Press release
Hydrazine Hydrate Market Outlook 2024: Polymer and agrochemical applications to drive the industry growth
Hydrazine Hydrate Market growth will be propelled by increasing use of agrochemicals in farming for improving the crop yield & food quality over the coming years. Furthermore, extensive use of hydrazine hydrate to manufacture pesticides as well as fungicides are expected to spur the industry growth. According to Global Market Insights, Inc., “Hydrazine hydrate market value is estimated to hit USD 547 million by 2024.” Global agrochemicals sector is expected to register substantial gains of 6% over the coming seven years, having attained a revenue of USD 70 billion in 2015. Hydrazine hydrate industry size in agrochemicals sector estimated at USD 110 million in 2015, will grow significantly over the coming timeframe.Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/844
Hydrazine hydrate is primarily used as a precursor to blowing agents in polymer foams, which are widely used across construction, furniture, automotive, and packaging sectors. Polymerization & blowing agents sector, which accounted for one-third of the global hydrazine market revenue in 2015, is expected to dominate the application landscape in the near future.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Otsuka-MGC Chemical Company, Inc
2. CECA S.A.
3. Lonza
4. Nippon Carbide Industria Do Brasil
5. Tanshang Chen Hong Industrial Co., Ltd.
6. LANXESS
7. Japan FineChem Co. Inc.
8. Hunan Zhuzhou Chemical Industry Group Co. Ltd.
9. Yibin Tianyuan Group Co., Ltd.
10. Weifang Yaxing Chemical Co., Ltd.
Hydrazine hydrate also finds wide application in wastewater treatment chemicals and pharmaceuticals sectors. Booming wastewater treatment chemicals market is expected to contribute significantly towards hydrazine hydrate industry revenue over the next few years. Rapidly expanding pharmaceuticals sector will also accelerate the industry demand, with hydrazine as a precursor to many pharmaceuticals. It also finds application in tuberculosis treatment and foliar treatment of potatoes.
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Asia Pacific hydrazine hydrate market led the global market in 2015, covering almost 35% of the total volume. High hydrazine hydrates demand in polymer and agrochemical industries is catering the regional market growth. Heavy manufacturing and production base in India, China, and Southwest Asian countries is encouraging the regional market expansion. With blowing agents and polymerization as the prime growing segments, APAC hydrazine hydrate market is slated to record highest growth rate in the next seven years, with a revenue projection of USD 300 million by 2024.
Till late 90’s, the industry was mainly dominated by North American countries. However, following the implementation of stringent regulatory norms by the government in regard to the minimal usage of the product, due to the associated health hazards, North America hydrazine hydrate market had experienced a downfall pertaining to its growth rate.
Table Of Content For This Research Report:
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. Hydrazine hydrate market estimates and forecast, 2013 – 2024
4.2.2. Hydrazine hydrate market estimates and forecast, by region, 2013 – 2024
4.3. Pharmaceuticals
4.3.1. Hydrazine hydrate market estimates and forecast, 2013 – 2024
4.3.2. Hydrazine hydrate market estimates and forecast, by region, 2013 – 2024
4.4. Agrochemicals
4.4.1. Hydrazine hydrate 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
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/hydrazine-hydrate-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
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