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Sodium Thiocyanate Market By End-User (Pharmaceuticals, Fiber, Architecture, Pesticide, Personal Care Products) - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2022

Sodium thiocyanate is a compound that appears as a colorless or white powder. This powder easily dissolves in ethanol, water, and acetone. It is a rhombic system crystal that has a relative density of 1.735 and a melting point of 287 degrees Celsius. Sodium thiocyanate decomposes on heating under light and produces harmful fumes of sulfur oxide, cyanides, and nitrogen oxides. It reacts vigorously with strong bases, acids, and strong oxidants. Due to the properties of sodium thiocyanate, it is used for a wide range of applications in various end-user industries. Industries such as pharmaceuticals, fiber, architecture, pesticides, and personal care products, among others, are the major consumers of sodium thiocyanate worldwide.

Sodium thiocyanate is used for many applications, from personal care products to the building and construction industry. The major industry which has greatly contributed to the growth of the sodium thiocyanate market is the pharmaceutical industry. Sodium thiocyanate is used as a raw material in the production of a wide range of pharmaceutical products. Hence, the high demand for sodium thiocyanate from the pharmaceutical industry is driving the growth of the global sodium thiocyanate market worldwide. In addition, growing building and construction activities in emerging economies, especially in the Asia Pacific, have led to high demand for sodium thiocyanate in the global market. Sodium thiocyanate is used as a hardening accelerator for concrete and cement mixes. Therefore, the construction industry reports high demand for sodium thiocyanate. Other industries, such as pesticides and personal care products, are also anticipated to boost market demand for sodium thiocyanate in the near future.

The sodium thiocyanate market is expected to reach over US$1454.40 Mn by 2022, growing at a CAGR ranging from 4.5% to 6.0% during the forecast period 2016-2022.

The Purpose of the Report

The purpose of this strategic research study titled "Global Sodium Thiocyanate Market-Growth, Share, Opportunities, and Competitive Analysis, 2015–2022" is to provide company executives, industry investors, and industry participants with in-depth insights to enable them to make informed strategic decisions regarding the opportunities in the global sodium thiocyanate market.

Target Audience

  • Industry Investors
  • Sodium Thiocyanate Providers and Vendors
  • Research Professionals
  • Emerging Companies
  • Raw Material Suppliers/Buyers
  • Product Suppliers and Buyers
  • Research Institutes

Key Offerings and Unique Selling Points

The report titled "Global Sodium Thiocyanate Market-Growth, Share, Opportunities, and Competitive Analysis, 2015–2022" offers strategic insights into the global sodium thiocyanate market along with the market size and estimates for the period 2015 to 2022. The said research study covers an in-depth analysis of multiple market segments based on end-user applications and cross-sectional studies across different geographies. In order to help strategic decision-makers, the report also includes competitive profiling of the leading sodium thiocyanate vendors, their expansion strategies; market positioning; and latest developments. Other in-depth analyses provided in the report include:

  • Current and future market trends to justify the attractive markets within the sodium thiocyanate industry
  • market fuelers, market impediments, and their impact on the market's growth
  • In-depth examination of the competitive environment
  • Trailing 2-year market size data (2013–2014)
  • SRC (Segment-Region-Country) Analysis.

Overall, the research study provides the following:

  • A holistic view of the global sodium thiocyanate market and growth.
  • Offering market size and estimates for the period from 2015 to 2022.
  • Keeping in mind the above-mentioned factors.

Frequently asked questions :

The market for Sodium Thiocyanate Market is expected to reach US$ 1.45 Bn By 2022.

The Sodium Thiocyanate Market is expected to see significant CAGR growth over the coming years, at 6.0%.

The report is forecasted from 2016-2022.

The base year of this report is 2021.

Alfa Aesar, AkzoNobel, Amsyn Inc., CellMark USA, LLC, Evonik Degussa Industries, Flexsys are some of the major players in the global market.

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Published Date:  May 2016
Category:  Chemicals
Report ID:   57839
Report Format:   PDF
Pages:   120
Rating:    4.1 (40)
Delivery Time: 24 Hours to 48 Hours   
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