This report was recently updated on April 12 2024 with the latest and most recent
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Global Insoluble Sulfur Market Size, Trends & Analysis - Forecasts to 2026 By Type of Grade (High Dispersion, High Stability, and Regular Grade), By Type of Application (Tire Manufacturing, Industrial Application, Footwear, and others), By Region (North America, Europe, Asia Pacific, MEA, and CSA), End-User Landscape, Vendor Landscape, and Company Market Share Analysis & Competitor Analysis
Insoluble Sulfur Market Insights
The global insoluble sulfur market is estimated to witness a significant growth of CAGR 2.7% during the forecast period (2020-2026). Sulfur is an S symbol chemical element having 16 as its atomic number. Sulfur forms a cyclic eight right structure under normal conditions. Above 158°C, the S8 ring structure present in soluble Sulfur opens up, which leads to the formation of a polymer by combing one ring with another ring. Insoluble sulfur is formed by the rapid cooling of the polymer at low temperature which blocks the reversion of the ring and leaving behind metastable polymer structure at room temperature. Insoluble Sulfur is primarily used in tire manufacturing and motor vehicle industries. In the tire industry, Insoluble Sulfur is used to convert raw rubber to finished rubber at high heat to improve properties like strength and elasticity of the rubber. A wide range of applications like insulating material manufacturing for cables, pipelines, and wire manufacturing are other drivers of insoluble sulfur market growth.
However in recent times due to the global pandemic, the Insoluble sulfur industry is facing the hardest time in the last 25 years due to the temporary shutdown of the automotive and tire manufacturing industries. Furthermore, the pandemic blocked the global supply chain network which affected the cost of the chemical and ultimately is hampering the tire manufacturing sector.
Insoluble Sulfur Market: By Type of Grade
Based on the type of grade, the market is segmented into high dispersion, regular grade, and high stability. Regular grade is most widely used across all rubber manufacturing industries as a vulcanizing agent and hence is the highest shareholder of the market. Also, the regular grade is the most novel form of insoluble sulfur and is non-hazardous which accelerates its adoption in the market. The high dispersion grade is estimated to grow at a higher CAGR rate due to its high stability and outstanding dispersibility properties and quick product acceptance.
Insoluble Sulfur Market: By Type of Application
Based on application the market is categorized into tire manufacturing, industrial application, footwear, and others. The tire manufacturing industry is expected to be the largest market shareholder during the forecast period. Tire manufacturing industries are highly dependent on Insoluble sulfur agents as it's their primary feedstock which is responsible for producing high-quality goods.
Insoluble Sulfur Market: By Region
Based on the region, the market is segmented into North America, Asia-Pacific, Europe, Middle East, and Africa, and Central & South America. Asia-Pacific is expected to dominate the market during the forecast period due to a large number of rubber manufacturing industries in the region like India, Japan, China, South Korea, the availability of cheap skilled laborers & land for industry establishment, eased regulatory norms, and positive trade affairs.
Insoluble Sulfur Market Share and Competitor Analysis
The key players operating in the market include Eastman Chemical Company, Lions Industries, Nynas AB, Oriental Carbon & Chemical Ltd., Shanghai Shangyi Chemical Technology Company, Shikoku Chemicals Corporation, China Sunshine Chemical Holdings, Grupa Azoty, Henan Kailun Chemical, and Struktol GmbH among others.
Please note: This is not an exhaustive list of companies profiled in the report.
In Sept 2020, Tommie Ibert, launched and tested its new video extensometer that has been installed in Nynas Rubber Compounding Lab, which acts as a significant complement to the tensile machine testing.
Check the Press Release on Global Insoluble Sulfur Market Report
Insoluble Sulfur Market: By Type of Application
Insoluble Sulfur Market: By Type of Grade
Insoluble Sulfur Market: By Region
The global Insoluble Sulfur Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Insoluble Sulfur Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.
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