INDUSTRIAL GRADE GUANIDINE
CARBONATE MARKET
OVERVIEW
Industrial Grade Guanidine Carbonate (CAS
No. 593-85-1) is an alkaline organic salt utilized across various industries, including cosmetics, detergents, textiles, and pharmaceuticals. Its chemical versatility and alkaline properties make it valuable for multiple applications.
MARKET SIZE AND GROWTH
01 02
MARKET SIZE (2024):
APPROXIMATELY USD 78
MILLION
PROJECTED MARKET SIZE (2032): AROUND USD 106.31
MILLION
COMPOUND ANNUAL GROWTH RATE (CAGR): 3.50% DURING THE FORECAST PERIOD.
MARKET SEGMENTATION
REGIONAL ANALYSIS
Study focuses on evaluating the market landscape, consumer trends, and competition pertinent to the new product.
MIDDLE EAST & AFRICA
Emerging market with potential growth in various industrial applications.
NORTH AMERICA
USD 21.56 million in 2023; CAGR of 3.00%, driven by demand in cosmetics, detergents, and textiles.
EUROPE
Growth supported by investments, raw material availability, and established supply chains.
ASIA-PACIFIC
Significant market due to rapid industrialization, technological innovations, and a growing consumer base.
KEY PLAYERS
Borealis
Vihita
FabriChem
