Thursday, 30 May 2019

Thiourea Market Projected to be Resilient by 2026


New York, 30th May 2019 – The global Thiourea Market Research Report includes In-depth Analysis of industry by recent technologies, trends, opportunities, challenges, key players and business strategies considering types, segment, and future analysis. The Thiourea Market Report Provides Growth History, Sales Channel, Manufacturers Profiled in Thiourea Business, Market Share of Product, Application and Regional Scope of Thiourea which makes the research report a helpful resource for marketing people, forecasters, industry executives & consultants, sales, product managers, Strategy Advisor, potential investors to understand the present as well as future market size, situations in terms of growth rate and revenue. This report will help the viewer in Better Decision Making.


Top Key Manufacturers – Guizhou Hongkai Chemical, Sanshin Chemical Industry Limited, Yantai Dasteck Chemicals Co.Ltd., Zhejiang Rayfull Chemicals Co., Ltd., and Shandong Efirm Biochemistry.
Globally, Asia Pacific accounted for the substantial market share of thiourea and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the government initiative for increasing the productivity of crops, high investment in R&D sector to manufacture several drug types, and the presence of key manufacturers in this region. The developing countries like India and China are the major consumers of thiourea in this region.
Thiourea is an organosulfur compound also termed as thiocarbamide that resembles urea but contains sulfur instead of oxygen. It is a colorless, crystalline, water-soluble solid with a molecular formula is CS(NH2)2. It is exclusively used to accelerate the vulcanization of rubber, photography, and inorganic synthesis.
The factors that are playing a major role in the growth of thiourea market are the high demand from the mining industry and the growing application in agriculture and pharmaceutical industry. However, its toxic nature may restrain overall market growth in the years to come. Thiourea market is segmented based on application, end-user, and region. Metal cleaning, ore leaching, metal refinement, auxiliary agent, additive, isomerization catalyst, and other applications could be explored in thiourea in the forecast period.
Geographic Key Regions
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
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