Sodium Cyanide Market | Key players: Cyanco, E. I. DuPont, Australian Gold Reagents, Orica, Evonik, Taekwang Industrial, Tongsuh Petrochemical, Anhui Shuguang Chemical, Korund, Yingkou Sanzheng, Sasol Polymers, Unique Chemical, Tiande Chemical, Lukoil, He

The International Cyanide Management Code for the Manufacture, Transport and Use of Cyanide in the Production of Gold, also referred to as the Cyanide Code, is a voluntary program designed to assist the global gold mining industry. It also helps the producers and transporters of cyanide used in gold mining in improving cyanide management practices, and to publicly demonstrate their compliance with the Cyanide Code through an independent and transparent process.

Asia Pacific accounted for a significant market share in the global sodium cyanide market in 2017, owing to increasing mining activities in the region. For instance, according to U.S. Geological Survey 2013, China was the leading mined-gold-producing country in the world and gold production in the country was expected to increase 2.5%, annually.

Download PDF Brochure of this Report @ https://www.coherentmarketinsights.com/insight/request-pdf/583

The National Industrial Chemicals Notification and Assessment Scheme (NICNAS) has assessed the environmental risks of NaCN and made recommendations for reducing the risks from its transport and use in mining. Moreover, numerous regulations with respect to use of NaCN are hampering the market growth. Transport of NaCN should be conducted according to the requirements specified in the Australian Code for the Transport of Dangerous Goods by Road and Rail (7th edition - ADG7) and the associated State/Territory legislation that gives it effect.

The global sodium cyanide market was pegged at 1100 kilo tons in 2017, and is expected to register a CAGR of 6.1% in terms of volume over the forecast period (2018 – 2026), to reach 2000 kilo tons by 2026.

key players in the market are focused adopting expansion strategies in order to enhance their market share. For instance, in 2017, CyPlus IDESA stated a sodium cyanide production plant in Mexico, which has a production capacity of 40 kilo tons per year.

Major players operating in the global sodium cyanide market include, Cyanco, E. I. DuPont, Australian Gold Reagents, Orica, Evonik, Taekwang Industrial, Tongsuh Petrochemical, Anhui Shuguang Chemical, Korund, Yingkou Sanzheng, Sasol Polymers, Unique Chemical, Tiande Chemical, Lukoil, Hebei Chengxin, Sinopec, and DSM.

Request for Customization of this Report @ https://www.coherentmarketinsights.com/insight/request-customization/583

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

This release was published on openPR.