Global Azodicarbonamide Market Size, Share & Trends Analysis Report, Grade (Industrial Grade and Food Grade), End-user Industry (Plastic and Rubber Industry, Food and Beverage Industry, Leather and Textile Industry, and Other End-user Industries), By Region (North America, Europe, APAC, and Others), and Segment Forecasts, 2023 – 2030
  • Published Date: Nov, 2023
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  • Pages: 200
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  • Methodology
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Global Azodicarbonamide Market was valued at US $ 3.1 Billion in 2022 and is expected to reach US $ 4.7 Billion by 2030 growing at a CAGR of 5.2% during the forecast period 2023 – 2030.
The Azodicarbonamide market encompasses the global trade and utilization of Azodicarbonamide, a versatile chemical compound widely employed in various industries. This market includes the production, distribution, and application of Azodicarbonamide in sectors such as plastics, rubber, food processing, chemicals, textiles, and others. Azodicarbonamide is commonly used as a blowing agent, flour bleaching agent, and dough conditioner, contributing to lightweight material production, quality enhancement, and improved manufacturing efficiency. The market encompasses manufacturers, suppliers, and end-users seeking to harness the diverse benefits of Azodicarbonamide, while adhering to regulatory standards and environmental considerations. Key factors driving this market include the demand for lightweight materials, cost-effectiveness, and sustainability in manufacturing processes across multiple industrial segments. The Azodicarbonamide market reflects the dynamic interplay between versatility, cost-efficiency, quality improvement, and environmental sustainability within various applications, influencing market growth and innovation.

Some of the benefits of designing a Azodicarbonamide Market include:

  • Adaptability Across Industries: Azodicarbonamide is a remarkably versatile chemical compound with applications spanning a diverse array of industries, including plastics, rubber, and food processing. Its adaptability and utility make it a valuable component for a wide spectrum of industrial needs, resulting in a broad market reach.
  • Facilitating Lightweight Solutions: As a blowing agent in plastics and rubber, Azodicarbonamide empowers the creation of lightweight foamed products that retain their structural integrity. In an era characterized by a growing demand for lightweight materials, Azodicarbonamide plays a pivotal role in enhancing material efficiency and achieving reductions in weight.
  • Enhanced Cost Efficiency: The incorporation of Azodicarbonamide into various processes enhances manufacturing efficiency, leading to notable reductions in energy consumption and material costs. This intrinsic cost-effectiveness is particularly appealing to industries looking to optimize their financial performance.
  • Elevated Product Quality: In the domain of foamed products, Azodicarbonamide is instrumental in establishing a uniform cell structure and favorable physical attributes. This quality augmentation proves instrumental for manufacturers aspiring to meet and exceed rigorous industry standards and consumer expectations.
  • Promotion of Environmental Friendliness: In sectors like food processing, Azodicarbonamide serves as a flour bleaching agent and dough conditioner, diminishing the reliance on chemical bleaching agents. By doing so, it aligns seamlessly with sustainability objectives, encouraging the adoption of eco-conscious and efficient manufacturing practices.
  • Enhancing Energy Efficiency: Within the construction and automotive industries, Azodicarbonamide's application in insulation materials actively bolsters energy efficiency by optimizing thermal insulation. This contribution is pivotal in curbing energy consumption and minimizing the ecological footprint.

COVID -19 Impact

The COVID-19 pandemic had a multifaceted impact on the Azodicarbonamide market. Disruptions in global supply chains, brought about by lockdowns and factory closures, resulted in supply shortages and delayed deliveries. The market experienced fluctuations in demand as certain sectors, like food processing, saw increased utilization due to a rise in packaged foods, while others, such as automotive manufacturing, witnessed decreased demand during lockdowns. Operational challenges emerged as safety measures were implemented in manufacturing plants to protect employees, leading to reduced workforce and operational inefficiencies. Economic uncertainties prompted cost-cutting measures in many industries, impacting the consumption of Azodicarbonamide and other chemical additives. Regulatory changes in response to the pandemic, including safety protocols and restrictions on certain chemical uses, altered compliance requirements and usage patterns. The heightened focus on hygiene and food safety during the pandemic led industries to reevaluate their ingredient choices, which could have affected the formulation of products containing Azodicarbonamide.

