세계의 히드라진 수화물 시장 예측(2030년) : 농도별, 용도별, 지역별 분석

According to Stratistics MRC, the Global Hydrazine Hydrate Market is accounted for $257.9 million in 2023 and is expected to reach $436.4 million by 2030 growing at a CAGR of 7.8% during the forecast period. The chemical compound hydrate of hydrazine is highly reactive, colourless, and pungent-smelling. It is mostly utilised in water treatment, pharmaceutical manufacturing, and polymerization. It is frequently employed as a foaming agent in the production of polymers. In addition to being utilised as rocket fuel, hydrazine hydrate is also used to make the petrol precursors for automobiles. Additionally, spacecraft employ hydrazine as a propellant to lower the amount of dissolved oxygen in the atmosphere.

According to a recent report published by Central Pollution Control Board (March 2021), India's current water treatment capacity is 27.3%, and the sewage treatment capacity is 18.6%. According to the Ministry of Jal Shakti of the Government of India, in FY 2022, the percentage of the rural population having access to safe and adequate drinking water within premises increased to 61.52% from 55.23% in FY2 021.

Market Dynamics:

Driver:

Increasing hydrazine hydrate use in fuel cells

The demand for hydrazine hydrate-based fuel cells has increased as a result of the growing need to reduce carbon emissions into the atmosphere. This is leading to a marked increase in the demand for hydrazine hydrate and, as a result, is creating enormous market potential for industry participants. Additionally, it is anticipated that the use of hydrazine hydrate as a useful alternative for hydrogen and oxygen in fuel cells will offer market participants lucrative opportunities.

Restraint:

Effects of hydrazine hydrate that is harmful

When kept in an unstable form, hydrazine hydrate is a potent reducing agent, highly reactive, and unstable inorganic chemical molecule that is quite explosive. Additionally, animals have reported experiencing chronic negative consequences from the inhalation of hydrazine hydrate, which include negative effects on the thyroid, liver, spleen, and lungs. Additionally, it is carcinogenic and poisonous, which pose a severe risk to the market's expansion for hydrazine hydrate.

Opportunity:

Increased use of crop protection measures

The need for high yield agriculture is rising as a result of the exponential increase in world population, growing concerns about food security, and a decline in the amount of arable land. As a result, more crop protection measures including fungicides and insecticides are being used. Additionally, hydrazine hydrate can boost plant development, enhance soil quality, and raise crop production. As a result, it is widely employed in many agrochemical applications, which stimulates the industry's expansion.

Threat:

Environmental challenges

Most of the hydrazine hydrate is discharged as water, in lower amounts, into the air and soil. For aquatic species and plant life, it is particularly dangerous due to its carcinogenic qualities. Additionally, hydrazine's breakdown in water may take a while depending on the environment. The correct handling, storage, and disposal of hydrazine hydrate waste, on the other hand, can prevent soil, water, and air contamination. Only a small number of producers consider these factors when producing and using hydrazine hydrate.

COVID-19 Impact:

Due to the scarcity of raw materials and the disruption of the supply chain, COVID-19 had a significant influence on industry growth. After the epidemic, however, the pharmaceutical sector's explosive growth drove industrial expansion. Additionally, producers of foam are being pushed to halt or restrict production operations for non-critical uses. The corona virus outbreak is unlikely to have an impact on the demand for hydrazine hydrate in the pharmaceutical and water treatment industries, though. Any losses incurred during this time are anticipated to be somewhat offset by applications like pharmaceutical intermediates and the demand for potable water.

The 60%-85% segment is expected to be the largest during the forecast period

The 60%-85% segment is estimated to have a lucrative growth. In the production of veterinary pharmaceuticals, chemical synthesis, and polymerization processes, 60%-85% concentration level is typically utilised as an initiator or blowing agent as well as a propellant in emergency power units (EPU) in single-engine aircraft and F16 fighter aircrafts. The market share was dominated by hydrazine hydrate at a concentration of 60%-85%.

The polymerization segment is expected to have the highest CAGR during the forecast period

The polymerization segment is anticipated to witness the fastest CAGR growth during the forecast period. A very reactive and unstable inorganic substance is hydrazine hydrate. It is an odourless substance with a strong scent. In addition, hydrazine hydrate is employed in the production of chemicals for rubber and plastic. The market for hydrazine hydrate is being driven by the rising demand for polymer goods in a variety of end-user sectors, including automotive, electronic device, and footwear.

Region with Largest share:

North America is projected to hold the largest market share during the forecast period owing to the increasing demand for water treatment. Hydrazine hydrate is widely used for water treatment in both the commercial and domestic sectors to purify and improve the quality of water, which is considerably boosting the market's growth. It is used to remove dust particles, pathogens, and disinfectants from the water. In addition, the growing production of numerous medications using hydrazine hydrate in the pharmaceutical sector is fueling the expansion of the sector.

