市場調查報告書
商品編碼
568519

全球硫磺市場:成長,趨勢,及預測(2020年∼2025年)

Sulfur Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

出版日期: | 出版商: Mordor Intelligence Pvt Ltd | 英文 120 Pages | 商品交期: 2-3個工作天內

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  • 全貌
  • 簡介
  • 目錄
簡介

全球硫磺市場在預測期間內預計將以超越3%的年複合成長率成長。帶動該市場成長的主要原因,是肥料製造部門的需求增加和橡膠硫化用硫磺的使用增加。另一方面,排放量相關嚴苛的環境法規,預計妨礙該市場的成長。

本報告提供全球硫磺市場的相關調查,市場機會和趨勢,成長及阻礙因素,各終端用戶產業、地區的市場分析,競爭情形,主要企業的簡介等資訊。

目錄

第1章 簡介

  • 調查成果
  • 調查的前提條件
  • 調查範圍

第2章 調查方法

第3章 摘要整理

第4章 市場動態

  • 成長要素
    • 來自肥料製造部門的需求高漲
    • 石油精製廠房的生產能力增加
    • 橡膠硫化用硫磺的使用增加
  • 阻礙因素
    • 排放相關嚴苛的環境法規
  • 產業的價值鏈分析
  • 波特的五力分析
    • 供應商談判力
    • 消費者談判力
    • 新加入廠商的威脅
    • 替代產品及服務的威脅
    • 產業內的競爭
  • 生產流程分析
    • Frasch法
    • Claus法
    • 來自黃鐵礦的硫磺
    • 來自礦石的硫磺

第5章 市場區隔

  • 各終端用戶產業
    • 肥料
    • 化學處理
    • 金屬製造
    • 橡膠加工
    • 其他
  • 各地區
    • 亞太地區
    • 北美
    • 歐洲
    • 南美
    • 中東、非洲

第6章 競爭情形

  • 合併、收購,合資企業,合作,及契約
  • 市場佔有率分析
  • 主要企業的採用策略
  • 企業簡介
    • Abu Dhabi National Oil Company
    • Chemtrade
    • China Petroleum & Chemical Corporation
    • Marathon Petroleum Company LLC
    • Gazprom
    • Oxbow Corporation
    • PVS Chemicals
    • Qatar Petroleum
    • Royal Dutch Shell PLC
    • Tengizchevroil LLP
    • The Saudi Arabian Oil Company
    • Valero Marketing and Supply Company

第7章 市場機會及今後趨勢

  • 隨著SSP的減少,磷酸生產增加
  • 在醫療保健部門的皮膚護理的申請
  • 水泥聚合物混凝土中硫磺的使用
目錄
Product Code: 52656

The sulfur market size was estimated at 61.88 million metric ton in 2020, and the market is expected to register a CAGR of more than 5% during the forecast period (2021-2026).

Due to COVID-19, there has been a disruption in the supply of sulfur and a decline in the demand from multiple end-user industries, such as metal manufacturing and chemical processing. Moreover, the COVID-19 outbreak has completely disrupted the manufacturing and supply chains of fertilizers, which may hamper the market in the short term. However, the condition is expected to recover, which will restore the growth trajectory of the market studied during the latter half of the forecast period.

Key Highlights

  • Over the short term, major factors driving the growth of the sulfur market are the rising demand from the fertilizer manufacturing sector and the increasing usage of sulfur for the vulcanization of rubber.
  • On the flip side, stringent environmental regulations regarding emissions are expected to hinder market growth.
  • Usage of sulfur in cement polymer concrete is expected to act as an opportunity in the future.
  • Asia-Pacific dominated the global market, with the largest consumption in terms of volume and value. The market is expected to witness substantial growth during the forecast period.

Key Market Trends

Increasing Demand from Chemical Processing

  • Among the end-user industries, chemical processing is estimated to be the largest market and accounted for approximately 90% of the global sulfur market in 2019.
  • About 90% of sulfur produced or extracted is used to make sulfur dioxide, which is then converted to sulfuric acid. The majority of the acid is used in the production of phosphate fertilizers, which is a crucial component of the food and beverage industry.
  • Increasing agricultural output globally is increasing the demand for sulphuric acid in the global market. By 2026, calorie availability is projected to reach 2,450 kcal per day on average in least-developed countries and exceed 3,000 kcal per day in other developing countries. This is expected to increase the demand for agricultural crops in the global market, which, in turn, may increase the demand for phosphate fertilizers, thus, driving up the demand for sulfur in chemical manufacturing.
  • Increasing crop prices have resulted in increasing demand for fertilizers. Additionally, favorable weather has also increased the demand for fertilizers in major agricultural regions.
  • Such positive factors are expected to drive the sulfur market through the forecast period.

