トリアジン市場規模、セグメント分析、2030年までの世界予測

Triazine Market - Global Forecast To 2030

トリアジン市場 - タイプ(水溶性、油溶性、ガス相)、製品(MEAトリアジンおよびMMAトリアジン)、最終用途産業(原油、天然ガス、地熱エネルギー、産業プロセス)、および地域別 - 2030年までの世界予測
Triazine Market by Type (Water Soluble, Oil Soluble, and Gas Phase), Product (MEA Triazine and MMA Triazine), End-use Industry (Crude Oil, Natural Gas, Geothermal Energy, and Industrial Processes), and Region – Global Forecast to 2030

商品番号 : SMB-87111

出版社MarketsandMarkets
出版年月2025年9月
ページ数243
図表数302
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

本調査レポートは、トリアジン市場をタイプ(水溶性、油溶性、ガス相)、製品(MEAトリアジン、MMAトリアジン、その他製品)、最終用途産業(原油、天然ガス、地熱エネルギー、工業プロセス、その他最終用途産業)、地域(アジア太平洋、北米、欧州、南米、中東・アフリカ)に基づいて分類しています。レポートは、トリアジン市場の成長に影響を与える推進要因、制約要因、課題、機会に関する詳細な情報を網羅しています。主要業界プレーヤーの詳細な分析により、トリアジン市場に関連する事業概要、提供製品、そして提携、コラボレーション、合併、買収、事業拡大といった主要戦略に関する洞察を提供しています。本レポートは、トリアジン市場エコシステムにおける新興企業の競争力分析も網羅しています。

本レポートは、市場リーダーおよび新規参入企業に対し、トリアジン市場全体および各サブセグメントの収益数値に関する近似値を提供します。本レポートは、ステークホルダーが競争環境を理解し、事業のポジショニングを改善するための洞察を深め、適切な市場開拓戦略を策定するのに役立ちます。また、ステークホルダーが市場の動向を把握し、主要な市場牽引要因、制約要因、課題、そして機会に関する情報を提供するのに役立ちます。

トリアジン市場は、予測期間中に3.6%のCAGRで成長し、2025年の3億1,990万米ドルから2030年には3億8,140万米ドルに達すると予想されています。

複数の産業が効率性、信頼性、汎用性に優れたH₂S除去剤への依存度を高めているため、トリアジンの需要は着実に増加すると予想されています。石油・ガス、地熱エネルギー、廃水処理、化学、農業用途において、トリアジン化合物は厳格な安全性、環境、運用基準を満たしながら、高い性能を発揮します。米国環境保護庁(EPA)、欧州化学物質庁(ECHA)、地域の環境当局などの規制機関は、化学物質管理、排出、生態系への影響について、より厳格な規制を導入しています。メーカーは、持続可能で安全な産業活動を促進する、高純度で生態系に適合した特殊グレードのトリアジン製品を提供しています。トリアジン分野における近年の発展により、より高度な処方、改良された投与方法、そしてプロセスシミュレーションツールへのアクセスが向上しました。これらの革新により、硫化水素(H₂S)除去の効率が向上し、必要な化学物質の量と環境への影響の両方が削減されます。リアルタイムのベントガスモニタリングなどの技術とVisual Basicベースのシミュレーションツールを活用することで、オペレーターはベント内のH₂S濃度を測定し、トリアジン除去剤の作用を予測することができます。これにより、効果的な除去が確保され、環境リスクが最小限に抑えられます。さらに、自動注入システムと予測分析を組み合わせることで、運用基準の遵守を確保しながら、効率をさらに向上させることができます。

The triazine market is expected to reach USD 381.4 million by 2030 from USD 319.9 million in 2025, at a CAGR of 3.6% during the forecast period.

The demand for triazine is expected to grow steadily as multiple industries increasingly rely on efficient, reliable, and versatile H₂S scavengers. In oil & gas, geothermal energy, wastewater treatment, chemical, and agricultural applications, triazine compounds meet strict safety, environmental, and operational standards while delivering high performance. Regulatory bodies, such as the US Environmental Protection Agency (EPA), European Chemicals Agency (ECHA), and regional environmental authorities, are implementing more stringent regulations for chemical management, emissions, and ecological consequences. Manufacturers are providing high-purity, ecologically compatible, and specialty-grade triazine products that promote sustainable and safe industrial operations. Recent developments in the triazine sector have led to more advanced formulations, improved dosing methods, and enhanced access to process simulation tools. These innovations enable greater efficiency in hydrogen sulfide (H₂S) scavenging, which reduces both the amount of chemicals needed and the environmental impact. Technologies such as real-time vent gas monitoring, along with simulation tools based on Visual Basic, allow operators to measure H₂S levels in the vent and predict how triazine scavengers will perform in the process. This helps ensure effective scavenging and minimizes environmental risks. Additionally, the use of automated injection systems combined with predictive analyses further improves efficiency while ensuring compliance with operational standards.

トリアジン市場規模、セグメント分析、2030年までの世界予測
Triazine Market – Global Forecast To 2030

“MEA triazine accounted for the largest share in the triazine market in 2024.”

MEA triazine became the predominant segment in the worldwide triazine market in 2024, due to its extensive use as a hydrogen sulfide (H₂S) scavenger in the oil & gas sector. This dominance is supported by MEA triazine’s cost-efficiency, efficacy in eliminating sulfur compounds, and adaptability across diverse industrial applications. The compound’s function in improving safety and inhibiting corrosion in hydrocarbon streams has established it as a suitable option in energy production. Moreover, the rising use of MEA triazine in water treatment, pharmaceuticals, and personal care industries has significantly enhanced its market share. The compound’s compliance with rigorous environmental requirements and its increasing demand in emerging economies have bolstered its strong market performance. As industries increasingly emphasize safety, environmental compliance, and cost efficiency, MEA triazine is positioned to sustain its dominance in the triazine market in the coming years.

“Crude oil segment accounted for the largest share of the triazine market in 2024.”

In 2024, the crude oil industry captured the largest share of the triazine market. This is primarily due to the broad applications of triazine H₂S scavengers in ensuring safety, protecting equipment, and complying with stringent environmental regulations in the oil and gas industry’s upstream and midstream processes. Triazine chemicals are highly effective in removing hydrogen sulfide from refinery streams, as well as from crude oil and natural gas, which helps prevent corrosion and the dangers associated with toxic gases. Key oil-producing nations in the Middle East & Africa, such as Saudi Arabia, the UAE, and Qatar, have significantly boosted demand through extensive upstream operations and refinery projects. In 2024, Saudi Arabia produced an average of 9.22 million barrels per day (bpd), reaching a peak of 9.47 million bpd. Meanwhile, the UAE and Qatar produced 2.93 million bpd and 1.746 million bpd, respectively (Source: US EIA). Regulatory agencies like Saudi Aramco and the UAE Ministry of Energy and Infrastructure actively support the efficient use of scavengers. The increase in crude oil production and processing worldwide continues to enhance the critical role of triazine in the petroleum industry.

“Middle East & Africa dominated the regional market for triazine in 2024.”

