Market Overview:
The global methyl thioglycolate 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 methyl thioglycolate in various applications such as medicine, pesticide, and others. Additionally, the growing awareness about the benefits of using methyl thioglycolate is also contributing to the growth of this market.
Product Definition:
Methyl thioglycolate is a chemical compound that is used in the manufacturing of some types of synthetic rubber.
Greater than or equal to98%:
The global greater than or equal to98%, it's usage and growth factor in methyl thioglycolate market size was valued at USD 8.5 million in 2015. The industry is expected to witness significant growth over the forecast period owing to increasing demand for methyl thioglycolate from various end-use industries such as pharmaceuticals, agrochemicals, cosmetics, and others.
Greater than or equal to99%:
The global methyl thioglycolate market is expected to witness significant growth over the forecast period owing to its increasing demand in chemical intermediates, pharmaceuticals, and as a raw material for manufacturing herbicides. The product has wide applications in industries such as textiles, food processing & additives, agriculture chemicals & fertilizers. It is also used as an intermediate for manufacturing pesticides and other agrochemicals which are further expected to augment the overall market growth over the next seven years.
Application Insights:
The methyl thioglycolate market is segmented on the basis of application into medicine, pesticide, and others. The medicine segment dominated the global market in terms of revenue share in 2017. Methyl thioglycolate has a wide range of applications across different industries such as pharmaceuticals, cosmetics, food additives and processing aids among others. It is used as an antifreeze agent for vehicles and equipment operating at extreme temperatures owing to its high boiling point (of approximately 170°C). It is also used as a solvent in several industrial processes including manufacturing polycarbonate plastics and resins along with other compounds such as dyes & pigments which are further utilized within end-use industries or processed further by chemical companies for commercial use.
Regional Analysis:
Asia Pacific was the largest market for global MTG with a revenue share of over 40% in 2017. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing demand from end-use industries such as agrochemicals, pharmaceuticals, and others in emerging countries such as China and India. In addition, growing environmental concerns have led manufacturers to develop eco-friendly products which will also drive regional growth.
The European market is anticipated to witness significant growth during the forecast period owing to stringent regulations regarding chemical manufacturing coupled with rising demand for bio-based chemicals from various end-use industries particularly in Germany and U.K.
Europe accounted for approximately 20% of global methyl thioglycolate production capacity in 2017 owing KASKI GmbH & Co.
Growth Factors:
- Increasing demand for Methyl Thioglycolate in personal care and cosmetics industry.
- Rising awareness about the benefits of Methyl Thioglycolate in hair care products.
- Growing popularity of natural ingredients based hair care products.
- Increasing use of Methyl Thioglycolate in skin lightening and anti-aging products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Methyl Thioglycolate Market Research Report
By Type
Greater than or equal to98%, Greater than or equal to99%, Others
By Application
Medicine, Pesticide, Others
By Companies
Xinyi Taisong Chemical, Suzhou Ausun Fine Chemical, Shaanxi Rebecca Bio-Tech, Qingdao Bright Chemical, Haihang Group, Qingdao Jiahua Chemical, Zhengzhou Yinyue Chemicals, ShouGuang Haimeng Chemical, Qingdao ZKHT Chemical, Shandong Chuangying Chemical, Heze Development Zone Kaisheng Chemical, Jinan Guriute Chemical, Sanheyuan Chemical
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Methyl Thioglycolate Market Report Segments:
The global Methyl Thioglycolate market is segmented on the basis of:
Types
Greater than or equal to98%, Greater than or equal to99%, Others
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
Medicine, Pesticide, Others
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:
- Xinyi Taisong Chemical
- Suzhou Ausun Fine Chemical
- Shaanxi Rebecca Bio-Tech
- Qingdao Bright Chemical
- Haihang Group
- Qingdao Jiahua Chemical
- Zhengzhou Yinyue Chemicals
- ShouGuang Haimeng Chemical
- Qingdao ZKHT Chemical
- Shandong Chuangying Chemical
- Heze Development Zone Kaisheng Chemical
- Jinan Guriute Chemical
- Sanheyuan Chemical
Highlights of The Methyl Thioglycolate 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:
- Greater than or equal to98%
- Greater than or equal to99%
- Others
- By Application:
- Medicine
- Pesticide
- Others
- 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 Methyl Thioglycolate 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- 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?
Methyl thioglycolate is a compound with the molecular formula C3H5O2. It is a colorless, viscous liquid that has a sweet odor. Methyl thioglycolate is used in industrial and agricultural applications as a solvent, emulsifier, and wetting agent.
Some of the major players in the methyl thioglycolate market are Xinyi Taisong Chemical, Suzhou Ausun Fine Chemical, Shaanxi Rebecca Bio-Tech, Qingdao Bright Chemical, Haihang Group, Qingdao Jiahua Chemical, Zhengzhou Yinyue Chemicals, ShouGuang Haimeng Chemical, Qingdao ZKHT Chemical, Shandong Chuangying Chemical, Heze Development Zone Kaisheng Chemical, Jinan Guriute Chemical, Sanheyuan Chemical.
The methyl thioglycolate market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Methyl Thioglycolate Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Methyl Thioglycolate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Methyl Thioglycolate Market - Supply Chain
4.5. Global Methyl Thioglycolate Market Forecast
4.5.1. Methyl Thioglycolate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Methyl Thioglycolate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Methyl Thioglycolate Market Absolute $ Opportunity
5. Global Methyl Thioglycolate Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Methyl Thioglycolate Market Size and Volume Forecast by Type
5.3.1. Greater than or equal to98%
5.3.2. Greater than or equal to99%
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Methyl Thioglycolate Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Methyl Thioglycolate Market Size and Volume Forecast by Application
6.3.1. Medicine
6.3.2. Pesticide
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Methyl Thioglycolate Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Methyl Thioglycolate Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Methyl Thioglycolate Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Methyl Thioglycolate Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Methyl Thioglycolate Demand Share Forecast, 2019-2026
9. North America Methyl Thioglycolate Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Methyl Thioglycolate Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Methyl Thioglycolate Market Size and Volume Forecast by Application
9.4.1. Medicine
9.4.2. Pesticide
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Methyl Thioglycolate Market Size and Volume Forecast by Type
9.7.1. Greater than or equal to98%
9.7.2. Greater than or equal to99%
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Methyl Thioglycolate Demand Share Forecast, 2019-2026
10. Latin America Methyl Thioglycolate Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Methyl Thioglycolate Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Methyl Thioglycolate Market Size and Volume Forecast by Application
10.4.1. Medicine
10.4.2. Pesticide
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Methyl Thioglycolate Market Size and Volume Forecast by Type
10.7.1. Greater than or equal to98%
10.7.2. Greater than or equal to99%
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Methyl Thioglycolate Demand Share Forecast, 2019-2026
11. Europe Methyl Thioglycolate Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Methyl Thioglycolate Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Methyl Thioglycolate Market Size and Volume Forecast by Application
11.4.1. Medicine
11.4.2. Pesticide
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Methyl Thioglycolate Market Size and Volume Forecast by Type
11.7.1. Greater than or equal to98%
11.7.2. Greater than or equal to99%
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis 11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Methyl Thioglycolate Demand Share, 2019-2026
12. Asia Pacific Methyl Thioglycolate Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Methyl Thioglycolate Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Methyl Thioglycolate Market Size and Volume Forecast by Application
12.4.1. Medicine
12.4.2. Pesticide
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Methyl Thioglycolate Market Size and Volume Forecast by Type
12.7.1. Greater than or equal to98%
12.7.2. Greater than or equal to99%
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Methyl Thioglycolate Demand Share, 2019-2026
13. Middle East & Africa Methyl Thioglycolate Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Methyl Thioglycolate Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Methyl Thioglycolate Market Size and Volume Forecast by Application
13.4.1. Medicine
13.4.2. Pesticide
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Methyl Thioglycolate Market Size and Volume Forecast by Type
13.7.1. Greater than or equal to98%
13.7.2. Greater than or equal to99%
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Methyl Thioglycolate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Methyl Thioglycolate Market: Market Share Analysis
14.2. Methyl Thioglycolate Distributors and Customers
14.3. Methyl Thioglycolate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Xinyi Taisong Chemical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Suzhou Ausun Fine Chemical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Shaanxi Rebecca Bio-Tech
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Qingdao Bright Chemical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Haihang Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Qingdao Jiahua Chemical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Zhengzhou Yinyue Chemicals
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ShouGuang Haimeng Chemical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Qingdao ZKHT Chemical
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shandong Chuangying Chemical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Heze Development Zone Kaisheng Chemical
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Jinan Guriute Chemical
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Sanheyuan Chemical
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
