Thiochemical Market, By Product Type (Mercaptans, Sulfide & Polysulfides, Sulfonyls, Thioglycolics, Sulfates & Sulfites, Others), End-use Industry (Oil & Gas, Animal Nutrition, Chemical, Pharmaceutical, Agrochemical, Electrical & Electronics, Cosmetics & Personal Care, Others) and Region - Forecast till 2027
ID: MRFR/CnM/4781-CR | July 2018 | Region: Global | 158 pages
Thiochemicals are compounds in which the oxygen ion in the atom is replaced by a sulphur ion. The need for sulfur derivatives due to its application in various industrial sectors can bolster the demand for thiochemicals. The global thiochemical market size is anticipated to touch USD 3,423.3 million by 2024, as per an in-depth report by Market Research Future (MRFR). It is predicted to experience a 3.75% CAGR during the assessment period (2018-2024).
The use of these compounds by the oil & gas and animal nutrition sectors is expected to propel market demand exponentially during the forecast period. The ban on methyl bromide for the manufacture of soil fumigants provides a viable niche for the market to tap into. The emergence of dimethyl disulfide as a viable alternative which adheres to regulations outlined in the Montreal Protocol can open up novel opportunities for market growth over the forecast period.
Report Overview
This report covers current events and trends in the market for thiochemicals to provide the most accurate forecasts and predictions. By correlating the historical data with key market dynamics, our analysts are able to make highly accurate projections. MRFR’s report includes a thorough analysis of the global thiochemical market segmented on the basis of product type, end-user, and region with astute insights. The report has been prepared to assist industry players in making the right decisions which can culminate in fruitful returns. Users will also come across drivers, trends, opportunities, and restraints which are likely to influence the growth of the market during the assessment period.
Segment Overview
By product type, the thiochemical market comprises sulfonyls, thioglycolics, sulfides & polysulfides, sulfates & sulfites, mercaptans, and others. The mercaptans segment is predicted to be worth USD 1,444.8 million by 2024. The demand for gas iodizers to control gas leakage is expected to catapult the segment growth over the forecast period.
Oil & gas, animal nutrition, agrochemicals-market-1267'>agrochemical-market-749'>agrochemicals, chemicals, pharmaceuticals, cosmetics & personal care, electrical & electronics, and others constitute as major market end-users.
The segments and sub-segments covered in the report are analyzed under five major regions – North America, Latin America, Europe, Asia Pacific (APAC), and the Middle East and Africa (MEA), with respective country-level market sizing. The standard definition of “thiochemical” is included in the report for a comprehensive understanding of the market. The report discusses and interprets the current trends and future opportunities of the market by delivering an unbiased growth assessment.
Players Covered
Taizhou Sunny Chemical Co., Ltd (China), SHINYA CHEM (China), Arkema SA (France), Zhongke Fine Chemical Co., Ltd. (China), Affon Chemical Co., Ltd. (China), TORAY INDUSTRIES, INC. (Japan), Chevron Phillips Chemical Company (U.S.), Varsal (U.S.), HEBEI YANUO Bioscience Co., Ltd. (China), Uniwin Chemical Co., Ltd. (China), Oxon Italia S.p.A. (Italy), Thermo Fisher Scientific (U.S.), Merck KGaA (Germany), BRUNO BOCK Chemische Fabrik GmbH & Co. KG (Germany), and BASF SE (Germany) are reputed players currently operational in the thiochemical market. The market is characterized by expansions and partnerships. This is evident by the establishment of the thiochemicals plant by Arkema in Malaysia. This move has strengthened Arkema’s position in Asia providing it an edge over its competitors.
The report offers comprehensive profiles on these market players and assesses their current standing in the thiochemical market. Company history coupled with annual turnover, segmental share, SWOT analysis, growth strategies, new product launches, mergers and acquisitions (M&A) activities, and latest R&D initiatives are outlined in the report.
Research Methodology
Market Research Future (MRFR) employ a selective body of methods which assist in a scientific and systematic approach to research of the given field of study. Primary methods such as interviews with decision makers of leading competitors in the market have been used along with secondary methods to provide a comprehensive view of the market scenario. Credible sources such as white papers, annual reports, and SEC filings have been used as a part of objective secondary research methods. Top-down and bottom-up approaches have been applied to the field of study to provide accurate estimation and validation of the market. Inquisitive and proficient data analysts exhaust every line of research based on pertinent parameters to offer intelligent inputs and a dependable understanding of the market in its entirety.
Analysis Period
- Base Year - 2017
- Projection Period - From 2018 to 2024
- Market Denomination - USD Million
- Volume Unit – Kilo Tons
- Conversion Rate - Considered as per the respective financial years
For the scope of research, the report offers a comprehensive analysis of the global thiochemical market.
Product Type
- Mercaptans
- Sulfide & Polysulfides
- Sulfonyls
- Thioglycolics
- Sulfates & Sulfites
- Others
End-use Industry
- Oil & Gas
- Animal Nutrition
- Chemical
- Pharmaceutical
- Agrochemical
- Electrical & Electronics
- Cosmetics & Personal Care
- Others
Region
- North America; The U.S., and Canada
- Europe; Germany, Italy, Russia, the U.K, France, Germany, Spain, and Rest of Europe
- Asia Pacific (APAC); China, Japan, India, Indonesia, Australia, New Zealand, South Korea, and Rest of APAC
- Latin America; Argentina, Mexioc, Brazil, and Rest of Latin America
- The Middle East & Africa (MEA); Turkey, Gulf Cooperation Council (GCC), North Africa, and Rest of the MEA
Report Scope:
| Report Attribute/Metric | Details |
|---|---|
| Market Size |
|
| CAGR | 3.75% (2018-2024) |
| Base Year | 2019 |
| Forecast Period | 2020-2027 |
| Historical Data | 2018 |
| Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Product Type, Product Type and Region |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | Taizhou Sunny Chemical Co., Ltd (China), SHINYA CHEM (China), Arkema SA (France), Zhongke Fine Chemical Co., Ltd. (China), Affon Chemical Co., Ltd. (China), TORAY INDUSTRIES, INC. (Japan), Chevron Phillips Chemical Company (U.S.), Varsal (U.S.), HEBEI YANUO Bioscience Co., Ltd. (China), Uniwin Chemical Co., Ltd. (China), Oxon Italia S.p.A. (Italy), Thermo Fisher Scientific (U.S.), Merck KGaA (Germany), BRUNO BOCK Chemische Fabrik GmbH & Co. KG (Germany), and BASF SE (Germany) |
| Key Market Opportunities | New product launches and R&D Amongst major key Players |
| Key Market Drivers | Bolstering demand for sulfur derivatives led by the various applications across industries |
Frequently Asked Questions (FAQ) :
The valuation of the global thiochemical market is projected to grow to USD 3,423.3 MN by 2024, registering 3.75% CAGR during the assessment period (2018-2024).
Mercaptans, Sulfonyls, Sulfide & Polysulfides, Thioglycolics, and Sulfates & Sulfites, are the four major types of thiochemical, which are extensively used in the process of replacing oxygen ion in an atom by a sulphur ion.
O&G, chemical, animal nutrition, pharmaceutical, electrical & electronics, agrochemical, and cosmetics & personal care, are some of the major end-use industries where thiochemical is used.
Bolstering demand for sulfur derivatives led by the various applications across industries.
Asia Pacific holds the largest share in the global thiochemical market followed by North America and Europe, respectively.
Merck KGaA (Germany), BASF SE (Germany), Bruno Bock Chemische Fabrik GmbH & Co. KG (Germany), Arkema SA (France), Zhongke Fine Chemical Co., Ltd. (China), TORAY INDUSTRIES INC. (Japan), HEBEI YANUO Bioscience Co., Ltd. (China), Chevron Phillips Chemical Company (US), Varsal (US), Taizhou Sunny Chemical Co., Ltd (China), Affon Chemical Co. Ltd. (China), Oxon Italia S.p.A. (Italy), Uniwin Chemical Co., Ltd. (China), SHINYA CHEM (China), and Thermo Fisher Scientific (US), are some of the leading players in the global thiochemical market.
Global Thiochemical Market – Summary
The global thiochemical market size is touted to scale to a valuation of USD 3,423.3 million by 2024, in an in-depth analysis claims Market Research Future (MRFR). Owing to its widespread use in oil & gas industry, thiochemicals can witness a moderate CAGR of 3.75% during the forecast period (2018-2024).
Thiochemicals such as mercaptans, sulfides, polysulfides, and thioglycolics play integral roles as gas odorizer, catalyst activator in the hydrodesulfurization process, and as an anti-coking agent to crack the crude oil. Governments are now getting more and more involved in controlling the pollution level as it poses many threats, aversion of which is not possible without stringent measures. Euro 5, BS IV, China V, and other government regulations have been introduced to counter the rising pollution level and improve the fuel quality by imposing emission standards on sulfur content, lead content, cetane number, and fatty acid methyl esters (FAME) content. This could be used as a leverage to give the thiochemical market further thrust.
Methionine, a thiochemical product, is often added in animal nutrition products as a precursor of amino acid for dietary supplements. Currently, owing to a rise in disposable income, cities across the world are experiencing a shift in the nutritional intake which as an upshot is producing more poultry meat than ever. The thiochemical market is certain to witness a surge in demand by being used as supplements in animal husbandry. Methionine also has a considerable impact on bio-based products which could prove beneficial in the future.
