The global Triazine market was valued at 392.74 Million USD in 2021 and will grow with a CAGR of 2.27% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

A triazine is class of nitrogen-containing heterocycles. The parent molecules` molecular formula is C3H3N3. They exist in three isomeric forms, 1,3,5-triazines being common. MMA Triazine is a cyclic tertiary triamine. It is mainly used as a scavenger for sour gases like H2S and mercaptans in gaseous or liquid hydrocarbon streams. MEA-triazine is the most commonly used chemistry for applications requiring a non-regenerative H2S scavenger. Other chemistries are available (MMA-triazine, glyoxal, zinc-based, iron-based, and others) but MEA-triazine has the highest market share because it is the lowest cost in use solution. Triazines are low cost in use despite the fact that the molar efficiency of the chemistry in capturing H2S is significantly below theoretical maximum efficiency. For production, the NA consumption of triazine has reached 49 K MT by the end of year 2017, with annual growth rate around 1.5% during the past years. Growing attention has been raised in the application of triazine in medical and oil and gas industry, which makes it in fast development in recent years.

By Market Verdors:

Hexion

Eastman

Stepan

DBWT

GE(Baker Hughes)

DowDuPont

Ecolab

By Types:

1,3,5-triazine

1,2,3-triazine

1,2,4-triazine

By Applications:

Medical Industry

Biological Energy Industry

Agriculture

Chemical Industry

Oil & Gas

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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