PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1826633
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1826633
Elemental Sulfur Market Introduction and Overview
According to SPER Market Research, 'Global Elemental Sulfur Market Size - By Source, By End User - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Elemental Sulfur Market is predicted to reach 20.96 billion by 2034 with a CAGR of 4.95%.
Elemental sulfur is a naturally occurring, bright yellow, non-metallic element widely utilized across various industrial sectors. It is most obtained as a byproduct from petroleum refining and natural gas processing. One of its primary uses is in agriculture, where it acts as a soil conditioner and essential nutrient in fertilizers to enhance crop yield and quality. In the chemical industry, sulfur is a critical raw material for producing sulfuric acid, a key component in numerous industrial processes. Additionally, it is used in rubber vulcanization, metallurgy, and pharmaceuticals.
Restraints: The market for elemental sulphur is limited by the fluctuations in the production of natural gas and crude oil, since sulphur is mostly obtained as a byproduct. Producers must pay more to comply with strict environmental requirements on sulphur emissions and storage. The smell and flammability of sulphur make handling and shipment difficult and complicate logistics.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Source, By End User
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered
ADNOC Group, China Petrochemical Corporation, Georgia Gulf Sulfur Corporation, Intrepid Potash, JOHN H. CARTER COMPANY, Motiva Enterprises LLC, Saudi Arabian Oil Co, Shell plc, Suncor Energy Inc, Valero.
Global Elemental Sulfur Market Segmentation:
By Source: Based on the Source, Global Elemental Sulfur Market is segmented as; Refineries, Gas Processing Plants, Other.
By End User: Based on the End Use, Global Elemental Sulfur Market segmented as; Agriculture, Chemical, Rubber, Metallurgy, Others.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.