Industry: Chemical & Material
Published Date: 2025-06-05
Pages: 112 Pages
Report ld: 4754530
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N-octyl Mercaptan Market Size(US$)

CAGR 2025-2031
2.9%
Market Size,2031
USD 120
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global N-octyl Mercaptan market is projected to grow from US$ 101 million in 2025 to US$ 120 million by 2031, at a Compound Annual Growth Rate (CAGR) of 2.9% during the forecast period.
The evolving U.S. tariff policy posed substantial volatility risks to global markets. This report provides a comprehensive assessment of trade barrier escalations and cross-border counterstrategies, analyzing their multidimensional impacts on industrial competition patterns, geo-economic integration, and transnational value chain realignments.
N-Octyl Mercaptan (CAS 111–88–6) is a colorless transparent liquid,mainly in the production of rubber assistant, medicine, herbicides intermediate, etc. N-octyl mercaptan, also known as 1-octanethiol, is a chemical compound with the formula C8H18S. It belongs to the family of mercaptans, which are organic compounds containing a sulfhydryl group (-SH) attached to a carbon atom. In the case of N-octyl mercaptan, the sulfhydryl group is attached to the first carbon of an eight-carbon chain, hence the "N-octyl" designation, which indicates that the thiol group is at the end (or "normal" position) of the octyl chain.
N-octyl mercaptan is a colorless to pale yellow liquid with a strong, unpleasant odor that is characteristic of many thiols. It is used in various industrial applications, including as a chemical intermediate, a stabilizer in the production of polymers, and as a chain transfer agent in free-radical polymerization to control the molecular weight of the resulting polymers.
The N-Octyl Mercaptan market is poised for steady growth, underpinned by its versatile applications across multiple industries and regions. While challenges such as raw material price volatility and regulatory constraints exist, the compound's critical role in polymerization processes, rubber stabilization, and agrochemical synthesis ensures its continued relevance. The market's expansion into emerging economies and specialized applications further highlights its potential. To capitalize on these opportunities, stakeholders should focus on sustainable practices, innovation, and strategic partnerships to navigate the evolving market landscape.
The major global manufacturers of N-octyl Mercaptan include Chevron Phillips Chemical, Arkema, Isu Chemical, Sanmenxia Aoke Chemical Industry. In 2024, the world's top three vendors accounted for 98.71% Share of the revenue. This highly concentrated production landscape underscores the specialized nature of N-octyl mercaptan manufacturing, with limited suppliers catering to global demand.
The manufacturing process of N-octyl mercaptan generates significant environmental pollution, particularly through the emission of sulfur-containing compounds and organic pollutants. In recent years, as global environmental regulations have tightened—especially regarding hazardous chemical production—the industry has faced growing sustainability pressures.
To sustain growth, industry players are investing in R&D for odor-reduced formulations and bio-derived alternatives, while optimizing supply chains to mitigate cost instability. Leading companies like Arkema, Chevron Phillips Chemical, and Isu Chemical dominate the market through strategic innovations and regional expansions. Looking ahead, the N-octyl mercaptan market is projected to grow at a moderate pace, with long-term success hinging on advancements in green chemistry solutions and adaptability to evolving regulatory landscapes. Stakeholders are advised to prioritize technological innovation, supply chain resilience, and targeted expansion in high-growth regions to capitalize on niche applications and offset existing market challenges.
In terms of production side, this report researches the N-octyl Mercaptan production, growth rate, market share by manufacturers and by region (region level and country level), from 2020 to 2025, and forecast to 2031.
In terms of consumption side, this report focuses on the sales of N-octyl Mercaptan by region (region level and country level), by company, by Type and by Application. from 2020 to 2025 and forecast to 2031.
This report presents an overview of global market for N-octyl Mercaptan, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2020 - 2025, estimates for 2025, and projections of CAGR through 2031.
This report researches the key producers of N-octyl Mercaptan, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for N-octyl Mercaptan, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the N-octyl Mercaptan sales, revenue, market share and industry ranking of main manufacturers, data from 2020 to 2025. Identification of the major stakeholders in the global N-octyl Mercaptan market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2020 to 2031. Evaluation and forecast the market size for N-octyl Mercaptan sales, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including Chevron Phillips Chemical, Arkema, Isu Chemical, Sanmenxia Aoke Chemical Industry, etc.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: N-octyl Mercaptan production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 3: Sales (consumption), revenue of N-octyl Mercaptan in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 4: Detailed analysis of N-octyl Mercaptan manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America (US & Canada) by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: China by Type, and by Application, sales, and revenue for each segment.
