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Vinyl Sulfone Global Market Report 2023: Textile Industry

Vinyl Sulfone Market Exhibiting 4% CAGR; Expansion of Textile Industry in Emerging Nations Driving Growth: Fact MR

Share this article Share this article NEW YORK, May 25, 2021 /PRNewswire/ As per a study by Fact MR, the global vinyl sulfone market is forecast to surpass the valuation of US$ 1.2 Bn by the end of 2021. According to the study, vinyl sulfone is an essential reagent for manufacturing of reactive dies and die intermediates. It is also important for biomedical industry for its ability to irreversible halt some types of cysteine proteases. Such versatility of vinyl sulfone in terms of application is boosting the market growth. Unstable government policies regarding the safety and us of vinyl sulfone has created a high risk-high reward market in India. Hazardous waste generated after manufacturing of vinyl sulfone is not biodegradable. Thus stringent government policies are introduced to tackle the issue, significantly hurting the market demand.

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