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.

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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, this report presents the global market share (sales and revenue) of key companies in Nitroguanidine (CAS 556-88-7) business.

This 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.

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

Segmentation by product type

Industrial Grade

Medical Grade

Segmentation by application

Pharmaceuticals

Pesticides

Automotive airbags

Other

This report also splits the market by region

Americas

APAC

Europe

Middle East & Africa

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

The key manufacturers covered in this report

IPI

AlzChem AG

Tendenci

Sino-Agri United

Soochow

Gulang Changhai

Beilite Chemical

...

In addition, this 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.

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