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Hydrogen Cyanide Market Size, Share, Trends, Growth Outlook

Hydrogen Cyanide Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- By Structure Type (Hydrogen Cyanide Liquid and Hydrogen Cyanide Gas), Application (Sodium Cyanide and Potassium Cyanide, Adiponitrile, Acetone Cyanohydrin, and Others), and Companies Report

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  • |Published Month : October, 2024
  • |No. of Pages : 186

The Hydrogen Cyanide Market Size is estimated to register 2.8% growth over the forecast period from 2024 to 2030.

 

Hydrogen Cyanide Market Overview

The increasing demand for HCN in the production of various chemicals, including acrylonitrile, adiponitrile, and cyanuric chloride are significantly driving the market. These chemicals are integral to the manufacturing of products such as synthetic fibers, plastics, and pharmaceuticals, driving the overall demand for hydrogen cyanide. Additionally, the growth of the mining industry, particularly in gold and silver extraction are contributing to the rising demand for HCN in metal processing applications. Companies are exploring innovative technologies, such as the use of advanced catalysts and green chemistry principles, to enhance production efficiency while minimizing environmental impact. As global agricultural practices are intensifying to meet the demands of a growing population, the need for effective crop protection solutions is bolstering the demand for hydrogen cyanide in the manufacturing of pesticides.

 

Hydrogen Cyanide Market Dynamics

Market Trends- The Hydrogen Cyanide market is experiencing a notable trend with the growing application of hydrogen cyanide in agricultural chemicals

The rise in demand for food production to meet the needs of a growing population is driving the development of pesticides that contribute to effective pest management strategies. Companies operating in the Hydrogen Cyanide market catering to the specific needs of the agriculture industry, providing solutions that contribute to pest management strategies while maintaining a focus on safety and regulatory compliance. Additionally, the broader imperative in the agricultural sector to optimize crop production and ensure food security are propelling the demand.

 

Market Driver- Meeting Escalating Demand in Chemical Manufacturing for Essential Compounds in Hydrogen Cyanide Market

The growing need for hydrogen cyanide in the production of key chemicals, such as acrylonitrile are driving the market. The expanding global industries, particularly in textiles and plastics, are contributing to the heightened demand for acrylonitrile, subsequently driving the overall demand for hydrogen cyanide Additionally, hydrogen cyanide finds application in other chemical processes, including the synthesis of adiponitrile and cyanuric chloride, further amplifying its importance in chemical manufacturing.

 

Market Opportunity- Expanding Application in Precious Metal Extraction within Mining Operations

The integral role of hydrogen cyanide in the extraction of gold and silver, where it is used in metal processing is the major factor. The growing global demand for these precious metals, driven by industrial and investment purposes is directly contributing to the increased utilization of hydrogen cyanide in mining activities. Moreover, the continued exploration and development of new mining sites, particularly in regions with untapped mineral resources are further propelling the demand for hydrogen cyanide in mining applications.

 

Market Share Analysis- Hydrogen Cyanide Liquid will register the fastest growth

The Hydrogen Cyanide Market is analyzed across Hydrogen Cyanide Liquid and Hydrogen Cyanide Gas. Hydrogen Cyanide Liquid is poised to register the fastest growth. One primary application is in the production of acrylonitrile, a key compound used in the manufacturing of synthetic fibers and plastics. Hydrogen Cyanide Liquid serves as a vital precursor in this process, contributing to the synthesis of acrylonitrile, which, in turn, supports the expanding industries of textiles and plastics. Moreover, Hydrogen Cyanide Liquid is instrumental in the formulation of cyanide-based pesticides in the agricultural sector. As agriculture faces the challenge of optimizing crop yields while managing pest control, the liquid form of hydrogen cyanide becomes an essential component in the creation of effective pesticides. In addition to its role in chemical manufacturing and agriculture, Hydrogen Cyanide Liquid finds application in various other industrial processes.

 

Market Share Analysis- Sodium Cyanide and Potassium Cyanide held a significant market share in 2024

The Hydrogen Cyanide Market is analyzed across various applications including Sodium Cyanide and Potassium Cyanide, Adiponitrile, Acetone Cyanohydrin and Others. Of these, Sodium Cyanide and Potassium Cyanide held a significant market share in 2024. These cyanides are extensively employed in the extraction of gold and silver from ores in the mining sector. Their ability to form stable metal complexes is crucial for facilitating the dissolution and separation of precious metals, making them integral in the gold and silver extraction processes. Another significant application lies in the chemical synthesis of various organic compounds. Both Sodium Cyanide and Potassium Cyanide play key roles in the production of adiponitrile, a vital precursor for manufacturing nylon-6,6. The demand for nylon-6,6, a high-performance synthetic polymer, particularly in the textile and automotive industries, contributes to the significance of these cyanides in chemical manufacturing. Furthermore, Sodium Cyanide and Potassium Cyanide find use in electroplating processes, where they act as essential components for metal surface treatments.

