Hydrazine Hydrate Market, By End User (Water Treatment, Pharmaceutical, Agrochemicals, Polymerization & Blowing Agents, and Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Jul 2023

Code : CMI4128

Pages :120

Formats :

Excel and PDF

Industry : Specialty and Fine Chemicals

Hydrazine Hydrate MarketSize and Trends

The global hydrazine hydrate market was valued at US$ 505.2 Million in 2022 in terms of revenue, exhibiting a CAGR of 6.1% during the forecast period (2023 to 2030).

Figure 1. Global Hydrazine Hydrate Market Value Share (%), By Region, 2022

Global Hydrazine Hydrate Market: Market Trend

A major market trend is the use of hydrazine hydrate as a fuel in rockets for space missions. Additionally, it serves as a gas precursor in the manufacturing of airbags, which is fueling the growth of the global hydrazine hydrate market. The rapid expansion of end-use industries and consumers' shifting lifestyles are both driving the market for global hydrazine hydrate market.