However, the fluctuating crude oil price is not reflecting well on the balance sheet of most of the industries as it is triggering dwindling price point. In addition, the long exposure of the thiochemicals could prove toxic owing to its carcinogenic nature. The market may not enjoy a smoother ride owing to these bumps that can deter the growth during the review period.
Segmentation:
The global thiochemical market can be segmented by product type and end-user industry.
Based on product type, the market comprises mercaptans, sulfides & polysulfides, sulfonyls, thioglycolics, sulfates & sulfites, and others. Mercaptans accounted for the maximum share in 2017 by generating 43.2% of the total market revenue. Its utilization across verticals such as oil & gas, animal nutrition, agrochemicals, chemicals, pharmaceutical, and cosmetics & personal care can help it gain a moderate CAGR of 3.42% during the forecast period.
On the basis of end-user industry, the market includes oil & gas, animal nutrition, chemicals, pharmaceutical, agrochemicals, electrical & electronics, cosmetics & personal care, and others. As of now, oil & gas sub-segment is leading the market, and the foreseeable future can witness the same scenario. The multifarious use of the chemical in the oil & gas industry can influence the market growth by helping it attain a CAGR of 4.21% during the review period.
Regional Analysis:
The global thiochemicals market covers namely Asia Pacific (APAC), North America, Europe, Latin America (LATAM), and the Middle East & Africa (MEA).
The APAC is currently leading the market owing to a few factors such as large population base with its rising per-capita meat consumption and a burgeoning animal nutrition industry, increasing petrochemical projects, and expanding agrochemical industry along with agricultural productivity, are fuelling the market growth. The region can showcase a CAGR of 4.12% in the coming years.
North America holds the second position and likely to showcase a considerable rise in demand and register a CAGR of 3.62% during the assessment period.
Europe is next in line with a robust market and substantial growth chart and can record a CAGR of 3.5% during the forecast period, whereas the LATAM and the MEA that had generated the least market share in 2017 can project CAGRs of 3.27% and 3.14% respectively.
Market Competition:
Methyl bromide, under the Montreal Protocol, has been declared a Class I ozone-depleting substance and has been banned subsequently by the US Environmental Protection Agency (EPA). As a thiochemical, dimethyl disulfide is a perfect alternative. To meet the rising food demand, the cultivation of high-value crops has been commercialized, which in turn can further drive the need for thiochemicals.
Owing to the presence of several international and regional companies, the market has grown competitive. Major players are banking on tried and tested strategies such as merger and acquisition. Arkema’s collaboration with CJ CheilJedang to produce biomethionine from renewable raw materials can be considered exemplary. Furthermore, this can be a possible solution for the questions raised against thiochemicals for being toxic and carcinogenic.
Major players influencing the market are Arkema SA (France), TORAY INDUSTRIES, INC. (Japan), Chevron Phillips Chemical Company (U.S.), BASF SE (Germany), Merck KGaA (Germany), BRUNO BOCK Chemische Fabrik GmbH & Co. KG (Germany), Zhongke Fine Chemical Co., Ltd. (China), HEBEI YANUO Bioscience Co., Ltd. (China), Taizhou Sunny Chemical Co., Ltd (China), Oxon Italia S.p.A. (Italy), Varsal (U.S.), Affon Chemical Co., Ltd. (China), SHINYA CHEM (China), Uniwin Chemical Co., Ltd. (China), Thermo Fisher Scientific (U.S.), and others.
