A10584 | Pages: NA | Jul 2022 | 656 Views | | |
Author(s) : NA | Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Sodium Thiocyanate Market
Request Now !Sodium thiocyanate is a colorless, inorganic salt having the chemical formula NaSCN. It is deliquescent in nature and is considered to be a major source of thiocyanate anion. Sodium thiocyanate is produced by the reaction of sulfur and cyanide and is highly soluble in water, ethanol and also in acetone. It has a rhombic crystal system and on thermal decomposition sodium thiocyanate produces fumes of sulfur dioxide, cyanides and oxides of nitrogen. Due to its high reactivity, sodium thiocyanate is used in several end-user industries such as pharmaceutical, construction, fiber and others.
Market scope and structure Analysis:
Report Metric | Details |
Market size available for years | 2019–2027 |
Base year considered | 2019 |
Forecast period | 2020–2027 |
Forecast units | Value (USD) |
Segments covered | Type, Application, Industry Vertical, and Region |
Regions covered | North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa (Saudi Arabia, UAE, Kuwait, South Africa, and Rest of MEA) |
Companies covered | Jiaozuo Henghua Chemical, Dongsheng Chemical, Ronas Chemical, Hebei Chengxin, Taisheng Chemical, Anhui Shuguang Chemical, Shandong Tiancheng Chemical, Honeywell, Henan Province Tianshui Chemical, TaianXintian Environmental Protection Science and Technology and Suzhou Bluewater New Material & Tech. |
COVID-19 scenario analysis:
The outbreak of the novel COVID-19 pandemic across the globe has affected the global sodium thiocyanate market to a great extent.
The major factor that contributed to the growth of the sodium thiocyanate market is its extensive use in the pharmaceutical industry. Sodium thiocyanate acts as a raw material and as a chemical intermediate for a wide range of pharmaceutical products to prevent cyanide poisoning and pityriasis versicolor.
On the other hand, sodium thiocyanate is utilized in the construction industry as well. It is used as a hardening accelerator for concrete and cement mixes. Due to the rapid urbanization across the world, the demand of sodium thiocyanate in the construction industry is expected to increase significant in the forecasted period. Moreover, sodium thiocyanate is also used in the fiber industry as a spinning solvent for polyacrylnitril. It is also used for the manufacture of several herbicides and pesticides used in the agricultural sector, thus the development in the agricultural sector has fueled the growth of the sodium thiocyanate market. However, sodium thiocyanate may cause hazardous effects on the human body which include pulmonary disorder and eye and skin infection on prolonged exposure. Thus the safety issues related to the handling of the compound might act as a restraining factor for the market.
In terms of market size, the Asia-Pacific region holds the largest share of the global sodium thiocyanate market owing to the rapid developments of the pharmaceutical and construction industries of the region. It is followed by the North America region with high demand for sodium thiocyanate in developed nation’s like the U.S.
Key segments covered:
Segments | Sub-segments |
Type |
|
Application | • Chemical Analysis Reagent • Polyacrylonitrile Fiber Spinning Solvent • Color Film Rinses • Defoliants • Propylene Fiber |
Industry Vertical | • Pharmaceutical • Construction • Fiber • Agriculture • Others |
Key benefits of the report:
Questions answered in the Sodium Thiocyanate Market research report:
Key Market Segments
Segments | Sub-segments |
---|---|
By Type |
|
By Application |
|
By End-use Industry |
|
By Region |
|
Key Market Players
Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.
Start reading.
This Report and over 13,000+ thousand more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers