THIOCHEMICALS MARKET TO EXPAND AT A 4.45% CAGR:

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THIOCHEMICALS MARKET TO EXPAND AT A 4.45% CAGR: KEY INDUSTRY INSIGHTS

Introduction

The Thiochemicals Market is experiencing steady growth driven by the increasing adoption of thiochemical-based solutions across various industrial verticals including animal nutrition, oil & gas, agrochemicals, and specialty polymers. Valued at USD 1.10 billion in 2024, the market is projected to grow at a CAGR of 4.45% through 2030, as per TechSci Research. With applications ranging from hydrodesulfurization in fuels to amino acid synthesis for animal feed, thiochemicals are integral to environmental compliance and industrial productivity.

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