The global Sodium Cyanide market size is predicted to grow from US$ 2370 million in 2025 to US$ 2950 million in 2031; it is expected to grow at a CAGR of 3.7% from 2025 to 2031.
Sodium Cyanide is an inorganic compound with the formula NaCN. Sodium Cyanide, a white, water-soluble solid, is a kind of important basic chemical raw materials. Cyanide has a high affinity for metals, which leads to the high toxicity of this salt. When it is treated with acid, it forms the toxic gas hydrogen cyanide.
The sodium cyanide market is primarily driven by its significant role in the mining industry, particularly in gold and silver extraction processes. Sodium cyanide is used in a process known as cyanidation, where it forms a soluble complex with metals like gold, allowing for efficient metal recovery. This makes the mining sector the largest consumer of sodium cyanide, with the growing demand for precious metals bolstering the market.
Key factors driving the sodium cyanide market include increasing gold mining activities due to rising gold prices and the expansion of the mining industry in regions like North America, Asia-Pacific, and Africa. Environmental regulations related to cyanide use and disposal are also shaping the market, pushing companies to adopt more sustainable practices.
However, the market faces challenges such as the toxicity of sodium cyanide and the stringent environmental regulations surrounding its use, transportation, and disposal. Companies are under pressure to develop safer alternatives and improve handling practices to reduce the risk of accidents and contamination.
Regionally, the sodium cyanide market is dominated by countries with significant mining industries, such as China, Australia, South Africa, and the United States. These regions have well-established supply chains and production facilities to meet the demand for sodium cyanide.
LP Information, Inc. (LPI) ' newest research report, the “Sodium Cyanide Industry Forecast” looks at past sales and reviews total world Sodium Cyanide sales in 2024, providing a comprehensive analysis by region and market sector of projected Sodium Cyanide sales for 2025 through 2031. With Sodium Cyanide sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sodium Cyanide industry.
This Insight Report provides a comprehensive analysis of the global Sodium Cyanide landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Sodium Cyanide portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Sodium Cyanide market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sodium Cyanide and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sodium Cyanide.
This report presents a comprehensive overview, market shares, and growth opportunities of Sodium Cyanide market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Solid Sodium Cyanide
Liquid Sodium Cyanide
Segmentation by Application:
Mining Industry
Chemical Industry
Electroplating
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Cyanco
Draslovka
Hebei Chengxin
Australian Gold Reagent
Orica
Anhui Shuguang Chemical Group
Tiande Chemical
Tongsuh Petrochemical
Taekwang Industrial
Lukoil
CyPlus
Unigel
Korund Group
Yingkou Sanzheng
Jincheng Hongsheng Chemical
Changsha Hekang Chemical
Nippon Soda
Imperial Chemical Corporation
Sasol Polymers
Union Group Chemical
Asahi Kasei
Key Questions Addressed in this Report
What is the 10-year outlook for the global Sodium Cyanide market?
What factors are driving Sodium Cyanide market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Sodium Cyanide market opportunities vary by end market size?
How does Sodium Cyanide break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook