Organosulfur Compounds Market Analysis
Organosulfur Compounds Market - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027
The global organosulfur compounds market size is expected to witness potential gains in the future, and register a significant CAGR over the forecast period (2019 - 2027).
Organosulfur compounds are organic compounds that contain sulfur and are found in cruciferous vegetables such as broccoli, cauliflower, brussel sprouts, garlic, and onion. These compounds can be derived from both plant and animal sources and are present in the form of certain essential amino acids such as cysteine, cystine and vitamins and hormones in the bodies of all living organisms. Some compounds such as sulfur mustard is a deadly chemical warfare agent.
Use of organosulfur compounds in the pharmaceutical and healthcare sector is a major factor boosting growth of the global organosulfur compounds market. Sulfimides contain pharmacological properties and can be used for the treatment of bacterial infections. Therefore, significant growth in the pharmaceutical industry is expected to boost the market growth for organosulfur compounds. Naturally occurring organosulfur compounds have important medicinal properties such as preventing platelet aggregation or fighting cancer. Garlic contains organosulfur compounds, predominantly allyl derivatives that inhibit carcinogenesis in forestomach, esophagus, colon, mammary gland and lung of experimental animals. Sulfur containing compounds also aid in preventing cardiovascular diseases and diabetes.
Key players in the market can focus on developing new therapies for the treatment of cancer using organosulfur compounds in order to enhance their market share.
Asia Pacific is expected to account for the largest market share during the forecast period. This is owing to increasing consumption of various compounds in the pharmaceutical and poultry industries. The market in Asia Pacific is expected to be driven by growing poultry industry in China and India. Methionine, an organosulfur compound, is used as dietary supplement for poultry birds. North America is expected to witness significant growth in the market, owing to presence of major pharmaceutical and chemical companies in the region. Compounds such as sulfoxides, sulfones, and sulfonediimines are widely used in the manufacturing of pharmaceuticals.
Increasing demand for biopesticides and biochemicals is expected to contribute to growth of the market in Europe. The European Commission is focused on limiting the use of harmful chemicals in the agricultural sector. Organosulfur compounds are also used as biocides.
Some of the major players operating in the global organosulfur compounds market include, Chevron Philips Corporation, Gaylord Chemical, Arkema Chemical Company, and New India Detergents ltd.