The global sulfur dioxide market is expected to witness significant growth over the forecast period. Sulfur Dioxide is a neutral colorless gas. It is nearly 2.5 times heavier than air. It has a suffocating aroma with pale sweetish fragrance. Sulfur dioxide (It is also known as Sulphur Dioxide) is the chemical compound with the formula SO2. At normal atmospheric pressure, it is a poisonous gas with a strong, frustrating smell.
Sulfur dioxide (SO2) is a chemical compound. It is mainly manufactured for making sulfuric acid. The sulfur dioxide is used as a preserving agent in the winemaking. The dipping agent, in the biochemical and biomedical applications as a mixture, and as a solvent in laboratories.
The increasing demand from chemicals producing companies is projected to push the international sulfur dioxide market in the following few years.
The making of sulfuric acid is the chief use of sulfur dioxide. It is used as midway for the production of the sulfuric acid. Sulfur dioxide is primarily converted to sulfur trioxide, at that time it is changed to oleum, which is lastly transformed into sulfuric acid. The required sulfur dioxide, for this purpose, is manufactured by the chemical reaction of sulfur with oxygen. The manufacture of sulfuric acid from sulfur dioxide is recognized as a contact process. Sulfur dioxide is used as a solvent for extremely oxidizing salts. The development of chlorofluorocarbons, sulfur dioxide was used as a refrigerant.
Furthermore, sulfur dioxide is used as a dipping agent in wastewater treatment. Additionally, sulfur dioxide is used as preserving food items like dry fruits to preserve their colorful look and to stopping them from decomposing. Moreover, sulfur dioxide is used as an antibiotic and an antioxidant in winemaking. The request from all such different uses is projected to push the international sulfur dioxide market in the coming years.
Asia Pacific is expected to be the fastest increasing market for sulfur dioxide in the forecast period. The main cause for this is the increasing request from developing nations such as China, India, and South East Asian nations like Vietnam, Thailand, Indonesia, and Malaysia. Moreover, the nations in Africa, South America, and the Middle East are displaying reliable economic development from the last few years. Such nations, mostly comprise South Africa, Argentina, Brazil, Nigeria, Jordan, Saudi Arabia, Egypt, Qatar, Bahrain, Kuwait, and Israel. Moreover, the U.S. and the European markets are gradually improving from the financial recession. The manufacturing, financial, and geographic issues are finally making an optimistic outlook for the international economy.
Taking into consideration this optimistic outlook, the chemical manufacturing business throughout the world is expected to record a fantastic development in the succeeding six years. The request for various kinds of chemicals in diverse uses is increasing fast throughout the world; particularly in areas like Asia Pacific, Middle East, and Latin America.
Here is an awesome market prospectus for the chemical industries in nations like Brazil, China, India, Indonesia, and Thailand. The main firms functioning in the chemical manufacturing market are concentrating on these emerging countries for tapping the enormous market capacity of these developing nations.
The key makers of chemicals are locating gigantic industrial plants in these emerging marketplaces. Hence, the request for sulfur dioxide in the manufacturing of diverse chemical products is forecast to develop at a substantial speed in the coming six years. So, the international sulfur dioxide market is projected to experience an important development in the nearby future.
By region, the market is segmented into North America, Asia Pacific, Europe, and the Rest of the World. The main firms working in the international sulfur dioxide market are BASF SE and DuPont.