1 Carbon Disulfide Market Introduction by Type
Based on type, the Carbon Disulfide are primarily split into Natural Gas Method Carbon Disulfide and Coke Method Carbon Disulfide.
Table Carbon Disulfide Market Segment by Type
Description | |
Natural Gas Method Carbon Disulfide | The natural gas carbon disulfide production process is a process that uses natural gas as raw material to produce carbon disulfide. The technology of producing carbon disulfide by natural gas can realize continuous, automatically controlled and clean production, and is currently the mainstream advanced technology in the world’s carbon disulfide industry. |
Coke Method Carbon Disulfide | The coke method is a process that uses coke and sulfur to react under high temperature conditions to generate carbon disulfide. The production of carbon disulfide by coke method has the advantages of easy availability of raw materials, high product purity, fast reaction speed and simple production process. |
2 Global Carbon Disulfide Market Sales Volume and CAGR Comparison by Type (2018 VS 2022 VS 2028)
Natural Gas Method Carbon Disulfide dominates the global market and shows a growth trend between 2018 and 2028. In 2018, the global sales volume of natural gas method carbon disulfide was 1,173.5 kilotons, and by 2022, this figure grows slightly to 1239.2 kilotons. However, sales of natural gas method carbon disulfide are expected to grow significantly to 1,613.8 kilotons by 2028, showing strong growth potential. The CAGR of 4.50% for natural gas method carbon disulfide over this period indicates that the demand for carbon disulfide produced by this method is steadily increasing in the market. This growth may be attributed to the advantages of natural gas method in terms of production efficiency and environmental impact, making it the dominant advanced production technology in the global carbon disulfide industry. The market position of natural gas method carbon disulfide is expected to be further strengthened with the growing emphasis on environmentally friendly and sustainable production methods.
Coke Method Carbon Disulfide is showing a declining trend in the global market. The global sales volume of coke method carbon disulfide was 31.8 kilotons in 2018, which decreases to 26.4 kilotons by 2022. This is expected to further decline to 20.8 kilotons by 2028. The CAGR of carbon disulfide by coke method is -3.83% during the period from 2018 to 2028, indicating that the market for carbon disulfide produced by this method is experiencing a contraction. This decrease may be associated with the tightening of environmental regulations, increasing demand for cleaner production methods, and resource wastage and pollution issues during the production process of the coke method. With the global focus on environmental sustainability, the market share of carbon disulfide from the coke method is likely to continue to decline, while more environmentally friendly production methods are likely to gain more market share.
Table Global Carbon Disulfide Market Sales Volume (K Tons) and CAGR (%) Comparison by Type
| 2018 | 2022 | 2028 | CAGR (2022-2028) |
Natural Gas Method Carbon Disulfide | 1173.5 | 1239.2 | 1613.8 | 4.50% |
Coke Method Carbon Disulfide | 31.8 | 26.4 | 20.8 | -3.83% |
Total | 1205.3 | 1265.6 | 1634.6 | 4.36% |
3 Global Carbon Disulfide Market Revenue and Market Share by Type
Natural Gas Method Carbon Disulfide holds the major revenue share in the global carbon disulfide market. The revenue of natural gas method carbon disulfide fluctuates slightly from 2018 to 2023. The global revenue of natural gas method carbon disulfide stood at US$ 575.86 Mn in 2018, declining slightly to US$ 516.68 Mn in 2019, followed by a drop to US$ 415.77 Mn in 2020. However, the revenue rebounds to USD 512.80 Million in 2021 and further increases to USD 571.43 Million in 2022 and reaches USD 575.56 Million in 2023.
Coke Method Carbon Disulfide accounts for a relatively small revenue and revenue share of the global carbon disulfide market, but still has some market presence. In 2018, the global revenue of coke method carbon disulfide was USD 14.43 Million, which accounted for 2.45% of the total market revenue. This revenue fluctuated in subsequent years, decreasing to USD 12.18 Million in 2019 and further decreasing to USD 9.21 Million in 2020. By 2021, the revenue picks up and reaches $10.65 Million, but then declines slightly to $10.33 Million in 2023.
Overall, the natural gas method carbon disulfide holds an absolute leadership position in the global carbon disulfide market, showing steady growth and increasing market concentration in terms of both revenue and revenue share. This may be associated with the high efficiency of the method, environmental friendliness, and availability of natural gas as a raw material, which together are driving the growth of the natural gas method carbon disulfide market
Table Global Carbon Disulfide Revenue (Million USD) by Type (2018-2023)
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Natural Gas Method Carbon Disulfide | 575.86 | 516.68 | 415.77 | 512.80 | 571.43 | 575.56 |
Coke Method Carbon Disulfide | 14.43 | 12.18 | 9.21 | 10.65 | 10.99 | 10.33 |
Total | 590.30 | 528.86 | 424.98 | 523.45 | 582.42 | 585.89 |
Table Global Carbon Disulfide Revenue Market Share by Type (2018-2023)
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Natural Gas Method Carbon Disulfide | 97.55% | 97.70% | 97.83% | 97.97% | 98.11% | 98.24% |
Coke Method Carbon Disulfide | 2.45% | 2.30% | 2.17% | 2.03% | 1.89% | 1.76% |
Total | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
4 Carbon Disulfide Market Introduction by Application
The global carbon disulfide market can be segmented by application into Industrial Solvent, Rubber Additives, Agriculture, Packaging and Textile.
