Tert-Dodecyl Mercaptan Market By Type (TDM Products Based on Dodecane, TDM Products Based on Propylene), By Application (Styrene–Butadiene Rubber (SBR), Nitrile Rubber (NBR), Acrylonitrile Butadiene Styrene (ABS), Surfactant, Others) End Users (Manufacturing Companies) Region (North America, Europe, Asia Pacific, Middle East and Africa and South America), Global Forecast 2022 to 2031

The market for tert-dodecyl mercaptan (TDM) has been growing rapidly in recent years due to its wide range of applications. In this article, we'll explore the various types of TDM products available, their respective applications, and the benefits of using them in your industrial processes. 

Drivers of the Tert-Dodecyl Mercaptan Market

The drivers of the Tert-Dodecyl Mercaptan Market are as follows: 

1. Increasing demand for detergents and surfactants: Tert-Dodecyl Mercaptan is used in the production of detergents and surfactants, which are seeing an upsurge in demand due to rising population, increasing disposable incomes and changing lifestyles.

2. Growing demand from the personal care industry: Tert-Dodecyl Mercaptan is used in a wide range of personal care products such as shampoos, conditioners, soaps and lotions. As consumers become increasingly aware of their personal hygiene needs, the demand for these products is growing. 

3. Expansion of food & beverage industry: The food & beverage industry has been experiencing strong growth in recent years, with an increase in consumption by both domestic and international customers. This has resulted in a rise in demand for Tert-Dodecyl Mercaptan as an additive to improve taste and texture.

4. Use as a chemical intermediate: The growing usage of Tert-Dodecyl Mercaptan as a chemical intermediate is driving its market growth, as it facilitates the synthesis of various materials such as polymers, dyes and pharmaceuticals. 

Advantages of the Tert-Dodecyl Mercaptan Market

Some of the advantages of the Tert-Dodecyl Mercaptan Market are as follows:

1. It is a low-cost, high-quality product that can be used in a variety of applications.

2. The properties of this mercaptan make it an excellent choice for use as an emulsifier in the manufacturing of lubricants and greases.

3. Its low volatility makes it ideal for use in fuel formulations, particularly those used in diesel engines and other high-performance applications.

4. This mercaptan is also used as an additive to gasoline, providing additional protection against engine corrosion and wear.

5. It has both antioxidant and antifungal properties, making it an important ingredient in cosmetics and personal care products.

Market Value and CAGR of the Tert-Dodecyl Mercaptan Market

The market value and CAGR of the Tert-Dodecyl Mercaptan Market is expected to reach $2.05 billion by 2031, registering a CAGR of 5.1% from 2021 to 2031.

Growing demand for Tert-Dodecyl Mercaptan in the manufacture of fragrances and flavourings is expected to propel the market growth. Moreover, increasing demand for bio-based lubricants and rising consumption of personal care products are likely to fuel the market growth over the forecast period.

Challenges of the Tert-Dodecyl Mercaptan Market

Some of the challenges of the Tert-Dodecyl Mercaptan Market are as follows 

1. Supply and Demand: The Tert-Dodecyl Mercaptan market is highly dependent on supply and demand. If there is an imbalance between these two factors, it can affect the market significantly.

2. Price Volatility: The price of Tert-Dodecyl Mercaptan can fluctuate dramatically due to fluctuations in supply and demand, or due to external economic factors such as political instability or changes in government policies. 

3. Lack of Awareness: There is a lack of awareness among potential buyers regarding the various applications of Tert-Dodecyl Mercaptan, which may restrict the growth of the market. 

4. Environmental Concerns: Tert-Dodecyl Mercaptan is a volatile organic compound (VOC), which means that it has the potential to cause air pollution when released into the environment in large amounts. This may pose a challenge for manufacturers who are looking to expand their operations, as strict regulations regarding VOC emissions exists in many countries around the world.

