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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Australia Sulfur Market Outlook
The Australia sulfur market size is projected to grow at a CAGR of 3.1% between 2024 and 2032.
Key Takeaways
- In 2022, data from OEC World revealed that Australia's sulfur imports amounted to $168M, positioning the country as the 15th largest importer globally, thereby contributing to the Australia sulfur market growth.
- Based on OEC world data, Australia's sulfur exports in 2022 totalled $356k, ranking the country as the 78th largest sulfur exporter globally. Additionally, sulfur stood as Australia's 1,023rd most exported product during the same year.
- As per the Department of Agriculture, Fisheries, and Forestry, the import value of fertilizer surged from $2.5 billion in 2020-21 to $4.9 billion in 2021-22 thus boosting the Australia sulfur market.
The Australia sulfur market growth is driven by its expanding utility, sulfur being utilized in desulfurization processes, aiding in the elimination of sulfur impurities from metals such as iron, steel, and copper
Sulfur plays a vital role in metal manufacturing by aiding desulfurization processes, enhancing metal quality, facilitating alloy production such as manganese-sulfur steel, serving as a reducing agent, improving corrosion resistance, and providing cost efficiencies.
In pharmaceuticals, sulfur compounds serve crucial functions as intermediates in drug synthesis. They offer antimicrobial properties, contribute to skincare treatments for conditions like acne, act as catalysts in chemical reactions, and function as preservatives.
Viva Energy Refining obtained a development license from EPA Victoria to upgrade its Corio refinery for ultra-low sulfur petrol production. This decision followed extensive consultations with the local community and government, aligning with the Federal Government's $250m Refinery Upgrades Program.
Market Segmentation
Australia Sulfur Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Form
- Liquid
- Solid
Market Breakup by Technology
- Pastilles
- Granules
- Prilling
Market Breakup by End Use
- Metal Manufacturing
- Pharmaceuticals
- Fertilizer
- Rubber Processing
- Chemical Processing
- Others
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
The Australia sulfur market key players are Devco Australia Holdings Pty Ltd, Swancorp Pty Ltd, Vitec Organics Pty Ltd, and Kismet International Pty Ltd among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Form |
|
| Breakup by Technology |
|
| Breakup by End Use |
|
| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is projected to grow at a CAGR of 3.1% between 2024 and 2032.
The sulphur market is categorised according to form, which includes solid and liquid.
The key players are Devco Australia Holdings Pty Ltd, Swancorp Pty Ltd, Vitec Organics Pty Ltd, and Kismet International Pty Ltd among others.
Based on sulphur technology, the market is divided into pastilles, granules and prilling.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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