The global demand for Isopropyl Mercaptan Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Isopropyl mercaptan or 2-Propanethiol is a chemical compound with formula C3H8S. It is a white-colored liquid with a strong, egg-like odor. Isopropyl mercaptan is alkanethiol, found in Potato. It can be produced by chemical synthesis. The molecular weight of Isopropyl mercaptan is 76.16g/mole. Isopropyl mercaptan is used as a food additive and flavoring agent in spices, condiments, and seasoning. Isopropyl mercaptan is used in cleaning solutions, laundry products, detergents, and air fresheners as a flavoring agent or odorant. In automotive fuels, it is used as a fuel additive. Isopropyl mercaptan is used in the agricultural industry in manufacturing fertilizers, pesticides, and other agrochemicals. It is also used as a natural gas odorant in the oil and gas industries.
Isopropyl mercaptan is widely applicable in various industrial sectors such as food & beverages, agrochemicals, cleaning chemicals, and disinfectant, automotive, and oil & gas. The main factors that are positively impacting the global isopropyl mercaptan market include the growing food and beverage industry and rising agricultural sector. Increasing demand for Isopropyl mercaptan in cleaners, air fresheners, and detergents is further contributing to the market. During the Covid-19 pandemic, the market is expected to grow as the demand for cleaning solutions and laundry products is inclined to increased awareness about cleanliness and hygiene.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of isopropyl mercaptan.
The entire isopropyl mercaptan market has been sub-categorized into application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Food and Nutrition
- Gas Odorant
- Flavor and Fragrance
This section covers regional segmentation which accentuates on current and future demand for isopropyl mercaptan market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Isopropyl Mercaptan Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the isopropyl mercaptan market include Chevron, Tokyo Chemical Industry, Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.