ReleaseWire

Cyanuric Acid Market Size to Reach 310 Million US$ by the End of 2025

Posted: Friday, February 15, 2019 at 9:19 AM CST

Los Angeles, CA -- (SBWire) -- 02/15/2019 --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.

The global Cyanuric Acid market is valued at 260 million US$ in 2018 is expected to reach 310 million US$ by the end of 2025, growing at a CAGR of 2.5% during 2019-2025.

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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.

This report focuses on Cyanuric Acid volume and value at global level, regional level and company level. From a global perspective, this report represents overall Cyanuric Acid market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

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

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Particle Cyanuric Acid

Powdered Cyanuric Acid

Segment by Application

Fine Chemicals Industry

Synthetic Resin

Others

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