Los Angeles, CA -- (SBWIRE) -- 04/26/2019 -- Guanidine Carbonate (CAS No.593-85-1) is an alkaline, organic salt. The chemical formula for Guanidine Carbonate is C3H12O3N6?Guanidine Carbonate's primary functions have been for use in formulations for hair straightening, as a depilatory agent, for use in pH adjustment, and as a buffering agent. It is employed as a strong organic alkali, organic intermediate, in soap and cosmetic products, and in the textile industry.
Guanidine Carbonate industry is not concentrated, manufacturers are mostly in the China, America, Europe, and India. Some of the key players dominating this market are HSCC, Vihita,FabriChem, Inc., AVATAR CORPORATION, Borealis, AlzChem AG, Hangzhou Xiangshun Chemical Products and others. Among them, China and United States accounted for more than 50% of the total sales of global Guanidine Carbonate. HSCC is the world leading manufacturer in global Guanidine Carbonate market with the market share of 15.33%.
Guanidine Carbonate market managed to increase sales by 3.97 percent to 203.33 million USD in worldwide in 2016. Overall, the Guanidine Carbonate market performance is positive, the demands for guanidine carbonate is very urging worldwide, despite the weak economic environment.
In the past few years, as the main raw material price was not stable, with the addition of a sharp increase in production capacity, expected that the Guanidine Carbonate raw material price will be relatively stable in the short term. However, the improvement of energy, transportation costs, and employee wages, will play a significant role in promoting the cost of Guanidine Carbonate.
There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. The short on supply of Guanidine Carbonate in the market has had a positive impact but has been countered by the policy of the environment protection, resulting in uncertainty in the Guanidine Carbonate market.
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In China, Guanidine Carbonate manufactures mainly include HSCC, Hangzhou Xiangshun Chemical Products, Changzhou Yiwen Chemical, Nanjing Oriental Pearl Chemicals and others.
China is the world's largest producer of Guanidine Carbonate; as the same time, the consumption of Guanidine Carbonate in China grown gradually. In the result, Guanidine Carbonate in China was export-oriented until now.
The global Guanidine Carbonate market was 230 million US$ in 2018 and is expected to 290 million US$ by the end of 2025, growing at a CAGR of 3.2% between 2019 and 2025.
This report studies the Guanidine Carbonate 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 Guanidine Carbonate 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
HSCC
Vihita
FabriChem
AVATAR
AlzChem
Hangzhou Xiangshun Chemical
Nanjing Oriental Pearl Chemicals
Shanghai Jucheng Chemical
Borealis
S.B. Organic
By the product type, the market is primarily split into
Industry Grade
Pharmaceutical Grade
By the end users/application, this report covers the following segments
Chemicals
Cosmetics
Detergents: synergistic agent
Pharmaceuticals
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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