Elemental Sulfur Market: Agrochemicals Application Segment Projected to Record Highest Incremental $ Opportunity Throughout the Forecast Period: Global Industry Analysis 2012 - 2016 and Opportunity Assessment 2017 - 2027
- Chemicals & Materials
- No. of Pages: 224
- Published: 2017-07-19
- Report Code: REP-GB-3957
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Format:
An Incisive, In-depth Analysis on the Elemental Sulfur Market
This study offers a comprehensive, 360 degree analysis on the Elemental Sulfur market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Elemental Sulfur market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Agrochemicals and Chemicals & Petroleum Refining application segments will witness significant growth throughout the forecast period
In terms of application of elemental sulphur, the Agrochemicals segment dominates the global market and is estimated to represent around US$ 3,000 Mn or more than 50% share of the total market in 2017. The Agrochemicals segment is expected to reach a market valuation in excess of US$ 4,000 Mn by 2027 end, expanding at a CAGR of 3.1% in terms of value over the forecast period. Consumption of elemental sulphur for agrochemical applications, especially in phosphate fertilisers, is expected to grow steadily throughout the forecast period. The segment is anticipated to represent a market attractiveness index of 3.2 over the forecast period. Increasing phosphate fertiliser consumption and production along with new capacity addition across the globe is expected to boost the demand for elemental sulphur. The Chemical & Petroleum Refining application segment is estimated to account for a little under 25% revenue share of the global elemental sulphur market by 2017 end and is expected to gain 120 BPS in its market share by 2027 over 2017.
Increasing demand for elemental sulphur in agricultural products is expected to drive global market growth
China and India are the most populated countries in the world and as a result, there is a rapidly increasing demand for food and agricultural products in these nations. This creates a necessity to produce maximum yield with the available agricultural land. The demand for fertilisers is escalating to sustain the increase in food production. In APEJ, China and India are the major consumer markets for fertilisers. The two countries together accounted for over 55% share in the global fertiliser market in terms of consumption in 2015. Thus rising demand for fertilisers coupled with an increase in the production of fertilisers in the APEJ region will result in an increase in demand for elemental sulphur over the forecast period.
Sulphuric acid finds application in the production of various metals such as copper, zinc and nickel. Among these, the production of copper dominates the sulphuric acid market in terms of consumption in the mining application. This rise in production of metals in the North America region, especially in the U.S. has significantly impacted the consumption of sulphuric acid for the leaching of metals from their oxide ores. A growing use of elemental sulphur in the mining operation is creating a positive impact on the global elemental sulphur market.
Around 90% of elemental sulphur produced is utilised for the production of sulphuric acid, which finds applications in chemicals, petroleum refining, automobile batteries and metal leaching, among others. Within the chemicals industry, increasing consumption of sulphuric acid for waste water treatment, ph control and other applications will help drive the demand for elemental sulphur, thereby boosting revenue growth of the global market.
The use of elemental sulphur for agrochemicals is projected to remain lucrative both in terms of market share and CAGR index in Europe
The use of elemental sulphur for agrochemicals is expected to remain dominant throughout the forecast period in Western Europe. The mining and metallurgy application segment is expected to hold a relatively small share and expand at a low CAGR as compared to other application segments. In Eastern Europe, the paper and pulp application segment is also projected to create significant growth opportunities during the course of the decade. Moreover, applications such as chemicals and petroleum refining and rubber and plastics are also projected to remain lucrative over the forecast period.
Our new report “Elemental Sulphur Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment, 2017-2027” throws light on the long-term strategies adopted by key players in the global elemental sulphur market. Leading suppliers of elemental sulphur are channelizing efforts towards developing partnerships with end users such as fertiliser manufacturers, in order to better address the demand and specific requirements in the market. Development of long-term partnerships with supply chain participants seems to be a tried and tested strategy adopted by players in this market. According to our analysts, a large part of global elemental sulphur output is obtained as a by-product from oil and gas sources. Efforts on the part of oil & gas producers towards improving efficiency and efficacy of desulphurization have been witnessed in the recent past in order to reduce the overall operational cost and ensure profitability during times of lower selling prices. The APEJ region is a key market that accounts for a large share in the global elemental sulphur market. The market in APEJ is likely to register a relatively high CAGR over the assessment period and is anticipated to represent high growth opportunities in the global elemental sulphur market owing to sustained demand from the growing end-use industries in the region coupled with the shifting of manufacturing bases to China.
