Hydrazine Hydrate Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

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Hydrazine Hydrate Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

Status : March, 2020 | Chemical & Materials | PPT format

Report Digest


Global Hydrazine Hydrate Market: Overview

Due to wide-ranging chemical properties, hydrazine hydrate finds application in numerous end-use industries. It is an inorganic compound that is manufactured commercially by using three production processes such as Bayer-Ketazine process, Olin-Raschig process, and Peroxide process. Hydrazine hydrate is used as a key blowing agent in the polymer industry. It has an odor similar to ammonia and is typically colorless. The exposure to hydrazine hydrate is restricted to some extent due to its toxic nature.

Global Hydrazine Hydrate Market: Key Trends

The global hydrazine hydrate market is primarily driven by the growing demand for polymer foams in the polymer industry and is expected to have a great impact on the market during the forecast period. Food containers, vinyl sheets, structural foam wood grain furniture, and foamed core pipes find extensive usage of hydrazine hydrate, thus propelling the market growth.

The need for better quality agricultural food products will raise the demand for agrochemicals. Due to its chemical nature, hydrazine hydrate is widely used in the manufacturing of several insecticides, pesticides, and fungicides, thereby positively impacting the market growth.

Various environmental and industry usage norms have put a restriction on the usage of hydrazine hydrate due to its toxic nature. Carcinogenic properties of hydrazine hydrate will exacerbate the demand further.  

Global Hydrazine Hydrate Market: Market Potential

Hydrazine hydrate finds extensive application in the agriculture industry due to its extensive range of chemical properties. Agro-chemicals worth US$4.1 billion may go off patent by 2020, thereby opening doors for many industry players. Several Indian agro-chemical companies are preparing to introduce new products in the market that will double up the profits of the agro-chemicals market, in turn aiding the growth of the hydrazine hydrate market.

Hydrazine hydrate’s seamless characteristics can also be applied in satellites. Though toxic in nature, hydrazine hydrate was recently used in the Sentinel-2B satellite. In a particularly delicate operation, one of the most recent tasks was to fuel the satellite with hydrazine. Being extremely toxic, only a few specialists wearing ‘scape’ suits remain in the cleanroom to fill 133 kg of hydrazine and the task was successfully carried out.

Global Hydrazine Hydrate Market: Regional Outlook

Geographically, the Asia Pacific region is expected to hold a significant share in the global market, and will be leading during the forecast period as well. Its dominance over the said market can be mainly attributed to the escalating demand for hydrazine hydrate in polymer and agrochemical industries, especially in China, India, and certain Southeast Asian countries.

Until the late 1990s, the global market for hydrazine hydrate was led by North America, but strict regulation norms were implemented due to health hazards and experimental trials on rodents, which invariably had a negative impact on the regional market.

Global Hydrazine Hydrate Market: Competitive Analysis

The prominent players in the global hydrazine hydrate market include Otsuka-MGC Chemical Company, Japan Fine Chemical Inc., Arkema SA, Weifang and LANXESS, Yibin Tianyuan Group Co. Ltd., Tanshang Chen Hong Industrial Co., Ltd., Nippon Carbide Industries Co. Inc., Lonza Group Limited, YAXING Chemical Co Ltd., and Hunan Zhuzhou Chemical Industry Group Company Ltd.

The global hydrazine hydrate market is moderately consolidated with leading players accounting for more than 50% of the global market in 2015. The market is expected to score healthy growth during the forecast period due to heavy demand for polymer products and corporate mergers.

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.

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