Carbon Disulfide Market Report

Carbon Disulfide Market Size:

The global carbon disulfide market size reached USD 546.8 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 693.1 Million by 2033, exhibiting a growth rate (CAGR) of 2.67% during 2025-2033. The market is experiencing significant growth mainly driven by its widespread applications in agriculture, chemicals, and pharmaceuticals sectors. The rising demand for viscose rayon and carbon tetrachloride production drives market expansion further.

Carbon Disulfide Market Analysis:

• Major Market Drivers: The market is primarily driven by the extensive product use in producing viscose rayon, a popular textile material. The growing demand for sustainable textiles has stimulated the production of viscose, boosting carbon disulfide consumption. In line with this, the chemical industry heavily relies on carbon disulfide for manufacturing of agrochemicals and specialty chemicals further enhancing its market appeal. The rise in pharmaceuticals further contributes to the product demand, as carbon disulfide is utilized in various synthesis processes.
• Key Market Trends: Key market trends include the gradual shift toward sustainable production practices and the widespread adoption of greener technologies. Increasing environmental regulations are prompting manufacturers to explore eco-friendly alternatives and processes that reduce emissions and waste. In line with this, advancements in recycling and recovery technologies are gaining significant traction, allowing for more efficient use of carbon disulfide. The growing demand for biodegradable and eco-friendly textiles is influencing product development with a focus on sustainable viscose production.
• Geographical Trends: The market shows significant growth in the Asia-Pacific region, mainly in China and India, due to the rapid industrialization and rapid growth in the textile sector. These countries are major producers of viscose rayon, which relies heavily on carbon disulfide. North America and Europe also exhibit notable consumption due to established chemical manufacturing industries although growth is comparatively slower as compared to Asia-Pacific. In line with this, there is an increasing focus on sustainability in Western markets, leading to innovations in production processes. Emerging economies in Southeast Asia are also beginning to adopt carbon disulfide in various applications, thereby further expanding market reach.
• Competitive Landscape: Some of the major market players in the carbon disulfide industry include Arkema S.A., GFS Chemicals Inc., Liaonian Ruixing Chemical Group Co. Ltd., Merck KGaA, Nouryon, Parchem Fine & Specialty Chemicals, Shanghai Baijin Chemical Group Co. Ltd., Shikoku Kasei Holdings Corporation, Tedia Company LLC, Thermo Fisher Scientific Inc, among many others.
• Challenges and Opportunities: The market faces various challenges such as strict environmental regulation and safety concerns related to its toxic nature which can limit its production and use. Manufacturers must invest in safer handling and processing technologies to comply with these regulations. However, there are significant opportunities as the demand for sustainable products rises. The shift toward eco-friendly textiles and biodegradable materials presents a chance for innovation in carbon disulfide applications. In line with this, technological advancements in recycling technologies can enhance efficiency and reduce waste allowing producers to meet both regulatory requirements and market demand for sustainable practices ultimately driving growth in the sector.

Carbon Disulfide Market Trends:

Growing Demand for Biodegradable Textiles

The rising consumer awareness of environmental issues is significantly boosting the demand for biodegradable textiles, particularly in the fashion and home textiles sectors. This trend is driving innovation in viscose production, as manufacturers seek to create eco-friendly alternatives that minimize ecological impact. By incorporating sustainable practices, such as using renewable resources and implementing closed-loop systems, companies can produce viscose that breaks down naturally without harming the environment. Additionally, advancements in technology are enhancing the quality and performance of these biodegradable fabrics, making them attractive options for consumers looking for sustainable choices, ultimately reshaping the textile landscape toward more sustainable practices. According to the carbon disulfide market overview, the increasing demand for biodegradable textiles is propelling the use of carbon disulfide in viscose production, as manufacturers adopt sustainable practices to create eco-friendly fabrics that meet consumer expectations for environmental responsibility. For instance, in March 2023, Ikea partnered with environmental non-profit Canopy to ensure that its home textile products are sourced from sustainable viscose supply chains. This partnership aims to avoid the use of ancient and endangered forests in the production of viscose. Through the CanopyStyle initiative, Ikea will select suppliers based on their environmental practices, with a focus on protecting forests. This move comes as part of a larger "nature positive pledge" signed by several major businesses to promote biodiversity restoration.

Rising Focus on Sustainability

The textile industry is increasingly prioritizing sustainability as the consumers demand environmentally friendly products. This shift is prompting manufacturers to adopt eco-friendly production methods, such as using organic materials, reducing water and energy consumption, and minimizing waste. For instance, in March 2023, Renewcell and Sanyou announced a partnership to produce Circulose® viscose fibers from 100% recycled textiles. This collaboration, facilitated by Ekman Group, marks a significant step toward circular fashion. Tangshan Sanyou aims to lead in commercializing 100% Circulose® content fibers and has already begun using Circulose® made from recycled cotton in its viscose fibers production. The companies plan to globally market the fibers using Renewcell’s Circulose® brand. Technologies like closed-loop systems and sustainable dyes are gaining traction, allowing for reduced environmental impact. Additionally, brands are focusing on transparency in their supply chains, ensuring that sustainable practices are maintained throughout production, ultimately appealing to eco-conscious consumers and enhancing brand reputation. These advancements and collaborations in sustainable textile production are creating a positive carbon disulfide market outlook by facilitating the demand for eco-friendly viscose fibers that utilize carbon disulfide as a key input.

