CHICAGO, May 17, 2023 /PRNewswire/ -- The report "Hydrazine Hydrate Market by Concentration Level (24%-35%, 40%-55%, 60%-85% & 100%), Application (Polymerization & Blowing Agents, Pharmaceuticals, Agrochemicals, Water Treatment), and Region (Asia Pacific, North America, Europe) - Global Forecast to 2027", size was USD 222 million in 2021 and is projected to reach USD 308 million by 2027, at a CAGR of 5.8% from 2022 to 2027.
The market is projected to grow because of rising demand from the agrochemical industry. The agrochemicals industry offers a substantial potential for the use of hydrazine hydrate for advancements in technologies and rapid developments in the manufacturing of agricultural products. Therefore, the rising demand from the agrochemicals industry is a crucial driving factor behind the demand for hydrazine hydrate.
Browse in-depth TOC on "Hydrazine Hydrate Market"
246 – Tables
49 – Figures
226 – Pages
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=172748863
Polymerization & Blowing Agents was the largest application of the hydrazine hydrate market, in terms of value, in 2021
Hydrazine hydrate is used in the production of plastics and rubber chemicals. It is used as a raw material foaming agent or chemical blowing agent. Also, the derivatives of hydrazine hydrates, such as azobis azodicarbonamide and isobutyronitrile, are used as low-temperature blowing agents and polymerization initiators.
60%-85% is estimated to be the largest concentration level of the hydrazine hydrate, in terms of value, during the forecast period.
100%, 60%-85%, 40%-55% and 24%-35% are various market segment based on the concentration level. During the forecast period, 60%-85% is projected to hold the largest market share of hydrazine hydrate. This concentration level is used as a propellant in emergency power units (EPU) in single-engine aircraft, and F16 fighter aircraft. Moreover, it is also used in the manufacturing of veterinary drugs, chemical synthesis, and polymerization processes as an initiator or blowing agent.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=172748863
Asia Pacific is estimated to be the largest market for the hydrazine hydrate market, in terms of value, during the forecast period.
Asia Pacific is projected to be the largest market for hydrazine hydrate, both in terms of value and volume, during the forecast period. One of the major reasons for the growth of the hydrazine hydrate market in the Asia Pacific region is the increasing industrialization and economic development in countries within the region. In addition, less stringent regulations in the region help manufacturers to produce and sell without any hindrance.
Market Players
The key players profiled in the report include Arkema S.A. (France), LANXESS AG (Germany), Lonza Group AG (Switzerland), LGC Science Group Holdings Limited (UK), and Nippon Carbide Industries Co., Inc. (Japan).
Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=172748863
Browse Adjacent Market: Bulk Chemicals and Inorganics Market Research Reports & Consulting
Related Reports:
Blowing Agent Market- Global Forecast to 2026
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/hydrazine-hydrate-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/hydrazine-hydrate.asp
Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg
SOURCE MarketsandMarkets
![](https://rt.prnewswire.com/rt.gif?NewsItemId=IO02970&Transmission_Id=202305170500PR_NEWS_USPR_____IO02970&DateId=20230517)
Share this article