Synopsis
The global market for Ethyl Mercaptan was estimated to be worth US$ 10.1 million in 2024 and is forecast to a readjusted size of US$ 16.5 million by 2031 with a CAGR of 5.0% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Ethyl Mercaptan cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Ethanethiol, commonly known as ethyl mercaptan, is an organosulfur compound with the formula CH3CH2SH. It is a colorless liquid with a distinct odor. Abbreviated EtSH, it consists of an ethyl group (Et), CH3CH2, attached to a thiol group, SH. Its structure parallels that of ethanol, but with sulfur in place of oxygen. The odor of EtSH is infamous. Ethanethiol is more volatile than ethanol due to a diminished ability to engage in hydrogen bonding. Ethanethiol is toxic in high concentrations. It occurs naturally as a minor component of petroleum, and may be added to otherwise odorless gaseous products such as liquefied petroleum gas (LPG) to help warn of gas leaks. At these concentrations, ethanethiol is not harmful.
Ethyl Mercaptan (EM) is a niche yet strategically important chemical, primarily used as an odorant in liquefied petroleum gas (LPG), accounting for the majority of global demand. Its growth is closely tied to rising LPG consumption in emerging markets, particularly Asia-Pacific, driven by urbanization and clean cooking initiatives. While mature markets like North America and Europe show stable or slightly declining demand due to alternative odorants and stricter environmental norms, regions like Latin America and Africa offer untapped potential. Key challenges include EM’s high flammability, odor nuisance, and a concentrated supplier base, which create logistical and regulatory pressures.
This report aims to provide a comprehensive presentation of the global market for Ethyl Mercaptan, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Ethyl Mercaptan by region & country, by Type, and by Application.
The Ethyl Mercaptan market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ethyl Mercaptan.
Market Segmentation
By Company
Arkema
Chevron Phillips Chemical
Air Liquide
Segment by Type
Liquid
Gas
Segment by Application
Additives
Agrochemicals
Other
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Ethyl Mercaptan manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Ethyl Mercaptan in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Ethyl Mercaptan in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Index
Available Upon Request