Thiourea Dioxide Market, by Product Type (Ordinary Grade, High Purity Grade, and Ultra Purity Grade), by End-use Industry (Paper & Pulp, Photographic, Leather Processing, Textile, and Fiber), and by Region (North America, South America, Europe, Asia Pacific, and Middle East & Africa) – Size, Share, Outlook, and Opportunity Analysis, 2022-2028
In July 2018, a research paper published on Fibers and Polymers journal studied the use of thiourea dioxide as a reducing agent for the discharge printing application in the polyester fabric industry. This research will drive the thiourea dioxide use in the textile industry.
In August 2018, according to the FAOSTAT, India is the fastest growing paper market in the world, growing at a CAGR of 8% (FY11 to FY16). Growth in the developing countries like India for Pulp and Paper industry is set to drive the growth for thiourea dioxide market.
Development in the R&D to find new applications for thiourea dioxide besides conventional applications is driving the growth for thiourea dioxide market globally. For instance, a research study published on Chemistry - European Journal (2014), thiourea dioxide can also be used as a precursor for many unusual sulfur compounds such as sulfoxylic acid.