#Sodium Cyanide Market Value

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Sodium Cyanide Market Value Report Forecast 2022-2030

Sodium Cyanide (CAS 143-33-9) is a chemical compound that is used in a variety of industrial applications. It is a white, crystalline solid that is highly soluble in water. Sodium cyanide is used as a fumigant, herbicide, and insecticide. It is also used in the production of plastics, adhesives, and detergents. Sodium cyanide is toxic to humans and animals if ingested or inhaled.

Due to the COVID-19 pandemic, the global sodium cyanide market size is estimated to be worth US$ 2,376.9 million in 2022 and is forecast to a readjusted size of US$ 3,173.9 million by 2028 with a CAGR of 4.94% during the forecast period 2022-2028.

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The main drivers of growth for the Sodium Cyanide market are the increasing demand from the mining industry and the growing use of Sodium Cyanide in chemical manufacturing.

Fully considering the economic change by this health crisis, solid sodium cyanide accounting for 74.28% of the sodium cyanide global market in 2021, is projected to value US$ 2,474.1 million by 2028, growing at a revised 5.59% CAGR from 2022 to 2028. While mining industry segment consumption volume is altered to a 2.70 % CAGR throughout this forecast period.

Market Segmentation:

The global sodium cyanide market is segmented based on type, application, and geography.

The market for sodium cyanide is divided into two types: solid and liquid. Solid sodium cyanide is the most common type used in mining applications. It is a white, powdery substance that is highly toxic. Liquid sodium cyanide is less common, but it can be used in certain industrial applications.

The global sodium cyanide market is also segmented by application. The major applications of sodium cyanide are in mining and chemical manufacturing. In mining, it is used to extract gold and other precious metals from ore. In chemical manufacturing, it is used to make organic and inorganic chemicals.

Geographically, China sodium cyanide market size was US$ 768.5 million in 2021, while North America was US$ 431.3 million. The proportion of the China was 35.95% in 2021, while North America's percentage was 20.18%, and it is predicted that China market share will reach 38.33% in 2028, trailing a CAGR of 5.64 % through the analysis period. As for the Asia, the notable markets are Australia and South Korea, CAGR is 5.76% and 2.67% respectively for the next 6-year period. 

Market Dynamics

Among end user, the mining industry segment is witnessing significant market share in the market. Increasing mining activities worldwide has led to high consumption of sodium cyanide for extraction of gold and other precious metals. For instance, according to Indian Minerals Yearbook 2021, the index of mineral production for all minerals in India (excluding atomic minerals stood at 132.2 points in 2016-17 registering an increase of 2.2% over that 2015-2016.

Asia Pacific accounted for a significant market share in 2021, owing to substantial demand for sodium cynide from gold and silver mining industry in the region. Accroding to the U.S. Geological Survey 2013, production of mined gold in Asia Pacific accounted for around 31% of the worldwide production in 2013. Moroever, China was the leading producer of mined gold in the region, followed by Australia, Indonesia, and Papua New Guinea.

By Company

The global major manufacturers of Sodium Cyanide include Cyanco, Chemours, Orica, Australian Gold Reagent, Hebei Chengxin, Anhui Shuguang Chemical Group, Tongsuh Petrochemical, Taekwang Industrial, and Tiande Chemical, etc. In terms of revenue, the global three largest players hold a 29.80% market share of Sodium Cyanide in 2021.

Cyanco

Chemours

Orica

Australian Gold Reagent

Hebei Chengxin

Anhui Shuguang Chemical Group

Tongsuh Petrochemical

Taekwang Industrial

Tiande Chemical

Lukoil

CyPlus (Evonik)

Korund Group

Yingkou Sanzheng

Jincheng Hongsheng Chemical

Changsha Hekang Chemical

Nippon Soda

Unigel

Sasol Polymers

Imperial Chemical Corporation

Union Group Chemical

Segment by Type

Liquid Sodium Cyanide

Solid Sodium Cyanide

Segment by Application

Mining Industry

Chemical Industry

Electroplating

Others

Production by Region

China

North America

Australia

South Korea

Europe

Consumption by Region

North America

United States

Canada

Asia-Pacific

China

Japan

South Korea

India

Australia

Malaysia

Philippines

Myanmar

Rest of Asia Pacific

Europe

Germany

France

U.K.

Italy

Russia

Rest of Europe

South America

Mexico

Brazil

Rest of South America

Middle East & Africa

Turkey

West Africa

South Africa

Rest of Middle East & Africa

Drivers and Restrains:

The research report has incorporated the analysis of different factors that augment the market's growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert's opinions have been taken to understand the market better.

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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Assess the production processes, major issues, and solutions to mitigate the development risk.

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To understand the future outlook and prospects for the market.

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Sodium Thiocyanate Prices | Pricing | Trend | News | Database | Chart | Forecast

 Sodium Thiocyanate Prices is a compound used in various industrial applications, including as a reagent in chemical analysis, in the production of pharmaceuticals, and in agriculture as a herbicide. Its price is influenced by a range of factors, including production costs, supply and demand dynamics, and global market conditions. Understanding sodium thiocyanate prices requires a look into these elements, as well as an awareness of the broader chemical industry trends that can impact costs.

The production of sodium thiocyanate involves the reaction of sodium cyanide with sulfur, which can be an expensive process due to the costs of raw materials and energy. Fluctuations in the prices of these inputs directly affect the final price of sodium thiocyanate. For instance, if the price of sodium cyanide increases due to supply constraints or geopolitical issues, the cost of producing sodium thiocyanate will likely rise as well. Similarly, any disruptions in the supply of sulfur can lead to higher production costs and, consequently, higher prices for sodium thiocyanate.