1 Executive Summary
2 Market Introduction
2.1 Definition 18
2.2 Scope Of The Study 18
2.3 List Of Assumptions 19
2.4 Market Structure 19
3 Research Methodology
3.1 Research Process 21
3.2 Primary Research 21
3.3 Secondary Research 22
3.4 Market Size Estimation 22
3.5 Forecast Model 23
4 Market Dynamics
4.1 Introduction 25
4.2 Drivers 26
4.2.1 Increasing Thiochemicals Demand From The Oil & Gas Industry 26
4.2.2 Increasing Thiochemicals Demand From The Animal Nutrition Industry 27
4.3 Restraints 28
4.3.1 Volatile Raw Material Prices And Toxicity Concerns 28
4.4 Opportunities 28
4.4.1 Ban On The Use Of Methyl Bromide For Soil Fumigation 28
4.5 Trends & Technologies 29
4.5.1 Rising Preference For Bio-Based Alternatives 29
5 Market Factor Analysis
5.1 Supply Chain Analysis 31
5.1.1 Raw Material Suppliers 31
5.1.2 Thiochemicals Manufacturers 31
5.1.3 Distribution Channel 32
5.1.4 End-Use Industry 32
5.2 Porter’s Five Forces Analysis 32
5.2.1 Threat Of New Entrants 32
5.2.2 Threat Of Rivalry 33
5.2.3 Threat Of Substitutes 33
5.2.4 Bargaining Power Of Suppliers 33
5.2.5 Bargaining Power Of Buyers 33
6 Global Thiochemicals Market, By Product Type
6.1 Introduction 35
6.2 Mercaptans 37
6.3 Sulfides & Polysulfides 38
6.4 Sulfonyls 39
6.5 Thioglycolics 40
6.6 Sulfates & Sulfites 42
6.7 Other 43
7 Global Thiochemicals Market, By End-Use Industry
7.1 Introduction 46
7.2 Oil & Gas Industry 48
7.3 Animal Nutrition Industry 48
7.4 Agrochemicals Industry 49
7.5 Chemicals Industry 51
7.6 Pharmaceutical Industry 52
7.7 Cosmetics & Personal Care Industry 53
7.8 Electrical & Electronics Industry 54
7.9 Others 55
8 Global Thiochemicals Market, By Region
8.1 Introduction 57
8.2 North America 61
8.2.1 U.S. 63
8.2.2 Canada 65
8.3 Europe 67
8.3.1 Germany 70
8.3.2 U.K. 72
8.3.3 France 74
8.3.4 Spain 76
8.3.5 Italy 78
8.3.6 Russia 80
8.3.7 Rest Of Europe 82
8.4 Asia-Pacific 84
8.4.1 China 87
8.4.2 Japan 89
8.4.3 India 91
8.4.4 Australia & New Zealand 93
8.4.5 Indonesia 95
8.4.6 South Korea 97
8.4.7 Rest Of Asia-Pacific 99
8.5 Latin America 101
8.5.1 Mexico 104
8.5.2 Argentina 106
8.5.3 Brazil 108
8.5.4 Rest Of Latin America 110
8.6 The Middle East & Africa 112
8.6.1 Turkey 115
8.6.2 G.C.C. 117
8.6.3 North Africa 119
8.6.4 Rest Of The Middle East & Africa 121
9 Competitive Landscape
9.1 Introduction 125
9.1.1 Market Strategy Analysis 125
9.2 Key Developments Analysis 126
9.3 Competitors Product Benchmarking 128
10 Company Profiles
10.1 Arkema S.A. 130
10.1.1 Company Overview 130
10.1.2 Financial Overview 130
10.1.3 Product Offerings 131
10.1.4 Key Developments 131
10.1.5 SWOT Analysis 132
10.1.6 Key Strategies 132
10.2 TORAY INDUSTRIES, INC. 133
10.2.1 Company Overview 133
10.2.2 Financial Overview 133
10.2.3 Product Offerings 134
10.2.4 Key Developments 134
10.2.5 SWOT Analysis 134
10.2.6 Key Strategies 134
10.3 Chevron Phillips Chemical Company 135
10.3.1 Company Overview 135
10.3.2 Financial Overview 135
10.3.3 Product Offerings 136
10.3.4 Key Developments 137
10.3.5 SWOT Analysis 137
10.3.6 Key Strategies 137
10.4 BASF SE 138
10.4.1 Company Overview 138
10.4.2 Financial Overview 138
10.4.3 Products Offerings 139
10.4.4 Key Developments 139
10.4.5 SWOT Analysis 139
10.4.6 Key Strategies 139
10.5 Merck KGaA 140
10.5.1 Company Overview 140
10.5.2 Financial Overview 140
10.5.3 Products Offerings 141
10.5.4 SWOT Analysis 141
10.5.5 Key Strategy 141
10.6 BRUNO BOCK Chemische Fabrik GmbH & Co. KG 142
10.6.1 Company Overview 142
10.6.2 Financial Overview 142
10.6.3 Product Offerings 142
10.6.4 Key Developments 142
10.6.5 SWOT Analysis 143
10.6.6 Key Strategies 143
10.7 HEBEI YANUO Bioscience Co., Ltd. 144
10.7.1 Company Overview 144
10.7.2 Financial Overview 144
10.7.3 Product Offerings 144
10.7.4 Key Developments 144
10.7.5 SWOT Analysis 144
10.7.6 Key Strategy 144
10.8 Zhongke Fine Chemical Co., Ltd. 145
10.8.1 Company Overview 145
10.8.2 Financial Overview 145
10.8.3 Product Offerings 145
10.8.4 Key Developments 145
10.8.5 SWOT Analysis 145
10.8.6 Key Strategies 145
10.9 Taizhou Sunny Chemical Co., Ltd 146
10.9.1 Company Overview 146
10.9.2 Financial Overview 146
10.9.3 Product Offerings 146
10.9.4 Key Developments 146
10.9.5 SWOT Analysis 146
10.9.6 Key Strategies 146
10.10 Oxon Italia S.P.A. 147
10.10.1 Company Overview 147
10.10.2 Financial Overview 147
10.10.3 Product Offerings 147
10.10.4 Key Developments 147
10.10.5 SWOT Analysis 147
10.10.6 Key Strategies 147
10.11 Varsal 148
10.11.1 Company Overview 148
10.11.2 Financial Overview 148
10.11.3 Product Offerings 148
10.11.4 Key Developments 148
10.11.5 SWOT Analysis 149
