Powder Sulfur Market Size, Trends, Demand, Volume, Industry, Market Forecast 2023-2030

Powder Sulfur Market Size

The Global Powder Sulfur Market reached USD 1.1 billion in 2022 and is expected to reach USD 1.5 billion by 2030, growing with a CAGR of 5.5% during the forecast period 2023-2030.

Powder sulfur is required in the extraction and refining procedures for metals such as iron, copper, and nickel. As mining firms ramp up output, the mining industry's need for powder sulfur is expected to rise in the coming years.
Powder sulfur consumption is also expected to rise in the future years as research into lithium-sulfur battery chemistry expands. The Beijing Institute of Technology issued a report in May 2022 explaining the creation of a novel high-energy sulfur cathode for lithium-sulfur batteries.

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Market Key Drivers

Global Automotive Production Is Growing

The global automobile sector has recovered substantially faster from COVID-19, owing to considerable pent-up consumer demand throughout the pandemic period. According to the International Organization of Motor Vehicle Manufacturers (OICA), almost 85 million commercial and passenger vehicles will be manufactured in 2022, a 6% increase over 2021.

As worldwide automotive manufacturing increases, so does demand for vehicle tires, both from original equipment manufacturers (OEM) and the aftermarket. Other rubber components such as gaskets, rubber seals, hoses, and liners have also seen a rise in demand. Powder sulfur is a critical component in the vulcanization of rubber goods. With expanding automobile production driving up demand for different rubber accessories, the rubber processing industry's need for powder sulfur will rise in the near and medium term.

Market Segmentation

By Product

• Non-oil filled powder sulfur
• Oil filled powder sulfur

By Fineness

• 200 Mesh
• 300 Mesh
• 400 Mesh
• 500 Mesh
• Others

By Grade

• Agriculture Grade
• Industrial Grade
• Pharma Grade
• Food Grade
• Others

Geographical Analysis

Geographically, the Powder Sulfur Market is segmented into North America, Europe, South America, Asia Pacific, and Middle East and Africa.
Asia-Pacific is predicted to account for roughly one-third of the global market and to expand at a quicker pace of 5.5% during the forecast period. The automobile industry's fast development, particularly the current trend toward electric vehicles, is expected to boost demand for industrial-grade powder sulfur.

China has the region's largest automobile sector and will be the world's top automotive exporter in 2023, with exports totaling about USD 208 billion in 2022. The fast rise of EV manufacturing in China is creating unprecedented demand for a variety of automotive components and materials. China has increased local mining and refining of critical battery metals such as nickel and copper in order to maintain total control of the EV supply chain. Powder sulfur is required in the extraction and refining of nickel and copper.

Competitive Landscape

Significant players in the global powder sulfur market include Grupa Azoty, Kaycee Chem Industries, M. K. CHEMICAL INDUSTRIES, Jordan Sulphur, Golden Chemicals Private Limited, Solar Chemferts Pvt Ltd, American Elements, Jainson Chemicals, Mosaic and Jaishil Sulphur & Chemical Industries.

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