Top 10 Companies in the 2 3 5 Triiodo Benzoic Acid Industry (2025): Market Leaders Driving Agrochemical Innovation

In Business Insights
December 09, 2025


The Global 2 3 5 Triiodo Benzoic Acid (TIBA) Market was valued at USD 14.8 Million in 2024 and is projected to reach USD 20.1 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period (2024–2030). This growth is primarily driven by the increasing demand for high-yield agricultural products, the expansion of the agrochemical sector, and the rising adoption of advanced plant growth regulators in crop management.

As global agriculture intensifies to meet the food demands of a growing population, the focus sharpens on specialized chemicals that enhance crop productivity and efficiency. In this blog, we profile the Top 10 Companies in the 2 3 5 Triiodo Benzoic Acid Industry—a group of fine chemical manufacturers and agrochemical specialists that are pivotal in supplying this crucial plant growth regulator to markets worldwide.

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Global 2 3 5 Triiodo Benzoic Acid Market – View in Detailed Research Report


🔟 1. CM Fine Chemicals

Headquarters: Mumbai, Maharashtra, India
Key Offering: High-Purity 2 3 5 Triiodo Benzoic Acid (>97%)

CM Fine Chemicals is a leading global supplier of specialty chemicals, with a strong focus on agrochemical intermediates. The company has established a robust manufacturing and supply chain for TIBA, catering to the needs of formulators and agricultural companies seeking reliable, high-quality plant growth regulators.

Key Market Initiatives:

  • Investment in advanced purification technologies to ensure >97% purity levels

  • Strategic partnerships with agrochemical giants for bespoke TIBA formulations

  • Expansion of production capacity to meet growing global demand


9️⃣ 2. SUNMY Fine Chemical

Headquarters: Shanghai, China
Key Offering: TIBA Technical Grade, Custom Synthesis

SUNMY Fine Chemical specializes in the research, development, and production of fine chemicals and pharmaceutical intermediates. Their expertise in iodinated compounds positions them as a key player in the TIBA market, serving both domestic Chinese and international agricultural sectors.

Key Market Initiatives:

  • Focus on cost-effective manufacturing processes to maintain competitive pricing

  • Strong R&D capabilities for developing improved synthesis routes for TIBA


8️⃣ 3. Cuchem

Headquarters: Jiangsu, China
Key Offering: 2 3 5 Triiodo Benzoic Acid, Agrochemical Intermediates

Cuchem has built a reputation as a reliable manufacturer of chemical intermediates for the agrochemical industry. The company’s production of TIBA is integral to its portfolio, supporting the creation of plant growth regulators that help control plant architecture and improve crop yields.

Key Market Initiatives:

  • Vertical integration of raw material sourcing to ensure supply chain stability

  • Compliance with international quality standards for agrochemical products


7️⃣ 4. Hongfa

Headquarters: Tianjin, China
Key Offering: TIBA, Other Iodinated Benzoic Acid Derivatives

Hongfa is a specialized chemical company with a focus on halogenated compounds, including TIBA. The company serves a diverse clientele by providing high-purity intermediates essential for advanced agricultural solutions and other industrial applications.

Key Market Initiatives:

  • Development of environmentally friendly synthesis methods

  • Expansion of export markets in North America and Europe


6️⃣ 5. Ziyan Chemical

Headquarters: Shandong, China
Key Offering: 2 3 5 Triiodo Benzoic Acid, Custom Chemical Synthesis

Ziyan Chemical is engaged in the manufacturing and sales of a wide range of fine chemicals. Their production of TIBA supports the agrochemical industry’s need for effective plant growth regulators that can optimize resource use and maximize agricultural output.

