Global Sodium Cyanide Market was valued at USD xx Bn in 2019 and is expected to reach at USD xx
Bn by 2027 at a CAGR of xx% over forecast period 2020-2027.
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The report covers an in depth analysis of COVID 19 pandemic impact on Global Sodium Cyanide
Market by region and on the key players revenue affected till April 2020 and expected short term
and long term impact on the market.
Global Sodium Cyanide Market Dynamic’s:
Sodium cyanide is an inorganic compound, which possesses high reactivity towards metals. It is
white colored, water soluble solid, with a molecular formula of NaCN. It is one of the most widely
used chemicals worldwide. Sodium cyanide is used in a wide range of industrial applications such as
mining, pharmaceuticals, etc. In addition, sodium cyanide is also used in electroplating, and as an
insecticide to kill insects and pests. Various factors such as an increasing consumption of sodium
cyanide in mining industry, rising demand for sodium cyanide in various end use industries such as
inorganic chemicals, and pharmaceuticals as an important precursor are driving the global sodium
cyanide market over forecast period.
However, factors such as harmful effects of sodium cyanide on human health & problems associated
with skin & eyes and numerous regulations pertaining to the use of sodium cyanide. Agencies, such
as International Cyanide Management Code has defined a particular limit on the use of sodium
Global Sodium Cyanide Market is segmented by Type, by Application, and by Region. By application,
mining industry held 41.65% of market share in 2019 and is expected to keep its dominance over
forecast period. An increasing consumption of sodium cyanide in mining industry as an extracting
reagent is a major factor driving growth of the global sodium cyanide market currently. This can be
attributed to sodium cyanide, being widely used in many industries owing to its economic benefits in