The global carbon disulfide market size accounted for USD 816 million in 2024 and is expected to exceed around USD 1,292 million by 2034, growing at a CAGR of 4.7% from 2024 to 2034.
The carbon disulfide market is growing as it finds many applications in agricultural industries, pharmaceuticals, textiles, and packaging industries. A colorless, highly inflammable liquid, carbon disulfide is mainly used for making rayon and cellophane, and it is also used to produce chemicals in various industries. Agriculturally, carbon disulfide is an essential constituent for the preparation of fungicides and biocides, and its application in the production of medicines and fumigation can be found in pharmaceuticals. In addition, its industrial application in cleaning carbon nanotubes and other areas adds demand in the carbon disulfide market.
Some factors that are driving the growth of the market include increased chemical production, cellulose fibers demand, and the increase in applications of agriculture and pharmaceuticals. The increased use of food packaging and textiles, mainly in North America, is adding to the expansion of this market. However, environmental concerns about the use of carbon disulfide and different regions' regulatory issues are some of the factors hindering the market. Nonetheless, Asia-Pacific is expected to emerge as the fastest-growing region due to its rapidly developing industries in China and India, especially in textiles, agriculture, and packaging. Growing chemical production in the region and increasing industrial demand are going to fuel the carbon disulfide market for the next few years.
Published by Saurabh Bidwai
