Market Overview:
The global high purity thiourea market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high purity thiourea from various applications such as photography and photocopying papers, pharmaceuticals, and catalysts. In addition, the growing demand for high purity thiourea from emerging economies is also contributing to the growth of this market. However, fluctuations in prices of raw materials used in the production of high purity thiourea may restrain the growth of this market during the forecast period.
Product Definition:
High Purity Thiourea is a chemical compound with the formula CS2NH2. It is a white solid that is soluble in water and polar organic solvents. High Purity Thiourea has a number of industrial applications, most notably as a precursor to tetramethylthiuram disulfide (TMTD), which is used as an antioxidant additive in rubber products.
Purity: 99.5%:
Purity: 99.5%, it's usage.
The global high purity thiourea (HPT) market size was valued at USD 2.6 million in 2015 and is expected to grow at a CAGR of XX% over the forecast period on account of its increasing demand from end-use industries such as pharmaceuticals, chemicals, water treatment, food & beverages among others.
Purity: 99.0%:
Purity: 99.0% is a colorless and highly water-soluble crystalline compound, which is used as an intermediate in the production of chemicals for several end-use industries such as herbicides, pesticides, and others. It also plays an important role in the synthesis of thiocarbamates (TCs), which are widely utilized as catalysts for manufacturing polymers such as polyurethanes and foams.
Application Insights:
Photography and photocopying papers was the largest application segment in 2016, accounting for over 35% of the global market. Increasing use of high purity thiourea as a developing agent and bleach is expected to drive demand over the forecast period.
High purity thiourea has excellent bleaching properties which make it suitable for photoresist stripper during various stages of semiconductor fabrication process such as wafer cleaning, exposure/ development, and hardening processes. It is also used in various applications such as photoresist stripper for CCD cameras used in microelectronics industry or any other imaging device that uses an image sensor with a photosite array.
Regional Analysis:
Europe accounted for the largest share of global high purity thiourea market in 2017. The region is expected to witness a rise in demand on account of the presence of major chemical manufacturers. In addition, technological advancements and stringent regulations regarding pollution control are anticipated to drive product demand over the forecast period.
North America is projected to be one of the fastest growing regions owing to increasing use as an intermediate in producing other chemicals such as 1,3-Thiadiazole (TDI) and 2,2-Bis(4-chlorophenyl)-1,3 dipropanionitrile (BCP). BCP is used as a catalyst for manufacturing resins that are used for making polyurethane foams which are extensively employed across several industries including automotive and aerospace among others. Increasing use of thioureas as catalysts will further boost regional growth over the coming years.
Growth Factors:
- Increasing demand for thiourea in agrochemicals and pharmaceuticals industries due to its properties such as corrosion inhibition, chelating agent, and catalyst.
- Rising demand for high purity thiourea from electronics industry for the manufacturing of semiconductors and other electronic components.
- Growing application of thiourea in textile industry as a dyeing agent and finishing agent that impart brightness, colorfastness, and softness to fabrics.
- Increasing use of thiourea in water treatment plants as an effective coagulant to remove suspended solids from water effluents before discharge into the environment
Scope Of The Report
Report Attributes
Report Details
Report Title
High Purity Thiourea Market Research Report
By Type
Purity: 99.5%, Purity: 99.0%
By Application
Photography and Photocopying Papers, Pharmaceuticals, Catalysts
By Companies
AlzChem, Nippon Chemical Industrial, Guizhou Red Star, Shandong Xinke Environmental Chemistry, Guizhou Hongkai Chemical, AlzChem
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global High Purity Thiourea Market Report Segments:
The global High Purity Thiourea market is segmented on the basis of:
Types
Purity: 99.5%, Purity: 99.0%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Photography and Photocopying Papers, Pharmaceuticals, Catalysts
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AlzChem
- Nippon Chemical Industrial
- Guizhou Red Star
- Shandong Xinke Environmental Chemistry
- Guizhou Hongkai Chemical
- AlzChem
Highlights of The High Purity Thiourea Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Purity: 99.5%
- Purity: 99.0%
- By Application:
- Photography and Photocopying Papers
- Pharmaceuticals
- Catalysts
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Purity Thiourea Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High purity thiourea is a white crystalline powder that is odorless and tasteless. It is used as a precursor to other chemicals, including antibiotics and explosives.
Some of the major players in the high purity thiourea market are AlzChem, Nippon Chemical Industrial, Guizhou Red Star, Shandong Xinke Environmental Chemistry, Guizhou Hongkai Chemical, AlzChem.
The high purity thiourea market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Purity Thiourea Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Purity Thiourea Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Purity Thiourea Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Purity Thiourea Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Purity Thiourea Market Size & Forecast, 2018-2028
4.5.1 High Purity Thiourea Market Size and Y-o-Y Growth
4.5.2 High Purity Thiourea Market Absolute $ Opportunity
Chapter 5 Global High Purity Thiourea Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 High Purity Thiourea Market Size Forecast by Type
5.2.1 Purity: 99.5%
5.2.2 Purity: 99.0%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Purity Thiourea Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 High Purity Thiourea Market Size Forecast by Applications
6.2.1 Photography and Photocopying Papers
6.2.2 Pharmaceuticals
6.2.3 Catalysts
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Purity Thiourea Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Purity Thiourea Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America High Purity Thiourea Analysis and Forecast
9.1 Introduction
9.2 North America High Purity Thiourea Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America High Purity Thiourea Market Size Forecast by Type
9.6.1 Purity: 99.5%
9.6.2 Purity: 99.0%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America High Purity Thiourea Market Size Forecast by Applications
9.10.1 Photography and Photocopying Papers
9.10.2 Pharmaceuticals
9.10.3 Catalysts
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe High Purity Thiourea Analysis and Forecast
10.1 Introduction
10.2 Europe High Purity Thiourea Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe High Purity Thiourea Market Size Forecast by Type
10.6.1 Purity: 99.5%
10.6.2 Purity: 99.0%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe High Purity Thiourea Market Size Forecast by Applications
10.10.1 Photography and Photocopying Papers
10.10.2 Pharmaceuticals
10.10.3 Catalysts
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific High Purity Thiourea Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Purity Thiourea Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific High Purity Thiourea Market Size Forecast by Type
11.6.1 Purity: 99.5%
11.6.2 Purity: 99.0%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific High Purity Thiourea Market Size Forecast by Applications
11.10.1 Photography and Photocopying Papers
11.10.2 Pharmaceuticals
11.10.3 Catalysts
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America High Purity Thiourea Analysis and Forecast
12.1 Introduction
12.2 Latin America High Purity Thiourea Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America High Purity Thiourea Market Size Forecast by Type
12.6.1 Purity: 99.5%
12.6.2 Purity: 99.0%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America High Purity Thiourea Market Size Forecast by Applications
12.10.1 Photography and Photocopying Papers
12.10.2 Pharmaceuticals
12.10.3 Catalysts
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) High Purity Thiourea Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Purity Thiourea Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) High Purity Thiourea Market Size Forecast by Type
13.6.1 Purity: 99.5%
13.6.2 Purity: 99.0%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) High Purity Thiourea Market Size Forecast by Applications
13.10.1 Photography and Photocopying Papers
13.10.2 Pharmaceuticals
13.10.3 Catalysts
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Purity Thiourea Market: Competitive Dashboard
14.2 Global High Purity Thiourea Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AlzChem
14.3.2 Nippon Chemical Industrial
14.3.3 Guizhou Red Star
14.3.4 Shandong Xinke Environmental Chemistry
14.3.5 Guizhou Hongkai Chemical
14.3.6 AlzChem
