Sodium cyanide (NaCN) is an inorganic poisonous solid with high affinity for metals. It is used as a raw material in pharmaceuticals, dyes and pigments, agrochemicals, and metal industries. It is also used as an insecticide due to its toxicity and finds application in analytical testing. The International Cyanide Management Code for the Manufacture, Transport and Use of Cyanide in the Production of Gold, also referred to as the Cyanide Code, is a voluntary program designed to assist the global gold mining industry. It also helps the producers and transporters of cyanide used in gold mining in improving cyanide management practices, and to publicly demonstrate their compliance with the Cyanide Code through an independent and transparent process.
Market Dynamics
• Among end user, the mining industry segment is witnessing significant market share in the market. Increasing mining activities worldwide has led to high consumption of sodium cyanide for extraction of gold and other precious metals. For instance, according to Indian Minerals Yearbook 2017, the index of mineral production for all minerals in India (excluding atomic minerals stood at 132.2 points in 2016-17 registering an increase of 2.2% over that 2015-2016.
• Asia Pacific accounted for a significant market share in 2017, owing to substantial demand for sodium cynide from gold and silver mining industry in the region. Accroding to the U.S. Geological Survey 2013, production of mined gold in Asia Pacific accounted for around 31% of the worldwide production in 2013. Moroever, China was the leading producer of mined gold in the region, followed by Australia, Indonesia, and Papua New Guinea.
Key features of the study:
• This report provides in-depth analysis of sodium cyanide market and provides market size (US$ Billion and Kilo Tons) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2018 – 2026), considering 2017 as the base year.
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by key players.
• It profiles key players in the global sodium cyanide market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans.
• Key companies covered as a part of this study include, Cyanco, E. I. DuPont, Australian Gold Reagents, Orica, Evonik, Taekwang Industrial, Tongsuh Petrochemical, Anhui Shuguang Chemical, Korund, Yingkou Sanzheng, Sasol Polymers, Unique Chemical, Tiande Chemical, Lukoil, Hebei Chengxin, Sinopec, and DSM.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future products launches, technology up-gradation, market expansion, and marketing tactics.
• The global sodium cyanide market report caters to various stakeholders in this industry including investors, suppliers, internal olefins manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the sodium cyanide market.

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• Detailed Segmentation:
• Global Sodium Cyanide Market, By Product Type:
◦ Solid Sodium Cyanide
◦ Liquid Sodium Cyanide
• Global Sodium Cyanide Market, By End User:
◦ Mining Industry
▪ Gold
▪ Silver
◦ Chemical Industry
◦ Pharmaceuticals Industry
◦ Dye and Pigments Industry
◦ Textile Industry
Major players operating in the global sodium cyanide market: Cyanco, E. I. DuPont, Australian Gold Reagents, Orica, Evonik, Taekwang Industrial, Tongsuh Petrochemical, Anhui Shuguang Chemical, Korund, Yingkou Sanzheng, Sasol Polymers, Unique Chemical, Tiande Chemical, Lukoil, Hebei Chengxin, Sinopec, and DSM.
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