
World - Hydantoin And Its Derivatives - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGlobal Hydantoin Market: Anticipated 4.8% Increase in Volume to 63K Tons and 6.7% Growth in Value to $345M by 2030
IndexBox has just published a new report: World - Hydantoin And Its Derivatives - Market Analysis, Forecast, Size, Trends And Insights.
The global hydantoin market is set to experience a steady increase in demand, with a forecasted CAGR of +4.8% in volume and +6.7% in value from 2024 to 2030. This growth is expected to bring the market volume to 63K tons and the market value to $345M by the end of 2030.
Market Forecast
Driven by rising demand for hydantoin worldwide, the market is expected to start an upward consumption trend over the next six-year period. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +4.8% for the period from 2024 to 2030, which is projected to bring the market volume to 63K tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +6.7% for the period from 2024 to 2030, which is projected to bring the market value to $345M (in nominal wholesale prices) by the end of 2030.

Consumption
World Consumption of Hydantoin And Its Derivatives
In 2024, the amount of hydantoin and its derivatives consumed worldwide declined modestly to 48K tons, which is down by -1.9% against 2023. In general, consumption showed a mild slump. The most prominent rate of growth was recorded in 2019 when the consumption volume increased by 9% against the previous year. Global consumption peaked at 62K tons in 2016; however, from 2017 to 2024, consumption remained at a lower figure.
The global hydantoin market revenue fell to $234M in 2024, dropping by -5.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a perceptible descent. The growth pace was the most rapid in 2016 with an increase of 8.7%. Global consumption peaked at $399M in 2014; however, from 2015 to 2024, consumption stood at a somewhat lower figure.
Consumption By Country
China (15K tons) constituted the country with the largest volume of hydantoin consumption, accounting for 30% of total volume. Moreover, hydantoin consumption in China exceeded the figures recorded by the second-largest consumer, India (5.7K tons), threefold. The third position in this ranking was held by Spain (5.4K tons), with an 11% share.
In China, hydantoin consumption expanded at an average annual rate of +1.9% over the period from 2013-2024. The remaining consuming countries recorded the following average annual rates of consumption growth: India (+2.1% per year) and Spain (+19.3% per year).
In value terms, the largest hydantoin markets worldwide were China ($46M), the United States ($27M) and India ($25M), with a combined 42% share of the global market. Spain, Belgium, Japan, Turkey, Brazil, Indonesia and Vietnam lagged somewhat behind, together comprising a further 31%.
In terms of the main consuming countries, Vietnam, with a CAGR of +27.8%, saw the highest rates of growth with regard to market size over the period under review, while market for the other global leaders experienced more modest paces of growth.
The countries with the highest levels of hydantoin per capita consumption in 2024 were Belgium (148 kg per 1000 persons), Spain (114 kg per 1000 persons) and Turkey (15 kg per 1000 persons).
From 2013 to 2024, the biggest increases were recorded for Vietnam (with a CAGR of +32.8%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Hydantoin And Its Derivatives
In 2024, global hydantoin production contracted modestly to 49K tons, declining by -2% against 2023. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2023 when the production volume increased by 11% against the previous year. Over the period under review, global production reached the peak volume at 57K tons in 2014; however, from 2015 to 2024, production stood at a somewhat lower figure.
In value terms, hydantoin production fell slightly to $273M in 2024 estimated in export price. Over the period under review, production recorded a deep downturn. The pace of growth appeared the most rapid in 2019 with an increase of 12%. Global production peaked at $495M in 2013; however, from 2014 to 2024, production stood at a somewhat lower figure.
Production By Country
China (23K tons) remains the largest hydantoin producing country worldwide, comprising approx. 47% of total volume. Moreover, hydantoin production in China exceeded the figures recorded by the second-largest producer, India (5.5K tons), fourfold. Portugal (3.9K tons) ranked third in terms of total production with a 7.9% share.
From 2013 to 2024, the average annual growth rate of volume in China amounted to +1.8%. In the other countries, the average annual rates were as follows: India (+1.4% per year) and Portugal (+24.1% per year).
Imports
World Imports of Hydantoin And Its Derivatives
After three years of decline, supplies from abroad of hydantoin and its derivatives increased by 6.2% to 20K tons in 2024. In general, imports, however, continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2016 when imports increased by 13% against the previous year. Over the period under review, global imports hit record highs at 25K tons in 2020; however, from 2021 to 2024, imports stood at a somewhat lower figure.
In value terms, hydantoin imports expanded modestly to $105M in 2024. Over the period under review, imports, however, saw a pronounced reduction. The pace of growth appeared the most rapid in 2014 when imports increased by 11% against the previous year. As a result, imports reached the peak of $203M. From 2015 to 2024, the growth of global imports failed to regain momentum.
