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Hydrogen Cyanide Market is forecast to reach $4.0 billion by 2025, after growing at a CAGR of 1.67% during 2020-2025. Hydrogen cyanide, also called prussic acid, is a chemical compound having the formula, HCN. Hydrogen cyanide is available in the form of toxic liquid or colorless gas, which is highly poisonous. Although it is poisonous, HCN is used in several industrial processes and is a highly valuable precursor to various chemical compounds, ranging from polymers to pharmaceuticals.
Key Takeaways
- Hydrogen Cyanide also found in the smoke of various tobacco products and is also released by combustion of nitrogen-containing organic materials.
- Also, hydrogen cyanide is obtainable from fruits that have a pit, such as cherries, apricots, apples, and bitter almonds, from which almond oil and flavoring are made.
- Hydrogen cyanide is extremely toxic in nature and hence, most of it is consumed at the production site. Thus, there is no trade or transport for hydrogen cyanide.
By Production Process - Segment Analysis
By production process, the global market for hydrogen cyanide is broadly segmented as an and Andrussow process, BMA and others, where Andrussow process are widely used to produce hydrogen cyanide. The Andrussow Process is an industrial process for HCN production, named after its developer Leonid Andrussow, which involves the reaction of methane and ammonia in the presence of oxygen and a platinum catalyst for producing Hydrogen Cyanide. It is an exothermic process is the most widely used method for direct synthesis of Hydrogen Cyanide.
By Application - Segment Analysis
From last few years, the major use of Hydrogen Cyanide has been in the production of Adiponitrile. It is used exclusively for producing Hexamethylene Diamine (HMDA), of which majority is used to make Nylon- 66 fibers and resins. In Electronics, it is used in connectors, relays, switches, housings, plugs, cables, knobs and buttons, input/output ports, face plates, insulators, transformers, terminal blocks, and coil bobbins. Acetone cyanohydrin is used primarily to produce Methyl Methacrylate (MMA), which is in turn used for coatings and sealants and for poly-methyl-methacrylate production. MMA can also be produced from ethylene. Lucite International has developed Alpha Technology, a new, patented technology that uses ethylene, methanol and carbon monoxide.
Geography - Segment Analysis
APAC region holds the major share in hydrogen cyanide market. China holds the majority share of the market with XX% followed by Japan and India with XX% and XX% of the total Asia-Pacific market respectively. In China, the demand for and production of acrylonitrile are huge, so investigation of the possibilities of disposal of the wastewater generated is of great practical significance. The by-products in the process of propylene ammoxidation are mainly hydrogen cyanide, acetonitrile, acrolein, carbon dioxide, and carbon monoxide. Some of the initiatives taken by the government is propelling the growth of the market in India. For instance, the Government of India’s initiative of ‘Make in India’ is predicted to boost the demand for adiponitrile (ADN) which is leading to an increase in demand for HCN in India.
Drivers – Hydrogen Cyanide Market
- Growing demand in manufacturing sodium cyanide and potassium cyanide
The major driver of the hydrogen cyanide market is the demand for manufacturing of sodium cyanide and potassium cyanide, used in the mining of silver and gold. The growing application of gold. About 10 % of the extracted gold is used in the production of electronic goods and technical equipment. Its high resistance to corrosion, excellent conductivity and easy processing makes gold a very valuable material, especially when it is necessary to guarantee individual components for permanent and a highly resistant functionality despite environmental influences. For this reason, gold plays an especially important role in the manufacture of satellites.
Challenges – Hydrogen Cyanide Market
- The high toxicity of hydrogen cyanide is the major factor that constraints the market growth
The major factor that restrain the market growth if its high toxic nature of the compound, which makes it difficult for transportation and storage. Owning to this, various manufacturers faces problem in order to import hydrogen cyanide, and even it is much expensive in transportation cost. Due to this, the manufacturers does not use this compound directly to manufacture the products.
Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Hydrogen Cyanide market. In 2019, the market of Hydrogen Cyanide has been consolidated by the top five players accounting for xx% of the share. Hydrogen Cyanide Market top 10 companies are LLC, Evonik Industries, Cornerstone Chemical Company, Sinopec, Bluestar Adisseo, BP Chemicals, Sumitomo Chemical, Dow-DuPont, INEOS Group Holdings S.A. and Taekwang Industrial Co., Ltd., among others.
Acquisitions/Technology Launches:
- On August 2018, Ascend Performance Materials, the largest fully integrated producer of nylon 6,6 resin, has purchased Britannia Techno Polymer.
- In December 2017, Cornerstone Chemical Company, a leading manufacturer of key intermediate and specialty chemicals announced it has licensed from The Chemours Company a world-scale HCN production technology package to significantly increase its on-site HCN production.
1. Hydrogen Cyanide Market - Overview
1.1 Definitions and Scope
2. Hydrogen Cyanide Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Hydrogen Cyanide Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Hydrogen Cyanide Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Hydrogen Cyanide Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Hydrogen Cyanide Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Hydrogen Cyanide Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Hydrogen Cyanide Market - By Product Type (Market Size -$Million / $Billion)
9. Hydrogen Cyanide Market - By Structure Type (Market Size -$Million / $Billion)
11.1 Hydrogen Cyanide Market - North America Segment Research
11.2 North America Market Research (Million / $Billion)
11.2.1 Segment type Size and Market Size Analysis
11.2.2 Revenue and Trends
11.2.3 Application Revenue and Trends by type of Application
11.2.4 Company Revenue and Product Analysis
11.2.5 North America Product type and Application Market Size
11.2.5.1 U.S
11.2.5.2 Canada
11.2.5.3 Mexico
11.2.5.4 Rest of North America
11.3 Hydrogen Cyanide- South America Segment Research
11.4 South America Market Research (Market Size -$Million / $Billion)
11.4.1 Segment type Size and Market Size Analysis
11.4.2 Revenue and Trends
11.4.3 Application Revenue and Trends by type of Application
11.4.4 Company Revenue and Product Analysis
11.4.5 South America Product type and Application Market Size
11.4.5.1 Brazil
11.4.5.2 Venezuela
11.4.5.3 Argentina
11.4.5.4 Ecuador
11.4.5.5 Peru
11.4.5.6 Colombia
11.4.5.7 Costa Rica
11.4.5.8 Rest of South America
11.5 Hydrogen Cyanide- Europe Segment Research
11.6 Europe Market Research (Market Size -$Million / $Billion)
11.6.1 Segment type Size and Market Size Analysis
11.6.2 Revenue and Trends
11.6.3 Application Revenue and Trends by type of Application
11.6.4 Company Revenue and Product Analysis
11.6.5 Europe Segment Product type and Application Market Size
11.6.5.1 U.K
11.6.5.2 Germany
11.6.5.3 Italy
11.6.5.4 France
11.6.5.5 Netherlands
11.6.5.6 Belgium
11.6.5.7 Denmark
11.6.5.8 Spain
11.6.5.9 Rest of Europe
11.7 Hydrogen Cyanide - APAC Segment Research
11.8 APAC Market Research (Market Size -$Million / $Billion)
11.8.1 Segment type Size and Market Size Analysis
11.8.2 Revenue and Trends
11.8.3 Application Revenue and Trends by type of Application
11.8.4 Company Revenue and Product Analysis
11.8.5 APAC Segment - Product type and Application Market Size
11.8.5.1 China
11.8.5.2 Australia
11.8.5.3 Japan
11.8.5.4 South Korea
11.8.5.5 India
