Sodium Cyanide Market Resurgent, Heightened Demand for Gold Mining Sustaining Growth
Fact.MR predicts that demand for sodium cyanide is projected to growth at a CAGR of over 4% during the forecast period (2019-2027) and is anticipated to reach a value pool of nearly US$ 3 Bn. In recent years the market for sodium cyanide has gained massive momentum owing to rapidly increasing gold prices. Gold mining companies are investing more capital in new rural exploration ventures, as well as prolonging mining operations that are poised to create value opportunities in the sodium cyanide market. Increasing use of sodium cyanide as an extraction reagent in the mining industry is a primary factor driving growth in the global market for sodium cyanide. This can be attributed to its economic advantages in gold and silver extraction. The mining and metallurgy segment has maintained its supremacy in the market and is poised to create lucrative growth prospects during the forecast period.
Mining & Metallurgy Proliferates With Intensive Sodium Cyanide Utilization
An upswing in demand for sodium cyanide has been witnessed in the mining & and metallurgy industries. It is commonly used in the mining of gold, where demand is mainly determined by the high availability and low costs of sodium cyanide. Moreover, considering the ongoing supply for sodium cyanide, large mining companies are engaging with several cyanide suppliers with an advance notice covering six to twelve months. Presently, sodium cyanide is utilized by about 90% of the global gold supply chain. Another factor facilitating growth for sodium cyanide in the purification of metals is the increasing demand for these metals for both commercial and non-commercial operations. Gold is another metal where the extraction process employs sodium cyanide. Globally, the growing demand for such metals for commercial and non-commercial applications has resulted in increased mining activities.
APAC to Outpace Other Regions, as Mining Activities Intensify
Asia Pacific is presently maintaining its supremacy in the global sodium cyanide market. This area is home to over half the market for sodium cyanide along with China which holds the leading share in the region. Australia also has a significant number of producers of sodium cyanide and the area has shown high demand growth for mining reagents. Latin America also has a prominent position in the global market for sodium cyanide. Countries like Chile, Peru, and Colombia have shown a surge in demand for mining reagents. Europe is anticipated to show a moderate growth trajectory in the coming years. With the supply situation changing globally, capacity expansions are projected to increase in several European countries. Hence these regions will become a little less dependent on imports from APAC countries. The market supply gap for sodium cyanide in North America is expected to narrow by the end of the forecast period with demand receiving a steady uptick and supply remaining at an even keel.
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Environmental Concerns to Create a Dip in Supply
The global sodium cyanide market is consolidated in nature with Tier-1 competitors such as Evonik Industries AG, Cyanco, The Chemours Company and Orica capturing a market share of more than 60%. Industry stakeholders are investing in large scale manufacturing to cater to the growing sodium cyanide market. Competitive bidding is one of the most widely used strategies for supplier selection globally. In recent years, several producers in APAC have gained significant new businesses as a result of their lower prices. Although demand for sodium cyanide with the recovering mining industry has been steadily increasing globally, the supply side is witnessing environmental inspections causing many plant closures and low operating levels, particularly in China. It is generating supply pressure, and is expected to have an impact on global sodium cyanide prices.
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Global Sodium Cyanide Market – Scope of the Report
The following report provides forecast and analysis of the global sodium cyanide market along with the historical data of 2013, estimated data 2019 and forecast data up to 2027 in terms of value (US$ Mn) and volume (Tons), according to a Fact.MR study. The research propounds critical trends that are currently influencing growth within the global sodium cyanide market along with several macro-economic indicators. This newly published and insightful report on sodium cyanide sheds light on key dynamics, and their impact on the overall value chain from suppliers to end-users, which are expected to transform the future of the global sodium cyanide market.
The report also comprises the study of current issues with end users and opportunities for sodium cyanide. It also contains value chain analysis, including the key market participants. To provide users of this report with a comprehensive view of the market, we have included a detailed competitive analysis about the key players involved in the market and strategic overviews. The dashboard included in the report provides a detailed comparison of sodium cyanide manufacturers on parameters such as total revenue, product offerings, and key strategies. A list of key companies operating in the sodium cyanide market provided in the report adds to the credibility of this exhaustive research study.