Demand for sodium thiocyanate is another crucial factor influencing its price. This compound is used in a variety of industries, including the textile, pharmaceutical, and agricultural sectors. Changes in demand within these industries can lead to fluctuations in sodium thiocyanate prices. For example, a surge in demand for pharmaceuticals that use sodium thiocyanate as a precursor may drive up prices. Conversely, a decrease in demand from a major sector can lead to lower prices. Additionally, the introduction of new technologies or alternative products that reduce the reliance on sodium thiocyanate can also impact its market value.

Global market conditions play a significant role in shaping sodium thiocyanate prices. Trade policies, tariffs, and international supply chain issues can all affect the cost of sodium thiocyanate. For instance, if major producing countries impose export restrictions or tariffs, the price of sodium thiocyanate can rise due to decreased availability in the global market. On the other hand, favorable trade agreements and increased production capabilities in emerging markets can lead to lower prices.

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Economic factors such as inflation and currency exchange rates also impact sodium thiocyanate prices. When inflation rates are high, the cost of raw materials and production processes tends to increase, which can lead to higher prices for sodium thiocyanate. Additionally, fluctuations in currency exchange rates can affect the cost of imported raw materials and the competitiveness of sodium thiocyanate in the global market. For example, if the currency of a major producing country strengthens against other currencies, the price of sodium thiocyanate in international markets might rise, making it more expensive for buyers outside that country.

In addition to these factors, the cost of transportation and logistics plays a role in sodium thiocyanate pricing. The compound's bulkiness and the need for specialized handling can lead to significant transportation costs, which are often passed on to consumers. Any disruptions in transportation networks, such as strikes or natural disasters, can further impact prices by delaying shipments and increasing costs.

The competitive landscape of the sodium thiocyanate market also affects pricing. Companies operating in this sector must navigate competition from both established players and new entrants. Price wars and strategic pricing decisions can lead to fluctuations in sodium thiocyanate prices. Moreover, companies that innovate in production processes or offer value-added services may influence market prices through their competitive strategies.

Understanding sodium thiocyanate prices requires a comprehensive view of the many interconnected factors that influence its cost. From production and raw material costs to global market conditions and economic factors, each element plays a role in determining the final price of this important compound. As industries continue to evolve and market dynamics shift, staying informed about these factors can help stakeholders make better decisions regarding sodium thiocyanate purchases and investments.

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Insights into the Competitive Landscape of the Sodium Cyanide Market

The global Sodium cyanide Market is estimated to be valued at US$ 345 Mn in 2023 and is expected to exhibit a CAGR of 5.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity:

The opportunity for reducing operational costs through automation is expected to drive the adoption of solar panel cleaning robots. Using robots for routine cleaning needs allows solar farms to cut down on maintenance costs associated with personnel wages and ensure optimal performance of their systems throughout the year. Solar panel cleaning robots can clean large plants efficiently while minimizing disruption to operations. Their consistent cleaning schedules help solar farms lower costs and maximize profitability over the lifecycle of solar assets. Porter’s Analysis

Threat of new entrants: The sodium cyanide market requires large capital investments and presence of existing global players makes it difficult for new players to enter. However, there are low switching costs for buyers.

Bargaining power of buyers: The global sodium cyanide market has large buyers from gold mining and other industries. This enables buyers to negotiate lower prices.

Bargaining power of suppliers: Suppliers have moderate bargaining power due to limited global suppliers and need for technical expertise in manufacturing sodium cyanide.

Threat of new substitutes: There are limited product substitutes for sodium cyanide used in gold mining and other industries currently.

Competitive rivalry: The global market is dominated by few large players intensifying competition.

SWOT Analysis

Strength: Sodium cyanide is an efficient and cost-effective industrial chemical with wide applications in gold mining and other industries. The large established players have technical expertise and economies of scale.

Weakness: Sodium cyanide is highly toxic in nature and requires strict safety and environmental standards during manufacturing and transportation which increases costs. It also faces political and environmental opposition in some regions.

Opportunity: Growing gold mining especially in regions like Asia Pacific provides market expansion opportunities. Increase in mining activities of other metals also supports growth.

Threats: Stringent environmental regulations and opposition from environmental groups pose major threats. Volatility in gold prices impacts demand.

Key Takeaways

The global sodium cyanide market is expected to witness high growth over the forecast period supported by growing gold mining activities especially in Asia Pacific and Latin America. The Asia Pacific region dominates the global market currently owing to large gold mining industries in countries like China, Indonesia and the Philippines. Key regional markets include China, U.S, South Africa and Australia. Key players operating in the sodium cyanide market are Cyanco corporation ,E. I. du Pont de Nemours and Company, Australian Gold Reagents, Orica Limited, Evonik Industries AG, Taekwang Industrial, Tongsuh Petrochemical, Anhui Shuguang Chemical, Unique Chemical. Cyanco corporation and DuPont are the largest manufacturers globally. The market is consolidating with large players increasing capacities through mergers and acquisitions. Investment in research and development for developing safer and more environment-friendly production technologies will be crucial for long term growth.

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Sodium Thiosulphate Market Scope, Growth, Insight

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated global sodium thiosulphate market size at USD 104.75 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects global sodium thiosulphate market size to grow at a significant CAGR of 6.1% reaching a value of USD 158.02 million by 2029. Major growth factors for global sodium thiosulphate market include increasing product demand in the healthcare and medical industries, growing healthcare and medical sector and advancements in these sectors. Similarly, the rising prevalence of chronic kidney failure illnesses, particularly calciphylaxis, is expected to drive demand for sodium thiosulphate. According to reputable estimates, calciphylaxis affects 1% to 4.5% of dialysis patients, with the majority of patients being diabetic, obese, or suffering from chronic liver disease. For the treatment of calciphylaxis, sodium thiosulphate serves as an antioxidant and calcium chelating agent. Also, developing mining operations in various regions, such as North America and Asia Pacific are paving the way for the sodium thiosulphate market in the coming years. According to Gold.org, global gold mining contributes around 2,500 to 3,000 tons of gold to the total above-ground supply of gold each year. Therefore, these factors are expected to boost the expansion of global sodium thiosulphate market during the period in analysis. However, increasing cost of the raw materials is anticipated to restrain the market growth.

