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市場調查報告書
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1700068

2032 年元素硫市場預測:按來源、形式、通路、應用、最終用戶和地區分類的全球分析

Elemental Sulfur Market Forecasts to 2032 - Global Analysis By Source (By-Product Sulfur, Recovered Sulfur and Frasch Process Sulfur), Form, Distribution Channel, Application, End User and By Geography

出版日期: | 出版商: Stratistics Market Research Consulting | 英文 200+ Pages | 商品交期: 2-3個工作天內

價格

根據 Stratistics MRC 的數據,全球元素硫市場預計在 2025 年達到 65.1 億美元,到 2032 年將達到 89.2 億美元,預測期內的複合年成長率為 4.6%。

元素硫的化學符號為S,是一種非金屬元素,原子序為16。它以多種形式存在於天然物質中,主要為黃色結晶質固體。硫在地球的生物地球化學循環中起著關鍵作用,形成生命所必需的化合物,例如硫酸鹽和硫化物。硫磺在火山地區含量豐富,也存在於礦物和一些生物系統中。在工業上,它廣泛用於生產硫酸、肥料、醫藥、橡膠硫化等,是許多領域中的重要元素。

根據《世界肥料展望》預測,2020年磷(P2O5)肥需求量為4,740.2萬噸,預計2022年將達到4,909.6萬噸。

新興國家工業化進程

新興國家工業化程度的提高正在推動市場大幅成長。隨著這些地區的石化、農業和製造業等產業的發展,對硫酸和肥料等含硫產品的需求也不斷增加。這種成長在印度、中國和巴西等國家尤其明顯,這些國家的基礎設施發展和工業活動推動了對元素硫的需求。因此,這些新興市場的硫磺生產及其用途正在蓬勃發展。

與回收硫磺的競爭

回收硫磺的競爭給市場帶來了挑戰,因為它減少了對新鮮提取硫磺的需求。回收的硫磺通常來自工業來源,作為經濟高效且環保的替代品,可以降低市場價格。這給傳統硫磺生產商帶來了壓力,尤其是那些依賴採礦的生產商,因為他們面臨著利潤率下降和需要適應更永續的做法的問題。隨著回收利用勢頭增強,市場動態將發生變化,並可能阻礙傳統硫磺供應商的成長。

環境法規

隨著世界各國政府實施更嚴格的政策以減少污染和溫室氣體排放,環境法規對市場產生了重大影響。這些法規的重點是盡量減少工業過程中的二氧化硫 (SO2)排放,鼓勵更清潔的硫回收技術,並促進硫在硫基肥料等環保應用中的使用。遵守這些法規鼓勵了硫磺提取和加工方式的創新,確保硫磺生產符合永續實踐,同時限制對環境的影響。

有限的自然資源

天然硫磺資源有限,導致供應受限,對市場帶來重大挑戰。硫磺主要來自天然氣和石油精製,但當這些來源變得稀缺或難以取得時,生產成本就會上升。這種供不應求導致價格波動,並阻礙了滿足日益成長的工業需求的能力,尤其是在新興經濟體。此外,天然硫磺蘊藏量的稀缺可能導致對回收的依賴程度加大,從而進一步加劇市場競爭。

COVID-19的影響:

新冠疫情對市場產生了重大影響,擾亂了供應鏈並減緩了全球工業活動。由於石化和製造業等許多行業縮減或暫時關閉營運,硫磺需求急劇下降。此外,運輸限制和勞動力短缺也阻礙了硫磺的生產和運輸。但隨著經濟開始復甦,農業和工業部門對硫磺的需求恢復,市場逐漸穩定。然而,這場疫情暴露了供應鏈彈性的脆弱性。