Chapter 10: Asia (excluding China) by Type, by Application and by region, sales, and revenue for each segment.
Chapter 11: Middle East, Africa, Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, N-octyl Mercaptan sales, revenue, price, gross margin, and recent development, etc.
Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 14: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 15: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
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All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
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TABLE OF CONTENTS
1 Study Coverage
1.1 N-octyl Mercaptan Product Introduction
1.2 Market by Type
1.2.1 Global N-octyl Mercaptan Market Size by Type, 2020 VS 2024 VS 2031
1.2.2 Purity ≥ 98.5%
1.2.3 Purity < 98.5%
1.3 Market by Application
1.3.1 Global N-octyl Mercaptan Market Size by Application, 2020 VS 2024 VS 2031
1.3.2 Rubber
1.3.3 Polymers
1.3.4 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global N-octyl Mercaptan Production
2.1 Global N-octyl Mercaptan Production Capacity (2020-2031)
2.2 Global N-octyl Mercaptan Production by Region: 2020 VS 2024 VS 2031
2.3 Global Production by Region
2.3.1 Global N-octyl Mercaptan Production by Region (2020-2031)
2.3.2 Global N-octyl Mercaptan Production Market Share by Region (2020-2031)
2.4 Europe
2.5 South Korea
2.6 USA
2.7 China
3 Executive Summary
3.1 Global N-octyl Mercaptan Revenue Estimates and Forecasts 2020-2031
3.2 Global Revenue by Region
3.2.1 Global N-octyl Mercaptan Revenue by Region: 2020 VS 2024 VS 2031
3.2.2 Global N-octyl Mercaptan Revenue by Region (2020-2031)
3.2.3 Global N-octyl Mercaptan Revenue Market Share by Region (2020-2031)
3.3 Global N-octyl Mercaptan Sales Estimates and Forecasts 2020-2031
3.4 Global Sales by Region
3.4.1 Global N-octyl Mercaptan Sales by Region: 2020 VS 2024 VS 2031
3.4.2 Global N-octyl Mercaptan Sales by Region (2020-2031)
3.4.3 Global N-octyl Mercaptan Sales Market Share by Region (2020-2031)
3.5 US & Canada
3.6 Europe
3.7 China
3.8 Asia (excluding China)
3.9 Middle East, Africa and Latin America
4 Competition by Manufacturers
4.1 Global Sales by Manufacturers
4.1.1 Global N-octyl Mercaptan Sales by Manufacturers (2020-2025)
4.1.2 Global N-octyl Mercaptan Sales Market Share by Manufacturers (2020-2025)
4.1.3 Global Top 10 and Top 5 Largest Manufacturers of N-octyl Mercaptan in 2024
4.2 Global Revenue by Manufacturers
4.2.1 Global N-octyl Mercaptan Revenue by Manufacturers (2020-2025)
4.2.2 Global N-octyl Mercaptan Revenue Market Share by Manufacturers (2020-2025)
4.2.3 Global Top 10 and Top 5 Companies by N-octyl Mercaptan Revenue in 2024
4.3 Global N-octyl Mercaptan Sales Price by Manufacturers (2020-2025)
4.4 Global Key Players of N-octyl Mercaptan, Industry Ranking, 2023 VS 2024
4.5 Analysis of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
4.5.2 Global N-octyl Mercaptan Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.6 Global Key Manufacturers of N-octyl Mercaptan, Manufacturing Base Distribution and Headquarters
