Ethyl Mercaptan Market Size, Share, Statistics, Growth Trend Analysis and Forecast Report, 2021 - 2028

Ethyl Mercaptan Market is segmented By Product (Ethanol (or Ethylene), Ethyl Chloride, Anhydrous Ethanol, and Others), By Application (Pesticide Intermediates, Warning Agents, and Others), and Region (United States, Canada, Mexico, South America, France, Germany, Italy, Spain, United Kingdom, Russia, China, India, Philippines, Malaysia, Australia, Austria, South Korea, Middle East, Japan, South Africa, Rest of World)

  • Report ID : MD2693
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  • Pages : 120
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  • Tables : 60
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  • Formats :

Ethyl Mercaptan Market size was estimated at $XX billion in 2020 and is expected to reach $XX billion by 2028, growing at a CAGR of XX% during the forecast period of 2021 to 2028.

Ethyl Mercaptan Market
Ethyl mercaptan, also known as ethanethiol or stench, is a colourless or yellowish liquid or a gas with a skunk-like, garlic, or pungent smell. It is used as an additive to odourless gases like butane, propane, and petroleum to give them a warning odour such as a warning of gas leakage when added to LPG gas. Ethylene reacts with hydrogen sulfide over an acidic solid catalyst such as alumina to produce ethyl mercaptan or ethanethiol. The catalyst can vary with different varieties of ethyl mercaptan producers.

Ethyl mercaptan has a strong odour that a human can detect even minute concentrations. The threshold for humans to detect ethyl mercaptan is far less and is approximately close to one part in 2.8 billion parts of air. Ethyl mercaptan is used in various industries such as chemical manufacturing and pharmaceutical industries. Some of the applications of ethyl mercaptan include pesticide intermediates, warning agents, and others. These factors are compelling the rapid growth of the ethyl mercaptan market.

Ethyl Mercaptan Market Growth and Trend
The growing usage of ethyl mercaptan in various end-use industries is significantly driving the growth of the global ethyl mercaptan market. The advantages of the ethyl mercaptan chemical have influenced many industries to adopt the chemical compound. Ethyl mercaptan is used as an intermediate and starting material in manufacturing plastic, pesticides, insecticides, and anti-oxidants. Moreover, the chemical is used as a warning agent in various industries. All these factors are anticipating the growth of the ethyl mercaptan market at a rapid pace.

The underground mining industry refers to ethyl mercaptan as stench gas as the gas is released into the mine ventilation system to alert mine workers with its strong-odour causing chemicals in case of an emergency. Therefore, the wide usage of the stench or ethyl mercaptan in various industries anticipated significant growth in the global ethyl mercaptan market. However, overexposure to ethyl mercaptan causes serious illness and can damage the liver and kidneys as this strong odour-causing chemical is toxic at higher concentrations. It may hamper the growth of the ethyl mercaptan market to a certain extent.

The covid19 pandemic adversely affected many countries resulting in the global economic slowdown. Governments of major economies imparted partial or complete lockdown in specific geographies. So, the manufacturing industries suspended their production of ethyl mercaptan temporarily due to the unavailability of raw material and labour. The impact of the lockdown on these industries can negatively impact the ethyl mercaptan market during the pandemic.

Ethyl Mercaptan Market Segmentation
The ethyl mercaptan market is segmented by product and application. Based on product, the market consists of Ethanol or Ethylene method, Ethyl Chloride method, Anhydrous Ethanol method, and others. The Ethanol method is largely used in the manufacture of fungicides, pharmaceuticals, and other chemicals. The wide usage of the Ethanol method segment is helping the ethyl mercaptan market to grow exponentially. Based on application, the market is segmented into pesticide intermediates, warning agents, and others.

Ethyl Mercaptan Market Country Analysis
North America is likely to dominate the overall market growth during the forecast time frame. The regional growth can be attributed to the presence of key players such as Chevron Phillips Chemical, The DOW Chemical Company, ExxonMobil, and PPG Industries. Moreover, with the growing demand for the agrochemical industries in developing countries like India, China, and Japan, the market in the Asia Pacific is predicted to witness growth at a higher CAGR. Ethyl mercaptan is used for pesticides and insecticides in the agrochemical industry. According to the Federation of Indian Chambers of Commerce and Industry, India is the fourth-largest producer of agrochemicals globally, after the U.S., Japan, and China. Thereby, the demand for ethyl mercaptan in the Asia Pacific region is increasing.

Ethyl Mercaptan Market Share and Competition
The major players operating in the global ethyl mercaptan market are Arkema S.A, DowDuPont Inc., Chevron Phillips Chemical, ATOFINA Chemicals Inc., Penta International, Santa Cruz Biotechnology, Sigma Aldrich, PPG Industries, and Exxon Mobil.

Report Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2021 – 2028)
• Data breakdown for every market segment (2021 – 2028)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy

Industry Segmentation and Revenue Breakdown
Product Analysis (Revenue, USD Million, 2021 - 2028)
• Ethanol (or Ethylene)
• Ethyl Chloride
• Anhydrous Ethanol
• Others

Application Analysis (Revenue, USD Million, 2021 - 2028)
• Pesticide Intermediates
• Warning Agents
• Others

Region Analysis (Revenue, USD Million, 2021 – 2028)
• North America
o the United States
o Canada
o Mexico
• South America
• Europe
o France
o Germany
o Italy
o Spain
o the United Kingdom
o Austria
• the Asia Pacific
o Russia
o China
o Japan
o India
o the Philippines
o Malaysia
o Australia
o South Korea
• Middle East
o GCC Countries
o South Korea
• South Africa
• Rest of World

Ethyl Mercaptan Market Companies
• Arkema S.A
• DowDuPont Inc.
• Chevron Phillips Chemical
• ATOFINA Chemicals Inc.
• Penta International
• Santa Cruz Biotechnology
• Sigma Aldrich
• PPG Industries
• Exxon Mobil

Available Versions
• the United States Ethyl Mercaptan Industry Research Report
• Europe Ethyl Mercaptan Industry Research Report
• Asia Pacific Ethyl Mercaptan Industry Research Report

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