Triazine Market – Global Industry analysis and forecast (2019-2026)

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Global Triazine Market was valued at US$ XX Mn in 2019 and is forecasted to reach US$ XX Mn by 2026, at a CAGR of around XX % during forecast 2019-2026.

The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

 

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Global Triazine Market Dynamics:

Rising demand from the oil, gas, and petroleum industry drives the market for triazine. Triazine is also used as a fire-retardant agent, herbicides, and pesticide. The presence of sulphur in the oil and gas causes plugging, clogging, and blockage of the pipeline since triazines act as regenerating sulphide removal agents. Triazine is applied to fluid streams to remove hydrogen sulphide gas and mercaptan species, which can decrease the quality of the processed hydrocarbon and be harmful to a pipeline.

The melamine segment holds the major share of the triazine market. Melamine derivatives as a resin have numerous applications including laminates, glues and adhesives, molding compounds, coatings, and paper and textiles. Some other applications include impregnating resins to treat papers for decorative purposes, paper auxiliaries to enhance wet tensile strength, leather tanning agents, strengtheners for building materials, concrete additives, ion-exchange resins, and wood preservatives.

Chemical Industry is a major end-user of triazine. Triazine is widely used in various chemical processes and applications. Triazine is possessed the best properties of resin, herbicides, and additives, preservatives. The oil & Gas Industry is the second largest end-user of triazine. Triazine is used for the removal of sulphur for oil and gas which is a pretreatment process in the oil & gas industry.
Triazine Market, Key Highlights:

• Triazine Market analysis and forecast, in terms of value.

• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Triazine Market

• Triazine Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

• Triazine Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.

• Triazine Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Triazine Market are also profiled.

The report has considered the base year of 2019 and past four years trend. 2020 figures are at actuals, however due to different dynamics of year 2020, market forecast is not only dependent upon 2020, but on the basis of 2016-2020.

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Scope of the Global Triazine Market: Inquire before buying

Global Triazine Market, by Product:

• Melamine
• Cyanuric chloride
• Other
Global Triazine Market, by Applications:

• Medical Industry
• Biological Energy Industry
• Agriculture
• Chemical Industry
• Oil & Gas
Global Triazine Market, by Region

• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America
Global Triazine Market Key Players

• Hexion
• Eastman
• Stepan
• Lonza
• Evonik
• DBWT
• Baker Hughes
• Multi-Chem (Halliburton)
• Dow Chemical
• Ecolab
• Sintez OKA
• BASF SE
• Ashland
• Haihang Industry
• Foremark Performance Chemicals

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