The global Insoluble Sulfur/Dairy Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 2.9% during the review period (2022 to 2027)
Insoluble sulfur is amorphous form of sulfur made from heat-polymerizing of sulfur. It might also be obtained by reacting sulfurated hydrogen with sulfur dioxide. It is a macromolecule polymer, and there are numerous 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 progresses 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. Insoluble sulfur is mainly used in the rubber industry. So, insoluble sulfur is widely used in the manufacture of radial rubber and other synthetic rubber products due to its non-blooming characteristic. It is also used in light-colored rubber products. Insoluble sulfur is mostly used in the tire industry. Demand for convenient and low-maintenance tire replacements has been increasing due to the growing number of on-road vehicles across the globe. Tire manufacturers across the globe are under intense pressure from regulators and consumers to develop more fuel-efficient tires, while also facing technological challenges in order to gain a competitive edge in the highly competitive market. Rise in usage of insoluble sulfur to convert raw rubber into complete rubber at high heat to improve the strength and flexibility of the rubber is a major factor that is expected to drive the global insoluble sulfur market during the forecast period.
Eastman Completes Sale of Tire Additives Product Lines
Nov. 1, 2021 – Eastman Chemical Company (NYSE:EMN) announced that it has completed the previously reported sale of its global tire additives business to an affiliate of One Rock Capital Partners, LLC. The sale included the rubber additives (including Eastman's Crystex™ insoluble sulfur and Santoflex™ antidegradants) and other product lines and related assets and technology of the Additives & Functional Products segment.
24/01/2019, A standard process oil that can be trusted to perform well in many different applications, NYTEX® 810 is particularly useful for two important applications – antifoams and insoluble sulfur.
By Type, it is segmented into
By Applications it is segmented into
Asia Pacific led the market and accounted for over 48% of the global revenue share in 2020. The region will retain its leading position throughout the forecast years due to the growing number of rubber processors in the region, majorly across countries, such as China, India, Thailand, Japan, and South Korea. Major companies are shifting their production bases to Asia Pacific due to eased regulations, surplus availability of land, skilled & low cost labor, and positive trade affairs with economically strong nations.
North America
The Insoluble Sulfur/Dairy Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Insoluble Sulfur/Dairy Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 2.9% during the review period (2022 to 2027). |
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By Application |
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By Companies | Eastman Chemical Company, LIONS INDUSTRIES, Nynas AB, Oriental Carbon & Chemicals Limited, Shanghai Shangyi Chemical Technology Company, SHIKOKU CHEMICALS CORPORATION, China Sunsine Chemical Holdings Limited, Grupa Azoty, Henan Kailun Chemical Co., Ltd., Schill + Seilacher "Struktol" GmbH, Willing New Materials Technology Co., Ltd., SANSHIN CHEMICAL INDUSTRY CO., LTD., KUMHO PETROCHEMICAL, LANXESS, CHEMSPEC, LTD., Zhejiang NetSun Co., Ltd., Tongnuo Group Co., Ltd., Heze Great Bridge Chemical Co., Ltd., WUXI HUASHENG RUBBER TECHNICAL CO., LTD, Changde Dingyuan Chemical Industrial Limited |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 97 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Insoluble Sulfur/Dairy Market is studied from 2017 - 2027.
What is the growth rate of Insoluble Sulfur/Dairy Market?
The Insoluble Sulfur/Dairy Market is growing at a CAGR of 2.9% over the next 5 years.
What regions does this Insoluble Sulfur/Dairy Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
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