Global Sodium Thiosulphate Market – Overview

Sodium thiosulphate is a colorless inorganic sodium salt that dissolves readily in water. It is made up of sodium and thiosulfate ions in a 2:1 ratio. It is used in the treatment of photographic paper and films. Prior to discharge into the environment, sodium thiosulphate liquid is employed to de-chlorinate ballast waters. The increasing use of sodium thiosulphate for heavy metal removal from industrial wastewater is estimated to drive the global sodium thiosulphate market size during the forecast period. Rising demand for sodium thiosulphate from the healthcare sector for the creation of antidotes used to treat cyanide poisoning contributes to market expansion. Sodium thiosulphate is widely used in gold extraction. This compound is also employed as a cyanide replacement lixiviant. In iodometry, sodium thiosulphate is employed as a measurement agent for oxygen in water for approximating substances such as hydrogen peroxide. This is expected to boost the sodium thiosulphate market overall throughout the forecast period. Consumers' growing worry about their health is expected to benefit the whole market during the next seven years. Another key end-use business is water treatment. It is used to reduce chlorine levels and to treat settled backwash water in swimming pools, spas, and aquarium.

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Global Sodium Thiosulphate Market – By Application

Based on application, global sodium thiosulphate market is divided into Medical, Photographic Processing, Iodometry, Gold Extraction, and Water Treatment segments. The water treatment segment held the highest market share. Sodium thiosulphate neutralizes chlorine, avoiding additional bactericidal effects on organisms in transit water. It also forms soluble complexes with heavy metals like lead, mercury, arsenic, and cadmium, making it easier to remove them from industrial waste effluents. Heavy metals are carcinogens, which can destroy the lungs, liver, kidneys, and other important organs. As a result, rising health concerns and demand for freshwater drive the sodium thiosulphate industry forward. According to the Organization for Economic Cooperation and Development (OECD), worldwide freshwater consumption is expected to rise by 55% between 2000 and 2050. It, in turn, is expected to boost the growth of the water treatment segment.

Competitive Landscape

Major players operating in global sodium thiosulphate market include Esseco SRL, Galactic, Allan Chemical Corporation, Samirian Chemicals Inc., Noah Chemicals, Dastech, INEOS, DBWINC, Southern Ionics Incorporated, Skyhawk Chemicals, Inc., Liyang Qingfeng Fine chemical Co. Ltd, Changsha weichuang chemical Co. Ltd, and Haimen Wuyang Chemical Industry Co. Ltd. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

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Sodium cyanide market for mining industry is expected to surpass the valuation of US$ 1.8 Bn by 2027

The global Sodium Cyanide market is estimated to attain a valuation of US$ 1.8 Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4% during the forecast period,  2020-2027.

The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the Sodium Cyanide industry. The current and historical status of the market together with forecasted market size and trends are demonstrated in the assessment in simple manner. In addition, the report delivers data on the volume, share, revenue, production, and sales in the market.

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The report by TMR is the end-product of a study performed using different methodologies including the PESTEL, PORTER, and SWOT analysis. The study with the help of these models shed light on the key financial considerations that players in the Sodium Cyanide market need to focus on identifying competition and formulate their marketing strategies for both consumer and industrial markets. The report leverages a wide spectrum of research methods including surveys, interviews, and social media listening to analyze consumer behaviors in its entirety.

Sodium Cyanide Market: Industry Trends and Value Chain

The study on the Sodium Cyanide market presents a granular assessment of the macroeconomic and microeconomic factors that have shaped the industry dynamics. An in-depth focus on industry value chain help companies find out effective and pertinent trends that define customer value creation in the market. The analysis presents a data-driven and industry-validated frameworks for understanding the role of government regulations and financial and monetary policies. The analysts offer a deep-dive into the how these factors will shape the value delivery network for companies and firms operating in the market.

Sodium Cyanide Market: Branding Strategies and Competitive Strategies

Some of the key questions scrutinized in the study are:

What are some of the recent brand building activities of key players undertaken to create customer value in the Sodium Cyanide market?

Which companies are expanding litany of products with the aim to diversify product portfolio?

Which companies have drifted away from their core competencies and how have those impacted the strategic landscape of the Sodium Cyanide market?

Which companies have expanded their horizons by engaging in long-term societal considerations?

Which firms have bucked the pandemic trend and what frameworks they adopted to stay resilient?

What are the marketing programs for some of the recent product launches?

The list of key players operating in the Sodium Cyanide market includes following names:

Cyanco, Australian Gold Reagents Pty Ltd, Orica Limited, Asahi Kasei Corporation, Sasol, The Chemours Company,

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Sodium Cyanide Market: Assessment of Avenues and Revenue Potential in Key Geographies

Some of the key aspects that the study analyzes and sheds light are:

Which regions are witnessing rise in investments in the supply chain networks?

Which countries seems to have benefitted from recent import and export policies?

Which regions have witnessed decline in consumer demand due to economic and political upheavals?

Which are some the key geographies that are likely to emerge as lucrative markets?

Which regions are expected to lose shares due to pricing pressures?

Which regions leading players are expected to expand their footprints in the near future?

What are some the sustainability trends impacting the logistics and supply chain dynamics in the Sodium Cyanide market?

