Hydrazine Market Size Forecasted to Grow at 4.71% CAGR, Reaching USD $806.09 million by 2030

WIN SIVERS DRIVE, OR, UNITED STATES, December 2, 2024 /EINPresswire.com/ -- According to research report published by Allied Market Research, the global hydrazine market¹ size was valued at $510.95 million in 2020, and is expected to reach $806.09 million by 2030, registering at 4.7% CAGR from 2021 to 2030. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.

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Hydrazine Market growth is driven by increase in need for agrochemicals and rise in demand for high-quality agricultural products. However, presence of extreme toxicity in hydrazine that can cause seizures & tumors and various environmental and industry regulations imposed by the National Institute for Occupational Safety and Health restrain the market to some extent. On the other hand, rise in demand for polymer foams from the polymer industry presents new opportunities in the upcoming years.

Based on application, the blowing agent segment held the largest market share in 2020, holding nearly one-third of the total market share, and is expected to continue its leadership status during the forecast period. The report also analyzes the segments including water treatment, agrochemicals, pharmaceuticals, and others.

By Application

1. Water Treatment
2. Blowing Agents
3. Agrochemicals
4. Others
5. Pharmaceuticals

Asia-Pacific contributed to the highest share in terms of revenue in 2020, holding more than one-third of the total market share, and is estimated to continue its dominant share by 2030. Moreover, the same region is projected to manifest the fastest CAGR of 5.6% during the forecast period. Other regions discussed in the report include North America, Europe, and LAMEA.

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Key Market Players

1. ARKEMA INC.
2. BAYER AG
3. FISONS PLC
4. ARROW FINE CHEMICALS
5. ARCH CHEMICALS INC.
6. NIPPON CARBIDE INDUSTRIES CO. INC.
7. JAPAN FINECHEM COMPANY
8. LANXESS AG
9. LANSDOWNE CHEMICALS
10. HIDKIM

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Key Benefits For Stakeholders:

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the hydrazine market analysis from 2020 to 2030 to identify the prevailing hydrazine market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the hydrazine market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global hydrazine market trends, key players, market segments, application areas, and market growth strategies.

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