The Middle East and Africa (MEA) region led the triazine market in 2024 because of quick industrial growth and strong oil and gas operations, together with rising industrial needs from petroleum refining, natural gas processing, and wastewater management. Major hubs such as Saudi Arabia, together with the UAE and Qatar, and South Africa, gained advantages from abundant raw materials, along with cost-effective production and government support for industrial growth. The growth of upstream and downstream oil and gas operations, along with major infrastructure investments, required efficient gas treatment chemicals for operations. The implementation of environmental compliance and safety regulations in hydrocarbon processing operations has contributed to the more rapid development of high-performance triazine-based H₂S scavengers. Market expansion was further bolstered by investments from prominent chemical manufacturers, technological innovations in triazine synthesis and applications, and strategic partnerships aimed at improving efficiency and product performance. The region’s emphasis on energy-intensive sectors and resource-based chemical manufacturing solidified its supremacy in the global triazine market.

In the process of determining and verifying the market size for several segments and subsegments identified through secondary research, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees is as follows:

  • By Company Type: Tier 1: 25%, Tier 2: 42%, and Tier 3: 33%
  • By Designation: C-level Executives: 20%, Directors: 30%, and Other Designations: 50%
  • By Region: North America: 20%, Europe: 10%, Asia Pacific: 40%, South America: 10%, and the Middle East & Africa: 20%

Companies Covered: SLB (US), Dow (US), Baker Hughes Company (US), Halliburton (US), Clariant (Switzerland), Ecolab Inc. (US), Lubrizol (US), Dongying Dayong Petroleum Additive Co., Ltd. (China), Hexion Inc. (US), and Saudi Multichem Company (Saudi Arabia) are covered in the report.

The study includes an in-depth competitive analysis of these key players in the triazine market, with their company profiles, recent developments, and key market strategies.

Research Coverage

This research report categorizes the triazine market based on type (water soluble, oil soluble, and gas phase), product (MEA triazine, MMA triazine, and other products), end-use industry (crude oil, natural gas, geothermal energy, industrial processes, and other end-use industries), and Region (Asia Pacific, North America, Europe, South America, and the Middle East & Africa). The report’s scope covers detailed information regarding the drivers, restraints, challenges, and opportunities influencing the growth of the triazine market. A detailed analysis of the key industry players has been done to provide insights into their business overview, products offered, and key strategies, such as partnerships, collaborations, mergers, acquisitions, and expansions, associated with the triazine market. This report covers a competitive analysis of upcoming startups in the triazine market ecosystem.

Reasons to Buy the Report

The report will offer the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall triazine market and the subsegments. This report will help stakeholders understand the competitive landscape, gain more insights into positioning their businesses better, and plan suitable go-to-market strategies. The report will help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights into the following points:

  • Analysis of key drivers (rising crude oil production, rising demand for the natural gas industry, and stringent environmental regulations), restraints (overdosing concerns in triazine-based treatments and performance constraints in water-intensive oilfield), opportunities (rising oil & gas exploration activities, integration of smart monitoring and dosing technologies, and expanding role in biogas and wastewater treatment), and challenges (operational complexity in high-pressure and high-salinity conditions and rising competition from alternative H₂S scavengers).
  • Product Development/Innovation: Detailed insights into upcoming technologies, research & development activities, and product & service launches in the triazine market.
  • Market Development: Comprehensive information about profitable markets – the report analyzes the triazine market across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the triazine market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players such as SLB (US), Dow (US), Baker Hughes Company (US), Halliburton (US), Clariant (Switzerland), Ecolab Inc. (US), Lubrizol (US), Dongying Dayong Petroleum Additive Co., Ltd. (China), Hexion Inc. (US), and Saudi Multichem Company (Saudi Arabia).

Table of Contents

1               INTRODUCTION              23

1.1           STUDY OBJECTIVES       23

1.2           MARKET DEFINITION   23

1.3           STUDY SCOPE   24

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      24

1.3.2        INCLUSIONS AND EXCLUSIONS OF STUDY          25

1.3.3        YEARS CONSIDERED      25

1.3.4        CURRENCY CONSIDERED            26

1.3.5        UNITS CONSIDERED      26

1.4           LIMITATIONS    26

1.5           STAKEHOLDERS               26

2               RESEARCH METHODOLOGY       27

2.1           RESEARCH DATA              27

2.1.1        SECONDARY DATA          28

2.1.1.1    Key data from secondary sources       28

2.1.2        PRIMARY DATA 28

2.1.2.1    Key data from primary sources           29

2.1.2.2    Key industry insights           29

2.2           MARKET SIZE ESTIMATION         30

2.3           BASE NUMBER CALCULATION   32

2.3.1        DEMAND-SIDE APPROACH          32

2.3.2        SUPPLY-SIDE APPROACH             32

2.4           MARKET FORECAST APPROACH                32

2.4.1        SUPPLY SIDE     32

2.4.2        DEMAND SIDE  33

2.5           DATA TRIANGULATION                33

2.6           FACTOR ANALYSIS          34

2.7           RESEARCH ASSUMPTIONS           34

2.8           RESEARCH LIMITATIONS AND RISK ASSESSMENT                 35

3               EXECUTIVE SUMMARY  36

4               PREMIUM INSIGHTS       40

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN TRIAZINE MARKET          40

