Solid Sodium Cyanide Market Growth Analysis, Market Dynamics, Key Players and Innovations, Outlook and Forecast 2025-2032
- siddhesh kapshikar
- Apr 25
- 1 min read
The global solid sodium cyanide market was valued at approximately US$ 1,551.15 million in 2024 and is projected to reach US$ 2,206.02 million by 2031, growing at a CAGR of 4.96% from 2025 to 2031. This growth is driven by increasing demand in gold mining, industrial chemical manufacturing, and electroplating industries.
Solid sodium cyanide is an inorganic compound with the formula NaCN. It is a white, water-soluble solid that is highly toxic. Sodium cyanide is primarily used in the mining industry for gold and silver extraction. It is also utilized in various industrial applications, including electroplating, chemical manufacturing, and organic synthesis.
North America: Expected to grow from US$ 352.18 million in 2024 to US$ 511.28 million by 2031, at a CAGR of 5.57%.
China: Forecasted to expand from US$ 377.91 million in 2024 to US$ 563.94 million by 2031, at a CAGR of 5.54%.
Europe: Estimated to increase from US$ 160.70 million in 2024 to US$ 216.76 million by 2031, at a CAGR of 4.03%.
Competitor Analysis
Leading global manufacturers include:
Draslovka
Orica
Hebei Chengxin
Australian Gold Reagent
Anhui Shuguang Chemical
Taekwang Industrial
Tongsuh Petrochemical
Lukoil
CyPlus
Market Segmentation (by Application)
Mining Industry
Chemical Industry
Electroplating
Others
Market Segmentation (by Type)
Purity >=98%
Purity <98%
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