News Release: July 29, 2025
Methyl-2-mercaptobenzimidazole Price, Production, Latest News and Developments in 2025
Methyl-2-mercaptobenzimidazole price trend and production News
Methyl-2-mercaptobenzimidazole Price Trend in Past Five Years and Factors Impacting Price Movements (2019–2024)
Between 2019 and 2024, the global price of Methyl-2-mercaptobenzimidazole exhibited considerable fluctuations, impacted by raw material volatility, energy prices, supply chain constraints, and demand from downstream industries. The compound, widely used in rubber chemicals, pharmaceutical intermediates, and corrosion inhibitors, saw price dynamics driven by industrial activities across Asia-Pacific and Europe.
In 2019, Methyl-2-mercaptobenzimidazole was priced at approximately $4,300/MT. Stable raw material costs and consistent demand kept prices relatively steady throughout the year. However, the onset of the COVID-19 pandemic in early 2020 caused abrupt disruptions in both supply and logistics. This led to reduced production capacity in China and India, major manufacturing hubs, resulting in price escalation. By Q3 2020, prices surged to nearly $4,900/MT due to global shipment delays and feedstock shortages.
In 2021, prices began to stabilize as production resumed in many regions. However, inflationary pressures and soaring energy costs in Europe contributed to price volatility. Q2 2021 saw the compound priced around $5,000/MT, before dropping marginally to $4,750/MT in Q4. The trend continued into 2022, with geopolitical tensions such as the Russia-Ukraine conflict and rising fuel prices once again pushing prices upward. The average price of Methyl-2-mercaptobenzimidazole in 2022 was around $5,300/MT.
By 2023, improved logistics and trade normalization contributed to a marginal price decline. Q1 2023 recorded average pricing of $5,100/MT, dropping to $4,850/MT in Q4. Still, cost pressures from solvent and intermediate suppliers, coupled with labor shortages in Southeast Asia, kept prices above pre-pandemic levels.
In 2024, the market witnessed a more balanced trend. While demand remained steady, especially from the automotive rubber and industrial chemical sectors, manufacturers increased capacities to align with global demand. Q3 2024 prices hovered around $4,700/MT. Analysts noted that the Methyl-2-mercaptobenzimidazole price trend in 2024 was significantly influenced by export subsidies in China, anti-dumping measures in Europe, and increased domestic consumption in Brazil.
Methyl-2-mercaptobenzimidazole Price Trend Quarterly Update in $/MT (Estimated)
2025 Quarterly Price Estimates:
- Q1 2025: $4,750/MT
- Q2 2025: $4,820/MT
- Q3 2025: $4,930/MT
- Q4 2025: $5,020/MT
The Methyl-2-mercaptobenzimidazole price news from the first half of 2025 indicated a steady upward movement primarily due to increased costs in transportation and raw material procurement. Rising costs of precursors such as o-phenylenediamine and methyl isothiocyanate contributed to the elevated pricing. Market watchers expect continued firming in Q3 and Q4, as new environmental regulations in Asia raise compliance costs, directly impacting production expenses.
Moreover, the latest Methyl-2-mercaptobenzimidazole news highlights that some large buyers from the U.S. and EU are shifting their procurement strategy to reduce dependence on a single geography, increasing bulk purchase agreements that may also raise short-term pricing.
Global Methyl-2-mercaptobenzimidazole Import-Export Business Overview
The global Methyl-2-mercaptobenzimidazole market has become increasingly dynamic over the last five years. From a trade volume standpoint, the global Methyl-2-mercaptobenzimidazole sales volume in 2024 was estimated at around 39,000 metric tons, with projections showing an upward trajectory due to growing industrial demand in Asia-Pacific, particularly from India, China, and South Korea.
In terms of production, China remains the dominant exporter, accounting for nearly 58% of global output. Major manufacturers in the provinces of Jiangsu and Zhejiang have upgraded their infrastructure, incorporating more sustainable production technologies. Export volumes from China grew by 6% in 2024 compared to the previous year, despite regulatory tightening.
India follows as the second-largest exporter, contributing around 22% of the global Methyl-2-mercaptobenzimidazole Production. Indian firms have leveraged cost-efficient production and strategic partnerships with European buyers, increasing their share in the EU market. The Methyl-2-mercaptobenzimidazole price news in India for 2025 highlights modest hikes, driven by rising logistics charges and growing domestic demand.
European nations, while historically reliant on imports, have started investing in small-scale, localized production due to stricter import regulations. Germany and France have emerged as key consumers, primarily for rubber chemical applications. However, Europe remains a net importer, sourcing over 70% of its Methyl-2-mercaptobenzimidazole from Asia.