4.2           MIDDLE EAST & AFRICA: TRIAZINE MARKET, BY PRODUCT AND COUNTRY           41

4.3           TRIAZINE MARKET, BY TYPE      41

4.4           TRIAZINE MARKET, BY PRODUCT            42

4.5           TRIAZINE MARKET, BY END-USE INDUSTRY        42

4.6           TRIAZINE MARKET, BY COUNTRY             43

5               MARKET OVERVIEW       44

5.1           INTRODUCTION              44

5.2           MARKET DYNAMICS       44

5.2.1        DRIVERS               45

5.2.1.1    Rising crude oil production 45

5.2.1.2    Rising demand for natural gas            46

5.2.1.3    Stringent environmental regulations 47

5.2.2        RESTRAINTS      48

5.2.2.1    Overdosing concerns in triazine-based treatments         48

5.2.2.2    Performance constraints in water-intensive oilfields      48

5.2.3        OPPORTUNITIES              49

5.2.3.1    Rising oil & gas exploration activities                49

5.2.3.2    Integration of smart monitoring and dosing technologies                 50

5.2.3.3    Expanding role in biogas and wastewater treatment       50

5.2.4        CHALLENGES    51

5.2.4.1    Operational complexity in high-pressure and high-salinity conditions              51

5.2.4.2    Rising competition from alternative H₂S scavengers      52

6               INDUSTRY TRENDS         53

6.1           TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS            53

6.2           ECOSYSTEM ANALYSIS  54

6.3           VALUE CHAIN ANALYSIS               56

6.4           TARIFF AND REGULATORY LANDSCAPE               57

6.4.1        TARIFF ANALYSIS (HS CODE: 293369)      57

6.4.2        REGULATORY BODIES, GOVERNMENT AGENCIES, AND

OTHER ORGANIZATIONS             59

6.4.3        KEY REGULATIONS         63

6.4.3.1    Toxic Substances Control Act (TSCA)             63

6.4.3.2    REACH Regulation (EC 1907/2006)                 63

6.4.3.3    CLP Regulation (EC 1272/2008)      63

6.4.3.4    GSO ISO 11114-1:2012       63

6.4.3.5    China MEE Order No. 12   63

6.5           PRICING ANALYSIS          63

6.5.1.1    Average selling price of triazine, by product    64

6.5.1.2    Average selling price of triazine, by region       64

6.6           TRADE ANALYSIS             65

6.6.1        EXPORT SCENARIO (HS CODE 293369)    65

6.6.2        IMPORT SCENARIO (HS CODE 293369)    66

6.7           TECHNOLOGY ANALYSIS             68

6.7.1        KEY TECHNOLOGIES     68

6.7.1.1    Fourier transform infrared spectroscopy          68

6.7.1.2    Raman spectroscopy for MEA-triazine concentration analysis                 68

6.7.1.3    Visual basic-based simulation             69

6.7.1.4    Claus process        69

6.7.2        COMPLEMENTARY TECHNOLOGIES       69

6.7.2.1    Encapsulation and controlled release technologies         69

6.7.2.2    Green chemistry and bio-based alternatives in triazine production             70

6.7.3        ADJACENT TECHNOLOGIES       70

6.7.3.1    Real-time vent gas monitoring            70

6.8           PATENT ANALYSIS          71

6.8.1        INTRODUCTION              71

6.8.2        METHODOLOGY              71

6.8.3        PATENT ANALYSIS, 2015–2024     71

6.9           KEY CONFERENCES AND EVENTS             75

6.10         CASE STUDY ANALYSIS 75

6.10.1      USE OF COMPUTATIONAL TOXICOLOGY MODELS TO PREDICT TOXICOLOGICAL POINTS OF DEPARTURE FOR TRIAZINE HERBICIDES  75

