The Global Synthetic Polythiols Market was valued at USD 895.7 Million in 2024 and is projected to reach USD 1,285.4 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.2% during the forecast period (2024–2030). This robust growth is fueled by the escalating demand for high-performance coatings, advanced adhesives, and durable construction materials across various end-use industries, particularly in the rapidly industrializing economies of the Asia-Pacific region.

As industries worldwide push for materials that offer superior durability, chemical resistance, and faster curing times, synthetic polythiols have emerged as a critical component in formulating next-generation products. In this blog, we profile the Top 10 Companies in the Synthetic Polythiols Industry—a diverse group of chemical giants, specialty manufacturers, and innovation leaders shaping the market’s future.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: A wide portfolio of polythiols for coatings, adhesives, and construction applications.

BASF is a global leader in the chemical industry and a major supplier of high-performance polythiols. Their products are integral to creating epoxy-based systems that require enhanced mechanical properties, weather resistance, and rapid curing cycles, serving the automotive, aerospace, and industrial coatings sectors.

Innovation & Sustainability Initiatives:

• Development of low-VOC (Volatile Organic Compound) polythiol formulations.
• Investment in bio-based raw material research for sustainable polythiol production.
• Commitment to carbon-neutral growth ambitions by 2030.

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Global Synthetic Polythiols Market – View in Detailed Research Report

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9️⃣ 2. Bruno Bock Chemische Fabrik GmbH & Co. KG

Headquarters: Marschacht, Germany
Key Offering: Thiocure® brand polythiols, including general and pre-catalyzed types.

Bruno Bock is a globally recognized specialty chemical company renowned for its expertise in sulfur chemistry. Its Thiocure® product line is specifically engineered as curing agents for epoxy resins, delivering excellent flexibility, adhesion, and chemical resistance for demanding applications in sealants and composites.

Innovation & Sustainability Initiatives:

• Focus on high-purity, consistent-quality polythiols for critical applications.
• Ongoing R&D to expand product range for electronics and optical industries.

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8️⃣ 3. Arkema Group

Headquarters: Colombes, France
Key Offering: Specialty polythiols under its Sartomer® and other advanced materials divisions.

Arkema is a key player in advanced materials, offering innovative polythiol solutions that enhance the performance of coatings, adhesives, and 3D printing resins. Their products are known for enabling fast curing at low temperatures and improving the final product’s toughness.

Innovation & Sustainability Initiatives:

• Development of polythiols for UV/EB (electron beam) curable systems.
• Strong focus on creating sustainable material solutions aligned with circular economy principles.

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7️⃣ 4. Toray Industries, Inc.

Headquarters: Tokyo, Japan
Key Offering: High-performance polythiols for electronics, aerospace composites, and specialty coatings.

Toray Industries leverages its deep expertise in polymers and advanced materials to produce sophisticated polythiols. These materials are critical in manufacturing high-grade printed circuit boards, aerospace components, and other applications where exceptional thermal and mechanical stability are paramount.

Innovation & Sustainability Initiatives:

• R&D focused on polythiols for next-generation 5G communications equipment.
• Commitment to reducing environmental impact through green chemistry initiatives.

Download FREE Sample Report:
Global Synthetic Polythiols Market – View in Detailed Research Report

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6️⃣ 5. AkzoNobel N.V.

Headquarters: Amsterdam, Netherlands
Key Offering: Polythiol-based curing agents for marine, protective, and industrial coatings.

As a leading global paints and coatings company, AkzoNobel utilizes polythiols extensively in its product formulations. Their expertise lies in creating coating systems that offer superior corrosion protection, longevity, and rapid curing, which is essential for infrastructure and marine applications.

Innovation & Sustainability Initiatives:

• Development of polythiol-enabled coatings with reduced environmental footprint.
• Active participation in industry consortia to advance sustainable coating technologies.

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5️⃣ 6. Evonik Industries AG

Headquarters: Essen, Germany
Key Offering: Specialty crosslinkers and additives, including polythiol derivatives.

Evonik is a specialist in specialty chemicals, providing innovative solutions that include polythiol-based products for enhancing the performance of adhesives, sealants, and composites. Their products are designed to meet stringent industry requirements for durability and performance.

Innovation & Sustainability Initiatives:

• Investment in research for bio-based and renewable raw materials.
• Focus on creating solutions that enable lightweight construction and energy efficiency.

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4️⃣ 7. Merck KGaA

Headquarters: Darmstadt, Germany
Key Offering: High-purity polythiols for electronic materials and life science applications.

Through its Performance Materials division, Merck supplies ultra-pure polythiols critical for the electronics industry, particularly in the production of semiconductors and display technologies. Their materials ensure high reliability and performance in microelectronic components.

Innovation & Sustainability Initiatives:

• Pioneering research in polythiols for organic electronics and advanced display systems.
• Strong commitment to sustainable operations and product stewardship.

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3️⃣ 8. Gabriel Performance Products

Headquarters: Akron, Ohio, USA
Key Offering: Specialty curing agents and polythiols for epoxy and polyurethane systems.

Gabriel Performance Products, a subsidiary of Italmatch Chemicals, is a prominent North American supplier of specialty additives. The company offers a range of polythiols that act as effective crosslinkers, providing improved flexibility and chemical resistance in composite and coating applications.

Innovation & Sustainability Initiatives:

• Development of customized polythiol solutions for specific customer requirements.
• Focus on enhancing product performance while maintaining regulatory compliance.

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2️⃣ 9. ITW Polymers Sealants North America

Headquarters: Danvers, Massachusetts, USA
Key Offering: Formulated sealants and adhesives utilizing polythiol chemistry.

ITW Polymers is a key formulator and manufacturer of high-performance sealants and adhesives for the construction and industrial markets. The company leverages polythiol chemistry to create products with exceptional adhesion, durability, and resistance to environmental stressors.

Innovation & Sustainability Initiatives:

• Focus on developing non-hazardous, user-friendly sealant formulations.
• Investment in manufacturing efficiency and waste reduction.

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1️⃣ 10. Seidler Chemical Co., Inc.

Headquarters: North Bergen, New Jersey, USA
Key Offering: A broad distribution network for chemical raw materials, including polythiols.

Seidler Chemical operates as a leading distributor and supplier of specialty chemicals in North America. The company provides essential supply chain services, making a wide array of polythiols from various manufacturers accessible to a diverse customer base across multiple industries.

Innovation & Sustainability Initiatives:

• Strategic partnerships with global polythiol producers to ensure supply stability.
• Commitment to responsible sourcing and distribution practices.

Get Full Report Here:
Global Synthetic Polythiols Market – View in Detailed Research Report

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🌍 Outlook: The Future of Synthetic Polythiols Is High-Performance and Sustainable

The synthetic polythiols market is experiencing a significant transformation, driven by the dual demands of enhanced material performance and environmental responsibility. While traditional applications continue to dominate consumption, the industry is increasingly investing in green chemistry and bio-based alternatives to meet stringent regulatory standards and consumer preferences.

📈 Key Trends Shaping the Market:

• Rising demand for low-VOC and environmentally friendly formulations in coatings and adhesives.
• Expansion of application scope in the rapidly growing renewable energy sector, particularly in wind turbine blade composites.
• Increasing adoption in the electronics industry for advanced encapsulation and underfill materials.
• Strategic collaborations between chemical companies and end-users to develop customized solutions.

Get Full Report Here:
Global Synthetic Polythiols Market – View in Detailed Research Report

The companies listed above are not only supplying essential chemical building blocks—they are actively pioneering the development of smarter, more sustainable materials for a wide range of global industries.