Vinyl Sulfone Market
Vinyl Sulfone Market Analysis by Divinyl Sulfone, Methyl Vinyl Sulfone, and Phenyl Vinyl Sulfone for Dyestuff Manufacturing, Proteomics, and Chemical Intermediates from 2023 to 2033
Analysis of Vinyl Sulfone Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Vinyl Sulfone Market Growth Outlook (2023 to 2033)
Based on the analysis by Fact.MR, the global vinyl sulfone market is valued to be US$ 1.3 billion in 2023 and it is anticipated to grow at a CAGR of 4.0% to reach US$ 1.9 billion by the end of 2033.
Vinyl sulfone is a chemical reagent that is used as raw material in the manufacturing of reactive dyes that are basically used in the textile industry. It is also consumed as a molluscicide pesticide in agriculture and gardening in order to control snails and slugs which are responsible for damaging crops and other valued plants.
Report Attributes | Details |
---|---|
Vinyl Sulfone Market Size (2022A) | US$ 1.2 Billion |
Estimated Market Value (2023E) | US$ 1.3 Billion |
Forecasted Market Value (2033F) | US$ 1.9 Billion |
Global Market Growth Rate (2023 to 2033) | 4.0% CAGR |
North America Market Share (2023) | 22.1% |
Key Companies Profiled | Kiri Industries Limited; Bodal Chemicals Ltd.; Bhageria Industries Limited; AksharChemIndia; Shree Pushkar Chemicals; Fertilizers Ltd. |
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Historic and Future Pathway Analysis for the Vinyl Sulfone Market
According to Fact.MR, historically, from 2018 to 2022, utilization of vinyl sulfone increased at around 4.0% CAGR, wherein, countries such as the United States, China, Japan, Germany, and India held a significant share in the global market.
- Short Term (2023 to 2026): Growing use of vinyl sulfone in reactive dye manufacturing to elevate the market growth.
- Medium Term (2026 to 2029): The surge in demand from the textiles industry across Asian countries majorly India and China is expected to drive the demand for vinyl sulfone during the medium term.
- Long Term (2029 to 2033): Efforts by market players to remain competitive and curb the demand pool are likely to drive the market in a long run. Upcoming the setbacks of the vinyl sulfone to play a major role in continuing its demand across end-use industries.
According to the Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 4.0% CAGR between 2023 and 2033.
Market Dynamics Overview
“Growing Textile Industry to Boost the Global Vinyl Sulfone Market Growth”
The global vinyl sulfone market is growing rapidly. This is mainly due to its widespread use in dye manufacturing and the growing interest of major companies in expanding production capacity.
With the growing disposable income and social media influence people tend to invest more in their clothes and enhancement of quality of living, due to this the demand for the dye to dye clothes is increasing. The growing dye demand for dye clothes creates ample growth opportunities for the vinyl sulfone market as it is used in the manufacturing of dyes.
Also, with the initiative to recycle old clothes in order to improve environmental health or the launch of conductive or sustainable apparel the demand for dye is multiplying which pullulates the market growth of vinyl sulfone.
“Factors Affecting Vinyl Sulfone Market Growth”
The strict government regulations due to the growing environmental concerns are expected to hinder the growth of the global vinyl sulfone market. Over the past five years, developed regions around the world have committed to phasing out the use of environmentally unfriendly products in dye production. Vinyl sulfone is one of the chemicals on the local government's blacklist.
Aside from the imposition of regulations in various regions, changes in consumer behavior regarding the use of natural-colored textiles have halted opportunistic growth in developed economies. Alternatives are also available to meet the end-user’s requirements such as green alternatives or traditional methods.
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Country-wise Insights
What are the Factors Driving Vinyl Sulfone Demand Across the India?
Increasing garment and apparel production in India is expected to boost the textile industry. This is expected to increase the demand for dyestuffs and create a positive impact on the vinyl sulfone market. Growing demand for vinyl sulfones in colorants has boosted the development of the vinyl sulfones market in India.
The Indian states of Gujarat and Maharashtra, with easier access to raw materials and strong control over the textile business, have immense growth opportunities for the market players. Manufacturers forge strategic relationships with textile industry partners for dyestuff production in India.
Why is China’s Vinyl Sulfone Market Expected to Be Highly Lucrative?
Geographically, China is expected to hold a prominent share of the global vinyl sulfone market and is expected to maintain its dominance during the forecast period. China is the frontrunner in the global vinyl sulfone market. In emerging markets such as China, huge demand for dyestuffs from various end-use industries such as textiles, leather, and paper is driving the market growth.
Growing reactive dye production and logistics across the country to strengthen the demand for vinyl sulfones in China. Vinyl sulfone esters are mainly used in the production of reactive dyes. The growing reactive dye industry in China drives the vinyl sulfone market.
