Industry: Chemical & Material
Published Date: 2026-01-04
Pages: 125 Pages
Report ld: 5523844
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Benzenethiol (CAS 108-98-5) Market Size(US$)

CAGR 2026-2032
6.4%
Market Size,2032
USD 42.22
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global Benzenethiol (CAS 108-98-5) market was valued at US$ 27.52 million in 2025 and is anticipated to reach US$ 42.22 million by 2032, at a CAGR of 6.4% from 2026 to 2032.
The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments and international strategic countermeasures on Benzenethiol (CAS 108-98-5) competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.
At room temperature, Benzenethiol (CAS 108-98-5) is a colorless liquid with a foul odor. It is weakly acidic, heavier than water, insoluble in water, soluble in ethanol, benzene and ether. It has a stimulating effect on the skin, eyes, and mucous membranes. At higher concentrations, it can paralyze the central nervous system. Applying on the skin can cause dermatitis and ulcers. Similar to phenol. It is corrosive and flammable. When exposed to open flames, high heat or contact with oxidants, there is a danger of causing explosion. In case of acid, hydrogen sulfide is decomposed. Mainly used in the synthesis of pesticides and medicines.
Japan accounted for the largest market with about 42.3% of the Global consumption for benzenethiol in 2019. There are two main thiophenol manufacturers in the world, one is Zhejiang Yangfan New Materials Co., Ltd. in China, and the other is Sumitomo Seika in Japan.
This report delivers a comprehensive overview of the global Benzenethiol (CAS 108-98-5) market, with both quantitative and qualitative analyses, to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current market, and make informed business decisions regarding Benzenethiol (CAS 108-98-5). The Benzenethiol (CAS 108-98-5) market size, estimates, and forecasts are provided in terms of shipments (MT) and revenue (US$ millions), with 2025 as the base year and historical and forecast data for 2021–2032.
The report segments the global Benzenethiol (CAS 108-98-5) market comprehensively. Regional market sizes by Type, by Application, , and by company are also provided. For deeper insight, the report profiles the competitive landscape, key competitors, and their respective market rankings, and discusses technological trends and new product developments.
This report will assist Benzenethiol (CAS 108-98-5) manufacturers, new entrants, and companies across the industry value chain with information on revenues, production, and average prices for the overall market and its sub-segments, by company, by Type, by Application, and by region.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Defines the scope of the report and presents an executive summary of market segments (by Type, by Application, , etc.), including the size of each segment and its future growth potential. It offers a high-level view of the current market and its likely evolution in the short, medium, and long term.
Chapter 2: Provides a detailed analysis of the competitive landscape for Benzenethiol (CAS 108-98-5) manufacturers, including prices, production, value-based market shares, latest development plans, and information on mergers and acquisitions.
Chapter 3: Examines Benzenethiol (CAS 108-98-5) production/output and value by region and country, providing a quantitative assessment of market size and growth potential for each region over the next six years.
Chapter 4: Analyzes Benzenethiol (CAS 108-98-5) consumption at the regional and country levels. It quantifies market size and growth potential for each region and its key countries, and outlines market development, outlook, addressable space, and national production.
Chapter 5: Analyzes market segments by Type, covering the size and growth potential of each segment to help readers identify “blue ocean” opportunities.
Chapter 6: Analyzes market segments by Application, covering the size and growth potential of each segment to help readers identify “blue ocean” opportunities in downstream markets.
Chapter 7: Profiles key players, detailing the fundamentals of major companies, including product production/output, value, price, gross margin, product portfolio/introductions, and recent developments.
Chapter 8: Reviews the industry value chain, including upstream and downstream segments.
Chapter 9: Discusses market dynamics and recent developments, including drivers, restraints, challenges and risks for manufacturers, U.S. Tariffs and relevant policy analysis.