Rising Product Demand in Emerging Market

Emerging markets, particularly in Southeast Asia, are witnessing a significant rise in the adoption of carbon disulfide as industrialization accelerates. Countries, such as Vietnam, Indonesia, and Thailand, are expanding their textile and chemical industries, creating a higher demand for carbon disulfide, especially for viscose production. This growth is driven by the increased consumer demand for textiles and other products that utilize carbon disulfide as a key ingredient. Additionally, government initiatives to boost manufacturing capabilities and attract foreign investment further support market expansion. Emerging economies in Southeast Asia are contributing to the evolving carbon disulfide market dynamics through industrialization and increased consumption. As these economies continue to develop, the carbon disulfide market is poised for substantial growth, fueled by industrial advancements and innovation. For instance, in September 2023, Lenzing Group announced their plans to expand its eco-friendly viscose production in Indonesia, targeting environmentally conscious consumers. The Purwakarta site will ramp up production of Lenzing Ecovero and Veocel fibers, which are EU Ecolabel certified. The site aims to reduce sulphur emissions, CO2 footprint, and wastewater. The increased production will cater to the rising demand for responsible viscose in the Asia-Pacific region, reducing the overall carbon footprint of the textile supply chain.

Carbon Disulfide Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on purity, application, and end user.

Breakup by Purity:

• Pure
• Impure
   

The report has provided a detailed breakup and analysis of the market based on the purity. This includes pure and impure.

Pure carbon disulfide is a highly refined form of the compound, used predominantly in industries requiring stringent quality standards, such as pharmaceuticals, chemical manufacturing, and textiles. Its high purity ensures minimal contamination, making it ideal for applications like solvent production and as a reactant in chemical synthesis. The demand for pure carbon disulfide is driven by industries prioritizing precision and safety in their processes. However, the production of pure carbon disulfide is more costly due to the need for advanced refining techniques, contributing to higher market prices compared to its impure counterpart.

Impure carbon disulfide contains varying degrees of contaminants and is often used in less sensitive industrial applications, such as rubber manufacturing, mining, and pest control. The production costs for impure carbon disulfide are lower, making it a cost-effective option for industries where purity is not a primary concern. Despite its reduced quality, impure carbon disulfide still plays a crucial role in industrial processes due to its effectiveness as a solvent and chemical intermediate. Its market demand is driven by large-scale industries in regions where cost considerations outweigh the need for high-purity products.

Breakup by Application:

• Rayon
• Rubber
• Cleaning Carbon Nanotubes
• Perfumes
• Cellophane
• Others
   

Rubber holds the largest share of the industry

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes rayon, rubber, cleaning carbon nanotubes, perfumes, cellophane, and others. According to the report, rubber accounted for the largest market share.

According to carbon disulfide market research report, the rubber industry holds the largest share of the carbon disulfide market due to its critical role in the production of vulcanized rubber. Carbon disulfide is a key chemical used in the vulcanization process, which enhances the elasticity, strength, and durability of rubber. This is essential for manufacturing various rubber products, including tires, conveyor belts, and hoses. The growing demand for automotive and industrial rubber products, especially in developing regions, further boosts the need for carbon disulfide. As the rubber industry continues to expand, particularly in the automotive sector, the demand for carbon disulfide remains strong and consistent. The increasing production of tires and other rubber-based products in the automotive and industrial sectors is driving the carbon disulfide demand, particularly as manufacturers seek enhanced durability and performance in their materials. According to an article published by the Economic Times, global tire giants, including Michelin, Bridgestone, and Goodyear, are set to invest around Rs 3,000 crore in India's manufacturing sector under a government scheme linking imports to local investment. This move, aimed at boosting domestic production, is a response to the Centre's import restrictions and is expected to create several hundred jobs. The scheme is designed to encourage capacity expansion by linking it to import permissions, addressing disruptions faced by foreign companies.

Breakup by End User:

• Pharmaceuticals
• Agriculture
• Packaging
• Textile
• Cosmetics
• Others
   

Agriculture represents the leading market segment 

The report has provided a detailed breakup and analysis of the market based on the end user. This includes pharmaceuticals, agriculture, packaging, textile, cosmetics, and others. According to the report, agriculture represented the largest segment.

