Sulfurprices have soared recently as a result of growing demand from Asiaand other major carbon emitters. As a result, the Sulphuric AcidMarket is poised to have double demand next season, with demandexpected to develop faster than supply. As a result, the bio-sulphurmarket is experiencing double demand next season, with demandexpected to develop faster than supply. As well as limiting supply,this scenario presents a substantial hurdle to entry for smallplayers in the sulphur market.
Chinais one of the fastest-growing consumers of sulphuric acid in theworld. In the last 36 months, China has invested a substantial amountin its sulphur dioxide production facilities. Due to this growingdemand and limited supply, it's unlikely that China will reduce itssulphur dioxide production anytime soon, making the SulphuricAcid Marketone of the few opportunities for developing countries to takeadvantage of.
Otherglobal sulphuric acid market challenges exist for sulphur plantproducers. For starters, increased demand from Asia and the MiddleEast presents significant challenges to the ability to extract andtransport raw materials, particularly oil and gas. Additionally, therising cost of importing raw materials (such as coal and petroleum)presents significant competitive challenges to exporters. For thesereasons, several countries are restricting their sulphur miningactivities or require suppliers to obtain prior approval beforeventuring into new markets.
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