Sodium Cyanide Market Report 2023 (Global Edition)

Global Sodium Cyanide Market Report 2023 talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Sodium Cyanide Industry growth. Sodium Cyanide market has been segmented with the help of its Type, Application End-Use Industry, and others. Sodium Cyanide market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.

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Type Segment Analysis of Sodium Cyanide Market

Quality management is the major parameter to meet specific standards and specifications, reliability and consistency. The chemical and material industry is full of various types of chemicals and it is necessary to focus on quality management because it may affect environment & other equipment. Raw materials plays an important role in this industry. The chemical industry converts these raw materials into primary, secondary, and tertiary products. Fluctuations in raw material prices may impact the market growth in the near future. This study includes the revenue generation of each type in each region for the year 2018 to 2030. Additionally it also provides detailed supply chain analysis along with current trends in the market which are expected to propel the market growth in the coming year.

Type of Sodium Cyanide analyzed in this report are as follows:

• Solid Sodium Cyanide
• Liquid Sodium Cyanide

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Based on application, market is divided into different industries, including Mining, Dyes & Pigments, Chemical, Intermediates, Pharmaceuticals, and Others. Mining has the largest revenue share in the market as sodium cyanide is extensively used in mining areas to extract metals like gold and silver. It is been used in metal extraction since 1887, and it is currently safely used and managed in gold recovery around the world. Cyanide is one of only few chemical reagents that dissolve gold in water.

The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Sodium Cyanide market report 2023 Edition by contacting our team.

Sodium Cyanide End-Use Industry Segment Analysis

• Gold and Silver Extraction
• Electroplating Metal
• Chemical Synthetics
• Fumigation
• Dyes and Pigments
• Pesticides
• and Others

The Sodium Cyanide market is regionally being analyzed by North America, Europe, APAC, Latin America, and MEA.
APAC dominates the market with a prominent share of 40% owing to the high demand from mining industry followed by chemical and pharma industries from countries like China, India, and Australia. It has been analyzed that China holds the position of the largest producer of gold through its mining activities across the world, with a percentage share of almost 13% of the total gold extracted globally. Thus, APAC has high consumption of sodium cyanide.

Region-wise, the market is analyzed across: (In case you wish to acquire a specific region or any country data then please contact us)

• 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)

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News Section:

• March 2022:

Cyanide maker suspends Europe production as energy costs soar:
Czech group Draslovka has commented that production of the chemical, used in the extraction of precious metals from ore, had become uneconomic in Europe, with gas prices in the region at 12 times the levels in the US, compared with just 1.5 times in 2020. The world’s largest maker of gold and silver mining material, sodium cyanide, has been forced to suspend production in Europe after Russia’s invasion of Ukraine sent energy prices soaring.

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

• Cyanco
• Chemours
• Australian Gold Reagents
• Orica
• CyPlus GmbH(Evonik)
• Taekwang Industrial
• Tongsuh Petrochemical
• Anhui Shuguang Chemical
• Korund
• Yingkou Sanzheng
• Sasol Polymers
• Unique Chemical
• Tiande Chemical
• Lukoil
• Hebei Chengxin
• Sinopec
• DSM
• CNPC
• Nippon Soda
• Unigel
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*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!

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