Tertiary dodecyl mercaptan (TDM) is the chemical compound with the formula C12H26S. It is commonly utilized as a chain transfer agent in the manufacturing procedure of styrene/butadiene latex for usage in carpet and paper industries.
According to the report analysis, ‘Global Tert-Dodecylmercaptan (TDM) Market, 2021-2027’ states that Arkema S.A., Chevron Phillips Chemical Company LLC, Sanshin Chemical Industry Co., Ltd. and many more are the key entities which presently operating in the global tert-Dodecylmercaptan (TDM) market more proficiently for ruling around the globe, leading the highest market growth, registering the great value of market share, obtaining the competitive edge, generating the high percentage of revenue, and keep maintaining the governing position by spreading the awareness connected to the benefits and features of tert-dodecylmercaptan, increasing the applications and advantages of tert-dodecylmercaptan, establishing the countless research and development programs, improving the qualitative and quantitative measures of such, implementing the policies of government as well as similar entities, delivering the better consumer satisfaction and analysing the strategies and policies of government as well as similar entities.
The ‘Global Tert-Dodecylmercaptan Market’ research report is useful in conveying the answers to several critical questions that are imperative for the industry stakeholders such as manufacturers and partners, end users, etc., besides consenting them in strategizing investments and capitalizing on market openings.
On the basis of application, the global tert-dodecylmercaptan market is classified into packaging & paper, coating & adhesives, automotive & transportation and chemical & plastics. Whereas, it is predicted that automotive & transportation segment registered the market growth during the review duration owing to increase in disposable income of the customer, change in preferences of the customer, and shift in living style of the customer.
Region wise, the global tert-dodecylmercaptan market is scattered into dissimilar regions such as North America (U.S., Canada, Mexico, etc.), Asia-Pacific (China, Japan, India, Korea, Australia, Indonesia, Taiwan, Thailand, etc.), Europe (Germany, UK, France, Italy, Russia, Spain, etc.), Middle East & Africa (Turkey, Saudi Arabia, Iran, Egypt, Nigeria, UAE, Israel, South Africa, etc.), and South America (Brazil, Argentina, Colombia, Chile, Venezuela, Peru, etc.). Whereas, it is predicted that the North America region hold the major market share during the review duration owing to increment in demand for tert-dodecylmercaptan in the packaging & paper industry more significantly. Also, the Asia Pacific region dominate the handsome value of market share in the review duration owing to growth in for tert-dodecylmercaptan in the chemical & plastics and automotive & transportation industry.
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Factors such as massive increment in the coating & adhesives industry, increase in investment in countless research and development programs, increasing population, speedy urbanization and proficient growth in chemical & plastics industry. Although, the Europe region register the great value of market share owing to active functioning of key players and favorable policies of government. Therefore, in the near years, it is predicted that the market of tert-dodecylmercaptan will increase around the globe more proficiently over the near future.
For More Information, refer to below link:-
Global Tert-Dodecylmercaptan (TDM) Market Size and Share, 2021-2027
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