Key Market Initiatives:

  • Implementation of stringent quality control measures throughout the production process

  • Collaboration with research institutions to explore new applications for TIBA

Download FREE Sample Report:
Global 2 3 5 Triiodo Benzoic Acid Market – View in Detailed Research Report


5️⃣ 6. Pindustry

Headquarters: Gujarat, India
Key Offering: TIBA, Specialty Agrochemicals

Pindustry has carved a niche in the fine chemicals sector with a strong emphasis on products for agriculture. Their expertise in TIBA manufacturing helps farmers and agribusinesses improve crop performance, particularly in leguminous plants and other high-value crops.

Key Market Initiatives:

  • Focus on sustainable and responsible chemical manufacturing practices

  • Building a robust distribution network across key agricultural regions


4️⃣ 7. Hangzhou Hyper Chemicals

Headquarters: Hangzhou, Zhejiang, China
Key Offering: High-Purity TIBA, Pharmaceutical Intermediates

While primarily known for pharmaceutical intermediates, Hangzhou Hyper Chemicals also produces high-purity TIBA for agrochemical applications. Their technical expertise in complex chemical synthesis allows them to produce TIBA with consistent quality and purity.

Key Market Initiatives:

  • Leveraging pharmaceutical-grade manufacturing standards for agrochemical products

  • Investment in R&D to optimize the TIBA production process


3️⃣ 8. Win-Win Chemical

Headquarters: Wuhan, Hubei, China
Key Offering: 2 3 5 Triiodo Benzoic Acid, Agrochemical Intermediates

Win-Win Chemical is a supplier of various chemical intermediates, including TIBA, to the global market. The company focuses on building long-term partnerships with clients by ensuring reliable supply and consistent product quality.

Key Market Initiatives:

  • Adapting production to meet the specific requirements of different regional markets

  • Active participation in international agrochemical exhibitions and trade fairs


2️⃣ 9. Vikram Thermo (India) Ltd.

Headquarters: Mumbai, Maharashtra, India
Key Offering: TIBA, Other Plant Growth Regulators

Vikram Thermo is an established player in the agrochemical sector, producing a range of specialty chemicals including TIBA. The company’s deep understanding of the agricultural market dynamics enables it to effectively serve the needs of formulators and end-users.

Key Market Initiatives:

  • Development of tailored TIBA-based solutions for specific crops and climatic conditions

  • Focus on educating farmers about the benefits of using plant growth regulators


1️⃣ 10. Capot Chemical Co., Ltd.

Headquarters: Hangzhou, Zhejiang, China
Key Offering: 2 3 5 Triiodo Benzoic Acid, Custom Manufacturing

Capot Chemical is a comprehensive supplier of fine chemicals and custom synthesis services. Their production of TIBA is part of a broader portfolio aimed at supporting innovation in the agrochemical industry through high-quality intermediates.

Key Market Initiatives:

  • Offering custom synthesis and packaging options for large-scale buyers

  • Maintaining a strong online presence and digital catalog for global accessibility

Get Full Report Here:
Global 2 3 5 Triiodo Benzoic Acid Market – View in Detailed Research Report


🌱 Outlook: The Future of 2 3 5 Triiodo Benzoic Acid Is Rooted in Sustainable Agriculture

The 2 3 5 Triiodo Benzoic Acid market is evolving in response to the pressing need for advanced agricultural solutions. As a potent plant growth regulator, TIBA’s role in improving crop yields and optimizing plant architecture positions it as a key component in modern farming practices, especially in the context of climate change and resource scarcity.

📈 Key Trends Shaping the Market:

  • Increasing adoption of precision agriculture and advanced crop management techniques

  • Growing demand for plant growth regulators in emerging economies with expanding agricultural sectors

  • R&D focus on developing more efficient and environmentally benign TIBA synthesis methods

  • Expansion of application areas for TIBA beyond traditional crops to horticulture and floriculture

Get Full Report Here:
Global 2 3 5 Triiodo Benzoic Acid Market – View in Detailed Research Report

The companies profiled are not only supplying a critical agrochemical intermediate—they are enabling the advancement of global food security through innovative chemical solutions.