Triazine Market (Updated Version Available)

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.
For the market, the global triazine market is worth over 157.54 Million USD, according to our survey. Actually, the market of triazine is far from mature. However, as production of raw materials like palm and coconuts are limited to Southeast Asia, the competition structure would not change significantly in the following years.
For price trend analysis, a key variable in the performance of triazine producers is raw material costs, specifically the speed at which any increase can be passed through to customers.

The report offers detailed coverage of Triazine industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Triazine by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Triazine market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Triazine market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Hexion
Eastman
Stepan
DBWT
Baker Hughes
Dow Chemical
Ecolab
At the same time, we classify Triazine according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
1,3,5-triazine
1,2,3-triazine
1,2,4-triazine
Market by Application
Medical Industry
Biological Energy Industry
Agriculture
Chemical Industry
Oil & Gas
Others

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Triazine market for the forecast period 2021 - 2025?
• What are the driving forces in the Triazine market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Triazine industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?