Press release
Triglycidyl Isocyanurate (TGIC) (CAS 2451-62-9) Market will reach 120 million US$ in 2023
Triglycidal Isocyanurate (TGIC) is an odorless white powder or granules. It is insoluble in water and has the potential to be explosive.Triglycidal Isocyanurate is widely used as a cross-linking agent or curing agent in powder coating industry, It is used also in the printed circuit board industry, electrical insulation and as a stabilizer in plastic industry.
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Global Triglycidyl Isocyanurate (TGIC) (CAS 2451-62-9) Market: Forecast by Type / Application / Region
The global TGIC industry has a rather high concentration. The major manufacturers are concentrated in USA, China, Japan, such as Nissan Chemical, HUANGSHAN HUAHUI, Huangshan Jinfeng and Anshan Runde. At present, Nissan Chemical is the world leader, holding 23.76% production market share in 2017.
TGIC downstream is wide and recently TGIC has acquired increasing significance in various fields of Powder Coating Industry, Printed Circuit Board, Electrical Insulation , Plastic Industry and others. Globally, the TGIC market is mainly driven by growing demand for Powder Coating Industry. Powder Coating Industry accounts for nearly 37.28% of total downstream consumption of TGIC in global.
TGIC can be mainly divided into Industrial Grade and Electronic Grade which Industrial Grade about 58.47% of TGIC market in 2017. According to our research and analysis, manufacturers from China are the major leaders in the international market of TGIC.
The worldwide market for Triglycidyl Isocyanurate (TGIC) (CAS 2451-62-9) is expected to grow at a CAGR of roughly 3.4% over the next five years, will reach 120 million US$ in 2023, from 110 million US$ in 2017, according to a new GIR (Global Info Research) study.
Global Nonferrous Metal Recycling Market:Key Players
Nissan Chemical
HUANGSHAN HUAHUI
Huangshan Jinfeng
Anshan Runde
Tech-Powder (Huangshan)
NIUTANG
UMC Corp
Kunshan Xin Kui
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Related Information:
United States Triglycidyl Isocyanurate (TGIC) (CAS 2451-62-9) Market 2018 Forecast to 2023
Europe Triglycidyl Isocyanurate (TGIC) (CAS 2451-62-9) Market 2018 Forecast to 2023
North America Triglycidyl Isocyanurate (TGIC) (CAS 2451-62-9) Market 2018 Forecast to 2023
Asia-Pacific Triglycidyl Isocyanurate (TGIC) (CAS 2451-62-9) Market 2018 Forecast to 2023
China Triglycidyl Isocyanurate (TGIC) (CAS 2451-62-9) Market 2018 Forecast to 2023
EMEA Triglycidyl Isocyanurate (TGIC) (CAS 2451-62-9) Market 2018 Forecast to 2023
Global Triglycidyl Isocyanurate (TGIC) (CAS 2451-62-9) Market 2018 Forecast to 2023
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ture expansion, and long-lasting coatings for challenging conditions. Increased use is also being facilitated by technological developments in TGIC formulation and the creation of high-performing, multipurpose solutions. Furthermore, TGIC's growing use in non-coating applications including adhesives and composites is creating new market growth prospects.
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