Sulfur

Sulfur Market Value to Reach US$ 8 Bn by 2030: Precedence Research The sulfur market is expected to exhibit a CAGR of 3% from 2021 to 2030 and is projected to reach US$ 17.13 Billion by 2030, according to a 2021 study by Precedence Research, the Canada based market insight company.

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The report contains 150+ pages with detailed analysis. The study provides the overall revenue of the global sulfur market from 2017 to 2030, considering 2020 as the base year and 2030 as the forecast year.

The global sulfur market research report gives a brief summary of definitions, size analysis, and place of production, sales, applications, types, and major players/key vendors of the sulfur industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post-COVID-19 marketplace. This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

Report Highlights:

  • Among the end-use industry, chemical processing segment accounted for the largest revenue with significant share in 2020. This is growth is due to the increasing demand for sulfur from the chemical processing industries across the globe. Fertilizer is expected to grow at a significant CAGR during the forecast time-frame.
  • Royal Dutch Shell PLC, accounted for a significant share of the global sulfurs market. The growth is attributed to various business strategies adopted by the company.

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Growth Factors:

Increasing adoption of the sulfur in agriculture industry for the manufacturing of fertilizers is major factor driving growth of the global sulfur market. In addition to this, growing demand for the sulfur based chemical elements in the commercial industries including pharmaceutical, chemical, and rubber industry is anticipated to fuel growth of the target industry over the forecast period. Calcium sulphate is fertilizer know to prevent the soil erosion and sulfur is largely used in the production of calcium sulphate owing to its cost-effectiveness. This is among major factors projected to augment growth of the global market in the next few years.

However, harmful effects to the sulfur on human health, coupled with high costs associated with extraction of sulfur are expected to hinder growth of the target market during the forecast time frame. Nevertheless, emerging applications of sulfur is anticipated to create potential opportunities for the growth of the target market. Countries in the Asia Pacific region are focusing on the agricultural growth and intern the demand and production of the sulfur is anticipated to increase in the near future and boost the market growth in the near future.

Regional Analysis:

The report covers data for North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. In 2020, Asia Pacific dominated the global market with a market share of more than 30%. Chin is presented the highest share in the Asia Pacific region primarily due to increasing energy production, along with the favorable government policies for the sulfur production in the region. Further increasing adoption of sulfur based fertilizers and presence of key companies in the country are other important factors to contribute the high market share of the Asia Pacific over the forecast period. Further North America is an important market in the sulfur.

The growth of the sulfur industry in the countries of the North America is attributed to growing adoption of the sulfurs in the various end use applications such as phosphate fertilizers, various chemical elements, and rubber, among others in the United States and Canada. North America anticipated growing at the maximum CAGR in the forecast period due increasing investments in agricultural activities, coupled with rising production of vulcanized rubber in the countries of the region especially in the United States. Also, increased deficiency of the sulfur, in the soils is another factor expected to fuel growth of the sulfur industry in the developed as well as emerging economies across the globe. Further, strict regulations by the regulatory bodies for the sulfur emission regulations can have positive impact on the target industry growth in the future. Latin America and the African and Middle Eastern region will show perceptible growth over the forecast period owing to growing preferences for the production of high-quality crops in the regions.

Top Players Contending in the Market:

The key companies are aiming towards advanced innovations and are predictable to dominate the target market. Foremost players inspiring in the global sulfur market are as follows:

  • Abu Dhabi National Oil Company
  • Royal Dutch Shell PLC
  • Gulf Sulphur Services Ltd., LLLP
  • Merafe Resources Ltd.
  • Enersul Limited Partnership
  • China Petroleum & Chemical Corporation
  • Chemtrade Logistics Inc.
  • Ohio Sulphur Mining Company
  • Freeport-McMoRan Sulphur L.L.C.
  • Marathon Petroleum Corporation

Market Segmentation

By End-use Industry

    • Fertilizer
    • Chemical Processing
    • Metal Manufacturing
    • Rubber Processing
    • Others

Regional Segmentation

  • North America (U.S. and Canada)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Some of the key highlights covered in the report include:

Market Demand-Supply Analysis – The report covers detailed insights into demand and supply forces prevailing in the global sulfur market. It examines trends and factors influencing demand for sulfur globally and gauges the impact of the same on the production.

