Carbon Disulfide

Carbon Disulfide

Global Carbon Disulfide Market to Reach US$224.1 Million by 2030

The global market for Carbon Disulfide estimated at US$175.0 Million in the year 2023, is expected to reach US$224.1 Million by 2030, growing at a CAGR of 3.6% over the analysis period 2023-2030. Textile End-Use, one of the segments analyzed in the report, is expected to record a 4.3% CAGR and reach US$69.3 Million by the end of the analysis period. Growth in the Industrial End-Use segment is estimated at 3.5% CAGR over the analysis period.

The U.S. Market is Estimated at US$26.1 Million While China is Forecast to Grow at 4.9% CAGR

The Carbon Disulfide market in the U.S. is estimated at US$26.1 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$37.3 Million by the year 2030 trailing a CAGR of 4.9% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.2% and 3.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.0% CAGR.

Global Carbon Disulfide Market - Key Trends & Drivers Summarized

Carbon disulfide (CS2) is a volatile and highly flammable liquid that is widely used in various industrial applications. It is primarily utilized as a solvent in the production of cellulose-based products, such as rayon and cellophane, and as an intermediate in the synthesis of chemicals like carbon tetrachloride and rubber accelerators. Carbon disulfide is also used in the extraction of oils and fats from seeds and as a fumigant in agriculture. Due to its toxic and hazardous nature, the handling and use of carbon disulfide require stringent safety measures and regulatory compliance to prevent exposure and environmental contamination.

The market for carbon disulfide is driven by the demand from industries such as textiles, packaging, chemicals, pharmaceuticals, and agriculture. The production of rayon and other cellulose fibers is one of the largest consumers of carbon disulfide, as it is essential for dissolving cellulose and creating viscose solutions. In the chemical industry, carbon disulfide serves as a key raw material for manufacturing various chemical intermediates and rubber vulcanization agents. Additionally, the agricultural sector uses carbon disulfide for pest control and soil fumigation, although its use in this area has declined due to the availability of safer alternatives and regulatory restrictions.

The growth in the carbon disulfide market is driven by several factors. Firstly, the continued demand for cellulose-based products, particularly in the textile and packaging industries, is sustaining the need for carbon disulfide as a solvent. Secondly, the chemical industry`s reliance on carbon disulfide for producing intermediates and additives is contributing to market demand. Thirdly, advancements in production processes and safety measures are improving the handling and application of carbon disulfide, making it more viable for industrial use. Lastly, regulatory frameworks and industry standards are ensuring the safe use and disposal of carbon disulfide, mitigating environmental and health risks. These factors collectively support the ongoing demand and growth of the carbon disulfide market.

Select Competitors (Total 54 Featured) -

• Barentz North America
• Agilent Technologies, Inc.
• Arkema Group
• American Elements
• Adisseo France SAS
• GFS Chemicals, Inc.
• Alfa Aesar
• Chemtrade Logistics
• Century Rayon Ltd.
• Central Drug House (P) Ltd.
• GASTEC Corporation
• BOC Sciences
• Eurisotop
• East India Chemicals Internatinal
• Beantown Chemical Corporation (BTC)

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