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Hydrazine Hydrate Market Potential Growth Opportunities and Competitive Landscape Report to 2031 - Otsuka-MGC Chemical Company Inc., Arkema SA, Weifang Yaxing Chemical Co Ltd., Yibin Tianyuan Group Co. Ltd.

02-23-2023 05:18 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Insight Services

Hydrazine Hydrate Market Potential Growth Opportunities

New York, Global Hydrazine Hydrate Market report from Global Insight Services is the single authoritative source of intelligence on Hydrazine Hydrate Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Hydrazine hydrate is an inorganic compound with the chemical formula N2H4·H2O. It is a colorless, highly corrosive, and flammable liquid. Hydrazine hydrate is used as a rocket propellant and in the production of explosives, plastics, and pharmaceuticals. It is also used as a corrosion inhibitor and in the treatment of boiler water.

Hydrazine hydrate is a strong reducing agent and reacts violently with oxidizing agents. It is also corrosive to metals and tissue. Ingestion of hydrazine hydrate can cause vomiting, diarrhea, and convulsions. Exposure to the vapors can cause irritation of the eyes, nose, and throat. Inhalation of high concentrations of hydrazine hydrate can cause pulmonary edema.

Key Trends

The aerospace industry is the largest end-user of hydrazine hydrate. It is used as a rocket propellant and as a component in aircraft deicing and anti-icing fluids. The demand for hydrazine hydrate from the aerospace industry is expected to grow during the forecast period, owing to the increasing demand for commercial aircraft and the growing demand for space exploration.

The defense sector is the second-largest end-user of hydrazine hydrate. It is used as a propellant in missiles and as a component in aircraft deicing and anti-icing fluids. The demand for hydrazine hydrate from the defense sector is expected to grow during the forecast period, owing to the increasing demand for military aircraft and the growing demand for green propellants.

The market for hydrazine hydrate is expected to be restrained by the stringent regulations regarding the handling and disposal of hydrazine hydrate. Hydrazine hydrate is a highly toxic and corrosive chemical and strict regulations are in place for its handling and disposal. This is expected to hamper the growth of the hydrazine hydrate market during the forecast period.

Key Drivers

The key drivers of the hydrazine hydrate market are the growing demand for agricultural chemicals and the increasing use of hydrazine hydrate as a rocket propellant.

The demand for hydrazine hydrate is also driven by its use as a corrosion inhibitor and a water treatment chemical.

The market is further driven by the growing demand for urea-based fertilizers and the increasing use of hydrazine hydrate as a fuel additive.

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Market Segmentation

The Hydrazine Hydrate Market is segmented by concentration, application, and region. By concentration, the market is classified into 24-35%, 40-55%, 60-85% and 100%. By application, the market is divided into polymerization & blowing agents, water treatment, agrochemicals, pharmaceuticals, and others. By region, the market is segmented into North America, Europe, Asia-Pacific, and rest of the world.

Key Players

The key players in the Hydrazine Hydrate Market are Otsuka-MGC Chemical Company Inc., Arkema SA, Weifang Yaxing Chemical Co Ltd., Yibin Tianyuan Group Co. Ltd., Japan FineChem Company Inc., LANXESS, Nippon Carbide Industries Co Inc., Lonza Group Ltd., HPLA Group, and Hunan Zhuzhou Chemical Industry Group Co. Ltd.

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With Global Insight Services, you receive:

• 10-year forecast to help you make strategic decisions
• In-depth segmentation which can be customized as per your requirements
• Free consultation with lead analyst of the report
• Excel data pack included with all report purchases
• Robust and transparent research methodology

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Global Insight Services LLC
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E-mail: info@globalinsightservices.com
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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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