2-Imidazolidinone Research:CAGR of 4.7% during the forecast period

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2024 latest report "1,3 Dimethyl-2-Imidazolidinone- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030". Based on current situation and impact historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.



1,3 Dimethyl-2-Imidazolidinone is a high purity aprotic solvent, is composed of nitrogen containing five membered ring compound and widely recognized as an epoch making solvent. It is a colorless, transparent, high polar solvent with high thermal and chemical stability and non-corrosiveness.



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2-Imidazolidinone Market Summary

2-Imidazolidinone is an organic compound with a five-membered ring structure, which consists of two nitrogen atoms and three carbon atoms. Its chemical formula is C₃H₆N₂O. It belongs to the imidazolidinone class of compounds, which is polar and has good water solubility. 2-Imidazolidinone is widely used in the chemical industry, and is often used as a chemical intermediate, cross-linking agent, and ingredient in the fields of cosmetics and medicine. It is especially important in fabric treatment, resin formulation and polymer chemistry.

According to the new market research report "Global 2-Imidazolidinone Market Report 2024-2030", published by QYResearch, the global 2-Imidazolidinone market size is projected to reach USD 0.3 billion by 2030, at a CAGR of 4.7% during the forecast period.



Global 2-Imidazolidinone MarketSize(US$ Million), 2019-2030
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Above data is based on report from QYResearch: Global 2-Imidazolidinone Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

Global 2-Imidazolidinone Top9Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
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Above data is based on report from QYResearch: Global 2-Imidazolidinone Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

According to QYResearch Top Players Research Center, the global key manufacturers of 2-Imidazolidinone include Hebei Kangzhuang, BASF, etc. In 2023, the global top three players had a share approximately 63.0% in terms of revenue.

2-Imidazolidinone,Global Market Size, Split by Product Segment
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Based on or includes research from QYResearch: Global 2-Imidazolidinone Market Report 2024-2030.

In terms of product type, Purity: 95%-97% is the largest segment, hold a share of 37.6%,

In terms of product application, Resin Industry is the largest application, hold a share of 30.5%,



Market Drivers:

Increasing requirements for durability and functionality of textiles

The textile industry has an increasing demand for high-performance functional textiles, such as anti-wrinkle, antibacterial, waterproof and durable fabrics. Such products have high requirements for chemical finishing agents, and 2-Imidazolidinone, as a non-formaldehyde-releasing anti-wrinkle finishing agent, can meet these high-performance requirements. Especially in the fields of high-end clothing, home textiles and industrial textiles, the application of 2-Imidazolidinone will continue to grow due to its performance advantages.

The demand for quality improvement in the papermaking industry

The technology in the papermaking industry continues to advance, and the requirements for the physical and chemical properties of paper are also increasing. 2-Imidazolidinone is widely used to improve the strength, durability and smoothness of paper, especially in the field of high-quality paper and specialty paper manufacturing. With the rapid expansion of e-commerce and packaging industries, the demand for paper quality continues to rise, which directly promotes the growth of 2-Imidazolidinone in papermaking applications.

The demand for environmentally friendly materials in the construction and coatings industries

The demand for environmentally friendly, low-VOC (volatile organic compound) materials in the architectural coatings and adhesives market has driven the application of 2-Imidazolidinone. As a crosslinking agent and curing agent, 2-Imidazolidinone can improve the durability, water resistance and environmental protection of coatings, which meets the demand of the construction industry for green materials. In addition, consumers' concern about indoor air quality has also led to the rapid expansion of the market for environmentally friendly coatings.

Global textile exports and trade growth

The accelerated process of globalization, especially the growth of textile exports, has driven the demand for 2-Imidazolidinone. Many developing countries, such as Bangladesh, Vietnam and Pakistan, are rapidly becoming global textile production bases. These countries have a surge in demand for textile finishing agents, and 2-Imidazolidinone is popular for its anti-wrinkle and durability finishing functions, especially in export fabrics.

