Top 12 manufacturers in Azodicarbonamide (CAS-123-77-3) Market
Prof Research has published a new report on the Azodicarbonamide market, featuring an in-depth analysis of the current state of the global industry. The report identifies the 12 largest manufacturers in the Azodicarbonamide market and provides key statistics. It serves as a valuable source of guidance for companies and individuals interested in the Azodicarbonamide industry.
In 2023, the global Azodicarbonamide market was valued at USD 791.6 million. The market is projected to grow at a compound annual growth rate (CAGR) of 3.1%, reaching USD 951.5 million by 2029.
Key Manufacturers and Market Shares:
1. Ningxia Risheng
Ningxia Risheng is the largest manufacturer, holding a 48.3% market share by value. Ningxia Risheng High-tech Industry Co., Ltd. is a private enterprise that produces hydrazine hydrate, ADC foaming agents, and other fine chemical products.
2. Jiangxi Selon Industrial
Jiangxi Selon Industrial ranks as the second-largest manufacturer with a 19.3% market share by value. Based in Leping, China, Jiangxi Selon Industrial Co., Ltd. focuses on the production, sales, and R&D of fine chemical products, particularly downstream chlorine-alkali products.
3. Jiangxi Sopo
The third-largest manufacturer, Jiangxi Sopo, holds an 11.7% market share by value. Jiangsu Sopo Chemical Co., Ltd., established in 1996 in Zhenjiang City, Jiangsu Province, primarily manufactures and sells chemical raw materials and products.
4. Weifang Yaxing Chemical
Weifang Yaxing Chemical ranks fourth with a 2.9% market share by value. As a large state-holding public company, Weifang Yaxing Chemical Co., Ltd. specializes in the production and sales of chlorinated polyethylene (CPE), ion exchange caustic soda, hydrazine hydrate, ADC blowing agents, and other chemical products.