 

Hydrogen Cyanide Market Segmentation

By Structure Type

  • Hydrogen Cyanide Liquid
  • Hydrogen Cyanide Gas

 

By Application

  • Sodium Cyanide and Potassium Cyanide
  • Adiponitrile
  • Acetone Cyanohydrin
  • Others 


By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Hydrogen Cyanide Market Companies

  • Air Liquide
  • Ascend Performance Materials
  • Evonik Industries AG
  • Hindusthan Chemicals CompanyMatheson Tri-Gas Inc
  • NEOS
  • MATHESON TRI-GAS INC
  • Sumitomo Chemical Co Ltd
  • TAEKWANG INDUSTRIAL CO LTD
  • Triveni Chemicals

 

*List not exhaustive

 

Hydrogen Cyanide Market Outlook 2023

1 Market Overview

1.1 Introduction to the Hydrogen Cyanide Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2023 Hydrogen Cyanide Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Hydrogen Cyanide Market Companies with Area Served

4.2.2 Products Offerings Global Hydrogen Cyanide Market

 

5 COVID-19 Impact Analysis and Outlook Scenarios

5.1.1 Covid-19 Impact Analysis

5.1.2 Post-COVID-19 Scenario- Low Growth Case

5.1.3 Post-COVID-19 Scenario- Reference Growth Case

5.1.4 Post-COVID-19 Scenario- Low Growth Case

 

6 Global Hydrogen Cyanide Market Trends

6.1 Global Hydrogen Cyanide Revenue (USD Million) and CAGR (%) by Type (2018-2030)

6.2 Global Hydrogen Cyanide Revenue (USD Million) and CAGR (%) by Applications (2018-2030)

6.3 Global Hydrogen Cyanide Revenue (USD Million) and CAGR (%) by Regions (2018-2030)

 

7 Global Hydrogen Cyanide Market Revenue (USD Million) by Type, and Applications (2018-2022)

7.1 Global Hydrogen Cyanide Revenue (USD Million) by Type (2018-2022)

7.1.1 Global Hydrogen Cyanide Revenue (USD Million), Market Share (%) by Type (2018-2022)

7.2 Global Hydrogen Cyanide Revenue (USD Million) by Applications (2018-2022)

7.2.1 Global Hydrogen Cyanide Revenue (USD Million), Market Share (%) by Applications (2018-2022)

 

8 Global Hydrogen Cyanide Development Regional Status and Outlook

8.1 Global Hydrogen Cyanide Revenue (USD Million) By Regions (2018-2022)

8.2 North America Hydrogen Cyanide Revenue (USD Million) by Type, and Application (2018-2022)

8.2.1 North America Hydrogen Cyanide Revenue (USD Million) by Country (2018-2022)

8.2.2 North America Hydrogen Cyanide Revenue (USD Million) by Type (2018-2022)

8.2.3 North America Hydrogen Cyanide Revenue (USD Million) by Applications (2018-2022)

8.3 Europe Hydrogen Cyanide Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)

8.3.1 Europe Hydrogen Cyanide Revenue (USD Million), by Country (2018-2022)

8.3.2 Europe Hydrogen Cyanide Revenue (USD Million) by Type (2018-2022)

8.3.3 Europe Hydrogen Cyanide Revenue (USD Million) by Applications (2018-2022)

8.4 Asia Pacific Hydrogen Cyanide Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)

8.4.1 Asia Pacific Hydrogen Cyanide Revenue (USD Million) by Country (2018-2022)

8.4.2 Asia Pacific Hydrogen Cyanide Revenue (USD Million) by Type (2018-2022)

8.4.3 Asia Pacific Hydrogen Cyanide Revenue (USD Million) by Applications (2018-2022)

8.5 South America Hydrogen Cyanide Revenue (USD Million), by Type, and Applications (2018-2022)

8.5.1 South America Hydrogen Cyanide Revenue (USD Million), by Country (2018-2022)

8.5.2 South America Hydrogen Cyanide Revenue (USD Million) by Type (2018-2022)

8.5.3 South America Hydrogen Cyanide Revenue (USD Million) by Applications (2018-2022)

8.6 Middle East and Africa Hydrogen Cyanide Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)

8.6.1 Middle East and Africa Hydrogen Cyanide Revenue (USD Million) by Country (2018-2022)

8.6.2 Middle East and Africa Hydrogen Cyanide Revenue (USD Million) by Type (2018-2022)

8.6.3 Middle East and Africa Hydrogen Cyanide Revenue (USD Million) by Applications (2018-2022)

 

