1,2,4-Triazole Market
1,2,4-Triazole Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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1,2,4-Triazole Market Size and Growth
The 1,2,4-Triazole market is witnessing steady growth, driven by its applications in agriculture and pharmaceuticals. The global market size is projected to reach approximately $1.5 billion by 2025, with an annual growth rate of around 4%. Key factors include increasing demand for fungicides and rising agricultural production globally. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ LANXESS
◍ Ratnamani Bio-Chemicals & Pharmaceuticals
◍ Arkema
The 1,2,4-Triazole market is expanding, driven by companies like LANXESS, Ratnamani Bio-Chemicals & Pharmaceuticals, Arkema, and ianYunGang TengYuan Chemical Co., Ltd. These firms utilize 1,2,4-Triazole in pharmaceuticals and agrochemicals, enhancing product offerings and market reach, thus fostering growth.
Revenue figures:
◍ ianYunGang TengYuan Chemical Co.,Ltd.
- LANXESS: ~$8 billion
- Arkema: ~$10 billion
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