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

By Product Type;

Industrial Grade, Pharmaceutical Grade, and Other.

By Application;

Ore Leaching, Auxiliary agent, Isomerization Catalyst, Additive, Metal Refinement, and Others.

By End-Use;

Metallurgy Industry, Paper Industry, Chemical Industry, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn915239020 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Thiourea Market (USD Million), 2021 - 2031

In the year 2024, the Global Thiourea Market was valued at USD 278.61 million. The size of this market is expected to increase to USD 366.63 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.

The global thiourea market is a niche segment within the broader chemicals industry, characterized by its diverse applications across various sectors. Thiourea, a sulfur-containing compound with the chemical formula (NH₂)₂CS, finds extensive use in agriculture, textiles, pharmaceuticals, and metallurgy. Its versatility stems from its ability to act as a reducing agent, complexing agent, and as a raw material for the synthesis of various organic compounds.

In agriculture, thiourea is utilized primarily as a fertilizer additive, enhancing plant growth and crop yields, especially in nitrogen-deficient soils. In the textile industry, it serves as a component in dyeing processes, imparting color to fabrics and improving dye fastness. Moreover, thiourea's applications extend to the pharmaceutical sector, where it is employed in the synthesis of drugs and as a reagent in analytical chemistry. Its role in metallurgy is crucial, particularly in gold and silver extraction processes, where it facilitates the dissolution of these metals from ores.

Market dynamics for thiourea are influenced by its demand across these sectors, with Asia-Pacific emerging as a prominent consumer region due to its robust industrial growth and agricultural practices. Regulatory considerations regarding environmental impact and handling safety also shape market trends, prompting continuous innovation in production processes and applications to align with sustainable practices and regulatory standards. As global industries evolve, the thiourea market continues to adapt, driven by technological advancements and shifting consumer preferences towards more eco-friendly and efficient solutions.

  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 End-Use
    4. Market Snapshot, By Region
  4. Global Thiourea Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand in Agriculture
        2. Growing Applications in Pharmaceuticals
        3. Expansion in Industrial Applications
      2. Restraints
        1. Environmental Concerns
        2. Volatility in Raw Material Prices
        3. Substitute Products
      3. Opportunities
        1. Research and Development
        2. Emerging Economies
        3. Technological Advancements
    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 Thiourea Market, By Product Type, 2021 - 2031 (USD Million)
      1. Industrial Grade
      2. Pharmaceutical Grade
      3. Other
    2. Global Thiourea Market, By Application, 2021 - 2031 (USD Million)
      1. Ore Leaching
      2. Auxiliary agent
      3. Isomerization Catalyst
      4. Additive, Metal Refinement
      5. Others
    3. Global Thiourea Market, By End-Use, 2021 - 2031 (USD Million)
      1. Metallurgy Industry
      2. Paper Industry
      3. Chemical Industry
      4. Others
    4. Global Thiourea 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 (Association of South East Asian Countries)
        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. Flexsys
      2. Sanshin Chemical
      3. Guizhou Hongkai Chemical
      4. Shikoku Chemicals
      5. Prism Sulfur
  7. Analyst Views
  8. Future Outlook of the Market