Rockville, MD , March 05, 2025 (GLOBE NEWSWIRE) -- According to Fact.MR, a market research and competitive intelligence provider, the global Thio Chemicals Market is estimated to reach a valuation of USD 2,456.3 million in 2025 and is expected to grow at a CAGR of 5.1% during the forecast period of 2025 to 2035.
Thio chemicals are a series of compounds, categorized based on their chemical structure and reactivity, which include thiols, thioethers, thiol esters, and disulfides."Thiochemistry" refers to the research in chemistry relating to chemical reaction and processes related to sulfur-bearing compounds.
Such element as sulfur, which finds important applications within a wide field of biological processes, critically affects the organism's metabolism. The thiochemical reactions form a very central concept not just in biology, but also, more importantly in industry, the manufacturing of such important products such as pharmaceutical, agrochemical, and polymer production.
The science of thiochemistry is thus concerned with understanding the mechanisms, kinetics, and thermodynamics of these reactions and synthesizing and characterizing thiochemical compounds. From biological processes to industrial technologies, thiochemistry has applications across a wide spectrum of disciplines.
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Key Takeaways from Market Study:- The global Thio chemicals market is projected to grow at 5.1% CAGR and reach USD 4,039.3 million by 2035
- The market created an absolute $ opportunity of USD 1,583.0 million between 2025 to 2035
- North America is a prominent region that is estimated to hold a market share of 26.3% in 2035
- North America and East Asia are expected to create an absolute $ opportunity of USD 897.1 million collectively
“Environmental awareness, adoption across various industries, and technological advancement in manufacturing process will drive the market” says a Fact.MR analyst.
Leading Players Driving Innovation in the Thio Chemical Market:
Arkema Group; Toray Fine Chemicals Co. Ltd.; GABRIEL.; Quadrimex Chemical; Chromatotec; Affon Chemical Co., Ltd.; Chevron Phillips Chemical Company; Varsal; HEBEI YANUO Bioscience Co., Ltd.; Uniwin Chemical Co., Ltd.; Oxon Italia S.p.A.; Thermo Fisher Scientific; Merck KGaA; BRUNO BOCK Chemische Fabrik GmbH & Co. KG; BASF SE.
Market Development:
Methyl mercaptan is witnessing an increasing demand. The main driving force behind the demand for this chemical is its use as an intermediate in the production of some chemicals, such as methionine, pesticides, and fungicides. It is used in the manufacture of animal nutrition items and as a testing agent in food products.
In the wake of the world's increasing population, growing food consumption, and government spending on agrochemicals, the thiochemical market is expected to rise significantly during the forecast period. The thiochemicals market is expected to grow moderately.
For instance, In June, 2021, Hydrite Chemical Co., announce the expansion of storage capacity for both the recently completed expansion of storage for Thio 25-17™ (potassium thiosulfate) and ATS (ammonium thiosulfate) at its Terre Haute plant to better serve customers near IN state. Recently completed was a 1.8-million-gallon tank to add additional storage to Thio 25-17™, and currently under construction is a new 3-million-gallon tank for ATS.
Thio Chemical Industry News:
- In December 2024, Nouryon Specialty Chemicals revealed plans to expand its operations in China, representing a crucial step in its growth strategy. The company is allocating resources towards the establishment of new facilities aimed at increasing its production capacity for specialty chemicals, particularly thio chemicals. This expansion highlights China's importance as a vital market for the company and demonstrates the rising demand for advanced chemical solutions across multiple industries.
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More Valuable Insights on Offer:
Fact.MR, in its new offering, presents an unbiased analysis of the global thio chemicals market, presenting historical data for 2019 to 2023 and forecast statistics for 2025 to 2035.
The study reveals essential insights on the basis of product type (Mercaptans, Sulfonyls, Thioglycolics, Sulfide & Polysulfides, Sulfates & Sulfites, Others), End-use Industry (Chemical, Pharmaceutical, Agrochemical, Oil & Gas, Animal Nutrition, Electrical & Electronics, Cosmetics & Personal Care) and across major regions of the world (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and Middle East & Africa).
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