The growing R&D activities associated to hydrazine are further expected to increase the market growth owing to the discovery of new applications of it on regular basis.
New York, United States – August 8, 2018 —
The global Hydrazine Market is segmented in by application:-polymerization, blowing agent, water treatment, propellant, precursor to pesticides and pharmaceuticals; by end-user industries:- polymer, agrochemical, pharmaceutical, water treatment and by regions. Hydrazine Market is anticipated to mask a significant CAGR during the forecast period i.e. 2018-2027.
At present the global hydrazine market is observing vibrant growth owing to increasing demand of polymer foams in the market. Advances in aerospace industry in the past few years and growing space explorations are projected to drive hydrazine market besides the wide range of functions of hydrazine in an immense range of products such as foamed core pipes, wood grain furniture, food containers, vinyl sheets and structural foam during the forecast period.
As a precursor to blowing agent in polymer industry, North America is panned to observe substantial hydrazine market growth due to rising hydrazine usage. North America follows Europe in terms of consumption due to expanding hydrazine requirements in agro chemical and water treatment industries. Asia Pacific is expected to drive demand and positively impact hydrazine market growth over the forecast period owing to increasing hydrazine application for refining and purification process.
Growing Applications due to R&D activities
The growing R&D activities associated to hydrazine are further expected to increase the market growth owing to the discovery of new applications of it on regular basis. Application of hydrazine in the recovery of valuable metals escorts towards early recovery and high purity of metals. Hydrazine being an initial compound for several derivatives; amid which, foaming agents for antioxidants, polymers, plastics, polymer cross linking and chain extending agents, as well as biologically active pesticides, herbicides, plant growth regulators and pharmaceuticals is used in various industrial processes.
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However, health hazards associated to the use of hydrazine which includes irritation of eyes, nose and throat leading to conditions of nausea and headaches on exposure to hydrazine can act as a potential hindrance to the global hydrazine market.
The report titled “Global Hydrazine Market: Global Demand Analysis & Opportunity Outlook 2027” delivers detailed overview of the global hydrazine market in terms of market segmentation by application:-polymerization, blowing agent, water treatment, propellant, precursor to pesticides and pharmaceuticals; by end-user industries:-polymer, agrochemical, pharmaceutical, water treatment and by regions.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
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This report also provides the existing competitive scenario of some of the key players of the global hydrazine market which includes company profiling of Bayer AG, Arkema Inc., Lansdowne Chemicals, Lonza, Fisons plc, Arrow Fine Chemicals, Arch Chemicals, Inc., Nippon Carbide Industries Co. Inc., Japan Finechem Company, Inc., HidKim The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global aerospace fasteners market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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