6.10.2      NATURAL GAS PROCESSING PLANT – H₂S OPTIMIZATION PROGRAM          76

6.10.3      IMPROVING MEA-TRIAZINE SCAVENGER PERFORMANCE THROUGH ACCURATE TESTING              76

6.10.4      TRIAZINE HERBICIDES AND OVARIAN EPITHELIAL NEOPLASMS       77

6.11         INVESTMENT AND FUNDING SCENARIO               77

6.12         IMPACT OF GEN AI/AI ON TRIAZINE MARKET    78

6.13         PORTER’S FIVE FORCES ANALYSIS           80

6.13.1      THREAT OF NEW ENTRANTS      81

6.13.2      THREAT OF SUBSTITUTES          81

6.13.3      BARGAINING POWER OF SUPPLIERS       81

6.13.4      BARGAINING POWER OF BUYERS             82

6.13.5      INTENSITY OF COMPETITIVE RIVALRY 82

6.14         KEY STAKEHOLDERS AND BUYING CRITERIA     83

6.14.1      KEY STAKEHOLDERS IN BUYING PROCESS           83

6.14.2      BUYING CRITERIA           84

6.15         MACROECONOMIC ANALYSIS    84

6.15.1      INTRODUCTION              84

6.15.2      GDP TRENDS AND FORECASTS 85

6.16         IMPACT OF 2025 US TARIFF –TRIAZINE MARKET                 85

6.16.1      INTRODUCTION              85

6.16.2      KEY TARIFF RATES          85

6.16.3      PRICE IMPACT ANALYSIS             86

6.16.4      IMPACT ON COUNTRY/REGION                87

6.16.4.1  US           87

6.16.4.2  China      87

6.16.4.3  India       87

6.16.5      IMPACT ON END-USE INDUSTRIES          87

7               TRIAZINE MARKET, BY TYPE      88

7.1           INTRODUCTION              89

7.2           WATER SOLUBLE             90

7.2.1        INCREASING INDUSTRIAL AND OFFSHORE APPLICATIONS TO FUEL DEMAND          90

7.3           OIL SOLUBLE    90

7.3.1        RISING CRUDE OIL PRODUCTION AND GAS DEMAND TO FUEL MARKET            90

7.4           GAS PHASE         91

7.4.1        ENHANCED SAFETY AND INFRASTRUCTURE PROTECTION TO FUEL DEMAND             91

8               TRIAZINE MARKET, BY PRODUCT            92

8.1           INTRODUCTION              93

8.2           MEA TRIAZINE  94

8.2.1        REDUCTION IN OPERATIONAL COSTS TO DRIVE MARKET               94

8.3           MMA TRIAZINE 94

8.3.1        RAPID REACTIVITY AND BROAD INDUSTRIAL APPLICABILITY

TO PROPEL ADOPTION                94

8.4           OTHER PRODUCTS         95

9               TRIAZINE MARKET, BY END-USE INDUSTRY        96

9.1           INTRODUCTION              97

9.2           CRUDE OIL         98

9.2.1        GROWING CRUDE OIL OPERATIONS TO FUEL USAGE                 98

9.3           NATURAL GAS  98

9.3.1        INCREASING GLOBAL GAS SUPPLY TO DRIVE DEMAND                 98

9.4           GEOTHERMAL ENERGY 99

9.4.1        TECHNOLOGICAL ADVANCEMENTS TO SUPPORT ADOPTION         99

9.5           INDUSTRIAL PROCESSES              100

9.5.1        EXPANDING INDUSTRIAL APPLICATIONS TO DRIVE DEMAND             100

9.6           OTHER END-USE INDUSTRIES   100

10            TRIAZINE MARKET, BY REGION 101

10.1         INTRODUCTION              102

10.2         MIDDLE EAST & AFRICA                104

10.2.1      GCC COUNTRIES              108

10.2.1.1  Saudi Arabia          109

10.2.1.1.1                Hydrocarbon expansion to fuel market growth                 109

10.2.1.2  UAE        111

10.2.1.2.1                Upstream expansion and sour gas projects to drive demand  111

10.2.1.3  Qatar      113

10.2.1.3.1                LNG expansion projects to propel market        113

10.2.1.4  Rest of GCC Countries        114

10.2.2      SOUTH AFRICA 116

10.2.2.1  Exploration investments and gas field developments to propel market    116

10.2.3      REST OF MIDDLE EAST & AFRICA             117

10.3         NORTH AMERICA             119

10.3.1      US           122

10.3.1.1  High production activity and stringent regulations to drive demand  122

10.3.2      CANADA               124

10.3.2.1  Heavy crude exports to drive demand               124

10.3.3      MEXICO                125

10.3.3.1  Rising offshore crude oil production to drive market     125

10.4         EUROPE               127

10.4.1      GERMANY           130

10.4.1.1  Growing reliance on sour hydrocarbon imports to drive market                 130

10.4.2      UK          131

10.4.2.1  Offshore expansion and regulatory pressure to drive demand                 131

10.4.3      FRANCE                133

10.4.3.1  Stringent regulations and expanding energy infrastructure

to fuel demand      133

10.4.4      ITALY    135

10.4.4.1  Growing crude exports to drive demand           135

10.4.5      NETHERLANDS 136

10.4.5.1  Expanding refining activity to drive market     136

10.4.6      NORWAY              138

10.4.6.1  Rise in natural gas production to support market growth                 138

10.4.7      RUSSIA 140

10.4.7.1  Sustained hydrocarbon output and expanding exports

to fuel demand      140

10.4.8      REST OF EUROPE             142

10.5         ASIA PACIFIC     143

10.5.1      CHINA  146

10.5.1.1  Production expansion and regulatory push to propel demand                 146

10.5.2      INDIA    147

10.5.2.1  Expanding domestic exploration and offshore developments

to boost demand   147

10.5.3      KAZAKHSTAN    149

10.5.3.1  Expanding oil & gas production to drive demand            149

10.5.4      INDONESIA        150

10.5.4.1  Upstream investments, high-sulfur output, and regulatory standards to boost demand 150

10.5.5      MALAYSIA           152

10.5.5.1  Upstream expansion and offshore projects to propel demand                 152

10.5.6      REST OF ASIA PACIFIC   153

10.6         SOUTH AMERICA             155

10.6.1      BRAZIL 157

10.6.1.1  Offshore expansion and rising production to boost demand                 157

10.6.2      ARGENTINA       159

10.6.2.1  Surging production and exports to propel triazine adoption                 159

10.6.3      VENEZUELA       161

10.6.3.1  Reinvestments by market players in oil production to propel demand  161

10.6.4      REST OF SOUTH AMERICA           162

11            COMPETITIVE LANDSCAPE         164

11.1         OVERVIEW          164

11.2         KEY PLAYER STRATEGIES             164

11.3         MARKET SHARE ANALYSIS           166

11.4         REVENUE ANALYSIS       169

11.5         COMPANY VALUATION AND FINANCIAL METRICS                 169

11.6         PRODUCT/BRAND COMPARISON             171

11.7         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 172

11.7.1      STARS   172

11.7.2      EMERGING LEADERS     172

11.7.3      PERVASIVE PLAYERS      172

11.7.4      PARTICIPANTS 172

11.7.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         174

11.7.5.1  Company footprint               174

11.7.5.2  Regional footprint                 174

11.7.5.3  Type footprint       175

11.7.5.4  Product footprint  176

11.7.5.5  End-use industry footprint 176

11.8         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024        177

11.8.1      PROGRESSIVE COMPANIES         177

11.8.2      RESPONSIVE COMPANIES            177

11.8.3      DYNAMIC COMPANIES  177

11.8.4      STARTING BLOCKS         177

11.8.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024                 179

