Global Triazine Market Insights and Forecast to 2028

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.
Market Analysis and Insights: Global Triazine Market
Due to the COVID-19 pandemic, the global Triazine market size is estimated to be worth US$ 414.3 million in 2022 and is forecast to a readjusted size of US$ 480.5 million by 2028 with a CAGR of 2.5% during the review period. Fully considering the economic change by this health crisis, 1,3,5-triazine accounting for % of the Triazine global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Medical Industry segment is altered to an % CAGR throughout this forecast period.
North America is the major market for triazine, accounting for over 40% of the market share.Europe is next with about 25%.
Hexion, Eastman, Baker Hughes, Sintez Oka and others are the major players, with the top three accounting for about 20% of the market.
In terms of production side, this report researches the Triazine capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Triazine by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Triazine Scope and Segment
Triazine market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Triazine market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
1,3,5-triazine
1,2,3-triazine
1,2,4-triazine
Segment by Application
Medical Industry
Biological Energy Industry
Agriculture
Chemical Industry
Oil & Gas
Others
By Company
Hexion
Eastman
Stepan
DBWT
GE(Baker Hughes)
DuPont
Ecolab
Production by Region
North America
Europe
Asia Pacific
South America
Middle East & Africa
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

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