The impact of COVID-19 on the Azodicarbonamide market varied across regions, depending on the severity of the outbreak and the measures taken. Some regions experienced more significant disruptions than others, leading to inconsistencies in market performance. However, the market also demonstrated resilience and adaptability, with some manufacturers shifting their strategies to focus on products in higher demand during the crisis, such as additives for packaged and processed foods. As the pandemic continues to evolve, the Azodicarbonamide market remains subject to ongoing shifts in supply chain resilience and industry demand patterns.

Factors Driving the Market

Drivers

Growing use of Azodicarbonamide in plastic industry

The growing utilization of Azodicarbonamide in the plastic industry serves as a powerful catalyst for the expansion of the Azodicarbonamide market. This surge is driven by the compound's exceptional ability to act as a blowing agent, enabling the production of lightweight foamed plastics while maintaining structural integrity. In an era that prioritizes material efficiency and lightweighting, Azodicarbonamide plays a pivotal role in reducing material consumption and enhancing the efficiency of plastic products. Moreover, foamed plastics produced with Azodicarbonamide offer superior insulation properties, addressing the increasing demand for energy-efficient materials, particularly in the construction and automotive sectors.

The versatility of Azodicarbonamide is also a driving force behind its growing use in plastics, as it finds application in a wide range of plastic products, including pipes, sheets, packaging materials, and insulation materials. This adaptability makes it indispensable for manufacturers aiming to meet the diverse requirements of their customers. Furthermore, Azodicarbonamide contributes to quality improvement by ensuring a consistent cell structure and desirable physical properties in foamed plastics, aligning with the high industry standards and consumer expectations. As environmental considerations become increasingly critical, Azodicarbonamide's role in reducing material consumption aligns with sustainability goals, as manufacturers and consumers alike seek resource-efficient and environmentally friendly products. Lastly, Azodicarbonamide's compliance with regulatory standards is of paramount importance to manufacturers, ensuring the safety and quality of their plastic products. In this multifaceted manner, the growing utilization of Azodicarbonamide in the plastic industry not only meets industry demands for lightweight, energy-efficient, and environmentally friendly materials but also propels the Azodicarbonamide market's continued growth.

Challenges

Health risks associated with the consumption of azodicarbonamide

The health risks linked to the consumption of Azodicarbonamide can exert significant influence on the market growth. Negative perceptions among consumers stemming from health concerns can erode trust in products containing the compound, particularly in the food industry where it plays a vital role as a flour bleaching agent and dough conditioner. Regulatory bodies may respond by imposing stricter limits or bans, thereby limiting its applications and increasing compliance costs for manufacturers. The need for reformulation to eliminate or replace Azodicarbonamide in response to health worries can impose substantial research and development costs on food manufacturers, affecting both profitability and market positioning. Health-conscious consumers may seek Azodicarbonamide-free products, prompting manufacturers to adapt and potentially reshape the competitive landscape. Moreover, these health-related controversies can impact the reputation of industries using Azodicarbonamide and pose challenges in asserting the safety and quality of their products, potentially affecting market growth. This impact may also exhibit regional variability due to differing regulatory responses, leading to a fragmented market. To navigate these challenges, market players must emphasize product safety, explore alternative formulations, and invest in research and development to mitigate potential adverse effects on market dynamics.

Trends

Increasing demand for foamed plastic from industries like air filters

The growing demand for foamed plastics in industries like air filters is a pivotal driver of the foamed plastic market's expansion. This heightened demand stems from the numerous benefits that foamed plastics offer, making them an ideal choice for air filtration and related applications. One of the key advantages of foamed plastics in air filters is their lightweight nature. Air filters need to be efficient yet not impede the flow of air. The lightweight properties of foamed plastics reduce the energy required to move air through the filter, leading to enhanced energy efficiency in HVAC systems. This not only translates into cost savings but also aligns with the increasing focus on sustainability and reduced energy consumption in various industries.

