Trichloroisocyanuric acid is an organic compound that appears as a white crystalline powder with a strong chlorine gas irritating odor. It is an extremely strong oxidizing and chlorinating agent, with efficient, broad-spectrum, and relatively safe disinfection effects.
Trichloroisocyanuric acid can be considered as a chemical disinfectant or bleach. It has excellent bactericidal performance and can have a certain killing effect on bacteria, viruses, fungi, spores, insect eggs, etc. Therefore, it is widely used for disinfection and sterilization of drinking water, industrial circulating water, swimming pools, restaurants, hotels, public places, homes, hospitals, etc. In addition, this product can also be applied in multiple fields such as food, dairy products, rice seed processing, fruit preservation, fiber bleaching, wool anti-shrinkage, and daily chemical decolorization.
Overview of Market Development
Trichloroisocyanuric acid, as an important organic chemical raw material, is widely used in various fields such as medicine, pesticides, and water treatment. Due to its advanced industrial foundation and huge market demand, North America has always been one of the important markets for trichloroisocyanuric acid. According to our research data, the market size of trichloroisocyanuric acid in North America was $449 million in 2023, an increase of 5.74% compared to 2022.
In the future, the market is expected to continue to maintain stable growth. On the one hand, with the advancement of technology and process improvement, the production cost of trichloroisocyanuric acid will gradually decrease, and the product quality will be further improved; On the other hand, with the increasingly strict environmental regulations, enterprises will pay more attention to the environmental performance of their products, promoting market development towards a more green and sustainable direction. It is expected that by 2028, the market size of trichloroisocyanuric acid in North America will continue to increase to $607 million.
Analysis of Market Supply and Demand Situation
From the perspective of market supply, data shows that the total production of trichloroisocyanuric acid in North America in 2023 was 227.8k tons. Among them, the production of trichloroisocyanuric acid tablets was 129.7k tons, accounting for 56.97% of the total production and occupying a dominant position.
From the perspective of market demand, the demand for trichloroisocyanuric acid in North America mainly comes from civil use (mainly used as a disinfectant), chemical, textile, and water treatment fields. With the improvement of people's living standards and the enhancement of environmental awareness, the demand for high-quality trichloroisocyanuric acid in these fields is also increasing.
At present, the civil use field (disinfectant) is the largest downstream application market for trichloroisocyanuric acid. The data shows that in 2023, the consumption of trichloroisocyanuric acid (disinfectant) in the civil use field in North America was 179.7k tons, accounting for 78.89% of the consumption. In addition, the water treatment market in North America has enormous potential, especially in the treatment of industrial and domestic wastewater, and the demand for trichloroisocyanuric acid will continue to grow.
North America Trichloroisocyanuric Acid Market Size Forecast and Market Segment Analysis
Source: www.globalmarketmonitor.com
Market Analysis of Major Countries
From the perspective of market development in major countries, the US is the largest consumer of trichloroisocyanuric acid in North America, with a consumption of 178.6k tons in 2023, accounting for 78.40% of the total consumption; In addition, the consumption of trichloroisocyanuric acid in Canada and Mexico accounted for 9.39% and 12.20%, respectively.
North America Trichloroisocyanuric Acid Consumption and Proportion by Country in 2023
|
Countries |
Consumption (K Tons) |
Proportion |
|
US |
178.6 |
78.40% |
|
Canada |
21.4 |
9.39% |
|
Mexico |
27.8 |
12.20% |
Source: www.globalmarketmonitor.com
For more industry information, please refer to our latest released "2023 Global Trichloroisocyanuric Acid Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".
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