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1, 3-Diphenyl Guanidine Market Segmented By Application such as Surface Coatings, Chemical Synthesis, Adhesives & Sealants, Rubber & Plastic Additives, Detergents, Textiles, Others
1, 3-Diphenyl Guanidine (DPG) is also known as carbamidine. 1, 3-Diphenyl Guanidine is a white to pale pink coloured powder. 1, 3-Diphenyl Guanidine is a water-soluble highly alkaline compound. 1, 3-Diphenyl Guanidine is used in some rubber products manufacturing and processing. 1, 3-Diphenyl Guanidine is a middle-speed accelerator which is suitable for synthetic and natural rubber.
1, 3-Diphenyl Guanidine can be used as an activator for thiuram, thiazole and sulfonamide etc. 1, 3-Diphenyl Guanidine is also used as a compatibilizer for silica fillers. 1, 3-diphenyl guanidine also acts as a complexing agent for the detection of organic and metals bases. 1, 3-diphenyl guanidine finds its uses in laboratory research. New applications are being researched by various manufacturers by investing in R&D.
Reduction in rubber processing time by using is the need focus of the end users
The rubber industry is mainly driving the market of 1, 3-Diphenyl Guanidine due to its increasing consumption in the vulcanization of rubber. This has resulted into significant market growth of 1, 3-Diphenyl guanidine across the world.
Furthermore, 1, 3-diphenyl guanidine is also used in styrene-butadiene rubber and natural rubber compounds as a secondary accelerator with sulphenamides and thiazoles. Increasing demand for automobiles results in creating tire demand an indirect positive impact on the market of 1, 3-diphenyl guanidine market as it is used in the manufacturing of tires. increasing footwear industry due to rising demand for trendy footwear among consumer is considered as the key factor in propelling the demand for 1, 3-diphenyl guanidine from footwear.
Furthermore, significant growth in end-use industry such as Chemical is expected to push the demand 1, 3-diphenyl guanidine. 1, 3-diphenyl guanidine finds its use in the manufacturing industry to fulfil all the necessities for a chemical compound to become a standard solution which can be further used for calibrations of aqueous and acetous solutions, which upsurge the demand for 1, 3-diphenyl guanidine from chemical industry
Stringent Regulations may impact the potential market growth
According to government norms and regulation, 1, 3-diphenyl guanidine is consider as a harmful chemical for human health. It is a harmful if swallowed directly or can cause irritation for eyes, skin as well as respiratory system. Production of 1, 3-diphenyl guanidine has strict government regulations which may obstruct the market growth of 1, 3-diphenyl guanidine, in coming years.
The manufacturer is focusing on innovation in rubber accelerators for fast rubber processing and saving the production time.
Asia Pacific region is anticipated to be the significant market for 1, 3-diphenyl guanidine especially in countries such as China and India, owing to increasing demand for rubber-based products from end-use industry in the region. North America holds the second largest share for the 1, 3-diphenyl guanidine due to growing demand from the automotive tire industry.
Europe accounts for the third-largest share in the 1, 3-diphenyl guanidine due to increasing rubber and automotive industry. The demand for 1, 3-Diphenyl Guanidine is expected to slow down in Japan due to sluggish growth in the economy as well as in end-use industry. Whereas, the Middle East & Africa region is expected to grow at a moderate rate in the coming year, due to the growing chemical & petrochemical industry
Some of the key market participants in the market of 1, 3-Diphenyl Guanidine are as follows:-