Carbon Disulfide Market Insights, Size, Share, Outlook, and Report 2024-2032

The latest report by IMARC Group, titled “Carbon Disulfide Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,” offers a comprehensive analysis of the carbon disulfide market insights. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.

The global carbon disulfide market size reached USD 532.0 Million in 2023. Looking forward, IMARC Group expects the market to reach USD 681.2 Million by 2032, exhibiting a growth rate (CAGR) of 2.78% during 2024-2032.

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Carbon Disulfide Market Trends:

The global market is primarily driven by the widespread use of the product as an industrial solvent in the production of cellulose-based products such as viscose rayon and cellophane. In accordance with this, the increasing effectiveness of the chemical in the manufacture of rubber and rubber-related products, where it acts as a solvent and softening agent, is also significantly impelling the market.

Furthermore, the rising demand for carbon disulfide in the agrochemical sector, particularly in the formulation of soil fumigants, pesticides, and insecticides, is further augmenting its market growth. Additionally, the expanding pharmaceutical and chemical industries utilize the chemical as a key ingredient in synthesizing organic compounds, which is adding to its market demand. Moreover, the role of carbon disulfide in the production of carbon tetrachloride and other chemicals used in diverse industrial processes is enhancing the market appeal.

Carbon Disulfide Market Scope and Growth Analysis:

The scope of the market is expanding and is anticipated to experience steady growth due to increasing demand from the textile industry, where it is crucial in manufacturing viscose fibers and films. The market scope is further supported by the burgeoning chemical sector, which continues to innovate and utilize the chemical in synthesizing novel compounds. Furthermore, the expanding use of carbon disulfide in the mining sector, particularly for mineral processing and extraction activities, is providing significant market growth opportunities.

As per market analysis, stringent environmental regulations in certain regions are influencing market dynamics and encouraging the development of safer handling and usage practices, further expanding its market applications. The continual advancement of alternative and eco-friendly production processes is also offering potential growth avenues, especially in markets focused on sustainability and reducing chemical hazards. Additionally, the increasing investments in research to enhance the efficiency and application scope is leading to novel uses and driving market scope.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• Arkema S.A.

• GFS Chemicals Inc.

• Liaonian Ruixing Chemical Group Co. Ltd.

• Merck KGaA

• Nouryon

• Parchem Fine & Specialty Chemicals

• Shanghai Baijin Chemical Group Co. Ltd.

• Shikoku Kasei Holdings Corporation

• Tedia Company LLC

• Thermo Fisher Scientific Inc

Carbon Disulfide Market Segmentation:

Our report has categorized the market based on region, purity, application, and end user.

Purity Insights:

• Pure

• Impure

Application Insights:

• Rayon

• Rubber

• Cleaning Carbon Nanotubes

• Perfumes

• Cellophane

• Others

End User Insights:

• Pharmaceuticals

• Agriculture

• Packaging

• Textile

• Cosmetics

• Others

Regional Insights:

• North America (USA, Canada)

• Europe (Germany, France, UK, Italy, Spain, Russia, others)

• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, others)

• Middle East/Africa

• Latin America (Brazil, Mexico, others)

Key Highlights of the Report:

• Market Performance (2018-2023)

• Market Outlook (2024-2032)

• Porter’s Five Forces Analysis

• Market Drivers and Success Factors

• SWOT Analysis

• Value Chain

• Comprehensive Mapping of the Competitive Landscape

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IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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