Global Tertio Butyl Mercaptan (TBM) Market Growth 2026-2032
Description
The global Tertio Butyl Mercaptan (TBM) market size is predicted to grow from US$ 250 million in 2025 to US$ 327 million in 2032; it is expected to grow at a CAGR of 4.2% from 2026 to 2032.
Tertio Butyl Mercaptan (TBM) is an organic compound with the chemical formula C4H9SH. TBM is a thiol compound with a strong foul odor. It is often used as an odorizer, added to colorless and odorless gas (such as natural gas and liquefied petroleum gas), so that gas leaks or failures can be detected in time. In addition, TBM can also be used as a reagent or catalyst precursor in chemical synthesis reactions. It can participate in a series of organic synthesis reactions, such as nucleophilic substitution reactions, sulfidation reactions, etc.In 2024, global Tertio Butyl Mercaptan (TBM) production reached approximately 109 K MT, with an average global market price of around US$ 2351 per MT.
The tert-butyl mercaptan (TBM) market is driven primarily by its role as a gas odorant/blendstock for natural gas and LPG/propane: odorization is a safety-critical requirement for distribution networks, so demand tracks gas grid expansion and renewal (new connections, replacement of aging mains, urbanization), plus higher scrutiny on leak detection and tighter operating procedures that increase the consistency (and sometimes the dosage management) of odorant injection. TBM demand is also supported by its use as a chemical intermediate in certain specialty syntheses (including some agrichemical and specialty chemical pathways), but the largest and most stable pull typically comes from the regulated “energy safety” end-use where odorants are non-discretionary.
Upstream, TBM supply is closely linked to C4 petrochemical streams and sulfur chemistry: it is commonly produced by reacting isobutylene (or tert-butanol-derived isobutylene) with hydrogen sulfide, using acid/catalyst systems, followed by purification and distribution in tight, odor-controlled logistics. As a result, TBM costs and availability are influenced by the isobutylene market (which competes with gasoline alkylate, butyl rubber, MTBE/ETBE and other C4 derivatives), refinery/steam cracker operating rates, and hydrogen sulfide/sulfur recovery dynamics tied to refining and gas processing; downstream odorant formulators also rely on upstream supply of other organosulfur components used in blends (and the associated blending, QA, and hazardous transport/packaging infrastructure).
TBM producers typically operate at specialty-chemical gross margin levels (often mid-teens to high-20% gross margin), with higher margins more likely for integrated producers selling formulated odorant blends and lower margins during feedstock volatility or when C4/sulfur input costs move faster than price pass-through.
LP Information, Inc. (LPI) ' newest research report, the “Tertio Butyl Mercaptan (TBM) Industry Forecast” looks at past sales and reviews total world Tertio Butyl Mercaptan (TBM) sales in 2025, providing a comprehensive analysis by region and market sector of projected Tertio Butyl Mercaptan (TBM) sales for 2026 through 2032. With Tertio Butyl Mercaptan (TBM) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tertio Butyl Mercaptan (TBM) industry.
This Insight Report provides a comprehensive analysis of the global Tertio Butyl Mercaptan (TBM) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Tertio Butyl Mercaptan (TBM) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Tertio Butyl Mercaptan (TBM) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tertio Butyl Mercaptan (TBM) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Tertio Butyl Mercaptan (TBM).
This report presents a comprehensive overview, market shares, and growth opportunities of Tertio Butyl Mercaptan (TBM) market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Purity Below 99%
Purity Above 99%
Segmentation by Feature:
Thiourea Process
Addition Process
Segmentation by Channel:
Direct Selling
Distribution
Segmentation by Application:
Gas Odorant
Agrochemical
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Arkema
Chevron Phillips Chemical
Guanfu
Shida Shenghua Chemical
Qixiang Tengda
Key Questions Addressed in this Report
What is the 10-year outlook for the global Tertio Butyl Mercaptan (TBM) market?
What factors are driving Tertio Butyl Mercaptan (TBM) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Tertio Butyl Mercaptan (TBM) market opportunities vary by end market size?
