Thiochemical Market, Size, Trends, Opportunities, New Product Developments, Competitive Landscape and Forecast by 2030
The thiochemical market is a vital component of the global chemical industry, providing essential materials for a range of industrial and consumer applications. Thiochemicals are chemicals that contain a sulfur atom bonded to a carbon atom, and they are produced from a range of sources, including petroleum, natural gas, and coal. The thiochemical market is growing rapidly, driven by increasing demand for sulfur-containing chemicals in a variety of applications, including the production of polymers, agrochemicals, and surfactants. Thiochemical Market is projected to be worth USD 2722.6 Million by 2030, registering a CAGR of 2.50% during the forecast period (2022 - 2030). The growing demand for sulfur-containing chemicals in various applications is driving the growth of the market. The increasing demand for agrochemicals , which are used to improve crop yield and quality, is a major driver of the thiochemical market. Sulfur-containing compounds are used as active ...