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Hexahydro-1,3,5-tris Market - Forecast(2023 - 2028)
Hexahydro-1,3,5-tris Market size is forecast to reach $95 million by 2025, after growing at a CAGR of 2% during 2020-2025. Hexahydro-1,3,5-triazine is a class of heterocyclic compounds with the formula (CH2NR)3. Hexahydro-1,3,5-tris-(-2-hydroxyethyl)-s-triazine is a product that is used for the formulation of antimicrobial products for use in metalworking cutting fluids, gas/oil drilling muds/packer fluids and industrial adhesives.
Key Takeaways
- Hexahydro-1,3,5-tris is ideal for offshore as well as onshore oilfield having a stricter requirement in space and also an investment.
- Hexahydro-1,3,5-tris-(-2-hydroxyethyl)-s-triazine is a formaldehyde condensate product that is used as an antimicrobial agent in metal working fluids.
- Asia Pacific dominated the Hexahydro-1,3,5-tris market, followed by North America and Europe.
By Type - Segment Analysis
Content below 78.5% segment held a significant share in Hexahydro-1,3,5-tris market in 2019. Hexahydro-1,3,5-tris is an equivalent of Actane. Hexahydro-1,3,5-tris is usually mostly applied as desulfurizer and anti-mildew agent. When used as desulfurizer, Hexahydro-1,3,5-tris is primarily to eliminate the H2S produced by the exploitation of oil and gas. As a result, ensuring the actual health inside the manufacturing industry and also lowering the H2S corrosion to equipment.
By Application - Segment Analysis
Metalworking cutting fluids segment held a significant share in Hexahydro-1,3,5-tris market in 2019 growing at a CAGR of 2.35% during the forecast period. Hexahydro-1,3,5-tris-(-2-hydroxyethyl)-s-triazine is widely used as an antimicrobial agent in metal working fluids. This material is not directly sold to consumers and has no known intended use in consumer products. Industrial products that contain significant levels of this material should include necessary safety labeling and provide appropriate handling and disposal methods. When handled responsibly, the potential for toxicity can be minimized, allowing workers to use materials containing hexahydro-1,3,5-tris-(-2-hydroxyethyl)-s-triazine safely, which is driving the market.
Geography- Segment Analysis
Asia Pacific dominated the Hexahydro-1,3,5-tris market with a share of more than 39%, followed by North America and Europe. This is primarily because of higher demand from the construction sector due to a growing population. Emerging markets, such as India and China, are expected to show the highest increase in demand for Hexahydro-1,3,5-tris during the forecast period, owing to rapid industrialization.
Drivers – Hexahydro-1,3,5-tris Market
- Growing demand from end-use industries
The key driving factors driving the Hexahydro-1,3,5-tris market are growing demand for Hexahydro-1,3,5-tris in the metal industry. When used as desulfurizer, Hexahydro-1,3,5-tris is primarily to eliminate the H2S produced by the exploitation of oil and gas. As a result, ensuring the actual health inside the manufacturing industry and also lowering the H2S corrosion to equipment.
Challenges – Hexahydro-1,3,5-tris Market
- Health hazardous substance
Workers may be exposed through skin contact as well as by inhaling and swallowing the oil mist that is produced when metalworking fluids are used. Recommended levels of use for Hexahydro-1,3,5-tris by application include, metalworking fluids, 400- 1,500 ppm (2,000 ppm may be required to control fungal growth or to inhibit bacterial growth in heavily contaminated fluids); oilfield water systems, 5-150 ppm; drilling muds and workover and completion fluids, 500-1000 ppm; and water-compensated fuel tanks, 100-1000 ppm.
Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Hexahydro-1,3,5-tris market. In 2019, the market of Hexahydro-1,3,5-tris has been consolidated by the top five players accounting for xx% of the share. Major players in the Hexahydro-1,3,5-tris market are Troy Corporation, Lonza, Stepan, Clariant, BASF, Buckman, S & D Fine Chemical, Fansun Chem, Million Chem and Xinxiang Xinhai Chemical among others.