11.8.5.1  Detailed list of key startups/SMEs    179

11.8.5.2  Competitive benchmarking of key startups/SMEs          180

11.9         COMPETITIVE SCENARIO             181

11.9.1      DEALS  181

11.9.2      EXPANSIONS     182

12            COMPANY PROFILES      184

12.1         KEY PLAYERS     184

12.1.1      SLB         184

12.1.1.1  Business overview 184

12.1.1.2  Products offered   185

12.1.1.3  Recent developments           186

12.1.1.3.1                Deals      186

12.1.1.3.2                Expansions             186

12.1.1.4  MnM view              187

12.1.1.4.1                Key strengths        187

12.1.1.4.2                Strategic choices   187

12.1.1.4.3                Weaknesses & competitive threats     187

12.1.2      DOW     188

12.1.2.1  Business overview 188

12.1.2.2  Products offered   189

12.1.2.3  Recent developments           190

12.1.2.3.1                Deals      190

12.1.2.4  MnM view              190

12.1.2.4.1                Key strengths        190

12.1.2.4.2                Strategic choices   190

12.1.2.4.3                Weaknesses & competitive threats     191

12.1.3      BAKER HUGHES COMPANY         192

12.1.3.1  Business overview 192

12.1.3.2  Products offered   193

12.1.3.3  Recent developments           194

12.1.3.3.1                Deals      194

12.1.3.3.2                Expansions             195

12.1.3.4  MnM view              195

12.1.3.4.1                Key strengths        195

12.1.3.4.2                Strategic choices   196

12.1.3.4.3                Weaknesses & competitive threats     196

12.1.4      HALLIBURTON 197

12.1.4.1  Business overview 197

12.1.4.2  Products offered   198

12.1.4.3  Recent developments           199

12.1.4.3.1                Deals      199

12.1.4.3.2                Expansions             199

12.1.4.4  MnM view              200

12.1.4.4.1                Key strengths        200

12.1.4.4.2                Strategic choices   200

12.1.4.4.3                Weaknesses & competitive threats     200

12.1.5      CLARIANT           201

12.1.5.1  Business overview 201

12.1.5.2  Products offered   202

12.1.5.3  Recent developments           203

12.1.5.3.1                Deals      203

12.1.5.3.2                Expansions             203

12.1.5.4  MnM view              204

12.1.5.4.1                Key strengths        204

12.1.5.4.2                Strategic choices   204

12.1.5.4.3                Weaknesses & competitive threats     204

12.1.6      ECOLAB INC       205

12.1.6.1  Business overview 205

12.1.6.2  Products offered   206

12.1.6.3  MnM view              207

12.1.7      LUBRIZOL           208

12.1.7.1  Business overview 208

12.1.7.2  Products offered   208

12.1.7.3  Recent developments           209

12.1.7.3.1                Expansions             209

12.1.7.4  MnM view              209

12.1.8      DONGYING DAYONG PETROLEUM ADDITIVE CO., LTD.                 210

12.1.8.1  Business overview 210

12.1.8.2  Products offered   210

12.1.8.3  MnM view              211

12.1.9      HEXION INC.      212

12.1.9.1  Business overview 212

12.1.9.2  Products offered   212

12.1.9.3  Recent developments           213

12.1.9.3.1                Expansions             213

12.1.9.4  MnM view              213

12.1.10   SAUDI MULTICHEM COMPANY 214

12.1.10.1                 Business overview 214

12.1.10.2                 Products offered   214

12.1.10.3                 Recent developments           215

12.1.10.3.1             Expansions             215

12.1.10.4                 MnM view              215

12.2         OTHER PLAYERS              216

12.2.1      FOREMARK PERFORMANCE CHEMICALS               216

12.2.2      DUBICHEM         217

12.2.3      SINOTRUST CHEMICAL CO. LTD.              218

12.2.4      Q2TECHNOLOGIES         219

12.2.5      VENUS ETHOXYETHERS PVT. LTD.          220

12.2.6      VINK CHEMICALS GMBH & CO. KG           221

12.2.7      INTERNATIONAL CHEMICAL GROUP (ICG)         222

12.2.8      TASFYEH GROUP INC.   223

12.2.9      PURECHEM SERVICES    224

12.2.10   SINTEZ OKA GROUP OF COMPANIES      225

12.2.11   BERRYMAN CHEMICAL 226

12.2.12   NOVAMEN INC. 227

12.2.13   SUMMIT INTERNATIONAL           228

12.2.14   IMPERIAL OILFIELD CHEMICALS PVT. LTD.         229

12.2.15   MUBY CHEMICALS          230

13            ADJACENT & RELATED MARKET               231

13.1         INTRODUCTION              231

13.2         LIMITATIONS    231

13.2.1      HYDROGEN SULFIDE SCAVENGERS MARKET      231

13.2.1.1  Market definition 231

13.2.1.2  Hydrogen sulfide scavengers market, by type  231

13.2.1.3  Hydrogen sulfide scavengers market, by chemistry        232

13.2.1.4  Hydrogen sulfide scavengers market, by end use            233

13.2.1.5  Hydrogen sulfide scavengers market, by region               234

14            APPENDIX           236

14.1         DISCUSSION GUIDE        236

14.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                239

14.3         CUSTOMIZATION OPTIONS        241

14.4         RELATED REPORTS         241

14.5         AUTHOR DETAILS           242

LIST OF TABLES

TABLE 1                CRUDE OIL PRODUCTION, BY COUNTRY/REGION,

2020–2024 (THOUSAND BARRELS PER DAY)          46

TABLE 2                GLOBAL PROVEN CRUDE OIL RESERVES, BY COUNTRY/REGION,

2020–2024 (MILLION BARRELS)  49

TABLE 3                STATISTICS FOR NUMBER AND SUCCESS RATE OF EXPLORATION WELLS

DRILLED GLOBALLY IN 2023       50

TABLE 4                ROLE OF COMPANIES IN TRIAZINE ECOSYSTEM                 55

TABLE 5                TARIFF SCENARIO FOR HS CODE 293369-COMPLIANT PRODUCTS,

BY COUNTRY, 2024 (%)  58

TABLE 6                NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, INDUSTRY ASSOCIATIONS, AND OTHER ORGANIZATIONS  59

TABLE 7                EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, INDUSTRY ASSOCIATIONS, AND OTHER ORGANIZATIONS             60

TABLE 8                ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, INDUSTRY ASSOCIATIONS, AND OTHER ORGANIZATIONS             61

TABLE 9                MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT

AGENCIES, INDUSTRY ASSOCIATIONS, AND OTHER ORGANIZATIONS             62

TABLE 10              SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, INDUSTRY ASSOCIATIONS, AND OTHER ORGANIZATIONS  62

TABLE 11              AVERAGE SELLING PRICE OF TRIAZINE PRODUCTS, BY KEY PLAYER,

2024 (USD/KG)  64

TABLE 12              AVERAGE SELLING PRICE OF TRIAZINE, BY REGION, 2021–2024 (USD/KG)     65

TABLE 13              EXPORT DATA FOR HS CODE 293369-COMPLIANT PRODUCTS,

BY COUNTRY, 2020–2024 (USD MILLION)               66

TABLE 14              IMPORT DATA FOR HS CODE 293369-COMPLIANT PRODUCTS,

BY COUNTRY, 2020–2024 (USD MILLION)               67

TABLE 15              TRIAZINE MARKET: LIST OF KEY PATENTS, 2022–2024              73

TABLE 16              TRIAZINE MARKET: DETAILED LIST OF CONFERENCES AND EVENTS, 2025–2026                 75

TABLE 17              TRIAZINE MARKET: PORTER’S FIVE FORCES ANALYSIS            80

TABLE 18              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR KEY

END-USE INDUSTRIES   83

TABLE 19              KEY BUYING CRITERIA FOR KEY END-USE INDUSTRIES       84

TABLE 20              GLOBAL GDP GROWTH PROJECTION, BY REGION, 2021–2028 (USD TRILLION)        85

TABLE 21              TRIAZINE MARKET, BY TYPE, 2023–2030 (USD MILLION)            89

TABLE 22              TRIAZINE MARKET, BY TYPE, 2023–2030 (KILOTON)         90

TABLE 23              TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION) 93

TABLE 24              TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)         94

TABLE 25              TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)            97

TABLE 26              TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)     98

TABLE 27              TRIAZINE MARKET, BY REGION, 2023–2030 (USD MILLION)            104

TABLE 28              TRIAZINE MARKET, BY REGION, 2023–2030 (KILOTON)         104

TABLE 29              MIDDLE EAST & AFRICA: TRIAZINE MARKET, BY COUNTRY,

2023–2030 (USD MILLION)            105

TABLE 30              MIDDLE EAST & AFRICA: TRIAZINE MARKET, BY COUNTRY, 2023–2030 (KILOTON)              106

TABLE 31              MIDDLE EAST & AFRICA: TRIAZINE MARKET, BY PRODUCT,

2023–2030 (USD MILLION)            106

TABLE 32              MIDDLE EAST & AFRICA: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)              106

TABLE 33              MIDDLE EAST & AFRICA: TRIAZINE MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            107

TABLE 34              MIDDLE EAST & AFRICA: TRIAZINE MARKET, BY END-USE INDUSTRY,

2023–2030 (KILOTON)     107

TABLE 35              MIDDLE EAST & AFRICA: TRIAZINE MARKET, BY TYPE, 2023–2030 (USD MILLION)                107

TABLE 36              MIDDLE EAST & AFRICA: TRIAZINE MARKET, BY TYPE, 2023–2030 (KILOTON)        107

TABLE 37              GCC COUNTRIES: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION)     108

TABLE 38              GCC COUNTRIES: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)              108

TABLE 39              GCC COUNTRIES: TRIAZINE MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            109

TABLE 40              GCC COUNTRIES: TRIAZINE MARKET, BY END-USE INDUSTRY,

2023–2030 (KILOTON)     109

TABLE 41              SAUDI ARABIA: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION)     110

TABLE 42              SAUDI ARABIA: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)              110

TABLE 43              SAUDI ARABIA: TRIAZINE MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            110

TABLE 44              SAUDI ARABIA: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)             111

TABLE 45              UAE: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION)       112

TABLE 46              UAE: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)                112

TABLE 47              UAE: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)    112

TABLE 48              UAE: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)             112

TABLE 49              QATAR: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION)       113

TABLE 50              QATAR: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)                113

TABLE 51              QATAR: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)    114

TABLE 52              QATAR: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)             114

TABLE 53              REST OF GCC COUNTRIES: TRIAZINE MARKET, BY PRODUCT,

2023–2030 (USD MILLION)            115

TABLE 54              REST OF GCC COUNTRIES: TRIAZINE MARKET, BY PRODUCT,

2023–2030 (KILOTON)     115

TABLE 55              REST OF GCC COUNTRIES: TRIAZINE MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            115

TABLE 56              REST OF GCC COUNTRIES: TRIAZINE MARKET, BY END-USE INDUSTRY,

2023–2030 (KILOTON)     115

TABLE 57              SOUTH AFRICA: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION)     116

TABLE 58              SOUTH AFRICA: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)              116

TABLE 59              SOUTH AFRICA: TRIAZINE MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            117

TABLE 60              SOUTH AFRICA: TRIAZINE MARKET, BY END-USE INDUSTRY,

2023–2030 (KILOTON)     117

TABLE 61              REST OF MIDDLE EAST & AFRICA: TRIAZINE MARKET, BY PRODUCT,

2023–2030 (USD MILLION)            118

TABLE 62              REST OF MIDDLE EAST & AFRICA: TRIAZINE MARKET, BY PRODUCT,

2023–2030 (KILOTON)     118

TABLE 63              REST OF MIDDLE EAST & AFRICA: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)                 118

