![Global Thiochemicals Market](https://res.cloudinary.com/devmoveo/image/upload/v1706529621/skyquest/report/phpb0yqNI.jpg)
Report ID: SQMIG15E2126
Report ID:
SQMIG15E2126 |
Region:
Global |
Published Date: July, 2001
Pages:
157
|
Tables:
75 |
Figures:
75
The market for Thiochemicals is dominated by North America due to the region's robust need for these substances in a variety of fields, including the oil and gas sector. The second and third largest markets for Thiochemicals were North America, Europe, and the Asia-Pacific area. According to projections, Asia Pacific would have the quickest development because of the region's rapidly rising industrial base and growing understanding of animal nutrition methods, particularly in developing countries like China and India. The consumption of poultry is anticipated to rise in the Asia-Pacific area, including in China and India, as a result of a growing population. This is anticipated to intensify the demand for poultry meat and eggs and boost industry usage of Thiochemicals. The product's acceptance in the automotive and transportation industries is what's driving the expansion in Europe.
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REQUEST FREE CUSTOMIZATIONThiochemicals Market size was valued at USD 2.166 billion in 2019 and is poised to grow from USD 2.22 billion in 2023 to USD 2.72 billion by 2031, growing at a CAGR of 2.5% in the forecast period (2024-2031).
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Report ID: SQMIG15E2126