The United States represents another major import market. With stringent quality control norms, U.S.-based buyers have increasingly turned to certified suppliers in Japan and South Korea. In 2024, the U.S. imported over 5,200 MT of Methyl-2-mercaptobenzimidazole, marking a 9% rise from 2023. The Methyl-2-mercaptobenzimidazole price trend in the U.S. is highly susceptible to geopolitical factors and currency fluctuations, as noted by Q2 2025 trade analysis.
On the export front, China recorded a significant milestone in Q2 2025 by signing a long-term supply contract with a Middle Eastern distributor, ensuring stable Methyl-2-mercaptobenzimidazole sales volume growth through 2028. This development was one of the major headlines in recent Methyl-2-mercaptobenzimidazole news. With this move, China aims to solidify its influence over the Middle East and North Africa markets, which are seeing rapid industrial growth.
Meanwhile, Brazil, Mexico, and Argentina have shown increasing import activity. Latin America’s industrialization push and supportive import policies have driven interest in Methyl-2-mercaptobenzimidazole, especially in rubber processing and protective coating sectors. The average import price for the region in Q1 2025 was approximately $5,150/MT.
In Africa, South Africa and Egypt are emerging as small but fast-growing markets. Their demand is largely satisfied through imports from India. The key challenge remains the lack of local production infrastructure, which leaves the continent highly dependent on external markets and subject to global pricing shifts.
Southeast Asian countries like Vietnam, Indonesia, and Thailand are beginning to participate more actively in the Methyl-2-mercaptobenzimidazole trade. While they currently lack large-scale production facilities, favorable trade agreements and investments in chemical parks suggest they could evolve into regional hubs over the next five years.
Market participants closely watch Methyl-2-mercaptobenzimidazole price news to anticipate the next strategic moves. Several countries are now in discussion for free trade agreements aimed at reducing tariffs and improving import-export logistics, which could significantly impact Methyl-2-mercaptobenzimidazole sales volume globally.
In conclusion, the Methyl-2-mercaptobenzimidazole production landscape in 2025 is characterized by consolidation in Asia, demand expansion in Latin America and Africa, and stricter trade compliance in North America and Europe. The Methyl-2-mercaptobenzimidazole price trend remains upward in the short term, driven by cost inflation and supply-side constraints. However, improved trade routes, logistics innovation, and digital procurement platforms are expected to streamline global business and stabilize prices by mid-2026.
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Methyl-2-mercaptobenzimidazole Production Trends by Geography
The production of Methyl-2-mercaptobenzimidazole is concentrated in specific industrial regions globally, driven by the availability of raw materials, established chemical manufacturing infrastructure, and favorable regulatory conditions. As of 2025, the key geographies influencing the global production landscape include China, India, Europe, the United States, and a few emerging markets in Southeast Asia and Latin America.
China
China continues to dominate the global production of Methyl-2-mercaptobenzimidazole, contributing to over half of the total global output. The country has a well-developed chemical manufacturing ecosystem, with several large-scale plants located in Jiangsu, Shandong, and Zhejiang provinces. These areas benefit from strong logistics infrastructure and easy access to essential raw materials like o-phenylenediamine and methyl isothiocyanate.
In recent years, China has made considerable investments in upgrading its manufacturing facilities to comply with new environmental regulations. This shift has increased production costs slightly, but the country has compensated by increasing production volumes and expanding its export base. Moreover, strategic supply agreements with countries in the Middle East, Africa, and Southeast Asia have reinforced China’s position as a global leader.
India
India ranks as the second-largest producer of Methyl-2-mercaptobenzimidazole. The country’s strong presence in pharmaceutical and specialty chemical manufacturing supports robust production activities. Maharashtra, Gujarat, and Andhra Pradesh are the central hubs for chemical production, and these regions house most of the Methyl-2-mercaptobenzimidazole manufacturers.
Indian producers have gained a competitive edge due to low labor costs, abundant technical expertise, and supportive government initiatives. Export volumes from India have increased substantially in the past three years, with rising demand from Europe and Latin America. Additionally, the Make-in-India initiative and ongoing infrastructure developments have enhanced the capacity and quality standards of domestic producers.
Europe
Europe, though primarily an importer, has limited localized production in countries like Germany and France. The production scale is relatively small due to strict environmental norms and high operational costs. However, local manufacturers focus on producing high-purity Methyl-2-mercaptobenzimidazole for pharmaceutical and medical applications. These products cater to niche markets with stringent quality requirements.
Recent developments suggest a renewed interest in expanding localized manufacturing due to growing concerns around global supply chain dependencies. Investment in research-driven chemical synthesis and sustainable production is increasing in Western Europe.
United States
The United States has a modest level of domestic production of Methyl-2-mercaptobenzimidazole, largely driven by demand from the automotive and industrial rubber sectors. Texas and Louisiana are key regions where chemical manufacturing clusters support the synthesis of this compound.