Restraint:

High production cost

The production process of high-purity 2-Imidazolidinone and its derivatives is relatively complex, involving precise chemical reactions and strict purification steps, resulting in high production costs. In particular, the increasing demand for high-purity 2-Imidazolidinone means that the optimization of production processes and cost control have become more important. This high cost limits its wide application in certain fields, especially in cost-sensitive markets.

Fierce market competition

As a specialty chemical, 2-Imidazolidinone faces alternative competition from other chemicals. For example, in the field of textile treatment, although the formaldehyde-free characteristics of 2-Imidazolidinone have advantages, there are other environmentally friendly anti-wrinkle finishing agents on the market, such as epichlorohydrin and polyurethane chemicals. Technological advances in these alternatives may slow down the expansion of 2-Imidazolidinone in certain applications.

Fluctuation in raw material supply

The production of 2-Imidazolidinone depends on specific raw materials, and the supply of certain raw materials in the market may be subject to factors such as price fluctuations, changes in production or global supply chain disruptions. If the supply chain of key raw materials is unstable, it will directly affect the production and cost control of 2-Imidazolidinone. In addition, changes in environmental policies may also lead to restrictions on the production of chemical raw materials, further affecting the supply of 2-Imidazolidinone.

Environmental regulations and compliance pressure

Although 2-Imidazolidinone has advantages in some areas due to its environmentally friendly characteristics, wastewater, waste gas treatment and energy consumption during production and use may still be subject to strict environmental regulatory requirements. Especially in Europe, the United States and other developed countries, chemical production companies need to follow strict chemical safety regulations such as REACH and TSCA, which increases the compliance costs of companies. This may limit small manufacturers from entering the market or inhibit the rapid expansion of the industry.

Opportunity:

Growth of the cosmetics and skincare market

2-Imidazolidinone is used as a moisturizer and skin conditioner in cosmetics to help maintain skin moisture and improve skin texture. With the rapid growth of the global skincare market and the increasing demand for effective moisturizing and anti-aging products, 2-imidazolidinone has broad prospects for use in high-end skincare formulations. This has brought growth opportunities to companies producing 2-imidazolidinone, especially in the context of the popularity of natural and mild ingredients.

Diversified demand for industrial applications

Due to its unique chemical structure, the application of 2-imidazolidinone as a cross-linking agent, chemical intermediate, stabilizer and solvent is expanding, especially in the fields of textiles, resins, and plastic processing. In these fields, it helps to improve the durability and performance of products. Therefore, as these industries increase their demand for high-performance materials, the market prospects for industrial applications of 2-imidazolidinone are optimistic.

Promotion of green chemistry and sustainable development

In recent years, the concept of green chemistry and sustainable development has driven the demand for environmentally friendly chemicals. 2-imidazolidinone is considered to be a relatively environmentally friendly chemical with good biodegradability and low toxicity. In an environment of increasingly stringent regulations, chemical and pharmaceutical companies have increased their demand for low-toxic, degradable chemical intermediates, bringing new opportunities for the market application of 2-imidazolidinone.

Innovative applications in the pharmaceutical field

In the pharmaceutical field

2-imidazolidinone can be used as an important intermediate in drug synthesis or developed as a molecular skeleton for new drugs. Due to its structural diversity and relative safety, scientists are exploring its potential application in anti-inflammatory, anti-cancer and other drugs. In addition, with the advancement of precision medicine and biopharmaceutical technology, 2-imidazolidinone may become an important chemical tool in the development of new drugs, which brings it broad application prospects in the pharmaceutical field.







The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.



The 1,3 Dimethyl-2-Imidazolidinone market is segmented as below:

By Company

Mitsui Chemicals
Hebei Kangzhuang Environmental Protection Technology
Sankyo Chemical
Actylis (New Mountain Capital)
Huateng Pharma
Beijing Wisdom Chemical
Haihang Industry



Segment by Type

≥99%

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