Market Overview:
The global pyrit market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for sulfur chemicals and grinding material. Pyrit is used as a raw material for the production of sulfuric acid, which is used in various industries such as fertilizer, pharmaceuticals, and petrochemicals. In addition, pyrit is also used as a grinding material in various industries such as glass making and ceramics. The growing demand for these applications is expected to drive the growth of the global pyrit market during the forecast period.
Product Definition:
Pyrit is a program that can be used to encrypt and decrypt files.
50.0% S:
50.0% S, also known as pyrit, is a mineral and an ore of iron. It has the formula Fe2O3. It occurs in nature as well as can be manufactured from iron oxide ores by reduction at a high temperature. The major sources of pyrit include deposits of hematite and limonite which are both derived from magnetite (Fe2O3).
35%-50% S:
35%-50% S is a pyritic acid ester and is used as an anti-caking agent in the pyrotechnics industry. It helps to prevent the formation of crystals and improves product quality by increasing fluidity. 35%-50% S has applications in various end-use industries such as paints & coatings, plastics, rubber, textiles, paper & pulp processing and cosmetics among others.
Application Insights:
The sulfur chemical application segment led the global pyrit market in 2017. The product is used as a raw material for the manufacturing of sulfuric acid, which is widely utilized in various industries such as pharmaceuticals, water treatment and agriculture. In addition, it finds applications in several other sectors including metal plating and cleaning compounds.
The grinding material segment accounted for over 15% of the global revenue share in 2017 owing to its wide usage as an agent to promote rapid oxidation when mixed with iron oxide or silicon dioxide. It also has excellent abrasive properties; these factors are expected to drive demand from grinding materials applications over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 40.0% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for pyrits from various end-use industries, such as chemical, sulfur and mining processing. In addition, growing construction and automotive industries are also anticipated to drive product consumption across this region during the forecast period.
The Asia Pacific regional market is likely to be followed by North America owing to its high demand for sulfur products coupled with stringent regulations regarding waste management practices pertaining both at domestic level as well as at international levels. Europe accounted for a significant share of global industry revenue dueNorthto its large production base of automobiles and auto components coupled with technological advancements in mineral processing techniques using hydrated lime (calcium hydroxide) alongwith other raw materials such as silica gel or slag powder among others).
Growth Factors:
- Increasing demand for data security and privacy from individual users as well as businesses
- Growing popularity of big data and analytics, which is driving the need for more efficient ways to process and analyze large data sets
- Proliferation of connected devices (IoT) and the resulting increase in data volumes that need to be processed and analyzed
- Development of new applications that can take advantage of Pyrit’s unique capabilities, such as machine learning, deep learning, etc.
- Increased awareness about Pyrit among potential users
Scope Of The Report
Report Attributes
Report Details
Report Title
Pyrit Market Research Report
By Type
50.0% S, 35%-50% S, 35% S
By Application
Sulfur Chemical, Grinding Material, Glass Making, Others
By Companies
Guangdong Guangye Group, TCIGCL Xinqiao Mining, TongLing Nonferrous Metals, Jinniu Mining, Shenzhen Zhongjin Lingnan Nonfemet, Veneta Mineraria, Justo Gems S.A.C., Pakistan Minerals Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Pyrit Market Report Segments:
The global Pyrit market is segmented on the basis of:
Types
50.0% S, 35%-50% S, 35% S
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Sulfur Chemical, Grinding Material, Glass Making, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Guangdong Guangye Group
- TCIGCL Xinqiao Mining
- TongLing Nonferrous Metals
- Jinniu Mining
- Shenzhen Zhongjin Lingnan Nonfemet
- Veneta Mineraria
- Justo Gems S.A.C.
- Pakistan Minerals Company
Highlights of The Pyrit Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 50.0% S
- 35%-50% S
- 35% S
- By Application:
- Sulfur Chemical
- Grinding Material
- Glass Making
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pyrit Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Pyrit is a mineral that is found in the Earth's crust. It is a sulfide mineral and can be found in coal, iron ore, and other minerals. Pyrit can also be produced as a by-product of copper mining.
Some of the major companies in the pyrit market are Guangdong Guangye Group, TCIGCL Xinqiao Mining, TongLing Nonferrous Metals, Jinniu Mining, Shenzhen Zhongjin Lingnan Nonfemet, Veneta Mineraria, Justo Gems S.A.C., Pakistan Minerals Company.
The pyrit market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pyrit Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Pyrit Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pyrit Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Pyrit Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Pyrit Market Size & Forecast, 2020-2028
4.5.1 Pyrit Market Size and Y-o-Y Growth
4.5.2 Pyrit Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 50.0% S
5.2.2 35%-50% S
5.2.3 35% S
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Sulfur Chemical
6.2.2 Grinding Material
6.2.3 Glass Making
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pyrit Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Pyrit Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 50.0% S
9.6.2 35%-50% S
9.6.3 35% S
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Sulfur Chemical
9.10.2 Grinding Material
9.10.3 Glass Making
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 50.0% S
10.6.2 35%-50% S
10.6.3 35% S
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Sulfur Chemical
10.10.2 Grinding Material
10.10.3 Glass Making
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 50.0% S
11.6.2 35%-50% S
11.6.3 35% S
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Sulfur Chemical
11.10.2 Grinding Material
11.10.3 Glass Making
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 50.0% S
12.6.2 35%-50% S
12.6.3 35% S
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Sulfur Chemical
12.10.2 Grinding Material
12.10.3 Glass Making
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 50.0% S
13.6.2 35%-50% S
13.6.3 35% S
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Sulfur Chemical
13.10.2 Grinding Material
13.10.3 Glass Making
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Pyrit Market: Competitive Dashboard
14.2 Global Pyrit Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Guangdong Guangye Group
14.3.2 TCIGCL Xinqiao Mining
14.3.3 TongLing Nonferrous Metals
14.3.4 Jinniu Mining
14.3.5 Shenzhen Zhongjin Lingnan Nonfemet
14.3.6 Veneta Mineraria
14.3.7 Justo Gems S.A.C.
14.3.8 Pakistan Minerals Company
