Hydrogen Cyanide HCN Market Report 2025 (Global Edition)

Global Hydrogen Cyanide HCN Market Report 2024 Market Size Split by Product (Hydrogen Cyanide Liquid, Hydrogen Cyanide Gas), by Application (Sodium Cyanide and Potassium Cyanide, Adiponitrile, Acetone...

Hydrogen Cyanide HCN Market Report Description

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Hydrogen Cyanide HCN Market Insights Video

Competitive Landscape of the Hydrogen Cyanide (HCN) Market

The competitive landscape of the hydrogen cyanide (HCN) industry is distinguished by its variety of participants competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established hydrogen cyanide liquid manufacturers, specialized hydrogen cyanide (HCN) companies, and emerging startups with the goal of disrupting the market with creative ideas.

April 2022: INEOS intended to construct one of Norway's first water electrolysis-based hydrogen facilities in Rafnes in Vestfold and Telemark through its subsidiary INOVYN. Enova will now support the pre-project with NOK 10 million. (Source: https://www.ineos.com/businesses/inovyn/news/enova-supports-inovyns-hydrogen-project-with-nok-10-million/) November 2021: The Netherlands-based VT Group (Verenigde Tankrederij) and INOVYN have announced a collaboration to construct the first hydrogen-powered bulk liquid chemical barge in Europe. This is a component of INOVYN's continuous plan to create green hydrogen and displace current fuel, feedstock, and energy sources that are based on carbon. (Source: https://www.ineos.com/news/ineos-group/inovyn-announces-project-to-develop-europes-first-hydrogen-powered-barge-for-bulk-liquid-chemical-transport/) October 2021: INEOS has declared that it will contribute over €2 billion to electrolysis initiatives aimed at producing green, zero-carbon hydrogen throughout Europe. Along with anticipated investments in the UK and France, its initial factories will be constructed in Norway, Germany, and Belgium. (Source: https://www.ineos.com/businesses/inovyn/news/ineos-announces-over-2-billion-investment-in-green-hydrogen-production2/)

Top Companies Market Share in Hydrogen Cyanide HCN Industry: (In no particular order of Rank)

• Invista
• Butachimie
• Evonik
• INEOS
• DuPont
• Adisseo
• Cyanco
• Cornerstone
• Sterling Chemicals
• CSBP
• Asahi Kasei
• Mitsubishi Rayon
• Kuraray
• Sumitomo Chemical
• Formosa Plastics
• Sinopec
• CNPC
• Secco
• Hebei Chengxin
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Hydrogen Cyanide (HCN) Market

Which Region Dominates the Hydrogen Cyanide (HCN) Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue. Applications include the generation of adiponitrile, which is utilized to make nylon and polyamides; the synthesis of acetone cyanohydrin for acrylic plastics, which is then used in paints and coatings; the recovery of gold using sodium and potassium cyanide; and the creation of cyanuric chloride for pesticides and other agricultural products, are contributing to the region's need for hydrogen cyanide. The US is one of the biggest producers of gold and silver in the world. With a total output of over 170 metric tons, the US Geological Survey ranks the nation as the fifth-largest gold producer in the world in 2022. The country's agriculture sector additionally drives demand for the market since cyanuric chloride made from hydrogen cyanide is utilized to make insecticides and other agricultural items. During the projected period, all of these trends are likely to affect market demand.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Hydrogen Cyanide (HCN) market. The region's growing chemical and mining industries are contributing to the considerable expansion of the hydrogen cyanide (HCN) market in Asia Pacific. One of the main market drivers is the rising need for sodium cyanide in the gold mining industry, especially in nations like Australia and China. Furthermore, the need for HCN, a precursor to adiponitrile, is supported by the region's increasing manufacturing of nylon. Fast industrialization, pro-business legislation, and the region's affordable manufacturing capacity all contribute to the market's opportunities. Strict environmental laws and safety worries, however, could provide difficulties, leading the sector to look into safer and more environmentally friendly production techniques.

The current report Scope analyzes Hydrogen Cyanide HCN Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Hydrogen Cyanide HCN Market

According to Cognitive Market Research, the global Hydrogen Cyanide (HCN) market size was estimated at USD 1354.6 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 541.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.1% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Hydrogen Cyanide (HCN) market with a market size of USD 427.51 million in 2024 and is projected to grow at a CAGR of 0.9% during the forecast period. The US utilizes a lot of sodium cyanide due to the tremendous demand for gold and silver, which raises the requirement for HCN.
• The Canada Hydrogen Cyanide (HCN) market had a market share of USD 65.02 million in 2024 and is projected to grow at a CAGR of 1.9% during the forecast period. Because of the strict rules, Canada should prioritize the safe and effective management of HCN.
• The Mexico Hydrogen Cyanide (HCN) market is projected to witness growth at a CAGR of 1.6% during the forecast period, with a market size of USD 49.31 million in 2024.

