Projected Annual Market Growth Rate for Hydrogen Cyanide Rests at 1-2% According to Merchant Research & Consulting, Ltd.Aug 17th, 2011
LONDON – Total global consumption of hydrogen cyanide still retains its sufficient and rather stable growth. Driven today primarily by the increased demand for nutritional additives the hydrogen cyanide market is forecast to move further at an average rate of not more than 1-2% annually during the next 2-3 years.
Adiponitrile and sodium cyanide exports remain the key growth factors for the market. Adiponitrile is the largest application market for hydrogen cyanide accounting for more than 50% of the globally produced volumes of the material. However there is no trade in hydrogen cyanide as it is manufactured captively and consumed on the production site or facilities adjacent to it.
Insightful analysis and detailed forecasts on global, regional and country markets of hydrogen cyanide can be found in the new market research report “Hydrogen Cyanide (HCN): 2011 World Market Outlook and Forecast” that addresses up-to-date topical issues as present market state, historical background and projected development and features all-covering data showing hydrogen cyanide capacities, production, consumption, trade statistics, and recent prices on the global, regional and country level.
Hydrogen Cyanide (HCN): 2011 World Market Outlook and Forecast
Published: June, 2011
The report offers a wealth of cutting-edge information and data on major hydrogen cyanide producers and suppliers and their profiles, hydrogen cyanide production, consumption and trade statistics for the reviewed country markets, hydrogen cyanide prices. Hydrogen cyanide market outlooks for next five years, showing market volumes and prices are also featured.
The report on hydrogen cyanide has been worked out by Merchant Research & Consulting Ltd, an internationally recognized market research agency, specializing in chemical industry. “Hydrogen Cyanide (HCN): 2011 World Market Outlook and Forecast” is included into the catalogue “Alcohols, Acids & Esters”, which also covers Acetic Acid, Acrylic Acid, Ethanol, Isopropanol, Monoethylene Glycol, Propylene Glycol, Propylene Oxide markets.
Merchant Research & Consulting Ltd.
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