Global Sulfur Market CAGR, Volume and Value 2018-2025

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Summary
A new market study, titled “Global Sulfur Market 2018-2025 ” has been featured on WiseGuyReports.
Global Sulfur Market Overview
Sulfur is a non-metallic chemical element that is bright yellow in color. It is a solid at room temperature and pressure. Sulfur is primarily used to make phosphate fertilizer. Sulfur is also in industrial applications, such as sulfuric acid for refinery alkylation units, and in consumer products, such as detergent.
The global sulfur market was worth USD XX billion in 2017 and is forecasted to reach USD XX billion by 2025, growing at a CAGR of XX% during the forecast period (2018-2025).
Global Sulfur Market – Market Dynamics
Increasing investments and developing economies are the some of the key drivers of the global Sulfur market. However, high cost to extract Sulfur from the mining processes can prove to be fatal for the Sulfur market.
Global Sulfur Market – Segment Analysis
The global Sulfur market is categorized by Fertilizers, Petroleum Refining, Metals Manufacturing, and Others (Agrochemicals). Of these, fertilizers hold a significant share of the market, owing to a growing demand from the fertilizer manufacturing sector to overcome the sulfur deficiency that the crops are suffering presently.
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Further, the majority of this acid is used in the production of phosphate fertilizers, a crucial component in the provision of food in the world. To increase the agricultural output in the developing countries of the Asia-Pacific region there is an increase in the demand for sulfuric acid.
Global Sulfur Market – Geographical Analysis
Geographically, the global sulfur market is segmented into Asia-Pacific, North America, Europe, South America, and RoW. Among all the regions, Asia Pacific accounted for the largest share in terms of importing Sulfur.
According to the Observatory of Economic Complexity (OEC), the world's biggest sulfur importers are China (16%), the Democratic Republic of the Congo (15%), South Africa (14%) and Indonesia (13%). The only other two countries over 5% are Australia (6.6%) and Cuba (6.4%). The biggest sulfur importer in South America is Chile (1.9%) and in Europe, it is a tie between Germany and the Czech Republic (1.4%).
On the other side in 2017, Chinese elemental sulfur import volumes are expected to decline significantly versus 2016. Chinese total sulfur demand is continuing to decline (albeit more slowly than we initially expected), pulled down by the phosphoric acid industry. At the same time, increased Chinese sulfur production is weighing on import requirements and has led to an uptick in port sulfur inventories in recent months.
Global Sulfur Market – Competitive Analysis
The top five players in the global sulfur market collectively account for 55% of overall share in the market. Due to its competitive nature, the leading players are concentrating more on international and local players. These key players in order to expand their footprints in a strategic partnership and acquiring the international players. The organizations in order to increase their number of sales are upgrading their distribution channel. For example Adnoc Sour Gas, a market leader in sour gas field development, has installed a Sulfur Remelter facility, at its Shah Sulfur granulation station, to maximize Sulfur recovery during normal transportation operations. Other major companies in this market are Abu Dhabi National Oil Company, Sinopec Corporation, Saudi Industrial Export Company, Gazprom Export, Petrobras, Marathon Petroleum Corporation, Shell Global, Matrix Service, Sulfur Mills Limited, and Valero Energy Corporation.
Why purchase the report?
• Visualize the composition of the global sulfur market products across each indication, in terms of end-user highlighting the critical commercial assets and players.
• Identify commercial opportunities in sulfur products market by analyzing trends and co-development deals.
• Excel data sheet with thousands of data points of the sulfur products levels 4/5 segmentation.
• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
• Product mapping in excel for the essential sulfur products of all major market players.
Target Audience
• Raw Material Suppliers/ Buyers
• Product Suppliers/ Buyers
• Industry Investors/Investment Bankers
• Education & Research Institutes
• Research Professionals
• Emerging Companies
• Manufacturers
FOR MORE DETAILS – https://www.wiseguyreports.com/reports/3791624-global-sulfur-market...

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