One of the major factor driving the global market for 1, 3 –Diphenylguanidine is the rising demand from the rubber industry 1, 3 –Diphenylguanidine. 1, 3 –Diphenylguanidine is mainly used as accelerators for vulcanization of rubber. It is also used as a secondary accelerator with thiazoles and sulphenamides in natural rubber and styrene-butadiene rubber compounds. Rubber is a material which is used in many applications such as tires in automobiles, footwear industries and so on. Automobiles sector is the major end user of rubber products globally. Hence, high demand is reported for 1, 3 –Diphenylguanidine from the market worldwide. 1, 3 –Diphenylguanidine is widely used in the chemical industry as a primary standard for acids. Hence, 1, 3 –Diphenylguanidine is anticipated to experience high demand from the chemical industry worldwide. Metal detection accounted as the third largest application of 1, 3 –Diphenylguanidine and is expected to rise at a steady growth during the forecast period.
Asia Pacific accounted for major share of global 1, 3 –Diphenylguanidine market in 2015 and is anticipated to rise in the near future. Growing demand for rubber products is anticipated to boost market demand for 1, 3 –Diphenylguanidine in the region. North America followed Asia Pacific in terms of demand and accounted as second largest market for 1, 3 –Diphenylguanidine. Europe accounted as third largest market for 1, 3 –Diphenylguanidine and is expected to increase during the forecast period due to growing automobile industries in the region. Other regions such as Middle East & Africa and Latin America are also projected to fuel market demand for 1, 3 –Diphenylguanidine in the near future.
1, 3 –Diphenylguanidine market was valued at US$ 102.1 Mn in 2014 and is expected to reach US$ 155.0 Mn by 2022, growing at a CAGR of 5.4% during the forecast period 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 make informed strategic decisions regarding the opportunities in the global 1, 3 –Diphenylguanidine market.
Target Audience
USP and Key Offerings
The report titled “Global 1, 3 –Diphenylguanidine Market - Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2022” offers strategic insights into the global 1, 3 –Diphenylguanidine market along with the market size and estimates for the duration 2015 to 2022. The said research study covers in-depth analysis of multiple market segments based on end-user applications, and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading 1, 3 –Diphenylguanidine vendors, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:
Overall, the research study provides a holistic view of the global 1, 3 –Diphenylguanidine market, of growth, offering market size and estimates for the period from 2015 to 2022, keeping in mind the above-mentioned factors.
On the basis of its application, the 1, 3 – Diphenylguanidine market is categorized into following segments:
Vulcanization of rubber accounted for major share of global 1, 3 – Diphenylguanidine market in 2015 and accounted for more than 55% revenue share. Growing demand from the automobile industry is the major factor driving the growth of global 1, 3 – Diphenylguanidine market worldwide. 1, 3 – Diphenylguanidine is an organic compound which is 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 both 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 – Diphenylguanidine due to high demand from the automobile industry for rubber products. Apart from its use as a 1, 3 – Diphenylguanidine 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, chemical industry is also expected to boost market demand for 1, 3 – Diphenylguanidine in the near future. Metal detection is another application segment which accounted as the third largest market for 1, 3 – Diphenylguanidine and is expected to fuel demand for 1, 3 – Diphenylguanidine during the forecast period from 2015 to 2022.
On the basis of geography, the global 1, 3-Diphenylguanidine market is segmented into following categories:
Asia Pacific accounted for largest share of global 1, 3 – Diphenylguanidine market in 2015 and is expected to increase in the near future. Vulcanization of rubber is the major application driving growth of global 1, 3 – Diphenylguanidine market Worldwide. Growing rubber industries in the region has boosted demand for 1, 3 – Diphenylguanidine in the market. Rising demand for automobiles from the emerging economies such as China and India has led to high demand for rubber products, thereby generating market growth for 1, 3 – Diphenylguanidine. Hence, high demand is reported for 1, 3 – Diphenylguanidine from the rubber and automobile industries in the region. Europe accounted as the second largest region for 1, 3 – Diphenylguanidine in 2015 and is expected to follow Asia Pacific in terms of demand. The growing automobile industry in Germany has boosted market demand for rubber products. Vulcanization of rubber is major application of 1, 3 – Diphenylguanidine and is expected to generate high demand from various end-user industries. Hence, 1, 3 – Diphenylguanidine is expected to experience high demand from Europe. Other regions such as Middle East & Africa and Latin America are also expected to fuel market demand for 1, 3 – Diphenylguanidine in the near future.