We have also observed that GDP growth is estimated to have a moderate impact on market growth, while consumption of fertilisers especially phosphate fertilisers is projected to have a strong impact on the global elemental sulphur market. On a similar note, the production of sulphuric acid, which is the primary application of elemental sulphur is predicted to have a strong impact on market growth. Our report provides a brief information on natural gas that is more efficient and cleaner as compared to conventional fuels such as coal and petroleum products and finds widespread use in industrial and energy related applications.
Report Description
In this report, we have focussed on highlighting the numerous developments that are likely to take place in the global elemental sulphur market in the coming decade. Our analysts have studied the market extensively and have identified the various drivers, restraints, and trends that are expected to influence the global elemental sulphur market during the forecast period and consequently the business operations of the leading as well as second-in-line players functioning in the global elemental sulphur market. Through extensive research, our analysts have studied how the different market dynamics are likely to impact the current environment and future scenario of the global elemental sulphur market, thereby providing useful insights to market players to plan their differentiating strategies capable of evolving with the changing market landscape.
Research Methodology
We have adopted a systematic research approach while inspecting this market in detail. In-depth secondary research is used to arrive at the overall market size, top industry players, top products and industry associations. Our analysts have formulated a detailed discussion guide in order to conduct expert and in-depth interviews with industry experts, key market players, distributors and retailers. Data thus acquired is validated using the triangulation method, wherein primary and secondary research data along with Future Market Insights’ analysis contributes to the final gathered data. We have also analysed the various companies’ annual reports, investor presentations, SEC filings and press releases extensively to fetch substantial information pertaining to the market size, trends, opportunities, drivers and restraints.
Market Segmentation
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Elemental Sulfur Market Reports - Table of Contents
15. Research Methodology
16. Assumption and Acronym
Elemental Sulfur Market Reports - List of Tables
Table 01: Global Elemental Sulphur Market Size (US$ Mn) and Volume ('000 Tonnes) Forecast By Region, 2012 – 2027
Table 02: Global Elemental Sulphur Production, Consumption, Import & Export Volume ('000 Tonnes) - 2012-2016
Table 03: Global Elemental Sulphur Market Size (US$ Mn) and Volume ('000 Tonnes) Forecast By Application, 2012 – 2027
Table 04: APEJ Elemental Sulphur Market Size (US$ Mn) and Volume (‘000 Tonnes) Forecast By Country, 2012 – 2027
Table 05: APEJ Elemental Sulphur Market Size (US$ Mn) and Volume (‘000 Tonnes) Forecast By Application, 2012 – 2027
Table 06: APEJ Elemental Sulphur Market Production Volume (‘000 Tonnes) Forecast by Source, 2015–2024
Table 07: APEJ Elemental Sulphur Production, Consumption, Import & Export Volume ('000 Tonnes) - 2012-2016
Table 08: North America Elemental Sulphur Market Size (US$ Mn) and Volume (‘000 Tonnes) Forecast by Country, 2012 – 2027
Table 09: North America Elemental Sulphur Market Size (US$ Mn) and Volume (‘000 Tonnes) Forecast by Application, 2012 – 2027
Table 10: North America Elemental Sulphur Market Production Volume (‘000 Tonnes) Forecast by Source, 2015–2024
Table 11: North America Elemental Sulphur Production, Consumption, Import & Export Volume ('000 Tonnes) - 2012-2016
