티오케미컬 시장 : 세계 산업 규모, 점유율, 동향, 기회, 예측 - 제품 유형별, 용도별, 지역별, 경쟁별(2020-2030년)

The Thiochemicals market was valued at USD 1.10 Billion in 2024 and is expected to reach USD 1.43 Billion by 2030 with a CAGR of 4.45%. The global thiochemicals market forms a strategically important segment within the specialty chemicals landscape, supplying sulfur-based intermediates that are integral to high-value industrial operations. Key products such as mercaptans, dimethyl disulfide (DMDS), dimethyl sulfoxide (DMSO), thiourea, and thioglycolic acid play a functional role in critical downstream applications, including methionine synthesis for animal feed, catalyst passivation in refining, corrosion inhibition in oil and gas, polymer modification, and electronic-grade solvent systems.

The market's relevance is reinforced by its deep integration into technically demanding and regulation-sensitive industries, where product performance, purity, and reliability are non-negotiable. As demand rises for methionine-enriched feed additives, low-sulfur fuels, and specialty polymers, thiochemicals are increasingly viewed as performance enablers rather than commodity inputs.

Although the sector faces ongoing headwinds from sulfur feedstock price volatility, complex handling requirements, and tightening environmental controls, leading producers are mitigating risks through vertical integration, supply chain optimization, and investment in safer, cleaner production technologies. With established usage in mature applications and expanding penetration in advanced electronics, sustainable agriculture, and energy storage, the thiochemicals market is well-positioned for resilient, innovation-led growth in the years ahead.

Key Market Drivers

Rising Demand for Methionine in Animal Nutrition

The most significant drivers accelerating the growth of the global thiochemicals market is the rising demand for methionine in the animal nutrition industry. Methionine, a sulfur-containing essential amino acid, plays a vital role in the growth, health, and productivity of livestock, especially poultry, swine, and aquaculture species. Its large-scale production heavily depends on thiochemicals, particularly methyl mercaptan, a core intermediate in the methionine synthesis process. As the global population and protein consumption trends evolve, the role of thiochemicals in enabling efficient methionine production is becoming increasingly critical. The world is experiencing a structural shift in dietary habits, especially in emerging economies across Asia, Latin America, and Africa, where rising incomes and urbanization are leading to increased consumption of meat, eggs, and dairy products. This trend is driving substantial growth in commercial livestock farming, which in turn requires high-quality feed enriched with essential amino acids like methionine. Since animals cannot synthesize methionine naturally, it must be supplemented in their diet creating a steady and growing demand for this amino acid.

The synthesis of methionine involves the use of methyl mercaptan (CH3SH), a key thiochemical derived from natural gas or petrochemical feedstocks. Methyl mercaptan reacts with other chemicals such as acrolein or hydrocyanic acid in industrial processes to form DL-methionine. As methionine demand rises globally, the need for methyl mercaptan and other supporting thiochemicals also expands proportionally. This direct correlation significantly strengthens the demand base for thiochemicals worldwide. Modern animal husbandry emphasizes feed conversion efficiency, rapid weight gain, and optimal animal health, all of which are supported by methionine supplementation. In regions like China, India, Brazil, and Southeast Asia, the livestock industry is transitioning from traditional to industrial-scale operations. This transformation involves scientifically formulated feeds, where methionine is a standard additive, boosting thiochemical consumption through increased methionine production needs.

In response to growing concerns around antibiotic resistance and environmental sustainability, many countries are implementing regulations that restrict the use of antibiotics in animal feed. This shift is prompting feed manufacturers to turn to nutritional solutions like methionine, which supports animal growth and immunity naturally. As producers look for safe and effective alternatives, methionine's role and consequently, the importance of thiochemicals in its manufacture becomes more central.

Key Market Challenges

Environmental and Health Hazards Associated with Thiochemicals

Thiochemicals are characterized by their high sulfur content, which often gives them pungent odors, toxicity, and flammability. Compounds like methyl mercaptan and dimethyl disulfide (DMDS) can pose significant risks to both human health and the environment when not handled properly. Their production, storage, and transport require strict safety protocols due to the potential for air and water pollution, toxic exposure, and fire hazards.

Regulatory scrutiny around emissions and waste disposal is increasing globally, raising compliance costs for manufacturers. Communities and environmental bodies often oppose the setup of new thiochemical facilities due to odor complaints and health risk concerns, delaying or halting project approvals. End-users, particularly in the food and pharmaceutical sectors, may avoid thiochemical-based products over perceived contamination risks.

To ensure long-term growth, companies must invest heavily in safe handling practices, odor mitigation technologies, and environmentally compliant production systems, which may raise capital and operating costs.

Key Market Trends

Integration of Bio-Based Feedstocks and Green Chemistry Practices

A growing emphasis on sustainability and carbon footprint reduction is pushing chemical manufacturers to adopt bio-based and renewable feedstocks for thiochemical production. Companies are exploring green chemistry techniques to replace or supplement fossil fuel-derived raw materials, aiming to reduce environmental impact and align with global climate goals.

R&D initiatives are focusing on fermentation-based routes or enzymatic synthesis methods to produce sulfur-containing compounds like thiols and sulfides. Bio-derived thiochemicals could open new opportunities in pharmaceuticals, food ingredients, and personal care, where sustainability and safety are increasingly prioritized. Investors and end-users are showing greater preference for eco-certified and clean-label chemical solutions, which encourages market differentiation through sustainable thiochemicals.

