuric acid. Energy production in
China has been rising in recent decades across the oil & gas sector,
leading to a boost in the domestic sulfur recovery. Furthermore, the
fertilizer production consumes about two-thirds of the sulfuric acid
used in China.
Companies Mentioned
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Abu Dhabi National Oil Company
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Chemtrade Logistics
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Enersul Limited
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Marathon Petroleum Company LLC
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National Est. For Agricultural and Industrial Sulphur
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OAO Gazprom
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Oxbow Carbon LLC
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PVS Chemicals Inc.
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Qatar International Petroleum Marketing Company Ltd.
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Royal Dutch Shell PLC
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Sinopec Corp.
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Sinopec Guangzhou Petrochemical
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Tengizchevroil LLP
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The Saudi Arabian Oil Company
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Tianjin Petrochemical
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Valero Energy Corporation
Key Topics Covered:
1. Introduction
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Future of the Market
8. Competitive Landscape
9. Company Profiles
10. Disclaimer
For more information about this report visit https://www.researchandmarkets.com/research/6scc97/global_sulfur?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180518005283/en/
Copyright Business Wire 2018
Source: Business Wire
(May 18, 2018 - 8:12 AM EDT)
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