Global Thiourea Market Strategic Research Report

Scope of the Report

The global Thiourea market size is predicted to grow from US$ 143 million in 2025 to US$ 242 million in 2032; it is expected to grow at a CAGR of 7.9% from 2026 to 2032.

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 presents a comprehensive overview of the global Thiourea market, covering market size and forecast, segmentation by product type and application, competitive landscape, leading players and regional and country-level outlook.

Segment by Type

• Industrial Thiourea
• High Purity Thiourea

Segment by Application

• Thiourea Dioxide
• Gold Mine Flotation
• Pharmaceutical Intermediates
• Pesticide Intermediates
• Electronics Industry
• Others

Who Can Use This Report?

This report is written for decision-makers who need a clear, data-backed view of the global Thiourea market:

• Manufacturers, suppliers and solution providers benchmarking their position and planning product, capacity and go-to-market strategy
• Distributors, channel partners and end users in Thiourea Dioxide, Gold Mine Flotation, Pharmaceutical Intermediates evaluating demand and sourcing options
• Investors, financial analysts and consultants assessing growth opportunities, competitive dynamics and M&A potential
• Government agencies, industry associations and research institutions tracking industry developments and policy impact