TABLE 64              REST OF MIDDLE EAST & AFRICA: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)                 119

TABLE 65              NORTH AMERICA: TRIAZINE MARKET, BY COUNTRY, 2023–2030 (USD MILLION)     120

TABLE 66              NORTH AMERICA: TRIAZINE MARKET, BY COUNTRY, 2023–2030 (KILOTON)              120

TABLE 67              NORTH AMERICA: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION)     121

TABLE 68              NORTH AMERICA: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)              121

TABLE 69              NORTH AMERICA: TRIAZINE MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            121

TABLE 70              NORTH AMERICA: TRIAZINE MARKET, BY END-USE INDUSTRY,

2023–2030 (KILOTON)     121

TABLE 71              NORTH AMERICA: TRIAZINE MARKET, BY TYPE, 2023–2030 (USD MILLION)            122

TABLE 72              NORTH AMERICA: TRIAZINE MARKET, BY TYPE, 2023–2030 (KILOTON)     122

TABLE 73              US: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION) 123

TABLE 74              US: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)         123

TABLE 75              US: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)            123

TABLE 76              US: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)     123

TABLE 77              CANADA: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION)            124

TABLE 78              CANADA: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)     124

TABLE 79              CANADA: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)    125

TABLE 80              CANADA: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)             125

TABLE 81              MEXICO: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION)            126

TABLE 82              MEXICO: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)     126

TABLE 83              MEXICO: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)    126

TABLE 84              MEXICO: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)             127

TABLE 85              EUROPE: TRIAZINE MARKET, BY COUNTRY, 2023–2030 (USD MILLION)            128

TABLE 86              EUROPE: TRIAZINE MARKET, BY COUNTRY, 2023–2030 (KILOTON)     128

TABLE 87              EUROPE: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION)            128

TABLE 88              EUROPE: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)     129

TABLE 89              EUROPE: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)    129

TABLE 90              EUROPE: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)             129

TABLE 91              EUROPE: TRIAZINE MARKET, BY TYPE, 2023–2030 (USD MILLION)       129

TABLE 92              EUROPE: TRIAZINE MARKET, BY TYPE, 2023–2030 (KILOTON)                130

TABLE 93              GERMANY: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION)            130

TABLE 94              GERMANY: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)     131

TABLE 95              GERMANY: TRIAZINE MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            131

TABLE 96              GERMANY: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)             131

TABLE 97              UK: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION) 132

TABLE 98              UK: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)         132

TABLE 99              UK: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)            133

TABLE 100            UK: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)     133

TABLE 101            FRANCE: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION)            134

TABLE 102            FRANCE: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)     134

TABLE 103            FRANCE: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)    134

TABLE 104            FRANCE: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)             135

TABLE 105            ITALY: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION)       135

TABLE 106            ITALY: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)                136

TABLE 107            ITALY: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)    136

TABLE 108            ITALY: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)             136

TABLE 109            NETHERLANDS: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION)     137

TABLE 110            NETHERLANDS: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)              137

TABLE 111            NETHERLANDS: TRIAZINE MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            138

TABLE 112            NETHERLANDS: TRIAZINE MARKET, BY END-USE INDUSTRY,

2023–2030 (KILOTON)     138

TABLE 113            NORWAY: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION)            139

TABLE 114            NORWAY: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)     139

TABLE 115            NORWAY: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)    139

TABLE 116            NORWAY: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)             140

TABLE 117            RUSSIA: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION)       141

TABLE 118            RUSSIA: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)                141

TABLE 119            RUSSIA: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)    141

TABLE 120            RUSSIA: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)             141

TABLE 121            REST OF EUROPE: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION)     142

TABLE 122            REST OF EUROPE: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)              142

TABLE 123            REST OF EUROPE: TRIAZINE MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            143

TABLE 124            REST OF EUROPE: TRIAZINE MARKET, BY END-USE INDUSTRY,

2023–2030 (KILOTON)     143

TABLE 125            ASIA PACIFIC: TRIAZINE MARKET, BY COUNTRY, 2023–2030 (USD MILLION)            144

TABLE 126            ASIA PACIFIC: TRIAZINE MARKET, BY COUNTRY, 2023–2030 (KILOTON)     144

TABLE 127          ASIA PACIFIC: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION)            144

TABLE 128          ASIA PACIFIC: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)     145

TABLE 129            ASIA PACIFIC: TRIAZINE MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            145

TABLE 130            ASIA PACIFIC: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)             145

TABLE 131            ASIA PACIFIC: TRIAZINE MARKET, BY TYPE, 2023–2030 (USD MILLION)            145

TABLE 132            ASIA PACIFIC: TRIAZINE MARKET, BY TYPE, 2023–2030 (KILOTON)     146

TABLE 133            CHINA: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION)       146

TABLE 134            CHINA: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)                147

TABLE 135            CHINA: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)    147

TABLE 136            CHINA: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)             147

TABLE 137            INDIA: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION)       148

TABLE 138            INDIA: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)                148

TABLE 139            INDIA: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)    148

TABLE 140            INDIA: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)             149

TABLE 141            KAZAKHSTAN: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION)     149

TABLE 142            KAZAKHSTAN: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)              150

TABLE 143            KAZAKHSTAN: TRIAZINE MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            150

TABLE 144            KAZAKHSTAN: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)             150

TABLE 145            INDONESIA: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION)            151

TABLE 146            INDONESIA: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)     151

TABLE 147            INDONESIA: TRIAZINE MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            151

TABLE 148            INDONESIA: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)             152

TABLE 149            MALAYSIA: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION)            152

TABLE 150            MALAYSIA: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)     153

TABLE 151            MALAYSIA: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)    153

TABLE 152            MALAYSIA: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)             153

TABLE 153            REST OF ASIA PACIFIC: TRIAZINE MARKET, BY PRODUCT,

2023–2030 (USD MILLION)            154

TABLE 154            REST OF ASIA PACIFIC: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)              154

TABLE 155            REST OF ASIA PACIFIC: TRIAZINE MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            154

TABLE 156            REST OF ASIA PACIFIC: TRIAZINE MARKET, BY END-USE INDUSTRY,

2023–2030 (KILOTON)     155

TABLE 157            SOUTH AMERICA: TRIAZINE MARKET, BY COUNTRY, 2023–2030 (USD MILLION)     155

TABLE 158            SOUTH AMERICA: TRIAZINE MARKET, BY COUNTRY, 2023–2030 (KILOTON)              156

TABLE 159            SOUTH AMERICA: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION)     156

TABLE 160            SOUTH AMERICA: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)              156

TABLE 161            SOUTH AMERICA: TRIAZINE MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            156

TABLE 162            SOUTH AMERICA: TRIAZINE MARKET, BY END-USE INDUSTRY,

2023–2030 (KILOTON)     157

TABLE 163            SOUTH AMERICA: TRIAZINE MARKET, BY TYPE, 2023–2030 (USD MILLION)            157

TABLE 164            SOUTH AMERICA: TRIAZINE MARKET, BY TYPE, 2023–2030 (KILOTON)     157

TABLE 165            BRAZIL: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION)       158

