Global Cyanuric Chloride Market Size By Purity (High Purity (Above 99%), Low Purity (Below 99%)), By Application (Agrochemicals, Plastic, Dyes And Pigments), By Geographic Scope And Forecast
Report ID: 16728|No. of Pages: 202
Global Cyanuric Chloride Market Size By Purity (High Purity (Above 99%), Low Purity (Below 99%)), By Application (Agrochemicals, Plastic, Dyes And Pigments), By Geographic Scope And Forecast
Cyanuric Chloride Market Size And Forecast
Cyanuric Chloride Market size was valued at USD 553.99 Million in 2024 and is projected to reach USD 1212.8 Million by 2031, growing at a CAGR of 10.29 % during the forecast period 2024-2031.
The market is expanding as a result of the rising demand for cyanuric chloride as a result of the compound’s increased use across a number of end-use sectors. The global market is also growing as cyanuric chloride is increasingly used in the production of various chemicals and dyes. Demand for cyanuric chloride may be increased by its promise of low-cost, simple synthesis. The Global Cyanuric Chloride Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Cyanuric Chloride Market Definition
The Cyanuric Chloride is called one of the subordinates of 1,3,5-triazine. Cyanuric Chloride is fabricated by sodium and hydrogen cyanide processes. In the production process of cyanuric chloride, both raw materials are mixed with chlorine. Furthermore, the chemical is used to prepare triazine-class pesticides and to minimize carboxylic acids to alcohols. Cyanuric chloride is colorless and has a pungent aroma. It is primarily employed as an intermediary in the production of reactive dyes, as well as in the rubber sector, medicines, explosives, surfactants, and pesticides.
In addition, Cyanuric acid is found in some solid forms of chlorine or can be added as a supplement. Moreover, Trichlor and dichlor are two solid forms of chlorine that are commonly utilized (tablet, briquette, powder, etc.). The chemicals act as optical brighteners, tanning agents, an intermediate to prepare dyestuffs, and many more. It is used in numerous industries including plastic, chemical additives, dyes and pigments, textiles, agrochemicals, and others. Moreover, on a significant basis, two techniques, hydrogen and sodium cyanide, are used to make cyanuric chloride.
Therefore, both raw ingredients are combined with chlorine during the cyanuric chloride production process. The final finished product of the polymerization operation is cyanuric chloride. In comparison to sodium cyanide, hydrogen cyanide is a cost-effective method for producing cyanuric chloride because of the low cost of production and raw materials. In addition, different purity levels of cyanuric chloride are available on the market and are used in, additives, paper, textiles, lubricants, and agrochemicals among other uses.
Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.
What's inside a VMR
industry report?
>>> Ask For Discount @ – https://www.verifiedmarketresearch.com/ask-for-discount/?rid=16728
Global Cyanuric Chloride Market Overview
The rise in disposable income acts as a primary growth driver in the Global Cyanuric Chloride Market. The substance cyanuric chloride is a chemical compound. It’s a white crystal with a pungent odor that absorbs moisture and emits smoke readily. It’s mostly utilized as an intermediary in the production of reactive dyes, as well as in the rubber sector, medicines, explosives, surfactants, and pesticides. Moreover, the procedure produces cyanuric chloride as a byproduct.
The hydrogen cyanide pathway is frequently utilized in agrochemicals, dyes & pigments, textiles, chemical additives, and polymers because it is less expensive than the sodium cyanide route. Furthermore, the hydrogen cyanide synthesis method consumes fewer raw materials. The chemical is widely employed in agrochemical applications as a result of population growth. It has evident stimulating properties and can cause major eye injury. It’s bad for the environment and can pollute water sources. which act as the major restraining factor of the targeted market.
However, the growth of end-use industries and technical improvements in the area are driving the Cyanuric Chloride Market. The chemical has become a popular alternative for a range of large-scale applications due to its inexpensive cost. Cyanuric chloride has a low production cost when compared to its replacements. In their natural condition, sodium cyanide and hydrogen cyanide react with chlorine and subsequently proceed through the polymerization process.
Global Cyanuric Chloride Market: Segmentation Analysis
The Global Cyanuric Chloride Market is Segmented on the basis of Purity, Application, And Geography.
Cyanuric Chloride Market, By Purity
- High Purity (Above 99%)
- Low Purity (Below 99%)
Based on Purity, the market is segmented into High Purity (Above 99%), and Low Purity (Below 99%). High Purity (Above 99%) is expected to grow at a significant rate during forecasted years. Owing to its high purity cyanuric chloride is consumed at a large scale in the agrochemical industry.
Cyanuric Chloride Market, By Application
- Agrochemicals
- Plastic
- Dyes And Pigments
- Chemical Additives
- Others
Based on Application, the market is segmented into Agrochemicals, Plastic, Dyes And Pigments, Chemical Additives, and Others. The Agrochemicals segment is expected to grow at a significant rate during the forecasted years. This is owing to the wide consumption of cyanuric chloride in the formulation of agrochemicals.
Cyanuric Chloride Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the World
On the basis of Geography, The Global Cyanuric Chloride Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The Asia Pacific is one of the important regions of the Global Cyanuric Chloride Market owing to the development of the agriculture industry. As a result, the need for agrochemicals in the region is increasing. During the forecast period, the market in North America and Europe is expected to grow at a moderate rate.
Key Players
The “Global Cyanuric Chloride Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Santa Cruz Biotechnology, Inc., Evonik Industries AG, Lonza, Volochem Inc., Hebei Chengxin Co., Ltd, Zaoyang Jinlu Chemical Co Ltd, Cangzhou Lingang Yueguo Chemical Co., Ltd, Syngenta, Yingkou Sanzheng Organic Chemical Co. Ltd, Lingang Yueguo Chemical, and others.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
- In January 2022, Lonza announced to launch bYlok Technology for the Discovery and Design of Bispecific Antibodies.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2021-2031 |
| BASE YEAR | 2024 |
| FORECAST PERIOD | 2024-2031 |
| HISTORICAL PERIOD | 2021-2023 |
| UNIT | Value (USD Million) |
| KEY COMPANIES PROFILED | Santa Cruz Biotechnology, Inc., Evonik Industries AG, Lonza, Volochem Inc., Hebei Chengxin Co., Ltd, Zaoyang Jinlu Chemical Co Ltd |
| SEGMENTS COVERED |
|
| CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope. |
Research Methodology of Verified Market Research
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Customization of the Report
• In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.
Frequently Asked Questions
1 INTRODUCTION OF GLOBAL CYANURIC CHLORIDE MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL CYANURIC CHLORIDE MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL CYANURIC CHLORIDE MARKET, BY PURITY
5.1 Overview
5.2 High Purity (Above 99%)
5.3 Low Purity (Below 99%)
6 GLOBAL CYANURIC CHLORIDE MARKET, BY APPLICATION
6.1 Overview
6.2 Agrochemicals
6.3 Plastic
6.4 Dyes And Pigments
6.5 Chemical Additives
6.6 Others
7 GLOBAL CYANURIC CHLORIDE MARKET, BY GEOGRAPHY
7.1 Overview
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 U.K.
7.3.3 France
7.3.4 Rest of Europe
7.4 Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 Rest of Asia Pacific
7.5 Rest of the World
7.5.1 Latin America
7.5.2 Middle East & Africa
8 GLOBAL CYANURIC CHLORIDE MARKET COMPETITIVE LANDSCAPE
8.1 Overview
8.2 Company Market Ranking
8.3 Key Development Strategies
9 COMPANY PROFILES
9.1 Santa Cruz Biotechnology Inc.
9.1.1 Overview
9.1.2 Financial Performance
9.1.3 Product Outlook
9.1.4 Key Developments
9.2 Evonik Industries AG.
9.2.1 Overview
9.2.2 Financial Performance
9.2.3 Product Outlook
9.2.4 Key Developments
9.3 Lonza.
9.3.1 Overview
9.3.2 Financial Performance
9.3.3 Product Outlook
9.3.4 Key Developments
9.4 Volochem Inc.
9.4.1 Overview
9.4.2 Financial Performance
9.4.3 Product Outlook
9.4.4 Key Developments
9.5 Hebei Chengxin Co. Ltd.
9.5.1 Overview
9.5.2 Financial Performance
9.5.3 Product Outlook
9.5.4 Key Developments
9.6 Zaoyang Jinlu Chemical Co Ltd.
9.6.1 Overview
9.6.2 Financial Performance
9.6.3 Product Outlook
9.6.4 Key Developments
9.7 Cangzhou Lingang Yueguo Chemical Co., Ltd.
9.7.1 Overview
9.7.2 Financial Performance
9.7.3 Product Outlook
9.7.4 Key Developments
9.8 Syngenta.
9.8.1 Overview
9.8.2 Financial Performance
9.8.3 Product Outlook
9.8.4 Key Developments
9.9 Yingkou Sanzheng Organic Chemical Co. Ltd.
9.9.1 Overview
9.9.2 Financial Performance
9.9.3 Product Outlook
9.9.4 Key Developments
9.10 Lingang Yueguo Chemical.
9.10.1 Overview
9.10.2 Financial Performance
9.10.3 Product Outlook
9.10.4 Key Developments
10 Appendix
10.1.1 Related Reports
Report Research Methodology
Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.
This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.
We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:
Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.
For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.
Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.
Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
|---|---|---|
| Supplier side |
|
|
| Demand side |
|
|
Econometrics and data visualization model
Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.
All the research models are customized to the prerequisites shared by the global clients.
The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.
Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
| Qualitative analysis | Quantitative analysis |
|---|---|
|
|