11.8.5.6 Taiwan
11.8.5.7 Malaysia
11.8.5.8 Hong kong
11.8.5.9 Rest of APAC
11.9 Hydrogen Cyanide - Middle East Segment and Africa Segment Research
11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
11.10.1 Segment type Size and Market Size Analysis
11.10.2 Revenue and Trend Analysis
11.10.3 Application Revenue and Trends by type of Application
11.10.4 Company Revenue and Product Analysis
11.10.5 Middle East Segment Product type and Application Market Size
11.10.5.1 Israel
11.10.5.2 Saudi Arabia
11.10.5.3 UAE
11.10.6 Africa Segment Analysis
11.10.6.1 South Africa
11.10.6.2 Rest of Middle East & Africa
12. Hydrogen Cyanide Market - Entropy
12.1 New product launches
12.2 M&A s, collaborations, JVs and partnerships
13. Hydrogen Cyanide Market - Industry / Segment Competition landscape Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Top companies
13.1.2 Market Share by Region- Top 10 companies
13.1.3 Market Share by type of Application - Top 10 companies
13.1.4 Market Share by type of Product / Product category- Top 10 companies
13.1.5 Market Share at global level - Top 10 companies
13.1.6 Best Practises for companies
14. Hydrogen Cyanide Market - Key Company List by Country Premium
15. Hydrogen Cyanide Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Adisseo
15.3 Asahi Kasei
15.4 Bp Chemical
15.5 Butachimie
15.6 Cornerstone
15.7 Csbp
15.8 Cyanco
15.9 Dowdupont
15.10 Evonik Industry
15.11 Formosa Plastic
15.12 Ineos
15.13 Invista
15.14 Kuraray
15.15 Sterling Chemical
15.16 Sumitomo Chemical
15.17 Company 16
15.18 Company 17 & More
16.1 Abbreviations
16.2 Sources
17. Hydrogen Cyanide Market - Methodology
17.1 Research Methodology
17.1.1 Company Expert Interviews
17.1.2 Industry Databases
17.1.3 Associations
17.1.4 Company News
17.1.5 Company Annual Reports
17.1.6 Application Trends
17.1.7 New Products and Product database
17.1.8 Company Transcripts
17.1.9 R&D Trends
17.1.10 Key Opinion Leaders Interviews
17.1.11 Supply and Demand Trends
1.1 Definitions and Scope
2. Hydrogen Cyanide Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Hydrogen Cyanide Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Hydrogen Cyanide Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Hydrogen Cyanide Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Hydrogen Cyanide Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Hydrogen Cyanide Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Hydrogen Cyanide Market - By Product Type (Market Size -$Million / $Billion)
9. Hydrogen Cyanide Market - By Structure Type (Market Size -$Million / $Billion)
9.1 Hydrogen Cyanide (HCN) Liquid
9.2 Hydrogen Cyanide (HCN) Gas
10. Hydrogen Cyanide - By Application (Market Size -$Million / $Billion) 10.1 Sodium Cyanide & Potassium Cyanide
10.2 Adiponitrile
10.3 Acetone Cyanohydrin
10.4 Others
11. Hydrogen Cyanide- By Geography (Market Size -$Million / $Billion)11.1 Hydrogen Cyanide Market - North America Segment Research
11.2 North America Market Research (Million / $Billion)
11.2.1 Segment type Size and Market Size Analysis
11.2.2 Revenue and Trends
11.2.3 Application Revenue and Trends by type of Application
11.2.4 Company Revenue and Product Analysis
11.2.5 North America Product type and Application Market Size
11.2.5.1 U.S
11.2.5.2 Canada
11.2.5.3 Mexico
11.2.5.4 Rest of North America
11.3 Hydrogen Cyanide- South America Segment Research
11.4 South America Market Research (Market Size -$Million / $Billion)