Furthermore, foamed plastics are prized for their exceptional filtration performance. The porous structure of foamed plastics allows for the effective trapping of particles, contaminants, and pollutants present in the air. As air quality and filtration efficiency are critical concerns, especially in applications like industrial air filtration and HVAC systems, the superior filtration capabilities of foamed plastics make them an invaluable choice. Cost-effectiveness is another compelling factor. Air filters employing foamed plastics are cost-effective to produce due to the efficient use of materials and manufacturing processes. This cost-efficiency is an attractive proposition for industries seeking high-quality air filtration while managing production costs.

Moreover, foamed plastics are renowned for their durability and longevity. They can withstand harsh environmental conditions, including exposure to moisture and chemicals, ensuring a longer lifespan for air filters. Reduced replacement and maintenance costs are a significant advantage, particularly in industries where air filters are deployed in critical applications. In addition to their filtration and lightweight properties, foamed plastics can also contribute to noise reduction in air filtration systems. Air filters incorporating foamed plastics can dampen sound in HVAC systems, enhancing indoor acoustic comfort. Environmental sustainability is another crucial factor. Foamed plastics can be recyclable and may have a reduced environmental impact when used in air filters, aligning with the sustainability goals of many industries. This aligns with the global shift towards eco-friendly and sustainable practices, fostering the adoption of foamed plastics in air filtration applications. The versatility of foamed plastics further supports their adoption. They offer flexibility in design and customization, enabling manufacturers to tailor air filters to specific applications. This adaptability makes foamed plastics an attractive choice for diverse air filtration needs, from residential HVAC systems to industrial air purification.

Market Segmentation

By Grade

  • The Industrial Grade dominated the Azodicarbonamide Market in
  • Industrial Grade is the fastest growing segment, growing at a CAGR of 9.2% during the forecast period.

By Grade, the global Azodicarbonamide Market is divided into Industrial Grade and Food Grade.
Industrial grade Azodicarbonamide holds a dual distinction as both the leading and fastest-growing segment in the Azodicarbonamide market. Its leadership is grounded in its extensive and well-established applications across industries such as plastics, rubber, chemicals, and textiles. Renowned for its versatility and cost-effectiveness, industrial grade Azodicarbonamide has become a staple choice for manufacturers seeking to enhance product characteristics while optimizing production costs. Simultaneously, its remarkable growth is propelled by the discovery of new applications beyond its traditional use. Emerging sectors, including construction materials, are recognizing the manifold advantages of Azodicarbonamide, thereby expanding its demand and market presence. The global economic development in regions like Asia, the Middle East, and Africa contributes to the increasing industrial activities and the consequential need for Azodicarbonamide in various manufacturing processes. Furthermore, the constant pursuit of innovation and product development is uncovering fresh avenues for industrial grade Azodicarbonamide utilization. Stringent regulatory requirements for safety and quality further bolster its fast-paced growth, making it the preferred choice for industries that prioritize compliance and performance. As such, industrial grade Azodicarbonamide continues to maintain its leading status while surging ahead as the fastest-growing segment in the dynamic Azodicarbonamide market.

By End-user Industries

  • The Plastic and Rubber Industry segment dominated the Azodicarbonamide Market in 2022.
  • Food and Beverage Industry is the fastest growing segment, growing at a CAGR of 7.6% during the forecast period.

By End-Use Industries the Azodicarbonamide Market is divided by Plastic and Rubber Industry, Food and Beverage Industry, Leather and Textile Industry, and Other End-user Industries.

The plastic and rubber industry currently takes the lead in the Azodicarbonamide market, primarily due to the compound's remarkable versatility and efficiency. Azodicarbonamide serves as a vital blowing agent, offering lightweight and insulating properties to various plastic and rubber products. Its ability to enhance product quality, maintain structural integrity, and improve processing efficiency has solidified its position in these industries. Notably, Azodicarbonamide is in high demand for lightweighting, a crucial requirement in sectors like automotive and construction.

Conversely, the food processing industry is experiencing the most rapid growth in Azodicarbonamide utilization. This surge is attributed to shifting consumer preferences towards healthier, lighter food products, where Azodicarbonamide plays a pivotal role as a flour bleaching agent and dough conditioner, improving the texture and appearance of baked goods. The increased demand for convenient, processed foods, especially in urban areas, further fuels this growth. Moreover, the expansion of the middle-class population in emerging markets, globalization of food supply chains, and favorable regulatory approvals have collectively contributed to Azodicarbonamide's significant presence in the food processing sector, making it the fastest-growing end-use industry in the Azodicarbonamide market.

