Ethyleneurea, Global Key Players Rank and Market Share, Top 10 Companies Hold 68.9% (2022) (Internet Services - Other Internet Services)
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Ethyleneurea, Global Key Players Rank and Market Share, Top 10 Companies Hold 68.9% (2022) | |
Ethyleneurea also known as 2-imidazolidinone, ethylene urea, etc., is an important member of imidazole series compounds and is an efficient formaldehyde trapping agent. Excellent tear and wrinkle finish for everyday textiles. Due to its advantages of low toxicity, high polarity and high safety, 2-imidazolidinone and its derivatives have become important intermediates in the synthesis of medicines and pesticides, and are widely used in the synthesis of various antibiotics and pesticides. In addition, imidazolone compounds can also be added to metals as corrosion inhibitors to inhibit the corrosion of metals. Therefore, it has a broad market prospect, especially the high-purity 2-imidazolidinone and its derivatives have become the scarce fine chemicals. According to the new market research report “Global Ethyleneurea Market Report 2023-2029”, published by QYResearch, the global Ethyleneurea market size is projected to reach USD 0.34 billion by 2029, at a CAGR of 12.9% during the forecast period. According to QYResearch Top Players Research Center, the global key manufacturers of Ethyleneurea include BASF, Hebei Kangzhuang, etc. In 2022, the global top three players had a share approximately 54.0% in terms of revenue. 1.Growth in demand in the rubber industry: Vinyl urea is one of the main accelerators for vulcanized rubber. Therefore, with the development of the automobile industry and other industrial sectors, the increased demand for rubber will drive the growth in demand for ethylene urea. 2.Pesticide market expansion: As one of the important ingredients in pesticides, ethylene urea's market will also expand as the demand for pesticides, herbicides and other products increases in the global agricultural field. 3.Development of new technologies and applications: With the advancement of science and technology, ethylene urea may find new applications in other fields, such as the pharmaceutical field. New applications and technologies will drive further development of the ethylene urea industry. Restraint: 1.Environmental pressure: Some harmful substances, such as formaldehyde, may be produced during the production of ethylene urea. Therefore, strengthening environmental regulations and increasing demand for environmentally friendly production methods may restrict the development of the ethylene urea industry. 2.Unstable supply of raw materials: The main raw materials of ethylene urea include urea and formaldehyde, and their supply is affected by fluctuations in the raw material market and instability in the supply chain. Fluctuations in raw material prices and supply disruptions may have an impact on production in the ethylene urea industry. 3.Competition of substitutes: With the advancement of technology, products or production methods that can replace ethylene urea may appear. These substitutes may have lower costs or more environmentally friendly characteristics, thus posing competitive pressure on the ethylene urea industry. Opportunity: 1.Increased demand for sustainable development: As the global demand for environmentally friendly products and production methods increases, ethylene urea, as an important organic compound, may be more widely used in the rubber industry, pesticide industry and other fields because of its use in The roles played in these industries are irreplaceable. 2.Development of new application fields: With the continuous advancement of science and technology, ethylene urea may find new uses in new application fields such as medicine. For example, its potential use in drug synthesis may bring new growth points to the ethylene urea industry. 3.Technological innovation drives market demand: With the continuous innovation of technology, ethylene urea production technology may be improved, such as the introduction of new efficient production processes, comprehensive utilization of by-products, etc., which will improve the production efficiency of ethylene urea and reduce costs, Promote market demand growth. For more information, please contact the following e-mail address: Email: global@qyresearch.com Website: https://www.qyresearch.com QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.  | |
| Target State: All States Target City : All Cities Last Update : Apr 02, 2024 2:23 AM Number of Views: 27 | Item Owner : Joyce Contact Email: Contact Phone: 13051817187 |
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2024-05-03 (0.395 sec)