Global Sodium Cyanide Market Research Report 2020
Sodium Cyanide is an inorganic compound with the formula NaCN. Sodium Cyanide, a white, water-soluble solid, is a kind of important basic chemical raw materials.
Cyanide has a high affinity for metals, which leads to the high toxicity of this salt. Sodium Cyanide’s main application is in gold mining, chemical intermediate. Also exploits its high reactivity toward other metals. When it is treated with acid, it forms the toxic gas hydrogen cyanide.
Under the background of slower economy growth rate, companies face the higher risks of profit decline. Currently, sodium cyanide market has a certain potential in China, Europe, USA and Australia. These areas demand are relatively stable. During these years, China's sodium cyanide industry maintains a rapid growth.
In future, the sodium cyanide industry in the world will turn concentrated. The world sodium cyanide consuming market will still has a certain amount of growth. Global competition is likely to turn to the relationship of competition and cooperation. With the development of economy, Sodium Cyanide has huge market potential in the future. Owing to the increasing of demand in sodium cyanide downstream products, the world sodium cyanide capacity will continue to expand.
This industry is affected by the economy and policy, so it’s important to put an eye to economic situation and region policy. With the global economic recovery, more and more companies pay attention to sodium cyanide industry, this will cause a certain pressure to the industry.
NaOH and HCN are the main raw materials for the production of sodium cyanide. Large and medium-sized companies purchase materials from the large-sized raw materials manufacturers. Some small-sized companies need to buy raw materials from distributors. With the development of sodium cyanide, the raw materials manufacturers are also benefited from the sodium cyanide industry in some extent.
All manufactures in the world are committed to the improvement of product. At the same time, Chinese manufacturers are improving their technology. In future, some Chinese manufactures can catch up with the world's leading technology.
In the world, the consumption areas of sodium cyanide are mainly China, USA, Europe, Australia and Africa. China is the largest production country in the world, which occupied about 23.30% in 2016. The production areas of sodium cyanide are mainly China, Korea, USA, Europe, and the Australia. Moreover, Chemours（DuPont） is the largest manufacturer in the world, which production has reached 86.72K MT in 2017. The global production average growth has reached 6.53% in 2017.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area. In the future, the market in developed countries will have some growth and the market in developing countries will have a faster growth rate. In the globe, emerging economies countries support the mining industry and chemical industry, it will lead the increase of sodium cyanide demand. Therefore, we think entering China market will be a good choice.
Market Analysis and Insights: Global Sodium Cyanide Market
The global Sodium Cyanide market is valued at 2132.1 million US$ in 2020 is expected to reach 3307.4 million US$ by the end of 2026, growing at a CAGR of 6.4% during 2021-2026.
Global Sodium Cyanide Market: 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 also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
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.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Solid Sodium Cyanide
Liquid Sodium Cyanide
Segment by Application
Mining Industry
Chemical Industry
Dye and Textile Industry
Pharmaceutical
Global Sodium Cyanide Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Sodium Cyanide market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Sodium Cyanide Market:
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include Cyanco, Chemours, Australian Gold Reagents, Orica, CyPlus GmbH(Evonik), Taekwang Industrial, Tongsuh Petrochemical, Anhui Shuguang Chemical, Korund, Yingkou Sanzheng, Sasol Polymers, Unique Chemical, Tiande Chemical, Lukoil, Hebei Chengxin, Sinopec, DSM, CNPC, Nippon Soda, Unigel, etc.
Cyanide has a high affinity for metals, which leads to the high toxicity of this salt. Sodium Cyanide’s main application is in gold mining, chemical intermediate. Also exploits its high reactivity toward other metals. When it is treated with acid, it forms the toxic gas hydrogen cyanide.
Under the background of slower economy growth rate, companies face the higher risks of profit decline. Currently, sodium cyanide market has a certain potential in China, Europe, USA and Australia. These areas demand are relatively stable. During these years, China's sodium cyanide industry maintains a rapid growth.
In future, the sodium cyanide industry in the world will turn concentrated. The world sodium cyanide consuming market will still has a certain amount of growth. Global competition is likely to turn to the relationship of competition and cooperation. With the development of economy, Sodium Cyanide has huge market potential in the future. Owing to the increasing of demand in sodium cyanide downstream products, the world sodium cyanide capacity will continue to expand.
This industry is affected by the economy and policy, so it’s important to put an eye to economic situation and region policy. With the global economic recovery, more and more companies pay attention to sodium cyanide industry, this will cause a certain pressure to the industry.
NaOH and HCN are the main raw materials for the production of sodium cyanide. Large and medium-sized companies purchase materials from the large-sized raw materials manufacturers. Some small-sized companies need to buy raw materials from distributors. With the development of sodium cyanide, the raw materials manufacturers are also benefited from the sodium cyanide industry in some extent.
All manufactures in the world are committed to the improvement of product. At the same time, Chinese manufacturers are improving their technology. In future, some Chinese manufactures can catch up with the world's leading technology.
In the world, the consumption areas of sodium cyanide are mainly China, USA, Europe, Australia and Africa. China is the largest production country in the world, which occupied about 23.30% in 2016. The production areas of sodium cyanide are mainly China, Korea, USA, Europe, and the Australia. Moreover, Chemours（DuPont） is the largest manufacturer in the world, which production has reached 86.72K MT in 2017. The global production average growth has reached 6.53% in 2017.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area. In the future, the market in developed countries will have some growth and the market in developing countries will have a faster growth rate. In the globe, emerging economies countries support the mining industry and chemical industry, it will lead the increase of sodium cyanide demand. Therefore, we think entering China market will be a good choice.
Market Analysis and Insights: Global Sodium Cyanide Market
The global Sodium Cyanide market is valued at 2132.1 million US$ in 2020 is expected to reach 3307.4 million US$ by the end of 2026, growing at a CAGR of 6.4% during 2021-2026.
Global Sodium Cyanide Market: 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 also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
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.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Solid Sodium Cyanide
Liquid Sodium Cyanide
Segment by Application
Mining Industry
Chemical Industry
Dye and Textile Industry
Pharmaceutical
Global Sodium Cyanide Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Sodium Cyanide market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Sodium Cyanide Market:
Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include Cyanco, Chemours, Australian Gold Reagents, Orica, CyPlus GmbH(Evonik), Taekwang Industrial, Tongsuh Petrochemical, Anhui Shuguang Chemical, Korund, Yingkou Sanzheng, Sasol Polymers, Unique Chemical, Tiande Chemical, Lukoil, Hebei Chengxin, Sinopec, DSM, CNPC, Nippon Soda, Unigel, etc.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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