By Region

  • The North America region dominated the Azodicarbonamide Market in 2022.
  • The APAC region is the fastest growing segment, growing at a CAGR of 6.2% during the forecast period.

By region, the global Azodicarbonamide Market is divided into North America, Europe, APAC and Others. Others is further divided into Middle East, Africa and South America.
North America currently leads the Azodicarbonamide market due to its well-established industries, stringent regulatory environment, and technological advancements. The region's mature plastics and food industries, which have long utilized Azodicarbonamide, contribute to a stable and dominant market position. Stringent regulations, particularly in the food industry, drive the need for high-quality, compliant Azodicarbonamide, meeting consumer demands for safe and reliable products. Moreover, the region's continuous technological innovations lead to the development of improved Azodicarbonamide products that cater to the specific requirements of various industries.

Conversely, the Asia-Pacific (APAC) region is experiencing the most rapid growth in the Azodicarbonamide market. This surge can be attributed to APAC's rapid industrialization, which spurs the demand for chemicals in various applications. The increasing demand for processed and convenience foods, driven by economic growth, significantly contributes to the region's Azodicarbonamide market growth. Furthermore, ongoing urbanization, coupled with lower labor costs, makes APAC an attractive manufacturing hub for industries that rely on Azodicarbonamide. The burgeoning consumer market in the region fuels demand for a wide range of products, fostering the increased usage of Azodicarbonamide in various applications. This dynamic environment positions the Asia-Pacific region as the fastest-growing segment in the global Azodicarbonamide market.

Competitive Landscape

The global Azodicarbonamide Market is consolidated with the presence of few major players contributing to the market revenue. This dominance of these major players is driven by their technological expertise, extensive resources, and established brand recognition. These companies typically offered comprehensive and diversified solutions to end use industries.

  • Abtonsmart Chemicals (Group) Co. Ltd

Abtonsmart Chemicals (Group) Co., Ltd. is a chemical supplier situated in Shanghai, China. It commenced its journey in 2001 and has since evolved into one of China's foremost chemical suppliers. Abtonsmart Chemicals boasts a diverse product range encompassing basic chemicals, specialty chemicals, and petrochemicals. These products cater to a wide array of industries, spanning pharmaceuticals, food and beverage, electronics, and textiles. Distinguished by its unwavering commitment to excellence, Abtonsmart Chemicals prides itself on delivering top-tier products and services. The company has assembled a dedicated and knowledgeable team of professionals, equipped to tailor solutions to meet the unique requirements of its clientele. Moreover, Abtonsmart Chemicals places a paramount emphasis on safety and environmental stewardship. A comprehensive suite of safety measures is in place to ensure the well-being of its employees and the preservation of the environment.

  • Ajanta Group, Haihang Industry Co. Ltd

Ajanta Group and Haihang Industry Co., Ltd. stand as prominent chemical industry leaders in their respective nations, India and China. Ajanta Group specializes in the production of Chlorinated Paraffins, Azodicarbonamide (Blowing Agent), and Hydrochloric Acid, while Haihang Industry is recognized for its expertise in fine chemicals and cosmetic materials. Both companies share a strong reputation for delivering top-tier products and services, underpinned by a firm commitment to safety and environmental conservation. Established in 1993, Ajanta Group is headquartered in New Delhi, India, with manufacturing facilities strategically located across the country. The company boasts a global footprint, exporting its products to more than 25 countries. Within the Indian rubber industry, Ajanta Group holds a distinguished position as a premier supplier of Chlorinated Paraffins, while its Azodicarbonamide products find versatile applications across various sectors, including PVC, rubber, and foam manufacturing.

  • Jiangsu SOPO (Group) Co. Ltd

Jiangsu SOPO (Group) Co., Ltd. stands at the forefront of China's chemical industry. Established in 1958, the company's headquarters are situated in Zhenjiang, Jiangsu Province. Jiangsu SOPO has established three comprehensive industrial chains encompassing coal chemical, fine chemical, and basic chemical sectors. Its diverse product portfolio features notable offerings such as methanol, acetic acid, ethyl acetate, sulfuric acid, and ADC foaming agent.

