Hydrazine Hydrate Market

Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

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Industry: Chemicals & Materials

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Hydrazine Hydrate Market: Overview

The market size for hydrazine hydrate was USD 495.4 million in 2021, and it is projected to grow at a CAGR of 5.3 percent during the forecast period. In its anhydrous form, hydrazine is a poisonous, colorless sensitizer and irritant that harms the central nervous system, results in seizures, and produces tumors. It is a potent reducer and has a strong odor. In an unstable form, it is quite explosive. Water treatment and polymerization are the two principal applications of hydrazine. Additionally, it's used as rocket fuel to make the gas precursors that go into car airbags. In addition, hydrazine is utilized as a fuel in spacecraft to lower the dissolved oxygen concentration. It also plays a significant role in controlling water pH in industrial boilers.

Numerous procedures, including Raschig, urea, and H2O2, produce hydrazine. The Raschig procedure, out of all of these, is the one that produces hydrazine in large quantities for commercial application. The chemical is primarily used in the manufacture of foaming agents like azodicarbonamide. A thermal breakdown of azodicarbonamide into nitrogen, carbon monoxide, carbon dioxide, and ammonia occurs when it is bubbled via a liquid polymer precursor. As a result, these gases continue to create bubbles in the liquid hydrazine, which then polymerize to produce a foamy and light plastic.

The market is anticipated to grow faster due to the increased frequency of chronic diseases and studies showing cannabis extracts' beneficial benefits in certain conditions. However, a lack of knowledge and comprehension about the multiple advantages in developing nations and a robust regulatory presence regulating CBD usage impede the global industry. Due to the growing need for polymer foams in the polymer sector, there are numerous prospects in the worldwide hydrazine market. Another factor projected to fuel the expansion of the global hydrazine market during the forecast period is various applications of hydrazine in goods, including foamed core pipes, food containers, structural foam, wood grain furniture, and vinyl sheets. Another important factor driving the worldwide hydrazine market is the increase in demand for agrochemicals due to the rise in demand for high-quality agricultural goods, particularly food. One of the primary factors thought to represent serious dangers to the global hydrazine industry is the presence of extremely poisonous hydrazine. The National Institute for Occupational Safety and Health and OSHA, US, additionally implements several environmental and industry rules that significantly restrict the global market.

Hydrazine Hydrate Market: COVID-19 Impact

COVID-19 has had catastrophic effects on corporations, households, industrial enterprises, financial institutions, and infrastructure companies in addition to destroying global trade. Short-term market demand is expected to be constrained by restrictions on international trade and tightening rules on the activities of the chemicals industry.

Additionally, foam producers are being pushed to halt or restrict production operations for non-critical uses. The coronavirus outbreak won't likely impact hydrazine hydrate demand in the pharmaceutical or water treatment industries. Any losses incurred during this time are anticipated to be somewhat offset by applications like pharmaceutical intermediates and the demand for potable water.

Hydrazine Hydrate Market: Drivers

Increasing Usage in Agriculture Sector to Produce Agrochemicals to Drive Market Growth

The primary application of hydrazine hydrate is in agrochemicals such as insecticides, hydrogels, and plant growth agents. Agrochemicals are crucial for increasing agricultural productivity and output. In modern agriculture, chemicals and pesticides protect crops from microorganisms, insects, and other threats. The growing population over the previous few years has caused a reduction in agriculture. The amount of arable land is decreasing due to the rapid industrialization and urbanization caused by increased businesses, homes, buildings, highways, and infrastructure. For instance, harvested land has decreased by around 3.5% during the last eight years. Globally, 1.8 billion hectares of cultivable land were available for harvest in 2010, but that number will drop to 1.3 billion hectares by 2018.

Additionally, it is becoming increasingly important to enhance crop productivity and yield to fulfill the rising food demand caused by the growing population. Potassium is crucial for maintaining soil fertility and enhancing plant health. As a result, the requirement for greater agricultural land productivity due to shrinking agricultural land area is promoting the expansion of this market on a global scale.

A rise in Usage of Hydrazine Hydrate Across Various Industry Verticals is Driving Market Growth

The use of hydrazine in many industry verticals is one of the main factors influencing the market. For instance, it serves as an agent for various transition metals and non-metals, including uranium, plutonium, selenium, and tellurium. Additionally, it serves as a corrosion inhibitor in reactor cooling water and boiler feedwater. In addition, the market is developing as more emphasis is placed on modernizing existing wastewater treatment facilities since potable water is becoming harder to come by, environmental concerns are growing, and people are becoming more aware of the negative effects of drinking contaminated water. Redox reactions, polymerization catalysts, nuclear fuel reprocessing, metal electrolytic plating on glass and polymers, and gas scavengers are a few further notable applications of hydrazine.

Hydrazine Hydrate Market: Restraints

Toxic Nature of Hydrazine Hydrate to Hamper Market Growth

Natural hydrazine hydrate is poisonous. The growth of this business is seriously threatened by the poisonous and carcinogenic characteristics of hydrazine hydrate. The National Institute for Occupational Safety and Health (NIOSH) and the Occupational Safety and Health Administration (OSHA) impose several environmental and industry usage restrictions, which could affect the development of the worldwide hydrazine hydrate market. The Environmental Protection Agency and the International Agency for Research on Cancer (IARC) place hydrazine hydrate in Group 2B. (EPA).

