Sulfur Market Size, Share, and Trends 2024 to 2034

The global sulfur market size was USD 10.36 billion in 2023, calculated at USD 10.73 billion in 2024 and is projected to surpass around USD 15.29 billion by 2034, expanding at a CAGR of 3.6% from 2024 to 2034.

  • Last Updated : September 2024
  • Report Code : 1206
  • Category : Chemical and Material

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Sulfur Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope

Chapter 5. COVID 19 Impact on Sulfur Market

5.1. Covid-19: Sulfur Industry Impact
5.2. Sulfur Business Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Sulfur Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for SulfurMarket Players to deal with Covid-19 Pandemic Scenario

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Growing demand from fertilizer manufacturing industries across the globe
6.1.1.2. Capacity expansion of petroleum refining plants
6.1.2. Market Restraints
6.1.2.1. Stringent environmental regulations
6.1.3. Market Opportunities
6.1.3.1. Emerging applications of sulfur

Chapter 7. Global Sulfur Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Sulfur Market Revenue by Market Players
7.1.1.2. Sulfur Market Revenue Market Share by Market Players
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Geographic Expansion, End-use Industry Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of End-users

Chapter 8. Global Sulfur Market, By End-use Industry

8.1. Sulfur Market, by End-use Industry, 2024-2034
8.1.1. Fertilizer
8.1.1.1. Market Revenue and Forecast (2021-2034)
8.1.2. Chemical Processing
8.1.2.1. Market Revenue and Forecast (2021-2034)
8.1.3. Metal Manufacturing
8.1.3.1. Market Revenue and Forecast (2021-2034)
8.1.4. Rubber Processing
8.1.4.1. Market Revenue and Forecast (2021-2034)
8.1.5. Others
8.1.5.1. Market Revenue and Forecast (2021-2034)

Chapter 9. Global Sulfur Market, Regional Estimates and Trend Forecast

9.1. North America
9.1.1. Market Revenue Forecast by End-use Industry(2021-2034)
9.1.2. U.S
9.1.2.1. Market Revenue Forecast (2021-2034)
9.1.3. Canada
9.1.3.1. Market Revenue Forecast (2021-2034)
9.2. Europe
9.2.1. Market Revenue Forecast by End-use Industry (2021-2034)
9.2.2. UK
9.2.2.1. Market Revenue Forecast (2021-2034)
9.2.3. Germany
9.2.3.1. Market Revenue Forecast (2021-2034)
9.2.4. France
9.2.4.1. Market Revenue Forecast (2021-2034)
9.2.5. Rest of EU
9.2.5.1. Market Revenue Forecast (2021-2034)
9.3. Asia Pacific (APAC)
9.3.1. Market Revenue Forecast by End-use Industry (2021-2034)
9.3.2. China
9.3.2.1. Market Revenue Forecast (2021-2034)
9.3.3. India
9.3.3.1. Market Revenue Forecast (2021-2034)
9.3.4. Japan
9.3.4.1. Market Revenue Forecast (2021-2034)
9.3.5. Rest of APAC
9.3.5.1. Market Revenue Forecast (2021-2034)
9.4. LATAM
9.4.1. Market Revenue Forecast by End-use Industry (2021-2034)
9.4.2. Brazil
9.4.2.1. Market Revenue Forecast (2021-2034)
9.4.3. Rest of LATAM
9.4.3.1. Market Revenue Forecast (2021-2034)
9.5. Middle East and Africa (MEA)
9.5.1. Market Revenue Forecast by End-use Industry (2021-2034)
9.5.2. GCC
9.5.2.1. Market Revenue Forecast (2021-2034)
9.5.3. North Africa
9.5.3.1. Market Revenue Forecast (2021-2034)
9.5.4. South Africa
9.5.4.1. Market Revenue Forecast (2021-2034)
9.5.5. Rest of MEA
9.5.5.1. Market Revenue Forecast (2021-2034)

