Thiodiglycol Market Overview, Current Scenario, Industry News, Size, Share, Future Trend, Forecast to 2023

Market and Industry Analytics

Thiodiglycol Market Overview, Current Scenario, Industry News, Size, Share, Future Trend, Forecast to 2023

Press Release

Market Overview:

Thiodiglycol (TDE), also known as Thiobis Ethanol, bis(2-hydroxyethyl)sulfide, and2, 2-thiodiethanol, represent by the linear formula C4H10O2S, or S(CH2 CH2OH )2. Thiodiglycol is a transparent, volatile, flammable, and clear to pale-yellow liquid. Thiodiglycol is produced by reaction of 2-chloroethanol with sodium sulfide. Thiodiglycol used as solvent in various industry ranging from dyeing textiles to inks in some ballpoint pens, it is soluble in benzene, ether, and tetrachloromethane, it is also miscible with acetone, alcohols, and chloroform.

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Thiodiglycol has various applications such as additive, solvents, paints & coating, dyestuffs, pesticides, antioxidant, and others. On the other hand, it is also used as a precursor to the sulfur mustard family of chemical weapons. In addition, thiodiglycol is mainly used as, additives, solvents, and intermediates for organic synthesis.

Segmentation Analysis:

The global thiodiglycol market is majorly segmented based on application, end users and region. Based on application of thiodiglycol the market is segmented into as additive, solvents, paints & coating, dyestuffs, pesticides, antioxidant, and others.

Key Players and Competition Analysis:

Key players of the global Thiodiglycol market are

  • BASF SE (Germany)
  • MAOMING YUNLONG INDUSTRIAL DEVELOPMENT CO., LTD. (China)
  • SONGWON (South Korea)
  • LANXESS (Germany)
  • Huntsman International LLC (US)
  • The Dow Chemical Company (US)
  • Eastman Chemical Company (US)

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Among all applications thiodiglycol is highly used as dyestuffs and antioxidant. On the other hand, based on end user the market segmented into textile, rubber, pharmaceutical, agriculture, and other, and based on region market is segmented into North America, Europe, APAC, Latin America, and Middle East & Africa.

Regional Analysis:

Asia Pacific is the largest market of thiodiglycol due to widely utilization as a solvent for dyes in textile industry, especially in China region. On the other hand, increasing demand for agrochemical industry in China, India, Japan, Taiwan, and South Korea has made Asia Pacific largest consumer of the global thiodiglycol market followed by increasing in the consumption of thiodiglycol market in North America region.

In North America region, Thiodiglycol market is driven by agricultural, pharmaceutical, rubber, and others industry. In-addition, the third largest market of thiodiglycol is Europe region due to large consumption in agriculture and pharmaceutical industry.

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TABLE OF CONTENTS:

1 Executive Summary

2 Scope Of the Report

2.1 Market Definition

2.2 Scope of The Study

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

4 Market Landscape

4.1 Five Forces Analysis

4.1.1 Threat Of New Entrants

4.1.2 Bargaining Power Of Buyers

5 Industry Overview Of Global Thiodiglycol Market

5.1 Introduction

5.2 Growth Drivers

To Be Continue……

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