Dublin, Jan. 15, 2025 (GLOBE NEWSWIRE) — The “Insoluble Sulfur Market Size, Share & Trends Analysis Report By Grade, By Application, By Region, And Segment Forecasts, 2025 – 2030” report has been added to ResearchAndMarkets.com’s offering.
The global insoluble sulfur market report provides a holistic analysis of the industry’s current status and future market trends, underpinning a strategic approach for participants. It offers a comprehensive understanding of the competitive landscape alongside the evolving commercial dynamics set to influence the market through 2030.
An expansive analysis of the global insoluble sulfur market projects a promising future for the industry, with expectations to reach USD 1.68 billion by 2030 at a compound annual growth rate of 6.0%, starting from 2025. This burgeoning growth is largely attributed to the escalating use of insoluble sulfur in the automotive sector, particularly in tire manufacturing, and the footwear industry.
Sturdy Growth Driven by Rubber Vulcanization in Tire Production
With the automotive industry poised for a steady climb, the requirement for durable and high-performance tires is on the rise, a factor that decisively fuels the demand for insoluble sulfur. As a critical element in rubber vulcanization, insoluble sulfur confers enhanced adhesion properties, ensuring the integrity of rubber against fragmentation, thus fostering market growth.
Footwear Industry Demand Upheld by Quality and Durability
The market for insoluble sulfur is further invigorated by the increasing consumer expectations of longevity and exceptional quality in footwear. Rubber soles treated with insoluble sulfur exhibit superior resistance to heat, abrasion, and wear, enabling manufacturers to cater to market demands for robust, sustainable products.
Raw Material Procurement and Price Volatility
Sulfur and carbon disulfide constitute the primary raw materials in insoluble sulfur production. Any fluctuations in the pricing, production, or supply of these raw materials have immediate repercussions on insoluble sulfur market dynamics. Sulfur sourcing remains subject to conventional mining practices and as a by-product of various industrial processes, potentially influencing market prices.
Geographical Concentration and Supply Concerns
Moreover, the geographical concentration of sulfur reserves may lead to disruptions in the supply chain caused by political, regulatory, or cataclysmic events in those regions. The increasing global demand for sulfur-based products raises concerns regarding the assurance of long-term supplies.
Regional Market Dominance and Future Outlook
In 2024, the Asia Pacific region accounted for a substantial share of the market’s revenue, with its competitive edge in tire production capabilities. Countries like Japan, China, and India are pivotal in the tire manufacturing industry, which in turn, underscores the significance of the region in the global insoluble sulfur market. The report anticipates this trend to continue, with China being identified as one of the most promising markets in the upcoming years.
Key Attributes:
Report Attribute | Details |
No. of Pages | 90 |
Forecast Period | 2024 – 2030 |
Estimated Market Value (USD) in 2024 | $1.2 billion |
Forecasted Market Value (USD) by 2030 | $1.68 billion |
Compound Annual Growth Rate | 6.0% |
Regions Covered | Global |
Companies Featured
- Lions Industries s.r.o
- Nynas AB
- Oriental Carbon & Chemical Ltd.
- LAXNESS
- SHIKOKU KASEI HOLDINGS CORPORATION
- China Sunsine Chemical Holdings
- Grupa Azoty
- Henan Kailun Chemical
- Schill+Seilacher Struktol GmbH
For more information about this report visit https://www.researchandmarkets.com/r/rm9oeh
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