Global Thiodiglycol Market - by Application (Additive), by End Use Industry (Textile, Rubber, Pharmaceutical), and by Region - Forecast till 2023
Pune, India -- (SBWIRE) -- 07/12/2017 -- 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.
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. It is the raw material for anti-aging agent, antioxidant, etc.
The global thiodiglycol market is majorly segmented on the basis of 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. Among all applications thiodiglycolis highly used as dyestuffs and antioxidant.
Based on end user the market segmented into textile, rubber, pharmaceutical, agriculture, and other.
Based on region market is segmented into North America, Europe, APAC, Latin America, and Middle East & Africa.
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Study Objective of Thiodiglycol Market
To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the Global Thiodiglycol Market
To understand the supply and demand dynamics including supply and consumption concentration mapping
To provide region level market analysis and future outlook for North America, Europe, Asia, and Rest of the World (ROW) and their countries
To provide competitor positioning of the market
To provide company profiling of major players in the market along with their production and capacity
To provide regional trade analysis
To evaluate historical market trends, patents and technologies, and current government regulatory requirements that are relevant to the market
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Key players of the global Thiodiglycol market are:
-BASF SE (Germany)
-MAOMING YUNLONG INDUSTRIAL DEVELOPMENT CO., LTD. (China)
-SONGWON (South Korea)
-Huntsman International LLC (US)
-The Dow Chemical Company (US)
-Eastman Chemical Company (US)
-Traders and distributors of Thiodiglycol
-Production Process industries
-Raw material suppliers
Regional Analysis of Thiodiglycol Market:
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. Moreover, Latin America and Middle East also observed in growth of Thiodiglycol market due to various application such as additive, solvents, paints & coating, dyestuffs, pesticides, antioxidant, and others.