Global Sodium Cyanide Market: In-Depth Assessment on Key Segments
The global sodium cyanide market is segmented on the basis of form, end-use, and region.
|
Form |
End-Use |
Region |
|
Solid |
Mining & Metallurgy |
North America |
|
Liquid |
Pharmaceutical |
Latin America |
|
|
Chemical Intermediates |
Europe |
|
|
Pharmaceutical |
East Asia |
|
|
Dyes & Pigments |
South Asia & Oceania |
|
|
Others |
Middle East & Africa |
This taxonomy and the detailed TOC prepared are confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized and prohibited.
Country-specific assessment on demand for sodium cyanide has been provided for each regional market, along with the market size valuation and forecast price point assessment, price index and impact analysis of key regional and country-wise dynamics, which were obtained through quotes from numerous sodium cyanide manufacturers, experts, and suppliers. Y-o-Y growth projections have also been offered on all regional markets incorporated in the report. Moreover, future trends, growth prospects, and other possibilities related to the market have been answered in the report.
The report provides company-level market share analysis, which has been derived on the basis of the company’s annual sales and segmental revenue in all the target end-use industries. The market has been forecasted based on constant currency rates. The report provides detailed competitive and company profiles of key participants operating in the global sodium cyanide market. Some of the major competitors operating in the sodium cyanide market are Orica, Evonik Industries AG, Cyanco, Chemours Company, Australian Gold Reagents Pty Ltd, Draslovka Holding B.V., Asahi Kasei Corporation and others.
Global Sodium Cyanide Market: Research Methodology
A number of primary and secondary sources were consulted during the course of the study. Secondary sources include Factiva, Morningstar and Hoovers, and company annual reports and publications. Comprehensive interviews have been conducted by our analysts, and the intelligence and insights obtained have been used for validating the information gained through secondary research. The report also includes a description of assumptions and acronyms utilized for research purposes. Data gathered has been validated using the triangulation method to offer useful quantitative and qualitative insights into the sodium cyanide market.
A short market viewpoint offered in the report elucidates the macro-economic aspects that influence the growth of the sodium cyanide market, which includes global GDP growth rate, various industries growth rate, such as chemical & materials, mining & metallurgy and others. This report serves as an authentic resource of intelligence on the Sodium cyanide market, enabling the readers to take fact-based decisions on the future direction of their businesses.
1. Global Sodium Cyanide Market - Executive Summary
1.1. Summary Of Key Findings
1.2. Summary Of Key Statistics
1.3. Key Market Characteristics & Attributes
1.4. Opportunity Assessment
1.5. Fact.MR Analysis And Recommendations
2. Global Sodium Cyanide Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting The Market
3.2. Mega Trends
4. Market Background
4.1. Global Sodium Cyanide Production Outlook
4.1.1. By Region
4.1.2. By Manufacturers
4.2. Global Chemical Industry Outlook
4.3. Mining Industry Overview
4.3.1. Mining Production by Region
4.3.1.1. North America
4.3.1.2. Latin America
4.3.1.3. Europe
4.3.1.4. APAC
4.3.1.5. MEA
4.4. Mining Production by Key Producing Countries
4.5. Mining Projects Across the Globe
4.6. Opportunities in Mining Industry
4.7. Mining Investments in 2019, by Region
4.8. Mining Industry- Investment Perspective
4.8.1. Technological innovations
4.8.2. Growth in Mining Industry
4.9. Regulatory Scenario
4.10. Investment Feasibility Matrix
4.11. Market White Space Assessment And Opportunity Analysis
