Global Hydrogen Cyanide Market Size, Share, and Forecasts Report 2017-2022 Featuring Invista, Butachimie, Evonik, Ineos & Dow – Research and Markets

DUBLIN–(BUSINESS WIRE)–The "Global
Hydrogen Cyanide Market – Size, Share, and Forecasts (2017 – 2022)"
report has been added to Research and Markets' offering.

The demand for hydrogen cyanide is driven by a significant demand for
manufacturing of sodium cyanide and potassium cyanide, and is estimated
to have a strong growth during 2017-2022.

The most important driver for hydrogen cyanide market is the demand for
manufacturing of sodium cyanide and potassium cyanide, which are used in
mining of silver and gold, where hydrogen cyanide is used as feedstock.
Another major driver for the hydrogen cyanide market is its increasing
use in production of adiponitrile, which is the precursor to manufacture
nylon 66. On the basis of structure type, the market is segmented into
hydrogen cyanide liquid and hydrogen cyanide gas.

This market is further segmented on the basis of application into sodium
cyanide & potassium cyanide, adiponitrile, acetone cyanohydrin and
others, which consists of DL-Methionine, chelating agents and cyanuric
chloride. The market is dominated by adiponitrile application of
hydrogen cyanide.

The major challenge that hydrogen cyanide market faces is its highly
toxic nature which makes it difficult to transport and store. It is
extremely poisonous, because it binds irreversibly to the iron atom in
the hemoglobin, making it unavailable to transport the vital O2, to the
body's cells and tissues. It also interferes with ATP (adenosine
triphosphate), the main energy storage molecule in the body. The
combination of these two events, rapidly bring the body's metabolism to
a halt, resulting in death.

North America is a major consumer of hydrogen cyanide, due to increase
in demand for nutritional additives. It is followed by Europe and
Asia-Pacific, and these region are expected to witness strong growth
over the forecast period due to high demand for nylon 66, where
adiponitrile is feedstock and increasing use of chelating agents. There
is no international trade for hydrogen cyanide because it is difficult
to transport and store, so most HCN produced is used on site.

Notable Developments in the Market

• In Oct 2016, INVISTA opened its nylon 66 facility, including a new
  215,000-ton hexamethylene diamine (HMD) plant and a 150,000-ton
  polymer plant, at the Shanghai chemical industry park in China which
  is produced from hydrogen cyanide.
• In Feb 2017, CyPlus Idesa opened a sodium cyanide production plant in
  Mexico. CyPlus Idesa is a joint venture between German Evonik and
  Mexican Group IDESA. The new sodium cyanide plant has a capacity of
  40,000 metric tons, and uses state-of-the-art hydrogen cyanide and
  cyanide technologies.

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Future of the Market

8. Competitive Landscape

9. Company Profiles

• Invista
• Butachimie
• Evonik
• Ineos
• Dow

For more information about this report visit https://www.researchandmarkets.com/research/pnl694/global_hydrogen

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Related
Topics: Agrochemicals
and Fertilizers