Thiochemical Sales Market By Application, By Product and By Region - Global opportunity Analysis and Industry Forecast 2019-2025

Description

Global Thiochemical Sales Industry valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2019-2025. The Thiochemical Sales Industry is continuously growing in the global scenario at significant pace. The Thiochemicals are basically a cluster of chemicals in which the oxygen molecule is sulfur known as Thio compound. Such reactions where the oxygen ion is replaced by the sulfur ion are precisely carried out via thionation. The sulfur being a major compound is utilized in the production of thiochemicals which includes methyl mercaptan which act as a precursor for the amino acid that is further used in animal nutrition products. Escalating demand for natural gas in the industrial along with domestic applications, rising refining capacity of oil & gas on the globe and escalating demand for thiochemicals which includes mercaptene and dimethyl disulfide are the substantial driving factors of the Industry during the forecast period. Moreover, ban on the use of methyl bromide for soil fumigation is the major factor that likely to creating lucrative opportunity in the Industry over the upcoming years. However, volatile raw material prices and toxicity concerns are the factor that limiting the Industry growth of Thiochemical Sales during the forecast period.
The regional analysis of Global Thiochemical Sales Industry is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of Industry share due to rising number of oil & gas fields across the region. Europe is estimated to grow at sluggish growth rate in the global Thiochemical Sales Industry owing to presence of strict regulations in the region. Asia-Pacific is anticipated to exhibit higher growth rate / CAGR over the forecast period 2019-2025 owing to change in food preference especially in developing economies such as India and China.
The

Thiochemical Sales Industry Share and Size by 2019-2025
Chemical & Materials
Thiochemical Sales Market Segmentation:
By Product Type:
* Mercaptans
* Dimethyl Disulfide
* Dimethyl Sulfoxide
* Thioglycolic Acid & Esters
* Thiourea
* Others

By End-Users:
* Oil & Gas
* Food and Agrochemicals
* Chemicals
* Plastics
* Electrical & Electronics
* Automotive & Transportations
* Consumer Goods
* Others

By Region
* North America
- USA
- Canada
* Europe
- Germany
- U.K.
- France
- Italy
- Rest of Europe
* APAC
- China
- India
- Japan
- Rest of Asia-Pacific
* RoW
- Latin America
- Middle East & Africa

Major Market Players in Thiochemical Sales Market are as follows:
Arkema
Chevron Philips
Toray Fine Chemicals
BASF
Sipcam Oxon
Hubei Xingchi
Dexing Zhongke Fine Chemicals
Taizhou Sunny Chemicals
Langfang Jinshenghui Chemical

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