Global Carbon Disulfide Market Will Reach USD 175 Million by 2026

Findings from Facts and Factors report "Carbon Disulfide Market By Type(Pharmaceutical Grade, Industrial Grade, and Others) and By Application (Chemicals, Pharmaceuticals, Agriculture, Rubber, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020-2026" states that the global Carbon Disulfide market in 2019 was around USD 147 Million. The market is expected to grow at a CAGR of 2% and is anticipated to reach around USD 175 Million by 2026.

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The Carbon Disulfide is an odorless and colorless liquid that is used as a building block in organic chemistry having a boiling point at 46 ° C and a flash point of -22 ° F. It is a flammable liquid capable of burning in the air and has room temperature evaporation capability. Carbon sulfide vapour is heavier than air. Commercially, carbon disulphide is formed by a high-temperature combination of carbon and sulfur. Because of its wide range of applications, the global market for carbon disulphide is expected to grow significantly in the forecasted era. It is used in the manufacture of cellulose-based rayons, pesticides and in the rubber field.

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The use of carbon disulphide in chemical pesticides is substantial. The rising population is expected to bring in additional food demand. According to the United Nations (UN), currently, the world population is around 7.7 trillion and is projected to reach 9.8 trillion by 2050. In addition, the per capita increase in calorie intake is also expected to fuel the demand for food. The world has made considerable progress when it comes to food intake per person.The decline in arable land also propels the need for crop yield development. Farmers rely solely on pesticides for better crop yield. Hence, an increase in food demand is expected to propel the market for chemical pesticides. Although considerable demand produced for the pesticide is projected to increase the market for carbon disulphide in the forecast period. But stringent legislation rules have been imposed by the governments regulating the use of carbon disulfide, as it has adverse effects on human health. Incidents of exposure to carbon disulphide occur mostly in manufacturing industries. Human exposure to short inhalation of carbon disulphide causes changes in inhalation and chest pain. For humans with acute inhalation exposure, nausea, vomiting, dizziness, fatigue, headache, mood changes, lethargy, blurred vision, delirium, and convulsions were also recognized. To overcome this problem, Biotechnology researchers have found out an alternative and use biofilters to the impacts of carbon disulphide. They have also developed methods for extracting carbon disulphide from the air emission. Thermal oxidation, thermocatalytic processing, and incineration are used to reduce the pollution effect.Biological techniques are also used for carbon disulphide degradation. Because of its dangerous effects, several leading producers are researching the production of the carbon disulphide substitute. The creation of a biobased replacement or the reduction of the effect of carbon disulphide on the environment is therefore likely to become a major opportunity in the time forecast.

As per the type analysis, Industrial Grade is expected to dominate the market as there is a growing demand for different types of fibers like rayon and cellulosic fibers which are used in the production of silk, wool, linen, and cotton. These fibers are used in manufacturing various types of clothes and other applications due to which the market of carbon disulphide is expected to spur in the coming years. As per the application analysis, Agriculture is expected to dominate the market, as Carbon disulphide is widely used as a fumigant for controlling the attacks of insects on the stored grains.

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As per the regional analysis, the Asia Pacific region is expected to dominate the market due to its overgrowing population and a large demand to fulfill the demands and needs of this growing population. Due to the availability of large resources in the countries of Asia Pacific region and also being among the top developing economies across the region, the governments of these countries are coming up with new initiatives and encouraging the people to come up with innovative agricultural practices for fulfilling the food requirements of the growing population.

The leading key players in the Carbon Disulphide Market are as follows :

Nouryan
Merck
GFS Chemical
ShanghaiBaijin Group
Alfa Aesar
Shikoku Chemicals Corporation
Arkema
Central Drug House
Robinson Brothers
Toyobo

This report segments the Carbon Disulfide market as follows:

Global Carbon Disulfide Market: By Type Segmentation Analysis

Pharmaceutical Grade
Industrial Grade
Others

Global Carbon Disulfide Market: By Application Segmentation Analysis

Chemical
Pharmaceuticals
Agriculture
Rubber
Others

Global Carbon Disulfide Market: Regional Segmentation Analysis

North America
The U.S.
Canada
Europe
Germany
The UK
France
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa

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