Methyl Mercaptan Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030
The report offers detailed coverage of Methyl Mercaptan industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Methyl Mercaptan by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Methyl mercaptan is colourless gas, with a strong characteristic odour and a very low odour threshold. It is a naturally occurring chemical resulting from decomposition of organic matter. It is widely used in pesticides industry, food and feed additives, medicament industry, etc.
In this report, we count the 99.0% content of the methyl mercaptan.
Methyl mercaptan is a colorless, flammable gas with the odor of rotten cabbage. It is an excellent thiomethylation agent used in synthesis of various organic compounds such as methionine (amino acid used in animal feed additives), pesticide industry, medicament industry, etc. Food and feed additives is the largest downstream products of methyl mercaptan, taking 63.96% of the world methyl mercaptan in 2016.
The production of methyl mercaptan distributed evenly in North America, Europe, China and Asia(EX China) and other regions. North America region is the largest production region of methyl mercaptan in the world in the past five years and it will keep the same position in the next few years. The USA market will take up about 52.60% in the global production in 2016. The top three manufacturers (DuPont, Arkema and Chevron Phillips) have methyl mercaptan plant in USA. In China, due to the production technical, the quality of product has the big difference from foreign.
The sale of methyl mercaptan will reach about 284857 Tons in 2016 from 270111Tons in 2011 at an average growth rate of more than 1.00%. USA is the largest sale region, which will share 40.54% in 2016, followed by Europe region, Asia (Ex China) and china regions, the market shares are 31.34%, 12.38% and 6.77% , respectively in 2016.
The production of methyl mercaptan will reach about 284857 Tons in 2016 from 270111 Tons in 2011 at an average growth rate of more than 1.00%.By 2022,the production of methyl mercaptan will reach about 361486 Tons at an average growth rate of more than4.70%.
The methyl mercaptan industry is highly competitive due to low entry barriers as the industry is less capital intensive and there is no major technology involved.
The report forecast global Methyl Mercaptan market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.
First, this report covers the present status and the future prospects of the global Methyl Mercaptan market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
DuPont
Arkema
Chevron Phillips
At the same time, we classify Methyl Mercaptan according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Methyl Mercaptan Segment classification
Hydrogen Sulfide-Methanol Vapor Phase Synthesis
Sodium Sulfide-Dimethyl Sulfate Synthesis
Thiourea-Dimethyl Sulfate Synthesis
Others
Market by Application
Animal nutrition
Pesticides
Pharmaceuticals
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Methyl Mercaptan market for the forecast period 2023 - 2030?
• What are the driving forces in the Methyl Mercaptan market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Methyl Mercaptan industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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