Europe Hydrogen Cyanide HCN Market

According to Cognitive Market Research, the global Hydrogen Cyanide (HCN) market size was estimated at USD 1354.6 Million, out of which Europe held the market share of more than 30% of the global revenue with market size of USD 406.38 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.4% from 2024 to 2031.

• The United Kingdom Hydrogen Cyanide (HCN) market had a market share of USD 68.27 million in 2024 and is projected to grow at a CAGR of 2.2% during the forecast period. Pharmacological intermediates and active substances are in high demand in the United Kingdom (UK).
• The France Hydrogen Cyanide (HCN) market is projected to witness growth at a CAGR of 0.6% during the forecast period, with a market size of USD 37.39 million in 2024.
• According to Cognitive Market Research, the German Hydrogen Cyanide (HCN) market size was valued at USD 80.46 million in 2024 and is projected to grow at a CAGR of 1.6% during the forecast period. R&D investments in Germany are driving new HCN-related applications and technology.
• The Italy Hydrogen Cyanide (HCN) market is projected to witness growth at a CAGR of 0.8% during the forecast period, with a market size of USD 34.95 million in 2024.
• The Russian Hydrogen Cyanide (HCN) market is projected to witness growth at a CAGR of 0.4% during the forecast period, with a market size of USD 62.99 million in 2024.
• The Spain Hydrogen Cyanide (HCN) market is projected to witness growth at a CAGR of 0.5% during the forecast period with a market size of USD 33.32 million in 2024
• The Luxembourg Hydrogen Cyanide (HCN) market is projected to witness growth at a CAGR of 1.5% during the forecast period, with a market size of USD 12.60 million in 2024.
• The Portugal Hydrogen Cyanide (HCN) market is projected to witness growth at a CAGR of 1.2% during the forecast period, with a market size of USD 8.53 million in 2024.
• The Greece Hydrogen Cyanide (HCN) market is projected to witness growth at a CAGR of 1.7% during the forecast period, with a market size of USD 4.88 million in 2024.
• Rest of Europe's Hydrogen Cyanide (HCN) market is projected to witness growth at a CAGR of 0.1% during the forecast period, with a market size of USD 62.99 million in 2024.

Asia Pacific Hydrogen Cyanide HCN Market

According to Cognitive Market Research, the global Hydrogen Cyanide (HCN) market size was estimated at USD 1354.6 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 311.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.

• According to Cognitive Market Research, the China Hydrogen Cyanide (HCN) market size was valued at USD 140.20 million in 2024 and is projected to grow at a CAGR of 4.4% during the forecast period. The need for synthetic fibers and materials utilizing HCN is rising in China.
• The Japan Hydrogen Cyanide (HCN) market is projected to witness growth at a CAGR of 3.4% during the forecast period, with a market size of USD 43.00 million in 2024.
• The India Hydrogen Cyanide (HCN) market had a market share of USD 37.39 million in 2024 and is projected to grow at a CAGR of 6.7% during the forecast period. The usage of HCN in insecticides and agrochemicals for crop protection is growing in India.
• The South Korean Hydrogen Cyanide (HCN) market is projected to witness growth at a CAGR of 4.0% during the forecast period, with a market size of USD 31.16 million in 2024.
• The Australian Hydrogen Cyanide (HCN) market is projected to witness growth at a CAGR of 4.6% during the forecast period, with a market size of USD 16.20 million in 2024.
• The South East Asia Hydrogen Cyanide (HCN) market is projected to witness growth at a CAGR of 5.9% during the forecast period, with a market size of USD 21.50 million in 2024.
• The Rest of Asia Pacific Hydrogen Cyanide (HCN) market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 22.12 million in 2024.

South America Hydrogen Cyanide HCN Market

According to Cognitive Market Research, the global Hydrogen Cyanide (HCN) market size was estimated at USD 1354.6 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 67.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.3% from 2024 to 2031. .

• According to Cognitive Market Research, the Brazil Hydrogen Cyanide (HCN) market size was valued at USD 28.99 million in 2024 and is projected to grow at a CAGR of 2.9% during the forecast period. The demand for sodium cyanide is rising in Brazil due to increased mining activity.
• Argentina's Hydrogen Cyanide (HCN) market had a market share of USD 11.38 million in 2024 and is projected to grow at a CAGR of 3.2% during the forecast period. Adjustment to environmental and safety standards impacting the use of HCN in Argentina.
• Colombia's Hydrogen Cyanide (HCN) market is projected to witness growth at a CAGR of 2.1% during the forecast period, with a market size of USD 6.03 million in 2024.
• Peru's Hydrogen Cyanide (HCN) market is projected to witness growth at a CAGR of 2.5% during the forecast period, with a market size of USD 5.55 million in 2024.
• Chile's Hydrogen Cyanide (HCN) market is projected to witness growth at a CAGR of 2.6% during the forecast period, with a market size of USD 4.88 million in 2024.
• The Rest of Latin America's Hydrogen Cyanide (HCN) market is projected to witness growth at a CAGR of 1.4% during the forecast period, with a market size of USD 10.90 million in 2024.