9 Company Profiles

 

10 Global Hydrogen Cyanide Market Revenue (USD Million), by Type, and Applications (2023-2030)

10.1 Global Hydrogen Cyanide Revenue (USD Million) and Market Share (%) by Type (2023-2030)

10.1.1 Global Hydrogen Cyanide Revenue (USD Million), and Market Share (%) by Type (2023-2030)

10.2 Global Hydrogen Cyanide Revenue (USD Million) and Market Share (%) by Applications (2023-2030)

10.2.1 Global Hydrogen Cyanide Revenue (USD Million), and Market Share (%) by Applications (2023-2030)

 

11 Global Hydrogen Cyanide Development Regional Status and Outlook Forecast

11.1 Global Hydrogen Cyanide Revenue (USD Million) By Regions (2023-2030)

11.2 North America Hydrogen Cyanide Revenue (USD Million) by Type, and Applications (2023-2030)

11.2.1 North America Hydrogen Cyanide Revenue (USD) Million by Country (2023-2030)

11.2.2 North America Hydrogen Cyanide Revenue (USD Million), by Type (2023-2030)

11.2.3 North America Hydrogen Cyanide Revenue (USD Million), Market Share (%) by Applications (2023-2030)

11.3 Europe Hydrogen Cyanide Revenue (USD Million), by Type, and Applications (2023-2030)

11.3.1 Europe Hydrogen Cyanide Revenue (USD Million), by Country (2023-2030)

11.3.2 Europe Hydrogen Cyanide Revenue (USD Million), by Type (2023-2030)

11.3.3 Europe Hydrogen Cyanide Revenue (USD Million), by Applications (2023-2030)

11.4 Asia Pacific Hydrogen Cyanide Revenue (USD Million) by Type, and Applications (2023-2030)

11.4.1 Asia Pacific Hydrogen Cyanide Revenue (USD Million), by Country (2023-2030)

11.4.2 Asia Pacific Hydrogen Cyanide Revenue (USD Million), by Type (2023-2030)

11.4.3 Asia Pacific Hydrogen Cyanide Revenue (USD Million), by Applications (2023-2030)

11.5 South America Hydrogen Cyanide Revenue (USD Million), by Type, and Applications (2023-2030)

11.5.1 South America Hydrogen Cyanide Revenue (USD Million), by Country (2023-2030)

11.5.2 South America Hydrogen Cyanide Revenue (USD Million), by Type (2023-2030)

11.5.3 South America Hydrogen Cyanide Revenue (USD Million), by Applications (2023-2030)

11.6 Middle East and Africa Hydrogen Cyanide Revenue (USD Million), by Type, and Applications (2023-2030)

11.6.1 Middle East and Africa Hydrogen Cyanide Revenue (USD Million), by Region (2023-2030)

11.6.2 Middle East and Africa Hydrogen Cyanide Revenue (USD Million), by Type (2023-2030)

11.6.3 Middle East and Africa Hydrogen Cyanide Revenue (USD Million), by Applications (2023-2030)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

List of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Hydrogen Cyanide Market Companies with Areas Served

Table 3 Products Offerings Global Hydrogen Cyanide Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Hydrogen Cyanide Revenue (USD Million) And CAGR (%) By Type (2018-2030)

Table 8 Global Hydrogen Cyanide Revenue (USD Million) And CAGR (%) By Applications (2018-2030)

Table 9 Global Hydrogen Cyanide Revenue (USD Million) And CAGR (%) By Regions (2018-2030)

Table 10 Global Hydrogen Cyanide Revenue (USD Million) By Type (2018-2022)

Table 11 Global Hydrogen Cyanide Revenue Market Share (%) By Type (2018-2022)

Table 12 Global Hydrogen Cyanide Revenue (USD Million) By Applications (2018-2022)

Table 13 Global Hydrogen Cyanide Revenue Market Share (%) By Applications (2018-2022)