Pricing Analysis – The report presents an exclusive pricing analysis. It compares pricing strategies adopted by the leading market players and identifies the most remunerative strategies.

Market Segmentation – The report segments the global market in terms of diverse criteria. It identifies the leading segment within each category and identifies growth drivers and restraints affecting growth across each segment.

Regional Analysis – The report segments the market in terms of North America, Europe, Latin America, Asia Pacific, and Rest of the World in terms of region. It has chapters exclusively dedicated to analyzing growth trends across each region. It identifies growth drivers as well challenges affecting demand for sulfur across the world.

Competitive Analysis – Some of the leading market players are profiled in the report on sulfur. The report offers an estimation of share individually help by the market players and determines the impact of some of their popular strategies.

COVID-19 Impact Analysis – This chapter is exclusively dedicated to gauging how the market has evolved or will develop in the post-pandemic era.

Growth Recommendations – In the end, the report presents valuable recommendations to ready businesses for unforeseen challenges in the near future.

Why should you invest in this report?

If you are aiming to enter the global sulfur market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for sulfur are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Sulfur Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope

Chapter 5. COVID 19 Impact on Sulfur Market

5.1. Covid-19: Sulfur Industry Impact
5.2. Sulfur Business Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Sulfur Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for SulfurMarket Players to deal with Covid-19 Pandemic Scenario

Chapter 6. Sulfur Market Dynamics Analysis and Trends

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Growing demand from fertilizer manufacturing industries across the globe
6.1.1.2. Capacity expansion of petroleum refining plants
6.1.2. Market Restraints
6.1.2.1. Stringent environmental regulations
6.1.3. Market Opportunities
6.1.3.1. Emerging applications of sulfur

Chapter 7. Global Sulfur Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Sulfur Market Revenue by Market Players (2017 – 2020)
7.1.1.2. Sulfur Market Revenue Market Share by Market Players (2017 – 2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Geographic Expansion, End-use Industry Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of End-users

Chapter 8. Global Sulfur Market, By End-use Industry

8.1. Sulfur Market, by End-use Industry, 2017-2030
8.1.1. Fertilizer
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Chemical Processing
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Metal Manufacturing
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Rubber Processing
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Others
8.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Sulfur Market, Regional Estimates and Trend Forecast

9.1. North America
9.1.1. Market Revenue Forecast by End-use Industry(2017-2030)
9.1.2. U.S
9.1.2.1. Market Revenue Forecast (2017-2030)
9.1.3. Canada
9.1.3.1. Market Revenue Forecast (2017-2030)
9.2. Europe
9.2.1. Market Revenue Forecast by End-use Industry (2017-2030)
9.2.2. UK
9.2.2.1. Market Revenue Forecast (2017-2030)
9.2.3. Germany
9.2.3.1. Market Revenue Forecast (2017-2030)
9.2.4. France
9.2.4.1. Market Revenue Forecast (2017-2030)
9.2.5. Rest of EU
9.2.5.1. Market Revenue Forecast (2017-2030)
9.3. Asia Pacific (APAC)
9.3.1. Market Revenue Forecast by End-use Industry (2017-2030)
9.3.2. China
9.3.2.1. Market Revenue Forecast (2017-2030)
9.3.3. India
9.3.3.1. Market Revenue Forecast (2017-2030)
9.3.4. Japan
9.3.4.1. Market Revenue Forecast (2017-2030)
9.3.5. Rest of APAC
9.3.5.1. Market Revenue Forecast (2017-2030)
9.4. LATAM
9.4.1. Market Revenue Forecast by End-use Industry (2017-2030)
9.4.2. Brazil
9.4.2.1. Market Revenue Forecast (2017-2030)
9.4.3. Rest of LATAM
9.4.3.1. Market Revenue Forecast (2017-2030)
9.5. Middle East and Africa (MEA)
9.5.1. Market Revenue Forecast by End-use Industry (2017-2030)
9.5.2. GCC
9.5.2.1. Market Revenue Forecast (2017-2030)
9.5.3. North Africa
9.5.3.1. Market Revenue Forecast (2017-2030)
9.5.4. South Africa
9.5.4.1. Market Revenue Forecast (2017-2030)
9.5.5. Rest of MEA
9.5.5.1. Market Revenue Forecast (2017-2030)

