Sulfur Dioxide Market Expected to Reach USD 10.22 Billion by 2032 | Growing at a CAGR of 3.5%

Market Research Future (MRFR) has published a latest research report on the “Global Sulfure Dioxide Market” that contains information from 2018 to 2032. The Sulfure Dioxide market is estimated to register a CAGR of 3.50% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Sulfure Dioxide market— Boliden Group, Ineos Group Ltd., Linde plc,  Kemira Oyj, Chemtrade Logistics Inc., Grillo Werke AG,  PVS Chemicals, Esseco Group S.r.l.

Market Highlights

The global Sulfure Dioxide market is accounted to register a CAGR of 3.50% during the forecast period and is estimated to reach USD 10.225 billion by 2032.

The rising demand for sulfuric acid is driving the sulfur dioxide market's compound annual growth rate. The demand for sulfuric acid is anticipated to increase dramatically because it is necessary for the production of sulfuric acid, particularly with the expansion of the electronic industry. Electronic-grade sulfuric acid is used extensively in the production of integrated circuits, PCB screens, and semiconductors. The Semiconductor Industry Association estimates that global semiconductor sales in 2020 were $439.0 billion, up 6.5 percent from 2019. It is projected that this growth will continue throughout the forecast period propelled by technological advancements, especially in the healthcare and automotive industries.

Segment Analysis

The global Sulfure Dioxide market has been segmented based on form, application and end users

Based on form, the global Sulfure Dioxide market has been segmented into gas, liquid. The liquid segment was expected to hold the largest market share in 2022. Liquid sulfur dioxide has many uses in many different industries, including the manufacturing of sodium bisulfite, pulp and paper, and water treatment. It can be used as a preservative, purifier, oxidizer, pH regulator, recycling lithium batteries, and leaching in the mining industry, among other things. Because of this, the market growth rate is anticipated to accelerate during the forecast period due to the notable growth in these industries.

Based on application, the global Sulfure Dioxide market has been segmented into Preservatives, Winemaking, Reducing Agents, Refrigerants, Bleaching agents, Food Additives, and Others. The Refrigerant segment was expected to hold the biggest market share in 2022. This expansion is due to the increase in the use of refrigerants in various industries.

Based on distribution channels, the global Sulfure Dioxide market has been segmented into Chemicals, Textiles, Food & Beverages, Oil & Gas, Pharmaceuticals, Agriculture, and Others. The Food and Beverages segment was anticipated to hold the major market share in 2022. This is due to growing food and beverages industries around the world.

Regional Analysis

The global Sulfure Dioxide market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Sulfure Dioxide market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Sulfure Dioxide market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Sulfure Dioxide market comprises of Middle East, Africa, and Latin America.

The largest market share for Sulfure Dioxide was maintained by the North American regional sector. Due to the necessity of sulfuric acid, a significant derivative of sulfur dioxide, for various industries, such as electronics and automotive, the demand for sulfur dioxide is rapidly increasing in North America.

Moreover, the Europe market has been persistently growing over the forecast period. This is due to rising demand from a range of industries and an increasing emphasis on environmentally friendly applications, highlighting the region's crucial position in the world market for sulfur dioxide. Additionally, the UK sulfur dioxide market was growing at the fastest rate in the European region, while the German sulfur dioxide market held the largest market share.

Additionally, the demand for ready-to-eat food products and beverages has increased in the region due to rapid urbanization, changing lifestyles, and the busy schedules of working people. This is a key factor driving the growth of the sulfur dioxide market. The use of sulfur dioxide in food and beverage products is gradually increasing in China due to the growing popularity of alcoholic beverages, which is driving the growth of the sulfur dioxide market.

Furthermore, the rest of the world's Sulfur Dioxide market is divided into the Middle East, Africa, and Latin America. This growth is attributed to rising economic development, growing industrialization, and food and beverages industries.

Key Findings of the Study

• The global Sulfur Dioxide market is expected to reach USD 10.225 billion by 2032, at a CAGR of 3.50% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to rapid urbanization and a economic development, growing industrialization, and food and beverages industries.


• Based on form, the liquid segment was attributed to holding the largest market in 2022, with an approximate market share of 79%.


• Boliden Group, Ineos Group Ltd., Linde plc, Kemira Oyj, Chemtrade Logistics Inc., Grillo Werke AG, PVS Chemicals, Esseco Group S.r.l.