Thiourea Market Key Players, Trends, Growth Opportunities and
Industry Forecast till 2022
“The factors that are playing a major role in the growth of
thiourea market are the high demand from the mining
industry and the growing application in agriculture and
pharmaceutical industry.”
Global thiourea market is expected to grow at a significant CAGR in the upcoming period as the scope and its
applications are rising enormously across the globe. Thiourea is an organosulfur compound also termed as
thiocarbamide that resembles urea but contains sulfur instead of oxygen. It is a colorless, crystalline, water-
soluble solid with a molecular formula is CS(NH2)2. It is exclusively used to accelerate the vulcanization of
rubber, photography, and inorganic synthesis.
The factors that are playing a major role in the growth of thiourea market are the high demand from the mining
industry and the growing application in agriculture and pharmaceutical industry. However, its toxic nature may
restrain overall market growth in the years to come. Thiourea market is segmented based on application, end-
user, and region. Metal cleaning, ore leaching, metal refinement, auxiliary agent, additive, isomerization
catalyst, and other applications could be explored in thiourea in the forecast period.
The market may be categorized based on end-users like paper, textile, chemical, pharmaceuticals, rubber,
agriculture, mining industry, and others could be explored in thiourea in the forecast period. Agriculture sector
accounted for the substantial market share of thiourea and is estimated to lead the overall market in the years
to come. The reason could be the rising demand as an effective pesticide for crop protection and boost crop
productivity.
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