The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Global hydrazine market to grow at a CAGR of 6.11% during the period 2017-2021.
The latest trend gaining momentum in the market is the capacity expansion in APAC. Factors such as the increase in the number of end-user industries in APAC rising urbanization, especially in China, India, Indonesia, and other developing countries are expected to have a positive influence on the global hydrazine market.
One of the major drivers for this market is the surge in demand for high quality agrochemicals. The global demand for hydrazine is expected to witness a steady growth primarily due to the increased production of pesticides and herbicides in China, the Netherlands, Germany, and India. Many large players in the market are investing in the development and manufacturing of crop protection chemicals. The increasing demand for these products urges global players to enhance their portfolio by offering new crop protection products.
The increasing use of 2, 4-dichlorophenoxyacetic acid promotes agriculture and the global hydrazine (derivatives) market. In Australia, 2,4- dichlorophenoxyacetic acid is the second-most popular weed control. The increasing number of agriculture-based industries in China, India, and Brazil, owing to favorable government policies and easy availability of raw materials, is expected to accelerate the demand for pesticide and herbicides.
- Arrow Fine Chemicals
- Chemtex Speciality Limited
- Japan Finechem
- Lansdowne Chemicals
- Nippon Carbide Industries
- Palm Commodities International
Other Prominent Vendors
- BOC Sciences
- Charkit Chemical Company
- Chemicals Incorporated
- GFS Chemicals
- Laysan Bio
- Mil-Spec Industries
- Seidler Chemical
- Spectrum Chemical Manufacturing Corporation
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