Global Biuret (CAS 108-19-0) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Biuret (CAS 108-19-0) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Biuret (CAS 108-19-0) market finds that the global Biuret (CAS 108-19-0) market reached a value of USD 90.72 million in 2022. It’s expected that the market will achieve USD 117.98 million by 2028, exhibiting a CAGR of 4.48% during the forecast period.

Possible harm

Biuret can be used as a feed additive or fertilizer additive to promote the growth of animals and plants, but the use of biuret may cause harm. Among the feed additives, biuret is added to the feed as a non-protein nitrogen source, and the protein is synthesized by the microorganisms in the rumen of the animal to meet the needs of the animal for protein. However, if an excessive amount of biuret is added to the feed, when the animal consumes excessive nitrogen, it will cause nitrogen poisoning. When biuret is used as a fertilizer additive, if the content is too high, it will inhibit and damage the capillary roots of seedlings, reduce the absorption rate of fertilizers by fruit trees, and harm the germination of seeds and the growth of fruit trees. Therefore, when using biuret, pay attention to factors such as concentration and use method, which will bring a certain degree of challenge to the development of the industry.

The development of emerging economies

Globally, emerging economies like China are experiencing a high degree of industrialization. On the one hand, with the growth of these emerging economies and the increase in disposable income, diets have become more and more diversified, and more and more poultry farms have begun to develop, which has led to the development of Biuret as a feed additive. On the other hand, with the development of economy and manufacturing industry, more and more industries need foaming agent. As a raw material of synthetic foaming agent, Biuret is also gradually developing. With the development of the pharmaceutical industry in emerging economies such as China and India, it is expected that Biuret will be used more and more as pharmaceutical intermediates. Emerging economies such as China and India, with low labor costs, convenient transportation, and relatively mature industrial chains are expected to attract more investment opportunities, which will also drive the development of Biuret's industry.

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:

ADM Animal Nutrition is one of the major players operating in the Biuret (CAS 108-19-0) market, holding a share of 50.66% in 2023.

ADM Animal Nutrition

ADM Alliance Nutrition Inc. produces livestock feed ingredients. The Company selects, processes, packages, and delivers ingredients such as grains, proteins, vitamin blends, and amino acids.

Condice Chemical

Condice Chemical is mainly engaged in the research and development and sales of pharmaceutical raw materials, pharmaceutical intermediates, chemical products and chemical reagents.

Segmentation Overview:

Among different product types, General Use segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Feed Additives segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Biuret (CAS 108-19-0) market covered in Chapter 3:

Web Lion Chemical
Yukong Biological Technology
ADM Animal Nutrition
Shenxin Fine Chemical
Rongcan Biotechnology
Lingyun Pharmaceutical
Condice Chemical

In Chapter 4 and Chapter 14.2, on the basis of types, the Biuret (CAS 108-19-0) market from 2018 to 2029 is primarily split into:

General Use
Laboratory Use

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Biuret (CAS 108-19-0) market from 2018 to 2029 covers:

Pharmaceutical Intermediate
Foaming Agent
Feed Additives
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)