Carbon Disulfide Market Forecast Analysis by Manufacturer, Types, Applications and Regions 2019 – 2022
10th June 2019 – Global Carbon Disulfide Market is expected to grow at a significant CAGR in the forecast period owing to the increase in demand for cellophane from packaging segment. Also known as, carbon bisulfide, carbon disulfide is a transparent, flammable, volatile and toxic liquid chemical. The chemical has wide industrial applications in manufacture, rubber rayon, cellophane, electroplating, metal rust removal, and plywood. It is also used in agriculture as a fumigant and pesticide. A significant percent of carbon disulfide occurs naturally in marshes, oceans, volcanoes, wet lands even though it is found at low concentrations as compared to industrial chemical release. Natural carbon disulfide is produced by microbes, which are adapted to low oxygen settings.
Carbon disulfide is extensively used as an accelerator in rubber vulcanization process, in manufacturing of cellophane film and viscose rayon. The chemical is a valued intermediate in chemical synthesis of carbon tetra-chloride, organosulfur compounds like xanthates, metam sodium, dithiocarbamates, which are widely used in extractive rubber and metallurgy chemistry. Carbon disulfide is also used in fumigation of airtight storage containers. The chemical has also found applications as an insecticide for the fumigation of nursery stock, grains, preserving fresh fruits and as a soil disinfectant.
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Growing demand for cellulosic fibers and cellulose from several industries are the major driving factors of carbon disulfide market. The rising cost of raw materials and the application of chemicals in the production of mining chemicals is gaining popularity and is expected to grow significantly in future. The increase in demand for rayon and other fibers from the fabric and textile industry is predicted to drive the market.
Carbon disulfide is used as solvent for sulfur, bromine, selenium, iodine, phosphorus, asphalt, resin, fats, and rubber for the cleaning of carbon nanotubes. Hence, increase in the demand for nanotubes is expected to propel demand for carbon disulfide. The rise in application of chemical in agriculture end use industry is estimated to drive demand for fumigant and insecticide, which again boosts carbon disulfide market. However, carbon disulfide is hazardous to human health, which hinders the growth of market. The chemical is claimed to have neurophysiologic changes along with behavioral changes when exposed for longer period. Environmental organizations like AIHA ERPG, EPS, NIOSH, and OSHA have imposed strict laws for exposure and utility limits of carbon disulfide in several industrial products. Moreover, the substitution of rayon with lyocell that avoids using carbon disulfide in synthesis process is predicted to obstruct the growth of carbon disulfide market.
The market is categorized on the basis of applications, and geography. On the basis of application, market is divided into rubber, fiber, rayon, agriculture, packaging, pharmaceutical, food, and others. Agriculture segment registered maximum growth in the previous years, owing to extensive adoption of the compound in pesticides and fertilizers. At present, packaging industry is predicted to lead carbon disulfide market due to the rise in demand for packaging material.
Key Processes
• Natural Gas Route
• Charcoal Route
Key Applications
• Agricultural Chemicals
• Rubber
• Textile
• Packaging
• Mining & Metallurgy
• Fine Chemicals
Key Vendors
• Adisseo/Bluestar
• Aditya Birla
• Akzo Nobel
• Arkema Group
• Baijin Chemical
• Grace Fiber
• Grupa Azoty
• Indo Baijin
• KKPC
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Key Questions Answered in this Report
• What will the market size be in 2022?
• What are the key factors driving the global carbon disulfide market?
• What are the challenges to market growth?
• What are the market opportunities and threats faced by the key players?