60%-85% segment is projected to be the fastest-growing concentration level segment in the global hydrazine hydrate market

The global Hydrazine Hydrate Market was valued at USD 395.7 Million in 2016 and is projected to reach USD 531.1 Million by 2022, at a CAGR of 5.5% from 2017 to 2022.

Browse 147 Market Data Tables and 36 Figures spread through 159 Pages and in-depth TOC on "Hydrazine Hydrate Market”.

Polymerization & blowing agents is estimated to be the largest application segment of the global hydrazine hydrate market between 2017 and 2022

Among various applications, polymerization & blowing agents is estimated to be the largest application of the global hydrazine hydrate market. In polymerization & blowing agents segment, hydrazine hydrate is used to manufacture plastics and rubber chemicals. Derivatives of hydrazine hydrates such as azobisisobutyronitrile and azodicarbonamide are used as polymerization initiators and low temperature blowing agents. In addition, there are several other hydrazine-based chemical blowing agents such as benzene and toluenesulfonylhydrazide, which are used in low temperature applications.

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New product launch was the key strategy adopted by major players to enhance their presence in the global hydrazine hydrate market between 2014 and 2016. This strategy accounted for a major share of all development strategies adopted by leading players during the above-mentioned period. Key players operating in the global hydrazine hydrate market include Arkema, LANXESS, Lonza, Otsuka-MGC Chemical Company, Yaxing Chemical, Yibin Tianyuan Group, HPLA Group, and Hunan Zhuzhou Chemical Group.

Arkema is one of the major manufacturers of hydrazine hydrate. The company operates through three business segments, namely, high performance materials, industrial specialties, and coating solutions. The company offers hydrazine hydrate through its industrial specialties business segment. Arkema manufactures hydrazine hydrate at its Lannemezan plant (France). The company has a widespread presence and distribution networks in Asia Pacific, Europe, Middle East & Africa, and the Americas.

Lonza is also one of the major producers of hydrazine hydrate and supplies various concentration grades such as 35%, 51.2%, 54.4%, 64%, 98%, and 99%. It operates its business through two segments namely, Pharma&Biotech and Specialty Ingredients segments. The company manufactures hydrazine hydrate through the Specialty Ingredients segment. Hydrazine hydrate manufactured by the company find applications in water treatment, pharmaceuticals, lubricants, and other industrial uses. For the last six decades, the company has been supplying propellant-grade hydrazine to the US government for use in aircraft, launch vehicles, and satellites.

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