Hydrazine Hydrate Market to Reach US536.3 Mn by 2022 due to Heavy Use in Polymer Industry

According to Transparency Market Research’s new market research report, titled ‘Hydrazine Hydrate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022’, hydrazine hydrate is an inorganic compound used in many end-use industries due to its favorable chemical properties. Hydrazine hydrate is typically colorless and has an odor similar to ammonia. It is commercially manufactured using three production processes: the Bayer-Ketazine process, the peroxide process, and the Olin-Raschig process.

These production processes also use various raw materials such as sodium hypochlorite, ammonia, hydrogen peroxide, and acetone along with catalysts to form hydrazine hydrate. The study report states that the global hydrazine hydrate market stood at US$350.0 million in 2013 and is further expected to reach US536.3 million by 2022. Owing to its use in a number of industrial applications, the global market for hydrazine hydrate is expected to expand at a CAGR of 4.9% from 2014 to 2022.

View Exclusive Global Strategic Business Report:

http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4686

The report covers the impact of the various market drivers and restraints acting on the hydrazine hydrate market during the forecast period and highlights the growth opportunities in the hydrazine hydrate market globally and regionally. It also provides a decisive view of the global hydrazine hydrate market by segmenting it in terms of end user segments. The segmentation in the report has been analyzed based on present and future trends. By end use, the report enlists water treatment, agrochemicals, pharmaceuticals, polymerization and blowing agents, and others (including metal purification, etc) as some of the major end-use segments of the hydrazine hydrate market.

As hydrazine hydrate is one of the main blowing agents used in the polymer industry, a strong outlook for polymer foams in the polymer industry is expected to drive the hydrazine hydrate market with significant growth. Polymerization and blowing agents was the largest end-use segment, with a market share of more than 35% in 2013. This segment is expected to be the fastest growing segment of the hydrazine hydrate market until 2022. Besides its usage in the polymer industry, hydrazine hydrate is also used in many other industries such as water treatment and agrochemicals. The global agrochemical industry revenue is expected to grow at a rapid pace between 2013 and 2022. Rise in the production of intermediates used in insecticides and fungicides is anticipated to boost the demand for hydrazine hydrate from the agrochemical industry in the near future.

Browse The Full Article Here:

http://www.transparencymarketresearch.com/hydrazine-hydrate-market.html

Hydrazine hydrate is toxic to humans and its usage is thus limited to a certain extent. However, its use in fuel cells as an effective substitute of polymers can bring about a resurgence of the overall market in major regions such as North America, Europe, and Asia Pacific. By geography, the global hydrazine hydrate market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Among these regions, the highest demand for hydrazine hydrate from the polymer industry as a blowing agent is expected to be observed in Asia Pacific in the next few years.

In 2013, Asia Pacific was the largest regional market for hydrazine hydrate, accounting for over 55% of the market. Furthermore, it is now expected to maintain its leading position in the global market for the next eight years. With China-based manufacturers expanding their existing production facilities to meet the local demand for hydrazine hydrate, the hydrazine hydrate market in Asia Pacific is anticipated to rise rapidly in the next few years.

Hydrazine Hydrate Market: End-User Analysis

Water treatment
Pharmaceuticals
Agrochemicals
Polymerization and blowing agents
Others (Including metal purification, etc.)

Oil and Gas Pipeline Leak Detection Equipment Market Driven by Stringent Government Regulations

Although renewable resources of energy have gained substantial popularity in the recent past, there is no foreseeable limitation to the escalating demand for oil and gas, with the growing population and rapid urbanization. Consequently, the demand in the global market for oil and gas pipeline leak detection equipment is projected for a robust CAGR of 6.8% during the forecast period of 2016 to 2024, according to a recent report by Transparency Market Research (TMR). As per the estimations of the TMR report, the global oil and gas pipeline leak detection equipment market will be worth US$3.65 bn by the end of 2024, significantly up from its evaluated valuation of US$2.02 bn in 2015. Some of the key factors augmenting the demand in the oil and gas pipeline leak detection equipment market are: development and expansion of existing pipelines and construction of new pipelines, increasing incidents of oil and gas leakages in pipeline and storage tanks at production facilities, and

Welding Products Market Growth in Wind Power Sector to Create Opportunities, TMR

The global welding products market is moderately fragmented with the key players such as Lincoln Electric, ESAB, and ITW leading in the market. These three players accounted for a collective share of 30% in 2013, states a new report by Transparency Market Research (TMR). This market is capital intensive and thus, local vendors find it difficult to compete with the larger players. Local players are unable to compete with large players on the basis of quality, services, functionalities, and features. Thus, these small players are entering into the market by introducing products that are low in price. Some of the players operating in the welding products market are: Voestalpine AG, Sonics & Materials Inc., Fronius International GmbH, Rofin-Sinar Technologies Inc., Arcon Welding, Bohler, Panasonic, Daihen Corp, and OBARA Co. In order to increase their production capacities and focus on innovations, companies are adopting the strategy of merging or acquiring other players. Acco

Rapid Prototyping Market - Rapidly Gaining Importance in Aerospace Sector, Research By 2024

Rapid prototyping is a technique in which the physical modeling of a design is done with the help of specialized machining technology. It was developed initially in the mid-1980s, the principle used in this technology is of solid modeling with the help of computer programs (i.e. CAD). Solid modeling makes use of computer aided-design (CAD) data to completely describe not just the external shape of parts or equipment, but its interior volume as well as the outside surfaces. The computer model is sliced into thin layers and the part of the product or commodity to be modelled or developed as per the requirement, is eventually fabricated by adding layers onto each other. Obtain Report Details @ http://www.transparencymarketresearch.com/rapid-prototyping-market.html The primary benefit of the system is that almost any shape can be manufactured using computerized programs. Time and money savings vary from 50% to 90% compared to conventional systems. Types of rapid prototypi

Market Research Reports

Search This Blog