Global Sodium Cyanide Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2020-2026
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
In 2019, the global Sodium Cyanide market size was US$ 2132.1 million and it is expected to reach US$ 3307.4 million by the end of 2026, with a CAGR of 6.4% during 2021-2026.
Global Sodium Cyanide Scope and Market Size
Sodium Cyanide market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Sodium Cyanide market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Sodium Cyanide market is segmented into
Solid Sodium Cyanide
Liquid Sodium Cyanide
Segment by Application, the Sodium Cyanide market is segmented into
Mining Industry
Chemical Industry
Dye and Textile Industry
Pharmaceutical
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Sodium Cyanide market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Sodium Cyanide product introduction, recent developments, Sodium Cyanide sales by region, type, application and by sales channel.
The major companies 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
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
In 2019, the global Sodium Cyanide market size was US$ 2132.1 million and it is expected to reach US$ 3307.4 million by the end of 2026, with a CAGR of 6.4% during 2021-2026.
Global Sodium Cyanide Scope and Market Size
Sodium Cyanide market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Sodium Cyanide market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Sodium Cyanide market is segmented into
Solid Sodium Cyanide
Liquid Sodium Cyanide
Segment by Application, the Sodium Cyanide market is segmented into
Mining Industry
Chemical Industry
Dye and Textile Industry
Pharmaceutical
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Competitive Landscape
and Sodium Cyanide Market Share AnalysisSodium Cyanide market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Sodium Cyanide product introduction, recent developments, Sodium Cyanide sales by region, type, application and by sales channel.
The major companies 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
Frequently Asked Questions
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