Hydrazine Hydrate Market by Concentration Level (24%-35%, 40%-55%, 60%-85%, and 100%), Application (Polymerization & Blowing Agents, Agrochemicals, Water Treatment, Pharmaceuticals), and Region - Global Forecast to 2022

Published: September 2017
No. of Pages: 159
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“Hydrazine hydrate market to grow at a CAGR of 5.5% (2017-2022)”

The global hydrazine hydrate market is projected to reach USD 531.1 million by 2022, at a CAGR of 5.5% between 2017 and 2022. Rising demand for polymer foams in the polymer industry and growing use of hydrazine hydrate in the agrochemical industry act as the key driving factors influencing the growth of the global hydrazine hydrate market. However, toxic and carcinogenic properties may affect the demand for hydrazine hydrate in various applications, and this might act as a restraint to the growth of the market.

“Polymerization & blowing agents is expected to be the fastest-growing application segment during the forecast period”

Polymerization & blowing agents is estimated to be the fastest-growing application segment in the global hydrazine hydrate market during the forecast period, in terms of value and volume. In polymerization & blowing agents application, hydrazine hydrate is used in manufacturing of plastics and rubber chemicals. Derivatives of hydrazine hydrates such as azobisisobutyronitrile and azodicarbonamide are used as polymerization initiators and low temperature blowing agents.

In addition, rapidly increasing demand for blowing agents in the polymer industry is leading to an increasing demand for hydrazine hydrate and its derivatives. The use of hydrazine hydrate in various products such as vinyl sheets, food containers, structural foam, foamed core pipes, and wood grain furniture is also expected to propel the growth of hydrazine hydrate in polymerization & blowing agents application segment.

“Asia Pacific expected to be the largest and fastest-growing market for hydrazine hydrate”

Asia Pacific is projected to be the largest as well as the fastest-growing market for hydrazine hydrate. The hydrazine hydrate market in this region is expected to register the highest growth, owing to the high demand for hydrazine hydrate from countries, such as China, Japan, South Korea, and India. China is estimated to be the largest market for hydrazine hydrate in Asia Pacific, followed by Japan and South Korea. However, India and Indonesia are projected to be the fastest-growing markets for hydrazine hydrate in Asia Pacific. Growth of prominent industries such as agrochemicals, plastics, water treatment, and manufacturing has increased the demand for hydrazine hydrate in this region.

Extensive primary interviews were conducted to determine and verify the market size for several segments and subsegments gathered through secondary research.

The break-up of primary interviews is given below.

  • By Company Type: Tier 1 – 50%, Tier 2 – 37%, and Others – 13%
  • By Designation: C Level – 46%, Director Level – 31%, and Others – 23%
  • By Region: North America – 33%, Europe – 28%, Asia Pacific – 22%,South America– 11%, and Middle East & Africa – 6%

The companies profiled in this market research report are Arkema, LANXESS, Lonza, Otsuka-MGC Chemical Company, Yaxing Chemical, Yibin Tianyuan Group, HPLA Group, and Hunan Zhuzhou Chemical Group.

Research Coverage:

This research report categorizes the global hydrazine hydrate market on the basis of concentration level, application, and region. The report includes detailed information regarding major factors influencing the growth of the global hydrazine hydrate market, such as drivers, restraints, challenges, and opportunities. A detailed analysis of key industry players has been done to provide insights on business overviews, products & services, key strategies, investments & expansions, mergers & acquisitions, and other recent developments associated with the market.

Reasons to Buy the Report:

The report will help market leaders/new entrants in this market in the following ways:

  • This report segments the global hydrazine hydrate market comprehensively and provides the closest approximations of market sizes for the overall market and its subsegments across regions.
  • The report will help stakeholders understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities.
  • This report will also help stakeholders understand major competitors and gain insights to enhance their competitive positions in the market. The competitive landscape section includes major industry players from all the regions contributing to the market. The landscape consists of top 16 companies ranked and grouped based on their competency parameters such as breadth and depth of product offering, product features and functionality, geographic footprint, and effectiveness of growth strategy.

Published By: MarketsandMarkets
Product Code: MarketsandMarkets1048

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