1. Hexahydro-1,3,5-tris Market - Overview
1.1 Definitions and Scope
2. Hexahydro-1,3,5-tris Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Hexahydro-1,3,5-tris Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Hexahydro-1,3,5-tris Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Hexahydro-1,3,5-tris Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Hexahydro-1,3,5-tris Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Hexahydro-1,3,5-tris Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Hexahydro-1,3,5-tris Market - By Product Type(Market Size -$Million / $Billion)
8.1 Market Size and Market Share Analysis
8.2 Application Revenue and Trend Research
8.3 Product Segment Analysis
11.1 Hexahydro-1,3,5-tris Market - North America Segment Research
11.2 North America Market Research (Million / $Billion)
11.2.1 Segment type Size and Market Size Analysis
11.2.2 Revenue and Trends
11.2.3 Application Revenue and Trends by type of Application
11.2.4 Company Revenue and Product Analysis
11.2.5 North America Product type and Application Market Size
11.2.5.1 U.S
11.2.5.2 Canada
11.2.5.3 Mexico
11.2.5.4 Rest of North America
11.3 Hexahydro-1,3,5-tris- South America Segment Research
11.4 South America Market Research (Market Size -$Million / $Billion)
11.4.1 Segment type Size and Market Size Analysis
11.4.2 Revenue and Trends
11.4.3 Application Revenue and Trends by type of Application
11.4.4 Company Revenue and Product Analysis
11.4.5 South America Product type and Application Market Size
11.4.5.1 Brazil
11.4.5.2 Venezuela
11.4.5.3 Argentina
11.4.5.4 Ecuador
11.4.5.5 Peru
11.4.5.6 Colombia
11.4.5.7 Costa Rica
11.4.5.8 Rest of South America
11.5 Hexahydro-1,3,5-tris- Europe Segment Research
11.6 Europe Market Research (Market Size -$Million / $Billion)
11.6.1 Segment type Size and Market Size Analysis
11.6.2 Revenue and Trends
11.6.3 Application Revenue and Trends by type of Application
11.6.4 Company Revenue and Product Analysis
11.6.5 Europe Segment Product type and Application Market Size
11.6.5.1 U.K
11.6.5.2 Germany
11.6.5.3 Italy
11.6.5.4 France
11.6.5.5 Netherlands
11.6.5.6 Belgium
11.6.5.7 Denmark
11.6.5.8 Spain
11.6.5.9 Rest of Europe
11.7 Hexahydro-1,3,5-tris - APAC Segment Research
11.8 APAC Market Research (Market Size -$Million / $Billion)
11.8.1 Segment type Size and Market Size Analysis
11.8.2 Revenue and Trends
11.8.3 Application Revenue and Trends by type of Application
11.8.4 Company Revenue and Product Analysis
11.8.5 APAC Segment - Product type and Application Market Size
11.8.5.1 China
11.8.5.2 Australia
11.8.5.3 Japan
11.8.5.4 South Korea
11.8.5.5 India
11.8.5.6 Taiwan
11.8.5.7 Malaysia
11.8.5.8 Hong kong
11.8.5.9 Rest of APAC
11.9 Hexahydro-1,3,5-tris - Middle East Segment and Africa Segment Research
11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
11.10.1 Segment type Size and Market Size Analysis
11.10.2 Revenue and Trend Analysis
11.10.3 Application Revenue and Trends by type of Application
11.10.4 Company Revenue and Product Analysis
11.10.5 Middle East Segment Product type and Application Market Size
11.10.5.1 Israel
11.10.5.2 Saudi Arabia
11.10.5.3 UAE
11.10.6 Africa Segment Analysis
11.10.6.1 South Africa
11.10.6.2 Rest of Middle East & Africa
12. Hexahydro-1,3,5-tris Market - Entropy
12.1 New product launches
12.2 M&A s, collaborations, JVs and partnerships
13. Hexahydro-1,3,5-tris Market - Industry / Segment Competition landscape Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Top companies
13.1.2 Market Share by Region- Top 10 companies
13.1.3 Market Share by type of Application - Top 10 companies
13.1.4 Market Share by type of Product / Product category- Top 10 companies
13.1.5 Market Share at a global level - Top 10 companies
13.1.6 Best Practises for companies
14. Hexahydro-1,3,5-tris Market - Key Company List by Country Premium
15. Hexahydro-1,3,5-tris Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Ashland Inc
15.3 Basf Se
15.4 Dowdupont Inc
15.5 Eastman Chemical Company
15.6 Ecolab Inc
15.7 Evonik Industry Ag
15.8 Haihang Industry Co, Ltd
15.9 Lonza Group
15.10 Merck Kgaa
15.11 Sintez Oka
15.12 Company 11
15.13 Company 12 & More
16.1 Abbreviations
16.2 Sources
17. Hexahydro-1,3,5-tris Market - Methodology
17.1 Research Methodology
17.1.1 Company Expert Interviews
17.1.2 Industry Databases
17.1.3 Associations
17.1.4 Company News
17.1.5 Company Annual Reports
17.1.6 Application Trends
17.1.7 New Products and Product database
17.1.8 Company Transcripts
17.1.9 R&D Trends
17.1.10 Key Opinion Leaders Interviews
17.1.11 Supply and Demand Trends
1.1 Definitions and Scope
2. Hexahydro-1,3,5-tris Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Hexahydro-1,3,5-tris Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Hexahydro-1,3,5-tris Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Hexahydro-1,3,5-tris Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Hexahydro-1,3,5-tris Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Hexahydro-1,3,5-tris Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Hexahydro-1,3,5-tris Market - By Product Type(Market Size -$Million / $Billion)