4.12. Recent Industry Developments
4.13. Macro-Economic Factors – Relevance & Impact
4.13.1. Global GDP Growth Outlook
4.13.2. Top Players Historical Growth Rate
4.14. Value Chain Analysis
4.14.1. List Of Key Manufacturers
4.14.2. List Of Key Channel Partners
4.14.3. Profitability Margins
4.15. Market Dynamics
4.15.1. Drivers
4.15.2. Industry Challenges
4.15.3. Opportunities
5. Global Sodium Cyanide Market Size (US$ Mn) & Volume (Tons) And Forecast, 2013-2027
5.1. Historical Market Value (US$ Mn) & Volume (Tons) Analysis, 2013-2018
5.2. Current And Future Market Value (US$ Mn) & Volume (Tons) Forecast, 2019-2027
5.3. Y-O-Y Growth Trend Analysis
6. Global Sodium Cyanide Pricing Point Analysis
6.1. Global Sodium Cyanide Market Pricing Analysis, By Region
6.2. Global Sodium Cyanide Market Pricing Analysis, By Form
6.3. Pricing Evolution Till 2027
6.4. Factors Influencing Pricing
7. Global Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) And Forecast 2013-2027
7.1. Global Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 And Forecast 2019-2027, By Form
7.1.1. Solid
7.1.2. Liquid
7.2. Global Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 And Forecast 2019-2027, By End Use
7.2.1. Mining & Metallurgy
7.2.2. Chemical Intermediates
7.2.3. Pharmaceutical
7.2.4. Dyes & Pigments
7.2.5. Others
7.3. Global Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 And Forecast 2019-2027, By Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. East Asia
7.3.5. South Asia & Oceania
8. North America Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) And Forecast 2013-2027
8.1. North America Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 And Forecast 2019-2027, By Country
8.1.1. U.S.
8.1.2. Canada
8.2. North America Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 And Forecast 2019-2027, By Form
8.2.1. Water-Borne
8.2.2. Solvent-Borne
8.2.3. Powder
8.3. North America Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 And Forecast 2019-2027, By End Use
8.3.1. Mining & Metallurgy
8.3.2. Chemical Intermediates
8.3.3. Pharmaceutical
8.3.4. Dyes & Pigments
8.3.5. Others
9. Latin America Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) And Forecast 2013-2027
9.1. Latin America Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 And Forecast 2019-2027, By Country
9.1.1. Brazil
9.1.2. Mexico
9.1.3. Argentina
9.1.4. Rest Of Latin America
9.2. Latin America Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 And Forecast 2019-2027, By Form
9.2.1. Solid
9.2.2. Liquid
9.3. Latin America Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 And Forecast 2019-2027, By End Use
9.3.1. Mining & Metallurgy
9.3.2. Chemical Intermediates
9.3.3. Pharmaceutical
9.3.4. Dyes & Pigments
9.3.5. Others
10. Europe Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) And Forecast 2013-2027
10.1. Europe Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 And Forecast 2019-2027, By Country
10.1.1. Germany
10.1.2. France
10.1.3. Italy
10.1.4. Spain
10.1.5. U.K.
10.1.6. BENELUX
10.1.7. Russia
10.1.8. Rest of Europe
10.2. Europe Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 And Forecast 2019-2027, By Form
10.2.1. Solid
10.2.2. Liquid
10.3. Europe Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 And Forecast 2019-2027, By End Use
10.3.1. Mining & Metallurgy
10.3.2. Chemical Intermediates
10.3.3. Pharmaceutical
10.3.4. Dyes & Pigments
10.3.5. Others
11. East Asia Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) And Forecast 2013-2027
11.1. East Asia Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 And Forecast 2019-2027, By Country
11.1.1. China
11.1.2. Japan
11.1.3. South Korea
11.2. East Asia Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 And Forecast 2019-2027, By Form
11.2.1. Solid
11.2.2. Liquid
11.3. East Asia Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 And Forecast 2019-2027, By End Use
