Press release
Hydrazine hydrate Market Top Key Industry Players: Otsuka-MGC, Yibin Tianyuan, Arkema SA, Lonza Group, Weifang YAXING Chemical, LANXESS, Tanshang Chen Hong, Japan Fine-Chem, Nippon Carbide, Hunan Zhuzhou Group
Hydrazine Hydrate Market
Since the product is toxic in nature, there are some health hazards associated with the product, which can hamper the product market.
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Key insights from the report include:
• Global hydrazine hydrate market size is expected to reach USD 547.6 million by 2024, with estimated gains of 4.9% CAGR.
• Polymerization and blowing agents registered over USD 130 million in 2015. The segment will exhibit the fastest growth among other end-users. This growth is on the account of rising demand of polymers in other industries including construction and automobile industries.
• Agrochemicals is the second largest segment that will drive global growth. In 2015, it had revenue of more than USD 110 million and will have a steady growth throughout the forecast timeframe.
• Asia Pacific accounted for the highest demand in 2015 with more than 35% of the global market share. This domination is a result of the global shift of the application sector to this region due to strict regulations in North America and Europe. Also, increasing demand of the emerging nations such as China and India will catalyst the market growth in this region.
• APAC will have the fastest growth in the forecast period and is anticipated to cross USD 300 million in 2024 with polymerization and blowing agents as the fastest growing segment with a CAGR of more than 5.5%.
• U.S. hydrazine hydrate market size is anticipated to reach a total revenue of close to USD 75 million in 2024.
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Chapter 4. Hydrazine Hydrate Industry End-User Insights
4.1. Global hydrazine hydrate market share by end-user, 2015 & 2024
4.2. Water treatment
4.2.1. Market estimates and forecast, 2013 - 2024
4.2.2. Market estimates and forecast, by region, 2013 – 2024
4.3. Pharmaceuticals
4.3.1. Market estimates and forecast, 2013 - 2024
4.3.2. Market estimates and forecast, by region, 2013 - 2024
4.4. Agrochemicals
4.4.1. Market estimates and forecast, 2013 - 2024
4.4.2. Market estimates and forecast, by region, 2013 – 2024
4.5. Polymerization & blowing agents
4.5.1. Market estimates and forecast, 2013 - 2024
4.5.2. Market estimates and forecast, by region, 2013 – 2024
4.6. Others
4.6.1. Market estimates and forecast, 2013 - 2024
4.6.2. Market estimates and forecast, by region, 2013 – 2024
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The product market is relatively consolidated with the top four players registering more than half of the overall market share. The key competitors include Arkema SA, Otsuka-MGC Chemical Company, Inc., Lonza Group Ltd., Yibin Tianyuan Group Co., Ltd., Tanshang Chen Hong Industrial Co., Ltd., LANXESS, Hunan Zhuzhou Chemical Industry Group Co. Ltd., Weifang Yaxing Chemical Co., Ltd., Japan FineChem Co. Inc., Nippon Carbide Industries Co., Inc., etc.
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