Region with highest CAGR:

Asia Pacific is projected to have the highest CAGR over the forecast period, owing to the rising demand for hydrazine hydrate in various industries. Hydrazine derivatives are used in the manufacture of blowing agents and polymerization initiators in the plastics industry. Additionally, the possibility of creating polymers with these compounds is being researched. Additionally, the demand for polymer foams is rising due to the rapid growth of the construction, automotive, and packaging industries, which is subsequently accelerating the growth of the market.

Key players in the market:

Some of the key players profiled in the Hydrazine Hydrate Market include: GFS Chemicals Inc., Bayer AG, Mil-Spec Industries, Inc., Arrow Fine Chemicals, Fison, Sandrine Corporation, Lansdowne Chemicals Plc, Haviland USA, Chemtex Specialty Limited., Palm Commodities International, LLC, Charkit Chemical Company LLC, Arkema, Spectrum Chemical, Japan Finechem Inc., Chemicals Incorporated, Nippon Carbide Industries Co.,, BOC Sciences, Capot Chemical Co. Ltd, Lonza Group Ltd. and Layson Bio, Inc.

Key Developments:

• In June 2023, LBB Specialties announces partnership with Verdant Specialty Solutions. Specialty chemical and ingredients distributor LBB Specialties will 'exclusively represent Verdant's Personal Care portfolio' in the mutually beneficial principal partnership.

• In March 2023, Arkema outlines a new collaborative approach to sustainability at 2023 European Coatings Show. Arkema is hosting on its own booth a leadership panel entitled "Sustainability and Market Transformation" where they will be joined by industry leaders Perstorp, PPG, the European Association of Chemical Distributors and OMYA, with their most talented experts in the field of sustainability.

Concentration Levels Covered:

• 24%-35%
• 40%-55%
• 60%-85%
• 100%

Applications Covered:

• Pharmaceuticals
• Agrochemicals
• Water treatment
• Polymerization
• Blowing Agents
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Hydrazine Hydrate Market, By Concentration Level

• 5.1 Introduction
• 5.2 24%-35%
• 5.3 40%-55%
• 5.4 60%-85%
• 5.5 100%

6 Global Hydrazine Hydrate Market, By Application

• 6.1 Introduction
• 6.2 Pharmaceuticals
• 6.3 Agrochemicals
• 6.4 Water treatment
• 6.5 Polymerization
• 6.6 Blowing Agents
• 6.7 Other Applications

7 Global Hydrazine Hydrate Market, By Geography

• 7.1 Introduction
• 7.2 North America
  • 7.2.1 US
  • 7.2.2 Canada
  • 7.2.3 Mexico
• 7.3 Europe
  • 7.3.1 Germany
  • 7.3.2 UK
  • 7.3.3 Italy
  • 7.3.4 France
  • 7.3.5 Spain
  • 7.3.6 Rest of Europe
• 7.4 Asia Pacific
  • 7.4.1 Japan
  • 7.4.2 China
  • 7.4.3 India
  • 7.4.4 Australia
  • 7.4.5 New Zealand
  • 7.4.6 South Korea
  • 7.4.7 Rest of Asia Pacific
• 7.5 South America
  • 7.5.1 Argentina
  • 7.5.2 Brazil
  • 7.5.3 Chile
  • 7.5.4 Rest of South America
• 7.6 Middle East & Africa
  • 7.6.1 Saudi Arabia
  • 7.6.2 UAE
  • 7.6.3 Qatar
  • 7.6.4 South Africa
  • 7.6.5 Rest of Middle East & Africa

8 Key Developments

• 8.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 8.2 Acquisitions & Mergers
• 8.3 New Product Launch
• 8.4 Expansions
• 8.5 Other Key Strategies

9 Company Profiling

• 9.1 GFS Chemicals Inc.
• 9.2 Bayer AG
• 9.3 Mil-Spec Industries, Inc.
• 9.4 Arrow Fine Chemicals
• 9.5 Fison
• 9.6 Sandrine Corporation
• 9.7 Lansdowne Chemicals Plc
• 9.8 Haviland USA
• 9.9 Chemtex Specialty Limited.
• 9.10 Palm Commodities International, LLC
• 9.11 Charkit Chemical Company LLC
• 9.12 Arkema
• 9.13 Spectrum Chemical
• 9.14 Japan Finechem Inc.
• 9.15 Chemicals Incorporated
• 9.16 Nippon Carbide Industries Co.,
• 9.17 BOC Sciences
• 9.18 Capot Chemical Co. Ltd
• 9.19 Lonza Group Ltd.
• 9.20 Layson Bio, Inc.