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Global Sodium Cyanide Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
An inorganic poisonous solid with a strong affinity for metals is sodium cyanide (NaCN). It is simply hydrolyzed to produce hydrogen cyanide. When in contact with acid, it releases flammable and extremely toxic hydrogen cyanide gas. It is primarily utilized in chemical synthesis, electroplating, and the smelting of precious metals, among other industries. Nearly two thirds of the sodium cyanide application is for the processing of gold and silver. Numerous chemicals, including sodium cyanide, are used to keep insects and other pests away from agricultural farms.
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Owing to its excess capacity, North America is one of the main exporting regions and is estimated to experience the highest growth during the forecast period. The region is a net exporter of sodium cyanide and primarily exports goods to Mexico and Latin America. The region's market is being driven forward by the simple availability of feedstock and the easy accessibility to the mining sites. The increase in sodium cyanide production capacity in the upcoming years is anticipated to drive the industry in the region.
Some of the key players profiled in the Sodium Cyanide Market include Anhui Shuguang Chemical Group, AnQore, Asian Chemtech Private Limited, Australian Gold Reagents Pty Ltd, Avonchem Ltd., Chemours Company, Cyanco Corporation, CyPlus GmbH, Draslovka a.s., Evonik Industries AG, Hebei Chengxin Co.Ltd, Hindustan Chemicals Company, Korund, Lukoil, Nippon Soda Co.Ltd, Orica Ltd., Sasol Polymers Ltd, Sinopec Shanghai Petrochemical Company Limited, Taekwang Industrial Co Ltd, The Chemours Company, Tiande Chemical Holdings Limited, Tongsuh Petrochemical Corp.Ltd and YnnovateSanzheng (Yingkou) Fine Chemicals Co Ltd.
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