Hydrazine   Hydrate Manufacturing Industry. Investment Opportunities in Chemical   Business
Hydrazine   is a colorless inorganic compound with odor similar to that of ammonia.   Hydrazine hydrate is mainly used as a foaming agent in polymer foams.   In agrochemicals field, it helps in manufacturing of pyrazole and its   derivatives that have a significant use in pesticide chemistry because   of its biological properties. Pyrazoles demonstrate antimicrobial,   antihyperglycemic, antipyretic, antihelmintic, antioxidant, and   herbicidal properties.
Uses:
Hydrazine   Hydrate is primarily used as an intermediate in the production of blowing agents,   but may also be used in boiler water treatment, as an intermediate in   the production of pharmaceuticals and agricultural products.
Hydrazine   hydrate is also used in the production of several drugs for veterinary   applications. It is also used in the treatment of tuberculosis in the   pharmaceutical field.
Applications:
·         As rocket   fuel in space application.
·         As energy   source in fuel cells.
·         As blowing   agent in plastic industry.
·         In   boilers-used as oxygen scavenger for boiler feed water in energy   industry.
·         Prevention of   corrosion in boilers by formation of a magnetite corrosion “shield” in   boiler surface.
·         In synthesis   of organic nitrogen compounds which are very useful intermediates in   drugs 7 pharmaceutical industries.
·         In making   herbicides & pesticides in agro-industry.
Hydrazine   hydrate is possessed of several advantages:
(1) With a   high storage capacity, the hydrogen reserve of hydrazine hydrate is 8%   (mass fraction);
(2) It   appears as liquid under room temperature, which can be stored and   delivered safely;
(3) The   decomposition of hydrazine hydrate can merely generate hydrogen and   ammonia gas without any solid-state byproduct.
 
Market   Outlook
Global   Hydrazine Hydrate Market is anticipated to reach USD 531.23 Million by   2023, growing at a CAGR of over 5%, in value terms due to the growing   popularity of polymer foams as Hydrazine hydrate is primary a precursor   to blowing agents   in polymer foams. Moreover, the rising demand of hydrazine hydrate in   the waste-water treatment industry coupled with the increasing   application as fuel in eco-friendly fuel cells will ensure robust growth   of the market in the next five years.
Based   on the concentration of hydrazine hydrate, the 60%-85% segment is   expected to hold the largest market share during the forecast period   owing to its use in manufacturing of veterinary drugs, chemical   synthesis, polymerization, or as a blowing agent. Based on the   application, the polymerization & blowing agents   segment is expected to grow at the highest CAGR by 2023 due to the   increasing demand of polymers in end-use industries like automobile,   electronic gadgets etc. Asia-Pacific region is projected to lead the   market in the next five years due to growing demand in agrochemical and   wastewater treatment industries.
Rising   demand of polymer foams in polymer industry will have a great influence   on the hydrazine hydrate market throughout the forecast timeframe. Its   application in a wide range of products which includes food containers,   foamed core pipes, vinyl sheets, and structural foam wood grain   furniture will propel the market growth. The growth in the end-user   industries such as building & construction, packaging, automotive,   and furniture & bedding industries will drive the market for polymer   foams in the coming eight years.
Due   to wide-ranging chemical properties, hydrazine hydrate finds   application in numerous end-use industries. It has an odor similar to   ammonia and is typically colorless. The exposure to hydrazine hydrate is   restricted to some extent due to its toxic nature.
High   use of hydrazine hydrate in end-user, such as pharmaceuticals,   agrochemical, water treatment and polymerization & blowing agent is   expected to drive the market in upcoming years. Furthermore, the   carcinogenic property of the hydrazine hydrate may impact the growth of   the market in the forecast period. Nevertheless, increasing demand of   hydrazine hydrate in polymer industries is expected offer ample   opportunities in the coming years.
The   global hydrazine hydrate market can be segmented on the basis of   end-user, concentration level, and regions. On the basis of end-user,   the global market can be segregated into water treatment,   pharmaceuticals, polymerization & blowing agents,   and agrochemicals. Hydrazine hydrate is widely used in agrochemicals   for various purposes such as insecticides, pesticides, and fungicides,   which in turn is expected to fuel the global hydrazine hydrate market.   On the basis of concentration level market is classified into 24%-35%,   40%-55%, 60%-85% and 100%. Hydrazine hydrate possesses applications such   as foamed core pipes, structural foam wood grain furniture food   containers and vinyl sheets which are expected to fuel the market growth   in the forecast period.
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.
Steady   growth in the polymer industry is expected to propel the global   hydrazine hydrate market size, with its primary usage as a precursor to blowing agents in   polymer foams.
The   demand for fertilizers and pesticides is higher in the Asia Pacific as   compared to other regions such as North America, Latin America, and   Europe. China and India in the region are expected to spur the hydrazine   hydrate market due to the growing agrochemicals industry and rapid   economic growth. Moreover, the China-based manufacturers are   manufacturing hydrazine hydrate to expand its existing production   facilities for satisfying local needs of hydrazine hydrate, used majorly   for manufacturing azodicarbonamide (ADC) required in the polymer   industry.
It   is expected to be the fastest growing concentration level segment of   the hydrazine hydrate market, in terms of value, during the forecast   period due to its ability to manufacture hydrazine salts from inorganic   acids. The application of 60%-85% concentration grade of hydrazine   hydrate in fuel cells as an effective substitute to hydrogen and oxygen   is expected to present many opportunities to the hydrazine hydrate   manufacturers.
The   worldwide market demand for hydrazine hydrate is 80 to 90 thousand tons   a year. Consumption is roughly 32% for pesticides, 33% for foaming   agents, 20% for water treatment agents and 15% for others. Demand will   grow steadily in future, with demand in advanced countries declining   while demand in developing countries, Asian countries in particular,   growing rapidly.
Due   to increasing downstream demand, global hydrazine hydrate production   varied from 137182 Ton in 2013 to 148616 Ton in 2017, with an average   increase rate of 2.02%. In the future, we predict that this trend will   continue. By 2024, global production may be 187381 ton.
  
    
  
 
Few   Indian major players are as under:
·         Aditya   Chemicals Ltd.
·         Andhra Farm   Chemicals Corpn. Ltd.
·         Arihant   Chemicals Inds. Ltd.
·         Jay Chemical   Inds. Ltd.
·         Naveen   Enterprises Ltd.
·         S V Trading   & Agencies Ltd.
 
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