Market Overview:
The global tert-butyl mercaptan (TBM) market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for TBM in various applications such as chemical intermediate, odorant, and others. In terms of volume, Asia Pacific is expected to lead the market during the forecast period followed by Europe and North America.
 Industry Outlook.svg)
Product Definition:
A colorless, oily liquid with a disagreeable odor. It is used as a solvent and an intermediate in the manufacture of other chemicals.
Purity ≤99%:
Purity ≤99% is a special type of Mercaptan which has been used in the production of tert-butyl mercaptan (TBM) for many years. Purity level above 99% means that there are no other chemicals present in the final product which can be responsible for any adverse reaction.
Purity ＞99%:
Purity 99% is a special type of Mercaptan, which is produced by the reaction of Sulfur Dioxide with Ethylene. It has an aroma similar to rotten eggs and gives mercaptans their characteristic smell.
Application Insights:
Odorant segment is expected to emerge as the fastest-growing application and is projected to register a CAGR of XX% over the forecast period. TBM has been used as an odorant in various applications including natural gas leak detection, meat processing plants, cheese making and fruit processing plants among others. It has also found utility as a chemical intermediate in manufacturing several industrial products such as solvents, adhesives & sealants, coatings and plastics among others.
Increasing demand for paints & coatings from construction industry coupled with high production volume of Paints & Coatings Industry in China is anticipated to drive product demand from 2019 to 2030 owing to its ability t ocontrol odors.
Regional Analysis:
Asia Pacific is expected to be the largest regional market over the forecast period. The region accounted for a volume share of more than 35.0% in 2017 and is anticipated to witness significant growth in future as well owing to increasing demand from end-use industries such as chemical, manufacturing, and others. China was one of the major producers of tert-butyl mercaptan globally; however, it has been facing severe challenges due to depleting natural resources coupled with growing population since last few years.
North America emerged as one of the prominent consumers for tert-butyl mercaptan on account rising demand from various end-use industries such as food & beverage processing companies along with other applications such as air freshener and odorant in detergents used by hotels/resorts across U.S.
Growth Factors:
- Increasing demand for TBM in various end-use industries such as agrochemicals, pharmaceuticals, and flavors & fragrances is expected to drive the market growth.
- Growing awareness about the benefits of TBM is anticipated to fuel its demand in the near future.
- Rising investments by key players for expansion of production capacities is likely to propel the market growth over the forecast period.
- Technological advancements in extraction and purification processes are projected to create new opportunities for TBM market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Tert-Butyl Mercaptan (TBM) Market Research Report
By Type
Purity ≤99%, Purity ＞99%
By Application
Chemical Intermediate, Odorant, Other
By Companies
Chevron Phillips Chemical Company, Shida Shenghua, Guanfu, Qixiang Tengda
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
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Tert-Butyl Mercaptan (TBM) Market Report Segments:
The global Tert-Butyl Mercaptan (TBM) market is segmented on the basis of:
Types
Purity ≤99%, Purity ＞99%
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
Chemical Intermediate, Odorant, Other
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:
- Chevron Phillips Chemical Company
- Shida Shenghua
- Guanfu
- Qixiang Tengda
 Market Overview.svg)
Highlights of The Tert-Butyl Mercaptan (TBM) 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%
- Purity ＞99%
- By Application:
- Chemical Intermediate
- Odorant
- Other
- 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 Tert-Butyl Mercaptan (TBM) 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
 Market Statistics.svg)
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?
TBM is a chemical compound with the formula C6H5CH3. It is a colorless liquid that has a strong odor of mercaptans. TBM is used as an additive in many industrial and commercial products, including paints, solvents, and plastics.
Some of the key players operating in the tert-butyl mercaptan (tbm) market are Chevron Phillips Chemical Company, Shida Shenghua, Guanfu, Qixiang Tengda.
The tert-butyl mercaptan (tbm) 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 Tert-Butyl Mercaptan (TBM) 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 Tert-Butyl Mercaptan (TBM) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tert-Butyl Mercaptan (TBM) 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 Tert-Butyl Mercaptan (TBM) 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 Tert-Butyl Mercaptan (TBM) Market Size & Forecast, 2020-2028
4.5.1 Tert-Butyl Mercaptan (TBM) Market Size and Y-o-Y Growth
4.5.2 Tert-Butyl Mercaptan (TBM) Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Purity ≤99%
5.2.2 Purity ＞99%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Chemical Intermediate
6.2.2 Odorant
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tert-Butyl Mercaptan (TBM) 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 Tert-Butyl Mercaptan (TBM) 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Purity ≤99%
9.6.2 Purity ＞99%
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 Market Size Forecast by Applications
9.10.1 Chemical Intermediate
9.10.2 Odorant
9.10.3 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Purity ≤99%
10.6.2 Purity ＞99%
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 Market Size Forecast by Applications
10.10.1 Chemical Intermediate
10.10.2 Odorant
10.10.3 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Purity ≤99%
11.6.2 Purity ＞99%
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 Market Size Forecast by Applications
11.10.1 Chemical Intermediate
11.10.2 Odorant
11.10.3 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Purity ≤99%
12.6.2 Purity ＞99%
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 Market Size Forecast by Applications
12.10.1 Chemical Intermediate
12.10.2 Odorant
12.10.3 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Purity ≤99%
13.6.2 Purity ＞99%
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) Market Size Forecast by Applications
13.10.1 Chemical Intermediate
13.10.2 Odorant
13.10.3 Other
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 Tert-Butyl Mercaptan (TBM) Market: Competitive Dashboard
14.2 Global Tert-Butyl Mercaptan (TBM) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chevron Phillips Chemical Company
14.3.2 Shida Shenghua
14.3.3 Guanfu
14.3.4 Qixiang Tengda
