Global Hydrazine Market was valued at USD 387.52 Mn in 2019 and is expected to reach at USD 660.87 Mn by 2027 at a CAGR of 6.9% over the forecast period 2020-2027.
Global Hydrazine Market
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The report covers an in-depth analysis of COVID 19 pandemic impact on Global Hydrazine Market by region and on the key players revenue affected till July 2020 and expected short term and long-term impact on the market.
Global Hydrazine Market Dynamics:
Hydrazine is an inorganic compound having chemical formula〖 N_2 H〗_4. Hydrazine has found its usage as a corrosion inhibitor, water-treatment chemical, and as a rocket propellant to produce agricultural chemicals and chemical blowing agents. Hydrazine and hydrazine sulfate act as human carcinogens based on sufficient evidence of carcinogenicity from studies in experimental animals. Various factors such as growing demand for polymer foams in polymer industry, growing demand for hydrazine in agrochemical industry, increasing hydrazine applications for the refining and purification process in emerging countries such as China, India, South Korea, ASEAN and Brazil and developing aerospace industry & increasing space explorations are driving the market growth over the forecast period.
However, factors such as fluctuations in raw material prices, availability of substitutes for hydrazine, stringent environmental regulations pertaining to applications of hydrazine and toxic and carcinogenic properties of hydrazine are restraining the market growth over the forecast period.
Global Hydrazine Market is segmented by application and by Region. By applications, Agrochemicals segment held the highest market share in 2019 and is expected to keep its dominance over the forecast period owing to increasing adoption of hydrazine in agricultural chemicals. Growing population across the globe has boosted the demand for agricultural crops which in turn is driving the demand for hydrazine in agrochemicals. Moreover, factors such as advancements in technologies, rising standard of living, growing commercialisation of agricultural in developing countries are driving the market growth of this segment over the forecast period. Agrochemicals application segment is followed by Purification and refining. Purification application segment held xx% of market share over the forecast period. In purification application hydrazine is used for purification of various noble metals such as platinum, gold, nickel, silver etc. Wastewater treatment application segment is expected to hold xx% of market share over the forecast period.
By region, market is segmented into North America, APAC, Europe, MEA& Africa and Latin America. Among all regions, Asia Pacific held the highest market share in 2019 and is expected to keep its dominance over the forecast period. Factors such as rapidly expanding end user industries, increasing presence of global market players, favourable government policies, availability of low cost labour and technical expertise and expanding manufacturing base and production facilities in China, India, and Japan are driving the market growth over the forecast period. APAC is followed by Europe and North America. APAC is followed by Europe and North America. Europe is expected to hold xx% of market share over the forecast period owing to growing demand from pharmaceutical and water treatment industries and presence of major market players in this region. Germany dominates hydrazine production in Europe followed by UK, France, and Italy. North America is expected to hold xx% of market share over the forecast period owing to increasing hydrazine demand in agrochemical and water treatment industries in countries such as the U.S. and Canada. The U.S. production capacity for hydrazine was estimated at xx million tons 2019.
Report covers in depth analysis of key development, marketing strategies, supply-side and demand side indicators and company profiles of market leaders, potential players, and new entrants. Key players operating in this market are adopting various organic and inorganic growth strategies such as merger& acquisitions, joint ventures, collaborations, expansion, new product launches and patents to increase their regional presence and business operations.
The objective of the report is to present a comprehensive analysis of the Global Hydrazine Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Hydrazine Market dynamics, structure by analyzing the market segments and project Global Hydrazine Market Clear representation of competitive analysis of key players by price, financial position, Product portfolio, growth strategies, and regional presence in the Global Hydrazine Market make the report investor’s guide.
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Global Hydrazine Market, by Applications
• Boiler water treatment
• Agrochemicals
• Refining
• Purification
• Waste water
• Effluent treatment
Global Hydrazine Market, by Region
• North America
• APAC
• Europe
• MEA& Africa
• South America
Global Hydrazine Market Major Players
• Arkema
• Bayer
• Atochem
• Fisons
• K
• HidKim
• Arrow Fine Chemicals
• Lansdowne
• Arch Chemicals
• Arkema
• BLUE HENGDA
• Chongqing Chemical & Pharmaceutical
• KUMYANG
• LANXESS
• Lonza
• Yasing
• XinRen
• Zhuzhou Chemical
• TIANYUAN
• Japan Finechem
• HPLA
• NIPPON CARBIDE
• Otsuka-MGC
• Lonza
• Risheng
• Palm.
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