Category-wise Insights
Why does Dyestuff Manufacturing Hold a Higher Market Share?
The development of businesses such as paper, textiles, wood, and leather are major end-users of dye, leading to high dye production. Vinyl sulfone is estimated to witness prominent growth in dyestuff manufacturing as it is used as a raw material for dye production, and the growing dye demand is driving the global vinyl sulfone market.
Dyestuff manufacturing became the largest application segment due to the increasing demand from the textile industry for dying and printing purposes, and others.
Why Phenyl Vinyl Sulfone is in High Demand?
Phenyl vinyl sulfone is an aromatic vinyl sulfone. It is a colorless liquid with a faint sulfur odor. It is insoluble in water but soluble in most organic solvents. This compound is used as a monomer for the synthesis of polymers. Phenyl Vinyl Sulfone is also used as a cross-linking agent and as a plasticizer. On the back of the aforementioned factors, phenyl vinyl sulfone is gaining traction.
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Eminent Players Key Stratagems
Prominent vinyl sulfone manufacturers are Kiri Industries Limited, Bodal Chemicals Ltd., Bhageria Industries Limited, AksharChemIndia, Shree Pushkar Chemicals, and Fertilizers Ltd, among others.
Market participants are using organic and inorganic marketing strategies to reach their goals. Strategic mergers and acquisitions were also observed, followed by new product launches.
Market players are also focusing on strengthening their supply chains by forming long-term trade alliances with regional and global distribution partners while simultaneously establishing new networks.
Fact.MR has provided detailed information about the price points of key manufacturers of vinyl sulfone positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Segmentation of Vinyl Sulfone Industry Research
-
By Type :
- Divinyl
- Phenyl
- Methyl
- Ethyl
-
By Application :
- Chemical Intermediates
- Dyestuff Manufacturing
- Proteomics
- Others
- Color
- Paint
- Leather
- Rubber
- Plastic
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Table of Content
- 1. Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Demand (Tons) Analysis and Forecast
- 5. Global Market - Pricing Analysis
- 6. Global Market Value (US$ million) Analysis and Forecast
- 7. Global Market Analysis and Forecast, By Type
- 7.1. Divinyl
- 7.2. Phenyl
- 7.3. Methyl
- 7.4. Ethyl
- 8. Global Market Analysis and Forecast, By Application
- 8.1. Dyestuff manufacturing
- 8.2. Chemical Intermediates
- 8.3. Proteomics
- 8.4. Others
- 8.4.1. Color
- 8.4.2. Paint
- 8.4.3. Leather
- 8.4.4. Rubber
- 8.4.5. Plastic
- 9. Global Market Analysis and Forecast, By Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & Oceania
- 9.6. Middle East & Africa
- 10. North America Market Analysis and Forecast
- 11. Latin America Market Analysis and Forecast
- 12. Europe Market Analysis and Forecast
- 13. East Asia Market Analysis and Forecast
- 14. South Asia & Oceania Market Analysis and Forecast
- 15. Middle East & Africa Market Analysis and Forecast
- 16. Country-level Market Analysis and Forecast
- 17. Market Structure Analysis
- 18. Competition Analysis
- 18.1. Akshar ChemIndia
- 18.2. Bodal Chemicals Ltd
- 18.3. Bhageria Industries Limited
- 18.4. Fertilizers Ltd.
- 18.5. Kiri Industries Limited
- 18.6. Shree Pushkar Chemicals
- 18.7. Other Prominent Players
- 19. Assumptions & Acronyms Used
- 20. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ million) By Region, 2018 to 2022
Table 2: Global Market Value (US$ million) and Forecast By Region, 2023 to 2033
Table 3: Global Market Volume (Tons) By Region, 2018 to 2022
Table 4: Global Market Volume (Tons) and Forecast By Region, 2023 to 2033
Table 5: Global Market Value (US$ million), By Type, 2018 to 2022
Table 6: Global Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 7: Global Market Volume (Tons), By Type, 2018 to 2022
Table 8: Global Market Volume (Tons) and Forecast By Type, 2023 to 2033
Table 9: Global Market Value (US$ million), By Application, 2018 to 2022
Table 10: Global Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 11: Global Market Volume (Tons), By Application, 2018 to 2022
Table 12: Global Market Volume (Tons) and Forecast By Application, 2023 to 2033
Table 13: North America Market Value (US$ million), By Country, 2018 to 2022
Table 14: North America Market Value (US$ million) and Forecast By Country, 2023 to 2033
Table 15: North America Market Volume (Tons), By Country, 2018 to 2022
Table 16: North America Market Volume (Tons) and Forecast By Country, 2023 to 2033
Table 17: North America Market Value (US$ million), By Type, 2018 to 2022
Table 18: North America Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 19: North America Market Volume (Tons), By Type, 2018 to 2022
Table 20: North America Market Volume (Tons) and Forecast By Type, 2023 to 2033
Table 21: North America Market Value (US$ million), By Application, 2018 to 2022
Table 22: North America Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 23: North America Market Volume (Tons), By Application, 2018 to 2022
Table 24: North America Market Volume (Tons) and Forecast By Application, 2023 to 2033
Table 25: Latin America Market Value (US$ million), By Country, 2018 to 2022
Table 26: Latin America Market Value (US$ million) and Forecast By Country, 2023 to 2033
Table 27: Latin America Market Volume (Tons), By Country, 2018 to 2022
