Rising Demand for Processed food to Fuel Global Sulfur Chemicals Market by 2013-2019

Of late, the global sulfur chemicals market has been experiencing a significant growth in its market value. Sulfur chemicals are excellent preservatives, hence the rapid expansion of the global food and beverage industry has triggered the demand for sulfur chemicals in the global arena. 

Several emerging economies such as India and China are witnessing a rapid rise in the population base, resulting in the increased demand for food. Alongside, the per capita disposable income in these nations is also growing at a fast pace, encouraging the change in living styles of consumers. Due to this, consumers are more interested in consuming processed food, driving the demand for preservatives, in turn boosting the sulfur chemicals market, worldwide.

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Extensive Usage of Sulfur Chemicals in Agriculture to Fuel Global Sulfur Chemicals Market
 

Sulfur is widely utilized in the food and beverages, agricultural, medical and healthcare, and rubber industries, owing to its multi-functionality. Sulfur acts as an efficient fungicide to counter sooty blotch in crops and it can also be utilized in rubber vulcanization. Its compounds and oxide are used as agrochemicals and fertilizer on a large scale across the globe, which is the key reason for the extensive growth of this market in the global arena.

Sulfur chemicals also have widespread application in the textile industry as a component in dyes and water treatment application as treating agents. The demand for sulfur chemical from both, the textile industry and wastewater treatment, is likely to witness rapid rise on account of the growing demand for apparels as well as increasing concerns over consumption of untreated water.

Asia Pacific: Leading Sulfur Chemicals Regional Market
 

Regionally, Asia Pacific dominates the global sulfur chemicals market and is closely followed by Europe and North America. The Asia Pacific sulfur chemicals market is led by China, which is the biggest consumer of sulfur chemicals in this region. The rise in the textile as well as the paper industry in China is likely to augment the demand for sulfur chemicals further, ensuring its dominance in the near future.

On the other hand, the U.S. leads the sulfur chemicals market in North America and is followed by Mexico and Canada. Stringent regulation imposed by the U.S. government regarding water treatment is fueling the demand for sulfur chemicals, resulting in the remarkable growth of this market in this region.

Germany acquired the leading position in the Europe market for sulfur chemicals, outpacing Italy, France, and the U.K., while the sulfur chemicals market in Latin America is driven by Brazil in terms of demand. Apart from this, the markets for sulfur chemicals in the Middle East and Africa, and the Rest of the World are also expected to exhibit significant growth over the next few years.

Global Sulfur Chemicals Market: Major Players
 

Indian Oil Corp. Ltd., Solvay Chemicals, Hydrite Chemical Co., Georgia Gulf Sulfur Corp., AkzoNobel Functional Chemicals, Eastman Chemical Co., TIB Chemicals AG, ENERSUL, STEBBINS, Valero, and PVS Chemical Solutions Inc. are the major players operating in the global sulfur chemicals markets.

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