預測期內,回收硫磺部分預計將佔最大佔有率

預計在預測期內,回收硫磺部分將佔據最大的市場佔有率。回收的硫主要來自石油精製和天然氣加工等工業產品,有助於滿足日益成長的需求,同時減少對環境的影響。回收硫磺的使用有助於實現循環經濟,最大限度地減少廢棄物,節省天然硫磺蘊藏量。隨著工業界對永續性的重視,對回收硫的需求預計將增加,為基於硫的產品和應用提供經濟高效且環保的選擇。

預計在預測期內,製藥業將以最高的複合年成長率成長。

預計在預測期內,製藥業將出現最高的成長率。含硫化合物,例如含硫藥物,因其抗菌和角質溶解特性而用於治療痤瘡、酒糟和頭皮屑等皮膚病。此外,硫磺也是藥膏、洗劑和治療霜的主要成分。隨著全球對皮膚病治療的需求不斷增加,元素硫的藥物應用也不斷擴大,促進了市場的整體成長和多樣化。

佔比最大的地區:

由於工業化進程迅速,預計亞太地區將在預測期內佔據最大的市場佔有率。硫磺的需求受到石化、農業和製造業等產業的推動,這些產業將硫磺用於化肥、硫酸生產和石油精製。此外,亞太地區正注重基礎建設和農業成長,進一步推動硫磺消費。因此,該地區正在成為市場的主要企業。

複合年成長率最高的地區:

預計北美地區在預測期內的複合年成長率最高。元素硫廣泛用於製造肥料,對於提高作物產量至關重要。由於人們越來越關注永續農業實踐和土壤健康管理,預計需求將會成長。此外,硫是生產硫酸的重要原料,硫酸有助於石油精製和化學製造等各種工業製程。石化產業對硫的依賴是主要的成長要素。

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目錄

第1章執行摘要

第2章 前言

  • 概述
  • 相關利益者
  • 研究範圍
  • 調查方法
    • 資料探勘
    • 資料分析
    • 資料檢驗
    • 研究途徑
  • 研究材料
    • 主要研究資料
    • 次級研究資訊來源
    • 先決條件

第3章市場走勢分析

  • 驅動程式
  • 限制因素
  • 機會
  • 威脅
  • 應用分析
  • 最終用戶分析
  • 新興市場
  • COVID-19的影響

第4章 波特五力分析

  • 供應商的議價能力
  • 買家的議價能力
  • 替代品的威脅
  • 新進入者的威脅
  • 競爭對手之間的競爭

第5章 全球元素硫市場(依來源)

  • 硫磺副產品
  • 回收硫磺
  • 閃蒸硫磺

第6章 全球元素硫市場(依形態)

  • 粉末
  • 顆粒狀
  • 液體
  • 大量的

第7章 全球元素硫市場(按通路)

  • 直銷
  • 分銷商/批發商
  • 線上平台

第8章 全球元素硫市場(按應用)

  • 肥料
  • 土壤改良劑
  • 硫酸生產
  • 硫化學品製造
  • 硫化
  • 礦石浮選
  • 其他用途

第9章 全球元素硫市場(依最終用戶分類)

  • 農業
  • 化學品
  • 橡皮
  • 礦業
  • 製藥
  • 電子產品
  • 其他最終用戶

第10章 全球元素硫市場(按地區)

  • 北美洲
    • 美國
    • 加拿大
    • 墨西哥
  • 歐洲
    • 德國
    • 英國
    • 義大利
    • 法國
    • 西班牙
    • 其他歐洲國家
  • 亞太地區
    • 日本
    • 中國
    • 印度
    • 澳洲
    • 紐西蘭
    • 韓國
    • 其他亞太地區
  • 南美洲
    • 阿根廷
    • 巴西
    • 智利
    • 南美洲其他地區
  • 中東和非洲
    • 沙烏地阿拉伯
    • 阿拉伯聯合大公國
    • 卡達
    • 南非
    • 其他中東和非洲地區

