Hydrazine Hydrate Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Application (Pharmaceuticals, Polymerization and Blowing Agents, Agrochemicals, Water Treatment, Others), By Region and Competition

October 2023 | 178 pages | ID: H3DDEF78A7BBEN
TechSci Research

Abstracts

The Global Hydrazine Hydrate Market achieved a valuation of USD 430.15 million in 2022 and is expected to experience significant growth during the forecast period, with a projected Compound Annual Growth Rate (CAGR) of 4.69% through 2028 and is expected to reach at USD 571.70 million by 2028. Hydrazine hydrate, a highly reactive and versatile chemical compound, finds applications across various industries, including pharmaceuticals, agrochemicals, water treatment, and polymerization. It serves as a crucial reducing agent, oxygen scavenger, and chemical intermediate in the production of various compounds.

Growing Demand for Hydrazine Hydrate in Pharmaceutical Applications

Hydrazine hydrate plays a significant role in various drug synthesis processes, acting as a crucial catalytic agent. It is widely recognized for its versatile applications in the production of pharmaceutical intermediates, including hydrazones, hydrazides, and azides. These intermediates serve as key building blocks in the synthesis of numerous drugs, including anti-cancer medications, anti-inflammatory agents, and antiviral drugs.

As a catalyst, hydrazine hydrate facilitates essential reactions in drug synthesis, such as reduction, condensation, and cyclization, enabling chemists to achieve high yields, selectivity, and purity. This supports the development of pharmaceutical compounds with superior quality, driving the demand for hydrazine hydrate in drug synthesis.

Moreover, hydrazine hydrate finds utility in chemical synthesis and derivatization processes to modify and enhance the properties of pharmaceutical compounds. It reacts with various functional groups, offering chemists a versatile tool to introduce desired functionalities or alter the physicochemical properties of drugs. This contributes to the development of new drug molecules with improved bioavailability, stability, and targeted therapeutic effects.

Additionally, hydrazine hydrate serves as an oxygen scavenger in pharmaceutical packaging, effectively removing residual oxygen from drug containers. This extends the shelf life of pharmaceutical products, ensuring their efficacy and safety over time. This application has gained significant traction in the industry, further boosting the demand for hydrazine hydrate.

Growing Demand for Hydrazine Hydrate in Agriculture Applications

Hydrazine hydrate plays a pivotal role in agriculture by enhancing crop yield and improving the quality of agricultural produce. It serves as an effective plant growth regulator, promoting healthy plant growth, increasing photosynthesis efficiency, and enhancing nutrient uptake by crops. This leads to higher crop yields, improved resistance to environmental stresses, and effective mitigation of diseases and pests.

Hydrazine hydrate also acts as a root growth enhancer, stimulating robust root development for plants. Strong root systems provide better access to essential nutrients and water from the soil, resulting in improved overall plant health and vitality.

Additionally, hydrazine hydrate aids in stress mitigation and disease control in agricultural crops, helping plants cope with various stress factors and combat plant diseases caused by bacteria and fungi.

As the agricultural industry seeks sustainable practices and optimal crop production, hydrazine hydrate has emerged as a valuable and versatile tool.

Key Market Challenges

Harmful Properties of Hydrazine Hydrate

One of the primary challenges associated with hydrazine hydrate is its high toxicity. Exposure to hydrazine hydrate can lead to severe health issues, including skin and eye irritation, respiratory problems, and potential damage to vital organs. Strict regulatory measures are in place to ensure safe handling, storage, and transportation of hydrazine hydrate, which can pose challenges for its market growth.

Furthermore, hydrazine hydrate can have adverse environmental effects if improperly disposed of or accidentally released into ecosystems. It can contaminate water sources, harm aquatic life, and contribute to air pollution. Environmental concerns have led to increased scrutiny and regulations surrounding its use.

The volatility and flammability of hydrazine hydrate add complexity to its handling and storage, necessitating special precautions and safety measures to prevent accidents.

Key Market Trends

Growing Demand for Polymerization and Blowing Agents

The demand for polymer foams, particularly in industries such as automotive, construction, and packaging, has been on the rise. Lightweight polymer foams offer advantages such as improved fuel efficiency, reduced energy consumption, and enhanced product protection during transportation. Polymerization agents and blowing agents, with hydrazine hydrate playing a crucial role in both, are essential for the production of polymer foams.

Polymerization agents facilitate the formation of polymers by linking monomers together, while blowing agents introduce a cellular structure within polymers, resulting in lightweight materials with excellent insulation properties. The adoption of polymer foams across industries has fueled the demand for both polymerization and blowing agents.

Regional Insights

Asia Pacific leads the Global Hydrazine Hydrate Market in 2022, driven by its significant role in agriculture, plastics manufacturing, and water treatment. Hydrazine derivatives find applications in herbicides, fungicides, plant growth regulators, and plastic production. The continuous advancements in these sectors, along with efforts to address water treatment needs, contribute to the growing demand for hydrazine hydrate in the Asia Pacific region.

