Global Sodium Methanethiolate Market Insights and Forecast to 2028

Sodium Methanethiolate has the appearance of a colorless and transparent liquid with a bad smell and a strong alkaline liquid. It can be used as a raw material for pesticides, medicines and dye intermediates, and an antidote to hydrogen sulfide poisoning. Sodium methyl mercaptan is the sodium salt of methyl mercaptan with the chemical formula CH3SNa. It can be oxidized by iodine to dimethyl disulfide (CH3SSCH3) and analyzed accordingly. Sodium methyl mercaptan reacts with sulfuric acid to form methyl mercaptan. Sodium methyl mercaptan can be used for the synthesis of pesticides and other chemicals.
Market Analysis and Insights: Global Sodium Methanethiolate Market
Due to the COVID-19 pandemic, the global Sodium Methanethiolate market size is estimated to be worth US$ 210.2 million in 2022 and is forecast to a readjusted size of US$ 261.4 million by 2028 with a CAGR of 3.7% during the review period. Fully considering the economic change by this health crisis, Liquid accounting for % of the Sodium Methanethiolate global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Agrochemical segment is altered to an % CAGR throughout this forecast period.
China produced most Sodium Methanethiolate in 2019, with a market share of 55.3%, followed by India 19.6%, United States 8.7% and Europe 7.1%.
Minyu Chemical, Arkema, and TCI Chemicals the Top 3 revenue share spots in the Sodium Methanethiolate market in 2019. Minyu Chemical, dominated with 9.37% revenue share, followed by Arkema with 9.3 % revenue share and TCI Chemicals with 7.8 % revenue share.
Liquid Sodium Methanethiolate was the most-select Sodium Methanethiolate in 2019, which was 93.86% of all types of products.
About 36.76% of Sodium Methanethiolate are applied for Agrochemical, the second and third largest market are dyestuff (approx.32.92%) and pharmaceuticals (30.31%) in 2019.
In terms of production side, this report researches the Sodium Methanethiolate capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Sodium Methanethiolate by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Sodium Methanethiolate Scope and Segment
Sodium Methanethiolate market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Sodium Methanethiolate market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Liquid
Solid
Segment by Application
Agrochemical
Pharmaceuticals
Dyestuff
By Company
Minyu Chemical
Arkema
TCI Chemicals
Chevron Phillips Chemical Company
Nanjing Jingyun Chemical
Ningxia Unisplendour Tianhua Methionine
Heze Hongchang Biological Technology
Nanjing Xiezun Pharmaceutical Technology
Binzhou Baoxiang Chemical
Hairui Chemical
Anhui Jin‘ao Chemical
DEYI Chemical Industry
Wuhan Sinxinjiali Bio-tech
Zhengzhou Alfachem
Shanghai Sonyuan Chemical
Production by Region
China
India
North America
Europe
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE