Global Thiourea Market Poised to Reach USD 0.24 Billion by 2031: Industry Trends & Growth Analysis

LOS ANGELES, United States: The report titled, "Global Thiourea Market Research Report 2025" is recently published by QY Research. The report presented here is a comprehensive account that includes thorough analysis and forecast of the global Thiourea market. The forecast period considered for this research study is 2025-2031 and the review period is 2019-2025. With a view to ensure the highest level of accuracy of the data provided in the report, our analysts completed deep validation and revalidation processes using reliable sources and tools. The report offers unbiased and in-depth assessment of the global Thiourea market, taking into consideration market competition, regional growth, key segments, and other important aspects. It includes accurate market facts, figures, and statistics related to revenue, production, consumption, CAGR, market share, and other factors.

The global market for Thiourea was estimated to be worth US$ 153 million in 2024 and is forecast to a readjusted size of US$ 230 million by 2031 with a CAGR of 6.1% during the forecast period 2025-2031.

Download Detailed PDF Sample Copy of Thiourea Research Report: https://www.qyresearch.com/sample/3527867

According to the survey, there are many ways to produce thiourea, including synthesis with thiophosgene and amine as raw materials, synthesis with isothiocyanate and amine as raw materials, synthesis with thiocyanate, acyl chloride and amine as raw materials, synthesis with carbon disulfide and amine as raw materials, synthesis with thiohydroxy transfer reagent and amine as raw materials, synthesis with substituted thiourea and amine as raw materials. Among them, the most popular industrial production process is the lime nitrogen production process, while other production processes have been eliminated one after another due to technical problems.

At present, the global production and consumption of thiourea are concentrated in China, of which China's output will reach 61,155 tons in 2024, accounting for 76.20% of the global market. At present, there are 8 major domestic companies with a production capacity of 5,000 tons, and some companies have a production capacity of even 20,000 tons, which has a leading advantage over other countries in the world. At the same time, China is also a major consumer of thiourea products, mainly because the production of thiourea dioxide is also concentrated in China. As the main synthetic raw material of thiourea dioxide, thiourea also has huge consumer demand in China.

From the perspective of product type and technology, the market size of industrial thiourea in 2024 will be US$113 million, accounting for 87.04% of the world, and is expected to reach US$210 million in 2031, when the global share will reach 86.41%.

Industrial-grade thiourea has a low concentration, a high impurity content, and relatively simple process requirements. As the main application in the chemical synthesis thiourea market, it is sufficient to meet current demand; however, with the development of technology and changes in demand, more and more industries require thiourea products with less impurities and higher purity. At the same time, these companies are relatively less sensitive to prices, so the market space for high-purity thiourea is gradually expanding. At the same time, companies in the industry also have the subjective desire to develop high-purity thiourea, which has a higher price and a higher gross profit margin.

According to the new market research report "Thiourea- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031", published by QYResearch, the global Thiourea market size is projected to reach USD 0.24 billion by 2031, at a CAGR of 7.7% during the forecast period.

We have put strong emphasis on significant dynamics of the global Thiourea market such as growth drivers, challenges, restraints, and trends and opportunities. In addition, the report specially focuses on the regional aspect of the global Thiourea market where different regions and countries are shed light upon. It shows how some regional markets are advancing in terms of growth while others are seeing a decline in their growth rate. All of the segments studied in the report are closely analyzed to explore their market growth, opportunities, prospects, and market potential.

Details of Thiourea Market Segmentation: -

Segment by Type:

Industrial Thiourea
High Purity Thiourea

Segment by Application:

Thiourea Dioxide
Gold Mine Flotation
Pharmaceutical Intermediates
Pesticide Intermediates
Electronics Industry
Others

Segment by Region:

North America
Europe
Asia Pacific
South America
Middle East and Africa

Key players of the global Thiourea market are profiled on the basis of various factors, which include recent developments, business strategies, financial strength, weaknesses, and main business. The report offers special assessment of top strategic moves of leading players such as merger and acquisition, collaboration, new product launch, and partnership.

Major Players

The detailed value chain analysis provided in the research study allows readers to have an extensive view of the global Thiourea market. In order to help readers to understand the competitive scenario of the global Thiourea market, the authors of the report provide the Porter's Five Forces analysis. All of the segments evaluated in the report are benchmarked on the basis of market attractiveness, growth rate, and market size. The report also offers a brilliant market attractiveness analysis from a global perspective.

Key Manufacturers Operating in the Global Thiourea Market are:

Yifengshenghua
GUIZHOU HONGKAI CHEMICAL
Zibo Haoyi Environmental Protection and Technology
Guizhou Redstar Developing
Shandong Xinke
Zaozhuang Yongli Chemical
LOUYANG LIDA CHEMICAL
Ningxia Danske

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Important Sections from Table of Contents

Report Overview: It provides a quick look at product and application segments of the global Thiourea market, major players, study objectives, years considered, and research scope.

Executive Summary: It provides an overview of the entire market research study and quick information on the global Thiourea market.

Marketing Strategy Analysis: It includes thorough analysis of downstream customers, distributors, and sales channels.

Market Influence Factors Analysis: It includes Porter's Five Forces Analysis of the global Thiourea market and an in-depth study on market risks, challenges, opportunities, and other dynamics.

Size Forecasts: The Thiourea report has analysed the industry based on the value and volume over the projected period. Other important parameters including price, capacity, cost, revenue, gross margin, sales revenue, and production are also looked into

Future Prospects: The Thiourea report sheds light on the lucrative business prospects that may prove promising for the players to make future investment

Trend Analysis: The readers will gain an insight into the upcoming trends and developments that may take place in the coming future

Market Size by Product and Application: It includes accurate market size forecasts for different product and application segments of the global Thiourea market.

Production by Regions: This section throws light on import and export scenarios, leading players, production value growth rate, and production growth rate of all regions included in the Thiourea report.

Competitive Analysis: The Thiourea report here discusses about the key strategic initiatives considered by the key players to sustain their hold. This analysis will surely help the competitors in planning their activities ahead.

Cost and Price Analysis: The authors of the report have taken into account almost all factors influencing the costing and pricing scenarios of the global Thiourea market.

Recommendations: Players can use the recommendations provided in the report to increase their competitiveness in the global Thiourea market.

Appendix: It covers a disclaimer, author details, data sources, research approach, and research methodology.

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