Table 14 Global Hydrogen Cyanide Market Revenue (USD Million) By Regions (2018-2022)

Table 15 Global Hydrogen Cyanide Market Share (%) By Regions (2018-2022)

Table 16 North America Hydrogen Cyanide Revenue (USD Million) By Country (2018-2022)

Table 17 North America Hydrogen Cyanide Revenue (USD Million) By Type (2018-2022)

Table 18 North America Hydrogen Cyanide Revenue (USD Million) By Applications (2018-2022)

Table 19 Europe Hydrogen Cyanide Revenue (USD Million) By Country (2018-2022)

Table 20 Europe Hydrogen Cyanide Revenue (USD Million) By Type (2018-2022)

Table 21 Europe Hydrogen Cyanide Revenue (USD Million) By Applications (2018-2022)

Table 22 Asia Pacific Hydrogen Cyanide Revenue (USD Million) By Country (2018-2022)

Table 23 Asia Pacific Hydrogen Cyanide Revenue (USD Million) By Type (2018-2022)

Table 24 Asia Pacific Hydrogen Cyanide Revenue (USD Million) By Applications (2018-2022)

Table 25 South America Hydrogen Cyanide Revenue (USD Million) By Country (2018-2022)

Table 26 South America Hydrogen Cyanide Revenue (USD Million) By Type (2018-2022)

Table 27 South America Hydrogen Cyanide Revenue (USD Million) By Applications (2018-2022)

Table 28 Middle East and Africa Hydrogen Cyanide Revenue (USD Million) By Region (2018-2022)

Table 29 Middle East and Africa Hydrogen Cyanide Revenue (USD Million) By Type (2018-2022)

Table 30 Middle East and Africa Hydrogen Cyanide Revenue (USD Million) By Applications (2018-2022)

Table 31 Financial Analysis

Table 32 Global Hydrogen Cyanide Revenue (USD Million) By Type (2023-2030)

Table 33 Global Hydrogen Cyanide Revenue Market Share (%) By Type (2023-2030)

Table 34 Global Hydrogen Cyanide Revenue (USD Million) By Applications (2023-2030)

Table 35 Global Hydrogen Cyanide Revenue Market Share (%) By Applications (2023-2030)

Table 36 Global Hydrogen Cyanide Market Revenue (USD Million), And Revenue (USD Million) By Regions (2023-2030)

Table 37 North America Hydrogen Cyanide Revenue (USD)By Country (2023-2030)

Table 38 North America Hydrogen Cyanide Revenue (USD Million) By Type (2023-2030)

Table 39 North America Hydrogen Cyanide Revenue (USD Million) By Applications (2023-2030)

Table 40 Europe Hydrogen Cyanide Revenue (USD Million) By Country (2023-2030)

Table 41 Europe Hydrogen Cyanide Revenue (USD Million) By Type (2023-2030)

Table 42 Europe Hydrogen Cyanide Revenue (USD Million) By Applications (2023-2030)

Table 43 Asia Pacific Hydrogen Cyanide Revenue (USD Million) By Country (2023-2030)

Table 44 Asia Pacific Hydrogen Cyanide Revenue (USD Million) By Type (2023-2030)

Table 45 Asia Pacific Hydrogen Cyanide Revenue (USD Million) By Applications (2023-2030)

Table 46 South America Hydrogen Cyanide Revenue (USD Million) By Country (2023-2030)

Table 47 South America Hydrogen Cyanide Revenue (USD Million) By Type (2023-2030)

Table 48 South America Hydrogen Cyanide Revenue (USD Million) By Applications (2023-2030)

Table 49 Middle East and Africa Hydrogen Cyanide Revenue (USD Million) By Region (2023-2030)

Table 50 Middle East and Africa Hydrogen Cyanide Revenue (USD Million) By Region (2023-2030)

Table 51 Middle East and Africa Hydrogen Cyanide Revenue (USD Million) By Type (2023-2030)

Table 52 Middle East and Africa Hydrogen Cyanide Revenue (USD Million) By Applications (2023-2030)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

List of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Hydrogen Cyanide Revenue (USD Million) By Type (2018-2022)

Figure 4 Global Hydrogen Cyanide Revenue Market Share (%) By Type (2022)

Figure 5 Global Hydrogen Cyanide Revenue (USD Million) By Applications (2018-2022)

Figure 6 Global Hydrogen Cyanide Revenue Market Share (%) By Applications (2022)