What are some of the demographic and economic environments that create new demand in developing economies?

How are changing government regulations shaping business strategies and practices?

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[sanjay-chem]

Sodium Metabisulphite Market Size, Share, Demand and Trends by 2022-2028

A new decadal study presented by top research firm Future Market Insights studies the demand patterns, trends, and growth scenario of the global sodium metabisulphite market during the period 2022 – 2028. Market projections reveal revenue from the sales of sodium metabisulphite to reach a value of US$ 266.5 Mn by 2028, up from an estimated US$ 159.1 Mn by 2022 end. This is reflective of a CAGR of 5.3% during the aforesaid timeline.

The report focuses on the key applications of sodium metabisulphite across different end-use industries and throws light on the various factors impacting growth in sales of sodium metabisulphite during the period of study. Food & Beverages Industry to Project Sustained Demand for Sodium Metabisulphite; Mining to Emerge Lucrative End-use Sector in the Coming Years

Sodium metabisulphite is predominantly used in the food and beverages industry as a preservative in dried food products and to enhance the shelf life of fruit juices. However, Future Market Insights predicts demand for industrial grade sodium metabisulphite from the mining and water treatment sectors to surge in the near future. In the mining industry, sodium metabisulphite finds application as a reducing agent to remove cyanide. Sodium metabisulphite is also used in water treatment as an anti-chlor agent to remove chlorine and heavy metals from water prior to releasing it into natural sources.

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The textile industry utilises sodium metabisulphite as a bleach to brighten fabric and remove stains and it is also used in the paper and pulp industry as a bleaching agent. These wide applications of sodium metabisulphite have boosted demand across industries, upping revenue in the global market for sodium metabisulphite as a result.

Revenue from the Sales of Sodium Metabisulphite to Receive a Fillip Owing to Burgeoning Demand Across Industries

An increasing demand from the food and beverages industry is a key revenue growth driver for the global sodium metabisulphite market. Besides application as a preservative and to improve product shelf life, sodium metabisulphite is used as a dough softener in bakery products. Sodium metabisulphite finds application in the mining industry for cyanide detoxification in gold mining and also as a source of sulphur dioxide for the destruction of cyanide in the process of commercial gold cyanidation.

Over the years, several stringent laws have been imposed on gold extraction plants to completely eliminate cyanide and metal cyanide complexes before final discharge into the environment. This has increased the adoption of sodium metabisulphite in the mining industry.

As an anti-chlor agent, sodium metabisulphite removes chlorine from water and is extensively used in municipal and industrial water treatment facilities. With declining availability of fresh sources of water, rising levels of water pollution, and climatic changes, governments and global environment protection associations have implemented stringent regulations to conserve existing water resources and reduce water pollution. This has led to an increase in demand for sodium metabisulphite used in the chemical processing of water.

Manufacturers of Sodium Metabisulphite to Expand Production Capacity to Meet Rising Demand from End-use Industries

Rapidly growing demand from the mining and water treatment industries has pushed manufacturers of sodium metabisulphite to increase their production capacity to meet product requirements from multiple industries. A key trend being observed in the global sodium metabisulphite market is the increase in dependence on imports from China.

China is the leading producer and consumer of sodium metabisulphite given the easy availability of raw material in the country and presence of a large number of local manufacturers of sodium metabisulphite. Companies functional in the global sodium metabisulphite market find it convenient to import sodium metabisulphite at reduced prices from Chinese manufacturers. This is further expected to boost revenue growth in the global sodium metabisulphite market in the near future.

Sodium Metabisulphite Industry by Category

By Grade:

Food     Grade

Industrial/Technical     Grade

By Application:

Preservative

Floating     Agent

Bleaching     Agent

Anticlor     Agent

Chemical     synthesis

OthersChemical     Intermediates

Sealents

By End Use Industry:

Food     and Beverage Industry

Photography     and Film

Water     Treatment

Mining

Textile

Paper     and Pulp

Chemical

Others

By Region:

North     America

Latin     America

Eastern     Europe

Western     Europe

SEA     and Pacific

China

Japan

Middle     East & Africa

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[factmrresearch1]

Sodium Cyanide Market To Register A CAGR Of Over 4% During The Years, 2022-2027

According to Fact.MR, demand for sodium cyanide Marketis expected to grow at a CAGR of more than 4% during the forecast period (2019-2027), reaching a value pool of nearly US$ 3 billion. Because of rapidly rising gold prices, the market for sodium cyanide has exploded in recent years.

Gold mining companies are putting more money into new rural exploration ventures and extending mining operations that are poised to create value in the sodium cyanide market. One of the primary factors driving growth in the global sodium cyanide market is the increasing use of sodium cyanide as an extraction reagent in the mining industry.

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Global Sodium Cyanide Market: In-Depth Assessment on Key Segments

The global sodium cyanide market is segmented on the basis of form, end-use, and region.

By Form :

By End-Use :

By Region :

Solid

Liquid

Mining & Metallurgy

Pharmaceutical

Chemical Intermediates

Pharmaceutical

Dyes & Pigments

Others

North America

Latin America

Europe

East Asia

South Asia & Oceania

Middle East & Africa

This taxonomy and the detailed TOC prepared are confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized and prohibited.

Environmental Concerns Will Cause a Shortage The global sodium cyanide market is highly consolidated, with Tier-1 competitors such as Evonik Industries AG, Cyanco, The Chemours Company, and Orica accounting for more than 60% of the market. To meet the growing demand for sodium cyanide, industry stakeholders are investing in large-scale manufacturing.

Competitive bidding is one of the most widely used supplier selection strategies worldwide. Several APAC producers have gained significant new business as a result of their lower prices in recent years.