Renowned as a national high-tech enterprise, Jiangsu SOPO has been publicly traded on the Shanghai Stock Exchange since 1996. The company places a strong emphasis on innovation, consistently developing new products and pioneering advanced technologies. Furthermore, Jiangsu SOPO is dedicated to fostering safety and environmental preservation. The company has implemented a range of measures to safeguard the well-being of its employees and to ensure environmental protection.

  • Jiangxi Selon Industrial Co. Ltd
  • JingJiang Hangsun Plastic Additives Co. Ltd
  • Khadgawats Group
  • Kum Yang Co. Ltd
  • LANXESS
  • Nikunj Chemical Limited
  • Otsuka Chemical Co. Ltd
  • SPL Group
  • Sri Dwarikadheesh Polymers Pvt. Ltd
  • Sundow Polymers Co. Ltd
  • Weifang Yaxing Chemical Co., Ltd
  • Kum Yang Co., Ltd.
  • Otsuka Chemical
  • Honeywell International
  • BASF SE
  • Arkema Group

Recent Developments

  • In 2020, Lanxess AG announced its acquisition of INTACE SAS, a French biocide company, as a strategic move to fortify its foothold in the European market and expand its portfolio in the biocides industry.
  • Kum Yang Co., Ltd. disclosed in 2020 that it had entered into a licensing agreement with BASF SE for their azodicarbonamide manufacturing technology, aimed at broadening Kum Yang's international product range and establishing a stronger presence in the Asian market.
  • In 2020, Arkema Group unveiled its acquisition of ArrMaz Custom Chemicals, Inc., an American enterprise. This acquisition was a deliberate step to enhance Arkema's position in the North American market and to augment its offerings in the specialty chemicals sector.

Global Azodicarbonamide Market Scope

Report Components Details
Forecast Period

2023 – 2030

Quantitative Units

Revenue in US $ 

Drivers
  • Growing need for Lightweight Materials in automotive industry
  • Expansion of construction industry
  • Growing use of Azodicarbonamide in plastic industry
Challenges
  • Stringent Regulations in EU and Australia 
  • Negative Impact of the COVID-19 Pandemic 
  • Health risks associated with the consumption of azodicarbonamide
Trends
  • Increase in popularity of packaged food items
  • Increasing demand for foamed plastic from industries like air filters 
  • Increasing use of Azodicarbonamide in packaging
Segments Covered

Grade (Industrial Grade and Food Grade), End-user Industry (Plastic and Rubber Industry, Food and Beverage Industry, Leather and Textile Industry, and Other End-user Industries)

Countries Covered

U.S. and Canada in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the APAC, Others include Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA), Brazil, Argentina, Mexico, and Rest of South America as part of South America

Market Players Covered

Abtonsmart Chemicals (Group) Co. Ltd, Ajanta Group, Haihang Industry Co. Ltd, Jiangsu SOPO (Group) Co. Ltd, Jiangxi Selon Industrial Co. Ltd, JingJiang Hangsun Plastic Additives Co. Ltd, Khadgawats Group, Kum Yang Co. Ltd,  LANXESS, Nikunj Chemical Limited, Otsuka Chemical Co. Ltd, SPL Group, Sri Dwarikadheesh Polymers Pvt. Ltd,  Sundow Polymers Co. Ltd, Weifang Yaxing Chemical Co., Ltd, Kum Yang Co., Ltd., Otsuka Chemical, Honeywell International, BASF SE, Arkema Group 

Table of Contents

1 INTRODUCTION OF GLOBAL AZODICARBONAMIDE MARKET

1.1 Overview of the Market

1.2 Scope of Report

1.3 Assumptions

 

2 EXECUTIVE SUMMARY

 

3 RESEARCH METHODOLOGY 

3.1 Data Mining

3.2 Validation

3.3 Primary Interviews

3.4 List of Data Sources

 

