PUBLISHER: Data Bridge Market Research | PRODUCT CODE: 1292974
PUBLISHER: Data Bridge Market Research | PRODUCT CODE: 1292974
The Asia-Pacific insoluble sulfur market for automotive sector is expected to reach USD 472,508.62 thousand by 2030 from USD 312,298.26 thousand in 2022, growing at a CAGR of 5.3% during the forecast period of 2023 to 2030.
Market Segmentation
Asia-Pacific Insoluble Sulfur Market for Automotive Sector, By Grade (Regular Grades, High Dispersion Grades, High Stability Grades, and Special Grades), Product (Oil-Filled Insoluble Sulfur and Non-Oil Filled Insoluble Sulfur), Application (Tire and Non-Tire), Country (Japan, China, India, South Korea, Australia & New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific) - Industry Trends and Forecast to 2030.
Overview of Asia-Pacific Insoluble Sulfur Market For Automotive Sector Dynamics
Driver
Manufacturing of tires around the world makes use of insoluble sulfur extensively
Restraint
Stringent rules and regulations
Opportunity
Development of more fuel-efficient tires