Imports By Country
In 2024, Spain (6K tons) represented the major importer of hydantoin and its derivatives, achieving 30% of total imports. It was distantly followed by the United States (1.8K tons), Brazil (1.2K tons), India (1.1K tons) and Japan (1K tons), together committing a 25% share of total imports. Vietnam (860 tons), the Netherlands (773 tons), Turkey (623 tons), Germany (556 tons) and Italy (463 tons) took a relatively small share of total imports.
Imports into Spain increased at an average annual rate of +14.3% from 2013 to 2024. At the same time, Vietnam (+33.4%), Turkey (+7.6%), India (+4.4%), Brazil (+2.8%), Japan (+2.3%) and the Netherlands (+1.0%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in the world, with a CAGR of +33.4% from 2013-2024. By contrast, the United States (-3.9%), Italy (-4.1%) and Germany (-13.8%) illustrated a downward trend over the same period. From 2013 to 2024, the share of Spain, Vietnam, India, Brazil, Turkey and Japan increased by +24, +4.1, +2.5, +2.3, +1.9 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($21M), Spain ($15M) and Japan ($9.6M) appeared to be the countries with the highest levels of imports in 2024, with a combined 43% share of global imports. Brazil, Germany, the Netherlands, India, Vietnam, Turkey and Italy lagged somewhat behind, together comprising a further 21%.
Vietnam, with a CAGR of +23.3%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices By Country
In 2024, the average hydantoin import price amounted to $5,172 per ton, waning by -3.4% against the previous year. In general, the import price recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 17% against the previous year. Global import price peaked at $8,427 per ton in 2014; however, from 2015 to 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2024, amid the top importers, the country with the highest price was the United States ($11,686 per ton), while Vietnam ($2,361 per ton) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by the United States (+2.3%), while the other global leaders experienced a decline in the import price figures.
Exports
World Exports of Hydantoin And Its Derivatives
In 2024, shipments abroad of hydantoin and its derivatives was finally on the rise to reach 22K tons after two years of decline. The total export volume increased at an average annual rate of +1.3% from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 17%. The global exports peaked at 22K tons in 2021; however, from 2022 to 2024, the exports remained at a lower figure.
In value terms, hydantoin exports expanded slightly to $95M in 2024. Over the period under review, exports, however, continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 13%. As a result, the exports reached the peak of $179M. From 2015 to 2024, the growth of the global exports remained at a lower figure.
Exports By Country
China represented the largest exporting country with an export of about 8.8K tons, which finished at 40% of total exports. It was distantly followed by Portugal (3.9K tons), the UK (1.4K tons), the United States (1.3K tons) and the Netherlands (1.2K tons), together mixing up a 36% share of total exports. India (934 tons), Spain (657 tons), Belgium (631 tons), Taiwan (Chinese) (624 tons) and Indonesia (499 tons) took a relatively small share of total exports.
From 2013 to 2024, average annual rates of growth with regard to hydantoin exports from China stood at +1.4%. At the same time, Portugal (+108.4%), the UK (+25.5%), the Netherlands (+7.2%), Belgium (+2.9%) and Indonesia (+2.5%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest-growing exporter exported in the world, with a CAGR of +108.4% from 2013-2024. India and Taiwan (Chinese) experienced a relatively flat trend pattern. By contrast, Spain (-6.2%) and the United States (-8.6%) illustrated a downward trend over the same period. From 2013 to 2024, the share of Portugal, the UK and the Netherlands increased by +18, +6 and +2.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest hydantoin supplying countries worldwide were China ($27M), Taiwan (Chinese) ($15M) and the United States ($9.2M), together accounting for 54% of global exports. The Netherlands, Spain, Belgium, the UK, India, Portugal and Indonesia lagged somewhat behind, together accounting for a further 28%.
Portugal, with a CAGR of +38.3%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices By Country
In 2024, the average hydantoin export price amounted to $4,326 per ton, waning by -2.4% against the previous year. In general, the export price showed a abrupt downturn. The growth pace was the most rapid in 2017 when the average export price increased by 18%. Over the period under review, the average export prices attained the peak figure at $8,548 per ton in 2014; however, from 2015 to 2024, the export prices remained at a lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2024, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($23,415 per ton), while Portugal ($847 per ton) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Spain (+6.5%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global hydantoin market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 21103140 - Hydantoin and its derivatives
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption, By Country, 2018–2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Destination, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Origin, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Consumption, By Country, 2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Production, By Country, 2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, 2012–2024