Trichloroisocyanuric Acid Market: Introduction
Trichloroisocyanuric acid is a type of organic chemical compound with the chemical formula C3Cl3N3O3. The physical appearance of trichloroisocyanuric acid is white crystalline solid and it has a strong pungent odor. Moreover, trichloroisocyanuric acid can cause a fire when it comes into contact with a flammable substance. Trichloroisocyanuric acid can be synthesized from cyanuric acid via reaction with sodium hydroxide and chlorine gas. Trichloroisocyanuric acid may be incompatible with water, acids, reducing agents and strong oxidizing agents as well as it might be decomposed in contact with moisture.
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Furthermore, trichloroisocyanuric acid is widely used as a bleaching agent, industrial disinfectants, and a reagent in the organic synthesis in the multitudinous industries such as water and wastewater treatment, textile, and agriculture, among others. Trichloroisocyanuric acid is marketed in the form of a tablet, powder, and granular material. Salts of trichloroisocyanuric acid is entitled as trichloroisocyanurates
Trichloroisocyanuric Acid Market: Dynamics
Trichloroisocyanuric Acid Market Drivers:
- Increasing Demand for Trichloroisocyanuric Acid from Water Treatment Application: Water and wastewater treatment is a major driving factor for the trichloroisocyanuric acid market across the globe. Globally, trichloroisocyanuric acid predominantly used as a disinfectant in the civil sanitation for spas and pools, wastewater treatment, as an algaecide for recycled water. Trichloroisocyanuric acid is easy to handle than chlorine gas and such factor make it more compatible for swimming pools. Trichloroisocyanuric acid is dissolved slowly, but it reacts with the cyanuric acid concentration present in the swimming pool will be dissolved easily. The numerous advantages of trichloroisocyanuric acid in water treatment is expected to lay a strong platform for robust market growth in the upcoming years.
- Growing Demand for Trichloroisocyanuric Acid from numerous end-use industries: Growing demand for trichloroisocyanuric acid across various industries such as agriculture and horticulture, textile, and dye among others are expected to boost the market growth during the forecast period. Trichloroisocyanuric Acid is used as bleaching agent in the textile industry and as a disinfectant for preventing and curing diseases in fisheries and animal husbandry, and vegetable & fruit preservation. In the agriculture and horticulture industry, trichloroisocyanuric acid is used for seeds treatment.
Trichloroisocyanuric Acid Market Restraints:
- Presence of alternatives and impact of regulations: The presence of alternative chemical compound to trichloroisocyanuric acid and impact of stringent regulations in the water treatment are anticipated to hampering the market growth during the forecast period
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Trichloroisocyanuric Acid Market: Regional outlook
Around the world, several diseases are caused by drinking and using contaminated water. For this, numerous technologies and chemicals are developed for water treatment in which one of them is trichloroisocyanuric acid chemical compound. From the regional perspective, the Asia Pacific is one of the most lucrative region in the global trichloroisocyanuric acid market and is projected to witness prominent growth during the forecast period. Intensifying demand for safe and treated water across the Asia Pacific region for constraining diseases that is innate from polluted water. Such factor is expected to significantly driving the trichloroisocyanuric acid market growth during the forecast period. Moreover, the positive impact of various regulations and standards regarding safe water infrastructure and system across North America and European region are also projected to lay a strong base for trichloroisocyanuric acid market growth in the upcoming years. The Middle East and Africa and Latin America are projected to witness robust growth in the global trichloroisocyanuric acid market during the forecast period. Owing to the constructive scenario of end-use industries including agriculture, water treatment, etc.
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Trichloroisocyanuric Acid Market: Market participants
Some of the key market participants are engaged in the global trichloroisocyanuric acid market are:
- The Monsanto Company
- FMC Corporation
- Occidental Chemical Corporation
- Zeel Products
- Hebei Jiheng Chemistry Co.,Ltd.
- ICL Industrial Products
- Nanning Chemical Group Limited Company
- Sinopec
- PAT IMPEX
- Shikoku Chemicals Corporation
- Nippon Soda
- Nissan Chemical Industries, Ltd.
- Ercros SA
- Nankai Chemical Co., Ltd.