Hydrogen Cyanide Market

By Structure Type;

Hydrogen Cyanide (HCN) Liquid and Hydrogen Cyanide (HCN) Gas

By Production Method;

Anderson's Process, Bergius Process, and Sodium Cyanide Method

By Distribution Method;

Pipeline Transportation, Compressed Hydrogen Transport, and Liquid Hydrogen Transport

By Application;

Sodium Cyanide & Potassium Cyanide, Adiponitrile, Acetone Cyanohydrin, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn226062782 Published Date: August, 2025

Hydrogen Cyanide Market Overview

Hydrogen Cyanide Market (USD Million)

Hydrogen Cyanide Market was valued at USD 2,330.58 million in the year 2024.The size of this market is expected to increase to USD 2,695.53 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 2.1%.


Hydrogen Cyanide Market

*Market size in USD million

CAGR 2.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)2.1 %
Market Size (2024)USD 2,330.58 Million
Market Size (2031)USD 2,695.53 Million
Market ConcentrationHigh
Report Pages361
2,330.58
2024
2,695.53
2031

Major Players

  • Air Liquide
  • Hindusthan Chemicals Company
  • Matheson Tri-Gas Inc.
  • Evonik Industries
  • INEOS
  • Ascend Performance Materials
  • Triveni Chemicals

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Hydrogen Cyanide Market

Fragmented - Highly competitive market without dominant players


The Hydrogen Cyanide Market is witnessing growth due to its diverse applications in various industries, particularly in the production of plastics, chemicals, and pharmaceuticals. Hydrogen cyanide is a vital precursor for producing several key chemicals, including acrylonitrile, adiponitrile, and sodium cyanide. The market has grown by approximately 10% in recent years, driven by the increased demand for synthetic materials and chemicals.

Key Applications Fueling Growth
The major applications of hydrogen cyanide include its use in the production of synthetic fibers, such as acrylonitrile, and in the manufacturing of pharmaceuticals. The demand for hydrogen cyanide has surged by about 12% due to the growing use of acrylonitrile in the production of plastics, automotive parts, and textiles.

Internet of Things Enabled Industrial Wearables Market is transforming operations by enhancing safety, boosting productivity, and enabling real-time monitoring. Adoption of IoT-enabled wearables has surged by over 40%, as industries leverage instant data collection and analysis. This seamless connectivity is reshaping industries through data-driven decisions and predictive maintenance.

Key Drivers Accelerating Growth
The emphasis on worker safety and operational efficiency significantly fuels market momentum. Nearly 35% of organizations have integrated IoT wearables to minimize workplace risks. These devices provide real-time health monitoring, location tracking, and environmental sensing, helping industries enforce stringent safety measures while optimizing workflows.

Challenges in Production
While the demand for hydrogen cyanide continues to grow, there are challenges related to its production, including the high costs associated with manufacturing processes. The complex and energy-intensive nature of its production limits market expansion, with the cost of hydrogen cyanide rising by approximately 6% over recent years.

Technological Advancements
Innovations in production technologies have contributed significantly to the growth of the hydrogen cyanide market. The development of more sustainable and cost-effective production methods has been a key factor in market expansion, with new technologies improving yield and reducing environmental impact by around 5%.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Structure Type
    2. Market Snapshot, By Production Method
    3. Market Snapshot, By Distribution Method
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Hydrogen Cyanide Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growth in Agrochemical Production
        2. Rising Use in Mining and Metal Processing
        3. Expansion in Pharmaceutical Applications
        4. Technological Advances in Production Methods
      2. Restraints
        1. Strict Environmental Regulations
        2. High Production and Handling Costs
        3. Limited Availability of Raw Materials
        4. Public Perception and Resistance
      3. Opportunities
        1. Development of Bio-based Alternatives
        2. Expansion in Emerging Markets
        3. Increasing Demand for Specialty Chemicals
        4. Adoption of Sustainable Production Practices
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Hydrogen Cyanide Market, By Structure Type, 2021 - 2031 (USD Million)
      1. Hydrogen Cyanide (HCN) Gas
      2. Hydrogen Cyanide (HCN) Liquid
    2. Hydrogen Cyanide Market, By Production Method, 2021 - 2031 (USD Million)

      1. Anderson's Process

      2. Bergius Process

      3. Sodium Cyanide Method

    3. Hydrogen Cyanide Market, By Distribution Method, 2021 - 2031 (USD Million)

      1. Pipeline Transportation

      2. Compressed Hydrogen Transport

      3. Liquid Hydrogen Transport

    4. Hydrogen Cyanide Market, By Application, 2021 - 2031 (USD Million)
      1. Sodium Cyanide & Potassium Cyanide
      2. Adiponitrile
      3. Acetone Cyanohydrin
      4. Others
    5. Hydrogen Cyanide Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Air Liquide
      2. Hindusthan Chemicals Company
      3. Matheson Tri-Gas Inc.
      4. Evonik Industries
      5. INEOS
      6. Ascend Performance Materials
      7. Triveni Chemicals
  7. Analyst Views
  8. Future Outlook of the Market