DUBLIN--(BUSINESS WIRE)--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.
- Abu Dhabi National Oil Company
- Chemtrade Logistics
- Enersul Limited
- Marathon Petroleum Company LLC
- National Est. For Agricultural and Industrial Sulphur
- OAO Gazprom
- Oxbow Carbon LLC
- PVS Chemicals Inc.
- Qatar International Petroleum Marketing Company Ltd.
- Royal Dutch Shell PLC
- Sinopec Corp.
- Sinopec Guangzhou Petrochemical
- Tengizchevroil LLP
- The Saudi Arabian Oil Company
- Tianjin Petrochemical
- Valero Energy Corporation
Key Topics Covered:
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
For more information about this report visit https://www.researchandmarkets.com/research/6scc97/global_sulfur?w=4