Clear light-yellow liquid (CAS 622-59-3) with an isothiocyanate group (N=C=S) bonded to a tolyl group
Market Overview
Functions as a reagent for bioactive molecules, pesticides, and chemical catalysts
Highly reactive compound requiring storage under inert gas to prevent degradation
Attracts attention from pharmaceutical, agricultural, and materials science sectors
Market Value & Growth Projections
Market Insights:
2023 Global Market Value: USD 22 million
Projected Market Value (2032): USD 29.54 million
CAGR (2023-2032): 4.30%
Key Market Drivers:
Pharmaceutical Research: Increasing need for effective bioactive molecules
Cancer Research: Growing popularity of isothiocyanates in therapeutic applications
Agricultural Demand: Rising need for crop protection chemicals
Chemical Industry: Expanding applications in specialty chemical manufacturing
Research & Development: Ongoing innovation in chemical synthesis
Key Market Players
Regional Market Analysis
North America:
Key Countries- USA, Canada, Mexico
Europe:
Key Countries- Germany, UK, France, Russia, Italy, Rest of Europe
Asia-Pacific:
Key Countries- China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific
South America:
Key Countries- Brazil, Argentina, Columbia, Rest of South America
Middle East and Africa:
Key Countries- Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA
