Carbonyl sulfide, also known as carbon oxide sulfide, is a colorless poisonous gas with the characteristic odor like sulfur. Its molecular structure is linear like carbon-di-oxide but it is flammable in nature. The compound is widely used as an intermediate in the production and manufacturing of certain herbicides and additionally used as a grain fumigant in agricultural industry.
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The global carbonyl sulfide market is projected to grow at a CAGR during the forecast period 2024-2031. The market players focus on manufacture value, innovative strategies and suppliers for its steady growth among the key regions. Adoption of innovative strategies will anticipate the considerable growth of the market. For instance, investment plans, competitive landscape analysis, business/ marketing strategy and technological development are the key factors aimed to elaborate the growth of market globally.
The key driver for the growth of the global carbonyl sulfide market include increasing demand of herbicides and grain fumigant in industries. As the carbonyl sulfide was used as intermediate in production of herbicides, the increase in demand of herbicides will anticipate to encourage the growth of carbonyl sulfide market globally. Additionally, in agricultural industries, carbonyl sulfide serves as a grain fumigant. This is projected to control the growth of pest by chemical methods in grain warehouse and buildings. With the increasing demand for grain fumigant in agricultural industries, it will subsequently enhance the demand for carbonyl sulfide which will positively impact the growth of the global carbonyl sulfide market.
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Market Coverage
- Segment Covered-
o By Type
o By Application
- Competitive Landscape- Kanto Denka, Air Liquide, Air Products and Chemicals, Praxair-Linde, Taiyo Nippon Sanso and Showa Denko.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Carbonyl Sulfide Market Report Segment
By Product Type
- 2N
- 3N
- 4N
- Others
By Application
- Semi Conductor
- Industrial Applications
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