The hydrazine hydrate market is anticipated to grow at a 5.42% CAGR, reaching USD 957.928 million in 2031 from USD 697.811 million in 2025.
Highly soluble in water, hydrazine hydrate can self-reduce to produce nitrogen and water. Additionally, it shields the boiler tubes from corrosion by forming a hard magnetic coating from soft haematite layers. Consequently, it is a crucial part of boiler water treatment that is promoting market expansion. Additionally, it can directly interact with dissolved oxygen to raise the temperature and pH in high-pressure and high-purity systems. These characteristics of hydrazine hydrate make it appropriate for use in water treatment, which further supports the hydrazine hydrate market expansion.
Rising use of crop production agents
The need for high-yield agriculture is rising as a result of the exponential increase in world population, growing concerns about food security, and a decline in the amount of arable land. Due to the widespread usage of hydrazine hydrate in the production of crop protection agents, which significantly contributes to the market expansion, this is also leading to an increase in the use of various crop protection agents including pesticides and fungicides. Additionally, hydrazine hydrate can boost plant development, enhance soil quality, and raise crop production. As a result, it is widely employed in many agrochemical applications, which increases the hydrazine hydrate market share.
Increasing demand for polymerization
A very reactive and unstable inorganic substance is hydrazine hydrate. It is an odourless substance with a strong scent. The market is being driven by the rising demand for polymer goods in a variety of end-user sectors, including automotive, electronic device, and footwear. The hydrazine hydrate market is also being driven by the growing need for polymer foams in the polymer sector. In addition, hydrazine hydrate is employed in the production of chemicals for rubber and plastic. Azobisisobutyronitrile and azodicarbonamide, two hydrazine hydrate derivatives, are employed as low-temperature blowing agents and polymerization initiators, respectively. As a result, the demand for hydrazine hydrate in the polymer sector is increasing, which is increasing the hydrazine hydrate market share.
Growing demand from the agrochemical segment
Many agrochemical-based products, including hydrogels, pesticides, and regulators that increase agricultural output, are made with hydrazine hydrate. Global food consumption is increasing, which calls for excellent production yields since the world's population is expanding swiftly. For example, the World Health Organization (WHO) and the Food and Agricultural Organization, or FAO, of the UN collaborated to contribute to the report "Environmental and Health Impacts of Pesticides and Fertilizing agents and Ways to Minimize Them" in December 2022. The report emphasizes the need for transforming effects and improved handling of fertilizers and pesticides as demand for and utilization of the products increase globally.
Increasing demand for the water treatment sector
Global food consumption is increasing, which calls for excellent production yields since the world's population is expanding swiftly. For instance, the World Health Organization (WHO) and the Food and Agriculture Organization (FAO) of the UN worked together in December 2022 to contribute to the report titled "Environmental and Health Impacts of Pesticides and Fertilizers and Ways to Minimize Them," which emphasizes the need for transformative actions and better management of fertilizers and pesticides as the demand and use of the products increases globally.
Increasing the use of hydrazine hydrate in fuel cells
People are demanding more hydrazine hydrate-based fuel cells as there is a rising need to minimize carbon emissions into the environment for a clean and safe environment. Additionally, hydrazine hydrates are widely employed in fuel cells as a significant replacement for hydrogen and oxygen. The hydrazine hydrates market size is expanding as a result of the growing demand for hydrazine hydrate in fuel cells.
Asia Pacific is projected to dominate the Hydrazine hydrate market
During the projected period, the Asia Pacific region is anticipated to lead the Hydrazine hydrate market. Plant growth regulators, fungicides, and herbicides are all produced using hydrazine derivatives. 19 fungicides accounted for 48% of newly registered pesticides, compared to 11 insecticides for 27%, four plant growth regulators for 10%, and six herbicides for 15% in 2021, according to figures. China manufactured over 229 million metric tons of chemical pesticides in April 2022. According to a recent report from the Central Pollution Control Board (March 2021), India now has the capability for treating 27.3% of its water and 18.6% of its sewage.
In November 2022, Matrix Fine Chemicals and a major logistics provider renewed their collaboration agreement. With this acquisition, the business will be able to store both hazardous and non-hazardous items in a new warehouse in Southern Germany.
In September 2022, The Highly Potent API (HPAPI) multifunctional suite's expansion was completed in Visp (CH), according to an announcement made by Lonza Group. The expansion increases the capacity for ADC payload development and manufacture, supporting the full research and production pipeline from feasibility analyses to commercial supply.
In October 2022, Gujarat Alkalies and Chemicals Ltd. began producing hydrazine hydrate at its new facility in Gujarat, India. India imports almost all of its 17,000 tons of hydrazine hydrate annually needs. As the first large-scale hydrazine hydrate production, the GACL unit will reduce the country's reliance on chemical imports.60%
In May 2022, through its Saltigo business subsidiary, Lanxess AG teamed up with Provivi Inc. to scale up the production of pheromone goods. Numerous prospects for accelerating market expansion would be made possible by this alliance.
Arkema
Bayer AG
Arrow Fine Chemicals
NIPPON CARBIDE INDUSTRIES CO.
Japan Finechem Inc.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 β 2031 |
| Companies |
|
Report Metric | Details |
Hydrazine Hydrate Market Size in 2025 | USD 697.811 million |
Hydrazine Hydrate Market Size in 2030 | USD 916.048 million |
Growth Rate | CAGR of 5.59% |
Study Period | 2020 to 2030 |
Historical Data | 2020 to 2023 |
Base Year | 2024 |
Forecast Period | 2025 β 2030 |
Forecast Unit (Value) | USD Million |
Segmentation |
|
Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
List of Major Companies in Hydrazine Hydrate Market |
|
Customization Scope | Free report customization with purchase |
Hydrazine Hydrate Market Segmentation:
By Concentration
24-35%
40-50%
60-85%
100%
By Application
Pharmaceuticals
Water Treatment
Polymerisation and Blowing Agents
Agrochemicals
Others
By Geography
North America
United States
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
UAE
Others
Asia Pacific
China
India
Japan
South Korea
Indonesia
Thailand
Others