第11章 重大進展

  • 協議、夥伴關係、合作和合資企業
  • 收購與合併
  • 新產品發布
  • 業務擴展
  • 其他關鍵策略

第12章 公司概況

  • Saudi Basic Industries Corporation(SABIC)
  • Shell Sulfur Solutions
  • DuPont
  • The Mosaic Company
  • NOVA Chemicals
  • ExxMobil Chemical Company
  • Linde plc
  • BASF SE
  • Yara International ASA
  • Vale SA
  • PetroChina Company Limited
  • Chevron Corporation
  • TotalEnergies SE
  • Reliance Industries Limited
  • Formosa Petrochemical Corporation
  • Dow Inc.
  • LyondellBasell Industries
  • INEOS Group
Product Code: SMRC28971

According to Stratistics MRC, the Global Elemental Sulfur Market is accounted for $6.51 billion in 2025 and is expected to reach $8.92 billion by 2032 growing at a CAGR of 4.6% during the forecast period. Elemental sulfur, represented by the chemical symbol S, is a non-metallic element with atomic number 16. It naturally occurs in various forms, primarily as a yellow, crystalline solid. Sulfur plays a vital role in the Earth's biogeochemical cycles, forming compounds like sulfates and sulfides that are essential for life. It is abundant in volcanic regions and can be found in minerals and some biological systems. Industrially, elemental sulfur is widely used in the production of sulfuric acid, fertilizers, pharmaceuticals, and in vulcanization of rubber, making it a key element in various sectors.

According to, the world fertilizer outlook, demand for phosphorus (P2O5) fertilizer in 2020 was estimated at 47,402 thousand tons, which is expected to reach 49,096 thousand tons in 2022.

Market Dynamics:

Driver:

Increasing industrialization in emerging economies

The increasing industrialization in emerging economies is driving significant growth in the market. As industries like petrochemicals, agriculture, and manufacturing expand in these regions, the demand for sulfur-based products, such as sulfuric acid and fertilizers, rises. This growth is particularly noticeable in countries like India, China, and Brazil, where infrastructure development and industrial activities create a higher need for elemental sulfur. Consequently, sulfur production and its applications are witnessing a robust surge in these emerging markets.

Restraint:

Competition from recycled sulphur

Competition from recycled sulfur is presenting challenges in the Market, as it reduces demand for freshly extracted sulfur. Recycled sulfur, often sourced from industrial byproducts, offers a cost-effective and environmentally friendly alternative, lowering prices in the market. This puts pressure on traditional sulfur producers, especially those relying on extraction, as they face reduced profit margins and the need to adapt to more sustainable practices. As recycling gains momentum, it could shift market dynamics, hindering growth for conventional sulfur suppliers.

Opportunity:

Environmental regulations

Environmental regulations are significantly influencing the market, as governments worldwide implement stricter policies to reduce pollution and greenhouse gas emissions. These regulations focus on minimizing sulfur dioxide (SO2) emissions from industrial processes, encouraging cleaner sulfur recovery technologies and promoting the use of sulfur in environmentally friendly applications, such as sulfur-based fertilizers. Compliance with these regulations is driving innovation in sulfur extraction and processing methods, ensuring that sulfur production aligns with sustainable practices while reducing its environmental impact.

Threat:

Limited natural sources

Limited natural sources of sulfur pose a significant challenge in the market, as it creates supply constraints. Sulfur is primarily obtained from natural gas and oil refining, and as these sources become scarcer or more difficult to access, production costs rise. This scarcity can lead to price volatility and hinder the ability to meet growing industrial demand, especially in emerging economies. The strain on natural sulfur reserves could also prompt increased reliance on recycling, further intensifying market competition.

Covid-19 Impact:

The COVID-19 pandemic had a significant impact on the market, disrupting supply chains and reducing industrial activity globally. With many industries, including petrochemicals and manufacturing, scaling back operations or temporarily shutting down, sulfur demand declined sharply. Additionally, transportation restrictions and labor shortages hindered sulfur production and distribution. However, as economies began recovering, demand for sulfur in agriculture and industrial sectors rebounded, leading to gradual market stabilization. Still, the pandemic exposed vulnerabilities in supply chain resilience.

