1, 3 – Diphenylguanidine Market By Application (Vulcanization of Rubber, Primary Standards for Acids and Metal Detection) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022

One of the major factors driving the global market for 1,3-diphenyl guanidine is the rising demand from the rubber industry for 1,3-diphenyl guanidine. 1,3-Diphenylguanidine is mainly used as an accelerator for the vulcanization of rubber. It is a secondary accelerator with thiazoles and sulfenamides in natural rubber and styrene-butadiene rubber compounds. Rubber is a material that is used in many applications, such as tires in automobiles, the footwear industry, and so on.

The automobile sector is the major end-user of rubber products globally. Hence, high demand is reported for 1,3-diphenyl guanidine from the market worldwide. 1,3-Diphenylguanidine is widely used in the chemical industry as a primary standard for acids. Hence, 1,3-diphenyl guanidine is anticipated to experience high demand from the chemical industry worldwide. Metal detection accounted for the third largest application of 1, 3-diphenyl guanidine and is expected to rise steadily during the forecast period.

Asia Pacific accounted for a major share of the global 1,3-diphenyl guanidine market in 2015 and is anticipated to rise shortly. Growing demand for rubber products is anticipated to boost market demand for 1,3-diphenyl guanidine in the region. North America followed Asia Pacific regarding demand and accounted for the second largest market for 1, 3-diphenyl guanidine. Europe accounted for the third largest market for 1, 3-diphenyl guanidine and is expected to increase during the forecast period due to growing automobile industries in the region. Other regions, such as the Middle East, Africa, and Latin America, are also projected to fuel market demand for 1, 3-diphenyl guanidine shortly.

The 1, 3-diphenyl guanidine market was valued at US$ 102.1 million in 2014 and is expected to reach US$ 155.0 million by 2022, growing at a CAGR of 5.4% during the forecast period of 2015–2022.

Purpose of the Report

The purpose of this strategic research study titled "Global 1, 3 Diphenylguanidine Market: Growth, Share, Opportunities, and Competitive Analysis, 2015–2022" is to provide company executives, industry investors, and industry participants with in-depth insights to enable them to make informed strategic decisions regarding the opportunities in the global 1, 3 Diphenylguanidine markets.

Target Audience

• Industry Investors
• 1, 3 Diphenylguanidine Providers/Vendors
• Research Professionals
• Emerging Companies
• Raw Material Suppliers and Buyers
• Product Suppliers and Buyers
• Research Institutes

Based on its application, the 1, 3-diphenyl guanidine market is categorized into the following segments:

• Vulcanization of Rubber
• Primary Standard for Acids
• Metal Detection

Vulcanization of rubber accounted for the major share of the global 1,3, Diphenylguanidine market in 2015 and more than 55% of revenue share. Growing demand from the automobile industry is the major factor driving the growth of the global 1,3–diphenyl guanidine market worldwide. 1, 3: Diphenylguanidine is an organic compound used as a primary and secondary accelerator in the vulcanization of rubber. It is widely used in the rubber industry for manufacturing tires, rubber shoes, and various other rubber products. 1, 3: Diphenylguanidine is suitable for synthetic and natural rubber and can be used as an activator for thiuram and thiazole. Therefore, high demand is projected from the rubber industry for 1,3–diphenyl guanidine due to high demand from the automobile industry for rubber products. Apart from its use as 1, 3–diphenyl guanidine, it is also used as a primary material for standardizing acids. It is used as a secondary foam stabilizer in the silicofluoride foam process.

Hence, the chemical industry is expected to boost market demand for 1, 3–diphenyl guanidine shortly. Metal detection is another application segment that accounted for the third largest market for 1, 3–diphenyl guanidine and is expected to fuel demand for 1, 3–diphenyl guanidine during the forecast period from 2015 to 2022.

Based on geography, the global 1-diphenyl guanidine market is segmented into the following categories:

• North America
• U.S.
• Canada
• Europe
• France
• Germany
• UK
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
• Middle East and Africa
• Latin America

Asia Pacific accounted for the largest share of the global 1,3-diphenyl guanidine market in 2015 and is expected to increase shortly. Vulcanization of rubber is the major application driving the growth of the global 1,3–diphenyl guanidine market worldwide. Growing rubber industries in the region have boosted demand for 1,3–diphenyl guanidine in the market. Rising automobile demand from emerging economies such as China and India has led to high demand for rubber products, thereby generating market growth for 1,3–diphenyl guanidine. Hence, high demand is reported for 1,3–diphenyl guanidine from the rubber and automobile industries in the region.

In 2015, Europe accounted as the second largest region for 1,3–diphenyl guanidine and was expected to follow the Asia Pacific in terms of demand. The growing automobile industry in Germany has boosted the market demand for rubber products. Vulcanization of rubber is a major application of 1,3–diphenyl guanidine and is expected to generate high demand from various end-user industries. Hence, 1,3–diphenyl guanidine is expected to experience high European demand. Other regions, such as the Middle East, Africa, and Latin America, are also expected to fuel market demand for 1,3–diphenyl guanidine shortly.

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