Middle East and Africa Hydrogen Cyanide HCN Market

According to Cognitive Market Research, the global Hydrogen Cyanide (HCN) market size was estimated at USD 1354.6 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 27.09 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.6% from 2024 to 2031..

• The GCC Countries Hydrogen Cyanide (HCN) market is projected to witness growth at a CAGR of 3.4% during the forecast period, with a market size of USD 11.60 million in 2024. HCN is used in the GCC countries to create synthetic materials used in automotive applications.
• The Egypt Hydrogen Cyanide (HCN) market is projected to witness growth at a CAGR of 2.9% during the forecast period, with a market size of USD 2.84 million in 2024.
• The South African Hydrogen Cyanide (HCN) market is projected to witness growth at a CAGR of 3.6% during the forecast period, with a market size of USD 4.28 million in 2024. HCN is heavily used in South Africa's mineral extraction processes, including gold mining.
• The Turkey Hydrogen Cyanide (HCN) market is projected to witness growth at a CAGR of 2.1% during the forecast period, with a market size of USD 2.33 million in 2024.
• The Nigeria Hydrogen Cyanide (HCN) market is projected to witness growth at a CAGR of 1.7% during the forecast period, with a market size of USD 2.84 million in 2024.
• The Rest of the MEA Hydrogen Cyanide (HCN) market is projected to witness growth at a CAGR of 1.6% during the forecast period, with a market size of USD 3.20 million in 2024.

Hydrogen Cyanide HCN Market Analysis

Hydrogen Cyanide (HCN) Market Product Segment Analysis

According to Cognitive Market Research, Hydrogen Cyanide Liquid stands out as the dominant category over the projected period. Hydrogen cyanide (HCN) is a vital raw element used in many industrial processes, which drives the need for it in liquid form. For the production of potassium and sodium cyanide, which are frequently used in chemical synthesis and gold mining, liquid HCN is necessary. It also acts as a precursor in the synthesis of adiponitrile, which is essential to the creation of nylon. The increasing demand in these industries is driving the requirement for liquid HCN. However, because of its extreme toxicity and handling hazards, strict safety regulations are needed, which affects market dynamics and operating expenses.

Hydrogen Cyanide Gas emerges as the fastest-growing category in the Hydrogen Cyanide (HCN) market. The main application of hydrogen cyanide (HCN) gas is in the production of acrylonitrile, an essential ingredient in synthetic textiles and plastics. Additionally, the gas form is essential for the production of many other compounds, such as the cyanide salts used in mining and electroplating. The need for HCN gas is driven by sectors like electronics and the automotive industry, which depend on synthetic materials. However, because of its great harmful effects, it requires specific equipment and strict safety procedures, which might restrict its use and raise operating expenses. This can affect the market's overall demand and acceptance.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Hydrogen Cyanide HCN Industry. Request a Free Sample PDF!

Hydrogen Cyanide (HCN) Market Application Segment Analysis

According to Cognitive Market Research, the dominant category is Sodium Cyanide and Potassium Cyanide. Due to its application in the production of potassium and sodium cyanide, two chemicals that are necessary for the extraction of ore in the gold mining industry, hydrogen cyanide (HCN) is in high demand. Additionally essential to many chemical synthesis processes, especially those involving medicines and agrochemicals, are these cyanide compounds. The appetite for HCN is being driven by an increase in mining activities and industrial uses, particularly in Asia Pacific and North America. However, HCN's toxic nature and the requirement for strict security protocols increase production complexity, which affects market dynamics overall.

The fastest-growing category in the Hydrogen Cyanide (HCN) market is Adiponitrile. Adiponitrile is a crucial intermediary in the synthesis of nylon, and hydrogen cyanide (HCN) is essential to this process. The pattern indicates a rise in adiponitrile demand as a result of nylon's expanding use in industrial, automotive, and textile applications. The need for adiponitrile is being driven, for instance, by the growing usage of nylon by big automakers for lightweight and durable components. As a result, there is a greater need for HCN. The manufacturing process of adiponitrile is anticipated to require a substantial amount of HCN, which will foster market expansion as long as industries continue to look for high-performance materials.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

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