Press release
Carbon Disulphide Market to Reach USD 310 Million by 2034
Carbon Disulphide
Carbon Disulphide (CS2), once known primarily for its role in rubber vulcanization, is now regaining prominence across industries including textiles, agriculture, pharmaceuticals, and specialty chemicals. This colorless, volatile compound is widely used as a solvent, intermediate, and fumigant. With emerging applications in cellulose production and agrochemicals, the global carbon disulphide market is gaining new momentum. Rising demand from Asia-Pacific, along with growing usage in viscose rayon, carbon tetrachloride, and sulfur-based chemical synthesis, is steering the market towards a promising future.
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Market Overview: Steady Industrial Recovery Drives Growth
• Market Size (2024): USD 179 million
• Forecasted Market Size (2034): USD 310 million
• CAGR (2024-2034): 5.6%
Key Growth Drivers:
• Rising production of viscose rayon and cellophane
• Increasing demand for agrochemicals and fumigants
• Expansion of the rubber and plastic industry
• Use of CS2 in mining and metallurgy for flotation and purification processes
Key Challenges:
• Toxicity and flammability concerns, requiring strict safety regulations
• Environmental limitations on emissions and safe disposal
• Availability of less hazardous substitutes in industrial processes
Leading Players:
Arkema, AkzoNobel, Volzhsky Orgsintez, Shandong Jinling Chemical, Shanghai Baijin Chemical Group, Nouryon, Eastman Chemical Company, GFS Chemicals, TCI Chemicals, Alfa Aesar (Thermo Fisher Scientific).
Segmentation Analysis
By Grade:
• Industrial Grade
• Pharmaceutical Grade
• Food Grade
By Application:
• Rayon
• Rubber
• Agriculture (Fumigants, Pesticides)
• Chemicals & Pharmaceuticals
• Others (Mining, Laboratory Use)
By End-Use Industry:
• Textile
• Agriculture
• Chemical & Pharmaceutical
• Mining & Metallurgy
• Others
Segmentation Summary:
Industrial and pharmaceutical-grade CS2 dominate the market, with the textile industry (viscose rayon production) holding the largest share. Meanwhile, agriculture and chemical manufacturing are expected to show steady growth, driven by rising population and food production pressures.
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Regional Analysis
Asia-Pacific:
• Largest and fastest-growing market
• China and India lead in viscose rayon and agrochemical production
• Strong government focus on industrial expansion and food security
• Availability of low-cost labor and raw materials
North America:
• Moderate demand in agriculture, chemicals, and mining
• High regulatory focus on emissions control and worker safety
• Shift toward sustainable alternatives may slightly dampen long-term growth
Europe:
• Mature market with stable demand for specialty chemicals and pharmaceuticals
• Stringent environmental and workplace safety regulations
• Ongoing research into eco-friendly CS2 alternatives
Middle East & Africa:
• Emerging market with growing need for agricultural inputs
• Industrialization and mining activities support CS2 use
• Infrastructure limitations and regulations still evolving
Latin America:
• Modest but growing adoption in textile and agriculture sectors
• Brazil and Argentina show promise in crop protection chemicals
Regional Summary:
Asia-Pacific dominates in both consumption and production, while North America and Europe focus more on quality, safety, and sustainable manufacturing. Emerging economies in MEA and Latin America are likely to be future hotspots as industrialization continues.
Market Dynamics
Growth Drivers:
• Textile revival: Demand for CS2 in viscose rayon and cellophane, especially in South and Southeast Asia, remains strong.
• Agricultural pressure: Rising food demand and shrinking arable land necessitate high-performance fumigants and pesticides.
• Chemical synthesis: CS2 plays a critical role in carbon tetrachloride, xanthates, and thiuram production.
• Rubber and plastic: The vulcanization process still relies on CS2 in various synthetic rubber manufacturing applications.
Key Challenges:
• Health hazards: CS2 is neurotoxic and flammable, requiring costly ventilation, PPE, and hazard mitigation.
• Environmental restrictions: Emission control technologies are essential for safe manufacturing.
• Substitutes: Alternatives like dimethyl sulfoxide (DMSO) and safer solvents are replacing CS2 in some regions.
Trends Shaping the Market:
• Shift to bio-based rayon alternatives driving manufacturers to re-evaluate traditional CS2-based production
• Closed-loop and zero-emission facilities gaining traction among top manufacturers
• Digital monitoring and safety systems to manage toxic exposure risk in industrial plants
• Research into green CS2 production via sustainable sulfur sources
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Competitive Landscape
Key Players and Offerings:
1. Arkema - One of the largest global producers with a broad chemical portfolio
2. AkzoNobel - Focused on safe and sustainable production systems
3. Volzhsky Orgsintez - Russia-based manufacturer serving textile and rubber industries
4. Shanghai Baijin Chemical Group - Major Chinese player in rayon chemicals
5. Shandong Jinling Chemical - Large-scale CS2 producer with vertical integration
6. Eastman Chemical Company - Specialty chemical innovator expanding sustainable practices
7. Nouryon - Strong presence in performance chemicals and industrial solvents
8. GFS Chemicals - Offers laboratory and industrial-grade carbon disulphide
9. TCI Chemicals - Specialty chemicals supplier catering to pharmaceutical research
10. Alfa Aesar (Thermo Fisher) - Broad distribution of reagent-grade CS2 for academic and commercial use
Competitive Summary:
The market is moderately consolidated, with China and India emerging as production powerhouses. Innovation is now centered around safe handling, green chemistry, and automated leak detection and containment systems. Leading players are shifting toward closed-system production environments to meet both regulatory and customer expectations.
Conclusion: A Critical Compound for the Industrial Future
Despite its risks, Carbon Disulphide remains a critical industrial chemical with widespread use in textile, rubber, agriculture, and chemical processing sectors. The market is benefiting from industrial recovery, especially in Asia-Pacific, and innovation in safer production methods.
With a projected CAGR of 5.6% from 2024 to 2034, and an expected value of USD 310 million by 2034, the market offers steady opportunities for chemical producers, specialty manufacturers, and research labs. However, sustainability, safety, and innovation in green CS2 alternatives will ultimately define leadership in this space.
This report is also available in the following languages : Japanese (電磁鋼板市場), Korean (전기강판 시장), Chinese (电工钢板市场), French (Marché des tôles d'acier électriques), German (Markt für Elektrostahlbleche), and Italian (Mercato della lamiera di acciaio elettrico), etc.
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