Agriculture represents a leading segment in the carbon disulfide market due to its widespread use in pesticides and fumigants. Carbon disulfide plays a crucial role in controlling soil-borne pests, fungi, and other harmful organisms that threaten crops. It is particularly effective in protecting grains and other stored products from insect infestations. The growing demand for higher agricultural yields, combined with the need for efficient pest management solutions, is driving the use of carbon disulfide in this sector. As global food production expands to meet rising population needs, the agricultural sector’s reliance on carbon disulfide continues to fuel carbon disulfide market growth particularly in emerging economies, where agriculture remains a dominant industry. Furthermore, the increasing use of carbon disulfide in soil fumigation helps improve crop quality by eliminating nematodes and other harmful organisms. The expansion of agricultural activities in developing regions further boosts the demand, as carbon disulfide proves essential in enhancing productivity and ensuring food security.

Breakup by Region:

• North America 
  • United States
  • Canada
• Europe 
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others
• Asia Pacific 
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Latin America 
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Asia Pacific leads the market, accounting for the largest carbon disulfide market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific represents the largest regional market for carbon disulfide.

Asia-Pacific leads the carbon disulfide market, accounting for the largest market share due to the region's rapid industrialization and strong demand across key sectors like rubber, agriculture, and chemicals. The region is home to major manufacturing hubs, particularly in countries like China and India, where the automotive and agricultural industries are experiencing significant growth. Additionally, increasing infrastructure projects and the expansion of the chemical sector further drive carbon disulfide demand. Favorable government policies supporting industrial growth, combined with the region’s access to raw materials and cost-effective production capabilities, solidify Asia-Pacific’s dominant position in the global carbon disulfide market. According to the report published by the India Brand Equity Foundation, in the textile industry, India's Man-made Fiber (MMF) exports are expected to rise by 75% to reach US$ 11.4 billion in 2030, up from approximately US$ 6.5 billion in 2021-22. The country is the world's sixth-largest exporter of MMF textiles, with synthetic fibers like polyester and viscose dominating the market.

Competitive Landscape:

• The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the carbon disulfide industry include Arkema S.A., GFS Chemicals Inc., Liaonian Ruixing Chemical Group Co. Ltd., Merck KGaA, Nouryon, Parchem Fine & Specialty Chemicals, Shanghai Baijin Chemical Group Co. Ltd., Shikoku Kasei Holdings Corporation, Tedia Company LLC, Thermo Fisher Scientific Inc, etc.
  
  (Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
   
• The carbon disulfide market experiences heightened competition due to the diverse applications across sectors like textiles, mining, and pharmaceuticals. Companies are continually investing in advanced technologies to enhance production efficiency and reduce environmental impact, which is becoming increasingly crucial due to strict government regulations on emissions. In addition to production efficiency, players are focusing on product differentiation, such as developing purer grades of carbon disulfide to cater to specialized industries. Supply chain management and strategic partnerships are also becoming critical in staying competitive, as raw material volatility and transportation costs can significantly impact profitability. Global demand growth, particularly in Asia-Pacific, further drives the competitive landscape. These advancements in technology, focus on sustainability, product differentiation, and strategic supply chain management are expected to increase carbon disulfide market revenue in the coming future.

Carbon Disulfide Market News:

• In February 2023, Iran and China were in negotiations for the construction of a carbon disulfide production plant in Ilam Province, with a proposed $50 million investment from Shanghai Baijin Chemical Group Company. Ilam's governor general had expressed readiness for the project during a meeting with provincial authorities and Chinese company officials. The governor had highlighted the province's investment potential and its advantageous 436-km border with Iraq for petrochemical and downstream product exports.
• In January 2024, Birla Cellulose's Kharach plant in Gujarat achieved EU BAT status by successfully commissioning a carbon-disulphide adsorption plant for CS2 recovery. The closed-loop technologies minimize CS2 and H2S emissions, recovering 90-95% of sulfur. The company's Vilayat plant is already EU BAT compliant, setting global benchmarks. Birla Cellulose was also ranked number one in Canopy's Hot Button Report 2023 and continues to lead in sustainable practices and innovations in MMCF production.

Carbon Disulfide Market Report Scope:

Key Questions Answered in This Report:

• How has the global carbon disulfide market performed so far, and how will it perform in the coming years?
• What are the drivers, restraints, and opportunities in the global carbon disulfide market?
• What is the impact of each driver, restraint, and opportunity on the global carbon disulfide market?
• What are the key regional markets?
• Which countries represent the most attractive carbon disulfide market?
• What is the breakup of the market based on the purity?
• Which is the most attractive purity in the carbon disulfide market?
• What is the breakup of the market based on the application?
• Which is the most attractive application in the carbon disulfide market?
• What is the breakup of the market based on the end user?
• Which is the most attractive end user in the carbon disulfide market?
• What is the competitive structure of the market?
• Who are the key players/companies in the global carbon disulfide market?

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the carbon disulfide market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the global carbon disulfide market.
• The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
• Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the carbon disulfide industry and its attractiveness.
• The competitive landscape allows stakeholders to understand their competitive environment and provides insight into the current positions of key players in the market.