Sodium Cyanide Market - Growth Drivers and Challenges
Growth Drivers
- Growing Trend of Fast Fashion– Fast fashion has increased the production of clothes and other apparel, moreover, the variety has also increased. This in turn has increased the need for sodium cyanide to produce more dues and pigments for the growing apparel production. Clothing and footwear consumption is predicted to rise by 63% by 2030 across the globe.
- Rising Production of Automotives– In 2022, the world produced around 85 million vehicles, and the overall production increased by around 6% from 2021. Sodium cyanide is used in the electroplating process of applying a layer of copper or other metals onto the surfaces of auto parts.
Challenges
- Presence of New Alternatives- As industries progress, there may be initiatives to develop more ecologically friendly and less contingent techniques of metal extraction and processing that are not as dependent on sodium cyanide. This could impact the demand for sodium cyanide.
- Negative Perception of Sodium Cyanide
- Disposal Impact on the Environment
Sodium Cyanide Market Size and Forecast:
|
Base Year |
2025 |
|
Forecast Year |
2026-2035 |
|
CAGR |
3.9% |
|
Base Year Market Size (2025) |
USD 2.3 billion |
|
Forecast Year Market Size (2035) |
USD 3.37 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of sodium cyanide is estimated at USD 2.38 billion.
The global sodium cyanide market size crossed USD 2.3 billion in 2025 and is likely to register a CAGR of over 3.9%, exceeding USD 3.37 billion revenue by 2035.
The Asia Pacific region is projected to secure a 37% share by 2035 in the sodium cyanide market, attributable to the rising number of gold reserves and rapid production of gold.
Key players in the market include Evonik Industries AG, The Chemours Company, Draslovka Holding Company, EPC Engineering and Technologies GmbH, Cynaco International, Sasol Limited, Changsha Hekang Chemical Co., Ltd., Orica Limited, Australian Gold Reagents Pty Ltd., Gujrat Alkalies and Chemicals Limited.
