The global carbon
disulfide market size is projected to reach USD 165.1 million by
2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR
of 2.4% during the forecast period. Growing demand for cellophane from the
packaging industry, coupled with rising use of the compound in production of
fertilizers, will boost market growth.
Carbon di sulfide, also known as carbon bisulfide, is
a toxic, transparent, flammable, and volatile liquid chemical. Large amounts of
this compound are used to manufacture cellophane, carbon tetrachloride, and
viscose rayon. Smaller quantities, on the other hand, are used for solvent
extraction or conversion into other chemical products, especially as a catalyst
in rubber vulcanization or agents in the flotation process of ore
concentration.
The carbon disulfide market is segmented based on
application into rubber, rayon, fibre, pharmaceutical, agriculture, and
packaging. In 2016, agriculture accounted for 13.6% of the total market
revenue, owing to large-scale adoption of the compound in fertilizers and
pesticides. The packaging application is expected to reach USD 19.79 million by
2025. Production of cellophane for the packaging industry is being carried out
on a large scale in Asia Pacific, owing to increasing demand for packaging
material. Carbon di sulfide is used extensively as an accelerator in the rubber
vulcanisation process.
Browse full research report on Carbon Disulfide Market: https://www.grandviewresearch.com/industry-analysis/carbon-disulfide-market
Further
key findings from the report suggest
- The U.S. carbon disulfide market will exhibit a 6.53% CAGR over the
forecast period in terms of volume. The slowdown in the U.S. market has
deeply impacted manufacturing activity in the country. Some estimates
suggest a sharp decline in production of rubber, pharmaceuticals, fibres,
and packaging
- The U.K. carbon disulfide market is predicted to be driven by
large-scale manufacturing activities. However, stringent legislations
against adoption of carbon disulfide could impede growth
- The China carbon disulfide market is likely to lead the global
production of cellophane for packaging and rubber.
Browse more reports of this category
by Grand View Research: https://www.grandviewresearch.com/industry/catalysts-and-enzymes
Grand
View Research has segmented the global carbon disulfide market on the basis of
application and region:
Carbon
Disulfide Application Outlook (Volume, Million Kilograms; Revenue, USD
Million, 2014 - 2025)
- Rubber
- Rayon
- Fibers
- Pharmaceuticals
- Agriculture
- Packaging
Carbon
Disulfide Regional Outlook (Volume, Million Kilograms; Revenue, USD Million,
2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- Russia
- Germany
- U.K.
- Spain
- Italy
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Central &
South America
- Brazil
- Middle East
and Africa
- United Arab
Emirates
- Saudi Arabia
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
No comments:
Post a Comment