Global Sodium Cyanide Market was valued at USD xx Bn in 2019 and is expected to reach at USD xx Bn by 2027 at a CAGR of xx% over forecast period 2020-2027.
The report covers an in depth analysis of COVID 19 pandemic impact on Global Sodium Cyanide Market by region and on the key players revenue affected till April 2020 and expected short term and long term impact on the market.
Global Sodium Cyanide Market Dynamic’s;
Sodium cyanide is an inorganic compound, which possesses high reactivity towards metals. It is white colored, water soluble solid, with a molecular formula of NaCN. It is one of the most widely used chemicals worldwide. Sodium cyanide is used in a wide range of industrial applications such as mining, pharmaceuticals, etc. In addition, sodium cyanide is also used in electroplating, and as an insecticide to kill insects and pests. Various factors such as an increasing consumption of sodium cyanide in mining industry, rising demand for sodium cyanide in various end use industries such as inorganic chemicals, and pharmaceuticals as an important precursor are driving the global sodium cyanide market over forecast period.
However, factors such as harmful effects of sodium cyanide on human health & problems associated with skin & eyes and numerous regulations pertaining to the use of sodium cyanide. Agencies, such as International Cyanide Management Code has defined a particular limit on the use of sodium cyanide.
Global Sodium Cyanide Market is segmented by Type, by Application, and by Region. By application, mining industry held 41.65% of market share in 2019 and is expected to keep its dominance over forecast period. An increasing consumption of sodium cyanide in mining industry as an extracting reagent is a major factor driving growth of the global sodium cyanide market currently. This can be attributed to sodium cyanide, being widely used in many industries owing to its economic benefits in extraction of gold and silver. Chemours is a major market player in this application segment. An industry leader for more than 60 years, The Chemours Company acts as a partner and sodium cyanide provider with a seamless supply chain, a commitment to safety, dedicated support, and innovative solutions. Safe, efficient gold cyanidation is essential to extracting ounces of precious metal from tons of ore. As a reliable, end-to-end sodium cyanide supply partner, Chemours aims to help customers keep operations running smoothly.
By geography, Asia Pacific dominated the global market in 2019 and is expected to keep its dominance over forecast period owing to growing demand for sodium cyanide, for mining reagents various in industries in the region. The region is witnessing major growth in China, Japan, Australia and South Korea owing to rapid technological advancements in these countries. Hebei Chengxin is one of the largest producers of sodium cyanide for the gold mining industry in this region. APAC is followed by South America and MEA& Africa.
South America is expected to hold xx% of market over forecast period owing to increasing consumption of sodium cyanide in various end-use industries, especially in pharmaceuticals and mining industries. Additionally, increasing use of sodium cyanide for precious metal mining especially in Brazil and Mexico is expected to create lucrative opportunities for market over forecast period.
Report covers in depth analysis of key development, marketing strategies, value chain, supply chain and company profiles of market leaders, potential players and new entrants. The key players operating in this market are adopting various organic and inorganic growth strategies such as merger& acquisitions, collaborations, expansion, new product launches, joint ventures, strategic alliances and diversification to increase their regional presence and business opeartions.
Australian Gold Reagents Pty Ltd. dominated the global market in 2019 and is expected to keep its dominance over forecast period. Australian Gold Reagents Pty Ltd The sodium cyanide plant, located at CSBP Limited’s chemical and fertiliser complex in Kwinana, is a joint venture between Coogee Chemicals (25% shareholding) and CSBP a subsidiary of Wesfarmers (75% shareholding). The plant is managed by Australian Gold Reagents Pty Ltd (AGR), and has won a number of engineering excellence awards for its innovative design, and emphasis on safety and efficiency. The plant has been capable of producing up to 78,000 tonnes of liquid sodium cyanide per annum. Approximately half of the liquid sodium cyanide produced is used in the local market in Western Australia, whilst the remaining half is converted into solid sodium cyanide and sold in export markets including Africa, South America and Laos.
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The objective of the report is to present a comprehensive analysis of the Global Sodium Cyanide Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Sodium Cyanide Market dynamics, structure by analyzing the market segments and project Global Sodium Cyanide Market. Clear representation of competitive analysis of key players by price, financial position, Product portfolio, growth strategies, and regional presence in the Global Sodium Cyanide Market make the report investor’s guide.
Scope of Global Sodium Cyanide Market
Global Sodium Cyanide Market Segmentation by Type
• Solid sodium cyanide
• Liquid sodium cyanide
Global Sodium Cyanide Market Segmentation by Application
• Mining
• Chemical industry
• Pharmaceutical industry
• Dyes and pigments
Global Sodium Cyanide Market Segmentation by Region
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
Global Sodium Cyanide Market Major Players
• Orica Limited
• Cyanco
• Coogee Chemicals
• Hebei Chengxin
• Australian Gold Reagents Pty Ltd
• Cyplus GmbH (Evonik Subsidiary)
• Union Group Chemical Company S.l
• Azoti
• American Elements
• The Chemours Company
• Orica Limited
• Evonik Industries AG
• Asahi Kasei Corporation
• Changsha Hekang Chemical Co. Ltd
• NanChang Basf Chemical Co. Ltd
• Imperial Chemical Corporation
Major Table Sodium Cyanide Market of Contents Report
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Global Sodium Cyanide Market, by Market Value (US$ Bn) and Volume(Ton)
4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends and Emerging Technologies
5. Supply Side and Demand Side Indicators
6. Global Sodium Cyanide Market Analysis and Forecast
6.1. Global Sodium Cyanide Market Size & Y-o-Y Growth Analysis
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Middle East & Africa
6.1.5. South America
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Pegged to surpass a value pool of nearly US$ 3 Bn by the end of the forecast period (2019-2027), sodium cyanide is primarily used as a reagent in the mining & metallurgy industry for isolation of precious metals.
It is used for efficient extraction of gold from low-grade ore.
Sodium cyanide demand has received a significant uptick in the past five years owing to fluctuation in gold prices.
In Europe and Japan, sodium cyanide market is driven by chelate production, animal feed, dyes & pigments and chemical intermediates vis-a-vis gold consumption.
On this backdrop the global sodium cyanide market is projected to grow at a CAGR of over 4% during the forecast period (2019-2027).In a recent business intelligence study, Fact.MR presents the nitty-gritty of the global sodium cyanide market considering 2014-2018 as the historic year and 2019–2029 as the stipulated timeframe.
Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.The sodium cyanide market study outlines the key regions – Latin America, North America, MEA, Europe and APEJ – along with the countries contributing the most in the respective regions.
The Global Sodium Cyanide Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on type and application.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Sodium Cyanide Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/18070-sodium-cyanide-market-reportThe report also covers the complete competitive landscape of the worldwide market with company profiles of key players such as:AnQoreAustralian Gold Reagents Pty Ltd.Cyanco CorporationCyPlus GmbHKorund LLcNippon Soda Co., Ltd.OJSC LukoilOrica LimitedTaekwang Industrial Co., Ltd.The Chemours CompanyA detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Type:Solid Sodium CyanideLiquid Sodium CyanideBy Application:Mining IndustryChemical IndustryDye And Textile IndustryElectroplating IndustryOtherBy Geography:North America (NA) – US, Canada & Rest of North AmericaEurope (EU) – UK, Germany, France & Rest of EuropeAsia Pacific (APAC) – China, Japan, India & Rest of APACLatin America (LA) – Brazil & Rest of Latin AmericaMiddle East & Africa (MEA) – Middle East and AfricaDownload Free Sample Report of Global Sodium Cyanide Market @ https://www.decisiondatabases.com/contact/download-sample-18070The Global Sodium Cyanide Market has been exhibited in detail in the following chapters –Chapter 1 Sodium Cyanide Market PrefaceChapter 2 Executive SummaryChapter 3 Sodium Cyanide Industry AnalysisChapter 4 Sodium Cyanide Market Value Chain AnalysisChapter 5 Sodium Cyanide Market Analysis By TypeChapter 6 Sodium Cyanide Market Analysis By ApplicationChapter 7 Sodium Cyanide Market Analysis By GeographyChapter 8 Competitive Landscape Of Sodium Cyanide CompaniesChapter 9 Company Profiles Of Sodium Cyanide IndustryPurchase the complete Global Sodium Cyanide Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-18070Other Reports by DecisionDatabases.com:Global Sodium Chloride Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Sodium Lactate Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Sodium Percarbonate Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
The “Global Sodium Cyanide Market” report offers compound growth from the base year and projected until 2026.
The report is further fragmented on the basis of segmentation that involves product type, application, and geography.
Esticast Research and Consulting provides accurate market size and forecast in relation to the major five regions.
The ADS-B implementation by various countries worldwide and ADS-B as an economical alternative for TCAS and ACAS are expected to offer growth opportunities in the upcoming years.For Better Understanding, Try Sample PDF Brochure of Report (including full TOC, Tables and Figures) @ https://www.esticastresearch.com/report/sodium-cyanide-market/#request-for-sampleMarket OverviewThe research report covers various developments across the geography of the Sodium Cyanide market based on the tools of organic as well as inorganic growth strategies.
The market report presented provides key statistics based on the past and current status of the market coupled with key trends and opportunities.The report not only analyses factors responsible for impacting the Sodium Cyanide market on the basis of the value chain but also evaluates industry forces that will highlight the market in the coming years.
The secondary based tools cover a wide spectrum of regions but focuses on key regions that include North America, Europe, Asia Pacific, Middle East, South America, and the Middle East Africa (MEA).What the report features:Forecast and analysis of the global Sodium Cyanide market by the integration of opportunities, applications, market trends, from 2019-2026.Global analysis of the Sodium Cyanide market by a noteworthy progression of the market.Forecast and analysis of global Sodium Cyanide market in five major regions namely Middle East, South America, and the Middle East Africa (MEA), North America, Europe, and the Asia Pacific.List of the Key Players of Sodium Cyanide:American ElementsAsahi Kasei CorporationAustralian Gold Reagents Pty LtdChangsha Hekang Chemical Co., Ltd.Chemicals LimitedCyancoDraslovka Holding B.V.Evonik Industries AGGujarat AlkaliesOrica LimitedPJSC LUKOILSasol LimitedTaekwang Industry Co, Ltd.The Chemours CompanyWesfarmers Limited.
