Hydrazine hydrate market presents a good development trend

According to the analysis of hydrazine hydrate market, from the perspective of industrial chain, the upstream raw materials of hydrazine hydrate are mainly sodium hypochlorite, chlorine, urea, sodium hydroxide, etc. The fluctuation of market prices of these products will largely affect the rise and fall of hydrazine hydrate production costs, and will also have a certain impact on the development of the entire industry. In the downstream, there are many kinds of products made from hydrazine hydrate, including sodium azide, 1,2,4-triazole, tert butyl hydrazine, aminourea hydrochloride, hydrochloride, benzophenone hydrazone, tert butyl hydrazine hydrochloride, etc., which are mainly used in medicine, agriculture, chemical industry, power, water treatment, military industry, aerospace and other fields.

With the gradual improvement of production technology, the supply of hydrazine hydrate in China's market is increasing, and under the condition of meeting domestic demand, local enterprises also actively expand overseas markets, making the export scale of domestic hydrazine hydrate increasing. In 2021, the export amount of hydrazine hydrate in China will reach 10.831 million US dollars, forming a trade surplus of more than 10 million US dollars with the import amount of the same year (591000 US dollars). It can be seen that China's domestic hydrazine hydrate products have strong competitiveness in the international market, and local enterprises need to actively expand overseas markets.

The market analysis of hydrazine hydrate shows that as an important chemical raw material, hydrazine hydrate has sufficient upstream raw material supply and extensive downstream application fields. The industry has shown a good momentum of development, and the domestic market concentration is extremely high. Among them, Ningxia Risheng Fine Chemical Group is the absolute leader in China. In addition, China is still a large exporter of hydrazine hydrate, and domestic products have a great competitive advantage in the international market. In the future, local enterprises can also accelerate the layout of overseas markets.

In summary, hydrazine hydrate, as an important chemical raw material, has a large proportion of applications in industry and pharmaceutical industry, and its market concentration is high.