Thiourea Market to Grow Swiftly Owing to Increased Demand From Agriculture, Pharmaceutical & Mining Sector Till 2022 | Million Insights - Seite 2

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North America and Europe are also estimated to have a positive influence on future growth. North America is the second largest region with significant market share. The reason could be the rise in paper production and the presence of key pharmaceutical industries. The United States is a major consumer of thiourea in this region. However, Europe is estimated to grow at the highest CAGR in the forecast period. The key players of the thiourea market are Guizhou Hongkai Chemical, Sanshin Chemical Industry Limited, Yantai Dasteck Chemicals Co.Ltd., Zhejiang Rayfull Chemicals Co., Ltd., and Shandong Efirm Biochemistry and Environmental Protection Co., Ltd. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.

Market Segment: 

• Key Applications: 
  • Pharmaceuticals
  • Fine Chemicals
  • Dyestuff
  • Agrochemicals
  • Rubber & Resin
  • Mining

• Key Regions: 
  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South America

• Key Vendors: 
  • Efirm
  • AlzChem AG
  • ChemChina
  • Wanfeng
  • Shandong Xinke
  • Weifang Ruimin
  • Harvest Star
  • Luoyang Lida
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• Key Questions Answered in this Report: 
  • What will the market size be in 2022?
  • What are the key factors driving the global thiourea market?
  • What are the challenges to market growth?
  • Who are the key players in the thiourea market?
  • What are the market opportunities and threats faced by the key players?

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