10.11.6 Key Strategies 149
10.12 Affon Chemical Co., Ltd. 150
10.12.1 Company Overview 150
10.12.2 Financial Overview 150
10.12.3 Product Offerings 150
10.12.4 Key Developments 150
10.12.5 SWOT Analysis 150
10.12.6 Key Strategy 150
10.13 SHINYA CHEM 151
10.13.1 Company Overview 151
10.13.2 Financial Overview 151
10.13.3 Product Offerings 151
10.13.4 Key Developments 151
10.13.5 SWOT Analysis 151
10.13.6 Key Strategy 151
10.14 Uniwin Chemical Co., Ltd. 152
10.14.1 Company Overview 152
10.14.2 Financial Overview 152
10.14.3 Product Offerings 152
10.14.4 Key Developments 152
10.14.5 SWOT Analysis 152
10.14.6 Key Strategy 152
10.15 Thermo Fisher Scientific, Inc. 153
10.15.1 Company Overview 153
10.15.2 Financial Overview 153
10.15.3 Product Offerings 153
10.15.4 SWOT Analysis 154
10.15.5 Key Strategies 154
11 Conclusion
12 List Of Tables
TABLE 1 LIST OF ASSUMPTIONS 19
TABLE 2 CURRENT SULFUR CONTENT LIMIT IN FUELS SET BY VARIOUS REGIONS 26
TABLE 3 GLOBAL THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 35
TABLE 4 GLOBAL THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 36
TABLE 5 GLOBAL THIOCHEMICALS MARKET FOR MERCAPTANS, BY REGION, 2020-2027 (USD MILLION) 37
TABLE 6 GLOBAL THIOCHEMICALS MARKET FOR MERCAPTANS, BY REGION, 2020-2027 (KILO TONS) 37
TABLE 7 GLOBAL THIOCHEMICALS MARKET FOR SULFIDES & POLYSULFIDES, BY REGION, 2020-2027 (USD MILLION) 38
TABLE 8 GLOBAL THIOCHEMICALS MARKET FOR SULFIDES & POLYSULFIDES, BY REGION, 2020-2027 (KILO TONS) 39
TABLE 9 GLOBAL THIOCHEMICALS MARKET FOR SULFONYLS, BY REGION, 2020-2027 (USD MILLION) 39
TABLE 10 GLOBAL THIOCHEMICALS MARKET FOR SULFONYLS, BY REGION, 2020-2027 (KILO TONS) 40
TABLE 11 GLOBAL THIOCHEMICALS MARKET FOR THIOGLYCOLICS, BY REGION, 2020-2027 (USD MILLION) 40
TABLE 12 GLOBAL THIOCHEMICALS MARKET FOR THIOGLYCOLICS, BY REGION, 2020-2027 (KILO TONS) 42
TABLE 13 GLOBAL THIOCHEMICALS MARKET FOR SULFATES & SULFITES, BY REGION, 2020-2027 (USD MILLION) 42
TABLE 14 GLOBAL THIOCHEMICALS MARKET FOR SULFATES & SULFITES, BY REGION, 2020-2027 (KILO TONS) 43
TABLE 15 GLOBAL THIOCHEMICALS MARKET FOR OTHERS, BY REGION, 2020-2027 (USD MILLION) 43
TABLE 16 GLOBAL THIOCHEMICALS MARKET FOR OTHERS, BY REGION, 2020-2027 (KILO TONS) 44
TABLE 17 GLOBAL THIOCHEMICALS, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 46
TABLE 18 GLOBAL THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 47
TABLE 19 GLOBAL THIOCHEMICALS MARKET FOR OIL & GAS INDUSTRY, BY REGION, 2020-2027 (USD MILLION) 48
TABLE 20 GLOBAL THIOCHEMICALS MARKET FOR OIL & GAS INDUSTRY, BY REGION, 2020-2027 (KILO TONS) 48
TABLE 21 GLOBAL THIOCHEMICALSMARKET FOR ANIMAL NUTRITION INDUSTRY, BY REGION, 2020-2027 (USD MILLION) 49
TABLE 22 GLOBAL THIOCHEMICALS MARKET FOR ANIMAL NUTRITION INDUSTRY, BY REGION, 2020-2027 (KILO TONS) 49
TABLE 23 GLOBAL THIOCHEMICALS MARKET FOR AGROCHEMICAL INDUSTRY, BY REGION, 2020-2027 (USD MILLION) 49
TABLE 24 GLOBAL THIOCHEMICALSMARKET FOR AGROCHEMICAL INDUSTRY, BY REGION, 2020-2027 (KILO TONS) 50
TABLE 25 GLOBAL THIOCHEMICALS MARKET FOR CHEMICAL INDUSTRY, BY REGION, 2020-2027 (USD MILLION) 51
TABLE 26 GLOBAL THIOCHEMICALSMARKET FOR CHEMICAL INDUSTRY, BY REGION, 2020-2027 (KILO TONS) 51
TABLE 27 GLOBAL THIOCHEMICALS MARKET FOR PHARMACEUTICAL INDUSTRY, BY REGION, 2020-2027 (USD MILLION) 52
TABLE 28 GLOBAL THIOCHEMICALS MARKET FOR PHARMACEUTICAL INDUSTRY, BY REGION, 2020-2027 (KILO TONS) 52
TABLE 29 GLOBAL THIOCHEMICALS MARKET FOR COSMETICS & PERSONAL CARE INDUSTRY, BY REGION, 2020-2027 (USD MILLION) 53
TABLE 30 GLOBAL THIOCHEMICALS MARKET FOR COSMETICS & PERSONAL CARE INDUSTRY, BY REGION, 2020-2027 (KILO TONS) 53
TABLE 31 GLOBAL THIOCHEMICALS MARKET FOR ELECTRICAL & ELECTRONICS INDUSTRY, BY REGION, 2020-2027 (USD MILLION) 54
TABLE 32 GLOBAL THIOCHEMICALS MARKET FOR ELECTRICAL & ELECTRONICS INDUSTRY, BY REGION, 2020-2027 (KILO TONS) 54
TABLE 33 GLOBAL THIOCHEMICALS MARKET FOR OTHERS, BY REGION, 2020-2027 (USD MILLION) 55
TABLE 34 GLOBAL THIOCHEMICALS MARKET FOR OTHERS, BY REGION, 2020-2027 (KILO TONS) 55
TABLE 35 GLOBAL THIOCHEMICALS MARKET, BY REGION, 2020-2027 (USD MILLION) 57
TABLE 36 GLOBAL THIOCHEMICALS MARKET, BY REGION, 2020-2027 (KILO TONS) 58
TABLE 37 GLOBAL THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 58
TABLE 38 GLOBAL THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 59
TABLE 39 GLOBAL THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 59
TABLE 40 GLOBAL THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 60
TABLE 41 NORTH AMERICA: THIOCHEMICALS MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 61
