The production of hydrazine involves various processes such as Raschig process, urea process, and H2O2 process. Among all these, the Raschig process is the most widely used process for the commercial production of hydrazine. The chemical majorly finds its application in the production of foaming agents, such as azodicarbonamide. When azodicarbonamide is bubbled via a liquid polymer precursor, it decomposes to nitrogen, carbon monoxide, carbon dioxide, and ammonia thermally. Hence, these gases further form bubbles in the hydrazine liquid and thus polymerize to leave a foamy and lightweight plastic.
At present, the global hydrazine market witnesses vivid opportunities due to rise in demand for polymer foams in the polymer industry. The global hydrazine market is expected to account for $485 million by 2022, registering a CAGR of 6.5% from 2016 to 2022.
Different applications of hydrazine in products such as foamed core pipes, food containers, structural foam, wood grain furniture, and vinyl sheets is another factor anticipated to propel the growth of the global hydrazine market during the forecast period. In addition, growth in need for agrochemicals due to rise in demand for high quality agricultural products especially for food is another key aspect that drives the global hydrazine market. Geographically, Asia-Pacific and North America are the key regions in this market and are slated to foresee significant growth owing to increase in applications of hydrazine as a precursor to blowing agent in the polymer industry. However, extreme toxicity of hydrazine is one of the key elements anticipated to pose serious threat to the global hydrazine market. Furthermore, various environmental and industry regulations imposed by the National Institute for Occupational Safety and Health and OSHA, USA is also a major restraint in the global market.
The report segments the global hydrazine market on the basis of application and geography. On the basis of application, it is classified into pharmaceuticals, water treatment, blowing agents, agrochemicals, and others. Geographically, the global hydrazine market is segmented into North America, Europe, Asia-Pacific, and LAMEA.
Leading market players have invested huge capital in R&D activities to develop advanced products to cater to the demand of end users. The major players in the industrial explosives market are:
Arrow Fine Chemicals
Arch Chemicals, Inc.
Nippon Carbide Industries Co. Inc.
Japan Finechem Company, Inc.
KEY BENEFITS FOR STAKEHOLDERS
The report provides an extensive analysis of the current and emerging market trends and opportunities in the global hydrazine market.
The report includes a detailed qualitative and quantitative analysis of the current market estimations during the forecast period to determine the prevailing market opportunities.
Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
Comprehensive regional analysis based on primary as well as secondary sources is also offered.
Extensive analysis of the market is conducted by following key product positioning and by monitoring the top competitors within the market framework.
The report provides extensive qualitative insights on the potential and niche segments or regions.
The report furnishes key insights on strategic analysis of various companies as well as value chain analysis of the hydrazine market.
