Global Triazine Market Analysis and Review by Experts 2017

Global Triazine Market Overview: A triazine is a class of heterocycles which contains nitrogen. The molecular formula of the progenitor molecules is C3H3N3. They exist in three isomeric forms,...

Global Triazine Market Overview:

A triazine is a class of heterocycles which contains nitrogen. The molecular formula of the progenitor molecules is C3H3N3. They exist in three isomeric forms, 1,3,5-triazines being common, triazine MMA being a cyclic tertiary triamine, and MEA-triazine is the most widely used chemical for applications requiring a non-regenerative H2S sensor. There are other available chemicals (MMA-triazine, glyoxal, zinc-based, iron-based and others), but MEA-triazine holds the largest share of the market as it is the least expensive solution. Triazines are inexpensive despite the fact that the molar efficiency of the chemistry in H2S capture is well below the theoretical maximum efficiency.

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Global Triazine Market Applications and Uses:

MMA triazine is a cyclic tertiary triamine. It is mainly used as an acid gas sensor such as H2S and mercaptans in gaseous or liquid hydrocarbon streams. Triazines are also widely used in the oil and gas and oil processing industries as a non-regenerative sulfur removal agent; they are applied to fluid streams to remove hydrogen sulphide and mercaptan species, which can reduce the quality of the treated hydrocarbon and adversely affect the infrastructure of the pipeline and facilities if not removed.

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Global Triazine Market Statistics and Trends:

Triazine consumption in North America reached 49 KT at the end of 2017, with an annual growth rate of around 1.5% in recent years for production. The application of triazine in the medical, oil and gas sector has received increased attention, making it a rapid development in recent years. The global triazine market is worth more than $ 157.54 million, according to statistics. In fact, the triazine market is far from mature. However, as the production of raw materials such as palm and coconut is limited to Southeast Asia, the structure of competition would not change significantly in subsequent years. For price trend analysis, a key variable in the performance of triazine producers is the cost of raw materials, particularly the speed at which any increases can be transferred to customers.

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Key Players of the Global Triazine Market:

Eastman, Hexion, Lonza, Stepan, DBWT, Evonik, Multi-Chem (Halliburton), Baker Hughes, Ecolab, Sintez OKA, and Dow Chemical are the major players of Global Triazine Market.

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