Global Hydrazine Hydrate Market is Anticipated to Reach US$ 536.3 Mn by 2022: Transparency Market Research

Transparency Market Research has released a new market report titled “Hydrazine Hydrate for Water Treatment, Pharmaceuticals, Agrochemicals, Polymerization and Blowing Agents and Other End-Users - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2022According to the report, the global hydrazine hydrate market was valued at US$ 350.0 Mn in 2013 and is projected to reach US$ 536.3 Mn by 2022, expanding at a CAGR of 4.9% from 2014 to 2022. 

Browse the full Hydrazine Hydrate Market Report:

Hydrazine hydrate is an inorganic compound which is majorly used in polymer industry as a blowing agent. It is typically used in processing of polymers such as PVC, polystyrene, ABS, HDPE, and LDPE. The extensive demand for these polymers from several end-user industries including automobile, packaging, agriculture, infrastructure, etc. is anticipated to drive the demand for these polymers and indirectly hydrazine hydrate. The ever demanding polymer industry is expected to be the prime drivers for hydrazine hydrate market in the forecast period. In terms of regions, Asia Pacific was the largest region of the global hydrazine hydrate market in 2013, owing to the extensive demand from polymer industry in the region coupled with significant expansion from manufacturers located in China. In terms of volume, Asia Pacific accounted for more than 55% share of the global hydrazine hydrate market in 2013.

The hydrazine hydrate market is characterized by the surge in demand for hydrazine hydrate in the production of azodicarbonamide, used in polymer industry. The extensive increase in production capacity from most of the manufacturers located in China is expected to increase its market dominance and retain its supremacy in the forecast period. Asia Pacific is also anticipated to be the fastest growing market for hydrazine hydrate during the forecast period considering the significant development of other industries such as agrochemicals, water treatment, pharmaceuticals and other using hydrazine hydrate as intermediates. Demand for hydrazine hydrate in North America is anticipated to remain moderate during the forecast period. Similar trend is predictable across various countries in Europe such as Spain, UK and France owing to environmental restrictions along with potential carcinogenic nature of hydrazine hydrate. The market across Latin America and the Middle East and Africa is also likely to be lucrative for hydrazine hydrate considering the growth of polymer and agrochemical industries in countries such as Brazil and South Africa.

Browse the full Press Release of Hydrazine Hydrate Market

Key players operating in the hydrazine hydrate market include Otsuka-MGC Chemical Company Inc., Arkema SA, Lonza Group Ltd., Weifang Yaxing Chemical Co Ltd., Nippon Carbide Industries Co Inc., Tanshang Chen Hong Industrial Co. Ltd., LANXESS, Japan FineChem Inc., Hunan Zhuzhou Chemical Industry Group Co. Ltd and Yibin Tianyuan Group Co. Ltd.

The report segments the global hydrazine hydrate market as follows:
Hydrazine Hydrate Market: End-User Analysis
  • Water treatment
  • Pharmaceuticals
  • Agrochemicals
  • Polymerization and blowing agents
  • Others (Including metal purification, etc.)

Hydrazine Hydrate Market: Regional Analysis

North America
  Rest of North America

  Rest of Europe

Asia Pacific
  Rest of Asia Pacific

Latin America
  Rest of Latin America
  Middle East & Africa
  GCC countries
  South Africa
  Rest of Middle East & Africa

About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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