Global Hydrazine Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global hydrazine market in its upcoming report titled, “Global Hydrazine Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global hydrazine market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global hydrazine market report has been segmented on the basis of application, and region.
Hydrazine is a very reactive material that can decompose at a very high speed and energy under various conditions. Hydrazine is an inorganic compound with chemical formula N2H4, especially used in fuels for rocket and jet engines. Hydrazine is a colorless flammable liquid with an ammonia-like odor. Hydrazine is highly toxic and dangerously unstable unless handled in solution.
Increasing demand for hydrazine and its by-products owing to rapid development of industries such as pharmaceuticals and increasing adoption of hydrazine in industrial and agricultural applications are major factors expected to drive growth of the global market over the forecast period. In addition, increasing adoption of hydrazine as a reducing agent in various applications such as water and waste water treatment, refining, boiler water treatment, and purification is another factor expected to fuel growth of the target market. Moreover, hydrazine hydrate is majorly used in various products such as vinyl sheets, food containers, structural foam, foamed core pipes, and wood grain furniture, which is expected to support growth of this market in the near future.
However, there may be some side effects on human body due to exposure to hydrazine such as irritation of nose, eye, and throat, conditions of nausea, and headaches, which is expected to restrain growth of the global market over the forecast period. In addition, over exposure to hydrazine is expected to damage kidney, liver, and central nervous system, which is expected to hamper growth of the target market in the near future.
Rising adoption of hydrazine hydrate in polymer industries is expected to create potential revenue opportunities for players operating in the target market over the forecast period.
The market in Europe dominates the global market in terms of revenue over the forecast period, owing to rapid development of pharmaceutical and water treatment industry, and increasing production of hydrazine in Germany. The market in Asia Pacific is expected to account for second-highest share in the target market, owing to increasing agricultural, industrial, and pharmaceutical industries, and growing hydrazine application as a precursor to blowing agent in polymer industry.
Global hydrazine market segmentation:
Segmentation by application:
- Water Treatment
- Blowing Agents
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Arkema Inc.
- Bayer Nordic
- Arrow Fine Chemicals
- Chemtex Speciality Limited
- Japan Finechem Inc.
- Lansdowne Chemicals Plc
- LANXESS Corporation
- Lonza Group Ltd.
- NIPPON CARBIDE INDUSTRIES CO.INC.
- Palm Commodities International, Inc.
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