Companies that invest early in bio-based process innovation are likely to gain competitive advantage through product differentiation, regulatory benefits, and enhanced brand perception in eco-sensitive markets.

Key Market Players

• Arkema
• Chevron Phillips Chemical Co. LLC
• BASF SE
• Bruno Bock GmbH
• Daicel Corporation
• Dr. Spiess Chemische Fabrik GmbH
• Tokyo Chemical Industry (India) Pvt. Ltd.
• TORAY FINE CHEMICALS CO., LTD.
• Merck KGaA
• Huhhot Guangxin Chemical Trade Co., Ltd.

Report Scope:

In this report, the Global Thiochemicals Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Thiochemicals Market, By Product Type:

• Mercaptan
• Dimethyl Sulfoxide (DMSO)
• Dimethyl disulfide (DMDS)
• Thioglycolic Acid and Ester
• Thiourea
• Others

Thiochemicals Market, By Application:

• Animal Nutrition
• Oil and Gas
• Polymers and Chemicals
• Food and Agrochemicals
• Automotive and Transportation
• Others

Thiochemicals Market, By Region:

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Thiochemicals Market.

Available Customizations:

Global Thiochemicals market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Impact of COVID 19 on Global Thiochemicals Market

5. Thiochemicals Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Product Type (Mercaptan, Dimethyl Sulfoxide (DMSO), Dimethyl disulfide (DMDS), Thioglycolic Acid and Ester, Thiourea, Others)
  • 5.2.2. By Application (Animal Nutrition, Oil and Gas, Polymers and Chemicals, Food and Agrochemicals, Automotive and Transportation, Others)
  • 5.2.3. By Region
  • 5.2.4. By Company (2024)
• 5.3. Market Map

6. North America Thiochemicals Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Product Type
  • 6.2.2. By Application
  • 6.2.3. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Thiochemicals Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Product Type
      • 6.3.1.2.2. By Application
  • 6.3.2. Canada Thiochemicals Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Product Type
      • 6.3.2.2.2. By Application
  • 6.3.3. Mexico Thiochemicals Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Product Type
      • 6.3.3.2.2. By Application

7. Europe Thiochemicals Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Product Type
  • 7.2.2. By Application
  • 7.2.3. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Thiochemicals Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Product Type
      • 7.3.1.2.2. By Application
  • 7.3.2. United Kingdom Thiochemicals Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Product Type
      • 7.3.2.2.2. By Application
  • 7.3.3. Italy Thiochemicals Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Product Type
      • 7.3.3.2.2. By Application
  • 7.3.4. France Thiochemicals Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Product Type
      • 7.3.4.2.2. By Application
  • 7.3.5. Spain Thiochemicals Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Product Type
      • 7.3.5.2.2. By Application

8. Asia-Pacific Thiochemicals Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Product Type
  • 8.2.2. By Application
  • 8.2.3. By Country
• 8.3. Asia-Pacific: Country Analysis
  • 8.3.1. China Thiochemicals Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Product Type
      • 8.3.1.2.2. By Application
  • 8.3.2. India Thiochemicals Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Product Type
      • 8.3.2.2.2. By Application
  • 8.3.3. Japan Thiochemicals Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Product Type
      • 8.3.3.2.2. By Application
  • 8.3.4. South Korea Thiochemicals Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Product Type
      • 8.3.4.2.2. By Application
  • 8.3.5. Australia Thiochemicals Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Product Type
      • 8.3.5.2.2. By Application

9. South America Thiochemicals Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Product Type
  • 9.2.2. By Application
  • 9.2.3. By Country
• 9.3. South America: Country Analysis
  • 9.3.1. Brazil Thiochemicals Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Product Type
      • 9.3.1.2.2. By Application
  • 9.3.2. Argentina Thiochemicals Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Product Type
      • 9.3.2.2.2. By Application
  • 9.3.3. Colombia Thiochemicals Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Product Type
      • 9.3.3.2.2. By Application

10. Middle East and Africa Thiochemicals Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Product Type
  • 10.2.2. By Application
  • 10.2.3. By Country
• 10.3. MEA: Country Analysis
  • 10.3.1. South Africa Thiochemicals Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Product Type
      • 10.3.1.2.2. By Application
  • 10.3.2. Saudi Arabia Thiochemicals Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Product Type
      • 10.3.2.2.2. By Application
  • 10.3.3. UAE Thiochemicals Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Product Type
      • 10.3.3.2.2. By Application

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Recent Developments
• 12.2. Product Launches
• 12.3. Mergers & Acquisitions

13. Global Thiochemicals Market: SWOT Analysis

14. Porters Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. Arkema
  • 15.1.1. Business Overview
  • 15.1.2. Product & Service Offerings
  • 15.1.3. Recent Developments
  • 15.1.4. Financials (If Listed)
  • 15.1.5. Key Personnel
  • 15.1.6. SWOT Analysis
• 15.2. Chevron Phillips Chemical Co. LLC
• 15.3. BASF SE
• 15.4. Bruno Bock GmbH
• 15.5. Daicel Corporation
• 15.6. Dr. Spiess Chemische Fabrik GmbH
• 15.7. Tokyo Chemical Industry (India) Pvt. Ltd.
• 15.8. TORAY FINE CHEMICALS CO., LTD.
• 15.9. Merck KGaA
• 15.10.Huhhot Guangxin Chemical Trade Co., Ltd.

16. Strategic Recommendations

17. About Us & Disclaimer