Global Thiourea Supply, Demand and Key Producers, 2026-2032
Description
The global Thiourea market size is expected to reach $ 242 million by 2032, rising at a market growth of 7.9% CAGR during the forecast period (2026-2032).
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 investigation, 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 gradually eliminated due to technical problems.
The core producers of Thiourea in the world include Yifengshenghua, GUIZHOU HONGKAI CHEMICAL and Zibo Haoyi Environmental Protection and Technology, and the top three manufacturers account for about 58%. Yifengshenghua ranks first with a market share of about 30%. China is the largest market with a share of more than 46%, followed by Europe and North America with a market share of about 25% and 14%. In terms of product type, Industrial Thiourea accounted for the largest share of the overall market at more than 88%. In terms of product application, Thiourea Dioxide accounts for the largest share of the overall market at around 32%.At the regional level, the Chinese market has changed rapidly in the past few years. The market size in 2024 is US$57 million, accounting for 48.10% of the world. It is expected to reach US$116 million in 2031, and the global share will reach 52.49%.
At present, the global production and consumption of thiourea are concentrated in China, of which China's output will reach 64,048 tons in 2024, accounting for 85.79% 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 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.
In terms of product type and technology, the market size of industrial thiourea in 2024 is US$104 million, accounting for 86.67% of the world. It is expected to reach US$190 million in 2031, and the global share will reach 85.96%.
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 fewer impurities and higher purity. At the same time, these companies are relatively less sensitive to price, 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.
From the perspective of product market application, the market size of thiourea dioxide in 2024 will be US$36 million, accounting for 30.41% of the world, and is expected to reach US$69 million in 2031, when the global share will reach 31.31%.
Thiourea dioxide is the main application direction of the product at present, and will continue to occupy a major position for some time to come, but the industry is mature and growing slowly, bringing a relatively slow growth rate to the industry. Other emerging industries such as the electronic pharmaceutical industry have brought faster growth momentum to the product.
This report studies the global Thiourea production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Thiourea and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Thiourea that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Thiourea total production and demand, 2021-2032, (Tons)
Global Thiourea total production value, 2021-2032, (USD Million)
Global Thiourea production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Tons), (based on production site)
Global Thiourea consumption by region & country, CAGR, 2021-2032 & (Tons)
U.S. VS China: Thiourea domestic production, consumption, key domestic manufacturers and share
Global Thiourea production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Tons)
Global Thiourea production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Tons)
Global Thiourea production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Tons)
This report profiles key players in the global Thiourea market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Yifengshenghua, GUIZHOU HONGKAI CHEMICAL, Guizhou Redstar Developing, Zibo Haoyi Environmental Protection and Technology, Shandong Xinke, LOUYANG LIDA CHEMICAL, Ningxia Danske, Zaozhuang Yongli Chemical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Thiourea market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Thiourea Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Thiourea Market, Segmentation by Type:
Industrial Thiourea
High Purity Thiourea
Global Thiourea Market, Segmentation by Application:
Thiourea Dioxide
Gold Mine Flotation
Pharmaceutical Intermediates
Pesticide Intermediates
Electronics Industry
Others
Companies Profiled:
Yifengshenghua
GUIZHOU HONGKAI CHEMICAL
Guizhou Redstar Developing
Zibo Haoyi Environmental Protection and Technology
Shandong Xinke
LOUYANG LIDA CHEMICAL
Ningxia Danske
Zaozhuang Yongli Chemical
Key Questions Answered:
1. How big is the global Thiourea market?
2. What is the demand of the global Thiourea market?
3. What is the year over year growth of the global Thiourea market?
4. What is the production and production value of the global Thiourea market?
5. Who are the key producers in the global Thiourea market?
6. What are the growth factors driving the market demand?
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 investigation, 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 gradually eliminated due to technical problems.
The core producers of Thiourea in the world include Yifengshenghua, GUIZHOU HONGKAI CHEMICAL and Zibo Haoyi Environmental Protection and Technology, and the top three manufacturers account for about 58%. Yifengshenghua ranks first with a market share of about 30%. China is the largest market with a share of more than 46%, followed by Europe and North America with a market share of about 25% and 14%. In terms of product type, Industrial Thiourea accounted for the largest share of the overall market at more than 88%. In terms of product application, Thiourea Dioxide accounts for the largest share of the overall market at around 32%.At the regional level, the Chinese market has changed rapidly in the past few years. The market size in 2024 is US$57 million, accounting for 48.10% of the world. It is expected to reach US$116 million in 2031, and the global share will reach 52.49%.
At present, the global production and consumption of thiourea are concentrated in China, of which China's output will reach 64,048 tons in 2024, accounting for 85.79% 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 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.
In terms of product type and technology, the market size of industrial thiourea in 2024 is US$104 million, accounting for 86.67% of the world. It is expected to reach US$190 million in 2031, and the global share will reach 85.96%.
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 fewer impurities and higher purity. At the same time, these companies are relatively less sensitive to price, 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.
From the perspective of product market application, the market size of thiourea dioxide in 2024 will be US$36 million, accounting for 30.41% of the world, and is expected to reach US$69 million in 2031, when the global share will reach 31.31%.
Thiourea dioxide is the main application direction of the product at present, and will continue to occupy a major position for some time to come, but the industry is mature and growing slowly, bringing a relatively slow growth rate to the industry. Other emerging industries such as the electronic pharmaceutical industry have brought faster growth momentum to the product.
This report studies the global Thiourea production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Thiourea and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Thiourea that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Thiourea total production and demand, 2021-2032, (Tons)
Global Thiourea total production value, 2021-2032, (USD Million)
Global Thiourea production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Tons), (based on production site)
Global Thiourea consumption by region & country, CAGR, 2021-2032 & (Tons)
U.S. VS China: Thiourea domestic production, consumption, key domestic manufacturers and share
Global Thiourea production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Tons)
Global Thiourea production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Tons)
Global Thiourea production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Tons)
This report profiles key players in the global Thiourea market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Yifengshenghua, GUIZHOU HONGKAI CHEMICAL, Guizhou Redstar Developing, Zibo Haoyi Environmental Protection and Technology, Shandong Xinke, LOUYANG LIDA CHEMICAL, Ningxia Danske, Zaozhuang Yongli Chemical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Thiourea market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Thiourea Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Thiourea Market, Segmentation by Type:
Industrial Thiourea
High Purity Thiourea
Global Thiourea Market, Segmentation by Application:
Thiourea Dioxide
Gold Mine Flotation
Pharmaceutical Intermediates
Pesticide Intermediates
Electronics Industry
Others
Companies Profiled:
Yifengshenghua
GUIZHOU HONGKAI CHEMICAL
Guizhou Redstar Developing
Zibo Haoyi Environmental Protection and Technology
Shandong Xinke
LOUYANG LIDA CHEMICAL
Ningxia Danske
Zaozhuang Yongli Chemical
Key Questions Answered:
1. How big is the global Thiourea market?
2. What is the demand of the global Thiourea market?
3. What is the year over year growth of the global Thiourea market?
4. What is the production and production value of the global Thiourea market?
5. Who are the key producers in the global Thiourea market?
6. What are the growth factors driving the market demand?
Table of Contents
104 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
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