4.7 Global Key Manufacturers of N-octyl Mercaptan, Product Offered and Application
4.8 Global Key Manufacturers of N-octyl Mercaptan, Date of Enter into This Industry
4.9 Mergers & Acquisitions, Expansion Plans
5 Market Size by Type
5.1 Global Sales by Type
5.1.1 Global N-octyl Mercaptan Historical Sales by Type (2020-2025)
5.1.2 Global N-octyl Mercaptan Forecasted Sales by Type (2026-2031)
5.1.3 Global N-octyl Mercaptan Sales Market Share by Type (2020-2031)
5.2 Global Revenue by Type
5.2.1 Global N-octyl Mercaptan Historical Revenue by Type (2020-2025)
5.2.2 Global N-octyl Mercaptan Forecasted Revenue by Type (2026-2031)
5.2.3 Global N-octyl Mercaptan Revenue Market Share by Type (2020-2031)
5.3 Global Price by Type
5.3.1 Global N-octyl Mercaptan Price by Type (2020-2025)
5.3.2 Global N-octyl Mercaptan Price Forecast by Type (2026-2031)
6 Market Size by Application
6.1 Global Sales by Application
6.1.1 Global N-octyl Mercaptan Historical Sales by Application (2020-2025)
6.1.2 Global N-octyl Mercaptan Forecasted Sales by Application (2026-2031)
6.1.3 Global N-octyl Mercaptan Sales Market Share by Application (2020-2031)
6.2 Global Revenue by Application
6.2.1 Global N-octyl Mercaptan Historical Revenue by Application (2020-2025)
6.2.2 Global N-octyl Mercaptan Forecasted Revenue by Application (2026-2031)
6.2.3 Global N-octyl Mercaptan Revenue Market Share by Application (2020-2031)
6.3 Global Price by Application
6.3.1 Global N-octyl Mercaptan Price by Application (2020-2025)
6.3.2 Global N-octyl Mercaptan Price Forecast by Application (2026-2031)
7 US & Canada
7.1 US & Canada Market Size by Type
7.1.1 US & Canada N-octyl Mercaptan Sales by Type (2020-2031)
7.1.2 US & Canada N-octyl Mercaptan Revenue by Type (2020-2031)
7.2 US & Canada Market Size by Application
7.2.1 US & Canada N-octyl Mercaptan Sales by Application (2020-2031)
7.2.2 US & Canada N-octyl Mercaptan Revenue by Application (2020-2031)
7.3 US & Canada Market Size by Country
7.3.1 US & Canada N-octyl Mercaptan Revenue by Country: 2020 VS 2024 VS 2031
7.3.2 US & Canada N-octyl Mercaptan Revenue by Country (2020-2031)
7.3.3 US & Canada N-octyl Mercaptan Sales by Country (2020-2031)
7.3.4 US
7.3.5 Canada
8 Europe
8.1 Europe Market Size by Type
8.1.1 Europe N-octyl Mercaptan Sales by Type (2020-2031)
8.1.2 Europe N-octyl Mercaptan Revenue by Type (2020-2031)
8.2 Europe Market Size by Application
8.2.1 Europe N-octyl Mercaptan Sales by Application (2020-2031)
8.2.2 Europe N-octyl Mercaptan Revenue by Application (2020-2031)
8.3 Europe Market Size by Country
8.3.1 Europe N-octyl Mercaptan Revenue by Country: 2020 VS 2024 VS 2031
8.3.2 Europe N-octyl Mercaptan Sales by Country (2020-2031)
8.3.3 Europe N-octyl Mercaptan Revenue by Country (2020-2031)
8.3.4 Germany
8.3.5 France
8.3.6 U.K.
8.3.7 Italy
8.3.8 Russia
9 China
9.1 China Market Size by Type
9.1.1 China N-octyl Mercaptan Sales by Type (2020-2031)
9.1.2 China N-octyl Mercaptan Revenue by Type (2020-2031)
9.2 China Market Size by Application
9.2.1 China N-octyl Mercaptan Sales by Application (2020-2031)
9.2.2 China N-octyl Mercaptan Revenue by Application (2020-2031)
10 Asia (excluding China)
10.1 Asia Market Size by Type
10.1.1 Asia N-octyl Mercaptan Sales by Type (2020-2031)
10.1.2 Asia N-octyl Mercaptan Revenue by Type (2020-2031)
10.2 Asia Market Size by Application
10.2.1 Asia N-octyl Mercaptan Sales by Application (2020-2031)
10.2.2 Asia N-octyl Mercaptan Revenue by Application (2020-2031)
10.3 Asia Market Size by Region
10.3.1 Asia N-octyl Mercaptan Revenue by Region: 2020 VS 2024 VS 2031
10.3.2 Asia N-octyl Mercaptan Revenue by Region (2020-2031)