Key Market Players

Arkema Inc.

Capot Chemical Co. Ltd

HAIHANG INDUSTRY CO. LTD

Hangzhou Dayangchem Co. Ltd

Japan Finechem Inc.

LANXESS AG

Lonza

Matrix Fine Chemicals GmbH

NIPPON CARBIDE INDUSTRIES CO. INC.

Otsuka-MGC Chemical Company Inc.

Report Scope:

In this report, the Global Hydrazine Hydrate Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Hydrazine Hydrate Market, By Application:
• Pharmaceuticals
• Polymerization and Blowing Agents
• Agrochemicals
• Water Treatment
• Others
• Hydrazine Hydrate Market, By Region:
• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia-Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE
• Kuwait
• Turkey
• Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Hydrazine Hydrate Market.

Available Customizations:

Global Hydrazine Hydrate Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Contents

1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
  1.2.1. Markets Covered
  1.2.2. Years Considered for Study
  1.2.3. Key Market Segmentations

2. RESEARCH METHODOLOGY

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Applications
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. EXECUTIVE SUMMARY

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. IMPACT OF COVID-19 ON GLOBAL HYDRAZINE HYDRATE MARKET


5. VOICE OF CUSTOMER


6. GLOBAL HYDRAZINE HYDRATE MARKET OUTLOOK

6.1. Market Size & Forecast
  6.1.1. By Value & Volume
6.2. Market Share & Forecast
  6.2.1. By Application (Pharmaceuticals, Polymerization and Blowing Agents, Agrochemicals, Water Treatment, Others)
  6.2.2. By Region
  6.2.3. By Company (2022)
6.3. Market Map

7. ASIA PACIFIC HYDRAZINE HYDRATE MARKET OUTLOOK

7.1. Market Size & Forecast
  7.1.1. By Value & Volume
7.2. Market Share & Forecast
  7.2.1. By Application
  7.2.2. By Country
7.3. Asia Pacific: Country Analysis
  7.3.1. China Hydrazine Hydrate Market Outlook
    7.3.1.1. Market Size & Forecast
      7.3.1.1.1. By Value & Volume
    7.3.1.2. Market Share & Forecast
      7.3.1.2.1. By Application
  7.3.2. India Hydrazine Hydrate Market Outlook
    7.3.2.1. Market Size & Forecast
      7.3.2.1.1. By Value & Volume
    7.3.2.2. Market Share & Forecast
      7.3.2.2.1. By Application
  7.3.3. Australia Hydrazine Hydrate Market Outlook
    7.3.3.1. Market Size & Forecast
      7.3.3.1.1. By Value & Volume
    7.3.3.2. Market Share & Forecast
      7.3.3.2.1. By Application
  7.3.4. Japan Hydrazine Hydrate Market Outlook
    7.3.4.1. Market Size & Forecast
      7.3.4.1.1. By Value & Volume
    7.3.4.2. Market Share & Forecast
      7.3.4.2.1. By Application
  7.3.5. South Korea Hydrazine Hydrate Market Outlook
    7.3.5.1. Market Size & Forecast
      7.3.5.1.1. By Value & Volume
    7.3.5.2. Market Share & Forecast
      7.3.5.2.1. By Application

8. EUROPE HYDRAZINE HYDRATE MARKET OUTLOOK

8.1. Market Size & Forecast
  8.1.1. By Value & Volume
8.2. Market Share & Forecast
  8.2.1. By Application
  8.2.2. By Country
8.3. Europe: Country Analysis
  8.3.1. France Hydrazine Hydrate Market Outlook
    8.3.1.1. Market Size & Forecast
      8.3.1.1.1. By Value & Volume
    8.3.1.2. Market Share & Forecast
      8.3.1.2.1. By Application
  8.3.2. Germany Hydrazine Hydrate Market Outlook
    8.3.2.1. Market Size & Forecast
      8.3.2.1.1. By Value & Volume
    8.3.2.2. Market Share & Forecast
      8.3.2.2.1. By Application
  8.3.3. Spain Hydrazine Hydrate Market Outlook
    8.3.3.1. Market Size & Forecast
      8.3.3.1.1. By Value & Volume
    8.3.3.2. Market Share & Forecast
      8.3.3.2.1. By Application
  8.3.4. Italy Hydrazine Hydrate Market Outlook
    8.3.4.1. Market Size & Forecast
      8.3.4.1.1. By Value & Volume
    8.3.4.2. Market Share & Forecast
      8.3.4.2.1. By Application
  8.3.5. United Kingdom Hydrazine Hydrate Market Outlook
    8.3.5.1. Market Size & Forecast
      8.3.5.1.1. By Value & Volume
    8.3.5.2. Market Share & Forecast
      8.3.5.2.1. By Application

9. NORTH AMERICA HYDRAZINE HYDRATE MARKET OUTLOOK

9.1. Market Size & Forecast
  9.1.1. By Value & Volume
9.2. Market Share & Forecast
  9.2.1. By Application
  9.2.2. By Country
9.3. North America: Country Analysis
  9.3.1. United States Hydrazine Hydrate Market Outlook
    9.3.1.1. Market Size & Forecast
      9.3.1.1.1. By Value & Volume
    9.3.1.2. Market Share & Forecast
      9.3.1.2.1. By Application
  9.3.2. Mexico Hydrazine Hydrate Market Outlook
    9.3.2.1. Market Size & Forecast
      9.3.2.1.1. By Value & Volume
    9.3.2.2. Market Share & Forecast
      9.3.2.2.1. By Application
  9.3.3. Canada Hydrazine Hydrate Market Outlook
    9.3.3.1. Market Size & Forecast
      9.3.3.1.1. By Value & Volume
    9.3.3.2. Market Share & Forecast
      9.3.3.2.1. By Application

10. SOUTH AMERICA HYDRAZINE HYDRATE MARKET OUTLOOK

10.1. Market Size & Forecast
  10.1.1. By Value & Volume
10.2. Market Share & Forecast
  10.2.1. By Application
  10.2.2. By Country
10.3. South America: Country Analysis
  10.3.1. Brazil Hydrazine Hydrate Market Outlook
    10.3.1.1. Market Size & Forecast
      10.3.1.1.1. By Value & Volume
    10.3.1.2. Market Share & Forecast
      10.3.1.2.1. By Application
  10.3.2. Argentina Hydrazine Hydrate Market Outlook
    10.3.2.1. Market Size & Forecast
      10.3.2.1.1. By Value & Volume
    10.3.2.2. Market Share & Forecast
      10.3.2.2.1. By Application
  10.3.3. Colombia Hydrazine Hydrate Market Outlook
    10.3.3.1. Market Size & Forecast
      10.3.3.1.1. By Value & Volume
    10.3.3.2. Market Share & Forecast
      10.3.3.2.1. By Application

11. MIDDLE EAST AND AFRICA HYDRAZINE HYDRATE MARKET OUTLOOK

11.1. Market Size & Forecast
  11.1.1. By Value & Volume
11.2. Market Share & Forecast
  11.2.1. By Application
  11.2.2. By Country
11.3. MEA: Country Analysis
  11.3.1. South Africa Hydrazine Hydrate Market Outlook
    11.3.1.1. Market Size & Forecast
      11.3.1.1.1. By Value & Volume
    11.3.1.2. Market Share & Forecast
      11.3.1.2.1. By Application
  11.3.2. Saudi Arabia Hydrazine Hydrate Market Outlook
    11.3.2.1. Market Size & Forecast
      11.3.2.1.1. By Value & Volume
    11.3.2.2. Market Share & Forecast
      11.3.2.2.1. By Application
  11.3.3. UAE Hydrazine Hydrate Market Outlook
    11.3.3.1. Market Size & Forecast
      11.3.3.1.1. By Value & Volume
    11.3.3.2. Market Share & Forecast
      11.3.3.2.1. By Application
  11.3.4. Egypt Hydrazine Hydrate Market Outlook
    11.3.4.1. Market Size & Forecast
      11.3.4.1.1. By Value & Volume
    11.3.4.2. Market Share & Forecast
      11.3.4.2.1. By Application

12. MARKET DYNAMICS

12.1. Drivers
12.2. Challenges

13. MARKET TRENDS & DEVELOPMENTS

13.1. Recent Developments
13.2. Product Launches
13.3. Mergers & Acquisitions

14. GLOBAL HYDRAZINE HYDRATE MARKET: SWOT ANALYSIS


15. PORTER’S FIVE FORCES ANALYSIS

15.1. Competition in the Industry
15.2. Potential of New Entrants
15.3. Power of Suppliers
15.4. Power of Customers
15.5. Threat of Substitute Product

16. PESTLE ANALYSIS


17. PRICING ANALYSIS


18. COMPETITIVE LANDSCAPE

18.1. Business Overview
18.2. Company Snapshot
18.3. Products & Services
18.4. Financials (In case of listed companies)
18.5. Recent Developments
  18.5.1. Arkema Inc.
  18.5.2. Capot Chemical Co. Ltd
  18.5.3. HAIHANG INDUSTRY CO. LTD
  18.5.4. Hangzhou Dayangchem Co. Ltd
  18.5.5. Japan Finechem Inc.
  18.5.6. LANXESS AG
  18.5.7. Lonza
  18.5.8. Matrix Fine Chemicals GmbH
  18.5.9. NIPPON CARBIDE INDUSTRIES CO. INC.
  18.5.10. Otsuka-MGC Chemical Company Inc.

19. STRATEGIC RECOMMENDATIONS


20. ABOUT US & DISCLAIMER