Report Code: A06793 | Nov 2023 | Pages: NA | ||
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Request Now !Thiourea, an organosulfur compound, is widely used in the production of vulcanization accelerators and flame-retardant resins. It exhibits the properties of auxiliary agent in light sensitivity photocopy paper, and it can be utilized to tone silver-gelatin photographic prints. Thiourea is produced from ammonium thiocyanate compound and reaction of hydrogen sulfide with calcium cyan-amide in the presence of CO2. Thiourea is a white crystalline solid in nature and soluble in water solvents.
The global thiourea market is segmented depending on various characteristics. On the basis of product type, the market is segregated into industrial grade and pharmaceutical grade products. By end-use industry, it is fragmented into metallurgy pesticides industry, textile paper industry, chemical industry, and others.Â
Thiourea is used in the leaching process of gold and silver. It further exhibits catalyst functions and is used in the isomerization process. Moreover, refinement of copper is done with the help of thiourea. The thiourea market is expected to witness new prospects and has high potential in the engineering sector. The agricultural and chemical sectors are the major end users of thiourea. Region wise, the thiourea market is analyzed across Asia-Pacific, North America, Europe, and LAMEA. Ongoing research and developments activities of thiourea are likely to augment the growth of the global market.
Thiourea is a versatile reagent used in organic synthesis of chemical compounds. Its wide range of applications in various industries drives the demand for thiourea in the market. The industrial sectors such as agricultural, metallurgy, and pharmaceutical use thiourea in various applications, including production of flame retardant resins and vulcanization accelerators. Moreover, it is employed in the production of nanoparticles, as it is rich in sulfur sources. Thiourea is also known as the dry cleaning agent, and is used in light sensitivity photocopy papers. In addition, increase in the number of investments in metallurgy industries globally is one of the major driving factors of the thiourea market. However, high toxicity on prolonged exposure is a key factor hampering the growth of the global market. Furthermore, upon heating to decomposition, thiourea emits nitrogen oxides and the fumes are harmful to human health, thereby limiting its demand, globally.
The major players operating in the global thiourea market are FLEXSYS, Sanshin Chemical, SHIKOKU Chemicals, Prism Sulfur, SHELL, and Kennecott. Expansions, acquisitions, partnerships, and new product developments are the key strategies adopted by market players to expand their business in potential markets. In addition, they have been focusing on strategies such as organic and inorganic growth developments, including contracts and investments.
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Questions answered in the global thiourea market research report:
Thiourea Market: Global Opportunity Analysis and Industry Forecast, 2020-2027 Report Highlights
Aspects | Details |
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By Product Type |
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By Application |
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By End-use Industry |
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By Region |
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Key Market Players | FLEXSYS, Sanshin Chemical, Guizhou Hongkai Chemical, Zhejiang Rayfull Chemicals Co., Ltd., SHIKOKU Chemicals, Prism Sulfur, SHELL, Kennecott, Environmental Protection Co., Ltd., and Shandong Efirm Biochemistry |
Other Key Market Players | Tianjin Ruister International, Guizhou Hongkai Chemical |
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