4 GLOBAL AZODICARBONAMIDE MARKET OUTLOOK

4.1 Overview

4.2 Market Dynamics

4.2.1 Drivers

4.2.2 Restraints

4.2.3 Opportunities

4.3 Porters Five Force Model

4.3.1. Bargaining Power of Suppliers

4.3.2. Threat of New Entrants

4.3.3. Threat of Substitutes

4.3.4. Competitive Rivalry

4.3.5. Bargaining Power among Buyers

4.4 Value Chain Analysis

 

5 GLOBAL AZODICARBONAMIDE MARKET, BY GRADE

5.1 Overview

5.2 Industrial Grade

5.3 Food Grade

6 GLOBAL AZODICARBONAMIDE MARKET, BY END-USER INDUSTRY

6.1 Overview

6.2 Plastic and Rubber Industry

6.3 Food and Beverage Industry 

6.4 Leather and Textile Industry

6.5 Other End-user Industries 

7 GLOBAL AZODICARBONAMIDE MARKET, By REGION

7.1 North America

7.1.1 U.S.

7.1.2 Canada

7.2 Europe

7.2.1 Germany

7.2.3 U.K.

7.2.4 France

7.2.5 Rest of Europe

7.3 Asia Pacific

7.3.1 China

7.3.2 Japan

7.3.3 India

7.3.4 South Korea

7.3.5 Singapore

7.3.6 Malaysia

7.3.7 Australia

7.3.8 Thailand

7.3.9 Indonesia

7.3.10 Philippines

7.3.11 Rest of Asia Pacific

7.4 Others

7.4.1 Saudi Arabia

7.4.2 U.A.E.

7.4.3 South Africa

7.4.4 Egypt

7.4.5 Israel

7.4.6 Rest of Middle East and Africa (MEA)

7.4.7 Brazil

7.4.8 Argentina

7.4.9 Mexico

7.4.10 Rest of South America

8 COMPANY PROFILES

8.1 Sundow Polymers Co. Ltd

8.1.1. Company Overview

8.1.2. Key Executives

8.1.3. Operating Business Segments

8.1.4. Product Portfolio

8.1.5. Financial Performance (As per availability)

8.1.6 Key News

 

8.2 Sri Dwarikadheesh Polymers Pvt. Ltd

8.2.1. Company Overview

8.2.2. Key Executives

8.2.3. Operating Business Segments

8.2.4. Product Portfolio

8.2.5. Financial Performance (As per availability)

8.2.6. Key News

 

8.3 SPL Group

8.3.1. Company Overview

8.3.2. Key Executives

8.3.3. Operating Business Segments

8.3.4. Product Portfolio

8.3.5. Financial Performance (As per availability)

8.3.6. Key News

 

8.4  Otsuka Chemical Co. Ltd

8.4.1. Company Overview

8.4.2. Key Executives

8.4.3. Operating Business Segments

8.4.4. Product Portfolio

8.4.5. Financial Performance (As per availability)

8.4.6. Key News

 

8.5 Nikunj Chemical Limited

8.5.1. Company Overview

8.5.2. Key Executives

8.5.3. Operating Business Segments

8.5.4. Product Portfolio

8.5.5. Financial Performance (As per availability)

8.5.6. Key News

 

8.6 LANXESS

8.6.1. Company Overview

8.6.2. Key Executives

8.6.3. Operating Business Segments

8.6.4. Product Portfolio

8.6.5. Financial Performance (As per availability)

8.6.6. Key News

 

8.7 Kum Yang Co. Ltd

8.7.1. Company Overview

8.7.2. Key Executives

8.7.3. Operating Business Segments

8.7.4. Product Portfolio

8.7.5. Financial Performance (As per availability)

8.7.6. Key News

 

8.8 Khadgawats Group

8.8.1. Company Overview

8.8.2. Key Executives

8.8.3. Operating Business Segments

8.8.4. Product Portfolio

8.8.5. Financial Performance (As per availability)

8.8.6. Key News

 

8.9 JingJiang Hangsun Plastic Additives Co. Ltd

8.9.1. Company Overview

8.9.2. Key Executives

8.9.3. Operating Business Segments

8.9.4. Product Portfolio

8.9.5. Financial Performance (As per availability)

8.9.6. Key News

 

