Thiourea Research:CAGR of 7.7% during the forecast period

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report “Thiourea- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”. Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global market for Thiourea was estimated to be worth US$ 120 million in 2024 and is forecast to a readjusted size of US$ 221 million by 2031 with a CAGR of 8.1% during the forecast period 2025-2031.

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https://www.qyresearch.com/reports/4669226/thiourea

Thiourea Market Summary

Thiourea, white, bright, bitter crystals, is soluble in cold water and ethanol, slightly soluble in ether, easily deliquescent in the air, and turns into ammonium thiocyanate at 150°C. It has reducing properties and can reduce free iodine to iodide ions. Thiourea is highly reactive and is used to prepare various compounds. It can react with a variety of oxidants to form organic compounds, and can also react with inorganic compounds to form easily soluble addition compounds. Thiourea also has a wide range of application prospects in petrochemicals and pharmaceutical chemicals. Many pharmaceutical molecules contain structural fragments of thiourea, and thiourea is also an important intermediate for the synthesis of heterocyclic compounds. For example, many oral hypoglycemic drugs and antithyroid drugs on the market currently belong to thiourea molecules. In addition, thiourea compounds have good insecticidal activity and are widely used in the field of pesticides.

According to the survey, there are many ways to produce thiourea, including synthesis with thiophosgene and amine as raw materials, synthesis with isothiocyanate and amine as raw materials, synthesis with thiocyanate, acyl chloride and amine as raw materials, synthesis with carbon disulfide and amine as raw materials, synthesis with thiohydroxy transfer reagent and amine as raw materials, synthesis with substituted thiourea and amine as raw materials. Among them, the most popular industrial production process is the lime nitrogen production process, while other production processes have been eliminated one after another due to technical problems.

At present, the global production and consumption of thiourea are concentrated in China, of which China's output will reach 61,155 tons in 2024, accounting for 76.20% of the global market. At present, there are 8 major domestic companies with a production capacity of 5,000 tons, and some companies have a production capacity of even 20,000 tons, which has a leading advantage over other countries in the world. At the same time, China is also a major consumer of thiourea products, mainly because the production of thiourea dioxide is also concentrated in China. As the main synthetic raw material of thiourea dioxide, thiourea also has huge consumer demand in China.

From the perspective of product type and technology, the market size of industrial thiourea in 2024 will be US$113 million, accounting for 87.04% of the world, and is expected to reach US$210 million in 2031, when the global share will reach 86.41%.

Industrial-grade thiourea has a low concentration, a high impurity content, and relatively simple process requirements. As the main application in the chemical synthesis thiourea market, it is sufficient to meet current demand; however, with the development of technology and changes in demand, more and more industries require thiourea products with less impurities and higher purity. At the same time, these companies are relatively less sensitive to prices, so the market space for high-purity thiourea is gradually expanding. At the same time, companies in the industry also have the subjective desire to develop high-purity thiourea, which has a higher price and a higher gross profit margin.

According to the new market research report “Global Thiourea Market Report 2025-2031”, published by QYResearch, the global Thiourea market size is projected to reach USD 0.24 billion by 2031, at a CAGR of 7.7% during the forecast period.

• Global Thiourea MarketSize(US$ Million), 2020-2031

Above data is based on report from QYResearch: Global Thiourea Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

• Global Thiourea Top8Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)

Above data is based on report from QYResearch: Global Thiourea Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

According to QYResearch Top Players Research Center, the global key manufacturers of Thiourea include Yifengshenghua, GUIZHOU HONGKAI CHEMICAL, etc. In 2024, the global top three players had a share approximately 49.0% in terms of revenue.

• Thiourea,Global Market Size, Split by Product Segment

Based on or includes research from QYResearch: Global Thiourea Market Report 2024-2030.

In terms of product type, currently Industrial Thiourea is the largest segment, hold a share of 87.0%.

• Thiourea,Global Market Size, Split by ApplicationSegment

Based on or includes research from QYResearch: Global Thiourea Market Report 2024-2030.

In terms of product application, currently Thiourea Dioxide is the largest segment, hold a share of 30.5%.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Thiourea market is segmented as below:

By Company

    Yifengshenghua
    GUIZHOU HONGKAI CHEMICAL
    Guizhou Redstar Developing
    Zibo Haoyi Environmental Protection and Technology
    Shandong Xinke
    LOUYANG LIDA CHEMICAL
    Ningxia Danske
    Zaozhuang Yongli Chemical

Segment by Type

    Industrial Thiourea
    High Purity Thiourea

Segment by Application

    Thiourea Dioxide
    Gold Mine Flotation
    Pharmaceutical Intermediates
    Pesticide Intermediates
    Electronics Industry
    Others

Each chapter of the report provides detailed information for readers to further understand the Thiourea market:

Chapter 1: Introduces the report scope of the Thiourea report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)

Chapter 2: Detailed analysis of Thiourea manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)

Chapter 3: Provides the analysis of various Thiourea market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)

Chapter 5:  Sales, revenue of Thiourea in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)

Chapter 6:  Sales, revenue of Thiourea in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.

Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Thiourea competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Thiourea comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Thiourea market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.

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QYResearch founded in California, USA in 2007, which is a leading global market research and consulting company. Our primary business include market research reports, custom reports, commissioned research, IPO consultancy, business plans, etc. With over 18 years of experience and a dedicated research team, we are well placed to provide useful information and data for your business, and we have established offices in 7 countries (include United States, Germany, Switzerland, Japan, Korea, China and India) and business partners in over 30 countries. We have provided industrial information services to more than 60,000 companies in over the world.

About Us：

QYResearch founded in California, USA in 2007, which is a leading global market research and consulting company. Our primary business include market research reports, custom reports, commissioned research, IPO consultancy, business plans, etc. With over 18 years of experience and a dedicated research team, we are well placed to provide useful information and data for your business, and we have established offices in 7 countries (include United States, Germany, Switzerland, Japan, Korea, China and India) and business partners in over 30 countries. We have provided industrial information services to more than 60,000 companies in over the world.