Figure 7 Global Hydrogen Cyanide Market Revenue (USD Million) By Regions (2018-2022)

Figure 8 Global Hydrogen Cyanide Market Share (%) By Regions (2022)

Figure 9 North America Hydrogen Cyanide Revenue (USD Million) By Country (2018-2022)

Figure 10 North America Hydrogen Cyanide Revenue (USD Million) By Type (2018-2022)

Figure 11 North America Hydrogen Cyanide Revenue (USD Million) By Applications (2018-2022)

Figure 12 Europe Hydrogen Cyanide Revenue (USD Million) By Country (2018-2022)

Figure 13 Europe Hydrogen Cyanide Revenue (USD Million) By Type (2018-2022)

Figure 14 Europe Hydrogen Cyanide Revenue (USD Million) By Applications (2018-2022)

Figure 15 Asia Pacific Hydrogen Cyanide Revenue (USD Million) By Country (2018-2022)

Figure 16 Asia Pacific Hydrogen Cyanide Revenue (USD Million) By Type (2018-2022)

Figure 17 Asia Pacific Hydrogen Cyanide Revenue (USD Million) By Applications (2018-2022)

Figure 18 South America Hydrogen Cyanide Revenue (USD Million) By Country (2018-2022)

Figure 19 South America Hydrogen Cyanide Revenue (USD Million) By Type (2018-2022)

Figure 20 South America Hydrogen Cyanide Revenue (USD Million) By Applications (2018-2022)

Figure 21 Middle East and Africa Hydrogen Cyanide Revenue (USD Million) By Region (2018-2022)

Figure 22 Middle East and Africa Hydrogen Cyanide Revenue (USD Million) By Type (2018-2022)

Figure 23 Middle East and Africa Hydrogen Cyanide Revenue (USD Million) By Applications (2018-2022)

Figure 24 Global Hydrogen Cyanide Revenue (USD Million) By Type (2023-2030)

Figure 25 Global Hydrogen Cyanide Revenue Market Share (%) By Type (2030)

Figure 26 Global Hydrogen Cyanide Revenue (USD Million) By Applications (2023-2030)

Figure 27 Global Hydrogen Cyanide Revenue Market Share (%) By Applications (2030)

Figure 28 Global Hydrogen Cyanide Market Revenue (USD Million) By Regions (2023-2030)

Figure 29 North America Hydrogen Cyanide Revenue (USD Million) By Country (2023-2030)

Figure 30 North America Hydrogen Cyanide Revenue (USD Million) By Type (2023-2030)

Figure 31 North America Hydrogen Cyanide Revenue (USD Million) By Applications (2023-2030)

Figure 32 Europe Hydrogen Cyanide Revenue (USD Million) By Country (2023-2030)

Figure 33 Europe Hydrogen Cyanide Revenue (USD Million) By Type (2023-2030)

Figure 34 Europe Hydrogen Cyanide Revenue (USD Million) By Applications (2023-2030)

Figure 35 Asia Pacific Hydrogen Cyanide Revenue (USD Million) By Country (2023-2030)

Figure 36 Asia Pacific Hydrogen Cyanide Revenue (USD Million) By Type (2023-2030)

Figure 37 Asia Pacific Hydrogen Cyanide Revenue (USD Million) By Applications (2023-2030)

Figure 38 South America Hydrogen Cyanide Revenue (USD Million) By Country (2023-2030)

Figure 39 South America Hydrogen Cyanide Revenue (USD Million) By Type (2023-2030)

Figure 40 South America Hydrogen Cyanide Revenue (USD Million) By Applications (2023-2030)

Figure 41 Middle East and Africa Hydrogen Cyanide Revenue (USD Million) By Region (2023-2030)

Figure 42 Middle East and Africa Hydrogen Cyanide Revenue (USD Million) By Region (2023-2030)

Figure 43 Middle East and Africa Hydrogen Cyanide Revenue (USD Million) By Type (2023-2030)

Figure 44 Middle East and Africa Hydrogen Cyanide Revenue (USD Million) By Applications (2023-2030)

Figure 45 Bottom-Up and Top-Down Approaches For This Report

Figure 46 Data Triangulation

 

Hydrogen Cyanide Market Segmentation

By Structure Type

  • Hydrogen Cyanide Liquid
  • Hydrogen Cyanide Gas

 

By Application

  • Sodium Cyanide and Potassium Cyanide
  • Adiponitrile
  • Acetone Cyanohydrin
  • Others 


By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)