Carbon Disulfide Market Overview, Size, Share, Report 2024-2032
According to IMARC Group latest report titled “Carbon Disulfide Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, offers a comprehensive analysis of the industry, which comprises insights on carbondisulfide market share. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global carbon disulfide market size reached US$
532.0 Million in 2023. Looking forward, IMARC Group expects the market to reach
US$ 681.2 Million by 2032, exhibiting a growth rate (CAGR) of 2.78% during
2024-2032.
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Carbon disulfide is a colorless, volatile liquid with
the formula CS2, known for its distinctively sweet odor and highly flammable
nature. It is primarily used as a solvent in the manufacturing of viscose
rayon, cellophane, and carbon tetrachloride and also plays a crucial role in
the production of rubber chemicals. There are several types of carbon disulfide
based on purity levels, including technical grade and high-purity grade,
catering to various industrial requirements. Additionally, the advantages of carbon
disulfide include its effectiveness as a solvent in the textile industry and
its utility in the production of agricultural fumigants. Despite its toxicity
and flammability, carbon disulfide is valued for its efficiency in industrial
processes, particularly in the manufacture of rayon and cellophane.
Market
Trends:
The global market is influenced by the expanding textile
industry, particularly in emerging economies, given the material's essential
role in the production of viscose rayon and cellophane. Along with this, the
rising demand for rubber products is contributing to market growth, as carbon
disulfide is used in the vulcanization of rubber. In addition, technological
advancements in production processes are also enabling more efficient and
environmentally friendly methods of carbon disulfide manufacturing, which is
enhancing market growth. Apart from this, the use of carbon disulfide in the
agricultural sector as a soil fumigant and for pest control adds to its market
demand. Furthermore, ongoing research and development aimed at reducing the
environmental impact and improving safety standards in its handling are
creating a positive market outlook. Some of the other factors driving the
market include rapid industrialization and changing consumer preferences.
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Competitive
Landscape
The competitive landscape of the industry has
also been examined along with the profiles of the key players operating in the
market.
·
Arkema S.A.
·
GFS Chemicals Inc.
·
Liaonian Ruixing Chemical Group Co. Ltd.
·
Merck KGaA, Nouryon
·
Parchem Fine & Specialty Chemicals
·
Shanghai Baijin Chemical Group Co. Ltd.
·
Shikoku Kasei Holdings Corporation
·
Tedia Company LLC
·
Thermo Fisher Scientific Inc
Key Market Segmentation:
Our
report has categorized the market based on region, purity, application, and end
user.
Purity Insights:
·
Pure
·
Impure
Application Insights:
·
Rayon
·
Rubber
·
Cleaning Carbon Nanotubes
·
Perfumes
·
Cellophane
·
Others
End User Insights:
·
Pharmaceuticals
·
Agriculture
·
Packaging
·
Textile
·
Cosmetics
·
Others
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia,
Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, South
Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Key Highlights of the
Report:
·
Market Performance (2018-2023)
·
Market Outlook (2024-2032)
·
Porter’s Five Forces Analysis
·
Market Drivers and Success Factors
·
SWOT Analysis
·
Value Chain
·
Comprehensive Mapping of the Competitive
Landscape
About Us:
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market research company that offers management strategy and market research
worldwide. We partner with clients in all sectors and regions to identify their
highest-value opportunities, address their most critical challenges, and transform
their businesses.
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products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high
technology organizations. Market forecasts and industry analysis for
biotechnology, advanced materials, pharmaceuticals, food and beverage, travel
and tourism, nanotechnology and novel processing methods are at the top of the
company’s expertise.
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