Table 28: Latin America Market Volume (Tons) and Forecast By Country, 2023 to 2033
Table 29: Latin America Market Value (US$ million), By Type, 2018 to 2022
Table 30: Latin America Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 31: Latin America Market Volume (Tons), By Type, 2018 to 2022
Table 32: Latin America Market Volume (Tons) and Forecast By Type, 2023 to 2033
Table 33: Latin America Market Value (US$ million), By Application, 2018 to 2022
Table 34: Latin America Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 35: Latin America Market Volume (Tons), By Application, 2018 to 2022
Table 36: Latin America Market Volume (Tons) and Forecast By Application, 2023 to 2033
Table 37: Europe Market Value (US$ million), By Country, 2018 to 2022
Table 38: Europe Market Value (US$ million) and Forecast By Country, 2023 to 2033
Table 39: Europe Market Volume (Tons), By Country, 2018 to 2022
Table 40: Europe Market Volume (Tons) and Forecast By Country, 2023 to 2033
Table 41: Europe Market Value (US$ million), By Type, 2018 to 2022
Table 42: Europe Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 43: Europe Market Volume (Tons), By Type, 2018 to 2022
Table 44: Europe Market Volume (Tons) and Forecast By Type, 2023 to 2033
Table 45: Europe Market Value (US$ million), By Application, 2018 to 2022
Table 46: Europe Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 47: Europe Market Volume (Tons), By Application, 2018 to 2022
Table 48: Europe Market Volume (Tons) and Forecast By Application, 2023 to 2033
Table 49: East Asia Market Value (US$ million), By Country, 2018 to 2022
Table 50: East Asia Market Value (US$ million) and Forecast By Country, 2023 to 2033
Table 51: East Asia Market Volume (Tons), By Country, 2018 to 2022
Table 52: East Asia Market Volume (Tons) and Forecast By Country, 2023 to 2033
Table 53: East Asia Market Value (US$ million), By Type, 2018 to 2022
Table 54: East Asia Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 55: East Asia Market Volume (Tons), By Type, 2018 to 2022
Table 56: East Asia Market Volume (Tons) and Forecast By Type, 2023 to 2033
Table 57: East Asia Market Value (US$ million), By Application, 2018 to 2022
Table 58: East Asia Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 59: East Asia Market Volume (Tons), By Application, 2018 to 2022
Table 60: East Asia Market Volume (Tons) and Forecast By Application, 2023 to 2033
Table 61: South Asia & Oceania Market Value (US$ million), By Country, 2018 to 2022
Table 62: South Asia & Oceania Market Value (US$ million) and Forecast By Country, 2023 to 2033
Table 63: South Asia & Oceania Market Volume (Tons), By Country, 2018 to 2022
Table 64: South Asia & Oceania Market Volume (Tons) and Forecast By Country, 2023 to 2033
Table 65: South Asia & Oceania Market Value (US$ million), By Type, 2018 to 2022
Table 66: South Asia & Oceania Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 67: South Asia & Oceania Market Volume (Tons), By Type, 2018 to 2022
Table 68: South Asia & Oceania Market Volume (Tons) and Forecast By Type, 2023 to 2033
Table 69: South Asia & Oceania Market Value (US$ million), By Application, 2018 to 2022
Table 70: South Asia & Oceania Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 71: South Asia & Oceania Market Volume (Tons), By Application, 2018 to 2022
Table 72: South Asia & Oceania Market Volume (Tons) and Forecast By Application, 2023 to 2033
Table 73: MEA Market Value (US$ million), By Country, 2018 to 2022
Table 74: MEA Market Value (US$ million) and Forecast By Country, 2023 to 2033
Table 75: MEA Market Volume (Tons), By Country, 2018 to 2022
Table 76: MEA Market Volume (Tons) and Forecast By Country, 2023 to 2033
Table 77: MEA Market Value (US$ million), By Type, 2018 to 2022
Table 78: MEA Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 79: MEA Market Volume (Tons), By Type, 2018 to 2022
Table 80: MEA Market Volume (Tons) and Forecast By Type, 2023 to 2033
Table 81: MEA Market Value (US$ million), By Application, 2018 to 2022
Table 82: MEA Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 83: MEA Market Volume (Tons), By Application, 2018 to 2022
Table 84: MEA Market Volume (Tons) and Forecast By Application, 2023 to 2033
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List Of Figures
Figure 1: Global Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 2: Global Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 3: Global Market Value (US$ million) and Volume (Tons) By Region, 2023 & 2033
Figure 4: Global Market Y-o-Y Growth Rate By Region, 2023 to 2033
Figure 5: Global Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033
Figure 6: Global Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 7: Global Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033
Figure 8: Global Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 9: North America Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 10: North America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 11: North America Market Value (US$ million) and Volume (Tons), By Country, 2023 & 2033
Figure 12: North America Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 13: North America Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033
Figure 14: North America Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 15: North America Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033
