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Hydrogen Cyanide Market - Global Industry Expert Opinions Analysis, Emerging Opportunities, Market Size, Share, Growth Drivers, Market Trends, Statistics And Forecast 2015 - 2020

Report Description

Hydrogen cyanide is also known as prussic acid. Hydrogen cyanide is an inorganic compound that is colorless in nature. Hydrogen cyanide is extremely poisonous liquid which boils at the slightly above room temperature. Hydrogen cyanide is weakly acidic and partially ionizes in the water solutions to form cyanide ions. Hydrogen cyanide has a faint, bitter, almond like smell that sometimes is undetected. Hydrogen cyanide is usually manufactured in large quantities at an industrial scale. Hydrogen cyanide is an essential and highly valuable precursor for the manufacturing of a range of chemical compounds from polymers to that of pharmaceuticals. Hydrogen cyanide is included among the chemical welfare (CW) list of chemicals that are known to be poisonous in nature.

The growing chemical industry is expected to boost the overall global demand for hydrogen cyanide. The major chemicals manufactured using hydrogen cyanide includes cyanohydrins, sodium cyanide, adiponitrile, methionine, cyanuric chlorile and chelating agents. Most of the hydrogen cyanide manufactured is consumed as an intermediate in the production of the range of chemicals. Hydrogen cyanide is widely used in the manufacturing of sodium cyanide and potassium cyanide. Sodium cyanide and potassium cyanide are widely used in the mining of silver and gold. Sodium cyanide and potassium cyanide is also widely used for electroplating of these chemicals. Hydrogen cyanide is also used to manufacture adiponitrile which is the precursor to manufacture nylon 66. Thus the growing carpet industry and other nylon 66 utilizing industries is expected to boost the overall demand for adiponitrile which in turn is expected to augment the global demand for the hydrogen cyanide market. Various chelating agents such as EDTA and NTA are manufactured using hydrogen cyanide. Thus, the growing demand for the chelating agents in the various metal industries is further expected to boost the growth of the global hydrogen cyanide market.

North America is the largest consumer of hydrogen cyanide owing to the increase in the demand for the nutritional additives. Europe is expected to be the second largest consumer of hydrogen cyanide. Owing to the presence of huge population and also due to the emerging economies Asia Pacific is expected to be the major consumer of hydrogen cyanide. Within Asia Pacific China is expected to be the largest consumer among many other countries in this region. Hydrogen cyanide is extremely toxic in nature and hence, most of the hydrogen cyanide is consumed at the production site. Thus, there is no trade or transport of the hydrogen cyanide.

BP Chemicals, Green Lake, DuPont, Memphis, Invista Orange, Rohm and Haas, Syngenta Crop Protection, Sterling, Invista, Degussa and Cyanco among others are some of the key participants of the global hydrogen cyanide market. The companies are mainly striving to increase their production capacities for manufacturing hydrogen cyanide in order to cater the growing demand for manufacturing various chemicals. The increase in the exports of sodium cyanide and adiponitrile is expected to be the key growth factors for hydrogen cyanide. The companies are mainly focused to develop the production facilities for the products that require hydrogen cyanide as its immediate precursor. Most of the companies are striving to achieve improved safety measures in order to avoid any accidents in the production facility. Various safety measures are constantly upgraded by the hydrogen cyanide manufacturing companies in order to prevent any accidents.

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