Global Sodium Thiocyanate Market Outlook 2022

Sodium thiocyanate is a white orthorhombic crystal or powder. The relative density is 1.735g/cm3. Melting point is 287°C. It is easy to deliquesce in the air and produces toxic gas when it meets acid. Easily soluble in water, ethanol, acetone and other solvents. The aqueous solution is neutral. It produces blood-colored iron thiocyanide with iron salt, does not react with ferrous salt, and produces yellow sodium bisulfate with concentrated sulfuric acid, and reacts with cobalt salt to produce dark blue cobalt thiocyanide. The effect of copper salt produces white silver thiocyanide precipitate or black copper thiocyanide precipitate. The product is a high environmental risk product.
Global Sodium Thiocyanate key players include Nouryon, Jiangsu Liaoyuan, Hebei Chengxin, Yinzhidu Environmental, Henan Tianshui Chemical, etc. Global top five manufacturers hold a share about 61%. Asia-Pacific is the largest market, with a share about 36%, followed by North America and Europe, both have a share over 54 percent.

Market Analysis and Insights: Global Sodium Thiocyanate Market
The global Sodium Thiocyanate market was valued at US$ 153 million in 2020 and it is expected to reach US$ 235.6 million by the end of 2027, growing at a CAGR of 5.8% during 2021-2027.

Global Sodium Thiocyanate Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Sodium Thiocyanate Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Synthesis Method
Extraction Method

Segment by Application
Chemical Intermediates
Pesticides
Building and Construction
Rubber
Analytical Reagent
Other

By Company
Nouryon
Jiangsu Liaoyuan
Hebei Chengxin
Yinzhidu Environmental
Henan Tianshui Chemical
Xintian Environmental
ShuangTian Pesticides
Jiaozuo Henghua Pesticides

Production by Region
Europe
China

Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Turkey
Saudi Arabia
UAE