Global Insoluble Sulfur Market for Automotive Sector - Industry Trends and Forecast to 2030
The global insoluble sulfur market for automotive sector is expected to reach USD 827,600.45 thousand by 2030 from USD 553,524.04 thousand in 2022, growing at a CAGR of 5.2% during the forecast period of 2023 to 2030.
Market Segmentation
Global Insoluble Sulfur Market for Automotive Sector, By Grade (Regular Grades, High Dispersion Grades, High Stability Grades, and Special Grades), Product (Oil-Filled Insoluble Sulfur, and Non-Oil Filled Insoluble Sulfur), Application (Tire and Non-Tire), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Poland, Spain, Romania, Portugal, France, Czech Republic, U.K., Italy, Hungary, Netherlands, Rest of Europe, Japan, China, India, South Korea, Australia & New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, and Rest of Middle East and Africa) - Industry Trends and Forecast to 2030
Overview of Global Insoluble Sulfur Market For Automotive Sector DynamicsDriver
• Worldwide increase in the number of on-road vehicles utilization
Restraint
• Volatility in raw material prices affects the cost of products
Opportunity
• New product innovation and increasing R&D activities
Market Players
Some of the major market players operating in the global insoluble sulfur market for automotive sector are:• Grupa Azoty
• SHIKOKU CHEMICALS CORPORATION (a subsidiary of SHIKOKU KASEI HOLDINGS CORPORATION)
• FLEXSYS
• Lions Industries s.r.o
• China Sunsine Chemical Holdings
• Oriental Carbon and Chemicals Limited
• LANXESS
• Joss Elastomers & Chemical
• SANSHIN CHEMICAL INDUSTRY CO.,LTD.
• Leader Technologies Co., Ltd
• WUXI HUASHENG RUBBER TECHNICAL CO., LTD
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