Market Overview:
The global triazine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for triazines in medical, agricultural, and chemical industries. Triazines are used as intermediates in the production of agrochemicals, pharmaceuticals, and other specialty chemicals. They are also used as flame retardants and water treatment agents. MEA triazine is projected to be the fastest-growing segment of the global triazine market during the forecast period owing to rising demand for agrochemicals in countries such as Saudi Arabia and South Africa.
Product Definition:
1, 3, 5-Triazine is an organic compound with the formula C3N3H6. It is a white solid that is soluble in water. 1, 3, 5-Triazine has been used as a herbicide and as a precursor to melamine resins.
MEA Triazine:
It is a colorless and toxic organic compound, which is used as an intermediate in the production of several chemicals such as herbicides, insecticides, fungicides. It has also been used in the synthesis of polyoxymethylene (POM) and other plastics.
The demand for triazine was high during the 70s & 80s owing to its extensive use by DuPont for manufacturing nylon 6 products.
MMA Triazine:
MMA triazine is a colorless, crystalline solid that is soluble in water and ethanol. It has a molecular weight of 132.4 and the chemical formula of C3H5N3S2.
Application Insights:
The chemical industry emerged as the largest application segment and accounted for a volume share of 41.1% in 2017. The increasing demand for 1, 3, 5-triazine is derived from its wide range of applications in various industries such as coatings, adhesives & sealants production; paper coatings; rubber manufacturing; leather production; plastics processing and agriculture chemicals.
In the plastic industry, 1, 3, 5-triazine is used to produce polyamide 11 (PA 11) which is further utilized to manufacture high strength low weight engineering plastics with properties such as impact resistance and wear resistance that are highly valued in automotive & industrial applications worldwide. In addition PA 11 has excellent solvent resistance which makes it ideal for use in printing ink formulations where high image quality reproduction is required along with durability and weatherability required for outdoor advertising purposes on vehicles or billboards.
Regional Analysis:
Asia Pacific dominated the global 1, 3, 5-triazine market in terms of revenue with a share of over 45.0% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for triazines from various end-use industries such as oil & gas, chemical and medical.
The presence of major petrochemical companies including BASF SE; Chevron Phillips Chemical Co.; and formosa Plastics Group; among others has resulted in high product demand from China which is one of the largest producers and consumers globally for these chemicals across all regions. In addition, growing awareness regarding environment protection along with stringent regulations by regulatory bodies such as REACH are further anticipated to drive regional growth during the forecast period.
Europe accounted for a significant share in terms of volume due to rising application scope towards manufacturing polymers especially biopolymers like dextrose that are used across several industries including medical devices & supplies industry.
Growth Factors:
- Increasing demand from end-use industries such as agrochemicals, pharmaceuticals, and dyes and pigments
- Growing awareness about the benefits of 1, 3, 5-triazine among consumers
- Rising investments by key players in research and development to develop new applications for 1, 3, 5-triazine
- Expansion of distribution networks by leading players to increase their reach across regions
- Growing demand for triazines from emerging economies such as China and India
Scope Of The Report
Report Attributes
Report Details
Report Title
1, 3, 5-Triazine Market Research Report
By Type
MEA Triazine, MMA Triazine, Other
By Application
Medical Industry, Biological Energy Industry, Agriculture, Chemical Industry, Oil & Gas, Others
By Companies
Hexion, Eastman, Stepan, Evonik, Foremark Performance Chemicals, Baker Hughes, Multi-Chem (Halliburton), Dow Chemical, Ecolab, Sintez OKA, Hexion
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
137
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global 1, 3, 5-Triazine Market Report Segments:
The global 1, 3, 5-Triazine market is segmented on the basis of:
Types
MEA Triazine, MMA Triazine, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical Industry, Biological Energy Industry, Agriculture, Chemical Industry, Oil & Gas, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hexion
- Eastman
- Stepan
- Evonik
- Foremark Performance Chemicals
- Baker Hughes
- Multi-Chem (Halliburton)
- Dow Chemical
- Ecolab
- Sintez OKA
- Hexion
Highlights of The 1, 3, 5-Triazine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- MEA Triazine
- MMA Triazine
- Other
- By Application:
- Medical Industry
- Biological Energy Industry
- Agriculture
- Chemical Industry
- Oil & Gas
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the 1, 3, 5-Triazine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
1, 3, 5-Triazine is a chemical compound with the molecular formula C3H5N.
Some of the major companies in the 1, 3, 5-triazine market are Hexion, Eastman, Stepan, Evonik, Foremark Performance Chemicals, Baker Hughes, Multi-Chem (Halliburton), Dow Chemical, Ecolab, Sintez OKA, Hexion.
The 1, 3, 5-triazine market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 1, 3, 5-Triazine Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 1, 3, 5-Triazine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 1, 3, 5-Triazine Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the 1, 3, 5-Triazine Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global 1, 3, 5-Triazine Market Size & Forecast, 2018-2028
4.5.1 1, 3, 5-Triazine Market Size and Y-o-Y Growth
4.5.2 1, 3, 5-Triazine Market Absolute $ Opportunity
Chapter 5 Global 1, 3, 5-Triazine Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 1, 3, 5-Triazine Market Size Forecast by Type
5.2.1 MEA Triazine
5.2.2 MMA Triazine
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 1, 3, 5-Triazine Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 1, 3, 5-Triazine Market Size Forecast by Applications
6.2.1 Medical Industry
6.2.2 Biological Energy Industry
6.2.3 Agriculture
6.2.4 Chemical Industry
6.2.5 Oil & Gas
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 1, 3, 5-Triazine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 1, 3, 5-Triazine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America 1, 3, 5-Triazine Analysis and Forecast
9.1 Introduction
9.2 North America 1, 3, 5-Triazine Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America 1, 3, 5-Triazine Market Size Forecast by Type
9.6.1 MEA Triazine
9.6.2 MMA Triazine
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America 1, 3, 5-Triazine Market Size Forecast by Applications
9.10.1 Medical Industry
9.10.2 Biological Energy Industry
9.10.3 Agriculture
9.10.4 Chemical Industry
9.10.5 Oil & Gas
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe 1, 3, 5-Triazine Analysis and Forecast
10.1 Introduction
10.2 Europe 1, 3, 5-Triazine Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe 1, 3, 5-Triazine Market Size Forecast by Type
10.6.1 MEA Triazine
10.6.2 MMA Triazine
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe 1, 3, 5-Triazine Market Size Forecast by Applications
10.10.1 Medical Industry
10.10.2 Biological Energy Industry
10.10.3 Agriculture
10.10.4 Chemical Industry
10.10.5 Oil & Gas
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific 1, 3, 5-Triazine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 1, 3, 5-Triazine Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific 1, 3, 5-Triazine Market Size Forecast by Type
11.6.1 MEA Triazine
11.6.2 MMA Triazine
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific 1, 3, 5-Triazine Market Size Forecast by Applications
11.10.1 Medical Industry
11.10.2 Biological Energy Industry
11.10.3 Agriculture
11.10.4 Chemical Industry
11.10.5 Oil & Gas
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America 1, 3, 5-Triazine Analysis and Forecast
12.1 Introduction
12.2 Latin America 1, 3, 5-Triazine Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America 1, 3, 5-Triazine Market Size Forecast by Type
12.6.1 MEA Triazine
12.6.2 MMA Triazine
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America 1, 3, 5-Triazine Market Size Forecast by Applications
12.10.1 Medical Industry
12.10.2 Biological Energy Industry
12.10.3 Agriculture
12.10.4 Chemical Industry
12.10.5 Oil & Gas
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) 1, 3, 5-Triazine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 1, 3, 5-Triazine Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) 1, 3, 5-Triazine Market Size Forecast by Type
13.6.1 MEA Triazine
13.6.2 MMA Triazine
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) 1, 3, 5-Triazine Market Size Forecast by Applications
13.10.1 Medical Industry
13.10.2 Biological Energy Industry
13.10.3 Agriculture
13.10.4 Chemical Industry
13.10.5 Oil & Gas
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 1, 3, 5-Triazine Market: Competitive Dashboard
14.2 Global 1, 3, 5-Triazine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hexion
14.3.2 Eastman
14.3.3 Stepan
14.3.4 Evonik
14.3.5 Foremark Performance Chemicals
14.3.6 Baker Hughes
14.3.7 Multi-Chem (Halliburton)
14.3.8 Dow Chemical
14.3.9 Ecolab
14.3.10 Sintez OKA
14.3.11 Hexion