Table 12: Latin America Elemental Sulphur Market Size (US$ Mn) and Volume (‘000 Tonnes) Forecast by Country, 2012 – 2027
Table 13: Latin America Elemental Sulphur Market Size (US$ Mn) and Volume (Tonnes) Forecast by Application, 2012 – 2027
Table 14: Latin America Elemental Sulphur Market Production Volume (‘000 Tonnes) Forecast by Source, 2015–2024
Table 15: Latin America Elemental Sulphur Production, Consumption, Import & Export Volume ('000 Tonnes) - 2012-2016
Table 16: Western Europe Elemental Sulphur Market Size (US$ Mn) and Volume (‘000 Tonnes) Forecast by Country, 2012 – 2027
Table 17: Western Europe Elemental Sulphur Market Size (US$ Mn) and Volume ('000 Tonnes) Forecast by Application, 2012 – 2027
Table 18: Western Europe Elemental Sulphur Market Production Volume (‘000 Tonnes) Forecast by Source, 2015–2024
Table 19: Western Europe Elemental Sulphur Production, Consumption, Import & Export Volume ('000 Tonnes) - 2012-2016
Table 20: Eastern Europe Elemental Sulphur Market Size (US$ Mn) and Volume (‘000 Tonnes) Forecast By Country, 2012 – 2027
Table 21: Eastern Europe Elemental Sulphur Market Size (US$ Mn) and Volume ('000 Tonnes) Forecast By Application, 2012 – 2027
Table 22: Eastern Europe Elemental Sulphur Market Production Volume (‘000 Tonnes) Forecast by Source, 2015–2024
Table 23: Eastern Europe Elemental Sulphur Production, Consumption, Import & Export Volume ('000 Tonnes) - 2012-2016
Table 24: Japan Elemental Sulphur Market Size (US$ Mn) and Volume (‘000 Tonnes) Forecast By Application, 2012 – 2027
Table 25: Japan Elemental Sulphur Market Production Volume (‘000 Tonnes) Forecast by Source, 2015–2024
Table 26: Japan Elemental Sulphur Production, Consumption, Import & Export Volume ('000 Tonnes) - 2012-2016
Table 27: MEA Elemental Sulphur Market Size (US$ Mn) and Volume (‘000 Tonnes) Forecast By Country, 2012 – 2027
Table 28: MEA Elemental Sulphur Market Size (US$ Mn) and Volume (‘000 Tonnes) Forecast By Application, 2012 – 2027
Table 29: MEA Elemental Sulphur Market Production Volume (‘000 Tonnes) Forecast by Source, 2015–2024
Table 30: MEA Elemental Sulphur Production, Consumption, Import & Export Volume ('000 Tonnes) - 2012-2016
Elemental Sulfur Market Reports - List of Figures
Figure 01: Global Elemental Sulphur Market Size (US$ Mn) and Volume (‘000 Tonnes) Analysis, 2012-2016
Figure 02: Global Elemental Sulphur Market Size (US$ Mn) and Volume (‘000 Tonnes) Analysis, 2017-2027
Figure 03: Production-Consumption and Gap Assessment, 2012-2027
Figure 04: Marine Fuel Sulphur Permissible Limits (sulphur cap)
Figure 05: World Natural Gas Consumption and Forecast (Tcf), 2012-2027
Figure 06: Global Sulphuric Acid Production, by Region – 2016A
Figure 07: Global Sulphuric Acid Production (Mn Tonnes), 2012-2027
Figure 08: Global Fertilizer Nutrients Consumption (Mn Tonnes) - 2010-2017
Figure 09: Global Elemental Sulphur Market Share and BPS Analysis By Region – 2012, 2017 & 2027
Figure 10: Global Elemental Sulphur MarketY-o-Y Growth (%) By Region, 2016–2027
Figure 11: Global Elemental Sulphur Market Absolute $ Opportunity (US$ Mn), 2016–2027, by Region
Figure 12: Global Elemental Sulphur Market Attractiveness Analysis By Region, 2017–2027
Figure 13: Global Elemental Sulphur Market Share and BPS Analysis By Application – 2012, 2017 & 2027
Figure 14: Global Elemental Sulphur MarketY-o-Y Growth (%) By Application, 2016–2027
Figure 15: Global Elemental Sulphur Market Absolute $ Opportunity (US$ Mn), 2016–2027, by Application
Figure 16: Global Elemental Sulphur Market Attractiveness Analysis By Application, 2017–2027
Figure 17: APEJ Elemental Sulphur Market Value Share by Country, 2016
Figure 18: APEJ Elemental Sulphur Market Value Share by Application, 2016
Figure 19: APEJ Elemental Sulphur Production by Source, 2016
Figure 20: APEJ Elemental Sulphur Market Value (US$ Mn) and Volume (‘000 Tonnes) Forecast, 2017 & 2027
