Thiourea Market Size & Share Analysis - Growth Trends And Forecast (2025 - 2032)

By Product Type;

Industrial Grade, Pharmaceutical Grade and Others

By Application;

Ore Leaching, Auxiliary Agent, Isomerization Catalyst, Additive, Metal Refinement and Others

By End-Use Industry;

Metallurgy Industry, Paper Industry, Chemical Industry and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2022 - 2032)
Report ID: Rn915239020 Published Date: January, 2026 Updated Date: February, 2026

Thiourea Market Overview

Thiourea Market (USD Million

Thiourea Market was valued at USD 289.75 million in the year 2025. The size of this market is expected to increase to USD 381.29 million by the year 2032, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.


Thiourea Market

*Market size in USD million

CAGR 4.0 %


Study Period2026 - 2032
Base Year2025
CAGR (%)4.0 %
Market Size (2025)USD 289.75 Million
Market Size (2032)USD 381.29 Million
Market ConcentrationHigh
Report Pages348
289.75
2025
381.29
2032

Major Players

  • Flexsys
  • Sanshin Chemical
  • Guizhou Hongkai Chemical
  • Shikoku Chemicals
  • Prism Sulfur
*Competitors List Not Exhaustive

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Thiourea Market

Fragmented - Highly competitive market without dominant players


Thiourea Market is expanding consistently, supported by its broad industrial applications and agricultural importance. Around 45% of overall demand originates from fertilizers and pesticides, where thiourea boosts productivity and ensures crop resilience. Its ability to provide effective outcomes at lower costs has solidified its place as a reliable chemical in multiple sectors.

Performance Benefits
Nearly 50% of applications emphasize thiourea’s stabilizing and processing advantages in textiles, photographic chemicals, and resins. Its ability to function under diverse industrial conditions gives it an edge over conventional substitutes, ensuring greater adoption in precision-driven operations.

Industrial Applications
Close to 40% of utilization is concentrated in rubber, dye, and plastics manufacturing, where thiourea’s role as a vulcanization accelerator and corrosion inhibitor ensures durability and longevity. These performance attributes make it indispensable for industries striving for cost-efficiency and quality.

Technological Integration
About 45% of new developments highlight thiourea’s role in pharmaceuticals and metallurgy, particularly in drug formulations and gold leaching. Its adaptability has broadened its scope beyond traditional uses, giving rise to advanced applications across high-value industries.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End-Use Industry
    4. Market Snapshot, By Region
  4. Thiourea Market Forces
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand in Agriculture
        2. Growing Applications in Pharmaceuticals
        3. Expansion in Industrial Applications
      2. Restraints
        1. Environmental Concerns
        2. Volatility in Raw Material Prices
        3. Substitute Products
      3. Opportunities
        1. Research and Development
        2. Emerging Economies
        3. Technological Advancements
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Thiourea Market, By Product Type, 2022 - 2032 (USD Million)
      1. Industrial Grade
      2. Pharmaceutical Grade
      3. Others
    2. Thiourea Market, By Application, 2022 - 2032 (USD Million)
      1. Ore Leaching
      2. Auxiliary Agent
      3. Isomerization Catalyst
      4. Additive
      5. Metal Refinement
      6. Others
    3. Thiourea Market, By End-Use Industry, 2022 - 2032 (USD Million)
      1. Metallurgy Industry
      2. Paper Industry
      3. Chemical Industry
      4. Others
    4. Thiourea Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Evonik Industries AG
      2. Arkema S.A.
      3. Lanxess AG
      4. Merck KGaA
      5. Jiangsu Liaoyuan Environmental Protection Technology Co., Ltd.
      6. Hebei Xingyu Chemical Co., Ltd.
      7. Guizhou Hongkai Chemical Co., Ltd.
      8. Henan Hongye Chemical Co., Ltd.
      9. Shanghai Huayi Group Corporation
      10. Shandong Xinhua Pharmaceutical Co., Ltd.
      11. Zhejiang Changxing Chemical Co., Ltd.
      12. Hubei Yihua Chemical Industry Co., Ltd.
      13. Nantong Jiangshan Agrochemical & Chemicals Co., Ltd.
      14. Eastman Chemical Company
      15. AlzChem Group AG
  7. Analyst Views
  8. Future Outlook of the Market