Thionyl Chloride Market Analysis

Grade (Technical Grade, Pharmaceutical Grade)

By 2037, technical grade segment is expected to capture over 67.5% thionyl chloride market share due to its extensive use in industrial applications where ultra-high purity may not be required. Technical grade thionyl chloride is widely used in the preparation of dyes, pigments, and as a chlorinating agent in various chemical processes. For example, Angene International announced in January 2022 that it expanded into technical-grade chemical specialties targeting niche and emerging end-markets. This reflects the demand in the market to keep pace with cost-advantaged technical-grade chemicals suitable for large-scale industrial use. Such expansions emphasize the growing role of thionyl chloride in regions that continue to expand production in the chemical industry.

Application (Agrochemicals, Pharmaceuticals, Dyes & Pigments, Organic Synthesis, Batteries)

In thionyl chloride market, organic synthesis segment is expected to account for more than 25.2% revenue share by the end of 2037 due to significant applications in synthesizing a variety of organic compounds. Thionyl chloride plays a vital role in the production of carboxylic acids and in the chlorination of alcohols and amines. The chemical and pharmaceutical industries, which demand huge amounts of organic synthesis products, significantly contribute to the importance of this segment. BASF SE announced in March 2022 that it is continuing to modernize its Verbund site in Ludwigshafen, Germany, investing heavily in the low three-digit million euro range on production facilities for chloroformates and acid chlorides. Furthermore, reagents such as thionyl chloride play a huge role in supporting efficient and scalable organic synthesis.

Our in-depth analysis of the thionyl chloride market includes the following segments: