Press release
Hydrazine hydrates Market is expected to reach USD 531.1 million by 2022 | Key players are Arkema SA, Otsuka-MGC Chemical Company Inc., Weifang Yaxing Chemical Co Ltd., Lonza Group Ltd., TanshangChenhong Industrial Co Ltd.
According to the research report, the global hydrazine hydrate market Size is projected to reach USD 531.1 Million by 2022, at a CAGR of 5.5% from 2017 to 2022.
Hydrazine Hydrate Market Overview:
Hydrazine hydrate is an inorganic compound used in several end-user industries due to its wide range of chemical properties. The commercial manufacturing processes of this hydrazine hydrates use various raw materials such as ammonia, hydrogen peroxide, sodium hypochlorite and acetone, as well as catalysts. It is used mainly in the polymer industry as a foaming agent. It is expected that the application of hydrazine hydrate in the polymer industry will play an important role in the boom of the market in the next eight years. In addition, it is also expected that the application of this compound in agrochemical and pharmaceutical products for the manufacture of intermediate products will improve the demand for the market during the forecast period.
Browse details of 152 numbers of pages research report developed on Hydrazine Hydrate Market @ https://www.researchcosmos.com/reports/global-hydrazine-hydrate-market-analysis-and-forecast-to-2022-growth-opportunity-assessment/5767150
Hydrazine Hydrate Market Drivers and Restraints:
It is expected that the increasing demand for hydrazine hydrate and its derivatives from the polymer industry, water treatment and agrochemicals for intermediaries will guide the global hydrazine hydrate market in coming years. The potential application in fuel cells to replace the Hydrogen is an opportunity for the hydrazine hydrate market in the next few years. However, it is likely that environmental concerns, as well as the potentially carcinogenic nature of this chemical could slow down market growth.
Hydrazine Hydrate Market Regional Analysis:
The global hydrazine market is analyzed according to four regions: North America, Europe, Asia-Pacific and LAMEA. The Asia-Pacific region accounted for more than 35% of total revenues in 2015, followed by North America and Europe. Developing countries in the Asia-Pacific region are expected to record stable growth rates as a result of the intensified development of agrochemicals and water treatment applications. In addition, the increase in government investment in thermal power plants is another key aspect of the growth of the Asia-Pacific market.
Ask Free Sample of the report @ https://www.researchcosmos.com/request/global-hydrazine-hydrate-market-analysis-and-forecast-to-2022-growth-opportunity-assessment/5767150
Hydrazine Hydrate Market Key Players:
Arkema SA, Otsuka-MGC Chemical Company Inc., Weifang Yaxing Chemical Co Ltd., Lonza Group Ltd., TanshangChenhong Industrial Co Ltd., Nippon Carbide Industries Co Inc., Japan FineChem Inc., LANXESS, Hunan Zhuzhou Chemical Industry Group Co. Ltd
Hydrazine Hydrate Market Segmentation
By Concentration level
• 24%-35%
• 40%-55%
• 60%-85%
• 100%
By Application
• Polymerization & Blowing Agents
• Agrochemicals
• Water Treatment
• Pharmaceuticals
• Other Applications
By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
For any queries, inquire more @ https://www.researchcosmos.com/inquire/global-hydrazine-hydrate-market-analysis-and-forecast-to-2022-growth-opportunity-assessment/5767150
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www.researchcosmos.com
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