Table Global Carbon Disulfide Market Introduction by Application
Item | Description |
Industrial Solvent | Carbon disulfide is commonly used as a non-polar solvent in a variety of applications. This compound is an effective solvent for sulfur, phosphorus, selenium, bromine, asphalt, iodine, resins, fats and rubber. Carbon disulfide is also used as a vulcanization accelerator in the rubber industry, helping to produce durable rubber products. In agriculture, carbon disulfide is used as a soil fumigant and pesticide. It helps control pests, nematodes and insects in crops, thereby improving overall yield and quality. The fumigation properties of carbon disulfide are effective against soil-borne diseases and pathogens, helping to improve crop health. Carbon disulfide is a key ingredient in the production of various chemicals such as rayon and cellophane, for which demand is growing in the textile and food packaging industries. |
Packaging | |
Textile |
5 Global Carbon Disulfide Market Sales Volume and CAGR Comparison by Application (2018 VS 2022 VS 2028)
Global consumption of carbon disulfide in agriculture was 169.6 kilotons in 2018, increasing to 184.0 kilotons by 2022. This is further expected to grow to 248.3 kilotons by 2028. The CAGR of carbon disulfide consumption in the agriculture sector is 5.12% from 2018 to 2028, and this sector has the highest growth rate among all applications.
Global consumption in the textile industry, a key application of carbon disulfide, reached 529.7 kilotons in 2018 and increased to 553.6 kilotons by 2022. This is expected to grow significantly to 709.8 kilotons by 2028. The CAGR of carbon disulfide consumption in the textile industry is 4.23% from 2018 to 2028. This growth may be associated with the demand for manufacturing of man-made fibers, especially viscose fibers, in the textile industry. Carbon disulfide is used as a key raw material in the production of viscose fibers and other cellulosic products, which are gaining popularity in apparel, home textiles and other textile applications due to their soft, smooth and breathable properties.
The global consumption of carbon disulfide in the field of rubber additives was 251.8 kilotons in 2018, increasing to 269.5 kilotons by 2022. This is further expected to grow to 357.3 kilotons by 2028. The carbon disulfide consumption in the rubber additives segment is growing at a CAGR of 4.81% from 2018 to 2028, indicating that the demand for this application is growing at a relatively fast pace.
Table Carbon Disulfide Market Consumption (Sales Volume, K Tons) Comparison by Application (2018 VS 2022 VS 2028)
| 2018 | 2022 | 2028 | CAGR (2022-2028) |
Industrial Solvent | 146.2 | 147.8 | 180.7 | 3.41% |
Rubber Additives | 251.8 | 269.5 | 357.3 | 4.81% |
Agriculture | 169.6 | 184.0 | 248.3 | 5.12% |
Packaging | 108.0 | 110.7 | 138.4 | 3.80% |
Textile | 529.7 | 553.6 | 709.8 | 4.23% |
Total | 1205.3 | 1265.6 | 1634.6 | 4.36% |
6 Global Carbon Disulfide Market Revenue and Market Share by Application
Textile applications is the most dominant revenue generator in the carbon disulfide market. In 2018, the global carbon disulfide consumption revenue from textile application was US$ 255.19 Mn, which accounted for 43.23% of the total consumption revenue, indicating its significant position in the market. In the subsequent years, the revenue from textile applications fluctuated slightly due to the outbreak and stood at US$ 228.21 Mn in 2019, declined to US$ 183.19 Mn in 2020, but recovered to US$ 225.35 Mn in 2021 and further increased to US$ 250.42 Mn in 2022 and recovered to US$ 251.73 Mn in 2023.
In terms of revenue share, textile applications have consistently accounted for a high share of the global carbon disulfide consumption market. in 2018, its revenue share was 43.23%, declined slightly to 43.15% in 2019, declined further to 43.11% in 2020, and 43.05% and 43.00% in 2021 and 2022, respectively, and is projected to decline marginally by 2023 to 42.97%.
Overall, textile applications accounted for the largest revenue share in the global carbon disulfide market and this trend is expected to continue. This reflects the high demand for carbon disulfide in the textile industry, especially in the production of man-made fibers such as viscose fibers and other cellulosic products. The application of carbon disulfide in textile is expected to continue its market leadership as the global textile industry grows and the demand for high performance, environmentally friendly materials increases.
Table Global Carbon Disulfide Consumption Revenue (Million USD) by Application (2018-2023)
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Industrial Solvent | 69.96 | 62.11 | 49.40 | 60.31 | 66.44 | 66.29 |
Rubber Additives | 127.01 | 114.42 | 92.40 | 114.32 | 127.75 | 128.96 |
Agriculture | 84.72 | 76.55 | 62.02 | 76.97 | 86.36 | 87.37 |
Packaging | 53.42 | 47.57 | 37.98 | 46.50 | 51.44 | 51.54 |
Textile | 255.19 | 228.21 | 183.19 | 225.35 | 250.42 | 251.73 |
Total | 590.30 | 528.86 | 424.98 | 523.45 | 582.42 | 585.89 |
Table Global Carbon Disulfide Consumption Revenue Market Share by Application (2018-2023)
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Industrial Solvent | 11.85% | 11.74% | 11.62% | 11.52% | 11.41% | 11.31% |
Rubber Additives | 21.52% | 21.64% | 21.74% | 21.84% | 21.93% | 22.01% |
Agriculture | 14.35% | 14.47% | 14.59% | 14.70% | 14.83% | 14.91% |
Packaging | 9.05% | 9.00% | 8.94% | 8.88% | 8.83% | 8.80% |
Textile | 43.23% | 43.15% | 43.11% | 43.05% | 43.00% | 42.97% |
Total | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
