Global Thiobenzoic Acid Market Insights, Forecast to 2028

Thiobenzoic acid is a chemical substance with the molecular formula C7H6OS. Often used in the synthesis of medicines or pesticides
Market Analysis and Insights: Global Thiobenzoic Acid Market
Due to the COVID-19 pandemic, the global Thiobenzoic Acid market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, 90% Purity accounting for % of the Thiobenzoic Acid global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Medicine segment is altered to an % CAGR throughout this forecast period.
China Thiobenzoic Acid market size is valued at US$ million in 2021, while the US and Europe Thiobenzoic Acid are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Thiobenzoic Acid landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Thiobenzoic Acid include TCI, Asahi Chemical, FUJIFILM Wako Pure Chemical Corporation, Merck and SynQuest Laboratories, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Thiobenzoic Acid 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 Thiobenzoic Acid by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Thiobenzoic Acid Scope and Segment
Thiobenzoic Acid market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Thiobenzoic Acid 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
90% Purity
93% Purity
97% Purity
Others
Segment by Application
Medicine
Pesticide
Others
By Company
TCI
Asahi Chemical
FUJIFILM Wako Pure Chemical Corporation
Merck
SynQuest Laboratories
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE