Hydrogen Cyanide Market is forecast to reach $4.0 billion by 2025, after growing at a CAGR of 1.67% during 2020-2025. Hydrogen cyanide, also called prussic acid, is a chemical compound having the formula, HCN. Hydrogen cyanide is available in the form of toxic liquid or colorless gas, which is highly poisonous. Although it is poisonous, HCN is used in several industrial processes and is a highly valuable precursor to various chemical compounds, ranging from polymers to pharmaceuticals.

Key Takeaways
Hydrogen Cyanide also found in the smoke of various tobacco products and is also released by combustion of nitrogen-containing organic materials.

Also, hydrogen cyanide is obtainable from fruits that have a pit, such as cherries, apricots, apples, and bitter almonds, from which almond oil and flavoring are made.

Hydrogen cyanide is extremely toxic in nature and hence, most of it is consumed at the production site. Thus, there is no trade or transport for hydrogen cyanide.

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By Application - Segment Analysis
From last few years, the major use of Hydrogen Cyanide has been in the production of Adiponitrile. It is used exclusively for producing Hexamethylene Diamine (HMDA), of which majority is used to make Nylon- 66 fibers and resins. In Electronics, it is used in connectors, relays, switches, housings, plugs, cables, knobs and buttons, input/output ports, face plates, insulators, transformers, terminal blocks, and coil bobbins. Acetone cyanohydrin is used primarily to produce Methyl Methacrylate (MMA), which is in turn used for coatings and sealants and for poly-methyl-methacrylate production. MMA can also be produced from ethylene. Lucite International has developed Alpha Technology, a new, patented technology that uses ethylene, methanol and carbon monoxide.

Drivers – Hydrogen Cyanide Market

Growing demand in manufacturing sodium cyanide and potassium cyanide
The major driver of the hydrogen cyanide market is the demand for manufacturing of sodium cyanide and potassium cyanide, used in the mining of silver and gold. The growing application of gold. About 10 % of the extracted gold is used in the production of electronic goods and technical equipment. Its high resistance to corrosion, excellent conductivity and easy processing makes gold a very valuable material, especially when it is necessary to guarantee individual components for permanent and a highly resistant functionality despite environmental influences. For this reason, gold plays an especially important role in the manufacture of satellites.

Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Hydrogen Cyanide market. Hydrogen Cyanide Market top 10 companies are LLC, Evonik Industries, Cornerstone Chemical Company, Sinopec, Bluestar Adisseo, BP Chemicals, Sumitomo Chemical, Dow-DuPont, INEOS Group Holdings S.A. and Taekwang Industrial Co., Ltd., among others.

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