8.1 Market Size and Market Share Analysis
8.2 Application Revenue and Trend Research
8.3 Product Segment Analysis
8. Hexahydro-1,3,5-tris Market - By Product Type(Market Size -$Million / $Billion)
9. Hexahydro-1,3,5-tris Market - By End-User Industry(Market Size -$Million / $Billion)
9.1 Metal Processing
9.2 Oil & Gas
9.3 Adhesives
9.4 Paints & Coatings
9.5 Water Treatment
9.6 Plastics
9.7 Others
10. Hexahydro-1,3,5-tris - By Application Type(Market Size -$Million / $Billion)
10.1 Hydrogen Sulfide (H2S) sequester
10.2 Antimicrobial growth Inhibitor
10.3 Intermediates & Raw Materials
11. Hexahydro-1,3,5-tris- By Geography (Market Size -$Million / $Billion)11.1 Hexahydro-1,3,5-tris Market - North America Segment Research
11.2 North America Market Research (Million / $Billion)
11.2.1 Segment type Size and Market Size Analysis
11.2.2 Revenue and Trends
11.2.3 Application Revenue and Trends by type of Application
11.2.4 Company Revenue and Product Analysis
11.2.5 North America Product type and Application Market Size
11.2.5.1 U.S
11.2.5.2 Canada
11.2.5.3 Mexico
11.2.5.4 Rest of North America
11.3 Hexahydro-1,3,5-tris- South America Segment Research
11.4 South America Market Research (Market Size -$Million / $Billion)
11.4.1 Segment type Size and Market Size Analysis
11.4.2 Revenue and Trends
11.4.3 Application Revenue and Trends by type of Application
11.4.4 Company Revenue and Product Analysis
11.4.5 South America Product type and Application Market Size
11.4.5.1 Brazil
11.4.5.2 Venezuela
11.4.5.3 Argentina
11.4.5.4 Ecuador
11.4.5.5 Peru
11.4.5.6 Colombia
11.4.5.7 Costa Rica
11.4.5.8 Rest of South America
11.5 Hexahydro-1,3,5-tris- Europe Segment Research
11.6 Europe Market Research (Market Size -$Million / $Billion)
11.6.1 Segment type Size and Market Size Analysis
11.6.2 Revenue and Trends
11.6.3 Application Revenue and Trends by type of Application
11.6.4 Company Revenue and Product Analysis
11.6.5 Europe Segment Product type and Application Market Size
11.6.5.1 U.K
11.6.5.2 Germany
11.6.5.3 Italy
11.6.5.4 France
11.6.5.5 Netherlands
11.6.5.6 Belgium
11.6.5.7 Denmark
11.6.5.8 Spain
11.6.5.9 Rest of Europe
11.7 Hexahydro-1,3,5-tris - APAC Segment Research
11.8 APAC Market Research (Market Size -$Million / $Billion)
11.8.1 Segment type Size and Market Size Analysis
11.8.2 Revenue and Trends
11.8.3 Application Revenue and Trends by type of Application
11.8.4 Company Revenue and Product Analysis
11.8.5 APAC Segment - Product type and Application Market Size
11.8.5.1 China
11.8.5.2 Australia
11.8.5.3 Japan
11.8.5.4 South Korea
11.8.5.5 India
11.8.5.6 Taiwan
11.8.5.7 Malaysia
11.8.5.8 Hong kong
11.8.5.9 Rest of APAC
11.9 Hexahydro-1,3,5-tris - Middle East Segment and Africa Segment Research
11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
11.10.1 Segment type Size and Market Size Analysis
11.10.2 Revenue and Trend Analysis
11.10.3 Application Revenue and Trends by type of Application
11.10.4 Company Revenue and Product Analysis
11.10.5 Middle East Segment Product type and Application Market Size
11.10.5.1 Israel
11.10.5.2 Saudi Arabia
11.10.5.3 UAE
11.10.6 Africa Segment Analysis
11.10.6.1 South Africa
11.10.6.2 Rest of Middle East & Africa
12. Hexahydro-1,3,5-tris Market - Entropy
12.1 New product launches
12.2 M&A s, collaborations, JVs and partnerships
13. Hexahydro-1,3,5-tris Market - Industry / Segment Competition landscape Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Top companies
13.1.2 Market Share by Region- Top 10 companies
13.1.3 Market Share by type of Application - Top 10 companies
13.1.4 Market Share by type of Product / Product category- Top 10 companies
13.1.5 Market Share at a global level - Top 10 companies
13.1.6 Best Practises for companies
14. Hexahydro-1,3,5-tris Market - Key Company List by Country Premium
15. Hexahydro-1,3,5-tris Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Ashland Inc
15.3 Basf Se
15.4 Dowdupont Inc
15.5 Eastman Chemical Company
15.6 Ecolab Inc
15.7 Evonik Industry Ag
15.8 Haihang Industry Co, Ltd
15.9 Lonza Group
15.10 Merck Kgaa
15.11 Sintez Oka
15.12 Company 11
15.13 Company 12 & More
*Financials would be provided on a best efforts basis for private companies
16. Hexahydro-1,3,5-tris Market - Appendix16.1 Abbreviations
16.2 Sources
17. Hexahydro-1,3,5-tris Market - Methodology
17.1 Research Methodology
17.1.1 Company Expert Interviews
17.1.2 Industry Databases
17.1.3 Associations
17.1.4 Company News
17.1.5 Company Annual Reports
17.1.6 Application Trends
17.1.7 New Products and Product database
17.1.8 Company Transcripts
17.1.9 R&D Trends
17.1.10 Key Opinion Leaders Interviews
17.1.11 Supply and Demand Trends