Carbon Disulfide Market Overview, Demand, Size, Share, Report 2024-2032

According to IMARC Group latest report titled "Carbon Disulfide Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032", offers a comprehensive analysis of the industry, which comprises insights on carbon disulfide market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

The global carbon disulfide market size reached US$ 532.0 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 681.2 Million by 2032, exhibiting a growth rate (CAGR) of 2.78% during 2024-2032.

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Carbon disulfide is a colorless, volatile liquid with the formula CS2, known for its distinctively sweet odor and highly flammable nature. It is primarily used as a solvent in the manufacturing of viscose rayon, cellophane, and carbon tetrachloride and also plays a crucial role in the production of rubber chemicals. There are several types of carbon disulfide based on purity levels, including technical grade and high-purity grade, catering to various industrial requirements. Additionally, the advantages of carbon disulfide include its effectiveness as a solvent in the textile industry and its utility in the production of agricultural fumigants. Despite its toxicity and flammability, carbon disulfide is valued for its efficiency in industrial processes, particularly in the manufacture of rayon and cellophane.

Market Trends:

The global market is influenced by the expanding textile industry, particularly in emerging economies, given the material's essential role in the production of viscose rayon and cellophane. Along with this, the rising demand for rubber products is contributing to market growth, as carbon disulfide is used in the vulcanization of rubber. In addition, technological advancements in production processes are also enabling more efficient and environmentally friendly methods of carbon disulfide manufacturing, which is enhancing market growth. Apart from this, the use of carbon disulfide in the agricultural sector as a soil fumigant and for pest control adds to its market demand. Furthermore, ongoing research and development aimed at reducing the environmental impact and improving safety standards in its handling are creating a positive market outlook. Some of the other factors driving the market include rapid industrialization and changing consumer preferences.

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Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players operating in the market.

• Arkema S.A.
• GFS Chemicals Inc.
• Liaonian Ruixing Chemical Group Co. Ltd.
• Merck KGaA, Nouryon
• Parchem Fine & Specialty Chemicals
• Shanghai Baijin Chemical Group Co. Ltd.
• Shikoku Kasei Holdings Corporation
• Tedia Company LLC
• Thermo Fisher Scientific Inc

Key Market Segmentation:

Our report has categorized the market based on region, purity, application, and end user.

Purity Insights:

• Pure
• Impure

Application Insights:

• Rayon
• Rubber
• Cleaning Carbon Nanotubes
• Perfumes
• Cellophane
• Others

End User Insights:

• Pharmaceuticals
• Agriculture
• Packaging
• Textile
• Cosmetics
• Others

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, South Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Key Highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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This release was published on openPR.