8.10 Jiangxi Selon Industrial Co. Ltd

8.10.1. Company Overview

8.10.2. Key Executives

8.10.3. Operating Business Segments

8.10.4. Product Portfolio

8.10.5. Financial Performance (As per availability)

8.10.6. Key News

 

8.11 Jiangsu SOPO (Group) Co. Ltd

8.11.1. Company Overview

8.11.2. Key Executives

8.11.3. Operating Business Segments

8.11.4. Product Portfolio

8.11.5. Financial Performance (As per availability)

8.11.6. Key News

 

8.12 Haihang Industry Co. Ltd

8.12.1. Company Overview

8.12.2. Key Executives

8.12.3. Operating Business Segments

8.12.4. Product Portfolio

8.12.5. Financial Performance (As per availability)

8.12.6. Key News

 

8.13 Ajanta Group

8.13.1. Company Overview

8.13.2. Key Executives

8.13.3. Operating Business Segments

8.13.4. Product Portfolio

8.13.5. Financial Performance (As per availability)

8.13.6. Key News

 

8.14  Abtonsmart Chemicals (Group) Co. Ltd

8.14.1. Company Overview

8.14.2. Key Executives

8.14.3. Operating Business Segments

8.14.4. Product Portfolio

8.14.5. Financial Performance (As per availability)

8.14.6. Key News

 

8.15 Weifang Yaxing Chemical Co., Ltd

8.15.1. Company Overview

8.15.2. Key Executives

8.15.3. Operating Business Segments

8.15.4. Product Portfolio

8.15.5. Financial Performance (As per availability)

8.15.6. Key News

 

8.16 Kum Yang Co., Ltd.

8.16.1. Company Overview

8.16.2. Key Executives

8.16.3. Operating Business Segments

8.16.4. Product Portfolio

8.16.5. Financial Performance (As per availability)

8.16.6. Key News

 

8.17 Otsuka Chemical

8.17.1. Company Overview

8.17.2. Key Executives

8.17.3. Operating Business Segments

8.17.4. Product Portfolio

8.17.5. Financial Performance (As per availability)

8.17.6. Key News

 

8.18 Honeywell International

8.18.1. Company Overview

8.18.2. Key Executives

8.18.3. Operating Business Segments

8.18.4. Product Portfolio

8.18.5. Financial Performance (As per availability)

8.18.6. Key News

 

8.19 BASF SE

8.19.1. Company Overview

8.19.2. Key Executives

8.19.3. Operating Business Segments

8.19.4. Product Portfolio

8.19.5. Financial Performance (As per availability)

8.19.6. Key News

 

8.20 Arkema Group

8.20.1. Company Overview

8.20.2. Key Executives

8.20.3. Operating Business Segments

8.20.4. Product Portfolio

8.20.5. Financial Performance (As per availability)

 

8.20.6. Key News

Global Azodicarbonamide Market Segmentation

Azodicarbonamide by Type: Market Size & Forecast 2023-2030

  • Industrial Grade
  • Food Grade

Azodicarbonamide by End use industry: Market Size & Forecast 2023-2030

  • Plastic and Rubber Industry
  • Food and Beverage Industry
  • Leather and Textile Industry
  • Other End-user Industries

Azodicarbonamide by Geography: Market Size & Forecast 2023-2030

  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

MAJOR PLAYERS:

  • Abtonsmart Chemicals (Group) Co. Ltd 
  • Ajanta Group, Haihang Industry Co. Ltd
  • Jiangsu SOPO (Group) Co. Ltd
  • Jiangxi Selon Industrial Co. Ltd
  • JingJiang Hangsun Plastic Additives Co. Ltd
  • Khadgawats Group
  • Kum Yang Co. Ltd
  • LANXESS
  • Nikunj Chemical Limited
  • Otsuka Chemical Co. Ltd
  • SPL Group
  • Sri Dwarikadheesh Polymers Pvt. Ltd
  • Sundow Polymers Co. Ltd
  • Weifang Yaxing Chemical Co., Ltd
  • Kum Yang Co., Ltd.
  • Otsuka Chemical
  • Honeywell International
  • BASF SE
  • Arkema Group

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