Chapter 10: Summarizes the key findings 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.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Benzenethiol (CAS 108-98-5) Market Overview
1.1 Product Definition
1.2 Benzenethiol (CAS 108-98-5) by Type
1.2.1 Global Benzenethiol (CAS 108-98-5) Market Value Growth Rate Analysis by Type: 2025 vs 2032
1.2.2 Purity 98%-99%
1.2.3 Purity>99%
1.3 Benzenethiol (CAS 108-98-5) by Application
1.3.1 Global Benzenethiol (CAS 108-98-5) Market Value Growth Rate Analysis by Application: 2025 vs 2032
1.3.2 Pharmaceutical
1.3.3 Pesticide
1.3.4 Photoinitiator
1.4 Global Market Growth Prospects
1.4.1 Global Benzenethiol (CAS 108-98-5) Production Value Estimates and Forecasts (2021–2032)
1.4.2 Global Benzenethiol (CAS 108-98-5) Production Capacity Estimates and Forecasts (2021–2032)
1.4.3 Global Benzenethiol (CAS 108-98-5) Production Estimates and Forecasts (2021–2032)
1.4.4 Global Benzenethiol (CAS 108-98-5) Market Average Price Estimates and Forecasts (2021–2032)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Benzenethiol (CAS 108-98-5) Production Market Share by Manufacturers (2021–2026)
2.2 Global Benzenethiol (CAS 108-98-5) Production Value Market Share by Manufacturers (2021–2026)
2.3 Global Key Players of Benzenethiol (CAS 108-98-5), Industry Ranking, 2024 vs 2025
2.4 Global Benzenethiol (CAS 108-98-5) Market Share by Company Tier (Tier 1, Tier 2, Tier 3)
2.5 Global Benzenethiol (CAS 108-98-5) Average Price by Manufacturers (2021–2026)
2.6 Global Key Manufacturers of Benzenethiol (CAS 108-98-5), Manufacturing Footprints and Headquarters
2.7 Global Key Manufacturers of Benzenethiol (CAS 108-98-5), Product Offerings and Applications
2.8 Global Key Manufacturers of Benzenethiol (CAS 108-98-5), Date of Entry into the Industry
2.9 Benzenethiol (CAS 108-98-5) Market Competitive Situation and Trends
2.9.1 Benzenethiol (CAS 108-98-5) Market Concentration Rate
2.9.2 Top 5 and Top 10 Global Benzenethiol (CAS 108-98-5) Players Market Share by Revenue
2.10 Mergers & Acquisitions and Expansion
3 Benzenethiol (CAS 108-98-5) Production by Region
3.1 Global Benzenethiol (CAS 108-98-5) Production Value Estimates and Forecasts by Region: 2021 vs 2025 vs 2032
3.2 Global Benzenethiol (CAS 108-98-5) Production Value by Region (2021–2032)
3.2.1 Global Benzenethiol (CAS 108-98-5) Production Value by Region (2021–2026)
3.2.2 Global Forecasted Production Value of Benzenethiol (CAS 108-98-5) by Region (2027–2032)
3.3 Global Benzenethiol (CAS 108-98-5) Production Estimates and Forecasts by Region: 2021 vs 2025 vs 2032
3.4 Global Benzenethiol (CAS 108-98-5) Production Volume by Region (2021–2032)
3.4.1 Global Benzenethiol (CAS 108-98-5) Production by Region (2021–2026)
3.4.2 Global Forecasted Production of Benzenethiol (CAS 108-98-5) by Region (2027–2032)
3.5 Global Benzenethiol (CAS 108-98-5) Market Price Analysis by Region (2021–2026)
3.6 Global Benzenethiol (CAS 108-98-5) Production, Value, and Year-over-Year Growth
3.6.1 China Benzenethiol (CAS 108-98-5) Production Value Estimates and Forecasts (2021–2032)
3.6.2 Japan Benzenethiol (CAS 108-98-5) Production Value Estimates and Forecasts (2021–2032)
3.6.3 India Benzenethiol (CAS 108-98-5) Production Value Estimates and Forecasts (2021–2032)
4 Benzenethiol (CAS 108-98-5) Consumption by Region
4.1 Global Benzenethiol (CAS 108-98-5) Consumption Estimates and Forecasts by Region: 2021 vs 2025 vs 2032
4.2 Global Benzenethiol (CAS 108-98-5) Consumption by Region (2021–2032)
4.2.1 Global Benzenethiol (CAS 108-98-5) Consumption by Region (2021–2026)
4.2.2 Global Benzenethiol (CAS 108-98-5) Forecasted Consumption by Region (2027–2032)
4.3 North America
4.3.1 North America Benzenethiol (CAS 108-98-5) Consumption Growth Rate by Country: 2021 vs 2025 vs 2032
4.3.2 North America Benzenethiol (CAS 108-98-5) Consumption by Country (2021–2032)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Benzenethiol (CAS 108-98-5) Consumption Growth Rate by Country: 2021 vs 2025 vs 2032
4.4.2 Europe Benzenethiol (CAS 108-98-5) Consumption by Country (2021–2032)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Benzenethiol (CAS 108-98-5) Consumption Growth Rate by Region: 2021 vs 2025 vs 2032
4.5.2 Asia Pacific Benzenethiol (CAS 108-98-5) Consumption by Region (2021–2032)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Benzenethiol (CAS 108-98-5) Consumption Growth Rate by Country: 2021 vs 2025 vs 2032
4.6.2 Latin America, Middle East & Africa Benzenethiol (CAS 108-98-5) Consumption by Country (2021–2032)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Benzenethiol (CAS 108-98-5) Production by Type (2021–2032)
5.1.1 Global Benzenethiol (CAS 108-98-5) Production by Type (2021–2026)
5.1.2 Global Benzenethiol (CAS 108-98-5) Production by Type (2027–2032)
