Carbon Disulfide Market to Develop Rapidly by 2024

disulfide is a volatile colorless compound with molecular formula CS2. It smells akin to ether and is generally used in the liquid state. Carbon disulfide occurs naturally in small amounts in volcanic eruptions. Earlier, carbon disulfide was manufactured by mixing coke and sulfur at a high temperature. Currently, the production process is carried out at a much lower temperature, using natural gas as carbon source and combining it with sulfur and either silica gel or aluminum acting as a catalyst. Carbon is used as a fumigant, insecticide, non-polar solvent, and optical dispersant in spectroscopes. It is also employed as building block in the production of various chemicals. Furthermore, carbon disulfide is used in the production of chemicals such as agricultural chemicals, rubber chemicals, cellophane, rayon, and carbon tetrachloride.

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Production of new chemicals such as cellophane, rayon, and carbon tetrachloride accounts for significant share of the carbon disulfide market. Carbon acts as building block in the production of these chemicals. High demand in end-use industries such as food packaging, textile, and refrigeration is expected to boost the demand for chemicals such as cellophane, rayon, and carbon tetrachloride. This, in turn, is anticipated drive the carbon disulfide market. Usage of carbon disulfide as non-polar solvent is another major application. Carbon is used as a solvent for phosphorus, sulfur, bromine, selenium, iodine, asphalt, rubber, resin, and fats.

Asia Pacific was the largest market for carbon disulfide in 2014. The region accounted for significant share of the carbon disulfide market in the year. This trend is likely to continue during the next few years owing to growth in end-use industries in emerging economies such as China and India. Application of disulfide in the production of various chemicals is expected to be the major market driver in the region due to expansion in end-use industries such as textile, food packaging, refrigeration, and agriculture in countries such as China and India. China held the largest share of the global carbon disulfide market in 2014.

The disulfide in Latin America is anticipated to witness steady growth rate during the next few years owing to expansion in textile and agriculture industries in economies such as Brazil. Middle East & Africa is projected to be a highly lucrative market for carbon disulfide due to expansion of textile and packaging industries in GCC and growth in the agricultural industry in South Africa during the forecast period.

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Major players in the carbon disulfide market include Shanghai Baijin Chemical Group Co., Ltd., Akzo Nobel N.V., Arkema Group, PPG Industries, Inc., Alfa Aesar, and Univar Inc.

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