Analysis on Thiazophos Market Structure and Direction

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Publish time: 10th December, 2024      Source: CCM
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  Product Application

  Thiazophos is mainly used for controlling nematodes in farmlands, orchards and other places. Its formulated products include thiazophos single-agent and thiazophos compound agents, etc. It has a relatively good control effect on root-knot nematodes and is one of the main agents for nematode prevention and control.

   

  Market Situation - CCM Pesticide Industry News/Reports

  Currently, there is a strong demand for thiazophos in the market. As people's requirements for the quality and yield of crops increase and the awareness of nematode prevention and control is enhanced, the market demand for thiazophos is expected to continue to grow.

  The production capacity of the thiazophos technical material is about 1,000 tons. The manufacturers are mainly distributed in Shandong, Tianjin, Henan, Hebei and other places. Among them, Hebei Sannong has the highest annual production capacity, which is 300 tons. In addition, Hebei Yuanrong Biotechnology Co., Ltd. is expected to put into production 1,000 tons of thiazophos technical material and 500 tons of core thiazophos intermediates. The gradual release of production capacity will boost the development of the nematode control market.

  The report released by the research team of QYResearch shows that the main enterprises in the global thiazophos formulation market include ISK, Hebei Veyong Bio-Chemical Co., Ltd., Jiangxi Heyi Chemical Co., Ltd., Hebei Sannong, Jiangsu Harvest-Chem Co., Ltd., Mercer Corporation, Shandong Hailir Pesticides and Chemicals Co., Ltd., Syngenta, etc.

  From a global perspective, in 2023, the top 5 producers occupied a certain market share, showing a certain degree of industry concentration.

   

  Upstream and Downstream Situation - CCM Industry Research Reports

  Upstream:

  The main raw materials of thiazophos include basic chemical raw materials such as phosphorus, sulfur and ammonia. Their supply is relatively stable, and there are numerous suppliers in the market. However, the prices of these raw materials are greatly affected by the international market and the domestic macroeconomic situation. Price fluctuations in December may affect the production cost of thiazophos.

  The production technology and market supply situation of key intermediates such as 2-thiazolidinone are crucial to the production of thiazophos. Some enterprises independently research, develop and produce intermediates to ensure supply and quality. According to the news on November 25, 2024, Hebei Zerun Chemical Co., Ltd. plans to invest in the construction of a project with an annual output of 1,200 tons of 2-thiazolidinone and other intermediates. It is expected to be completed within 12 months, which will provide more intermediate support for the production of thiazophos.

   

  Downstream:

  December is in winter. In some vegetable growing areas in southern regions and some winter fruit growing areas, such as vegetable bases in Hainan and flower and fruit bases in Yunnan, there is still a certain demand for nematode control to ensure the normal growth and quality of crops in winter. Therefore, the market demand for thiazophos still exists.

  Agricultural growers, agricultural cooperatives, farms and pesticide dealers in the downstream will purchase and use thiazophos products in December according to the local planting situation and nematode control needs. In some areas where nematode damage is relatively serious, relevant products will be reserved in advance to cope with nematode control work after the beginning of spring next year.

   

  Future Trends

  QYResearch indicates that the global thiazophos formulation market sales reached 3.6 billion yuan in 2023 and are expected to reach 4.5 billion yuan in 2030. The compound annual growth rate from 2024 to 2030 is 3.1%, showing a good growth trend. The Chinese market will also continue to expand accordingly.

  Among the major regions in the world, the Asia-Pacific and South America regions have the fastest growth in compound annual growth rate and are the main driving forces for market growth. The Chinese market has changed rapidly in the past few years and will further expand in the future, and its global share will increase.

  

  If you are concerned about the pesticide industry, you can query relevant reports on our website : 

  Production projects of China's pesticide industry in 2024
Financial Analysis of Chinese Listed Pesticide Enterprisesin H1 2024
Mergers and Acquisitions in Chinese Pesticide Industryin H2 2023-H1 2024
Production and Export of Clethodim in China 2024
Pesticide Price Analysis in Chinain Jan.–June 2024

  

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