5.1.3 Global Benzenethiol (CAS 108-98-5) Production Market Share by Type (2021–2032)
5.2 Global Benzenethiol (CAS 108-98-5) Production Value by Type (2021–2032)
5.2.1 Global Benzenethiol (CAS 108-98-5) Production Value by Type (2021–2026)
5.2.2 Global Benzenethiol (CAS 108-98-5) Production Value by Type (2027–2032)
5.2.3 Global Benzenethiol (CAS 108-98-5) Production Value Market Share by Type (2021–2032)
5.3 Global Benzenethiol (CAS 108-98-5) Price by Type (2021–2032)
6 Segment by Application
6.1 Global Benzenethiol (CAS 108-98-5) Production by Application (2021–2032)
6.1.1 Global Benzenethiol (CAS 108-98-5) Production by Application (2021–2026)
6.1.2 Global Benzenethiol (CAS 108-98-5) Production by Application (2027–2032)
6.1.3 Global Benzenethiol (CAS 108-98-5) Production Market Share by Application (2021–2032)
6.2 Global Benzenethiol (CAS 108-98-5) Production Value by Application (2021–2032)
6.2.1 Global Benzenethiol (CAS 108-98-5) Production Value by Application (2021–2026)
6.2.2 Global Benzenethiol (CAS 108-98-5) Production Value by Application (2027–2032)
6.2.3 Global Benzenethiol (CAS 108-98-5) Production Value Market Share by Application (2021–2032)
6.3 Global Benzenethiol (CAS 108-98-5) Price by Application (2021–2032)
7 Key Companies Profiled
7.1 Sumitomo Seika
7.1.1 Sumitomo Seika Benzenethiol (CAS 108-98-5) Company Information
7.1.2 Sumitomo Seika Benzenethiol (CAS 108-98-5) Product Portfolio
7.1.3 Sumitomo Seika Benzenethiol (CAS 108-98-5) Production, Value, Price, and Gross Margin (2021–2026)
7.1.4 Sumitomo Seika Main Business and Markets Served
7.1.5 Sumitomo Seika Recent Developments/Updates
7.2 Zhejiang Yangfan New Materials
7.2.1 Zhejiang Yangfan New Materials Benzenethiol (CAS 108-98-5) Company Information
7.2.2 Zhejiang Yangfan New Materials Benzenethiol (CAS 108-98-5) Product Portfolio
7.2.3 Zhejiang Yangfan New Materials Benzenethiol (CAS 108-98-5) Production, Value, Price, and Gross Margin (2021–2026)
7.2.4 Zhejiang Yangfan New Materials Main Business and Markets Served
7.2.5 Zhejiang Yangfan New Materials Recent Developments/Updates
7.3 Nandadeep Chemicals
7.3.1 Nandadeep Chemicals Benzenethiol (CAS 108-98-5) Company Information
7.3.2 Nandadeep Chemicals Benzenethiol (CAS 108-98-5) Product Portfolio
7.3.3 Nandadeep Chemicals Benzenethiol (CAS 108-98-5) Production, Value, Price, and Gross Margin (2021–2026)
7.3.4 Nandadeep Chemicals Main Business and Markets Served
7.3.5 Nandadeep Chemicals Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Benzenethiol (CAS 108-98-5) Industry Chain Analysis
8.2 Benzenethiol (CAS 108-98-5) Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Benzenethiol (CAS 108-98-5) Production Modes and Processes
8.4 Benzenethiol (CAS 108-98-5) Sales and Marketing
8.4.1 Benzenethiol (CAS 108-98-5) Sales Channels
8.4.2 Benzenethiol (CAS 108-98-5) Distributors
8.5 Benzenethiol (CAS 108-98-5) Customer Analysis
9 Benzenethiol (CAS 108-98-5) Market Dynamics
9.1 Benzenethiol (CAS 108-98-5) Industry Trends
9.2 Benzenethiol (CAS 108-98-5) Market Drivers
9.3 Benzenethiol (CAS 108-98-5) Market Challenges
9.4 Benzenethiol (CAS 108-98-5) Market Restraints
9.5 Impact of U.S. Tariffs
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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At room temperature, Benzenethiol (CAS 108-98-5) is a colorless liquid with a foul odor. It is weakly acidic, heavier than water, insoluble in water, soluble in ethanol, benzene and ether. It has a stimulating effect on the skin, eyes, and mucous membranes. At higher concentrations, it can paralyze the central nervous system. Applying on the skin can cause dermatitis and ulcers. Similar to phenol. It is corrosive and flammable. When exposed to open flames, high heat or contact with oxidants, there is a danger of causing explosion. In case of acid, hydrogen sulfide is decomposed. Mainly used in the synthesis of pesticides and medicines.
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At room temperature, Benzenethiol (CAS 108-98-5) is a colorless liquid with a foul odor. It is weakly acidic, heavier than water, insoluble in water, soluble in ethanol, benzene and ether. It has a stimulating effect on the skin, eyes, and mucous membranes. At higher concentrations, it can paralyze the central nervous system. Applying on the skin can cause dermatitis and ulcers. Similar to phenol. It is corrosive and flammable. When exposed to open flames, high heat or contact with oxidants, there is a danger of causing explosion. In case of acid, hydrogen sulfide is decomposed. Mainly used in the synthesis of pesticides and medicines.
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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