Sulfur is yellow colored element, which exists in its crystalline form. Sulfur has atomic number 16 along with atomic mass of 32.064. Sulphur is a multivalent non-metal, which is tasteless, and odorless. The boiling point of a sulfur is, 444.61֯ C. Sulfur is insoluble in water but soluble in carbon disulfide and, to a small extent in benzene, and toluene.
Growing demand for sulfur from various industry verticals such as, pharmaceuticals, agro-chemicals, and chemicals, is anticipated to drive global sulfur market in the near future. In addition, rising demand for sulfur based chemicals, from rubber industry, for the vulcanization processes, is expected to fuel growth of the target market over forecast period. However, harmful effects of sulfur on human health, such as problems associated with nose and throat is projected to limit growth of the global market.
The global sulfur market report has been segmented on the basis of application, and region. On basis of application the target market is segmented into Agro-chemicals, Chemical and Petrochemical Refining, Metal Processing, Pharmaceutical, and Other. Agro-chemical segment dominates the global market in terms of revenue, and is expected to maintain its dominance over forecast period, owing to growing demand for sulfur based fertilizers.
Request for the Sample Report Here: https://marketresearch.biz/report/sulfur-market/request-sample/
Based upon region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East Africa. The market in Asia Pacific is expected to witness fastest growth at a CAGR of X.X%, over the forecast period. This can be attributed to, rising demand for sulfur chemicals in various industry verticals such as agro-chemical and pharmaceutical, in the region. China is, one of the largest producer of sulfur, worldwide. China is world’s leading producer of pyrites, with about 57% of its sulfur in all forms, and is expected to maintain its production over forecast period, owing to growing demand for pyrites in end user industries. Sulfur recovered from refining processes accounts to 98% of world elemental sulfur production.
Key players operating in the global sulfur market include Ohio Sulphur Mining Company, Freeport-McMoRan Sulphur L.L.C., Gulf Sulphur Services Ltd. LLLP, Merafe Resources Ltd., Abu Dhabi National Oil Company, Chemtrade Logistics Inc., China Petroleum & Chemical Corporation, Enersul Limited Partnership, Marathon Petroleum Corporation, and Royal Dutch Shell PLC.