Figure 21: APEJ Historical Elemental Sulphur Market Size and Volume Analysis, 2012-2016
Figure 22: APEJ Current and Future Elemental Sulphur Market Size and Volume Analysis, 2017-2027
Figure 23: APEJ Elemental Sulphur Market Share and BPS Analysis By Country– 2012, 2017 & 2027
Figure 24: APEJ Elemental Sulphur Market Attractiveness Analysis By Country, 2017 - 2027
Figure 25: APEJ Elemental Sulphur Market Absolute $ Opportunity (US$ Mn), 2016–2027, by Country
Figure 26: APEJ Elemental Sulphur Market Share and BPS Analysis By Application – 2012, 2017 & 2027
Figure 27: APEJ Elemental Sulphur Market Attractiveness By Application, 2012 - 2027
Figure 28: APEJ Elemental Sulphur: Production by Source – 2012-2017, 2022, 2027
Figure 29: APEJ Elemental Sulphur: Historical Supply-Demand – 2012-2016
Figure 30: North America Elemental Sulphur Market Value Share by Country, 2016
Figure 31: North America Elemental Sulphur Market Value Share by Application, 2016
Figure 32: North America Elemental Sulphur Production by Source, 2016
Figure 33: North America Elemental Sulphur Market Value (US$ Mn) and Volume (Tonnes) Forecast, 2017 & 2027
Figure 34: North America Historical Elemental Sulphur Market Size and Volume Analysis, 2012-2016
Figure 35: North America Current and Future Elemental Sulphur Market Size and Volume Analysis, 2017-2027
Figure 36: North America Elemental Sulphur Market Share and BPS Analysis by Country– 2012, 2017 & 2027
Figure 37: North America Elemental Sulphur Market Attractiveness Analysis by Country, 2012 - 2027
Figure 38: North America Elemental Sulphur Market Absolute $ Opportunity (US$ Mn), 2016–2027, by Country
Figure 39: North America Elemental Sulphur Market Share and BPS Analysis by Application – 2012, 2017 & 2027
Figure 40: North America Elemental Sulphur Market Attractiveness by Application, 2012 - 2027
Figure 41: North America Elemental Sulphur: Production by Source – 2012-2017, 2022, 2027
Figure 42: North America Elemental Sulphur: Historical Supply-Demand – 2012-2016
Figure 43: Latin America Elemental Sulphur Market Value Share by Country, 2016
Figure 44: Latin America Elemental Sulphur Market Value Share by Application, 2016
Figure 45: Latin America Elemental Sulphur Production by Source, 2016
Figure 46: Latin America Elemental Sulphur Market Value (US$ Mn) and Volume (Tonnes) Forecast, 2017 & 2027
Figure 47: Latin America Historical Elemental Sulphur Market Size and Volume Analysis, 2012-2016
Figure 48: Latin America Current and Future Elemental Sulphur Market Size and Volume Analysis, 2017-2027
Figure 49: Latin America Elemental Sulphur Market Share and BPS Analysis by Country– 2012, 2017 & 2027
Figure 50: Latin America Elemental Sulphur Market Attractiveness Analysis by Country, 2017-2027
Figure 51: Latin America Elemental Sulphur Market Absolute $ Opportunity (US$ Mn), 2016–2027, by Country
Figure 52: Latin America Elemental Sulphur Market Share and BPS Analysis by Application – 2012, 2017 & 2027
Figure 53: Latin America Elemental Sulphur Market Attractiveness by Application, 2012 - 2027
Figure 54: Latin America Elemental Sulphur: Production by Source – 2012-2017, 2022, 2027
Figure 55: Latin America Elemental Sulphur: Historical Supply-Demand – 2012-2016
Figure 56: Western Europe Elemental Sulphur Market Value Share by Country, 2016
Figure 57: Western Europe Elemental Sulphur Market Value Share by Application, 2016
Figure 58: Western Europe Elemental Sulphur Production by Source, 2016
Figure 59: Western Europe Elemental Sulphur Market Value (US$ Mn) and Volume ('000 Tonnes) Forecast, 2017 & 2027
Figure 60: Western Europe Historical Elemental Sulphur Market Size and Volume Analysis, 2012-2016
Figure 61: Western Europe Current and Future Elemental Sulphur Market Size and Volume Analysis, 2017-2027
Figure 62: Western Europe Elemental Sulphur Market Share and BPS Analysis by Country– 2012, 2017 & 2027