How does Tertio Butyl Mercaptan (TBM) break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Tertio Butyl Mercaptan (TBM) is an organic compound with the chemical formula C4H9SH. TBM is a thiol compound with a strong foul odor. It is often used as an odorizer, added to colorless and odorless gas (such as natural gas and liquefied petroleum gas), so that gas leaks or failures can be detected in time. In addition, TBM can also be used as a reagent or catalyst precursor in chemical synthesis reactions. It can participate in a series of organic synthesis reactions, such as nucleophilic substitution reactions, sulfidation reactions, etc.In 2024, global Tertio Butyl Mercaptan (TBM) production reached approximately 109 K MT, with an average global market price of around US$ 2351 per MT.
The tert-butyl mercaptan (TBM) market is driven primarily by its role as a gas odorant/blendstock for natural gas and LPG/propane: odorization is a safety-critical requirement for distribution networks, so demand tracks gas grid expansion and renewal (new connections, replacement of aging mains, urbanization), plus higher scrutiny on leak detection and tighter operating procedures that increase the consistency (and sometimes the dosage management) of odorant injection. TBM demand is also supported by its use as a chemical intermediate in certain specialty syntheses (including some agrichemical and specialty chemical pathways), but the largest and most stable pull typically comes from the regulated “energy safety” end-use where odorants are non-discretionary.
Upstream, TBM supply is closely linked to C4 petrochemical streams and sulfur chemistry: it is commonly produced by reacting isobutylene (or tert-butanol-derived isobutylene) with hydrogen sulfide, using acid/catalyst systems, followed by purification and distribution in tight, odor-controlled logistics. As a result, TBM costs and availability are influenced by the isobutylene market (which competes with gasoline alkylate, butyl rubber, MTBE/ETBE and other C4 derivatives), refinery/steam cracker operating rates, and hydrogen sulfide/sulfur recovery dynamics tied to refining and gas processing; downstream odorant formulators also rely on upstream supply of other organosulfur components used in blends (and the associated blending, QA, and hazardous transport/packaging infrastructure).
TBM producers typically operate at specialty-chemical gross margin levels (often mid-teens to high-20% gross margin), with higher margins more likely for integrated producers selling formulated odorant blends and lower margins during feedstock volatility or when C4/sulfur input costs move faster than price pass-through.
LP Information, Inc. (LPI) ' newest research report, the “Tertio Butyl Mercaptan (TBM) Industry Forecast” looks at past sales and reviews total world Tertio Butyl Mercaptan (TBM) sales in 2025, providing a comprehensive analysis by region and market sector of projected Tertio Butyl Mercaptan (TBM) sales for 2026 through 2032. With Tertio Butyl Mercaptan (TBM) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tertio Butyl Mercaptan (TBM) industry.
This Insight Report provides a comprehensive analysis of the global Tertio Butyl Mercaptan (TBM) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Tertio Butyl Mercaptan (TBM) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Tertio Butyl Mercaptan (TBM) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tertio Butyl Mercaptan (TBM) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Tertio Butyl Mercaptan (TBM).
This report presents a comprehensive overview, market shares, and growth opportunities of Tertio Butyl Mercaptan (TBM) market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Purity Below 99%
Purity Above 99%
Segmentation by Feature:
Thiourea Process
Addition Process
Segmentation by Channel:
Direct Selling
Distribution
Segmentation by Application:
Gas Odorant
Agrochemical
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Arkema
Chevron Phillips Chemical
Guanfu
Shida Shenghua Chemical
Qixiang Tengda
Key Questions Addressed in this Report
What is the 10-year outlook for the global Tertio Butyl Mercaptan (TBM) market?
What factors are driving Tertio Butyl Mercaptan (TBM) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Tertio Butyl Mercaptan (TBM) market opportunities vary by end market size?
How does Tertio Butyl Mercaptan (TBM) break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
85 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Tertio Butyl Mercaptan (TBM) by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Tertio Butyl Mercaptan (TBM) by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
