‘Thio’ generally means an ion or chemical, wherein the atom of oxygen in the composite is substituted by a sulphur ion. Nearly all chemicals wherein the ion of oxygen is substituted by the ion of sulphur are referred to as thiochemicals.
Few significant places where the thiochemicals market finds its use include the industries of oil and gas, and animal feed. So, expansion in these industries is responsible for driving the demand of this market.
Developing nations of the Middle East that are unexploited, boosting consumption of poultry around the globe and increasing number of inhabitants in the world are the primary drivers of the worldwide thiochemicals market.
North America is the principal consumer of this market.