The recovered sulfur segment is expected to be the largest during the forecast period

The recovered sulfur segment is expected to account for the largest market share during the forecast period. Sourced primarily from industrial byproducts like petroleum refining and natural gas processing, recovered sulfur helps meet growing demand while reducing environmental impact. Its use supports circular economy practices by minimizing waste and conserving natural sulfur reserves. As industries emphasize sustainability, the demand for recovered sulfur is expected to rise, providing a cost-effective and eco-friendly option for sulfur-based products and applications.

The pharmaceuticals segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the pharmaceuticals segment is predicted to witness the highest growth rate. Sulfur compounds, such as sulfur-based drugs, are used in treating skin conditions like acne, rosacea, and dandruff due to their antimicrobial and keratolytic properties. Additionally, sulfur is a key ingredient in some ointments, lotions, and therapeutic creams. As the demand for dermatological treatments rises globally, the pharmaceutical use of elemental sulfur is expanding, contributing to the market's overall growth and diversification.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share due to rapid industrialization. The demand for sulfur is driven by industries such as petrochemicals, agriculture, and manufacturing, where it is used in fertilizers, sulfuric acid production, and petroleum refining. Additionally, Asia Pacific's increasing focus on infrastructure development and agricultural advancements further boosts sulfur consumption. As a result, the region is becoming a key player in the market.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR. Elemental sulfur is extensively used in manufacturing fertilizers, which are essential for enhancing crop yields. The growing emphasis on sustainable farming practices and soil health management is expected to boost demand. Moreover, sulfur is a critical raw material in the production of sulfuric acid, which serves various industrial processes, including petroleum refining and chemical manufacturing. The petrochemical industry's reliance on sulfur is a significant growth factor.

Key players in the market

Some of the key players in Elemental Sulfur Market include Saudi Basic Industries Corporation (SABIC), Shell Sulfur Solutions, DuPont, The Mosaic Company, NOVA Chemicals, ExxMobil Chemical Company, Linde plc, BASF SE, Yara International ASA, Vale S.A., PetroChina Company Limited, Chevron Corporation, TotalEnergies SE, Reliance Industries Limited, Formosa Petrochemical Corporation, Dow Inc., LyondellBasell Industries and INEOS Group.

Key Developments:

In July 2024, TotalEnergies and Air Products have signed a 15-year agreement for the annual supply in Europe of 70,000 tons of green hydrogen starting in 2030. This first long-term deal follows TotalEnergies' call for tenders for the supply of 500,000 tons per year of green hydrogen to decarbonize TotalEnergies' European refineries. Under the agreement, Air Products will deliver at TotalEnergies' Northern European refineries' doorstep, green hydrogen from Air Products' global supply network.

In June 2024, BASF Stationary Energy Storage, a subsidiary of chemical company BASF, and Japanese ceramics manufacturer NGK Insulators have launched a new version of their sodium-sulfur (NAS) batteries. The containerized NAS MODEL L24 battery jointly developed by the partners, whose cooperation started in 2019, boasts a few technological improvements.

Sources Covered:

  • By-Product Sulfur
  • Recovered Sulfur
  • Frasch Process Sulfur

Forms Covered:

  • Powder
  • Granular
  • Liquid
  • Lump

Distribution Channels Covered:

  • Direct Sales
  • Distributors/Wholesalers
  • Online Platforms

Applications Covered:

  • Fertilizers
  • Soil conditioners
  • Sulfuric Acid Production
  • Thiochemicals Production
  • Vulcanization
  • Ore Flotation
  • Other Applications

End Users Covered:

  • Agriculture
  • Chemical
  • Rubber
  • Mining
  • Pharmaceuticals
  • Electronics
  • Other End Users

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

  • Company Profiling
    • Comprehensive profiling of additional market players (up to 3)
    • SWOT Analysis of key players (up to 3)
  • Regional Segmentation
    • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
  • Competitive Benchmarking
    • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

  • 2.1 Abstract
  • 2.2 Stake Holders
  • 2.3 Research Scope
  • 2.4 Research Methodology
    • 2.4.1 Data Mining
    • 2.4.2 Data Analysis
    • 2.4.3 Data Validation
    • 2.4.4 Research Approach
  • 2.5 Research Sources
    • 2.5.1 Primary Research Sources
    • 2.5.2 Secondary Research Sources
    • 2.5.3 Assumptions

3 Market Trend Analysis

  • 3.1 Introduction
  • 3.2 Drivers
  • 3.3 Restraints
  • 3.4 Opportunities
  • 3.5 Threats
  • 3.6 Application Analysis
  • 3.7 End User Analysis
  • 3.8 Emerging Markets
  • 3.9 Impact of Covid-19

4 Porters Five Force Analysis

  • 4.1 Bargaining power of suppliers
  • 4.2 Bargaining power of buyers
  • 4.3 Threat of substitutes
  • 4.4 Threat of new entrants
  • 4.5 Competitive rivalry

5 Global Elemental Sulfur Market, By Source

  • 5.1 Introduction
  • 5.2 By-Product Sulfur
  • 5.3 Recovered Sulfur
  • 5.4 Frasch Process Sulfur

6 Global Elemental Sulfur Market, By Form

  • 6.1 Introduction
  • 6.2 Powder
  • 6.3 Granular
  • 6.4 Liquid
  • 6.5 Lump

7 Global Elemental Sulfur Market, By Distribution Channel

  • 7.1 Introduction
  • 7.2 Direct Sales
  • 7.3 Distributors/Wholesalers
  • 7.4 Online Platforms

8 Global Elemental Sulfur Market, By Application

  • 8.1 Introduction
  • 8.2 Fertilizers
  • 8.3 Soil conditioners
  • 8.4 Sulfuric Acid Production
  • 8.5 Thiochemicals Production
  • 8.6 Vulcanization
  • 8.7 Ore Flotation
  • 8.8 Other Applications

9 Global Elemental Sulfur Market, By End User

  • 9.1 Introduction
  • 9.2 Agriculture
  • 9.3 Chemical
  • 9.4 Rubber
  • 9.5 Mining
  • 9.6 Pharmaceuticals
  • 9.7 Electronics
  • 9.8 Other End Users

10 Global Elemental Sulfur Market, By Geography

  • 10.1 Introduction
  • 10.2 North America
    • 10.2.1 US
    • 10.2.2 Canada
    • 10.2.3 Mexico
  • 10.3 Europe
    • 10.3.1 Germany
    • 10.3.2 UK
    • 10.3.3 Italy
    • 10.3.4 France
    • 10.3.5 Spain
    • 10.3.6 Rest of Europe
  • 10.4 Asia Pacific
    • 10.4.1 Japan
    • 10.4.2 China
    • 10.4.3 India
    • 10.4.4 Australia
    • 10.4.5 New Zealand
    • 10.4.6 South Korea
    • 10.4.7 Rest of Asia Pacific
  • 10.5 South America
    • 10.5.1 Argentina
    • 10.5.2 Brazil
    • 10.5.3 Chile
    • 10.5.4 Rest of South America
  • 10.6 Middle East & Africa
    • 10.6.1 Saudi Arabia
    • 10.6.2 UAE
    • 10.6.3 Qatar
    • 10.6.4 South Africa
    • 10.6.5 Rest of Middle East & Africa

11 Key Developments

  • 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
  • 11.2 Acquisitions & Mergers
  • 11.3 New Product Launch
  • 11.4 Expansions
  • 11.5 Other Key Strategies

