Global Carbon Disulfide Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Carbon Disulfide Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Carbon disulfide (CS2) is a colorless to light yellow organic solvent with a disagreeable odor. It is used in spectroscopy as a fumigant, insecticide, non-polar solvent, and optical dispersant. Carbon disulfide is primarily used as a raw material to manufacture various products such as cellophane carbon tetrachloride, fertilizer, and viscous rayon with functional properties such as high flammability and insolubility in water.

Market Overview:

The latest research study on the global Carbon Disulfide market finds that the global Carbon Disulfide market reached a value of USD 162.07 million in 2023. It’s expected that the market will achieve USD 781.02 million by 2029, exhibiting a CAGR of 29.97% during the forecast period.

The carbon disulfide industry value chain begins with raw material procurement and manufacturing. The main raw materials for carbon disulfide production include natural gas. The Russia-Ukraine war has greatly affected the prices of crude oil and natural gas, disrupted the relationship between supply and demand, and brought a huge supply shock to the international energy market, which has led to an increase in the cost of carbon disulfide production. In addition, industrial production involves energy consumption. Energy costs include water, electricity, oil, gas, etc. The manufacturing process of carbon disulfide also consumes a lot of energy. The war between Russia and Ukraine has led to higher energy prices, making carbon disulfide energy more expensive.

Carbon disulfide sales rely on effective distribution channels to reach target consumers. The pandemic and the Russia-Ukraine war could disrupt transportation infrastructure and cause delays or disruptions in the delivery of carbon disulfide products. In addition, geopolitical tensions may result in trade restrictions or market uncertainty, affecting the Company's ability to expand operations in certain regions or enter international markets.

Growing demand for carbon disulfide in textile industry

Viscose fiber is a kind of man-made cellulose fiber made from wood cellulose. It has the characteristics of smooth, cool, breathable, antistatic, and anti-ultraviolet. It is suitable for clothing, textiles, assembly and other fields. Carbon disulfide is one of the indispensable chemical raw materials in the production of viscose fiber. After the raw material pulp of viscose fiber reacts with liquid alkali, alkali cellulose is generated, and carbon disulfide reacts with this substance to generate viscose fiber. Viscose fiber includes viscose staple fiber and viscose filament, of which viscose staple fiber accounts for more than 90% of the total viscose fiber output. Viscose staple fiber is a man-made fiber closer to cotton. It has natural properties, is safe and environmentally friendly. In terms of moisture absorption, dyeability, fabric comfort and drape, the moisture absorption capacity of viscose staple fiber is as high as 13-15%, which is 6-7% higher than cotton fiber. The dyeability of viscose staple fiber is also better than that of cotton fiber. Moreover, viscose staple fiber feels soft, plump and smooth, with excellent drape and silky luster. Therefore, there is a certain substitution relationship between viscose staple fiber and cotton fiber. Viscose staple fiber is a high-quality raw material for the production of non-woven fabrics. The main downstream products include medical protective products, facial masks, skin-friendly daily necessities, textiles for the elderly and children, high-performance cleaning cloths, etc. The future market capacity of viscose staple fiber is relatively broad. Viscose filament has the advantages of soft hand feeling, strong moisture absorption and breathability, bright dyeing, smoothness, good drape, and antistatic properties. It is one of the better substitutes for natural fibers cotton and silk. Viscose filament can be used to produce high-end silk fabrics and high-end high-quality fabrics, and is widely favored by consumers in developed countries, the Middle East, Southeast Asia and other regions. With the continuous improvement of people's living standards and the emphasis on health and environmental protection, consumers' demand for mid-to-high-end fabrics, especially healthy and environmentally friendly fabrics, has increased, and the market demand for viscose fiber is increasing. As a key raw material for viscose fiber, carbon disulfide will continue to develop.

Region Overview:

In 2022, the share of the Carbon Disulfide market in China stood at 45.47%.

Company Overview:

Shanghai Baijin Chemical Group Co is one of the major players operating in the Carbon Disulfide market, holding a share of 24.98% in 2023.

Segmentation Overview:

Among different product types, Natural Gas Method Carbon Disulfide segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Textile segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Carbon Disulfide market covered in Chapter 3:

Shanghai Baijin Chemical Group Co
UPL-Ltd
Ziguang Chemical
Volzhsky Orgsynthese
Nouryon
Chemtrade Logistics
Bluestar Adisseo Co., Ltd.
Arkema Group
Liaoning Ruixing Chemical Group Co.,Ltd.

In Chapter 4 and Chapter 14.2, on the basis of types, the Carbon Disulfide market from 2019 to 2030 is primarily split into:

Natural Gas Method Carbon Disulfide
Coke Method Carbon Disulfide

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Carbon Disulfide market from 2019 to 2030 covers:

Industrial Solvent
Rubber Additives
Agriculture
Packaging
Textile

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)