Global Sodium Cyanide Market Outlook 2021

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.
The Sodium Cyanide is classified into the liquid sodium cyanide and solid sodium cyanide. As of 2019, liquid sodium cyanide segment occupied about 65% of the total revenue share.
Sodium Cyanide is major applied in mining industry, chemical industry, electroplating and others, in 2019, demand for a mining industry dominates the market, with about 65% of the sales volume share.
The Sodium Cyanide market is relative concentrated market. Key players include Cyanco, Chemours, Orica, Australian Gold Reagent, Hebei Chengxin, Anhui Shuguang Chemical Group, Tongsuh Petrochemical, Taekwang Industrial, Tiande Chemical, Lukoil, CyPlus (Evonik), Korund Group, Yingkou Sanzheng, Jincheng Hongsheng Chemical, Changsha Hekang Chemical, Draslovka, Unigel, Sasol Polymers, Imperial Chemical Corporation, Union Group Chemical, etc. The revenue of Top 10 manufacturers accounted about 72% of the global market in 2019.

The global Sodium Cyanide market size is projected to reach US$ 2860.8 million by 2026, from US$ 1970.6 million in 2020, at a CAGR of 6.4% during 2021-2026.
This report focuses on Sodium Cyanide volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Sodium Cyanide market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, etc.

Global Sodium Cyanide Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type, the Sodium Cyanide market is segmented into
Solid Sodium Cyanide
Liquid Sodium Cyanide

Segment by Application
Mining Industry
Chemical Industry

Global Sodium Cyanide Market: Regional Analysis
The Sodium Cyanide market is analysed and market size information is provided by regions (countries). The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type and by Application segment in terms of sales and revenue for the period 2015-2026.
The key regions covered in the Sodium Cyanide market report are:
North America
South Korea
Latin America
Middle East & Africa
Saudi Arabia

Global Sodium Cyanide Market: Competitive Analysis
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 sales by manufacturers during the forecast period of 2015 to 2019.

The major players in global Sodium Cyanide market include:
Australian Gold Reagent
Hebei Chengxin
Anhui Shuguang Chemical Group
Tongsuh Petrochemical
Taekwang Industrial
Tiande Chemical
CyPlus (Evonik)
Korund Group
Yingkou Sanzheng
Jincheng Hongsheng Chemical
Changsha Hekang Chemical
Sasol Polymers
Imperial Chemical Corporation
Union Group Chemical

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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