From GlobeNewswire: 2025-03-05 06:30:00

The global Thio Chemicals Market is estimated to reach USD 2,456.3 million by 2025, growing at a CAGR of 5.1% until 2035. Thiochemicals play a crucial role in biological processes and industrial applications such as pharmaceuticals and polymers. Market growth is driven by environmental awareness and technological advancements.
Key takeaways include a projected market growth of 5.1% CAGR, reaching USD 4,039.3 million by 2035. North America is expected to hold a 26.3% market share in 2035. Prominent players in the market include Arkema Group and Toray Fine Chemicals Co. Ltd.
Methyl mercaptan demand is increasing due to its use in producing chemicals like pesticides and fungicides. Thiochemical market growth is expected due to population increase, rising food consumption, and government investment in agrochemicals.
In 2021, Hydrite Chemical Co. expanded storage capacity for thiochemicals to meet increased demand. Nouryon Specialty Chemicals plans to expand operations in China to increase production capacity for specialty chemicals, emphasizing the rising demand for advanced chemical solutions.
The global Thio Chemicals Market is forecasted to grow moderately, with a focus on product types and end-use industries across major regions worldwide. Market reports offer insights into various sectors, including rubber processing chemicals, textile chemicals, imaging chemicals, soy chemicals, and fermentation chemicals.
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