Key Players in the Tert-Dodecyl Mercaptan Market

Some of the key players in the Tert-Dodecyl Mercaptan Market are Huntsman International LLC (U.S.), The Dow Chemical Company (U.S.), BASF SE (Germany), Sasol Limited (South Africa), Eastman Chemical Company (U.S.), Evonik Industries AG (Germany), Chemin International Co., Ltd. (China), Shanghai Tranche Co., Ltd. (China) and Merck Kagan (Germany).

Market Analysis into type, application, end user and region of Tert-Dodecyl Mercaptan Market

The most demanded product of the Tert-Dodecyl Mercaptan Market is expected to be a liquid product, due to its low boiling point and faster evaporation. The demand for this product is increasing in the cosmetic industry as it is used as an antistatic agent. This market is expected to witness a healthy growth rate over the forecast period owing to its rising demand from various end user industries such as pharmaceuticals, cosmetics, and personal care.

Based on type, the Tert-Dodecyl Mercaptan Market can be segmented into liquid and solid. The liquid segment is expected to dominate the market during the forecast period, owing to its high solubility in water and other organic solvents.

Based on application, the Tert-Dodecyl Mercaptan Market can be divided into pharmaceuticals, cosmetic & personal care, food & beverages, and others. The pharmaceutical sector has been dominating this market due to its wide usage in various drugs and medicines. The cosmetic & personal care segment is also expected to grow significantly during the forecast period due to its use as an antistatic agent in hair styling products and lotions.

North America is expected to dominate the market due to its increasing demand from various end user industries in the region. The market in Asia Pacific is also expected to witness substantial growth during the forecast period due to its growing demand from India, China, and Japan.

Impact of Covid-19 on the Tert-Dodecyl Mercaptan Market

Covid-19 has had a significant impact on the tert-dodecyl mercaptan market. The outbreak of the pandemic has led to a decrease in demand for TDM products, as many industries have been forced to scale back production or halt operations entirely. This has resulted in a sharp decline in prices for TDM products and a corresponding drop in revenue for producers. In addition, the Covid-19 pandemic has disrupted supply chains and led to shortages of raw materials and finished goods. This has further exacerbated the challenges faced by the tert-dodecyl mercaptan market.

Key developments in the Tert-Dodecyl Mercaptan Market

In January, 2021, DuPont Performance Materials (DPM) announced its new product line of Tert-Dodecyl Mercaptans (TDM). This new product line is based on a proprietary catalytic process that provides an improved cost structure and higher performance than conventional TDMs. The product line includes various grades of TDMs, with properties suitable for a wide range of applications in the polymers, plastics and adhesives industries.

In October 2020, Clariant launched its ‘Furfuryl Acetate’ as part of its Tertiary-Dodecyl Mercaptan range, designed to improve the processability of low molecular weight polymers. The Furfuryl Acetate-based TDM has been designed to reduce production costs, while providing better quality and more consistent products. It is suitable for use in polyethylene terephthalate (PET) films, coatings and adhesives.

In June 2020, Chemo International released its new range of tertiary dodecyl mercaptan products under the brand name ‘Muraflex’. The product range is designed to offer improved performance in polymer compounding processes, such as extrusion and injection.

Tert-Dodecyl Mercaptan Market Scope

Key Segments of the Tert-Dodecyl Mercaptan Market

Type Overview, (USD Billion)
        • TDM Products Based on Dodecane
        • TDM Products Based on Propylene
Application Overview, (USD Billion)
        • Styrene–Butadiene Rubber (SBR)
        • Nitrile Rubber (NBR)
        • Acrylonitrile Butadiene Styrene (ABS)
        • Surfactant
        • Others
Regional Overview,(USD Billion)
North America
        • U.S
        • Canada
Europe 
        • Germany
        • France
        • UK
        • Rest of Europe
Asia Pacific
        • China
        • India
        • Japan
        • Rest of Asia Pacific
South America
        • Mexico
        • Brazil
        • Rest of South America 
        • Middle East and South Africa