TABLE 42 NORTH AMERICA: THIOCHEMICALSMARKET, BY COUNTRY, 2020-2027 (KILO TONS) 61
TABLE 43 NORTH AMERICA: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 61
TABLE 44 NORTH AMERICA: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 62
TABLE 45 NORTH AMERICA: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 62
TABLE 46 NORTH AMERICA: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 63
TABLE 47 U.S.: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 63
TABLE 48 U.S.: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 64
TABLE 49 U.S.: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 64
TABLE 50 U.S.: THIOCHEMICALSMARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 65
TABLE 51 CANADA: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 65
TABLE 52 CANADA: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 66
TABLE 53 CANADA: THIOCHEMICALSMARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 66
TABLE 54 CANADA: THIOCHEMICALSMARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 67
TABLE 55 EUROPE: THIOCHEMICALS MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 67
TABLE 56 EUROPE: THIOCHEMICALS MARKET, BY COUNTRY, 2020-2027 (KILO TONS) 68
TABLE 57 EUROPE: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 68
TABLE 58 EUROPE: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 69
TABLE 59 EUROPE: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 69
TABLE 60 EUROPE: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 70
TABLE 61 GERMANY: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 70
TABLE 62 GERMANY: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 71
TABLE 63 GERMANY: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 71
TABLE 64 GERMANY: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 72
TABLE 65 U.K.: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 72
TABLE 66 U.K.: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 73
TABLE 67 U.K.: THIOCHEMICALSMARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 73
TABLE 68 U.K.: THIOCHEMICALSMARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 74
TABLE 69 FRANCE: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 74
TABLE 70 FRANCE: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 75
TABLE 71 FRANCE: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 75
TABLE 72 FRANCE: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 76
TABLE 73 SPAIN: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 76
TABLE 74 SPAIN: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 77
TABLE 75 SPAIN: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 77
TABLE 76 SPAIN: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 78
TABLE 77 ITALY: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 78
TABLE 78 ITALY: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 79
TABLE 79 ITALY: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 79
TABLE 80 ITALY: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 80
TABLE 81 RUSSIA: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 80
TABLE 82 RUSSIA: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 81
TABLE 83 RUSSIA: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 81
TABLE 84 RUSSIA: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 82
TABLE 85 REST OF EUROPE: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 82
TABLE 86 REST OF EUROPE: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 83
TABLE 87 REST OF EUROPE: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 83
TABLE 88 REST OF EUROPE: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 84
TABLE 89 ASIA-PACIFIC: THIOCHEMICALS MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 84
TABLE 90 ASIA-PACIFIC: THIOCHEMICALS MARKET, BY COUNTRY, 2020-2027 (KILO TONS) 85
TABLE 91 ASIA-PACIFIC: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 85
TABLE 92 ASIA-PACIFIC: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 86
TABLE 93 ASIA-PACIFIC: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 86
TABLE 94 ASIA-PACIFIC: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 87
TABLE 95 CHINA: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 87
TABLE 96 CHINA: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 88
TABLE 97 CHINA: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 88
TABLE 98 CHINA: THIOCHEMICALSMARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 89
TABLE 99 JAPAN: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 89
TABLE 100 JAPAN: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 90
TABLE 101 JAPAN: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 90
