A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Thiochemicals
market. The
study, titled “Thiochemicals
Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2014 - 2020”,
is available for sale on the firm’s website.
Thio
refers to a chemical, generally an ion, where the oxygen atom in the
compound is replaced by a sulphur ion. Almost all chemicals where the
oxygen ion is replaced by a sulphur ion are known as thiochemicals. A
reaction in which oxygen is converted to sulphur is called as
thionation or thiation. Thiochemicals include thiourea, thiosulphate
etc.
Some
of the key applications of thiochemicals constitute the animal
nutrition industry and the oil and gas industry. Thiochemicals
constitute a very niche market in the global chemical market. Sulphur
is the key raw material that is utilized in the thionation process,
which on further processing gives methyl mercaptan and other
mercaptans. Methyl mercaptan is employed in animal nutrition and in
the oil and gas industries while other mercaptans are used as gas
odorizers in gas leakage detection and in the polymers industry as a
polymerization agent. Methyl mercaptans are majorly used in
refineries for fuel desulfuring in the oil and gas industry and in
crackers as anticocking agents.
Get
PDF Brochure for more Professional and Technical insights :
Some
of the key drivers of the thiochemicals market include the animal
nutrition industry and the oil and gas industry. The increase in the
global poultry consumption, the growing population and the untapped
emerging countries in the Middle Eastern region are the main drivers
for the thiochemicals market. In addition, stringent regulations on
the sulfur content in fuel coupled with new petrochemical projects in
the Middle Eastern countries, Asian countries, and in the U.S. and
the growig use of natural gas are few of the other drivers for the
thiochemicals market.
In
addition, the fast growing applications of thiochemicals for the
desulfuration of gasoline and diesel along with its use in gas
leakage detection is likely to boost the market for thiochemicals
during the forecast period. A few thiochemicals including
thioglycolates and thiolactates are used as active ingredients in the
cosmetic industry as cold wave formulations for hair perms and hair
straighteners. Moreover, thioglycolic acids are basic materials for
the synthesis of PVC heat stabilizers.
Among
the four regions, the major market for thiochemicals is North
America. Owing to the high consumption of poultry in this region
along with the growing number of oil and gas fields, the demand for
thiochemicals is likely to increase over the next few years. The
demand for thiochemicals in Europe followed that of North America.
This is due to the stringent rules and regulations put forth by the
EU in order to reduce the sulphur content in the fuel. In addition,
the increased number of oil and gas fields in Middle Eastern
countries is expected to boost the market for thiochemicals during
the projected period.
Browse
Market Research Report with ToC & Analysis :
The
demand for thiochemicals in emerging economies in the Asia Pacific
region especially India and China is anticipated to grow owing to the
change in food preferences in various population groups. However, the
cost of production of thiochemicals and the volatility in the price
of raw materials are likely to be the main restraints of the
thiochemicals market.
Arkema
S.A. is one of the largest manufactures of a wide range of
thiochemicals that are used by various end user segments. Some of the
major companies present in the thiochemicals market include Arkema
S.A., Chevron, Philips and others.This research report analyzes this
market on the basis of its market segments, major geographies, and
current market trends.
Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
Contact
Us
Transparency
Market Research
90
State Street, Suite 700
Albany,
NY 12207
Tel:
+1-518-618-1030
USA
- Canada Toll Free: 866-552-3453
No comments:
Post a Comment