Figure 16: North America Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 17: North America Market Attractiveness Analysis By Country, 2023 to 2033
Figure 18: North America Market Attractiveness Analysis By Type, 2023 to 2033
Figure 19: North America Market Attractiveness Analysis By Application, 2023 to 2033
Figure 20: Latin America Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 21: Latin America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 22: Latin America Market Value (US$ million) and Volume (Tons), By Country, 2023 & 2033
Figure 23: Latin America Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 24: Latin America Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033
Figure 25: Latin America Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 26: Latin America Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033
Figure 27: Latin America Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 28: Latin America Market Attractiveness Analysis By Country, 2023 to 2033
Figure 29: Latin America Market Attractiveness Analysis By Type, 2023 to 2033
Figure 30: Latin America Market Attractiveness Analysis By Application, 2023 to 2033
Figure 31: Europe Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 32: Europe Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 33: Europe Market Value (US$ million) and Volume (Tons), By Country, 2023 & 2033
Figure 34: Europe Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 35: Europe Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033
Figure 36: Europe Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 37: Europe Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033
Figure 38: Europe Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 39: Europe Market Attractiveness Analysis By Country, 2023 to 2033
Figure 40: Europe Market Attractiveness Analysis By Type, 2023 to 2033
Figure 41: Europe Market Attractiveness Analysis By Application, 2023 to 2033
Figure 42: East Asia Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 43: East Asia Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 44: East Asia Market Value (US$ million) and Volume (Tons), By Country, 2023 & 2033
Figure 45: East Asia Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 46: East Asia Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033
Figure 47: East Asia Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 48: East Asia Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033
Figure 49: East Asia Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 50: East Asia Market Attractiveness Analysis By Country, 2023 to 2033
Figure 51: East Asia Market Attractiveness Analysis By Type, 2023 to 2033
Figure 52: East Asia Market Attractiveness Analysis By Application, 2023 to 2033
Figure 53: South Asia & Oceania Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 54: South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 55: South Asia & Oceania Market Value (US$ million) and Volume (Tons), By Country, 2023 & 2033
Figure 56: South Asia & Oceania Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 57: South Asia & Oceania Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033
Figure 58: South Asia & Oceania Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 59: South Asia & Oceania Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033
Figure 60: South Asia & Oceania Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 61: South Asia & Oceania Market Attractiveness Analysis By Country, 2023 to 2033
Figure 62: South Asia & Oceania Market Attractiveness Analysis By Type, 2023 to 2033
Figure 63: South Asia & Oceania Market Attractiveness Analysis By Application, 2023 to 2033
Figure 64: MEA Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 65: MEA Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 66: MEA Market Value (US$ million) and Volume (Tons), By Country, 2023 & 2033
Figure 67: MEA Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 68: MEA Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033
Figure 69: MEA Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 70: MEA Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033
Figure 71: MEA Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 72: MEA Market Attractiveness Analysis By Country, 2023 to 2033
Figure 73: MEA Market Attractiveness Analysis By Type, 2023 to 2033
Figure 74: MEA Market Attractiveness Analysis By Application, 2023 to 2033
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- FAQs -
What was the Global Vinyl Sulfone Market Size reported by Fact.MR for 2022?
The global vinyl sulfone market size reported by Fact.MR for 2022 is valued at US$ 1.2 billion.
What is the Vinyl Sulfone Market Estimated to Reach in 2023?
The vinyl sulfone market is estimated to reach US$ 1.3 billion in 2023.
What is the Vinyl Sulfone Market Valuation Expected for 2033?
The vinyl sulfone market valuation is expected to reach US$ 1.9 billion by 2033.
What is the Projected CAGR for the Vinyl Sulfone Market from 2023 to 2033?
The projected CAGR for the vinyl sulfone market from 2023 to 2033 is 4.0%.
Who are the Major Players in the Vinyl Sulfone Market?
Market players which have dominance in the market include Kiri Industries Limited, Bodal Chemicals Ltd., and Bhageria Industries Limited, among others.
What are the Factors Driving the Vinyl Sulfone Sales Growth During the Forecast Period?
Factors such as the growing demand for vinyl sulfone from the flourishing textile industries bolster the growth of the vinyl sulfone market.