According to our (Global Info Research) latest study, the global Thiourea market size was valued at US$ 143 million in 2025 and is forecast to a readjusted size of US$ 242 million by 2032 with a CAGR of 7.9% during review period.
Thiourea, white, bright, bitter crystals, is soluble in cold water and ethanol, slightly soluble in ether, easily deliquescent in the air, and turns into ammonium thiocyanate at 150°C. It has reducing properties and can reduce free iodine to iodide ions. Thiourea is highly reactive and is used to prepare various compounds. It can react with a variety of oxidants to form organic compounds, and can also react with inorganic compounds to form easily soluble addition compounds. Thiourea also has a wide range of application prospects in petrochemicals and pharmaceutical chemicals. Many pharmaceutical molecules contain structural fragments of thiourea, and thiourea is also an important intermediate for the synthesis of heterocyclic compounds. For example, many oral hypoglycemic drugs and antithyroid drugs on the market currently belong to thiourea molecules. In addition, thiourea compounds have good insecticidal activity and are widely used in the field of pesticides.
According to the investigation, there are many ways to produce thiourea, including synthesis with thiophosgene and amine as raw materials, synthesis with isothiocyanate and amine as raw materials, synthesis with thiocyanate, acyl chloride and amine as raw materials, synthesis with carbon disulfide and amine as raw materials, synthesis with thiohydroxy transfer reagent and amine as raw materials, synthesis with substituted thiourea and amine as raw materials. Among them, the most popular industrial production process is the lime nitrogen production process, while other production processes have been gradually eliminated due to technical problems.
The core producers of Thiourea in the world include Yifengshenghua, GUIZHOU HONGKAI CHEMICAL and Zibo Haoyi Environmental Protection and Technology, and the top three manufacturers account for about 58%. Yifengshenghua ranks first with a market share of about 30%. China is the largest market with a share of more than 46%, followed by Europe and North America with a market share of about 25% and 14%. In terms of product type, Industrial Thiourea accounted for the largest share of the overall market at more than 88%. In terms of product application, Thiourea Dioxide accounts for the largest share of the overall market at around 32%.At the regional level, the Chinese market has changed rapidly in the past few years. The market size in 2024 is US$57 million, accounting for 48.10% of the world. It is expected to reach US$116 million in 2031, and the global share will reach 52.49%.
At present, the global production and consumption of thiourea are concentrated in China, of which China's output will reach 64,048 tons in 2024, accounting for 85.79% of the global market. At present, there are 8 major domestic companies with a production capacity of 5,000 tons, and some companies have a production capacity of 20,000 tons, which has a leading advantage over other countries in the world. At the same time, China is also a major consumer of thiourea products, mainly because the production of thiourea dioxide is also concentrated in China. As the main synthetic raw material of thiourea dioxide, thiourea also has huge consumer demand in China.
In terms of product type and technology, the market size of industrial thiourea in 2024 is US$104 million, accounting for 86.67% of the world. It is expected to reach US$190 million in 2031, and the global share will reach 85.96%.
Industrial-grade thiourea has a low concentration, a high impurity content, and relatively simple process requirements. As the main application in the chemical synthesis thiourea market, it is sufficient to meet current demand; however, with the development of technology and changes in demand, more and more industries require thiourea products with fewer impurities and higher purity. At the same time, these companies are relatively less sensitive to price, so the market space for high-purity thiourea is gradually expanding. At the same time, companies in the industry also have the subjective desire to develop high-purity thiourea, which has a higher price and a higher gross profit margin.
From the perspective of product market application, the market size of thiourea dioxide in 2024 will be US$36 million, accounting for 30.41% of the world, and is expected to reach US$69 million in 2031, when the global share will reach 31.31%.
Thiourea dioxide is the main application direction of the product at present, and will continue to occupy a major position for some time to come, but the industry is mature and growing slowly, bringing a relatively slow growth rate to the industry. Other emerging industries such as the electronic pharmaceutical industry have brought faster growth momentum to the product.
This report is a detailed and comprehensive analysis for global Thiourea market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Thiourea market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2021-2032
Global Thiourea market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2021-2032
Global Thiourea market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2021-2032
Global Thiourea market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Thiourea
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Thiourea market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Yifengshenghua, GUIZHOU HONGKAI CHEMICAL, Guizhou Redstar Developing, Zibo Haoyi Environmental Protection and Technology, Shandong Xinke, LOUYANG LIDA CHEMICAL, Ningxia Danske, Zaozhuang Yongli Chemical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Thiourea market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Industrial Thiourea
High Purity Thiourea
Market segment by Application
Thiourea Dioxide
Gold Mine Flotation
Pharmaceutical Intermediates
Pesticide Intermediates
Electronics Industry
Others
Major players covered
Yifengshenghua
GUIZHOU HONGKAI CHEMICAL
Guizhou Redstar Developing
Zibo Haoyi Environmental Protection and Technology
Shandong Xinke
LOUYANG LIDA CHEMICAL
Ningxia Danske
Zaozhuang Yongli Chemical
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Thiourea product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Thiourea, with price, sales quantity, revenue, and global market share of Thiourea from 2021 to 2026.
Chapter 3, the Thiourea competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Thiourea breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Thiourea market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Thiourea.
Chapter 14 and 15, to describe Thiourea sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Thiourea. Industry analysis & Market Report on Thiourea is a syndicated market report, published as Global Thiourea Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Thiourea market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.