Guanidine Carbonate Market Is Anticipated To Grow At a CAGR of 3.2% During 2019-2025
Some of the key players dominating this market are HSCC, Vihita,FabriChem, Inc., AVATAR CORPORATION, Borealis, AlzChem AG, Hangzhou Xiangshun Chemical Products and others. Among them, China and United States accounted for more than 50% of the total sales of global Guanidine Carbonate. HSCC is the world leading manufacturer in global Guanidine Carbonate market with the market share of 15.33%. Guanidine Carbonate market managed to increase sales by 3.97 percent to 203.33 million USD in worldwide in 2016. Overall, the Guanidine Carbonate market performance is positive, the demands for guanidine carbonate is very urging worldwide, despite the weak economic environment.
In the past few years, as the main raw material price was not stable, with the addition of a sharp increase in production capacity, expected that the Guanidine Carbonate raw material price will be relatively stable in the short term. However, the improvement of energy, transportation costs, and employee wages, will play a significant role in promoting the cost of Guanidine Carbonate. There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality.
The short on supply of Guanidine Carbonate in the market has had a positive impact but has been countered by the policy of the environment protection, resulting in uncertainty in the Guanidine Carbonate market. In China, Guanidine Carbonate manufactures mainly include HSCC, Hangzhou Xiangshun Chemical Products, Changzhou Yiwen Chemical, Nanjing Oriental Pearl Chemicals and others. China is the world’s largest producer of Guanidine Carbonate; as the same time, the consumption of Guanidine Carbonate in China grown gradually. In the result, Guanidine Carbonate in China was export-oriented until now.
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The global Guanidine Carbonate market is valued at 230 million US$ in 2018 is expected to reach 290 million US$ by the end of 2025, growing at a CAGR of 3.2% during 2019-2025. This report focuses on Guanidine Carbonate volume and value at global level, regional level and company level. From a global perspective, this report represents overall Guanidine Carbonate market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Segment by Regions
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Segment by Type
Segment by Application
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