Figure 63: Western Europe Elemental Sulphur Market Attractiveness Analysis by Country, 2017 - 2027
Figure 64: Eastern Europe Elemental Sulphur Market Absolute $ Opportunity (US$ Mn), 2016–2027 by Country
Figure 65: Western Europe Elemental Sulphur Market Share and BPS Analysis by Application – 2012, 2017 & 2027
Figure 66: Western Europe Elemental Sulphur Market Attractiveness by Application, 2012 - 2027
Figure 67: Western Europe Elemental Sulphur: Production by Source – 2012-2017, 2022, 2027
Figure 68: Western Europe Elemental Sulphur: Historical Supply-Demand – 2012-2016
Figure 69: Eastern Europe Elemental Sulphur Market Value Share by Country, 2016
Figure 70: Eastern Europe Elemental Sulphur Market Value Share by Application, 2016
Figure 71: Eastern Europe Elemental Sulphur Production by Source, 2016
Figure 72: Eastern Europe Elemental Sulphur Market Value (US$ Mn) and Volume ('000 Tonnes) Forecast, 2017 & 2027
Figure 73: Eastern Europe Historical Elemental Sulphur Market Size and Volume Analysis, 2012-2016
Figure 74: Eastern Europe Current and Future Elemental Sulphur Market Size and Volume Analysis, 2017-2027
Figure 75: Eastern Europe Elemental Sulphur Market Share and BPS Analysis By Country– 2012, 2017 & 2027
Figure 76: Eastern Europe Elemental Sulphur Market Attractiveness Analysis By Country, 2017 - 2027
Figure 77: Eastern Europe Elemental Sulphur Market Absolute $ Opportunity (US$ Mn), 2016–2027, by Country
Figure 78: Eastern Europe Elemental Sulphur Market Share and BPS Analysis By Application – 2012, 2017 & 2027
Figure 79: Eastern Europe Elemental Sulphur Market Attractiveness By Application, 2017 - 2027
Figure 80: Eastern Europe Elemental Sulphur: Production by Source – 2012-2017, 2022, 2027
Figure 81: Eastern Europe Elemental Sulphur: Historical Supply-Demand – 2012-2016
Figure 82: Japan Elemental Sulphur Market Absolute $ Opportunity (US$ Mn), 2016–2027
Figure 83: Japan Elemental Sulphur Market Value Share by Application, 2016
Figure 84: Japan Elemental Sulphur Production by Source, 2016
Figure 85: Japan Elemental Sulphur Market Value (US$ Mn) and Volume (Tonnes) Forecast, 2017 & 2027
Figure 86: Japan Historical Elemental Sulphur Market Size and Volume Analysis, 2012-2016
Figure 87: Japan Current and Future Elemental Sulphur Market Size and Volume Analysis, 2017-2027
Figure 88: Japan Elemental Sulphur Market Share and BPS Analysis By Application – 2012, 2017 & 2027
Figure 89: Japan Elemental Sulphur Market Attractiveness By Application, 2012 - 2027
Figure 90: Japan Elemental Sulphur: Production by Source – 2012-2017, 2022, 2027
Figure 91: Japan Elemental Sulphur: Historical Supply-Demand – 2012-2016
Figure 92: MEA Elemental Sulphur Market Value Share by Country, 2016
Figure 93: MEA Elemental Sulphur Market Value Share by Application, 2016
Figure 94: MEA Elemental Sulphur Production by Source, 2016
Figure 95: MEA Elemental Sulphur Market Value (US$ Mn) and Volume (Tonnes) Forecast, 2017 & 2027
Figure 96: MEA Historical Elemental Sulphur Market Size and Volume Analysis, 2012-2016
Figure 97: MEA Current and Future Elemental Sulphur Market Size and Volume Analysis, 2017-2027
Figure 98: MEA Elemental Sulphur Market Share and BPS Analysis By Country– 2012, 2017 & 2027
Figure 99: MEA Elemental Sulphur Market Attractiveness Analysis By Country, 2017-2027
Figure 100: MEA Elemental Sulphur Market Absolute $ Opportunity (US$ Mn), 2016–2027, by Country
Figure 101: MEA Elemental Sulphur Market Share and BPS Analysis By Application – 2012, 2017 & 2027
Figure 102: MEA Elemental Sulphur Market Attractiveness By Application, 2017 - 2027
Figure 103: MEA Elemental Sulphur: Production by Source – 2012-2017, 2022, 2027
Figure 104: MEA Elemental Sulphur: Historical Supply-Demand – 2012-2016
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