Industry Background:
Carbon disulfide (CS2), also termed as carbon bisulfide, is a colorless, highly volatile, toxic, and flammable liquid chemical compound. The large amounts of carbon disulfides are used in the manufacture of cellophane, viscose rayon, and carbon tetrachloride. The smaller quantities are employed in solvent extraction processes or converted into other chemical products. Principally accelerators of the vulcanization of rubber or agents used in flotation processes for concentrating ores. The use of carbon disulfide (CS2) in making rayon and cellophane depends upon its reaction with caustic soda and cellulose to form colloidal solutions of cellulose xanthate, which may be extruded into a dilute solution of sulfuric acid, which coagulates the fibers or cellulose films and sets free the carbon disulfide. Carbon disulfide is denser than water and only a little soluble in it. It has an ether-like odor, however, commercial samples are typically contaminated with foul-smelling impurities.etc.):
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Akzonobel Inc. (United States), GFS Chemicals Inc. (United States), Arkema Inc. (United States), Shanghai Baijin Chemical Group (China), Avantor Performance Materials (United States), Jiangsu Jinshan Chemical Co. Ltd. (China), Alfa Aesar (Germany), Univar Inc. (United States), Shikoku Chemicals Corporation (Japan) and GFS Chemicals, Inc. (United States) |
According to AMA, the market for Carbon Disulfide is expected to register a CAGR of 2.5% during the forecast period to 2028. This growth is primarily driven by Growing Demand For Cellulose And Cellulosic Fibers From Various Industries, The Use Of Carbon Disulfide In The Manufacture Of Mining Chemicals, Growing Demand For Rayon And Other Cellulosic Fibers From Textile And Fabric Industry, Increasing Demand For Fertilizers In Developing Countries and Growing Demand For Cellophane From The Packaging Industry.
Globally, a noticeable market trend is evident The Use of Carbon Disulfide In The Production Of Viscose Rayon The Chemicals sector in the Asia Pacific region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Akzonobel Inc. (United States), GFS Chemicals Inc. (United States), Arkema Inc. (United States), Shanghai Baijin Chemical Group (China), Avantor Performance Materials (United States), Jiangsu Jinshan Chemical Co. Ltd. (China), Alfa Aesar (Germany), Univar Inc. (United States), Shikoku Chemicals Corporation (Japan) and GFS Chemicals, Inc. (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The competitive rivalry among the players is high, owing to the high demand from end-user industries. Due to the stringent government regulations manufacturers are focusing on technology as well as safety to cater the carbon disulfide as per the market necessities. The prominent players are adopting some organic and inorganic strategies to capture the market share and to retain market dominance.
Key Developments in the Market:
In November 2021, Avantor, Inc. a global provider of mission-critical customers' needs in the life sciences and technologically advanced & applied materials industries, completed the previously announced acquisition of Antylia Scientific's Masterflex bioprocessing business and related assets from investment firms GTCR and Golden Gate Capital.
In March 2022, Tedia Company, LLC announced that they have formed a strategic partnership with New Hold Enterprises, LLC. Tedia is North America's largest manufacturer of OEM high-purity solvents, with products sold in over 30 countries for life science, pharmaceutical, biotechnology, and laboratory applications.
Influencing Trend:
The Use of Carbon Disulfide In The Production Of Viscose Rayon
Market Growth Drivers:
Growing Demand For Cellulose And Cellulosic Fibers From Various Industries, The Use Of Carbon Disulfide In The Manufacture Of Mining Chemicals, Growing Demand For Rayon And Other Cellulosic Fibers From Textile And Fabric Industry, Increasing Demand For Fertilizers In Developing Countries and Growing Demand For Cellophane From The Packaging Industry
Challenges:
Side effects of carbon disulfide
Restraints:
Stringent Government Regulations Owing To Adverse Health Effects Associated With Carbon Disulfide
Opportunities:
Emerging Demand From Economies
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Carbon Disulfide Market
- Analysis about New Entrants in Carbon Disulfide Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Carbon Disulfide Study Sheds Light on
The Carbon Disulfide Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Carbon Disulfide industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Carbon Disulfide industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.