Methanethiol Market is estimated to be valued at USD 10.4 Bn in 2025 and is expected to reach USD 15.13 Bn by 2032, growing at a compound annual growth rate (CAGR) of 5.5% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 10.4 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
5.50%
2032 Value Projection:
USD 15.13 Bn
Methanethiol, also known as methyl mercaptan, is a volatile organic compound characterized by its distinct sulfur-like odor. It is commonly used as a flavoring agent in the food and beverage industry, a fragrance ingredient in perfumes and personal care products, a precursor in the production of pesticides for crop protection, and as an odorant in natural gas to aid in leak detection for safety purposes.
Market Dynamics:
Growth of the chemical industry, advancements in agriculture techniques, increasing consumer preferences for novel flavors and scents, and the rising global population and food demand are major factors expected to drive growth of the global methanethiol market during the forecast period. Methanethiol is an important volatile organic sulfur compound in the global sulfur cycle, and it is involved in various processes related to sulfur in marine bacterioplankton and the production of metal sulfides. Methanethiol has been shown to have inhibitory effects on certain methanotrophic strains, and its toxicity can adversely affect methanotrophy and growth. Methanethiol is classified as an alkanethiol and has a role as a human metabolite and a Saccharomyces cerevisiae metabolite. This compound's diverse roles and applications underscore its importance in various scientific and industrial contexts. Methanethiol is the principal component responsible for the aroma of certain products, such as Cheddar cheese. It plays a crucial role in analytical chemistry, particularly in the qualitative inorganic analysis of metal ions.
However, safety and handling concerns, environmental impact and sustainability, availability, and cost of feedstock are expected to hamper the growth of the global methanethiol market over the forecast period.
Key features of the study:
This report provides in-depth analysis of the global methanethiol market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period 2025-2032, considering 2024 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global methanethiol market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Chevron Phillips Chemical Company, BASF SE, Evonik Industries AG, Arkema Group, Solvay SA, Taizhou Sunny Chemical Co., Ltd., Prasol Chemicals Pvt. Ltd., TCI Chemicals (Tokyo Chemical Industry Co., Ltd.), Apollo Scientific Ltd., Sasol Ltd., Merck KGaA, Lanxess AG, Zhejiang Weihua Chemical Co., Ltd., Tokyo Chemical Industry UK Ltd
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global methanethiol market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global methanethiol market.
Detailed Segmentation:
By Application:
Flavoring Agent
Fragrance Ingredient
Pesticide Precursor
Odorant
By End Use Industry:
Food and Beverage
Flavors and Fragrances
Agriculture
Chemicals
By Region:
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
Company Profiles:
Chevron Phillips Chemical Company
BASF SE
Evonik Industries AG
Arkema Group
Solvay SA
Taizhou Sunny Chemical Co., Ltd.
Prasol Chemicals Pvt. Ltd.
TCI Chemicals (Tokyo Chemical Industry Co., Ltd.)
Apollo Scientific Ltd.
Sasol Ltd.
Merck KGaA
Lanxess AG
Zhejiang Weihua Chemical Co., Ltd.
Tokyo Chemical Industry UK Ltd.
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Global Methanethiol, By Application
Market Global Methanethiol, By End Use Industry
Market Global Methanethiol, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Growth of the chemical industry, advancements in agriculture techniques, increasing consumer preferences for novel flavors and scents
Safety and handling concerns, environmental impact and sustainability, availability and cost of feedstock
Rising global population and food demand
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario
4. Global Methanethiol Market - Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Methanethiol Market, By Application, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Flavoring Agent
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Fragrance Ingredient
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Pesticide Precursor
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Odorant
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
6. Global Methanethiol Market, By End Use Industry, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Food and Beverage
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Flavors and Fragrances
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Agriculture
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Chemicals
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
7. Global Methanethiol Market, By Region, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(US$ Bn)
U.S.
Canada
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(US$ Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(US$ Bn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Region, 2020-2032,(US$ Bn)