Australia Sulfur Market Report and Forecast 2024-2032

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