Market Overview:
The global guanidine nitrate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for guanidine nitrate in pharmaceutical intermediates, safety airbag industry, explosives and rocket propellants, photographic materials, disinfectants and other applications. North America is expected to dominate the global guanidine nitrate market during the forecast period followed by Europe and Asia Pacific. Latin America is projected to be one of the fastest growing regions in terms of CAGR during the forecast period.
Product Definition:
Guanidine Nitrate is a salt of guanidine and nitric acid. It is used as an explosive, in fireworks, and in other pyrotechnic applications.
Purity 90%:
Purity 90% is a crystalline form of guanidine nitrate. It has high purity and is commercially available in white powder or solid form. Purity 90% finds application as an intermediate for the production of other chemicals such as amino acids, pharmaceuticals, vitamins & co-enzyme Q10, polymers & co-polymers and dyes among others.
It also acts as a precursor to explosives used in mining operations.
Purity 98%:
Purity 98% is a crystalline powder form of guanidine nitrate. It has high purity and is commercially available in white color. Purity 98% acts as an intermediate during the manufacturing process of fertilizers, insecticides, and fungicides.
Application Insights:
The demand for guanidine nitrate in the safety airbag industry is projected to witness growth at a CAGR of XX% from 2018 to 2030 owing to its ability as an effective gas and moisture insulator, which helps in maintaining the quality of deployed bags. Guanidine nitrate is also used as a explosive material and propellant in rocketry applications. The use of guanidine nitrate based explosives leads to less smoke emission during combustion, which aids in improving the visual appeal of buildings while shooting films or videos. This factor would augment product demand over the forecast period.
In pharmaceutical intermediates application segment accounted for 24% revenue share by volume in 2017 on account of its properties such as solubility property that makes it suitable for chemical synthesis.
Regional Analysis:
Asia Pacific accounted for the largest share of over 45% in 2017. The demand is majorly driven by China and India owing to their rapidly growing industries. In addition, increasing automobile production has led to an increase in the use of guanidine nitrate across Asia Pacific, which will further boost market growth during the forecast period.
The industry is expected to witness a CAGR of XX% from 2018 to 2030 due to rapid industrialization and urbanization resulting in increased population and consumerism across emerging economies such as China, India, Indonesia, Vietnam among others have resulted in strong economic growths that are driving product demand across various end-use industries such as pharmaceuticals & chemicals; safety airbags; electronics & electrical; packaging etc.
North America was valued at USD X million in 2017 owing high purity standards coupled with advanced manufacturing techniques used by manufacturers coupled with stringent regulations laid down by U.
Growth Factors:
- Increasing demand for Guanidine Nitrate in agrochemical and pharmaceutical industries as a precursor to various drugs and pesticides.
- Growing environmental concerns over the use of synthetic fertilizers and pesticides, which is driving the demand for organic farming practices, thereby boosting the market for Guanidine Nitrate.
- Rising investments by key players in R&D activities to develop new applications of Guanidine Nitrate in different end-use industries.
- Growing popularity of nitric acid based fertilizers among farmers due to their high efficiency in improving crop yield and quality 5 Increased awareness about benefits of using nitric acid based fertilizers among farmers is expected to fuel the growth of Guanidine Nitrate market during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Guanidine Nitrate Market Research Report
By Type
Purity 90%, Purity 98%, Purity 99%
By Application
Pharmaceutical Intermediates, Safety Airbag Industry, Explosives and Rocket Propellants, Photographic Materials, Disinfectants, Others
By Companies
AlzChem AG, Canpex Chemicals, Vihita Chem, Ningxia Jiafeng Chemicals, Ningxia Soochow Agrochemical, Jiangsu Wugan Biological Technology, Kunshan Kunhua Co., Ltd, Zibo Nano, Nantong Tendenci Chemical, Ningxia Great Xing Bo Chemical
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
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Guanidine Nitrate Market Report Segments:
The global Guanidine Nitrate market is segmented on the basis of:
Types
Purity 90%, Purity 98%, Purity 99%
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
Pharmaceutical Intermediates, Safety Airbag Industry, Explosives and Rocket Propellants, Photographic Materials, Disinfectants, 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:
- AlzChem AG
- Canpex Chemicals
- Vihita Chem
- Ningxia Jiafeng Chemicals
- Ningxia Soochow Agrochemical
- Jiangsu Wugan Biological Technology
- Kunshan Kunhua Co., Ltd
- Zibo Nano
- Nantong Tendenci Chemical
- Ningxia Great Xing Bo Chemical
Highlights of The Guanidine Nitrate 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:
- Purity 90%
- Purity 98%
- Purity 99%
- By Application:
- Pharmaceutical Intermediates
- Safety Airbag Industry
- Explosives and Rocket Propellants
- Photographic Materials
- Disinfectants
- 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 Guanidine Nitrate 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.
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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?
Guanidine nitrate is a medication used to treat angina (chest pain), and it is also used to prevent heart attacks. Guanidine nitrate works by reducing the amount of blood that flows through your arteries.
Some of the major players in the guanidine nitrate market are AlzChem AG, Canpex Chemicals, Vihita Chem, Ningxia Jiafeng Chemicals, Ningxia Soochow Agrochemical, Jiangsu Wugan Biological Technology, Kunshan Kunhua Co., Ltd, Zibo Nano, Nantong Tendenci Chemical, Ningxia Great Xing Bo Chemical.
The guanidine nitrate 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 Guanidine Nitrate 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 Guanidine Nitrate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Guanidine Nitrate 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 Guanidine Nitrate 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 Guanidine Nitrate Market Size & Forecast, 2018-2028
4.5.1 Guanidine Nitrate Market Size and Y-o-Y Growth
4.5.2 Guanidine Nitrate Market Absolute $ Opportunity
Chapter 5 Global Guanidine Nitrate 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 Guanidine Nitrate Market Size Forecast by Type
5.2.1 Purity 90%
5.2.2 Purity 98%
5.2.3 Purity 99%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Guanidine Nitrate 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 Guanidine Nitrate Market Size Forecast by Applications
6.2.1 Pharmaceutical Intermediates
6.2.2 Safety Airbag Industry
6.2.3 Explosives and Rocket Propellants
6.2.4 Photographic Materials
6.2.5 Disinfectants
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Guanidine Nitrate 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 Guanidine Nitrate 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 Guanidine Nitrate Analysis and Forecast
9.1 Introduction
9.2 North America Guanidine Nitrate 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 Guanidine Nitrate Market Size Forecast by Type
9.6.1 Purity 90%
9.6.2 Purity 98%
9.6.3 Purity 99%
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 Guanidine Nitrate Market Size Forecast by Applications
9.10.1 Pharmaceutical Intermediates
9.10.2 Safety Airbag Industry
9.10.3 Explosives and Rocket Propellants
9.10.4 Photographic Materials
9.10.5 Disinfectants
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 Guanidine Nitrate Analysis and Forecast
10.1 Introduction
10.2 Europe Guanidine Nitrate 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 Guanidine Nitrate Market Size Forecast by Type
10.6.1 Purity 90%
10.6.2 Purity 98%
10.6.3 Purity 99%
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 Guanidine Nitrate Market Size Forecast by Applications
10.10.1 Pharmaceutical Intermediates
10.10.2 Safety Airbag Industry
10.10.3 Explosives and Rocket Propellants
10.10.4 Photographic Materials
10.10.5 Disinfectants
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 Guanidine Nitrate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Guanidine Nitrate 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 Guanidine Nitrate Market Size Forecast by Type
11.6.1 Purity 90%
11.6.2 Purity 98%
11.6.3 Purity 99%
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 Guanidine Nitrate Market Size Forecast by Applications
11.10.1 Pharmaceutical Intermediates
11.10.2 Safety Airbag Industry
11.10.3 Explosives and Rocket Propellants
11.10.4 Photographic Materials
11.10.5 Disinfectants
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 Guanidine Nitrate Analysis and Forecast
12.1 Introduction
12.2 Latin America Guanidine Nitrate 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 Guanidine Nitrate Market Size Forecast by Type
12.6.1 Purity 90%
12.6.2 Purity 98%
12.6.3 Purity 99%
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 Guanidine Nitrate Market Size Forecast by Applications
12.10.1 Pharmaceutical Intermediates
12.10.2 Safety Airbag Industry
12.10.3 Explosives and Rocket Propellants
12.10.4 Photographic Materials
12.10.5 Disinfectants
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) Guanidine Nitrate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Guanidine Nitrate 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) Guanidine Nitrate Market Size Forecast by Type
13.6.1 Purity 90%
13.6.2 Purity 98%
13.6.3 Purity 99%
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) Guanidine Nitrate Market Size Forecast by Applications
13.10.1 Pharmaceutical Intermediates
13.10.2 Safety Airbag Industry
13.10.3 Explosives and Rocket Propellants
13.10.4 Photographic Materials
13.10.5 Disinfectants
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 Guanidine Nitrate Market: Competitive Dashboard
14.2 Global Guanidine Nitrate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AlzChem AG
14.3.2 Canpex Chemicals
14.3.3 Vihita Chem
14.3.4 Ningxia Jiafeng Chemicals
14.3.5 Ningxia Soochow Agrochemical
14.3.6 Jiangsu Wugan Biological Technology
14.3.7 Kunshan Kunhua Co., Ltd
14.3.8 Zibo Nano
14.3.9 Nantong Tendenci Chemical
14.3.10 Ningxia Great Xing Bo Chemical