KEY MARKET SEGMENTS
Rest of Europe
Rest of Asia-Pacific
Rest of LAMEA
1.1. Key Benefits For Stakeholders
1.2. Key Market Segments
1.3. Research Methodology
1.3.1. Secondary Research
1.3.2. Primary Research
1.3.3. Analyst Tools And Models
Chapter: 2 Executive Summary
Chapter: 3 Market Overview
3.1. Market Definition And Scope
3.2. Key Findings
3.2.1. Top Investment Pockets, By End-Use Industry
3.2.2. Top Winning Strategies
3.3. Porters Five Forces Analysis
3.4. Market Dynamics
18.104.22.168. Increase In Demand For Hydrazine As A Reducing Agent
22.214.171.124. Surge In Demand For High Quality Agrochemicals
126.96.36.199. Health Issues
188.8.131.52. Environmental Concerns Associated With Disposal Of Hydrazine
184.108.40.206. Increase In Research And Development Related To Hydrazine In Pharmaceutical Applications
220.127.116.11. Increasing Application Of Hydrazine Fuel Cells
Chapter: 4 Global Hydrazine Market, By Application
4.2. Market Size And Forecast
4.3.1. Key Market Trends, Growth Factors And Opportunities
4.3.2. Market Size And Forecast
4.4. Water Treatment
4.4.1. Key Market Trends, Growth Factors And Opportunities
4.4.2. Market Size And Forecast
4.5. Blowing Agents
4.5.1. Key Market Trends, Growth Factors And Opportunities
4.5.2. Market Size And Forecast
4.6.1. Key Market Trends, Growth Factors And Opportunities
4.6.2. Market Size And Forecast
4.7.1. Key Market Trends, Growth Factors And Opportunities
4.7.2. Market Size And Forecast
Chapter: 5 Hydrazine Market, By Geography
5.1.1. Market Size And Forecast
5.2. North America
5.2.1. Key Market Trends, Growth Factors And Opportunities
5.2.2. Market Size And Forecast
18.104.22.168. Market Size And Forecast
22.214.171.124. Market Size And Forecast
126.96.36.199. Market Size And Forecast
5.3.1. Key Market Trends, Growth Factors And Opportunities
5.3.2. Market Size And Forecast
188.8.131.52. Market Size And Forecast
184.108.40.206. Market Size And Forecast
220.127.116.11. Market Size And Forecast
18.104.22.168. Market Size And Forecast
22.214.171.124. Market Size And Forecast
5.3.8. Rest Of Europe
126.96.36.199. Market Size And Forecast
5.4.1. Key Market Trends, Growth Factors And Opportunities
5.4.2. Market Size And Forecast
188.8.131.52. Market Size And Forecast
184.108.40.206. Market Size And Forecast
220.127.116.11. Market Size And Forecast
18.104.22.168. Market Size And Forecast
22.214.171.124. Market Size And Forecast
5.4.8. Rest Of Apac
126.96.36.199. Market Size And Forecast
5.5.1. Key Market Trends, Growth Factors And Opportunities
188.8.131.52. Market Size And Forecast
184.108.40.206. Market Size And Forecast
5.5.4. South Africa
220.127.116.11. Market Size And Forecast
5.5.5. Rest Of Lamea
18.104.22.168. Market Size And Forecast
Chapter: 6 Company Profiles
6.1. Arkema Inc.
6.1.1. Company Overview
6.1.2. Operating Business Segments
6.1.3. Business Performance
6.1.4. Key Strategies And Developments
6.2. Bayer Ag
6.2.1. Company Overview
6.2.2. Operating Business Segments
6.2.3. Business Performance
6.2.4. Key Strategies And Developments
6.3. Fisons Plc
6.3.1. Company Overview
6.3.2. Operating Business Segments
6.3.3. Business Performance
6.3.4. Key Strategies And Developments
6.4. Arrow Fine Chemicals
6.4.1. Company Overview
6.4.2. Operating Business Segments
6.4.3. Business Performance
6.4.4. Key Strategies And Developments
6.5. Arch Chemicals Inc.
6.5.1. Company Overview
6.5.2. Operating Business Segments
6.5.3. Business Performance
6.5.4. Key Strategies And Developments
6.6. Nippon Carbide Industries Co. Inc.
6.6.1. Company Overview
6.6.2. Operating Business Segments
6.6.3. Business Performance
6.6.4. Key Strategies And Developments
6.7. Japan Finechem Company, Inc.
6.7.1. Company Overview
6.7.2. Operating Business Segments
6.7.3. Business Performance
6.7.4. Key Strategies And Developments
6.8. Lanxess Ag
6.8.1. Company Overview
6.8.2. Operating Business Segments
6.8.3. Business Performance
6.8.4. Key Strategies And Developments
6.9. Lansdowne Chemicals
6.9.1. Company Overview
6.9.2. Operating Business Segments
6.9.3. Business Performance
6.9.4. Key Strategies And Developments
6.10.1. Company Overview
6.10.2. Operating Business Segments
6.10.3. Business Performance
6.10.4. Key Strategies And Developments
Hydrazine is mainly used during polymerization, for the treatment of water, and as a blowing agent. It is also used in the preparation of gas precursors used in air bags in automobiles. The chemical also finds its application in space vehicles in the form of propellant to reduce the overall concentration of dissolved oxygen and as a rocket fuel.
At present, the global hydrazine market witnesses vivid opportunities due to rise in demand for polymer foams in the industry. Moreover, wide array of applications of hydrazine in a vast range of products such as foamed core pipes, food containers, structural foam, wood grain furniture, and vinyl sheets is another factor anticipated to propel the growth of the market during the forecast period. In addition, rise in need for agrochemicals due to demand for high quality agricultural products especially for food is another key aspect that drives the global hydrazine market.
Hydrazine is expected to register the highest growth in blowing agent (foaming agents) applications owing to rise in use as a reducing agent. Furthermore, as a reducing agent, hydrazine possesses advantages such as higher operating reliability, longer equipment life cycle, energy saving, and maintenance cost reduction. In addition, the increase in use of agrochemicals to increase the crop yield and the demand for improved quality of agricultural products is expected to empower the hydrazine market growth.
Agrochemicals segment accounted for around one-fifth share, in terms of volume, in 2015. In response to the perennial modifications in the agrochemical industry, efficient agrochemicals are currently in high demand across the globe. Thus increase in demand for high tech agricultural solutions along with rise in adoption of modern agricultural techniques involving the use of agrochemicals fuel the demand for hydrazine across the globe.
Key findings of Hydrazine Market:
In terms of value, the agrochemicals segment is projected to be the fastest growing segment during the analysis period.
Asia-Pacific is projected to maintain its lead position throughout 2022 and will grow at a CAGR of 5.0%, in terms of volume.
Blowing agents application segment occupied for approximately one-third of the total market in 2015.
China occupied for around one-fourth of the total Asia-Pacific hydrazine market in 2015.
In terms of value, Korea is expected to grow at the fastest rate and is expected to grow at a CAGR of 8.0% from 2016 to 2022
In 2015, Asia-Pacific and LAMEA collectively accounted for around three-seventh of the total hydrazine market and are expected to continue this trend due to increase in infrastructural development, specifically in China, India, Brazil, and other developing economies. Moreover, rise in urban population demanding thermal power plants is the main reason for the growth of hydrazine market in the Asia-Pacific region.
The major companies profiled in the report include Arkema Inc., Bayer AG, Fisons plc, Arrow Fine Chemicals, Arch Chemicals, Inc., Nippon Carbide Industries Co. Inc., Japan Finechem Company, Inc., Lanxess AG, Lansdowne Chemicals, and Hidkim.
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.