The global Sodium Methanethiolate market was valued at 176.74 Million USD in 2021 and will grow with a CAGR of 3.84% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.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.

By Market Verdors:

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

By Types:

Liquid

Solid

By Applications:

Agrochemical

Pharmaceuticals

Dyestuff

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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