Market Summary: The global carbon disulfide market had a value of USD 1.3 billion in 2022 and is anticipated to reach USD 1.89 billion by 2032, exhibiting a robust compound annual growth rate (CAGR) of 3.8% during the forecast period. The growth is attributed to increased industrial applications, rising demand from the agriculture sector, and advancements in production processes.

Carbon Disulfide Usage in Various Industries: Carbon disulfide is extensively utilized in industries such as rubber, textiles, and pharmaceuticals. In the rubber industry, it serves as a solvent to enhance the durability and flexibility of synthetic rubber. In textiles, it is employed in the production of viscose fibers used in clothing and home textiles. The demand for comfortable and aesthetically pleasing textiles further drives market growth.

The agriculture sector relies on carbon disulfide for soil fumigation, acting as a pesticide against soil-borne diseases, nematodes, and weeds, supporting agricultural productivity and food security efforts. The automotive industry's growth and the need for high-quality tires are additional factors contributing to market expansion, with a focus on eco-friendly and sustainable production methods.

Get a sample copy of the Carbon Disulfide Market report: https://www.reportsanddata.com/download-free-sample/7714

Challenges and Restraints: However, the handling and exposure risks associated with carbon disulfide, given its high volatility and flammability, pose a challenge, necessitating strict safety measures. Stringent regulations for worker safety and environmental protection also limit revenue growth.

Key Insights by Product Type: The market categorizes carbon disulfide into industrial grade and pharmaceutical grade. Industrial grade carbon disulfide is prominent, used widely across industries for its solvency properties, cost-effectiveness, and compatibility with other compounds. On the other hand, pharmaceutical grade carbon disulfide is growing steadily, driven by pharmaceutical research, development, and quality standards.

Key Insights by End-Use: The end-use segments include chemicals, agriculture, pharmaceuticals, and others. Chemicals stand out, employing carbon disulfide as a vital solvent and raw material in manufacturing processes. In agriculture, it is used as a soil fumigant and pesticide to improve crop yield and quality. The pharmaceutical sector uses it in the synthesis of pharmaceutical intermediates and active pharmaceutical ingredients.

Regional Dynamics: The Asia Pacific region leads in market revenue share, driven by rapid industrialization in countries like China and India. North America is projected to have the fastest CAGR due to the adoption of energy-efficient policies and the demand for carbon disulfide in air conditioning and cooling systems. Europe experiences moderate growth, mainly fueled by the industrial and food and beverage industries in the UK.

Competitive Landscape: The global carbon disulfide market is concentrated, with major players including Akzo Nobel N.V., Arkema S.A., BASF SE, Dow Inc., Evonik Industries AG, Merck KGaA, Mitsubishi Chemical Corporation, and others. These companies engage in strategic developments, including plant expansions and new product launches, to meet the growing demand.

Report Parameters:

• Market size in 2022: USD 1.3 billion
• CAGR (2022 - 2032): 3.8%
• Revenue forecast in 2032: USD 1.89 billion
• Base year for estimation: 2022
• Historical data: 2020-2021
• Forecast period: 2022-2032
• Quantitative units: Revenue in USD billion
• Report coverage: Revenue forecast, company ranking, competitive landscape, growth factors, and trends
• Segments covered: Product Type Outlook, End-Use Outlook, Regional Outlook
• Product Types: Industrial Grade, Pharmaceutical Grade
• End-Use: Chemicals, Agriculture, Pharmaceuticals, Others
• Regional scope: North America, Europe, Asia Pacific, Latin America, Middle East & Africa
• Key companies profiled: Akzo Nobel N.V., Arkema S.A., BASF SE, Dow Inc., Evonik Industries AG, Merck KGaA, Mitsubishi Chemical Corporation, Sinopec Shanghai Petrochemical Company Limited, Solvay S.A., Sumitomo Chemical Co. Ltd, Toray Industries Inc.
• Customization scope: 10 hours of free customization and expert consultation.

Explore Trending Reports:

Green Hydrogen Market-https://www.reportsanddata.com/report-detail/green-hydrogen-market

Retort Packaging Market-https://www.reportsanddata.com/report-detail/retort-packaging-market

Downhole Tools Market-https://www.reportsanddata.com/report-detail/downhole-tools-market

Grinding Aids For Cement Market-https://www.reportsanddata.com/report-detail/grinding-aids-for-cement-market

Sprinkler Irrigation Systems Market-https://www.reportsanddata.com/report-detail/sprinkler-irrigation-systems-market

Request a customization of the report: https://www.reportsanddata.com/request-customization-form/7714

Thank you for reading our report. To know more about the customization or any query about the report contents, please connect with us and our team will ensure the report is tailored to meet your requirements.

About Reports and Data    

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behaviour shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

John W

(Head of Business Development)

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

Blogs | Press Release | Industry News | Our competencies

Browse More Upcoming Reports @ https://www.reportsanddata.com/upcoming-reports

Browse More Latest Reports @ https://www.reportsanddata.com/report

Browse Latest Blogs: https://www.reportsanddata.com/blogs

Browse Latest Press Release: https://www.reportsanddata.com/press-release