Global Insoluble Sulfur Market 2021-2028 Trends, Share, Size, Growth, Opportunity and Forecasts By Stratistics MRC
2021 - 2028 Global Insoluble Sulfur Market
The Global Insoluble Sulfur Market is accounted for $1,052.61 million in 2021 and is expected to reach $1,385.17 million by 2028 growing at a CAGR of 4.0% during the forecast period. Insoluble sulfur is amorphous form of sulfur made from heat-polymerizing of sulfur. It can also be obtained by reacting sulfurated hydrogen with sulfur dioxide. It is a macromolecule polymer, and there are several thousands of sulfur atoms in its molecular chains. It does not dissolve in carbon disulfide; therefore, it is called insoluble sulfur or polymeric sulfur. Insoluble sulfur is an important rubber additive agent. It improves product quality, wearability, and resistance to fatigue and aging. In addition to being universally recognized as the best vulcanizing agent, it is widely used in the manufacture of tire, rubber pipe, shoes, cable and wire insulating materials, latex, and all kinds of automobile rubber parts. It is also a vital component of belt tires.
The high dispersion segment is estimated to have a lucrative growth due to the widespread usage of the substance for application in tire production on account of its key characteristics, such as excellent dispersibility and high thermal stability. Asia Pacific is projected to hold the largest market share during the forecast period due to the increasing number of rubber processors in the region, majorly across countries, such as China, India, Thailand, Japan, and South Korea. North America is projected to have the highest CAGR over the forecast period owing to the rising demand in terms of the rubber industry, with rapid imports of rubber from China, Germany, Thailand, and Japan.
Some of the key players profiled in the Insoluble Sulfur Market include Eastman Chemical Company, Henan Kailun Chemical Co., Ltd., LANXESS Deutschland GmbH, Lions Industries s.r.o, Luoyang Sunrise Industrial, Nynas AB, Oriental Carbon and Chemicals Limited, Sennics Co. Ltd., Shanghai Shangyi Chemical Technology Co. Ltd., Shikoku Chemicals Corporation, and Weifang Jiahong Chemical Co. Ltd.
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