North America Sulfur Dioxide Market Is Expected To Rise At A CAGR Of 7.8% From 2016 To 2024


Posted November 14, 2018 by rakeshkhandare

The market for sulfur dioxide in North America has been segmented on the basis of application into sulfuric acid, bleaching agents, refrigerating agents, food preservatives and antioxidants, and others.

 
North America Sulfur Dioxide Market: Scope and Methodology
This research study analyzes the market for sulfur dioxide in terms of revenue (US$ Mn) and volume (Million tons). The sulfur dioxide market has been segmented on the basis of application, end use, and geography. The geographical segmentation includes countries such as the U.S. and Canada. The report features a detailed regional segmentation with market growth forecasts for the years 2016−2024. 2015 has been considered as the base year and 2016 the estimated year, while all forecasts have been given for the period from 2016 to 2024. Market data for all the segments has been provided at the country-specific levels from 2016 to 2024.
The report provides a broad competitive analysis of companies engaged in the development of sulfur dioxide. The report also includes key market dynamics such as the drivers, restraints, and opportunities affecting the North America sulfur dioxide market. These are analyzed in detail and illustrated in the report with the help of supporting graphs and tables.

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The high-level analysis in the report provides detailed insights into the sulfur dioxide market in North America. There are currently numerous drivers for the market. Prices of sulfur dioxide vary in each country and depend on the demand-supply scenario. Hence, a similar volume-to-revenue ratio does not follow for each individual country. Individual pricing of sulfur dioxide for each application has been taken into account while estimating and forecasting market revenue on the regional level. Regional average price has been considered while breaking down the market into application segments in each country The most prominent drivers include strong growth in bleaching application and rising demand for sulfuric acid (H2SO4).
Market attractiveness analysis was carried out for the sulfur dioxide market on the basis of end use, application, region, and country. Market attractiveness was estimated on the basis of common parameters that directly impact the market.
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On the basis of end use type, the market has been segmented into chemicals, textiles, food & beverages, and others. By application, the sulfur dioxide market has been segmented by sulfuric acid, bleaching agent, refrigerating agent, food preservative and antioxidant, and others applications. Application segments have been analyzed based on current trends and future potential. Regional segmentation includes current and forecast demand for sulfur dioxide in North America. The region has been further sub-segmented into countries and sub-regions with relevance to the market. Segmentation also includes demand for individual application type in the region
In terms of geography, the market has been segmented into two countries: the U.S. and Canada. The U.S. is expected to remain the dominant market for sulfur dioxide, with demand reaching 2,389.0 million tons by 2024. Canada is one of the fastest growing economies in the world. Favorable government regulations and the emergence of medium and small enterprises in Canada have contributed significantly to the sulfur dioxide market.


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Issued By TMr
Country India
Categories Business
Last Updated November 14, 2018