10.3.3 Asia N-octyl Mercaptan Sales by Region (2020-2031)
10.3.4 Japan
10.3.5 South Korea
10.3.6 China Taiwan
10.3.7 Southeast Asia
10.3.8 India
11 Middle East, Africa and Latin America
11.1 Middle East, Africa and Latin America Market Size by Type
11.1.1 Middle East, Africa and Latin America N-octyl Mercaptan Sales by Type (2020-2031)
11.1.2 Middle East, Africa and Latin America N-octyl Mercaptan Revenue by Type (2020-2031)
11.2 Middle East, Africa and Latin America Market Size by Application
11.2.1 Middle East, Africa and Latin America N-octyl Mercaptan Sales by Application (2020-2031)
11.2.2 Middle East, Africa and Latin America N-octyl Mercaptan Revenue by Application (2020-2031)
11.3 Middle East, Africa and Latin America Market Size by Country
11.3.1 Middle East, Africa and Latin America N-octyl Mercaptan Revenue by Country: 2020 VS 2024 VS 2031
11.3.2 Middle East, Africa and Latin America N-octyl Mercaptan Revenue by Country (2020-2031)
11.3.3 Middle East, Africa and Latin America N-octyl Mercaptan Sales by Country (2020-2031)
11.3.4 Brazil
11.3.5 Mexico
11.3.6 Turkey
11.3.7 Israel
11.3.8 GCC Countries
12 Corporate Profile
12.1 Chevron Phillips Chemical
12.1.1 Chevron Phillips Chemical Corporation Information
12.1.2 Chevron Phillips Chemical Overview
12.1.3 Chevron Phillips Chemical N-octyl Mercaptan Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.1.4 Chevron Phillips Chemical N-octyl Mercaptan Product Model Numbers, Pictures, Descriptions and Specifications
12.1.5 Chevron Phillips Chemical Recent Developments
12.2 Arkema
12.2.1 Arkema Corporation Information
12.2.2 Arkema Overview
12.2.3 Arkema N-octyl Mercaptan Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.2.4 Arkema N-octyl Mercaptan Product Model Numbers, Pictures, Descriptions and Specifications
12.2.5 Arkema Recent Developments
12.3 Isu Chemical
12.3.1 Isu Chemical Corporation Information
12.3.2 Isu Chemical Overview
12.3.3 Isu Chemical N-octyl Mercaptan Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.3.4 Isu Chemical N-octyl Mercaptan Product Model Numbers, Pictures, Descriptions and Specifications
12.3.5 Isu Chemical Recent Developments
12.4 Sanmenxia Aoke Chemical Industry
12.4.1 Sanmenxia Aoke Chemical Industry Corporation Information
12.4.2 Sanmenxia Aoke Chemical Industry Overview
12.4.3 Sanmenxia Aoke Chemical Industry N-octyl Mercaptan Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.4.4 Sanmenxia Aoke Chemical Industry N-octyl Mercaptan Product Model Numbers, Pictures, Descriptions and Specifications
12.4.5 Sanmenxia Aoke Chemical Industry Recent Developments
13 Industry Chain and Sales Channels Analysis
13.1 N-octyl Mercaptan Industry Chain Analysis
13.2 N-octyl Mercaptan Key Raw Materials
13.2.1 Key Raw Materials
13.2.2 Raw Materials Key Suppliers
13.3 N-octyl Mercaptan Production Mode & Process
13.4 N-octyl Mercaptan Sales and Marketing
13.4.1 N-octyl Mercaptan Sales Channels
13.4.2 N-octyl Mercaptan Distributors
13.5 N-octyl Mercaptan Customers
14 N-octyl Mercaptan Market Dynamics
14.1 N-octyl Mercaptan Industry Trends
14.2 N-octyl Mercaptan Market Drivers
14.3 N-octyl Mercaptan Market Challenges
14.4 N-octyl Mercaptan Market Restraints
15 Key Findings in the Global N-octyl Mercaptan Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.1.1 Research Programs/Design
16.1.1.2 Market Size Estimation
16.1.1.3 Market Breakdown and Data Triangulation
16.1.2 Data Source
16.1.2.1 Secondary Sources
16.1.2.2 Primary Sources
16.2 Author Details
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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