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Published byJohn Howard Modified over 5 years ago
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Thiochemicals is stated as a group of chemicals, where oxygen molecules are substituted by sulfur. The reactions where the oxygen ion is replaced by the sulfur ion is carried through thionation. Sulfur is considered as one of the major compound used in the production of thiochemicals. Additionally, these compounds are used as polymerization agents, anti-cocking agents as well as for gas leakage detection, and others. It is also used in the chemicals and polymer & plastic industry. Some of the major applications of Thiochemical are in the animal nutrition industry and oil & gas industry. Sulphur is a major raw material which is used in the thionation process, which gives methyl mercaptan and other mercaptans. Methyl mercaptans are mostly used in refineries for fuel de- sulfuring in the oil & gas industry as well as in crackers as anti-cocking agents.
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The Thiochemical market report is the most important research for who looks for complete information on the global trends for the Thiochemical market. This report covers all information on the Global as well as regional markets including old and future trends for market demand, supply, size, competitors, prices and Global predominant vendors' information. the report also provides a complete overview of Thiochemical markets; including key players, types, manufacturing segment, cost, fluid market shares, and market dynamics in 2019. The report has been prepared based on the synthesis, analysis, and interpretation of information about the Thiochemical market collected from specialized sources. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. Company details, product portfolio, financial overview, new project launched, recent development analysis are the parameters included in the profile.
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North America is expected to dominate the global thiochemical market during the forecast period 2019–2026. The market is mainly driven by increasing demand for thiochemical in an extensive range of applications such as oil & gas industry in this region. Additionally, especially in the U.S. the rising raw material capacity, and increasing demand from end-user industries such as agrochemicals, food & polymer industry, and others will propel the market growth during the forecasted period. Some of the prominent players operating in the global thiochemical market are Arkema S.A. (France), Chevron Phillips (U.S.), Toray Fine Chemicals Co. (Japan), BASF (Germany), Sipcam Oxon (Italy), Dexing Zhongke Fine Chemical (China), Taizhou Sunny Chemical (China), and Langfang Jinshenghui Chemical (China)
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