Chapter 10. Company Profiles

10.1. Ohio Sulphur Mining Company
10.1.1. Company Overview, Business Information, Regional Presence
10.1.2. Product Portfolio Analysis
10.1.2.1. Product Details, Specification, Application
10.1.3. Revenue, Price, and Gross Margin
10.1.4. Recent Developments and Strategies
10.2. Freeport-McMoRan Sulphur L.L.C.
10.2.1. Company Overview, Business Information, Regional Presence
10.2.2. Product Portfolio Analysis
10.2.2.1. Product Details, Specification, Application
10.2.3. Revenue, Price, and Gross Margin
10.2.4. Recent Developments and Strategies
10.3. Gulf Sulphur Services Ltd., LLLP
10.3.1. Company Overview, Business Information, Regional Presence
10.3.2. Product Portfolio Analysis
10.3.2.1. Product Details, Specification, Application
10.3.3. Revenue, Price, and Gross Margin
10.3.4. Recent Developments and Strategies
10.4. Merafe Resources Ltd.
10.4.1. Company Overview, Business Information, Regional Presence
10.4.2. Product Portfolio Analysis
10.4.2.1. Product Details, Specification, Application
10.4.3. Revenue, Price, and Gross Margin
10.4.4. Recent Developments and Strategies
10.5. Abu Dhabi National Oil Company
10.5.1. Company Overview, Business Information, Regional Presence
10.5.2. Product Portfolio Analysis
10.5.2.1. Product Details, Specification, Application
10.5.3. Revenue, Price, and Gross Margin
10.5.4. Recent Developments and Strategies
10.6. Chemtrade Logistics Inc.
10.6.1. Company Overview, Business Information, Regional Presence
10.6.2. Product Portfolio Analysis
10.6.2.1. Product Details, Specification, Application
10.6.3. Revenue, Price, and Gross Margin
10.6.4. Recent Developments and Strategies
10.7. China Petroleum & Chemical Corporation
10.7.1. Company Overview, Business Information, Regional Presence
10.7.2. Product Portfolio Analysis
10.7.2.1. Product Details, Specification, Application
10.7.3. Revenue, Price, and Gross Margin
10.7.4. Recent Developments and Strategies
10.8. Enersul Limited Partnership
10.8.1. Company Overview, Business Information, Regional Presence
10.8.2. Product Portfolio Analysis
10.8.2.1. Product Details, Specification, Application
10.8.3. Revenue, Price, and Gross Margin
10.8.4. Recent Developments and Strategies
10.9. Marathon Petroleum Corporation
10.9.1. Company Overview, Business Information, Regional Presence
10.9.2. Product Portfolio Analysis
10.9.2.1. Product Details, Specification, Application
10.9.3. Revenue, Price, and Gross Margin
10.9.4. Recent Developments and Strategies
10.10. Royal Dutch Shell PLC
10.10.1. Company Overview, Business Information, Regional Presence
10.10.2. Product Portfolio Analysis
10.10.2.1. Product Details, Specification, Application
10.10.3. Revenue, Price, and Gross Margin
10.10.4. Recent Developments and Strategies

Chapter 11. Appendix

11.1. About Us
11.2. Glossary of Terms

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Frequently Asked Questions

The global sulfur market size was valued at USD 10.36 billion in 2023 and expected to hit USD 15.29 billion by 2034.

The global sulfur market is growing at a CAGR of 3.6% over forecast period 2024 to 2034.

Sulfur is solid non-metal having chemical symbol ‘S’. Naturally occurring sulfur is pale yellow in color and poor conductor of heat. Additionally, it is insoluble in the water and exists in two major crystalline forms including monoclinic sulfur and rhombic sulfur. It is odorless, colorless element with less conductor of electricity. Sulfur primarily occurs in the solid state typically at the 20°C and is the widely used chemical in commercial sectors.

The chemical processing segment accounted for the largest revenue with significant share in 2023. This is growth is due to the increasing demand for sulfur from the chemical processing industries across the globe.

In 2023, Asia Pacific dominated the global market with a market share of more than 40%.

The major companies functioning in the worldwide sulfurs are Royal Dutch Shell PLC, Gulf Sulphur Services Ltd., LLLP, Merafe Resources Ltd. Chemtrade Logistics Inc. Marathon Petroleum Corporation, Enersul Limited Partnership, Freeport-McMoRan Sulphur L.L.C. Abu Dhabi National Oil Company, Ohio Sulphur Mining Company, and China Petroleum & Chemical Corporation among others.

Sulfur is used as basic raw material in the manufacturing of match sticks, fungicides, insecticides, detergents, batteries, and black gunpowder. Sulfur plays vital role in the vulcanization of black rubber. The demand for the sulfur is growing across the globe in order to produce fertilizers.

Increasing adoption of the sulfur in agriculture industry for the manufacturing of fertilizers is major factor driving growth of the global sulfur market. In addition to this, growing demand for the sulfur based chemical elements in the commercial industries including pharmaceutical, chemical, and rubber industry is anticipated to fuel growth of the target industry over the forecast period.

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