Thiochemicals Market Growth, Demand and Challenges of the Key Industry Players 2023-2028
                     Global Thiochemicals 
Market Research and 
Forecast Report 2023-
2028
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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developments  for  bus iness leaders  in  pharmaceut ica l ,  indust r ia l ,  and h igh technology 
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are at  the top of  the company’s  exper t ise.
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achieve unmatchable compet i t ive advantage,  bui ld  more pro f ic ient  organizat ions,  and secure 
las t ing resul ts .
Accord ing  t o  t he  l a tes t  repo r t  by  IM ARC G roup ,  t i t l ed  "Th iochemi ca ls  Market :  
G loba l  I ndust ry  T rends ,  Share ,  S ize ,  Grow th ,  Opportun i ty  and  Forecast  2023-
2028, "  t he  g loba l  t h iochemica ls  marke t  s i ze  reached US$  1038 .6  M i l l i on  in  2022 .
Th iochemica ls  a re  a  g roup o f  o rgan ic  chemica l  compounds  ma in ly  r e f e r red  t o  as  
Report su l f u r  ana logs  o f  a l coho ls  con ta in ing  a  su l f u r  a tom in  the  p lace  o f  t he  oxygen 
a t om.  The  rep lacemen t  o f  a t om s caused  by  the  reac t ion  i s  known as  t h i ona t ion  o r  
Highlight and t h ia t ion .  S ince  t he  assoc ia t ion  o f  mo lecu les  in  t h iochem ica ls  happen t h rough  hydrogen 
bond ing ,  t hey  exh ib i t  l ower  bo i l i ng  po in t s  and  are  l ess  so lub le  i n  wat e r .  Bes ides  
Description t h i s ,  t hey  a re  a lso  charac t e r i zed  by  a  s t rong  odor  t ha t  r esemb les  t he  scent  o f  
ga r l i c  and  on ions .  They  f ind  ex t ens ive  app l i ca t i ons  in  t he  p roduc t ion  o f  an ima l  
nu t r i t i on ,  ag rochemica ls ,  po l ymers ,  consumer  goods  and  p las t i cs .
Request  fo r  a  PDF sample  o f  th is  repor t :  
ht tps : / / www. imarcgroup .com/ t h iochemica ls -marke t / r eques tsamp le
Report Description
Gl o b a l  T h i o ch e m i c a l s  M a r ke t  T r en d s :
T he  g l o b a l  ma r k e t  i s  p r i m a r i l y  d r i v e n  b y  th e  i n c r ea s i n g  p ro d u c t  d e m an d  f r o m t he  p o u l t r y  i n d u s t r y .  T h i s  i s  su p p o r t e d  b y  t h e  
g r o w i n g  u t i l i z a t i o n  o f  t h i o ch e m i ca l s  i n  t h e  p r o d uc t i o n  o f  m e t h i on i n e ,  t h a t  s e r v e s  a s  a n  e ss e n t i a l  d i e t a ry  s u pp l e m en t  i n  t h e  
de v e l o p me n t  o f  p o u l t r y  a n i ma l s .  A p a r t  f r o m  t h i s ,  t he  g r o w i ng  i n v e s t m e n ts  b y  p u b l i c  a n d  p r i v a te  a g en c i e s  i n  t h e  c o ns t r u c t i o n  
o f  n e w  c h em i c a l  p l a n ts  a nd  i m p r o v i n g  t h e  e x i s t i n g  i n f r a s t r u c t u re  a r e  c r e a t i n g  a  p o s i t i v e  ma r k e t  ou t l o o k .  Mo r e ov e r ,  t h e  
w i de s p r ea d  ad o p t i on  o f  t h i o ch e m i c a l s  a c ro s s  t h e  o i l  a nd  ga s  s e c t o r  f o r  d e t e c t i n g  g a s  l e a ka g e  i s  i mp a c t i n g  t h e  m a rk e t  
f av o r a b l y .  
F u r t h e r m o r e ,  t h e  r i s i n g  p r od u c t  u t i l i za t i o n  i n  t he  m an u f a c tu r i n g  o f  t h i o g l y co l i c  a c i d s  t h a t  a re  w i d e l y  u se d  a s  a  sy n t h es i z i n g  
ag e n t  f o r  po l y v i n y l  ch l o r i d e  (P V C )  h e a t  s ta b i l i z e r s  i s  s i g n i f i c a n t l y  s u p p o r t i n g  t h e  d e m an d  f o r  t h i o c h em i c a l s  o n  t h e  g l o b a l  
l e v e l .  O th e r  f a c to r s ,  i n c l ud i n g  r a p i d  i n d u s t r i a l i z a t i o n ,  c o n t i nu o u s  i m p r o v e me n t s  i n  t h e  c h e m i c a l  i n d u s t r y ,  a nd  e x t en s i v e  
re s e a rc h  a n d  d e v e l op m e n t  ( R & D )  a c t i v i t i e s  c on d u c t ed  b y  k e y  p l ay e r s ,  a r e  a l so  p o s i t i v e l y  i n f l u e n c i ng  t h e  m a r k e t  g r ow t h .
L o o k i n g  fo r w a rd ,  t h e  m a r ke t  i s  a n t ic i p a te d  t o  r e ac h  a  v a l u e  o f  U S $  1 , 4 3 2 . 1  M i l l i o n  b y  20 2 8 ,  ex h i b i t in g  a  C A G R  o f  5 .3 %  
d u r i n g  2 0 2 3 -2 0 2 8 .
V i e w  R e p o r t  T O C ,  F i g u r e s  a n d  T a b l e s :  h t t p s : / / w ww . i m a r c g ro u p . co m / t h i o c h e m i c a l s - m a rk e t
Breakup by Product Type:
• Mercaptan
• Dimethyl  Sulfoxide (DMSO)
• Dimethyl  Disulfi de (DMDS)
• Thioglycol ic Acid and Ester
• Thiourea
Report • Others
Segmentation Breakup by Application:
• Animal Nutr i t ion
• Oil  and Gas
• Polymers and Chemicals
• Food and Agrochemicals
• Automotive and Transportation
• Consumer Goods
• Plastics
• Others
Breakup by Region:
• North America
Report • Asia-Pacifi c
• Europe
Segmentation • Latin America
• Middle East and Afr ica
• Arkema S.A.
• Bruno Bock GmbH (Bruno Bock Holding GmbH 
& Co.  KG)
• Chevron Phi l l ips Chemical Company LLC
Competitive • Daicel  Corporat ion
• Dr.  Spiess Chemische Fabr ik  GmbH (GECHEM 
Landscape GmbH & Co KG)
•
with Key Hebei Yanuo Bioscience Co.  Ltd.
• Hohhot Guangxin Chemical  Trade Co.  Ltd.
Players • Langfang Shinya Chemical  Co.  Ltd.
• Merck KGaA
• TCI Chemicals ( India) Pvt .  Ltd
• Toray Fine Chemicals Co.  Ltd.  (Toray Industr ies 
Inc. ) .
What was the size of the global thiochemicals 
market in 2022?
What is the expected growth rate of the global 
thiochemicals market during 2023-2028?
What are the key factors driving the global 
Key thiochemicals market?
Questions What has been the impact of COVID-19 on the 
global thiochemicals market?
Answered in 
What is the breakup of the global thiochemicals 
the Report market based on product type?
What is the breakup of the global thiochemicals 
market based on the application?
What are the key regions in the global 
thiochemicals market?
Who are the key players/companies in the global 
thiochemicals market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
Table of         2 . 4 . 1     B o t t o m - U p  A p p r o a c h        2 . 4 . 2     T o p - D o w n  A p p r o a c h
    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
Contents     4 . 1     O v e r v i e w    4 . 2     K e y  I n d u s t r y  T r e n d s5     G l o b a l  T h i o c h e m i c a l s  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  P r o d u c t  T y p e
    6 . 1     M e r c a p t a n
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     D i m e t h y l  S u l f o x i d e  ( D M S O )
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
    6 . 3     D i m e t h y l  D i s u l f i d e  ( D M D S )
        6 . 3 . 1  M a r k e t  T r e n d s
        6 . 3 . 2  M a r k e t  F o r e c a s t
       
    6 . 4     T h i o g l y c o l i c  A c i d  a n d  E s t e r
        6 . 4 . 1  M a r k e t  T r e n d s
        6 . 4 . 2  M a r k e t  F o r e c a s t
    6 . 5     T h i o u r e a
        6 . 5 . 1  M a r k e t  T r e n d s
        6 . 5 . 2  M a r k e t  F o r e c a s t
    6 . 6     O t h e r s
        6 . 6 . 1  M a r k e t  T r e n d s
        6 . 6 . 2  M a r k e t  F o r e c a s t
7    M a r k e t  B r e a k u p  b y  A p p l i c a t i o n
Table of     7 . 1     A n i m a l  N u t r i t i o n        7 . 1 . 1  M a r k e t  T r e n d s
        7 . 1 . 2  M a r k e t  F o r e c a s t
    7 . 2     O i l  a n d  G a s
Contents         7 . 2 . 1  M a r k e t  T r e n d s
        7 . 2 . 2  M a r k e t  F o r e c a s t
    7 . 3     P o l y m e r s  a n d  C h e m i c a l s
        7 . 3 . 1  M a r k e t  T r e n d s
        7 . 3 . 2  M a r k e t  F o r e c a s t
    7 . 4     F o o d  a n d  A g r o c h e m i c a l s
        7 . 4 . 1  M a r k e t  T r e n d s
        7 . 4 . 2  M a r k e t  F o r e c a s t
    7 . 5     A u t o m o t i v e  a n d  T r a n s p o r t a t i o n
        7 . 5 . 1  M a r k e t  T r e n d s
        7 . 5 . 2  M a r k e t  F o r e c a s t     
    7 . 6     C o n s u m e r  G o o d s
        7 . 6 . 1  M a r k e t  T r e n d s
        7 . 6 . 2  M a r k e t  F o r e c a s t
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
ht t ps : / /w ww. i ma rc gro up . c o m / t h i o c hem i c a l s -ma rke t / t o c
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