11.3.1. Mining & Metallurgy
11.3.2. Chemical Intermediates
11.3.3. Pharmaceutical
11.3.4. Dyes & Pigments
11.3.5. Others
12. South Asia & Oceania Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) And Forecast 2013-2027
12.1. South Asia & Oceania Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 And Forecast 2019-2027, By Country
12.1.1. India
12.1.2. Thailand
12.1.3. Indonesia
12.1.4. Malaysia
12.1.5. Australia & New Zealand
12.1.6. Rest Of SAO
12.2. South Asia & Oceania Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 And Forecast 2019-2027, By Form
12.2.1. Solid
12.2.2. Liquid
12.3. South Asia & Oceania Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 And Forecast 2019-2027, By End Use
12.3.1. Mining & Metallurgy
12.3.2. Chemical Intermediates
12.3.3. Pharmaceutical
12.3.4. Dyes & Pigments
12.3.5. Others
13. MEA Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) And Forecast 2013-2027
13.1. MEA Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 And Forecast 2019-2027, By Country
13.1.1. GCC Countries
13.1.2. Egypt
13.1.3. South Africa
13.1.4. Turkey
13.1.5. Rest Of MEA
13.2. MEA Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 And Forecast 2019-2027, By Form
13.2.1. Solid
13.2.2. Liquid
13.3. MEA Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 And Forecast 2019-2027, By End Use
13.3.1. Mining & Metallurgy
13.3.2. Chemical Intermediates
13.3.3. Pharmaceutical
13.3.4. Dyes & Pigments
13.3.5. Others
14. Global Sodium Cyanide Market – Prominent Countries Analysis
14.1. Market Proportion Analysis, By Key Countries
14.2. Global Vs. Country Growth Comparison
14.3. China Market Value (US$ Mn) & Volume Analysis (Tons) And Forecast
14.3.1. China Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 And Forecast 2019-2027, By Form
14.3.1.1. Solid
14.3.1.2. Liquid
14.3.2. China Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 And Forecast 2019-2027, By End Use
14.3.2.1. Mining & Metallurgy
14.3.2.2. Chemical Intermediates
14.3.2.3. Pharmaceutical
14.3.2.4. Dyes & Pigments
14.3.2.5. Others
14.4. India Market Value (US$ Mn) & Volume Analysis (Tons) And Forecast
14.4.1. India Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 And Forecast 2019-2027, By Form
14.4.1.1. Solid
14.4.1.2. Liquid
14.4.2. India Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 And Forecast 2019-2027, By End Use
14.4.2.1. Mining & Metallurgy
14.4.2.2. Chemical Intermediates
14.4.2.3. Pharmaceutical
14.4.2.4. Dyes & Pigments
14.4.2.5. Others
14.5. Mexico Market Value (US$ Mn) & Volume Analysis (Tons) And Forecast
14.5.1. Mexico Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 And Forecast 2019-2027, By Form
14.5.1.1. Solid
14.5.1.2. Liquid
14.5.2. Mexico Sodium Cyanide Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 And Forecast 2019-2027, By End Use
14.5.2.1. Mining & Metallurgy
14.5.2.2. Chemical Intermediates
14.5.2.3. Pharmaceutical
14.5.2.4. Dyes & Pigments
14.5.2.5. Others
15. Country Analysis - Sodium Cyanide Market Analysis 2014-2018 and Forecast 2019-2029
15.1. US Sodium Cyanide Market
15.1.1. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
15.1.1.1. Form
15.1.1.2. End Use
15.2. Canada Sodium Cyanide Market
15.2.1. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
15.2.1.1. Form
15.2.1.2. End Use
15.3. Brazil Sodium Cyanide Market
15.3.1. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
15.3.1.1. Form
15.3.1.2. End Use
15.4. Argentina Sodium Cyanide Market
15.4.1. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
15.4.1.1. Form
15.4.1.2. End Use
15.5. Germany Sodium Cyanide Market
15.5.1. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
15.5.1.1. Form
15.5.1.2. End Use
15.6. France Sodium Cyanide Market
15.6.1. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
15.6.1.1. Form
15.6.1.2. End Use
15.7. Italy Sodium Cyanide Market
15.7.1. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
15.7.1.1. Form
15.7.1.2. End Use
15.8. Spain Sodium Cyanide Market
15.8.1. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
15.8.1.1. Form
15.8.1.2. End Use
15.9. U.K. Sodium Cyanide Market
15.9.1. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
15.9.1.1. Form
15.9.1.2. End Use
15.10. BENELUX Sodium Cyanide Market
15.10.1. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
15.10.1.1. Form
15.10.1.2. End Use
15.11. Russia Sodium Cyanide Market
15.11.1. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
15.11.1.1. Form
15.11.1.2. End Use
15.12. Japan Sodium Cyanide Market
15.12.1. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
15.12.1.1. Form
15.12.1.2. End Use
15.13. South Korea Sodium Cyanide Market
15.13.1. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
15.13.1.1. Form
15.13.1.2. End Use
15.14. Thailand Sodium Cyanide Market
15.14.1. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
15.14.1.1. Form
15.14.1.2. End Use
15.15. Indonesia Sodium Cyanide Market
15.15.1. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
15.15.1.1. Form
15.15.1.2. End Use
15.16. Malaysia Sodium Cyanide Market
15.16.1. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
15.16.1.1. Form
15.16.1.2. End Use
15.17. GCC Countries Sodium Cyanide Market
15.17.1. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
15.17.1.1. Form
15.17.1.2. End Use
15.18. Egypt Sodium Cyanide Market
15.18.1. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
15.18.1.1. Form
15.18.1.2. End Use
15.19. South Africa Sodium Cyanide Market
15.19.1. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
15.19.1.1. Form
15.19.1.2. End Use
15.20. Turkey Sodium Cyanide Market
15.20.1. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
15.20.1.1. Form
15.20.1.2. End Use
16. Competitive Assessment
16.1. Global Sodium Cyanide Market Structure
16.2. Global Sodium Cyanide Market Competition - A Dashboard View
16.3. Global Sodium Cyanide Market Company Share Analysis
16.4. Global Sodium Cyanide Competitor Market Footprint Matrix
16.5. Key Participants Market Presence (Intensity Mapping) By Region
17. Company Profiles
17.1. Chemours Company
17.1.1. Company Overview
17.1.2. Competition Standpoint
17.1.3. Product Overview
17.1.4. Key Financials
17.1.5. Analyst Comments
17.2. Evonik Industries AG
17.2.1. Company Overview
17.2.2. Competition Standpoint
17.2.3. Product Overview
17.2.4. Key Financials
17.2.5. Analyst Comments
17.3. Orica
17.3.1. Company Overview
17.3.2. Competition Standpoint
17.3.3. Product Overview
17.3.4. Key Financials
17.3.5. Analyst Comments
17.4. Cyanco
17.4.1. Company Overview
17.4.2. Competition Standpoint
17.4.3. Product Overview
17.4.4. Key Financials
17.4.5. Analyst Comments
17.5. Australian Gold Reagents Pty Ltd
17.5.1. Company Overview
17.5.2. Competition Standpoint
17.5.3. Product Overview
17.5.4. Key Financials
17.5.5. Analyst Comments
17.6. Draslovka Holding B.V.
17.6.1. Company Overview
17.6.2. Competition Standpoint
17.6.3. Product Overview
17.6.4. Key Financials
17.6.5. Analyst Comments
17.7. Asahi Kasei Corporation
17.7.1. Company Overview
17.7.2. Competition Standpoint
17.7.3. Product Overview
17.7.4. Key Financials
17.7.5. Analyst Comments
17.8. PJSC LUKOIL
17.8.1. Company Overview
17.8.2. Competition Standpoint
17.8.3. Product Overview
17.8.4. Key Financials
17.8.5. Analyst Comments
17.9. Taekwang Industry Co, Ltd.
17.9.1. Company Overview
17.9.2. Competition Standpoint
17.9.3. Product Overview
17.9.4. Key Financials
17.9.5. Analyst Comments
17.10. Wesfarmers Limited
17.10.1. Company Overview
17.10.2. Competition Standpoint
17.10.3. Product Overview
17.10.4. Key Financials
17.10.5. Analyst Comments
18. Fact.MR Research Methodology
19. Disclaimer & Contact Information
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Sodium Cyanide Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2027