Los Angeles, CA -- (SBWire) -- 04/16/2019 --Cyanuric acid or 1,3,5-triazine-2,4,6-triol is a chemical compound with the formula (CNOH)3. Like many industrially useful chemicals, this triazine has many synonyms. This white, odorless solid finds use as a precursor or a component of bleaches, disinfectants, and herbicides.
World of Cyanuric Acid production presents four characteristics: one is less production countries and regions, and regional development imbalance, China, the United States, Germany, Japan and China's Taiwan region total production capacity of more than 85% of the world's total production capacity. The second is capacity more concentrated, and the world more than 75% of capacity is concentrated in China.
In recent years, preparation Cyanuric Acid with chemical split method is developing very rapidly, and has been used in industrial production. Asian is the major production region to produce Cyanuric Acid. What's more, the price of raw material continues to decline as the price of global oil decline, result of the low price of Cyanuric Acid.
CYANURIC ACID is an important intermediate, which has a wildly used in the Fine Chemical industry. According to statistics, Fine Chemical is the major application filed, which was estimated to account for 75% in 2016.
The global Cyanuric Acid market was 260 million US$ in 2018 and is expected to 310 million US$ by the end of 2025, growing at a CAGR of 2.5% between 2019 and 2025.
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This report studies the Cyanuric Acid market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Cyanuric Acid in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Wolan Biology
HeBei JiHeng Chemical
MingDa Chemical
HeBei HaiDa Chemical
HeBei FuHui Chemical
BaoKang Chemical
DaMing Science and Technology
JingWei Chemical
HuaYi Chemical
ShanDong XingDa Chemical
By the product type, the market is primarily split into
Particle Cyanuric Acid
Powdered Cyanuric Acid
By the end users/application, this report covers the following segments
Fine Chemicals Industry
Synthetic Resin
Others
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