Chapter 10. Company Profiles

10.1. Ohio Sulphur Mining Company
10.1.1. Company Overview, Business Information, Regional Presence
10.1.2. Product Portfolio Analysis
10.1.2.1. Product Details, Specification, Application
10.1.3. Revenue, Price, and Gross Margin (2017-2020)
10.1.4. Recent Developments and Strategies
10.2. Freeport-McMoRan Sulphur L.L.C.
10.2.1. Company Overview, Business Information, Regional Presence
10.2.2. Product Portfolio Analysis
10.2.2.1. Product Details, Specification, Application
10.2.3. Revenue, Price, and Gross Margin (2017-2020)
10.2.4. Recent Developments and Strategies
10.3. Gulf Sulphur Services Ltd., LLLP
10.3.1. Company Overview, Business Information, Regional Presence
10.3.2. Product Portfolio Analysis
10.3.2.1. Product Details, Specification, Application
10.3.3. Revenue, Price, and Gross Margin (2017-2020)
10.3.4. Recent Developments and Strategies
10.4. Merafe Resources Ltd.
10.4.1. Company Overview, Business Information, Regional Presence
10.4.2. Product Portfolio Analysis
10.4.2.1. Product Details, Specification, Application
10.4.3. Revenue, Price, and Gross Margin (2017-2020)
10.4.4. Recent Developments and Strategies
10.5. Abu Dhabi National Oil Company
10.5.1. Company Overview, Business Information, Regional Presence
10.5.2. Product Portfolio Analysis
10.5.2.1. Product Details, Specification, Application
10.5.3. Revenue, Price, and Gross Margin (2017-2020)
10.5.4. Recent Developments and Strategies
10.6. Chemtrade Logistics Inc.
10.6.1. Company Overview, Business Information, Regional Presence
10.6.2. Product Portfolio Analysis
10.6.2.1. Product Details, Specification, Application
10.6.3. Revenue, Price, and Gross Margin (2017-2020)
10.6.4. Recent Developments and Strategies
10.7. China Petroleum & Chemical Corporation
10.7.1. Company Overview, Business Information, Regional Presence
10.7.2. Product Portfolio Analysis
10.7.2.1. Product Details, Specification, Application
10.7.3. Revenue, Price, and Gross Margin (2017-2020)
10.7.4. Recent Developments and Strategies
10.8. Enersul Limited Partnership
10.8.1. Company Overview, Business Information, Regional Presence
10.8.2. Product Portfolio Analysis
10.8.2.1. Product Details, Specification, Application
10.8.3. Revenue, Price, and Gross Margin (2017-2020)
10.8.4. Recent Developments and Strategies
10.9. Marathon Petroleum Corporation
10.9.1. Company Overview, Business Information, Regional Presence
10.9.2. Product Portfolio Analysis
10.9.2.1. Product Details, Specification, Application
10.9.3. Revenue, Price, and Gross Margin (2017-2020)
10.9.4. Recent Developments and Strategies
10.10. Royal Dutch Shell PLC
10.10.1. Company Overview, Business Information, Regional Presence
10.10.2. Product Portfolio Analysis
10.10.2.1. Product Details, Specification, Application
10.10.3. Revenue, Price, and Gross Margin (2017-2020)
10.10.4. Recent Developments and Strategies

Chapter 11. Appendix

11.1. About Us
11.2. Glossary of Terms

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Precedence Research

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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