Hydrazine Market Value Share, Analysis and Segments 2014 - 2020
Hydrazine is a colorless liquid with ammonia like odor and is highly toxic and unstable. Hydrazine is primarily used in water treatment, agrochemicals, pharmaceuticals, polymerization and blowing agents and various other chemical applications. Commercially hydrazine is produced by Raschig process, Olin-Raschig process, Ketazine process, UREA process, Fisons process and Peroxide process. Raschig process is one of the most common process used for the production of hydrazine, however the process is characterized by lower yields. Exposure of hydrazine may lead to irritation of eyes, throat, nose, headache, nausea etc. Acute exposure may also lead to kidney, liver and central nervous system damage. The preliminary use of hydrazine was its use as rocket fuel, where hydrazine was used as fuel in numerous rockets used in space missions. Hydrazine can be used in fuel cells, which might offer benefits such as being cost effective and more power
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Some of the key applications of hydrazine are its use as a reducing agent in applications such as boiler water treatment, refining, purification, waste water and effluent treatment. In boiler water treatment, hydrazine helps the removal of water dissolved oxygen, achieve very low impurity levels and passivate the inner boiler systems. The benefits of these properties include less corrosion, higher operating reliability, longer equipment life cycle, energy savings, maintenance cost reduction etc. In refining and purification, hydrazine is used for recovery of precious ores, and purification of noble metals such as platinum, gold, nickel, silver etc. The use of hydrazine in refining and purification applications.
In terms of hydrazine production, Europe was the major producer of hydrazine followed by Asia Pacific and North America. In Europe, Germany was the largest producer of hydrazine followed by France, U.K and Italy. In terms of hydrazine production, U.S accounted for the majority share in North America, whereas China was the major producer of in Asia Pacific. Consumption pattern of hydrazine was similar to the production pattern across the globe. In terms of consumption, Europe was the major consumer of hydrazine, globally.