Hydrazine Hydrate Market: Segment Overview

Agrochemicals to Dominate Market due to its Increasing Usage of Hydrazine Hydrate for Pesticides, and Hydrogel

The principal application for hydrazine hydrate is the manufacture of numerous agrochemicals, including insecticides, hydrogel, and many more. Agrochemicals are crucial for increasing agricultural productivity and output. In modern agriculture, chemicals and pesticides protect crops from microorganisms, insects, and other threats.

Global population growth, particularly in Asia and Africa, is boosting the demand for more food. Growing agricultural product production capability allows for the fulfillment of this. This is made worse by various pesticides and insecticides because pests and insects cause damage to crops that results in low crop production. As cultivation areas continue to shrink, so does the agrochemical demand, which raises hydrazine hydrate consumption rates. A major industry that will use hydrazine hydrate as a consumer is projected to be agrochemical.

Increased Application for Chemical Synthesis, 60-85% Category Dominated Market

The sector between 60% and 85% concentration level is predicted to increase at the fastest CAGR during the forecast period, 2022-2027. The primary applications for hydrazine hydrate at concentrations between 60% and 85% include chemical synthesis, the production of veterinary medications, the start of polymerization processes, and a blowing agent. In terms of value, it is expected to be the fastest-growing concentration level segment of the hydrazine hydrate market during the forecast period due to its ability to manufacture hydrazine salts from inorganic acids.

Hydrazine Hydrate Market: Regional Landscape

Asia Pacific to Dominate Market due to Growing Application for Agriculture

The largest portion of the world's hydrazine market is located in Asia-Pacific, which includes nations like China, India, Japan, South Korea, Australia, and the rest of the region. Most of the consumption comes from nations like China and India in this region. With 11% and 10% of the world's total arable land, India and China have the greatest agricultural acreage, indicating a constant need for agrochemicals. Due to significant growth in the end-use sectors, China is anticipated to be one of the major consumers of hydrazine hydrate. The substantial end-user presence in the nation generates a sizable demand for hydrazine hydrate throughout the nation. Utilized in the pharmaceutical sector is hydrazine. Utilizing hydrazine, isoniazid, an antibiotic used to treat tuberculosis, is created. The World Health Organization (WHO) reports that perhaps the six Asian countries had the highest tuberculosis cases. Demand for hydrazine is anticipated to rise due to its use in refining and purifying processes in developing regions like Asia-Pacific during the forecast period.

According to projections, US will hold a sizeable portion of the worldwide hydrazine hydrate market. With a sizable value share in consumption, US is anticipated to dominate the North American hydrazine hydrate market throughout the forecast period. The unusual presence of end-use sectors like medicines, polymer, and others in US makes it a lucrative market for hydrazine hydrate. The demand for hydrazine hydrate is anticipated to increase over the forecast period due to the country's impressive growth in end-use industries. Due to top manufacturers like Arkema Group, LANXESS, and Lonza, the European market had a sizeable market share in 2021. The main driver of the expansion of the regional market is the increasing usage of hydrazine hydrate for various applications in countries like Switzerland, France, and Germany. Due to the scarcity of raw materials, the Middle East & Africa market is anticipated to grow slowly during the review period.

Global Hydrazine Hydrate Market: Competitive Landscape

Arkema introduced a new hydrazine hydrate derivative at France's CPhI 2014 trade event. These novel compounds serve as intermediate steps in producing the active components required to create a variety of medications. Through this development, the company is concentrating on broadening the uses of hydrazine hydrate in the pharmaceuticals sector. In November 2021, the Council of Scientific and Industrial Research & Gujarat Alkalis and Chemicals Limited collaborated on developing environment-friendly process technology for hydrazine hydrate production.

A few of the Hydrazine Hydrate Market players include Arkema, LANXESS, Lonza, Otsuka-MGC Chemical Company, Yaxing Chemical, Yibin Tianyuan Group, HPLA Group, and Hunan Zhuzhou Chemical Group.

Regional Classification of the Global Hydrazine Hydrate Market is Described Below:

North America

  • U.S.
  • Canada


  • Germany
  • France
  • Spain
  • U.K.
  • Italy
  • Russia
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Southeast Asia
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East and Africa

  • GCC
  • South Africa
  • Rest of Middle East and Africa

*Regions and countries are subject to change based on data availability

Key Elements Included In The Study: Global Hydrazine Hydrate Market

  • Hydrazine Hydrate Market by Product/Technology/Grade, Application/End-user, and Region
  • Executive Summary (Opportunity Analysis and Key Trends)
  • Historical Market Size and Estimates, Value and Volume, 2018 - 2022
  • Volume Consumption at Regional and Country Level, 2023 - 2030
  • Market Dynamics and Economic Overview
  • Market Size in Value and Volume, Growth Rates, and Forecast Figures, 2023 - 2030
  • Competitive Intelligence with Financials, Key Developments, and Portfolio of Leading Companies 
  • Regional and Product/Grade/Application/End-user Price Trends Analysis
  • Production Output Analysis (Major Producing Regions)
  • Key Trade Statistics (Import and Export)
  • Value Chain and Five Force’s Analysis
  • Regional/Sub-region/Country Market Size and Trend Analysis
  • Company Market Share Analysis and Key Player Profiles

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