Resolutionized nutrition8/31/2023 ![]() The increasing demand for thiochemical such as mercaptan and DMDS in the oil & gas industry in China is driving the growth of the market in the APAC region. Additionally, the increasing awareness about animal nutrition practices, especially in China and India is likely to boost the market growth in this region. the rising raw material capacity, and increasing demand from end-user industries such as agrochemicals, food & polymer industry, and others will propel the market growth during the forecasted period.Īsia Pacific (APAC) is expected to have the fastest growth owing to the rapidly growing applications into large and expanding industrial base. The market is mainly driven by increasing demand for thiochemical in an extensive range of applications such as oil & gas industry in this region. North America is expected to dominate the global thiochemical market during the forecast period 2019–2026. ![]() Got questions about your regional growth of ![]() Geographically, the global thio-chemical market has been segmented into major four regions: North America, Europe, Asia Pacific (APAC), and Latin America and the Middle East & Africa (LAMEA). Methyl mercaptans are mostly used in refineries for fuel de-sulfuring in the oil & gas industry as well as in crackers as anti-cocking agents. Sulphur is a major raw material which is used in the thionation process, which gives methyl mercaptan and other mercaptans. Some of the major applications of Thiochemical are in the animal nutrition industry and oil & gas industry. Government rules in developed regions, as well as IMO initiatives, aim to reduce sulfur content due to which there has been a substantial rise in the production of elemental Sulphur. It is also used in the chemicals and polymer & plastic industry. Additionally, these compounds are used as polymerization agents, anti-cocking agents as well as for gas leakage detection, and others. Sulfur is considered as one of the major compound used in the production of thiochemicals. The reactions where the oxygen ion is replaced by the sulfur ion is carried through thionation. Thiochemicals is stated as a group of chemicals, where oxygen molecules are substituted by sulfur. ![]()
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