Hydrazine Hydrate Market Size, Top Companies, Demand/Supply Analysis and Future Market Trends 2019-2023

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Hydrazine Hydrate Market Research Report -
Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Hydrazine Hydrate Market Research Report-
Forecast to 2023
Hydrazine Hydrate Market - Overview
Hydrazine hydrate is a highly reactive, inorganic
chemical compound that is colorless and has a
pungent smell. Owing to its high reactive
property, the product is widely used in
polymerization and pharmaceuticals. It is mainly
used as a foaming agent in polymer foams and in
the manufacturing of pyrazole and its derivatives
in agrochemicals. Furthermore, it is also used to
treat tuberculosis. Increasing demand for
hydrazine hydrate and its derivatives in
polymerization and blowing agents, and
pharmaceuticals is expected to drive the global
market growth. Growing demand for hydrazine
hydrate in fertilizers and plastic products is
further expected to drive the global market
growth. There is an increasing demand for the
product in agrochemicals to increase the crop
yield and enhance the quality of agricultural
products, which is favoring the market growth.
Owing to its properties such as alkalinity,
low-cost, and easy availability, hydrazine
hydrate is considered as a favorable substitute
for hydrogen and oxygen in fuel cell production,
which provides lucrative opportunities to the
market players. There is a growing demand for
substitute chemicals such as Diethyl-hydroxylamine
and 1-Amino-pyrrolizidine in water treatment
which poses a major challenge to hydrazine
hydrate market players. However, the
carcinogenic nature of hydrazine hydrate is
likely to hamper the market growth during the
forecast period. The National Institute for
Occupational Safety and Health (NIOSH), which
provides safety and exposure guidelines for the
hydrazine hydrate limit the use of this product
globally.
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Hydrazine Hydrate Market Research Report-
Forecast to 2023
Segmentation
Hydrazine Hydrate is an inorganic chemical
compound, produced by reacting sodium
hypochlorite with ammonia or urea. It is highly
toxic and corrosive in nature and may react
explosively with heavy metal oxides and
dehydrating agents. The product is used as a
reducing agent in analytical reactions and as a
solvent for many inorganic compounds. It is also
used as a propellant for rocket engines. The
Global Hydrazine Hydrate Market has been
classified on the basis of concentration level,
application, and region. Based on the
concentration level, the Global Hydrazine Hydrate
Market can be divided into 24-35, 40-55,
60-85, and 100. Among these, Hydrazine Hydrate
with a concentration in the range 60-85
accounted for the largest share in 2017 and is
expected to grow at the highest CAGR during the
forecast period, owing to its widespread
applications in the production of veterinary
drugs and blowing agents, chemical synthesis, and
polypropylene catalysts. In addition to this, the
product finds application in the manufacturing of
hydrazine salts from inorganic acids. Based on
Application, the Global Hydrazine Hydrate Market
has been segmented into agrochemicals,
pharmaceuticals, polymerization and blowing
agents, water treatment, and others. Among these,
the polymerization and blowing agents segment
accounted for the largest market share in 2017
and is expected to retain its dominance during
the assessment period, owing to the surging
demand for the product in polymer applications in
electronic gadgets, automobile, and footwear
industries. Hydrazine Hydrate derivatives, such
as azodicarbonamide and azobisisobutyronitrile
are widely used as polymerization initiators and
low temperature blowing agents. The agrochemicals
is expected to grow at a healthy CAGR in the
coming years owing to the large consumer base and
surging demand for fertilizers, insecticides, and
pesticides. Get Research Report Overview _at_
https//www.marketresearchfuture.com/reports/hydra
zine-hydrate-market-6585
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Hydrazine Hydrate Market Research Report-
Forecast to 2023
Regional Outlook
Geographically, the Global Hydrazine Hydrate
Market has been studied across the five regions
Asia-Pacific, North America, Latin America,
Europe, and the Middle East Africa. The
Asia-Pacific market held the largest share of
this market in 2017 and is expected to grow at a
robust CAGR during the forecast period. This was
attributed to the rising consumer demand for
agrochemicals, and polymerization and blowing
agents in this region. In 2017, China was the
largest market in this region owing to the
presence of major manufacturers such as Weifang
Yaxing Chemical Co., Ltd., Hunan Zhuzhou Chemical
Industry Group Co., Ltd., and Capot Chemical Co.,
Ltd. The Indian market is expected to grow at the
highest CAGR in the coming years due to the
rising agri-business, large consumer base, and
increasing per capita income. The European market
is the second major market due to the growing
demand for hydrazine hydrate in corrosion
inhibitors, a reducing agent, water treatment,
and pharmaceuticals. The major countries
attributing to the regional market growth are
Germany, Switzerland, and France.
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Hydrazine Hydrate Market Research Report-
Forecast to 2023
Major Players in this Research

• Hydrazine Hydrate Market Prominent Players
• Otsuka-MGC Chemical Company, Inc. (Japan)
• Japan Finechem Inc. (Japan)
• NIPPON CARBIDE INDUSTRIES CO., INC. (Japan)
• Arkema Group (France)
• LANXESS (Germany)
• Lonza (Switzerland)
• Weifang Yaxing Chemical Co., Ltd. (China)
• Hunan Zhuzhou Chemical Industry Group Co., Ltd.
  (China)
• Capot Chemical Co., Ltd. (China)
• Anbros Consultants And Engineers. (India)
• Arrow Fine Chemicals (India)

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