Silver Cyanide Market Analysis

Application (Electronic Components, Silver Plating, Metal Surface Treatment, Chemicals & Salts, Research)

The silver cyanide market is segmented and analyzed for demand and supply by application into electronic components, silver plating, metal surface treatment, chemicals & salts, and research. Out of these, the silver plating segment is expected to garner the highest revenue by 2036, owing to its increased usage of silver plating across diverse end-use industries such as electronics, manufacturing, laboratory, and chemicals. The growth of the global electronics industry is calculated to be 6% in 2020. They are increasingly used for silver plating of musical instruments, power generators, utensils, jewelry, and several other products. The revenue generated by the global musical instruments segment amounts to USD 39 billion in 2022.

Form (Solid, Powder)

The market is segmented and analyzed for demand and supply by form into solid, and powder. Amongst these, the solid segment is anticipated to hold the largest market share in the forecast period. This can be attributed owing to the wide range of applications of this segment in the end-user industries. Additionally, solid silver cyanide usage can be widely seen in the manufacturing of electrical components, chemicals, and other salts which is estimated to propel the growth of this segment in the forecast period.

Our in-depth analysis of the global market includes the following segments: