Below are some of the key findings from this cyanuric acid market analysis report:
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Global cyanuric acid industry overview
The superior properties of cyanuric acid are driving the market. Cyanuric acid is highly soluble in water, hot water, ketone, pyridine, and sulfuric acid, which makes it suitable for use in many applications such as chemical synthesis, water treatment, as a disinfecting agent in textile fabric, and agricultural fertilizer. Moreover, cyanuric acid is effectively used as a chlorine stabilizer and a precursor to manufacturing chlorinated cyanurates, cyanuric salt, derivative, and a crosslinking agent. Owing to the superior properties of cyanuric acid, its demand is increasing rapidly among various end-users, which will drive the market.
The customization and product specification are positively impacting the global cyanuric acid market. Vendors of cyanuric acid provide customization and product specification in powdered form, granular form, tablet form, and pellets. This enables them to cater to the requirements of different end-users such as chemical and textiles, cosmetics, paints and coatings, and wastewater treatment, and the agricultural sector. Thus, the superior properties of cyanuric acid coupled with customization and product specification will drive the market at a CAGR of close to 4% during the forecast period.
Top cyanuric acid companies covered in this report
The global cyanuric acid market is highly concentrated. To help clients improve their revenue shares in the market, this research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. Additionally, this cyanuric acid market analysis report suggests strategies companies can follow and recommends key areas they should focus on, to make the most of upcoming growth opportunities.
The report offers a detailed analysis of several leading cyanuric acid companies, including:
- Merck
- Shandong Daming Science and Technology
- Shandong Lantian Disinfection Technology
- Shandong Xingda Chemical
- ACURO ORGANICS
- Hebei Jiheng Chemical
Cyanuric acid market segmentation based on application
- Chemical synthesis
- Water treatment
- Others
The largest application segment of the global cyanuric acid market in 2017 was the chemical synthesis. Although the market share of this segment will decrease, it will continue to dominate the market throughout the next five years.
Cyanuric acid market segmentation based on region
APAC accounted for the largest cyanuric acid market share in 2017, followed by EMEA and the Americas respectively. This region will witness an increase in its market share and remain the market leader for the next five years.
Key highlights of the global cyanuric acid market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the cyanuric acid market during the next five years
- Precise estimation of the global cyanuric acid market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the cyanuric acid industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on factors that will challenge the growth of cyanuric acid companies
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY APPLICATION
- Segmentation by application
- Comparison by application
- Chemical synthesis – Market size and forecast 2017-2022
- Water treatment – Market size and forecast 2017-2022
- Others – Market size and forecast 2017-2022
- Market opportunity by application
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- APAC – Market size and forecast 2017-2022
- EMEA – Market size and forecast 2017-2022
- Americas – Market size and forecast 2017-2022
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Customization and product specification
- Capacity extension of production facilities
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive Landscape
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- ACURO ORGANICS
- Hebei Jiheng Chemical
- Merck
- Shandong Daming Science and Technology
- Shandong Lantian Disinfection Technology
- Shandong Xingda Chemical
PART 15: APPENDIX