CAGR of 4.96%
global solid sodium cyanide market was valued at approximately US$ 1,551.15 million in 2024 and is projected to reach US$ 2,206.02millionby2031,growingataCAGR of 4.96% from 2025 to 2031. This growth is driven by increasing demand in gold mining, industrial chemical manufacturing, and electroplatingindustries.
• Rising Demand in Gold Mining: Sodium cyanide is a key reagent in the extraction of gold and silver from ores. The global increase in gold mining activities is significantly driving the demand for solid sodium cyanide.
• Stringent Environmental Regulations: Due to its high toxicity, the use and transportation of sodium cyanide are subject to strict regulatory controls, which can limit market growth.
• Strong presence of major mining companies.
• Increasing regulatory oversight on chemical usage.
• Germany, France, and the UK are key consumers.
• Stringent environmental regulations impacting market growth.
• Purity >=98%
• Purity <98%
• Mining Industry
• Chemical Industry
• Electroplating
• Others
￭Draslovka
￭Orica
￭Hebei Chengxin
￭Australian Gold Reagent
￭Anhui Shuguang Chemical
￭Taekwang Industrial
￭Tongsuh Petrochemical
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