Vishal Gupta28 Jan, 2025Technology
The global thiochemicals market size reached USD 1,145.1 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,703.5 Million by 2033, exhibiting a growth rate (CAGR) of 4.51% during 2025-2033. The growing role in wastewater treatment, increasing applications in the production of various drugs and active pharmaceutical ingredients (APIs), and rising use in personal care products, particularly in hair removal and hair treatment formulations, are some of the factors driving the market demand.
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