Thionyl Chloride Market - Top Companies and Manufacturers

  • Report ID: 6623
  • Published Date: Oct 30, 2024
  • Report Format: PDF, PPT

Companies Dominating the Thionyl Chloride Landscape

    The market is highly competitive, with companies such as Lanxess AG, CABB Group, and Jiangxi Selon Industrial Co., Ltd., among others, looking into capacity expansion, mergers, and acquisitions, as well as new product development in order to enhance their respective market positions. For example, In February 2022, CABB Group recently expanded the production facility in Pratteln, Switzerland, to manufacture more high-purity thionyl chloride. Such an expansion is expected to cater to the increasing pharmaceutical and agrochemical sectors' demand for high-grade reagents. The move by the company is to keep pace with the increasing competition in the market and to stay ahead of competitors as major players increase their capabilities to capture larger portions of the market and better adapt to global demand trends.

    Here are some leading players in the thionyl chloride market:

    •  Angene International Limited
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Aurora Fine Chemicals LLC
    • CABB Group
    • Changzhou Xudong Chemical
    • ChemTik
    • China Pingmei Shenma Group
    • Chuyuan Group
    • Jiangxi Selon Industrial Co. Ltd.
    • Lanxess AG
    • Shandong Kaisheng New Materials Co. Ltd.
    • Shangyu Wolong Chemical
    • Sichuan Boxing
    • Sigma Aldrich Co. LLC
    • Sumitomo Seika Chemicals Co. Ltd.

Browse Key Market Insights with Data Illustration:

In the News

  • In August 2024, China Pingmei Shenma Holding Group acquired an 80.2% stake in Pingmei Longji New Energy Technology from Henan Yicheng New Energy for approximately CNY 870 million. The acquisition aligns with Pingmei Shenma’s goals to expand its renewable energy and photovoltaic technology offerings, which includes integrating advanced raw materials like thionyl chloride for energy storage solutions. The deal awaits shareholder approval and reflects China Pingmei's ambition to strengthen its presence in the energy and materials sector.
  • In June 2024, at Battery Show Europe, LANXESS launched its advanced materials specifically engineered for lithium-ion batteries. This includes key raw materials like thionyl chloride, essential in the production of battery electrolytes. The portfolio supports Europe’s push for local, sustainable supply chains and lowered carbon emissions, with LANXESS’s materials facilitating safer and more efficient battery cooling, recycling, and production processes. By bolstering regional manufacturing independence, LANXESS emphasizes thionyl chloride’s critical role in electrolyte formulation for lithium batteries.

Author Credits:  Rajrani Baghel


  • Report ID: 6623
  • Published Date: Oct 30, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The thionyl chloride market size is USD 643 million in 2024.

The global thionyl chloride market size is valued at US 643 million in 2024 and is anticipated to surpass USD 1.13 billion by the end of 2037, rising at a CAGR of 4.5% over the forecast period, i.e., 2025-2037.

Key players in the market include ChemTik, China Pingmei Shenma Group, Chuyuan Group, Jiangxi Selon Industrial Co. Ltd., Angene International Limited, Aurora Fine Chemicals LLC, CABB Group, Changzhou Xudong Chemical, Lanxess AG, Shandong Kaisheng New Materials Co. Ltd., Shangyu Wolong Chemical, and Sichuan Boxing.

The technical grade segment is anticipated to hold a leading share during the forecast period.

North America is anticipated to dominate the industry with a share of 32.3% during the forecast period.
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