2-Acetylthiophene Market: By Purity (Purity (>99%), Purity (99%-95%), Purity (<95%)), End-User Industry (Pharmaceutical and Biotechnology, Food industry, Cosmetics and Personal Care Industry, Agriculture Industry, Flavor industry, Others), Application (Insecticides and Pesticides, Perfumes and Musks, Cosmetic Products, Pheromone traps, Animal feed additives, Others and Geography

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2-Acetylthiophene Market is poised to grow at a CAGR of 5.4% over 2023-2029. 2-Acetylthiophene is an organosulphur compound with the formula CH3C(O)C4H3S that is yellow in color, has a sulfury taste, and is an important intermediate in the manufacturing of drugs like Tiamonium Iodide, Suprofan, Stepronin, Tenonitrozole, Namirotene, etc. The rising demand for the chemical industry in order to produce several different compounds and pharmaceutical intermediates drives the 2-acetylthiophene market. According to the American Chemical Society, in 2017, the chemical industry’s total contribution to global GDP was $5.7 trillion, equivalent to 7% of the world’s GDP that year, and supported total number of jobs supported was 120 million. Furthermore, the increased research and developmental activities in the chemistry and pharmaceuticals sector to create specialty chemicals like 2-acetylthiophene are anticipated to propel the market during the forecast years. Additionally, the increased focus on sustainability and green chemistry has created several opportunities for manufacturers to develop eco-friendly products and cater to environmentally-conscious customers. Currently, compliance with stringent environmental and quality regulations among the major manufacturers has become quite famous in the market. But the volatility in the cost of raw materials and the demand from consumers, along with intense competition that leads to price wars and thinner profit margins may hinder market growth. However, the increasing disposable incomes, growing demand for high-quality animal feed additives, urbanization, and changing consumer preferences, are anticipated to burgeon the market growth during the forecast years.

2-Acetylthiophene Market Summary

Study Period


Base Year




Largest Market

Asia Pacific

Fastest Growing Market

Asia Pacific
2-Acetylthiophene Market Dynamics

The market is expected to rise as the increasing applications of 2-Acetylthiophene in the pharmaceutical sector. Demand is being driven by its medical properties, that include use in depression, inflammation, emesis, migraine, spasm, ulcer, fungal infection, and other allergies. A significant class of therapeutic drugs in medicinal chemistry are 2-acetyl thiophene market derivatives, which include anti-inflammatory, anti-allergic, anti-spasmodic, hepatic protectant, anti-depressant, uricosuric agent, and antifungal agents. Despite being a fairly tiny moiety, it fascinates scientists due to the wide range of biological activity exhibited both by the original compound and its numerous substituted derivatives. Activities related to drug development will boost market demand. Furthermore, the ongoing research on the possible advantages of 2-Acetylthiophene in different diseases is anticipated to lead to further market growth.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

2-Acetylthiophene Market Segmentation

By Purity
  • Purity (>99%)
  • Purity (99%-95%)
  • Purity (<95%)
By Application
  • Insecticides and Pesticides
  • Perfumes and Musks
  • Cosmetic Products
  • Pheromone traps
  • Animal feed additives
  • Others
By End User
  • Pharmaceutical and Biotechnology
  • Food Industry
  • Cosmetics and Personal Care Industry
  • Agriculture Industry
  • Flavor Industry
  • Perfume Industry
  • Others

Frequently Asked Questions

The 2-Acetylthiophene market is expected to grow at 5.4% CAGR over the forecast period 2023 – 2029.

The rising demand for the chemical industry in order to produce several different compounds and pharmaceutical intermediates drives the 2-acetylthiophene market.

TCI (Tokyo Chemical Industry), Acorn PharmaTech Product, Aaron Chemicals LLC, Acros Organics, Ark PharmInc., Hefei Hirisun Pharmatech Co.Ltd, Achemo Scientific Limited, Arvee labs, A.B. Enterprises, Alpha chemica are a few companies operating in 2-Acetylthiophene market.

North America dominates the market with 5.5% CAGR in 2022, and is anticipated to grow with 5.7% CAGR over the forecast period 2023-2029.

  • TCI (Tokyo Chemical Industry)
  • Acorn PharmaTech Product
  • Aaron Chemicals LLC
  • Acros Organics
  • Ark Pharm, Inc.
  • Hefei Hirisun Pharmatech Co., Ltd
  • Achemo Scientific Limited
  • Arvee labs
  • B. Enterprises
  • Alpha chemica