The global carbon disulfide market
size is projected to reach USD 165.1 million by 2025, according to a
new report by Grand View Research, Inc., exhibiting a CAGR of 2.4%
during the forecast period. Growing demand for cellophane from the
packaging industry, coupled with rising use of the compound in
production of fertilizers, will boost market growth.
Carbon di sulfide, also known as carbon bisulfide, is a
toxic, transparent, flammable, and volatile liquid chemical. Large
amounts of this compound are used to manufacture cellophane, carbon
tetrachloride, and viscose rayon. Smaller quantities, on the other hand,
are used for solvent extraction or conversion into other chemical
products, especially as a catalyst in rubber vulcanization or agents in
the flotation process of ore concentration.
The carbon disulfide market is segmented based on
application into rubber, rayon, fibre, pharmaceutical, agriculture, and
packaging. In 2016, agriculture accounted for 13.6% of the total market
revenue, owing to large-scale adoption of the compound in fertilizers
and pesticides. The packaging application is expected to reach USD 19.79
million by 2025. Production of cellophane for the packaging industry is
being carried out on a large scale in Asia Pacific, owing to increasing
demand for packaging material. Carbon di sulfide is used extensively as
an accelerator in the rubber vulcanisation process.
To request a sample copy of this report, click the link below: www.grandviewresearch.com/industry-analysis/carbon-disulfide-market
Further key findings from the report suggest
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The U.S. carbon disulfide market will exhibit a 6.53% CAGR over the
forecast period in terms of volume. The slowdown in the U.S. market has
deeply impacted manufacturing activity in the country. Some estimates
suggest a sharp decline in production of rubber, pharmaceuticals,
fibres, and packaging
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The U.K. carbon disulfide market is predicted to be driven by
large-scale manufacturing activities. However, stringent legislations
against adoption of carbon disulfide could impede growth
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The China carbon disulfide market is likely to lead the global production of cellophane for packaging and rubber.
Grand View Research has segmented the global carbon disulfide market on the basis of application and region:
Carbon Disulfide Application Outlook (Volume, Million Kilograms; Revenue, USD Million, 2014 - 2025)
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Rubber
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Rayon
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Fibers
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Pharmaceuticals
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Agriculture
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Packaging
