Thioesters Industry Size, Share, Demand & Growth by 2028
The thioesters industry is expected to rise 4.7% year on year in 2022, reaching a value of
around US$ 112.5 million by the end of 2022. During the forecast period of 2022 to 2028, the
worldwide thioesters market is expected to grow at a CAGR of 4.8%. Thioesters are widely
employed in the processing of rubber and plastics, as well as in the manufacturing of food
and feed, as well as in the creation of gasoline and lubricants, among other things.
Plastic processing is another important application area for the thioester and is projected to
register considerable growth over the forecast period. The sales of thioesters are estimated to
be valued at US$ 102.9 Million by the end of 2018, witnessing a Y-o-Y growth of 3.9% over
the year 2017. China is estimated to account for a value share of 28.3% in the global thioester
market by 2018 end and it is anticipated to retain its dominance throughout the forecast
period.
Thioesters are organic compounds with a sulfur atom bonded to two carbon atoms,
resembling esters but with a sulfur (thio) atom instead of oxygen. They play crucial roles in
biochemical processes, particularly in fatty acid metabolism and protein modification.
Thioesters are vital in enzyme reactions, forming high-energy intermediates, and are pivotal
in acyl group transfer reactions. Their versatility and involvement in various biological and
chemical processes make them significant in both scientific research and industrial
applications.
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Further coming to the segmental analysis, amongst the material type DSTDP is expected to
offer significant absolute $ opportunity for market players during the period. Among the
application segment, thioesters find their major adoption and attraction in the rubber
processing industry and are proposed to show their domination throughout the forecast
period.
Thioester is classified as an organic compound that is formed after the esterification of
carboxylic acids and thiols. On a commercial scale, these fall under the category of auxiliary
antioxidants. One of the major functions of thioesters is to slow down the rate of oxidation
and improve the operating life of the end product.
Thioesters are considered one of the best additives to inhibit the oxidation process. With
attributes like high solubility, better thermal stability, and a high degree of antioxidant
properties the thioesters are proving as a choice of antioxidant in the market. It can also be
used with a combination of other types of antioxidants and further can be used in numerous
applications.
Thioesters Market: Segmentation Analysis

Based on material type DSTDP is projected to hold a relatively higher share
throughout the forecast period. This segment is estimated to hold a share of 59.9 % in
2018 and is expected to expand at a CAGR of 4.8 % over the forecast period

Among applications, rubber processing segments where thioesters are an integral part
of various types of rubber processing such as natural rubber, elastomers, and synthetic
rubber are projected to register sound growth over the forecast period
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