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Hydrogen Cyanide Market 2019 Significant Growth Rate by Industry Size, Share, Market Dynamics, Development Status of Key Players Forecast to 2024

Hydrogen

The “Hydrogen Cyanide Market” research report 2019-2024 delivers comprehensive information and valuable insights about the Hydrogen Cyanide industry. The information available in the Hydrogen Cyanide market report is not only based on the facts but also on the case studies, which analysts have included to convey appropriate information to the clients in a well-versed manner. Hydrogen Cyanide market report includes valuable information to assist new entrants, as well as established players, to understand the prevailing trends in the market.

Some Companies Are Covered in the Hydrogen Cyanide Market:

  • Air Liquide
  • Hindusthan Chemicals Company
  • Matheson Tri
  • Gas Inc.
  • Evonik Industries
  • INEOS
  • Ascend Performance Materials
  • Triveni Chemicals

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    Market Overview:

  • The global hydrogen cyanide market is expected to register a CAGR of over 1% during the forecast period, 2019 – 2024. The major factors driving the market studied include huge demand for manufacturing of sodium cyanide and potassium cyanide and increasing usage of hydrogen cyanide for the production of Adiponitrile. Highly toxic nature of hydrogen cyanide is expected to significantly hinder the growth of the market studied.
  • – North America is expected to dominate the global market during the forecast period.
  • – Its use in production of chelating agents in untapped markets is likely to act as opportunities in the future.<

    Scope of the Report:

  • This report studies the global Hydrogen Cyanide market size, industry status and forecast, competition landscape and growth opportunity.

    Reasons for Buying Hydrogen Cyanide Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    Growing Usage in Adiponitrile Application

    – A considerable part of the hydrogen cyanide produced is used in adiponitrile application as a precursor for polyamide production.
    – Adiponitrile (ADN) is used almost exclusively in the manufacturing process of hexamethylene diamine (HMDA), of which 92% is used to make nylon 6,6 fibers, and resins.
    – Nylon 6,6 is one of the most versatile engineering thermoplastics. Owing to its excellent balance, mechanical strength, ductility, and thermal resistance, it is an ideal substitute for metal in various applications. It is easy to modify nylon 6,6’s properties using fillers, fibers, internal lubricants, and impact modifiers.
    – There has been a rapid growth in demand for nylon from several industries, including automotive, textile, and electronics. Thus, with the increasing usage of nylon, the demand for adiponitrile is expected to grow rapidly.
    – This, in turn, is expected to boost the market for hydrogen cyanide from adiponitrile application, over the forecast period.

    Growing Demand from India in the Asia Pacific Region

    – India is one of the major consumers of hydrogen cyanide in the Asia-Pacific region. India is a growing economy and holds great potential for future market opportunities.
    – The country’s government has been taking initiatives to attract FDIs in the manufacturing sector, to make India a manufacturing hub.
    – Textiles and apparels production in India has been growing since the past few years, owing to the demand from the growing population. Owing to the increasing government initiatives and investments in the textiles sector, the production of textiles in the country is increasing significantly.
    – India is well endowed regarding most of the minerals. The country produces nearly 87 minerals, including four fuel minerals, ten metallic minerals, 47 non-metallic minerals, three atomic minerals, and 23 minor minerals (including building and other materials).
    – Owing to the increasing demand for the adiponitrile in nylon 6-6 production, coupled with the increasing usage of sodium cyanide in the mining industry, the demand for hydrogen cyanide in the production of adiponitrile and sodium cyanide is expected to increase in the country over the forecast period.
    – Additionally, countries, such as China and Japan, are also contributing a major share in the Asia-Pacific hydrogen cyanide market and is expected to increase during the forecast period.

    Hydrogen Cyanide Market Report Provides Comprehensive Analysis of:

    • Functional market industry outline
    • Up and downstream industry examination
    • Channels and propositions believability
    • Market challenge by key players
    • Enhancement suggestions examination

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    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

    Detailed TOC of Hydrogen Cyanide Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Drivers
    4.1.1 Huge Demand for Manufacturing of Sodium Cyanide and Potassium Cyanide
    4.1.2 Increasing Usage of Hydrogen Cyanide for the Production of Adiponitrile
    4.2 Restraints
    4.2.1 Highly Toxic Nature of Hydrogen Cyanide
    4.2.2 Other Restraints
    4.3 Industry Value-Chain Analysis
    4.4 Porter’s Five Forces Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition
    4.5 Import and Export Trends
    4.6 Regulatory Policy Analysis

    5 MARKET SEGMENTATION
    5.1 Structure Type
    5.1.1 Hydrogen Cyanide (HCN) Liquid
    5.1.2 Hydrogen Cyanide (HCN) Gas
    5.2 Application
    5.2.1 Sodium Cyanide and Potassium Cyanide
    5.2.2 Adiponitrile
    5.2.3 Acetone Cyanohydrin
    5.2.4 Other Applications
    5.3 Geography
    5.3.1 Asia-Pacific
    5.3.1.1 China
    5.3.1.2 India
    5.3.1.3 Japan
    5.3.1.4 South Korea
    5.3.1.5 Rest of Asia-Pacific
    5.3.2 North America
    5.3.2.1 United States
    5.3.2.2 Canada
    5.3.2.3 Mexico
    5.3.3 Europe
    5.3.3.1 Germany
    5.3.3.2 United Kingdom
    5.3.3.3 Italy
    5.3.3.4 France
    5.3.3.5 Rest of Europe
    5.3.4 South America
    5.3.4.1 Brazil
    5.3.4.2 Argentina
    5.3.4.3 Rest of South America
    5.3.5 Middle East & Africa
    5.3.5.1 Saudi Arabia
    5.3.5.2 South Africa
    5.3.5.3 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 Air Liquide
    6.4.2 Hindusthan Chemicals Company
    6.4.3 Matheson Tri-Gas Inc.
    6.4.4 Evonik Industries
    6.4.5 INEOS
    6.4.6 Ascend Performance Materials
    6.4.7 Triveni Chemicals

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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