Global Thiochemical MarketPosted by manisha on December 11th, 2020 Global Thiochemical Market was valued US$ XX Bn in 2019 and is expected to reach US$ 4.2 Bn by 2026, at a CAGR of around XX % during a forecast period. Thiochemical is referred to as chemical, usually an ion, in which the oxygen atom is replaced by a sulphur ion. Almost all chemicals where the oxygen ion is substituted by the sulphur ion is known as thiochemical and a reaction is called as thionation or thiation. Moreover, the activity of thiochemical market is based on animal nutrition, oil and gas, agrochemicals and specialty intermediates. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region. The growth of the global thiochemical market is substantiated by persistent demand from many industry verticals. Thiochemicals find application in diverse use cases across multiple industries like agrochemical, cosmetics, oil & gas, chemical and plastics, and others and expansion of inter-related end-use industries resonate strong growth within the thiochemical market globally. The emergence of dimethyl disulfide as a sustainable alternative which adheres to regulations outlined in the Montreal Protocol can open up novel opportunities for market growth during the forecast period. However, volatile raw material prices and toxicity concerns are the factors that hindering the market growth of thiochemical sales during the forecast period. The report covers detail dynamics in the thiochemical market as organic and inorganic growth strategies. The oil & gas segment accounted for the largest share of XX% in 2018 and is expected to maintain its lead over the forecast period. Thiochemicals are progressively used as a catalyst in the hydrodesulfurization of fuels, as an anti-cocking agent in the cracking of petroleum refineries, and as odorants for LPG and natural gas. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Global Thiochemical Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in Global Thiochemical Market. Global Thiochemical Market, By Product Type • Mercaptans • Oil and Gas • North America • Arkema Group For more information of visit:https://www.maximizemarketresearch.com/market-report/global-thiochemical-market/34776/ Like it? Share it!More by this author |