TABLE 102 JAPAN: THIOCHEMICALSMARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 91
TABLE 103 INDIA: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 91
TABLE 104 INDIA: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 92
TABLE 105 INDIA: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 92
TABLE 106 INDIA: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 93
TABLE 107 AUSTRALIA & NEW ZEALAND: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 93
TABLE 108 AUSTRALIA & NEW ZEALAND: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 94
TABLE 109 AUSTRALIA & NEW ZEALAND: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 94
TABLE 110 AUSTRALIA & NEW ZEALAND: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 95
TABLE 111 INDONESIA: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 95
TABLE 112 INDONESIA: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 96
TABLE 113 INDONESIA: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 96
TABLE 114 INDONESIA: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 97
TABLE 115 SOUTH KOREA: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 97
TABLE 116 SOUTH KOREA: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 98
TABLE 117 SOUTH KOREA: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 98
TABLE 118 SOUTH KOREA: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 99
TABLE 119 REST OF ASIA-PACIFIC: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 99
TABLE 120 REST OF ASIA-PACIFIC: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 100
TABLE 121 REST OF ASIA-PACIFIC: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 100
TABLE 122 REST OF ASIA-PACIFIC: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 101
TABLE 123 LATIN AMERICA: THIOCHEMICALS MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 101
TABLE 124 LATIN AMERICA: THIOCHEMICALS MARKET, BY COUNTRY, 2020-2027 (KILO TONS) 102
TABLE 125 LATIN AMERICA: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 102
TABLE 126 LATIN AMERICA: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 103
TABLE 127 LATIN AMERICA: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 103
TABLE 128 LATIN AMERICA: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 104
TABLE 129 MEXICO: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 104
TABLE 130 MEXICO: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 105
TABLE 131 MEXICO: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 105
TABLE 132 MEXICO: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 106
TABLE 133 ARGENTINA: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 106
TABLE 134 ARGENTINA: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 107
TABLE 135 ARGENTINA: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 107
TABLE 136 ARGENTINA: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 108
TABLE 137 BRAZIL: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 108
TABLE 138 BRAZIL: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 109
TABLE 139 BRAZIL: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 109
TABLE 140 BRAZIL: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 110
TABLE 141 REST OF LATIN AMERICA: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 110
TABLE 142 REST OF LATIN AMERICA: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 111
TABLE 143 REST OF LATIN AMERICA: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 111
TABLE 144 REST OF LATIN AMERICA: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 112
TABLE 145 THE MIDDLE EAST & AFRICA: THIOCHEMICALS MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 112
TABLE 146 THE MIDDLE EAST & AFRICA: THIOCHEMICALS MARKET, BY COUNTRY, 2020-2027 (KILO TONS) 113
TABLE 147 THE MIDDLE EAST & AFRICA: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 113
TABLE 148 THE MIDDLE EAST & AFRICA: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 114
TABLE 149 THE MIDDLE EAST & AFRICA: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 114
TABLE 150 THE MIDDLE EAST & AFRICA: THIOCHEMICALSMARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 115
TABLE 151 TURKEY: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 115
TABLE 152 TURKEY: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 116
TABLE 153 TURKEY: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 116
TABLE 154 TURKEY: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 117
TABLE 155 G.C.C.: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 117
TABLE 156 G.C.C.: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 118
TABLE 157 G.C.C.: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 118
TABLE 158 G.C.C.: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 119
TABLE 159 NORTH AFRICA: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 119
TABLE 160 NORTH AFRICA:. THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 120
TABLE 161 NORTH AFRICA: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 120
TABLE 162 NORTH AFRICA: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 121
TABLE 163 REST OF THE MIDDLE EAST & AFRICA: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 121
TABLE 164 REST OF THE MIDDLE EAST & AFRICA: THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 122
TABLE 165 REST OF THE MIDDLE EAST & AFRICA: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 122
TABLE 166 REST OF THE MIDDLE EAST & AFRICA: THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 123
TABLE 167 KEY DEVELOPMENTS 126
TABLE 168 COMPETITORS PRODUCT BENCHMARKING 128
13 List Of Figures
FIGURE 1 GLOBAL THIOCHEMICALS MARKET: MARKET STRUCTURE 19
FIGURE 2 RESEARCH PROCESS OF MRFR 21
FIGURE 3 TOP-DOWN & BOTTOM-UP APPROACH 23
FIGURE 4 GLOBAL THIOCHEMICALS MARKET DYNAMICS 25
FIGURE 5 GLOBAL OIL & GAS PRODUCTION BY VOLUME (MILLION METRIC TONS) 27
FIGURE 6 GLOBAL POULTRY MEAT PRODUCTION BY VOLUME (MILLION METRIC TONS) 27
FIGURE 7 GLOBAL POULTRY CONSUMPTION REGIONWISE IN KG/PERSON/YEAR (2020) 28
FIGURE 8 GLOBAL AGROCHEMICAL INDUSTRY BY VALUE (USD BILLION) 29
FIGURE 9 SUPPLY CHAIN ANALYSIS OF GLOBAL THIOCHEMICALS MARKET 31
FIGURE 10 PORTER’S FIVE FORCES ANALYSIS OF GLOBAL THIOCHEMICALSS MARKET 32
FIGURE 11 GLOBAL THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 35
FIGURE 12 GLOBAL THIOCHEMICALS MARKET, BY PRODUCT TYPE, 2020-2027 (KILO TONS) 36
FIGURE 13 GLOBAL THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 46
FIGURE 14 GLOBAL THIOCHEMICALS MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 47
FIGURE 15 GLOBAL THIOCHEMICALS MARKET BY REGION, 2020-2027 (USD MILLION) 57
FIGURE 16 GLOBAL THIOCHEMICALS MARKET BY REGION, 2020-2027 (KILO TONS) 58
FIGURE 17 MARKET STRATEGY (%) 125
FIGURE 18 GLOBAL THIOCHEMICALS MARKET BY REGION, 2020 (% SHARE) 156
Global Thiochemicals Market: Competitive Landscape
Some of the key players operating in the global thiochemicals market are Arkema SA (France), TORAY INDUSTRIES, INC. (Japan), Chevron Phillips Chemical Company (U.S.), BASF SE (Germany), Merck KGaA (Germany), BRUNO BOCK Chemische Fabrik GmbH & Co. KG (Germany), Zhongke Fine Chemical Co., Ltd. (China), HEBEI YANUO Bioscience Co., Ltd. (China), Taizhou Sunny Chemical Co., Ltd (China), Oxon Italia S.p.A. (Italy), Varsal (U.S.), Affon Chemical Co., Ltd. (China), SHINYA CHEM (China), Uniwin Chemical Co., Ltd. (China), and Thermo Fisher Scientific (U.S.).
Arkema SA (France), and Chevron Phillips Chemical Company (U.S.)collectively hold the largest share of the global thiochemicals market. There is intense competition in the market among these leading players on account of the growing product demand across various end-use industries. The market is marked by the presence of tier-1 and tier-2 companies. The major market players are adopting various business strategies including capacity expansion, investment, new product launches, and joint ventures to attain a substantial share of the market and earn sizeable revenue during the forecast period.
Arkema SA is a global manufacturer of specialty chemicals and advanced materials. In June 2018, Arkema announced the doubling of its thiochemicals production at its Beaumont site in Texas, U.S., in collaboration with Novus International, Inc. This is expected to enhance the company’s position in the animal nutrition market and make Arkema a leader in the high-value-added sulfur derivatives market. The new plant is expected to be operational by the summer of 2021. In November 2017, Arkema announced the doubling of the production capacity of its methyl mercaptan unit in Kerteh, Malaysia, by 2020.
Chevron Phillips Chemical Company LLP (CPChem) produces various organic chemical products. In March 2014, CPChem opened a new manufacturing facility in Tessenderlo, Belgium, to meet the growing demand for hydrogen sulfide (H2S) and additional sulfur-based products such as mercaptans, sulfides, polysulfides, and Scentinel gas odorants. The plant has helped increase production capacity by around 40%. In May 2017, CPChem expanded production capacity of ethyl mercaptan (EM) and tetrahydrothiophene (THT) at the plant by 65% to ensure a long-term and dependable supply of these products.