The global demand for Hydrazine Market is presumed to reach the market size of nearly USD 10.82 BN by 2028 from USD 2.4 BN in 2021 with a CAGR of 24% under the study period 2022 - 2028.
Hydrazine is a chemical compound with the molecular formula N2H4. It is a colorless, water-soluble liquid with an ammonia-like odor. Hydrazine is used in rocket fuel, as an agricultural herbicide, and as a reducing agent in metal refining. Hydrazine is used as a source of nitrogen in rocket fuels and as a reducing agent in metal refining. It was also largely replaced by free ammonia (NH) in the production of fertilizers. Hydrazine was first synthesized by the French chemist Henri Victor Regnault in 1864 by the reaction of sodium amide with ammonium chloride and mercury(II) chloride.
Market Dynamics
The global hydrazine market has been showing a significant growth in recent years due to the increasing demand for hydrazine in the aerospace industry. The aerospace industry has been one of the major end-users of hydrazine, accounting for more than 50% of the total demand for hydrazine globally. The increasing use of hydrazine in aerospace applications such as rocket fuel and aircraft deicing fluids has led to increased demand for this product in recent years. The market is further driven by increasing demand for hydrazine in the petroleum industry and increasing demand for hydrazine as a chemical raw material in the consumer industries, such as cosmetics and fragrances. However, there are some restraints that are hindering the growth of this market such as stringent regulations on its use due to its toxic effects.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of hydrazine. The growth and trends of hydrazine industry provide a holistic approach to this study.
Market Segmentation
This section of the hydrazine market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- 100% Hydrazine Hydrate
- 80% -100% Hydrazine Hydrate
- 80% Hydrazine Hydrate
By Application
- Blowing Agents
- Pharmaceutical And Agricultural Chemicals
- Water Treatment
- Other
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Hydrazine market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Hydrazine Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the hydrazine market include Tianyuan Group, Otsuka-MGC Chemical, Chongqing Chemical & Pharmaceutical, Risheng Shiye, Lanxess, Arkema, Arch Chemicals Material (Lonza), Yaxing Chemical, HPL Additives. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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