11.4.1 Segment type Size and Market Size Analysis
11.4.2 Revenue and Trends
11.4.3 Application Revenue and Trends by type of Application
11.4.4 Company Revenue and Product Analysis
11.4.5 South America Product type and Application Market Size
11.4.5.1 Brazil
11.4.5.2 Venezuela
11.4.5.3 Argentina
11.4.5.4 Ecuador
11.4.5.5 Peru
11.4.5.6 Colombia
11.4.5.7 Costa Rica
11.4.5.8 Rest of South America
11.5 Hydrogen Cyanide- Europe Segment Research
11.6 Europe Market Research (Market Size -$Million / $Billion)
11.6.1 Segment type Size and Market Size Analysis
11.6.2 Revenue and Trends
11.6.3 Application Revenue and Trends by type of Application
11.6.4 Company Revenue and Product Analysis
11.6.5 Europe Segment Product type and Application Market Size
11.6.5.1 U.K
11.6.5.2 Germany
11.6.5.3 Italy
11.6.5.4 France
11.6.5.5 Netherlands
11.6.5.6 Belgium
11.6.5.7 Denmark
11.6.5.8 Spain
11.6.5.9 Rest of Europe
11.7 Hydrogen Cyanide - APAC Segment Research
11.8 APAC Market Research (Market Size -$Million / $Billion)
11.8.1 Segment type Size and Market Size Analysis
11.8.2 Revenue and Trends
11.8.3 Application Revenue and Trends by type of Application
11.8.4 Company Revenue and Product Analysis
11.8.5 APAC Segment - Product type and Application Market Size
11.8.5.1 China
11.8.5.2 Australia
11.8.5.3 Japan
11.8.5.4 South Korea
11.8.5.5 India
11.8.5.6 Taiwan
11.8.5.7 Malaysia
11.8.5.8 Hong kong
11.8.5.9 Rest of APAC
11.9 Hydrogen Cyanide - Middle East Segment and Africa Segment Research
11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
11.10.1 Segment type Size and Market Size Analysis
11.10.2 Revenue and Trend Analysis
11.10.3 Application Revenue and Trends by type of Application
11.10.4 Company Revenue and Product Analysis
11.10.5 Middle East Segment Product type and Application Market Size
11.10.5.1 Israel
11.10.5.2 Saudi Arabia
11.10.5.3 UAE
11.10.6 Africa Segment Analysis
11.10.6.1 South Africa
11.10.6.2 Rest of Middle East & Africa
12. Hydrogen Cyanide Market - Entropy
12.1 New product launches
12.2 M&A s, collaborations, JVs and partnerships
13. Hydrogen Cyanide Market - Industry / Segment Competition landscape Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Top companies
13.1.2 Market Share by Region- Top 10 companies
13.1.3 Market Share by type of Application - Top 10 companies
13.1.4 Market Share by type of Product / Product category- Top 10 companies
13.1.5 Market Share at global level - Top 10 companies
13.1.6 Best Practises for companies
14. Hydrogen Cyanide Market - Key Company List by Country Premium
15. Hydrogen Cyanide Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Adisseo
15.3 Asahi Kasei
15.4 Bp Chemical
15.5 Butachimie
15.6 Cornerstone
15.7 Csbp
15.8 Cyanco
15.9 Dowdupont
15.10 Evonik Industry
15.11 Formosa Plastic
15.12 Ineos
15.13 Invista
15.14 Kuraray
15.15 Sterling Chemical
15.16 Sumitomo Chemical
15.17 Company 16
15.18 Company 17 & More
*Financials would be provided on a best efforts basis for private companies
16. Hydrogen Cyanide Market - Appendix16.1 Abbreviations
16.2 Sources
17. Hydrogen Cyanide Market - Methodology
17.1 Research Methodology
17.1.1 Company Expert Interviews
17.1.2 Industry Databases
17.1.3 Associations
17.1.4 Company News
17.1.5 Company Annual Reports
17.1.6 Application Trends
17.1.7 New Products and Product database
17.1.8 Company Transcripts
17.1.9 R&D Trends
17.1.10 Key Opinion Leaders Interviews
17.1.11 Supply and Demand Trends