Hydrazine Hydrate Market has been classified on the basis of concentration level, application, and region. Based on the concentration level, the global hydrazine hydrate market can be divided into 24%-35%, 40%-55%, 60%-85%, and 100%. Among these, hydrazine hydrate with a concentration in the range 60%-85% accounted for the largest share in 2017 and is expected to grow at the highest CAGR during the forecast period, owing to its widespread applications in the production of veterinary drugs and blowing agents, chemical synthesis, and polypropylene catalysts. In addition to this, the product finds application in the manufacturing of hydrazine salts from inorganic acids.

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Market Segmentation

The global hydrazine hydrate market has been categorized on the basis of concentration level, application, and region.

On the basis of concentration level, the global hydrazine hydrate market has been segregated into 24%-35%, 40%-55%, 60%-85%, and 100%.

By application, the global hydrazine hydrate market has been segmented based on agrochemicals, pharmaceuticals, polymerization and blowing agents, water treatment, and others.

The global hydrazine hydrate market has been studied for five key regions —Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.

Based on application, the global hydrazine hydrate market has been segmented into agrochemicals, pharmaceuticals, polymerization and blowing agents, water treatment, and others. Among these, the polymerization and blowing agents segment accounted for the largest market share in 2017 and is expected to retain its dominance during the assessment period, owing to the surging demand for the product in polymer applications in electronic gadgets, automobile, and footwear industries. Hydrazine hydrate derivatives, such as azodicarbonamide and azobisisobutyronitrile are widely used as polymerization initiators and low temperature blowing agents. The agrochemicals is expected to grow at a healthy CAGR in the coming years owing to the large consumer base and surging demand for fertilizers, insecticides, and pesticides.

Competitive Analysis:

The key players operating in the global Hydrazine Hydrate Market are Weifang Yaxing Chemical Co., Ltd. (China), Hunan Zhuzhou Chemical Industry Group Co., Ltd. (China), Capot Chemical Co., Ltd. (China), Arkema Group (France), LANXESS (Germany), Lonza (Switzerland), Otsuka-MGC Chemical Company, Inc. (Japan), Japan Finechem Inc. (Japan), NIPPON CARBIDE INDUSTRIES CO., INC. (Japan), Anbros Consultants and Engineers (India), and Arrow Fine Chemicals (India).