The latest research report on Sodium Cyanide Market provides readers with insights on:

• Drivers, opportunities, restraints, and trends that have an impact on the global Sodium Cyanide Market’s development. • Reliable data on important regions and potential growth opportunities for vendors operating in those regions in the Sodium Cyanide Market. • Vital information on consumption, production, history, and forecasts for potential avenues in the global Sodium Cyanide Market.

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[researge]

Global Hydrogen Cyanide (HCN) Market Study 2014 - 2030

Analysis of the HYDROGEN CYANIDE (HCN) MARKET

A comprehensive market study on the HYDROGEN CYANIDE (HCN) MARKET Market provides an overview of the demand-supply and consumption patterns of Hydrogen Cyanide (HCN) Market across six different regions. This market study describes the Hydrogen Cyanide (HCN) Market Market, with focus on major countries and their subsequent demand for different segments. This report on the global Hydrogen Cyanide (HCN) Market market offers a complete overview of various factors impacting positively or negatively on the overall growth of the Keyword market.

Distinct market estimations and forecasts are presented in this comprehensive Hydrogen Cyanide (HCN) Market market study. Various secondary sources such as encyclopedia, directories, technical handbooks, company annual reports, industry association publications, magazine articles, world economic outlook, and databases have been referred to identify and collect information useful for this extensive commercial study of Hydrogen Cyanide (HCN) Market. Moreover, both micro-economic and macro-economic factors have been considered to arrive at growth rate and size estimation in the short and long-term forecast. Prismane Consulting supplements this with primary research. The primary sources are experts from related industries and suppliers. For market forecast, and production / plant operating rates, we assume numerous reasons that drive production including new production capacity is brought on-stream, Planned, and unplanned outages of existing capacities and Subdued demand from end-use applications.

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The current COVID-19 pandemic is causing high and rising human costs worldwide. Isolation, nationwide lockdowns, and widespread closures to stop the spread of the virus have severely impacted the economy. As a result, the global economy declined by an around of -3.5% in 2020, much worse and below the 2008-2009 subprime mortgage crisis. The global economy has grown between 5% and 6% in 2021 and 2022 due to the normalization brought in the regional economic activities on back of the fading COVID-19 pandemic and stability in the crude oil prices. The economic activities have been aided by the new policies surrounding financial, agricultural, industrial, and manufacturing sector. The report on Hydrogen Cyanide (HCN) Market Market studies and outlines the impact of COVID-19 and presents the forecasts for the short, mid and long-term. The report also covers Macro-economic factors like GDP, Population and World Economic integration, Economic & Energy Outlook, Industry & Policy Developments, End-use Industry / Applications Market, Reasoning & Analysis, Insightful Commentary, Market Review, Comparative Analysis, Latest Trends and market developments, Key players, Strategic Issues and Recommendations, Business Opportunity Assessment and much more.

Global Hydrogen Cyanide Demand Supply Analysis By Applications, (Volume, Value) (2014–2030)

     Strategic Issues

     Capacity Analysis – Plants and Projects (2014 – 2030)

Capacity

Production

Producing Companies

Capacity Additions and Investments

Location

Salient Statistics

Technology / Process

     Demand Supply Analysis and Forecast (2014 – 2030)

Capacity

Production

Operating Rate

Import

Export

Net Trade

Demand

Demand Growth Rate (%)

Driving Force Analysis

Global Hydrogen Cyanide Market, By Application

Adiponitrile

Sodium & Potassium Cyanide

Acetone Cyanohydrins

Others

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[imrmarket]

Sodium Thiosulfate Pentahydrate Market  |Leading Top Companies, Types, Applications and Key players

According to this latest study, the growth in the Sodium Thiosulfate Pentahydrate market will change significantly from the previous year. Over the next five years, Sodium Thiosulfate Pentahydrate will register a CAGR in terms of revenue, and the global market size will reach USD in millions by 2028.

Sodium thiosulfate pentahydrate is a hydrate consisting of sodium thiosulfate with 5 mol eq. of water. It has a role as an antidote to cyanide poisoning, a nephroprotective agent and an antifungal drug. It contains a sodium thiosulfate. Inhalation: May cause upper respiratory tract and mucous membrane irritation. Ingestion: Sodium Thiosulfate is an agent with a low order of toxicity. Ingestion of large doses may cause gastrointestinal irritation disturbances with nausea, vomiting, addominal cramping, diarrhea, metabolic acidosis, and hypernatremia. Sodium thiosulfate, also spelled sodium thiosulphate, is used as a medication to treat cyanide poisoning, pityriasis versicolor, and to decrease side effects from cisplatin. For cyanide poisoning it is often used after the medication sodium nitrite and typically only recommended for severe cases. It is either given by injection into a vein or applied to the skin.

The report also tracks the latest market dynamics, such as driving factors, restraining factors, and industry news like mergers, acquisitions, and investments. Global Sodium Thiosulfate Pentahydrate Market Size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries.

The Global Sodium Thiosulfate Pentahydrate Market Trends, development and marketing channels are analyzed. Finally, the feasibility of new investment projects is assessed and overall research conclusions offered.

Top key players cited in the report:        

Spectrum Chemical Mfg.Corp, Anmol Chemicals, Cosmic Chemicals, Vishnupriya Chemicals Private Limited, FInOrIC, Muby Chemicals, Shakti Chemicals, Vishnupriya Chemicals Pvt. Ltd, Lakshmi Chemical Industries, Nakarai, Akash Purochem Private Limited, Ing. Petr Svec - PENTA, Chaitanya Chemicals

Market has segmented the Sodium Thiosulfate Pentahydrate market on the basis of type, application, and region:

By Type:

·         Purity

·         Purity >99%

By Application:

 ·         Photography

·         Textile

·         Pharmaceutical

·         Others

The report covers key regions of the global Sodium Thiosulfate Pentahydrate market. This list includes many regions such as:

·         North America (U.S., Canada, Mexico)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)

·         Middle East & Africa (GCC Countries, South Africa, Rest of MEA)

·         South America (Brazil, Argentina, Rest of South America)

COVID-19 Impact Sodium Thiosulfate Pentahydrate market    

The COVID-19 pandemic has had devastating effects on several industry verticals globally. To constrain the number of cases and slow the coronavirus spread, various public health guidelines were implemented in different countries across the globe. COVID-19 protocols ranging from declaring national emergency states, enforcing stay-at-home orders, closing nonessential business operations and schools, banning public gatherings, imposing curfews, distributing digital passes, and allowing police to restrict citizen movements within a country, as well as closing international borders. With the growing vaccination rate, governments are uplifting the protocols to give a boost to the stagnant economy. Like other industries, Sodium Thiosulfate Pentahydrate Market have experienced slowdown the growth, however market is expected bounce back as restrictions are being lifted up by governments across the globe.

IMR offers a comprehensive overview of the market through the analysis of key parameters such as revenue, price, competition, and promotions, as well as the study, synthesis, and summarization of data from different sources. It analyzes the leading industry drivers and shows numerous market components. The information offered is thorough, dependable, and the result of a comprehensive primary and secondary study. IMR market research reports offer a comprehensive global market as well as an in-depth strategic sourcing methodology and analysis based on qualitative and quantitative research to anticipate market growth.

Reasons to Purchase this Report:

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors

• Provision of market value (USD Billion) data for each segment and sub-segment

• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled

[rohit890]

Sodium metabisulfite Market Competitive Analysis, Upcoming Demand And Growth Forecast 2026

Market Overview

Sodium metabisulfite, also known as sodium pyrosulfite or disodium, is an inorganic compound comprising sulfur, sodium and oxygen. Its chemical formula is Na2S2O5 and it occurs in a white or yellowish-white crystalline powder. It easily dissolves in water. Sodium metabisulfite is widely used as a food preservative for dried foods such as raisins, potato chips and apples, and also in fruit concentrate juices. It acts as an antimicrobial in food preservation preventing the growth of fungi and bacteria, thus keeping food fresh and safe.

Sodium metabisulfite is used as a reducing agent in the purification of ketones and aldehydes, in the manufacturing of resin and sulfonated oil, for detoxification of cyanide in gold ore processing plants and in the production of photographic chemicals.

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Market Dynamics

Asia Pacific and North America are expected to be the most potential markets for sodium metabisulfite manufacturers. Asia Pacific market is projected to witness relatively high growth in terms of value over the forecast period. Rapidly growing food industry coupled with increasing population has boosted the growth of sodium metabisulfite market in the region. This trend is expected to be followed over the forecast period. According to U.S. Department of Agriculture Economic Research service, the U.S. food and beverage manufacturing industry employed over 1.5 million people in 2015. Over 34,000 food and beverage manufacturing plants are present throughout the region. According to IBEF India, the Indian Personal care products market is expected to reach total revenue of US$ 20 billion by the end of 2025. India Brand Equity Foundation (IBEF) is a Trust established by the Ministry of Commerce and Industry, Department of Commerce in collaboration with the Government of India with the purpose of promoting and creating international awareness of goods manufactured in India.

Sodium Metabisulfite Market Taxonomy

On the basis of function, the global sodium metabisulfite market is classified into:

Sanitizing agentPreservativeCleaning AgentReducing agentFloating AgentBleaching Agent

On the basis of grade, the global sodium metabisulfite market is classified into:

FoodTechnical GradePhoto Grade

On the basis of end use industry, the global sodium metabisulfite market is classified into:

PharmaceuticalWater TreatmentPaper and PulpFood and BeveragesPhotographic IndustryOthers

Some of the major companies operating in the global sodium metabisulfite market include BASF SE, Shandong Kailong Chemical Technology Development Co. Ltd, Solvay, Aditya Birla Chemicals, The Dow Chemical Company, Evonik Industries, Arkema, Qingdao Tianya Chemical Co., Ltd, Hans Chemicals Pvt. Ltd. and Ultramarine India Pvt. Ltd.

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[akashpawar0412]

Sodium Cyanide Market Trend Report Forecast 2022-2030

Sodium Cyanide (CAS 143-33-9) is a chemical compound that is used in a variety of industrial applications. It is a white, crystalline solid that is highly soluble in water. Sodium cyanide is used as a fumigant, herbicide, and insecticide. It is also used in the production of plastics, adhesives, and detergents. Sodium cyanide is toxic to humans and animals if ingested or inhaled.

Due to the COVID-19 pandemic, the global sodium cyanide market size is estimated to be worth US$ 2,376.9 million in 2022 and is forecast to a readjusted size of US$ 3,173.9 million by 2028 with a CAGR of 4.94% during the forecast period 2022-2028.

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The main drivers of growth for the Sodium Cyanide market are the increasing demand from the mining industry and the growing use of Sodium Cyanide in chemical manufacturing.

Fully considering the economic change by this health crisis, solid sodium cyanide accounting for 74.28% of the sodium cyanide global market in 2021, is projected to value US$ 2,474.1 million by 2028, growing at a revised 5.59% CAGR from 2022 to 2028. While mining industry segment consumption volume is altered to a 2.70 % CAGR throughout this forecast period.

Market Segmentation:

The global sodium cyanide market is segmented based on type, application, and geography.

The market for sodium cyanide is divided into two types: solid and liquid. Solid sodium cyanide is the most common type used in mining applications. It is a white, powdery substance that is highly toxic. Liquid sodium cyanide is less common, but it can be used in certain industrial applications.

The global sodium cyanide market is also segmented by application. The major applications of sodium cyanide are in mining and chemical manufacturing. In mining, it is used to extract gold and other precious metals from ore. In chemical manufacturing, it is used to make organic and inorganic chemicals.

Geographically, China sodium cyanide market size was US$ 768.5 million in 2021, while North America was US$ 431.3 million. The proportion of the China was 35.95% in 2021, while North America's percentage was 20.18%, and it is predicted that China market share will reach 38.33% in 2028, trailing a CAGR of 5.64 % through the analysis period. As for the Asia, the notable markets are Australia and South Korea, CAGR is 5.76% and 2.67% respectively for the next 6-year period. 

Market Dynamics

Among end user, the mining industry segment is witnessing significant market share in the market. Increasing mining activities worldwide has led to high consumption of sodium cyanide for extraction of gold and other precious metals. For instance, according to Indian Minerals Yearbook 2021, the index of mineral production for all minerals in India (excluding atomic minerals stood at 132.2 points in 2016-17 registering an increase of 2.2% over that 2015-2016.

Asia Pacific accounted for a significant market share in 2021, owing to substantial demand for sodium cynide from gold and silver mining industry in the region. Accroding to the U.S. Geological Survey 2013, production of mined gold in Asia Pacific accounted for around 31% of the worldwide production in 2013. Moroever, China was the leading producer of mined gold in the region, followed by Australia, Indonesia, and Papua New Guinea.

By Company

The global major manufacturers of Sodium Cyanide include Cyanco, Chemours, Orica, Australian Gold Reagent, Hebei Chengxin, Anhui Shuguang Chemical Group, Tongsuh Petrochemical, Taekwang Industrial, and Tiande Chemical, etc. In terms of revenue, the global three largest players hold a 29.80% market share of Sodium Cyanide in 2021.

Cyanco

Chemours

Orica

Australian Gold Reagent

Hebei Chengxin

Anhui Shuguang Chemical Group

Tongsuh Petrochemical

Taekwang Industrial

Tiande Chemical

Lukoil

CyPlus (Evonik)

Korund Group

Yingkou Sanzheng

Jincheng Hongsheng Chemical

Changsha Hekang Chemical

Nippon Soda

Unigel

Sasol Polymers

Imperial Chemical Corporation

Union Group Chemical

Segment by Type

Liquid Sodium Cyanide

Solid Sodium Cyanide

Segment by Application

Mining Industry

Chemical Industry

Electroplating

Others

Production by Region

China

North America

Australia

South Korea

Europe

Consumption by Region

North America

United States

Canada

Asia-Pacific

China

Japan

South Korea

India

Australia

Malaysia

Philippines

Myanmar

Rest of Asia Pacific

Europe

Germany

France

U.K.

Italy

Russia

Rest of Europe

South America

Mexico

Brazil

Rest of South America

Middle East & Africa

Turkey

West Africa

South Africa

Rest of Middle East & Africa

Drivers and Restrains:

The research report has incorporated the analysis of different factors that augment the market's growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert's opinions have been taken to understand the market better.

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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[marketerefforts]

Sodium Cyanide Market 2023 | Business Opportunity, Growth Strategies & Forecast Report By 2028

The Sodium Cyanide Market Report, in its latest update, highlights the significant impacts and the recent strategical changes under the present socio-economic scenario. The Sodium Cyanide industry growth avenues are deeply supported by exhaustive research by the top analysts of the industry. The report starts with the executive summary, followed by a value chain and marketing channels study. The report then estimates the CAGR and market revenue of the Global and regional segments.

Base Year: 2021

Estimated Year: 2022

Forecast Till: 2023 to 2028

The report classifies the market into different segments based on type and product. These segments are studied in detail, incorporating the market estimates and forecasts at regional and country levels. The segment analysis is helpful in understanding the growth areas and potential opportunities of the market.

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A special section is dedicated to the analysis of the impact of the COVID-19 pandemic on the growth of the Sodium Cyanide market.  The impact is closely studied in terms of production, import, export, and supply.

The report covers the complete competitive landscape of the Worldwide Sodium Cyanide market with company profiles of key players such as:

AnQore

Australian Gold Reagents Pty Ltd.

Cyanco Corporation

CyPlus GmbH

Korund LLc

Nippon Soda Co., Ltd.

OJSC Lukoil

Orica Limited

Taekwang Industrial Co., Ltd.

The Chemours Company

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Sodium Cyanide Market Analysis by Type:

Solid Sodium Cyanide

Liquid Sodium Cyanide

Sodium Cyanide Market Analysis by Application:

Mining Industry

Chemical Industry

Dye And Textile Industry

Electroplating Industry

Other

Sodium Cyanide Market Analysis by Geography:

North America (USA, Canada, and Mexico)

Europe (Germany, UK, France, Italy, Russia, Spain, Rest of Europe)

Asia Pacific (China, India, Japan, South Korea, Australia, South-East Asia, Rest of Asia-Pacific)

Latin America (Brazil, Argentina, Peru, Chile, Rest of Latin America)

The Middle East and Africa (Saudi Arabia, UAE, Israel, South Africa, Rest of the Middle East and Africa)

Key questions answered in the report:

 What is the expected growth of the Sodium Cyanide market between 2023 to 2028?

Which application and type segment holds the maximum share in the Global Sodium Cyanide market?

Which regional Sodium Cyanide market shows the highest growth CAGR between 2023 to 2028?

What are the opportunities and challenges currently faced by the Sodium Cyanide market?

Who are the leading market players and what are their Strengths, Weakness, Opportunities, and Threats (SWOT)?

What business strategies are the competitors considering to stay in the Sodium Cyanide market?

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[blueweave8]

Sodium Thiosulphate Market Outlook, Analysis, Report 2023-2029

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated global sodium thiosulphate market size at USD 104.75 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects global sodium thiosulphate market size to grow at a significant CAGR of 6.1% reaching a value of USD 158.02 million by 2029. Major growth factors for global sodium thiosulphate market include increasing product demand in the healthcare and medical industries, growing healthcare and medical sector and advancements in these sectors. Similarly, the rising prevalence of chronic kidney failure illnesses, particularly calciphylaxis, is expected to drive demand for sodium thiosulphate. According to reputable estimates, calciphylaxis affects 1% to 4.5% of dialysis patients, with the majority of patients being diabetic, obese, or suffering from chronic liver disease. For the treatment of calciphylaxis, sodium thiosulphate serves as an antioxidant and calcium chelating agent. Also, developing mining operations in various regions, such as North America and Asia Pacific are paving the way for the sodium thiosulphate market in the coming years. According to Gold.org, global gold mining contributes around 2,500 to 3,000 tons of gold to the total above-ground supply of gold each year. Therefore, these factors are expected to boost the expansion of global sodium thiosulphate market during the period in analysis. However, increasing cost of the raw materials is anticipated to restrain the market growth.

Global Sodium Thiosulphate Market – Overview

Sodium thiosulphate is a colorless inorganic sodium salt that dissolves readily in water. It is made up of sodium and thiosulfate ions in a 2:1 ratio. It is used in the treatment of photographic paper and films. Prior to discharge into the environment, sodium thiosulphate liquid is employed to de-chlorinate ballast waters. The increasing use of sodium thiosulphate for heavy metal removal from industrial wastewater is estimated to drive the global sodium thiosulphate market size during the forecast period. Rising demand for sodium thiosulphate from the healthcare sector for the creation of antidotes used to treat cyanide poisoning contributes to market expansion. Sodium thiosulphate is widely used in gold extraction. This compound is also employed as a cyanide replacement lixiviant. In iodometry, sodium thiosulphate is employed as a measurement agent for oxygen in water for approximating substances such as hydrogen peroxide. This is expected to boost the sodium thiosulphate market overall throughout the forecast period. Consumers' growing worry about their health is expected to benefit the whole market during the next seven years. Another key end-use business is water treatment. It is used to reduce chlorine levels and to treat settled backwash water in swimming pools, spas, and aquarium.

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Global Sodium Thiosulphate Market – By Application

Based on application, global sodium thiosulphate market is divided into Medical, Photographic Processing, Iodometry, Gold Extraction, and Water Treatment segments. The water treatment segment held the highest market share. Sodium thiosulphate neutralizes chlorine, avoiding additional bactericidal effects on organisms in transit water. It also forms soluble complexes with heavy metals like lead, mercury, arsenic, and cadmium, making it easier to remove them from industrial waste effluents. Heavy metals are carcinogens, which can destroy the lungs, liver, kidneys, and other important organs. As a result, rising health concerns and demand for freshwater drive the sodium thiosulphate industry forward. According to the Organization for Economic Cooperation and Development (OECD), worldwide freshwater consumption is expected to rise by 55% between 2000 and 2050. It, in turn, is expected to boost the growth of the water treatment segment.

Competitive Landscape

Major players operating in global sodium thiosulphate market include Esseco SRL, Galactic, Allan Chemical Corporation, Samirian Chemicals Inc., Noah Chemicals, Dastech, INEOS, DBWINC, Southern Ionics Incorporated, Skyhawk Chemicals, Inc., Liyang Qingfeng Fine chemical Co. Ltd, Changsha weichuang chemical Co. Ltd, and Haimen Wuyang Chemical Industry Co. Ltd. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

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Sodium Thiosulphate Market

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[deafeningmoonmusic]

Global Inorganic Chemicals Market - Industry Trends, Outlook, Regulatory Bodies & Regulations and Key Market Players

Inorganic chemicals are a combination of two or more elements other than carbon. Carbon monoxide, carbon dioxide, carbides, carbonates, and cyanides are exceptions, as these are inorganic chemicals despite having carbon. Rising demand for inorganic chemicals in the fertilizers industry is expected to be one of the prime factors driving market growth.

Inorganic Chemicals Market Taxonomy

On the basis of product type, the global market is classified into:

Ammonia

Chlor alkali

Ammonium nitrate

Ammonium sulfate

Inorganic acid

Sodium hydroxide

Hydrogen peroxide

Oxygen

Nitrogen

Inorganic Chemicals Market Outlook – Surge in Demand for Ammonia for Agricultural Application Augmenting Market Growth

Asia Pacific is expected to be one of the most lucrative markets of manufacturers of inorganic chemicals, due to strengthening of the economy and strong agricultural base in China, India, and South East Asian countries.

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Inorganic Chemicals Market – Regulatory Scenario:

February 24, 2004, U.S. Department of State enforce the Rotterdam Convention as an international treaty designed to facilitate informed decision-making by countries with regard to trade in hazardous chemicals.

January 01, 2006, The State Environment Protection Administration and the General Administration of Custom of China, In order to strictly prevent illegal export of toxic chemicals and earnestly improve the implementation of the Rotterdam Convention on the Prior Informed Consent Procedure for Certain Hazardous Chemicals Pesticides in International Trade and the Stockholm Convention on Persistent Organic Pollutants.

Key players : Akzo Nobel, BASF SE, Bayer, The Dow Chemicals Company, DuPont, Evonik Industries, Formosa Plastics, Ineos, LG Chem, LyondellBasell Industries, Mitsubishi Chemicals, Sabic, The Royal Dutch Shell, Sinopec, Sumitomo Chemicals. Strategic mergers and acquisitions

About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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