Global Disulfide Oil Market To Grow At A CAGR Of 3.1% Over 2017-2021

Date: 2017-08-22

Disulfide oil is composed of two hdrocarbon molecules tied together by two sulfur atoms. The general formula is RSSRWhere R is any hydrocarbon, and includes the appropriate number of hydrogens to complete the hydrocarbon.

Disulfide oils are generally produced as byproducts of gas sweetening–a process where sulfur is removed from liquid petroleum gas (LPG). Separating disulfide oil into hydrocarbons (oil) and sulfur (disulfide) requires hydrotreating. After hydrotreating, the hydrocarbons can be blended with other fuel oils.

The growing industrial process is expected to foster the growth for Disulfide Oil as it is stable pale yellow liquid which works as an effective product in the catalyst sulfiding process because of its high sulfur content. Most refineries utilize Disulfide Oil as it has more sulfur per pound, also works as an effective product for operators in the petrochemicals industry, according to research, the global Disulfide Oil market is expected to register a CAGR of 3.1% during 2017-2021.

Geographically, Asia Pacific dominated market and accounted for 58% of the global demand in 2015, according to research, the Asia Pacific is also expecting to grow at fastest CAGR with a 3.6% over 2016-2020, and the region followed by North America, and Europe that together accounted for 28.9% of the overall market. Disulfide Oil consumption is also expected to increase in the Middle East and Africa owing to growth in petrochemical sector, where it is used as feed stock.

On the basis of application, industrial engines are the largest consumption sector for marine lubricants over 2017-2021, The main function of the Disulfide Oil is to help in the formation of thick film of oil in between the moving parts of the machinery, which reduces the wear and friction in between the moving parts of engine. There are two types of oils used in the ship/vessel, cylinder oil and system oil. Lesser maintenance cost and longer running time for different vessels are generating huge demand for engine oil across the shipping industry.

Global top manufacturers operating in Disulfide Oil market are Total S.A., BP PLC, Royal Dutch Shell Plc., Chevron Corporation, Sinopec Corporation, Lukoil, Exxon Mobil Corporation, Akzonobel, GFS Chemicals Inc., Arkema Inc., Shanghai Baijin Chemical Group, Avantor Materials, ShanXi Jinxinghua Chemical Co. Ltd., Manass Jinyunli Chemical Co. Ltd., Jiangsu Jinshan Chemical Co. Ltd. among others.

Global Disulfide Oil market share by geography as following:

Read Full Report: http://www.gosreports.com/global-disulfide-oil-market-research-report-2016/

Joanna | Executive – International Business and partner Relations
E-mail: info@gosreports.com | Tel: 1-510-400-8520
Web: www.gosreports.com
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