12 Company Profiling

  • 12.1 Saudi Basic Industries Corporation (SABIC)
  • 12.2 Shell Sulfur Solutions
  • 12.3 DuPont
  • 12.4 The Mosaic Company
  • 12.5 NOVA Chemicals
  • 12.6 ExxMobil Chemical Company
  • 12.7 Linde plc
  • 12.8 BASF SE
  • 12.9 Yara International ASA
  • 12.10 Vale S.A.
  • 12.11 PetroChina Company Limited
  • 12.12 Chevron Corporation
  • 12.13 TotalEnergies SE
  • 12.14 Reliance Industries Limited
  • 12.15 Formosa Petrochemical Corporation
  • 12.16 Dow Inc.
  • 12.17 LyondellBasell Industries
  • 12.18 INEOS Group

List of Tables

  • Table 1 Global Elemental Sulfur Market Outlook, By Region (2024-2032) ($MN)
  • Table 2 Global Elemental Sulfur Market Outlook, By Source (2024-2032) ($MN)
  • Table 3 Global Elemental Sulfur Market Outlook, By By-Product Sulfur (2024-2032) ($MN)
  • Table 4 Global Elemental Sulfur Market Outlook, By Recovered Sulfur (2024-2032) ($MN)
  • Table 5 Global Elemental Sulfur Market Outlook, By Frasch Process Sulfur (2024-2032) ($MN)
  • Table 6 Global Elemental Sulfur Market Outlook, By Form (2024-2032) ($MN)
  • Table 7 Global Elemental Sulfur Market Outlook, By Powder (2024-2032) ($MN)
  • Table 8 Global Elemental Sulfur Market Outlook, By Granular (2024-2032) ($MN)
  • Table 9 Global Elemental Sulfur Market Outlook, By Liquid (2024-2032) ($MN)
  • Table 10 Global Elemental Sulfur Market Outlook, By Lump (2024-2032) ($MN)
  • Table 11 Global Elemental Sulfur Market Outlook, By Distribution Channel (2024-2032) ($MN)
  • Table 12 Global Elemental Sulfur Market Outlook, By Direct Sales (2024-2032) ($MN)
  • Table 13 Global Elemental Sulfur Market Outlook, By Distributors/Wholesalers (2024-2032) ($MN)
  • Table 14 Global Elemental Sulfur Market Outlook, By Online Platforms (2024-2032) ($MN)
  • Table 15 Global Elemental Sulfur Market Outlook, By Application (2024-2032) ($MN)
  • Table 16 Global Elemental Sulfur Market Outlook, By Fertilizers (2024-2032) ($MN)
  • Table 17 Global Elemental Sulfur Market Outlook, By Soil conditioners (2024-2032) ($MN)
  • Table 18 Global Elemental Sulfur Market Outlook, By Sulfuric Acid Production (2024-2032) ($MN)
  • Table 19 Global Elemental Sulfur Market Outlook, By Thiochemicals Production (2024-2032) ($MN)
  • Table 20 Global Elemental Sulfur Market Outlook, By Vulcanization (2024-2032) ($MN)
  • Table 21 Global Elemental Sulfur Market Outlook, By Ore Flotation (2024-2032) ($MN)
  • Table 22 Global Elemental Sulfur Market Outlook, By Other Applications (2024-2032) ($MN)
  • Table 23 Global Elemental Sulfur Market Outlook, By End User (2024-2032) ($MN)
  • Table 24 Global Elemental Sulfur Market Outlook, By Agriculture (2024-2032) ($MN)
  • Table 25 Global Elemental Sulfur Market Outlook, By Chemical (2024-2032) ($MN)
  • Table 26 Global Elemental Sulfur Market Outlook, By Rubber (2024-2032) ($MN)
  • Table 27 Global Elemental Sulfur Market Outlook, By Mining (2024-2032) ($MN)
  • Table 28 Global Elemental Sulfur Market Outlook, By Pharmaceuticals (2024-2032) ($MN)
  • Table 29 Global Elemental Sulfur Market Outlook, By Electronics (2024-2032) ($MN)
  • Table 30 Global Elemental Sulfur Market Outlook, By Other End Users (2024-2032) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.