TABLE 166            BRAZIL: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)                158

TABLE 167            BRAZIL: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)    158

TABLE 168            BRAZIL: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)             159

TABLE 169            ARGENTINA: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION)            160

TABLE 170            ARGENTINA: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)     160

TABLE 171            ARGENTINA: TRIAZINE MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            160

TABLE 172            ARGENTINA: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)             160

TABLE 173            VENEZUELA: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (USD MILLION)            161

TABLE 174            VENEZUELA: TRIAZINE MARKET, BY PRODUCT, 2023–2030 (KILOTON)     161

TABLE 175            VENEZUELA: TRIAZINE MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            162

TABLE 176            VENEZUELA: TRIAZINE MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)             162

TABLE 177            REST OF SOUTH AMERICA: TRIAZINE MARKET, BY PRODUCT,

2023–2030 (USD MILLION)            163

TABLE 178            REST OF SOUTH AMERICA: TRIAZINE MARKET, BY PRODUCT,

2023–2030 (KILOTON)     163

TABLE 179            REST OF SOUTH AMERICA: TRIAZINE MARKET, BY END-USE INDUSTRY,

2023–2030 (USD MILLION)            163

TABLE 180            REST OF SOUTH AMERICA: TRIAZINE MARKET, BY END-USE INDUSTRY,

2023–2030 (KILOTON)     163

TABLE 181            TRIAZINE MARKET: OVERVIEW OF MAJOR STRATEGIES ADOPTED

BY KEY PLAYERS, JANUARY 2020–AUGUST 2025   164

TABLE 182            TRIAZINE MARKET: DEGREE OF COMPETITION, 2024        167

TABLE 183            TRIAZINE MARKET: REGIONAL FOOTPRINT                 174

TABLE 184            TRIAZINE MARKET: TYPE FOOTPRINT  175

TABLE 185            TRIAZINE MARKET: PRODUCT FOOTPRINT                 176

TABLE 186            TRIAZINE MARKET: END-USE INDUSTRY FOOTPRINT       176

TABLE 187            TRIAZINE MARKET: DETAILED LIST OF KEY STARTUPS/SMES, 2024   179

TABLE 188            TRIAZINE MARKET: COMPETITIVE BENCHMARKING OF KEY

STARTUPS/SMES, 2024   180

TABLE 189            TRIAZINE MARKET: DEALS, JANUARY 2020–AUGUST 2025     181

TABLE 190            TRIAZINE MARKET: EXPANSIONS, JANUARY 2020–AUGUST 2025           182

TABLE 191            SLB: COMPANY OVERVIEW          184

TABLE 192            SLB: PRODUCTS OFFERED           185

TABLE 193            SLB: DEALS, JANUARY 2020−AUGUST 2025                 186

TABLE 194            SLB: EXPANSIONS, JANUARY 2020−AUGUST 2025        186

TABLE 195            DOW: COMPANY OVERVIEW      188

TABLE 196            DOW: PRODUCT OFFERED          189

TABLE 197            DOW: DEALS, JANUARY 2020−AUGUST 2025                 190

TABLE 198            BAKER HUGHES COMPANY: COMPANY OVERVIEW          192

TABLE 199            BAKER HUGHES COMPANY: PRODUCTS OFFERED             193

TABLE 200            BAKER HUGHES COMPANY: DEALS, JANUARY 2020−AUGUST 2025         194

TABLE 201            BAKER HUGHES COMPANY: EXPANSIONS, JANUARY 2020−AUGUST 2025     195

TABLE 202            HALLIBURTON: COMPANY OVERVIEW  197

TABLE 203            HALLIBURTON: PRODUCTS OFFERED   198

TABLE 204            HALLIBURTON: DEALS, JANUARY 2020−AUGUST 2025         199

TABLE 205            HALLIBURTON: EXPANSIONS, JANUARY 2020−AUGUST 2025         199

TABLE 206            CLARIANT: COMPANY OVERVIEW            201

TABLE 207            CLARIANT: PRODUCT OFFERED               202

TABLE 208            CLARIANT: DEALS, JANUARY 2020−AUGUST 2025        203

TABLE 209            CLARIANT: EXPANSIONS, JANUARY 2020−AUGUST 2025         203

TABLE 210            ECOLAB INC.: COMPANY OVERVIEW      205

TABLE 211            ECOLAB INC.: PRODUCTS OFFERED       206

TABLE 212            LUBRIZOL: COMPANY OVERVIEW            208

TABLE 213            LUBRIZOL: PRODUCTS OFFERED             208

TABLE 214            LUBRIZOL: EXPANSIONS, JANUARY 2020−AUGUST 2025         209

TABLE 215            DONGYING DAYONG PETROLEUM ADDITIVE CO., LTD.: COMPANY OVERVIEW              210

TABLE 216            DONGYING DAYONG PETROLEUM ADDITIVE CO., LTD.: PRODUCTS OFFERED               210

TABLE 217            HEXION INC.: COMPANY OVERVIEW       212

TABLE 218            HEXION INC.: PRODUCTS OFFERED        212

TABLE 219            HEXION INC.: EXPANSIONS, JANUARY 2020−AUGUST 2025         213

TABLE 220            SAUDI MULTICHEM COMPANY: COMPANY OVERVIEW          214

TABLE 221            SAUDI MULTICHEM COMPANY: PRODUCTS OFFERED             214

TABLE 222            SAUDI MULTICHEM COMPANY: EXPANSIONS, JANUARY 2020−AUGUST 2025     215

TABLE 223            FOREMARK PERFORMANCE CHEMICALS: COMPANY OVERVIEW   216

TABLE 224            DUBICHEM: COMPANY OVERVIEW          217

TABLE 225            SINOTRUST CHEMICAL CO., LTD.: COMPANY OVERVIEW          218

TABLE 226            Q2TECHNOLOGIES: COMPANY OVERVIEW                 219

TABLE 227            VENUS ETHOXYETHERS PVT. LTD.: COMPANY OVERVIEW          220

TABLE 228            VINK CHEMICALS GMBH & CO. KG: COMPANY OVERVIEW          221

TABLE 229            INTERNATIONAL CHEMICAL GROUP (ICG): COMPANY OVERVIEW   222

TABLE 230            TASFYEH GROUP INC.: COMPANY OVERVIEW                 223

TABLE 231            PURECHEM SERVICES: COMPANY OVERVIEW                 224

TABLE 232            SINTEZ OKA GROUP OF COMPANIES: COMPANY OVERVIEW          225

TABLE 233            BERRYMAN CHEMICAL: COMPANY OVERVIEW                 226

TABLE 234            NOVAMEN INC.: COMPANY OVERVIEW 227

TABLE 235            SUMMIT INTERNATIONAL: COMPANY OVERVIEW          228

TABLE 236            IMPERIAL OILFIELD CHEMICALS PVT. LTD.: COMPANY OVERVIEW   229

TABLE 237            MUBY CHEMICALS: COMPANY OVERVIEW                 230

