Nitroguanidine (CAS 556-88-7) Market Growth 2019-2024

Posted by ridhima malik on February 22nd, 2019


Nitroguanidine is an organic compound with the formula (NH2)2CNNO2. It is a colorless, crystalline solid that melts at 232 °C and decomposes at 250 °C. It is not flammable and is a low-sensitivity explosive; however, its detonation velocity is high. It is used as a propellant (air bags), fertilizer, and for other purposes.

In consumption market, the global consumption value of Nitroguanidine decreases with the 5.04% average growth rate. Europe and China are the mainly consumption regions due to the bigger demand of downstream applications. In 2015, these two regions occupied 86.54% of the global consumption volume in total.

The major raw materials for Nitroguanidine are calcium cyanamide,ammonium nitrate. Fluctuations in the price of the upstream product will impact on the production cost of Nitroguanidine. The production cost of Nitroguanidine is also an important factor which could impact the price of Nitroguanidine. The Nitroguanidine manufacturers are trying to reduce production cost by developing production method.

We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. In past five years, the price presents decreasing trend according to the economy development status and international competition. Also, it presents fluctuation in gross margin.

According to this study, over the next five years the Nitroguanidine (CAS 556-88-7) market will register a 5.9% CAGR in terms of revenue, the global market size will reach US$ 530 million by 2024, from US$ 400 million in 2019.

In particular, Nitroguanidine (CAS 556-88-7) Market report presents the global market share (sales and revenue) of key companies in Nitroguanidine (CAS 556-88-7) business, shared in Chapter 3.

Nitroguanidine (CAS 556-88-7) Market report presents a comprehensive overview, market shares, and growth opportunities of Nitroguanidine (CAS 556-88-7) market by product type, application, key manufacturers and key regions and countries.

Nitroguanidine (CAS 556-88-7) Market study considers the Nitroguanidine (CAS 556-88-7) value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

  • Industrial Grade
  • Medical Grade

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

  • Pharmaceuticals
  • Pesticides
  • Automotive airbags
  • Other

Nitroguanidine (CAS 556-88-7) Market report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil
  • APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Spain
  • Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

Nitroguanidine (CAS 556-88-7) Market manufacturers -

The key manufacturers covered in Nitroguanidine (CAS 556-88-7) Market report: Breakdown data in in Chapter 3.

  • IPI
  • AlzChem AG
  • Tendenci
  • Sino-Agri United
  • Soochow
  • Gulang Changhai
  • Beilite Chemical

In addition, Nitroguanidine (CAS 556-88-7) Market report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

  • To study and analyze the global Nitroguanidine (CAS 556-88-7) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
  • To understand the structure of Nitroguanidine (CAS 556-88-7) market by identifying its various subsegments.
  • Focuses on the key global Nitroguanidine (CAS 556-88-7) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Nitroguanidine (CAS 556-88-7) with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the consumption of Nitroguanidine (CAS 556-88-7) submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

Table of content

2019-2024 Global Nitroguanidine (CAS 556-88-7) Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Nitroguanidine (CAS 556-88-7) Consumption 2014-2024
2.1.2 Nitroguanidine (CAS 556-88-7) Consumption CAGR by Region
2.2 Nitroguanidine (CAS 556-88-7) Segment by Type
2.2.1 Industrial Grade
2.2.2 Medical Grade
2.3 Nitroguanidine (CAS 556-88-7) Consumption by Type
2.3.1 Global Nitroguanidine (CAS 556-88-7) Consumption Market Share by Type (2014-2019)
2.3.2 Global Nitroguanidine (CAS 556-88-7) Revenue and Market Share by Type (2014-2019)
2.3.3 Global Nitroguanidine (CAS 556-88-7) Sale Price by Type (2014-2019)
2.4 Nitroguanidine (CAS 556-88-7) Segment by Application
2.4.1 Pharmaceuticals

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ridhima malik
Joined: October 22nd, 2018
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