Hydrogen Cyanide Market Analysis, By Demand, By Region, By Applications and Forecast Report Till 2032

Hydrogen Cyanide Introduction: 

Hydrogen Cyanide, also known as prussic acid, is a colorless chemical compound which is highly flammable in nature. Hydrogen Cyanide is manufactured in several ways, the most important process is the Andrussow oxidation in which methane reacts with ammonia in the presence of oxygen and a platinum catalyst. It is also commonly produced as a recovered waste product from the production of acrylonitrile. Hydrogen Cyanide is also obtained from pits that have a pit, such as cherries, apples, and apricots. These fruit pits contain small amounts of mandelonitrile and amygdalin, which slowly releases hydrogen cyanide.

Hydrogen Cyanide Market Overview

The market is segmented by Adiponitrile, Sodium & Potassium Cyanide, Acetone Cyanohydrins and Others. The adiponitrile segment dominates the market because it is extensively used for the production of HMDA which is used for making Nylon 6,6 fibres and resins. It is used in connectors, relays, switches, housings, plugs, cables, knobs and buttons, insulators, transformers, terminal blocks, and coil bobbins. Acetone cyanohydrin is used to produce Methyl Methacrylate (MMA), which is used for coatings and sealants and for the production of polymethyl methacrylate (PMMA). Hydrogen Cyanide is used as a fumigant in the agriculture industry. It is used to protect food production facilities from pest insects that can spoil the products easily. HCN has minimal environmental impact and is used in small amounts as compared to other toxic substances which are used for the same purpose.

Hydrogen Cyanide Region Analysis:

The Asia Pacific region is one of the largest markets for hydrogen cyanide (HCN) due to its growing demand from various industries, including mining, chemical, pharmaceutical, and polymer industries. The increasing demand for HCN in these industries is driven by factors such as the growth of the manufacturing sector, the rising demand for specialty chemicals, and the growing population and urbanization. China is the largest consumer of HCN in the Asia Pacific region, followed by India and Japan. China's dominance in the market can be attributed to the country's high demand for HCN in the production of adiponitrile, a key intermediate in the manufacture of nylon. India's growing chemical and pharmaceutical industries have also contributed to the increasing demand for HCN in the region.

Hydrogen Cyanide Demand Analysis:

The rising demand for hydrogen cyanide in the manufacture of sodium cyanide and potassium cyanide will boost the market in the upcoming years. It is used in the mining of silver and gold.  Its high resistance to corrosion, excellent conductivity, and easy processing make gold a valuable material, when it is necessary to guarantee components for permanent and highly resistant functionality despite environmental impacts. For this reason, gold plays an especially important role in the manufacture of satellites.

Major Players in the Hydrogen Cyanide Market:

  • INEOS
  • Evonik Industries AG
  • Dow Chemical Company
  • Air Liquide
  • Praxair Inc.

Toxicity and safety concerns: Hydrogen cyanide is highly toxic and poses significant safety risks to workers involved in its production, handling, and use. This can limit its production and use, particularly in regions with strict safety regulations. Hydrogen cyanide emissions can have environmental impacts, particularly in terms of air and water pollution. This can lead to increased regulatory scrutiny and limit its use in certain industries. The production of HCN requires specific raw materials, such as ammonia and methane, which can be costly and subject to supply chain disruptions. This can impact the availability and price of HCN.

 

Scope of Report 

The Hydrogen Cyanide (HCN) report describes the global Hydrogen Cyanide (HCN) market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand-Supply Analysis
•  Demand Composition, by Applications
•  Capacity & Production
•  Trade (Import, Export and Net Export)
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Supply Demand Balance 
•  Hydrogen Cyanide (HCN) Market data in terms of volume and value for each end-use 
   at regional and country level
•  Hydrogen Cyanide (HCN) Market analysis for Production, Capacity and Demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment

1.  Introduction
      •  Scope
      •  Market Coverage
          -  Applications
          -  Regions
          -  Countries
      •  Years Considered
          -  Historical - 2016 – 2020
          -  Base - 2021
          -  Forecast Period - 2022 – 2032
      •  Research Methodology
          -  Approach
          -  Research Methodology
          -  Prismane Consulting Market Models
          -  Assumptions & Limitations
          -  Abbreviations & Definitions
          -  Conversion Factors
          -  Data Sources
2.  Market Synopsis 
      •  Market Evolution
      •  Demand-Supply Overview
      •  Industry Structure
      •  Strategic Issues
      •  End-use Trends
      •  Growth Forecast
3.  Economic & Energy Outlook
      •  GDP and Demographics
      •  Monetary & Fiscal Policies
      •  Crude Oil Production and prices
      •  Natural Gas
      •  Electricity Prices
4.  End-use Sector Performance
      •  Chemical
      •  Agriculture
      •  Others
5.  Plants & Projects Analysis
      •  Hydrogen Cyanide (HCN) Production Capacity, by Company
      •  Hydrogen Cyanide (HCN) Production Capacity, by Country and by region
      •  Capacity Overview, By Technology
6.  Introduction to Hydrogen Cyanide (HCN) and Market Overview 
      •  Product Description
      •  Grades & Properties
      •  Raw Material
      •  Manufacturing Process
      •  Environmental Issues
      •  Value Chain
      •  Applications
7.  Market Dynamics and Industry Trends 
      •  Market Dynamics 
          -  Drivers
          -  Restraints
          -  Opportunities
          -  Challenges
8.  Global Hydrogen Cyanide (HCN) Demand-Supply Analysis, By Applications (Volume, Value) (2016–2032)
      •  Strategic Issues
      •  Demand-Supply Analysis and Forecast (2016 – 2032)
          -  Capacity
          -  Capacity Utilization (%)
          -  Production
          -  Imports
          -  Exports
          -  Net Trade
          -  Demand
          -  Demand Growth Rate (%)
          -  Driving Force Analysis
      •  Global Hydrogen Cyanide (HCN) Market, By Applications
          -  Adiponitrile
          -  Sodium & Potassium Cyanide
          -  Acetone Cyanohydrins
          -  Others
9.  Demand-Supply Analysis and Market Review, By Region, By Country (Volume, Value), (2016– 2032)
      •  Strategic Issues
      •  Capacity
      •  Capacity Utilization (%)
      •  Production
      •  Imports
      •  Exports
      •  Net Exports
      •  Demand
      •  Demand Growth Rate (%)
      •  Hydrogen Cyanide (HCN) Market, By Applications
Note: Demand-Supply Analysis has been provided for all major Regions / Countries as mentioned below. The demand-supply (consumption) split by applications has been provided for each of the countries/regions in Volume (Kilotons) and Value (USD Million).
      •  North America
         -  USA
         -  Canada
         -  Mexico
      •  Western Europe
         -  Germany
         -  France
         -  Italy
         -  United Kingdom
         -  Spain
         -  Rest of Western Europe
      •  Central & Eastern Europe
         -  Russia
         -  Poland
         -  Rest of Central & Eastern Europe
      •  Asia-Pacific
         -  China
         -  Japan
         -  India
         -  South Korea
         -  Rest of Asia-Pacific
      •  Central & South America
      •  Middle East & Africa
Note: CAGR will be calculated for all the applications to arrive at the regional/global demand growth for the forecast period (2022 – 2032)
10.  Pricing Analysis
      •  Average Hydrogen Cyanide (HCN) Prices, USD/Kg
      •  Average Hydrogen Cyanide (HCN) prices, by Country 
      •  Average Hydrogen Cyanide (HCN) prices, by Region
      •  Price Forecast
11.  Key Strategic Issues
12.  Business Opportunity Assessment 
      •  Market Attractiveness Assessment
      •  Prospective & Target Market Study
13.  Strategic Recommendation & Suggestions
14.  Company Analysis and Market Share Analysis
      •  Hydrogen Cyanide (HCN) Manufacturers Profiles/ Company Analysis
         -  Basic Details
         - Headquarters, Key Markets
         -  Ownership
         -  Company Financial
         -  Manufacturing Bases
         -  Global Turnover
         -  Total Employee
         -  Product Portfolio / Services / Solutions
         -  Key Business Strategies adopted and Prismane Consulting Overview
         -  Recent Developments
         -  Companies Covered
             -  Asahi Kasei
             -  DuPont
             -  BP Chemicals
             -  Kuraray
             -  Formosa Plastics
             -  Evonik Industries
             -  Sumitomo Chemicals
             -  INEOS Group
             -  Invista
             -  Sinopec
             -  Sterling Chemicals
             -  Mitsubishi Rayon
             -  Adisseo
             -  Other Manufacturers
Note: This section includes company information, company financials, manufacturing bases, and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.
15.  Appendices
      •  Demand-Supply - Regions
      •  Demand-Supply– Countries
      •  Capacities, 2016-2032

Scope of Report 

The Hydrogen Cyanide (HCN) report describes the global Hydrogen Cyanide (HCN) market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand-Supply Analysis
•  Demand Composition, by Applications
•  Capacity & Production
•  Trade (Import, Export and Net Export)
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Supply Demand Balance 
•  Hydrogen Cyanide (HCN) Market data in terms of volume and value for each end-use 
   at regional and country level
•  Hydrogen Cyanide (HCN) Market analysis for Production, Capacity and Demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment


Frequently Asked Questions

What is the demand for hydrogen cyanide?
In 2023, the Hydrogen Cyanide demand is estimated at around 2200 kilotons, while by 2032, it is projected to reach around 2700 kilotons, reflecting a Compound Annual Growth Rate (CAGR) of 2.2%.
What is the use of hydrogen cyanide HCN?
hydrogen cyanide is used in the manufacture of sodium cyanide and potassium cyanide. It is used in the mining of silver and gold.