Asia-Pacific Region is Expected to Dominate the Market

  • Asia-Pacific dominated the market, owing to the growing demand for sulfur in fertilizer and rubber processing from countries such as China, India, etc.
  • China is the leading global producer of sulfur in all forms. China is the world's leading producer of pyrites (source), which account for more than 50% of sulfur in all forms. The country is the leading sulfur importer, representing about 35% of the global imports, the bulk of which is used to manufacture sulfuric acid.
  • China is accelerating its oil and gas exploration activities due to the country's growing energy security concerns. Currently, the country imports 70% of the crude oil that it refines. In addition, the state firms are facing an arduous battle in order to enhance the reserves and production outside the country amid growing geopolitical jeopardies. Hence, the country is welcoming foreign and private companies to conduct oil and gas exploration and production in the region.
  • According to the Ministry of Natural Resources, from May 1, 2020, foreign firms registered in China with net assets no lower than CNY 300 million (USD 43m) may be allowed to take part in oil and gas exploration and production, thus, leading to a significant increase in sulfur production capacity.
  • Fertilizer production consumes about two-thirds of the sulfuric acid used in China. In the fertilizer industry, secondary fertilizers include calcium, magnesium, and sulfur. Yara China Limited and Nutrien Ltd are some of the companies that offer products related to secondary fertilizers.
  • Additionally, oil palm, rubber, and sugarcane account for almost 95% of ASEAN fertilizers demand. Plantations are expected to be the main driver for the fertilizer demand growth in the next few years, and in turn, this may drive the sulfur market.
  • About one-third of total global rubber consumption is natural rubber produced in plantations in Thailand, Indonesia, and Malaysia. Thailand is one of the largest producers and exporters of natural rubber globally.
  • The aforementioned factors are contributing to the increasing demand for sulfur consumption in the region.

Competitive Landscape

The sulfur market is fragmented in nature, and the top five manufacturers occupy around 30% of the market. The major companies include China Petrochemical Corporation (China Petroleum & Chemical Corporation), Gazprom, The Saudi Arabian Oil Company, Abu Dhabi National Oil Company, and Tengizchevroil LLP, among others.

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Rising Demand from the Fertilizer Manufacturing Sector
    • 4.1.2 Capacity Expansion of Petroleum Refining Plants
    • 4.1.3 Increasing Usage of Sulfur for Vulcanization of Rubber
  • 4.2 Restraints
    • 4.2.1 Stringent Environmental Regulations Regarding Emissions
    • 4.2.2 Impact of COVID-19
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition
  • 4.5 Production Process Analysis

5 MARKET SEGMENTATION (Market Size by Volume)

  • 5.1 End-user Industry
    • 5.1.1 Fertilizer
    • 5.1.2 Chemical Processing
    • 5.1.3 Metal Manufacturing
    • 5.1.4 Rubber Processing
    • 5.1.5 Other End-user Industries
  • 5.2 Geography
    • 5.2.1 Asia-Pacific
      • 5.2.1.1 China
      • 5.2.1.2 India
      • 5.2.1.3 Japan
      • 5.2.1.4 South Korea
      • 5.2.1.5 ASEAN Countries
      • 5.2.1.6 Rest of Asia-Pacific
    • 5.2.2 North America
      • 5.2.2.1 United States
      • 5.2.2.2 Canada
      • 5.2.2.3 Mexico
    • 5.2.3 Europe
      • 5.2.3.1 Germany
      • 5.2.3.2 United Kingdom
      • 5.2.3.3 Italy
      • 5.2.3.4 France
      • 5.2.3.5 Russia
      • 5.2.3.6 Rest of Europe
    • 5.2.4 South America
      • 5.2.4.1 Brazil
      • 5.2.4.2 Argentina
      • 5.2.4.3 Rest of South America
    • 5.2.5 Middle-East and Africa
      • 5.2.5.1 Saudi Arabia
      • 5.2.5.2 South Africa
      • 5.2.5.3 Rest of Middle-East and Africa

6 COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Ranking Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 Abu Dhabi National Oil Company
    • 6.4.2 Chemtrade
    • 6.4.3 China Petrochemical Corporation
    • 6.4.4 Marathon Petroleum Company LLC
    • 6.4.5 National Est. for Agricultural and Industrial Sulfur
    • 6.4.6 Gazprom
    • 6.4.7 Oxbow Corporation
    • 6.4.8 PVS Chemicals
    • 6.4.9 Qatar Petroleum
    • 6.4.10 Royal Dutch Shell PLC
    • 6.4.11 Tengizchevroil LLP
    • 6.4.12 The Saudi Arabian Oil Company

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Phosphoric Acid Production to Increase with the Reduction of SSP
  • 7.2 Application in the Healthcare Sector for Skin Treatment
  • 7.3 Usage of Sulfur in Cement Polymer Concrete