The global Triallyl Isocyanurate market was valued at US$ 53 million in 2019 and it is expected to reach US$ 76 million by the end of 2026, growing at a CAGR of 5.2% during 2021-2026.
Triallyl Isocyanurate is a symmetric polyfunctions triazine compound which has been used for the crosslinking reaction of synthetic rubbers and plastics as well as a raw material for flame retardant. TAIC possesses a thermally stable triazine ring and unique properties, providing a polymer with improved properties, including heat resistance, mechanical properties and resistance to hydrolysis and weathering.
Leading companies in the sector are Evonik, Mitsubishi Chemical and Minhe Chemical, with a revenue share of more than 37% in the first three years of 2018. By region, China is the most important sales region, accounting for 65.88%, followed by the United States and Europe, accounting for 10.02% and 11.84%, respectively.
Global Triallyl Isocyanurate Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Triallyl Isocyanurate Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Evonik, Mitsubishi Chemical, Minhe Chemical, Keliren, China Star New Materials, Sanji and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
By type, liquids accounted for the highest share of sales in 2018, at 81.11%.
Segment by Application
By application, the market share of rubber in 2018 is the most important, reaching 64.03%.
Table of Content:
1 Triallyl Isocyanurate Market Overview
2 Triallyl Isocyanurate Market Competition by Manufacturers
3 Triallyl Isocyanurate Retrospective Market Scenario by Region
4 Global Triallyl Isocyanurate Historic Market Analysis by Type
5 Global Triallyl Isocyanurate Historic Market Analysis by Application
6 Key Companies Profiled
7 Triallyl Isocyanurate Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Triallyl Isocyanurate Market Dynamics
10 Global Triallyl Isocyanurate Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.