Global Thioglycolate Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Ammonium thioglycolate , Calcium Thioglycolate, Sodium Thioglycolate, Butyl Thioglycolate and Potassium Thioglycolate.

By Application;

Hair care and cosmetic product, Chemical Intermediate, Pharmaceuticals, Oil and Gas, Leather, Mining and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn643752964 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Thioglycolate Market (USD Million), 2021 - 2031

In the year 2024, the Global Thioglycolate Market was valued at USD 282.36 million. The size of this market is expected to increase to USD 369.08 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.9%.

The global thioglycolate market is characterized by its role in various industrial and consumer applications, primarily due to the versatile chemical properties of thioglycolic acid and its salts. Thioglycolates, including thioglycolic acid and its derivatives, are predominantly used in the cosmetic industry as a reducing agent in hair perming products. They facilitate the breakage and reformation of disulfide bonds in hair, enabling the creation of desired curls or straightening effects.

In addition to their use in cosmetics, thioglycolates find application in the textile industry for dyeing and in the pharmaceutical industry for producing specific drugs. The demand for thioglycolates in these sectors is influenced by trends in personal grooming, textile processing advancements, and pharmaceutical developments.

The market for thioglycolates is also driven by growing consumer awareness about personal care products and advancements in formulation technology. Moreover, regulatory standards and environmental concerns are shaping the market dynamics, with an emphasis on developing eco-friendly and safer alternatives. The global thioglycolate market is expected to experience steady growth as industries adapt to evolving consumer preferences and regulatory requirements.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Thioglycolate Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Personal care
        2. Textile industry
        3. Pharmaceuticals
      2. Restraints
        1. Regulatory challenges
        2. Environmental concerns
        3. Safety issues
      3. Opportunities
        1. Innovative formulations
        2. Emerging markets
        3. Eco-friendly products
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Thioglycolate Market, By Product Type, 2021 - 2031 (USD Million)
      1. Ammonium thioglycolate
      2. Calcium Thioglycolate
      3. Sodium Thioglycolate
      4. Butyl Thioglycolate
      5. Potassium Thioglycolate
    2. Global Thioglycolate Market, By Application, 2021 - 2031 (USD Million)
      1. Hair care and cosmetic product
      2. Chemical Intermediate
      3. Pharmaceuticals
      4. Oil and Gas
      5. Leather
      6. Mining
      7. Others
    3. Global Thioglycolate Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Advanced Technology & Industrial Co. Ltd
      2. American International Chemical Inc
      3. Haihang Industry Co. Ltd.
      4. ICC Chemical Corporation
      5. Neostar United Industrial Co. Ltd.
      6. Triveni Chemicals
      7. Haihang Industry Co. Ltd
      8. CellMark Chemicals
      9. AN Pharma Tech Co. Ltd
      10. Arkema
      11. Alfa Aesar
      12. Alpha Chemika
      13. BRUNO BOCK
      14. Merck
  7. Analyst Views
  8. Future Outlook of the Market