However, a significant portion of U.S. demand is still met through imports from Asia. To reduce dependency, a few domestic manufacturers are now exploring production expansions and joint ventures with overseas companies. Increased investment in sustainable technologies and automation is also underway to improve cost efficiency.
Southeast Asia
Countries such as Thailand, Vietnam, and Indonesia are emerging as new players in the Methyl-2-mercaptobenzimidazole production space. Although their current production volumes are relatively low, favorable government policies, increasing foreign investments, and growing regional demand are contributing to the development of local manufacturing units.
Thailand is particularly active, with its Eastern Economic Corridor offering tax incentives and infrastructure support for chemical industries. Over the next five years, this region is expected to become a significant contributor to the global supply chain.
Latin America
Brazil and Mexico are exploring the establishment of local production capacities for Methyl-2-mercaptobenzimidazole to reduce import dependency. The demand for rubber additives and corrosion inhibitors is rising due to increased industrial activity. Several initiatives for public-private partnerships are currently under review, aimed at building domestic chemical production parks.
Africa
While Africa does not have significant Methyl-2-mercaptobenzimidazole production currently, countries like South Africa and Egypt have expressed interest in developing small-scale production units. Most of the continent still relies heavily on imports from Asia, but long-term industrialization plans could change this in the future.
In summary, the global production trends of Methyl-2-mercaptobenzimidazole in 2025 are characterized by regional expansions, compliance upgrades, and technological innovation. China and India remain dominant players, while emerging regions are making strategic moves to capture future demand and improve supply chain resilience.
Methyl-2-mercaptobenzimidazole Market Segmentation
Key Segments:
- By Application
- Rubber Chemicals
- Corrosion Inhibitors
- Pharmaceutical Intermediates
- Dyes and Pigments
- Others
- By End-Use Industry
- Automotive
- Pharmaceuticals
- Construction
- Oil & Gas
- Chemicals
- By Purity
- ≥ 99%
- < 99%
- By Region
- Asia-Pacific
- Europe
- North America
- Latin America
- Middle East & Africa
Explanation of Leading Segments
The global Methyl-2-mercaptobenzimidazole market in 2025 is segmented based on application, end-use industry, purity, and geography. Among these, the application and end-use industry segments are the most influential in determining market dynamics.
Application Segment
The rubber chemicals segment dominates the application landscape, accounting for the largest share of Methyl-2-mercaptobenzimidazole consumption. The compound is widely used as an antioxidant and accelerator in rubber production, enhancing durability and resistance to oxidation. Demand is particularly strong from the tire manufacturing industry, which continues to grow with the expanding automotive sector, especially in Asia-Pacific.
The corrosion inhibitors segment is the second most prominent application area. Methyl-2-mercaptobenzimidazole is used in industrial systems to protect metal surfaces against rust and degradation. Its application is critical in the oil & gas industry, water treatment, and heavy machinery, where equipment longevity is essential. The segment is expected to grow steadily, driven by infrastructure investments and the need for equipment maintenance.
In the pharmaceutical intermediates category, the compound finds applications in the synthesis of active pharmaceutical ingredients (APIs). Although the volume consumed in this segment is relatively lower, the purity standards required are higher, which supports premium pricing. Europe and North America are the primary regions demanding pharmaceutical-grade Methyl-2-mercaptobenzimidazole.
End-Use Industry Segment
Among end-use industries, the automotive sector remains the largest consumer due to the high demand for rubber additives. With the global expansion of electric vehicles and hybrid cars, there is sustained interest in lightweight, durable rubber materials. Methyl-2-mercaptobenzimidazole plays a vital role in maintaining the performance of these materials under varying environmental conditions.
The pharmaceutical industry constitutes another vital end-use sector, particularly in high-purity applications. Growing investments in drug development and the global focus on healthcare systems post-COVID-19 are boosting the demand for specialty chemicals used in drug synthesis.
The construction industry uses Methyl-2-mercaptobenzimidazole in applications such as concrete admixtures and coatings, where corrosion resistance is critical. The rising trend of infrastructure modernization in emerging economies has led to increased consumption in this segment.
In the oil & gas sector, the compound is used as a corrosion inhibitor for pipelines, refineries, and offshore rigs. The industry continues to drive demand in the Middle East, North America, and Russia.
Purity Segment
The market is divided into ≥99% and <99% purity grades. The high-purity segment caters to pharmaceutical and electronic applications where contamination levels must be minimal. The <99% segment dominates overall sales volume, serving the rubber and industrial sectors where high purity is not essential.
Geographical Segment
Asia-Pacific leads the market in terms of both production and consumption. China and India are the major contributors due to their extensive industrial base. Europe follows, particularly in pharmaceutical and corrosion protection applications. North America shows strong demand in automotive and oil & gas segments. Latin America and Middle East & Africa are emerging regions with growing industrial infrastructure and rising demand for rubber and specialty chemicals.