TABLE 238            HYDROGEN SULFIDE SCAVENGERS MARKET, BY TYPE, 2023–2030 (USD MILLION)                232

TABLE 239            HYDROGEN SULFIDE SCAVENGERS MARKET, BY TYPE, 2023–2030 (KILOTON)        232

TABLE 240            HYDROGEN SULFIDE SCAVENGERS MARKET, BY CHEMISTRY,

2023–2030 (USD MILLION)            233

TABLE 241            HYDROGEN SULFIDE SCAVENGERS MARKET, BY CHEMISTRY,

2023–2030 (KILOTON)     233

TABLE 242            HYDROGEN SULFIDE SCAVENGERS MARKET, BY END USE,

2023–2030 (USD MILLION)            234

TABLE 243            HYDROGEN SULFIDE SCAVENGERS MARKET, BY END USE, 2023–2030 (KILOTON) 234

TABLE 244            HYDROGEN SULFIDE SCAVENGERS MARKET, BY REGION,

2023–2030 (USD MILLION)            235

TABLE 245            HYDROGEN SULFIDE SCAVENGERS MARKET, BY REGION, 2023–2030 (KILOTON)  235

LIST OF FIGURES

FIGURE 1              TRIAZINE MARKET SEGMENTATION AND REGIONAL SCOPE            24

FIGURE 2              TRIAZINE MARKET: RESEARCH DESIGN 27

FIGURE 3              BREAKDOWN OF INTERVIEWS WITH EXPERTS                 30

FIGURE 4              MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH         31

FIGURE 5              MARKET SIZE ESTIMATION: TOP-DOWN APPROACH         31

FIGURE 6              TRIAZINE MARKET: APPROACH 1             32

FIGURE 7              TRIAZINE MARKET: APPROACH 2             32

FIGURE 8              TRIAZINE MARKET: DATA TRIANGULATION                 33

FIGURE 9              WATER-SOLUBLE TRIAZINE SEGMENT TO REGISTER HIGHEST GROWTH

DURING FORECAST PERIOD       36

FIGURE 10            MMA TRIAZINE SEGMENT TO REGISTER HIGHEST GROWTH DURING

FORECAST PERIOD         37

FIGURE 11            CRUDE OIL SEGMENT TO WITNESS HIGH GROWTH DURING FORECAST PERIOD  38

FIGURE 12            ASIA PACIFIC TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD       38

FIGURE 13            EMERGING ECONOMIES OFFER ATTRACTIVE OPPORTUNITIES FOR

PLAYERS IN TRIAZINE MARKET 40

FIGURE 14            MEA TRIAZINE SEGMENT DOMINATED MARKET IN MIDDLE EAST & AFRICA IN 2024        41

FIGURE 15            WATER-SOLUBLE TRIAZINE SEGMENT TO LEAD MARKET DURING

FORECAST PERIOD         41

FIGURE 16            MEA TRIAZINE SEGMENT TO LEAD MARKET DURING FORECAST PERIOD       42

FIGURE 17            CRUDE OIL SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD       42

FIGURE 18            MARKET IN INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       43

FIGURE 19            TRIAZINE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES     44

FIGURE 20            CRUDE OIL PRODUCTION IN TOP 10 COUNTRIES, 2024 (BARRELS PER DAY)   45

FIGURE 21            FLUCTUATIONS IN DEMAND FOR NATURAL GAS        47

FIGURE 22            TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS                54

FIGURE 23            TRIAZINE MARKET: ECOSYSTEM ANALYSIS                 55

FIGURE 24            TRIAZINE MARKET: VALUE CHAIN ANALYSIS                 56

FIGURE 25            AVERAGE SELLING PRICE OF TRIAZINE PRODUCTS, BY KEY

PLAYER, 2024 (USD/KG)                 64

FIGURE 26            AVERAGE SELLING PRICE OF TRIAZINE, BY REGION, 2021–2024 (USD/KG)     65

FIGURE 27            EXPORT DATA FOR HS CODE 293369-COMPLIANT PRODUCTS,

BY COUNTRY, 2020–2024 (USD MILLION)               66

FIGURE 28            IMPORT DATA FOR HS CODE 293369-COMPLIANT PRODUCTS,

BY COUNTRY, 2020–2024 (USD MILLION)               67

FIGURE 29            LIST OF MAJOR PATENTS FOR TRIAZINE, 2015–2024        72

FIGURE 30            MAJOR PATENTS APPLIED AND GRANTED RELATED TO TRIAZINE,

BY COUNTRY/REGION, 2015–2024              72

FIGURE 31            INVESTMENT AND FUNDING SCENARIO, 2018–2024        78

FIGURE 32            IMPACT OF GEN AI/AI ON TRIAZINE MARKET                 78

FIGURE 33            TRIAZINE MARKET: PORTER’S FIVE FORCES ANALYSIS            80

FIGURE 34            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USE INDUSTRY            83

FIGURE 35            KEY BUYING CRITERIA FOR KEY END-USE INDUSTRIES       84

FIGURE 36            WATER-SOLUBLE SEGMENT TO DOMINATE MARKET IN FORECAST PERIOD 89

FIGURE 37            MEA TRIAZINE SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD    93

FIGURE 38            CRUDE OIL SEGMENT TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD  97

FIGURE 39            INDIA TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD       103

FIGURE 40            MIDDLE EAST & AFRICA TO DOMINATE MARKET IN 2025                103

FIGURE 41            MIDDLE EAST & AFRICA: TRIAZINE MARKET SNAPSHOT          105

FIGURE 42            NORTH AMERICA: TRIAZINE MARKET SNAPSHOT          120

FIGURE 43            TRIAZINE MARKET SHARE ANALYSIS, 2024                 166

FIGURE 44            TRIAZINE MARKET: REVENUE ANALYSIS OF KEY COMPANIES,

2020–2024 (USD BILLION)             169

FIGURE 45            TRIAZINE MARKET: COMPANY VALUATION, 2024 (USD BILLION)        170

FIGURE 46            TRIAZINE MARKET: FINANCIAL MATRIX – EV/EBITDA RATIO, 2024                 170

FIGURE 47            TRIAZINE MARKET: YEAR-TO-DATE PRICE AND FIVE-YEAR STOCK BETA, 2024     170

FIGURE 48            TRIAZINE MARKET: PRODUCT/BRAND COMPARISON   171

FIGURE 49            TRIAZINE MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024     173

FIGURE 50            TRIAZINE MARKET: COMPANY FOOTPRINT                 174

FIGURE 51            TRIAZINE MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024               178

FIGURE 52            SLB: COMPANY SNAPSHOT         185

FIGURE 53            DOW: COMPANY SNAPSHOT      189

FIGURE 54            BAKER HUGHES COMPANY: COMPANY SNAPSHOT          193

FIGURE 55            HALLIBURTON: COMPANY SNAPSHOT  198

FIGURE 56            CLARIANT: COMPANY SNAPSHOT            202

FIGURE 57            ECOLAB INC.: COMPANY SNAPSHOT (2024)                 206