Los Angeles, CA -- (SBWIRE) -- 03/24/2019 -- This study focuses on the production side and consumption side of Triazine, presents the global Triazine market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Triazine capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Triazine by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
A triazine is class of nitrogen-containing heterocycles. The parent molecules' molecular formula is C3H3N3. They exist in three isomeric forms, 1,3,5-triazines being common.
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MMA Triazine is a cyclic tertiary triamine. It is mainly used as a scavenger for sour gases like H2S and mercaptans in gaseous or liquid hydrocarbon streams.
MEA-triazine is the most commonly used chemistry for applications requiring a non-regenerative H2S scavenger. Other chemistries are available (MMA-triazine, glyoxal, zinc-based, iron-based, and others) but MEA-triazine has the highest market share because it is the lowest cost in use solution. Triazines are low cost in use despite the fact that the molar efficiency of the chemistry in capturing H2S is significantly below theoretical maximum efficiency.
For production, the NA consumption of triazine has reached 49 K MT by the end of year 2017, with annual growth rate around 1.5% during the past years. Growing attention has been raised in the application of triazine in medical and oil and gas industry, which makes it in fast development in recent years.
For the market, the global triazine market is worth over 157.54 Million USD, according to our survey. Actually, the market of triazine is far from mature. However, as production of raw materials like palm and coconuts are limited to Southeast Asia, the competition structure would not change significantly in the following years.
For price trend analysis, a key variable in the performance of triazine producers is raw material costs, specifically the speed at which any increase can be passed through to customers.
The Triazine market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Triazine.
This report includes the following manufacturers; we can also add the other companies as you want.
Hexion
Eastman
Stepan
DBWT
Baker Hughes
Dow Chemical
Ecolab
...
Market Segment by Product Type
1,3,5-triazine
1,2,3-triazine
1,2,4-triazine
Market Segment by Application
Medical Industry
Biological Energy Industry
Agriculture
Chemical Industry
Oil & Gas
Others
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