Cyanuric Chloride Market Share, Key Vendors Analysis and Growth Prospect till 2022
Global Cyanuric Chloride Market is expected to grow at a significant CAGR in the upcoming period as the scope and its applications are rising enormously across the globe. Cyanuric chloride is an organic compound that is also termed as kyanurchlorid or cyanuric. It is a chlorinated derivative of 1,3,5-triazine. It is white in color with molecular formula C3Cl3N3. These white crystals comprise a strong irritant chlorine odor. It is soluble in acrylonitrile, ethanol, acetic acid, ethyl ether, and chloroform. On the other hand, it is insoluble in cold water. Chloride cyanogen preparation and chloride cyanogen polymerization are the two main steps in cyanuric chloride production.
Global Cyanuric Chloride Market is expected to grow at a significant CAGR in the upcoming period as the scope and its applications are rising enormously across the globe. Cyanuric chloride is an organic compound that is also termed as kyanurchlorid or cyanuric. It is a chlorinated derivative of 1,3,5-triazine. It is white in color with molecular formula C3Cl3N3. These white crystals comprise a strong irritant chlorine odor. It is soluble in acrylonitrile, ethanol, acetic acid, ethyl ether, and chloroform. On the other hand, it is insoluble in cold water. Chloride cyanogen preparation and chloride cyanogen polymerization are the two main steps in cyanuric chloride production.
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<strong>Cyanuric</strong> <strong>Chloride</strong> <strong>Market</strong> <strong>Share</strong>, <strong>Key</strong><br />
<strong>Vendors</strong> <strong>Analysis</strong> <strong>and</strong> <strong>Growth</strong> <strong>Prospect</strong><br />
<strong>till</strong> <strong>2022</strong><br />
“The factors that are playing a major role in the growth of<br />
cyanuric chloride market are the rising dem<strong>and</strong> from several<br />
end-users, minimal production cost, technological<br />
enhancement, <strong>and</strong> high degree efficacy <strong>and</strong> easy to use in<br />
several applications.”<br />
Global <strong>Cyanuric</strong> <strong>Chloride</strong> <strong>Market</strong> is expected to grow at a significant CAGR in the upcoming period as the scope <strong>and</strong><br />
its applications are rising enormously across the globe. <strong>Cyanuric</strong> chloride is an organic compound that is also termed as<br />
kyanurchlorid or cyanuric. It is a chlorinated derivative of 1,3,5-triazine. It is white in color with molecular formula<br />
C3Cl3N3. These white crystals comprise a strong irritant chlorine odor. It is soluble in acrylonitrile, ethanol, acetic acid,<br />
ethyl ether, <strong>and</strong> chloroform. On the other h<strong>and</strong>, it is insoluble in cold water. <strong>Chloride</strong> cyanogen preparation <strong>and</strong> chloride<br />
cyanogen polymerization are the two main steps in cyanuric chloride production.<br />
The factors that are playing a major role in the growth of cyanuric chloride market are the rising dem<strong>and</strong> from several<br />
end-users, minimal production cost, technological enhancement, <strong>and</strong> high degree efficacy <strong>and</strong> easy to use in several<br />
applications. However, side effects on human health <strong>and</strong> the growing preference towards environment-friendly <strong>and</strong><br />
organic pesticides may restrain overall market growth in the years to come. <strong>Cyanuric</strong> chloride market is segmented<br />
based on purity, manufacturing process, application, <strong>and</strong> region.<br />
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https://www.millioninsights.com/industry-reports/cyanuric-chloride-market<br />
Low purity (98%) <strong>and</strong> high purity (99%) are the purity types that could be explored in cyanuric chloride in the forecast<br />
period. Based on the manufacturing process, hydrogen cyanide route <strong>and</strong> sodium cyanide route could classify cyanuric<br />
chloride in the forecast period.
The market may be categorized based on applications like plastics, agrochemicals, chemical additives, dyes & pigments,<br />
textile industry, <strong>and</strong> others could be explored in cyanuric chloride in the forecast period. Agrochemicals sector accounted<br />
for the substantial market share of cyanuric chloride <strong>and</strong> is estimated to lead the overall market in the years to come. In<br />
addition, dyes & pigments sector is estimated to grow at the fastest pace in the years to come.<br />
Globally, Asia Pacific accounted for the substantial market share of cyanuric chloride in 2017 <strong>and</strong> is estimated to lead<br />
the overall market in the years to come. The reason behind the overall market growth could be the presence of key<br />
manufacturers in the region <strong>and</strong> the high dem<strong>and</strong> of cyanuric chloride. The developing countries like India <strong>and</strong> China<br />
are the major consumers of cyanuric chloride in this region. China market is estimated to remain dominant in the years<br />
to come in terms of dem<strong>and</strong> <strong>and</strong> supply of cyanuric chloride, expansion of production unit, <strong>and</strong> application industry.<br />
North America <strong>and</strong> Europe are also estimated to have a positive influence on future growth. North America is the second<br />
largest region with significant market share. However, Europe is estimated to grow at the highest CAGR in the forecast<br />
period. The aspects that may be ascribed to the growth comprise government ban on the usage of atrazine fertilizers.<br />
The key players of cyanuric chloride market are Cangzhou Lingang Yueguo Chemical Co., Ltd., Evonik Industries,<br />
Zaoyang Jinlu Chemical Co Ltd., Syngenta, Hebei Chengxin Co., Ltd., Santa Cruz Biotechnology, Yingkou Sanzheng<br />
Organic Chemical Co. Ltd., Volochem Inc., <strong>and</strong> Lonza. These players are concentrating on inorganic growth to sustain<br />
themselves amidst fierce competition.<br />
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https://www.millioninsights.com/industry-reports/cyanuric-chloride-market/request-sample<br />
<strong>Market</strong> Segment:<br />
<strong>Key</strong> Processes<br />
• Sodium Cyanide Route<br />
• Hydrogen Cyanide Route<br />
<strong>Key</strong> Applications<br />
• Agrochemicals<br />
• Optical Brighter<br />
• Dyes & Pigments<br />
• Plastics<br />
<strong>Key</strong> Regions<br />
• North America
• Europe<br />
• Asia Pacific<br />
• Middle East <strong>and</strong> Africa<br />
• South America<br />
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https://www.millioninsights.com/industry/chemicals<br />
<strong>Key</strong> <strong>Vendors</strong><br />
• Evonik<br />
• Hebei Chengxin<br />
• Jinlu<br />
• Lonza<br />
• request free sample to get a complete list of companies<br />
<strong>Key</strong> Questions Answered in this Report<br />
• What will the market size be in <strong>2022</strong>?<br />
• What are the key factors driving the global cyanuric chloride market?<br />
• What are the challenges to market growth?<br />
• Who are the key players in the cyanuric chloride market?<br />
• What are the market opportunities <strong>and</strong> threats faced by the key players?
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