Global Ammonium Thiocyanate Market (2025-2031) | Pricing Analysis, Strategy, Demand, Investment Trends, Growth, Industry, Competition, Opportunities, Competitive, Consumer Insights, Forecast, Companies, Segments, Drivers, Segmentation, Supply, Share, Analysis, Challenges, Strategic Insights, Restraints, Size, Outlook, Revenue, Value, Trends

Global Ammonium Thiocyanate Market Size & Growth Rate

According to 6Wresearch internal database and industry insights, the global ammonium thiocyanate market size was valued at approximately USD 450 million in 2024 and is expected to grow at a CAGR of 5.4% during the forecast period of 2025-2031. The market is estimated to reach a valuation of around USD 700 million by 2031.

Global Ammonium Thiocyanate Market Highlights

Topics Covered in the Global Ammonium Thiocyanate Market Report

The Global Ammonium Thiocyanate Market report thoroughly covers the market by form, Purity Grade, application, and Regions. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Global Ammonium Thiocyanate Market Synopsis 

Ammonium thiocyanate is an inorganic compound widely used as a precursor in the production of synthetic organic chemicals, dyeing auxiliaries, and photographic solutions. Its unique chemical properties, such as its solubility in water and ethanol, make it highly versatile in industrial applications. The market’s growth can further be linked to increased industrialization in emerging economies and the compound's rising adoption in specialty chemicals and textiles. Additionally, it plays an integral role in various laboratory applications due to its ability to act as a sensitive reagent.

Global Ammonium Thiocyanate Market is expected to grow at a significant CAGR of 5.4% during the forecast period 2025-2031. The increasing demand for ammonium thiocyanate in the chemical industry is one of the primary drivers of market growth. Its pivotal role as a precursor for thiourea production makes it a critical input for multiple sectors, including photography, electroplating, and pesticides. Additionally, its application in textile processing, particularly in dyeing and printing, is on the rise in emerging economies where the textile industry is flourishing. Rising demand for ammonium thiocyanate as a stabilizer in photographic films and chemicals further bolsters Global Ammonium Thiocyanate Market growth. Growth is also stimulated by advancements in chemical processes, particularly with the increasing adoption of sustainable manufacturing technologies.

Global Ammonium Thiocyanate Market Challenges

Despite significant opportunities, the ammonium thiocyanate market faces several challenges. Stringent environmental regulations governing hazardous chemicals pose a notable obstacle to production and export activities. The toxic and hazardous properties of ammonium thiocyanate necessitate stringent handling and disposal measures, increasing operational costs. Additionally, competition from substitutes such as other thiourea derivatives can hinder market expansion. The volatile price of raw materials, driven by fluctuating supply and demand dynamics, remains another significant challenge impacting manufacturers.

Global Ammonium Thiocyanate Market Trends

The ammonium thiocyanate market is influenced by many emerging trends. Increased spending on research and development is resulting in innovative applications for ammonium thiocyanate and is opening up new applications in pharmaceuticals and agriculture. An accelerating trend among industry leaders is to implement environmentally friendly manufacturing processes in order to comply with increasing environmental regulations. In addition, more emphasis is being placed on expanding the geography of sales especially in emerging markets where the industrial sector is growing. The use of ammonium thiocyanate in advanced polymers synthesis and as a reagent to conduct novel chemical reactions is also on the rise.

Investment Opportunities in the Global Ammonium Thiocyanate Market.

Investors are becoming increasing interested in the ammonium thiocyanate sector for its growing applications and constant demand. The Asia-Pacific region is especially lucrative for investments given the large concentration of manufacturing industries in countries like China and India. As well, expanding applications for ammonium thiocyanate in agriculture and packaging also offer a potential investment pathway. Investments in production technologies that are environmentally sustainable and invest in automation can also yield strong returns given both market and regulatory need.

Leading Players of the Global Ammonium Thiocyanate Market

The global ammonium thiocyanate market is characterized by the presence of key players striving to expand production capacities and product portfolios. Leading players include BASF SE, Akzo Nobel N.V., Honeywell International Inc., Sasol Limited, and Evonik Industries AG. These companies are focusing on strategic initiatives such as partnerships, acquisitions, and technology upgrades to strengthen their market position. 

Government Regulations Introduced in the Global Ammonium Thiocyanate 

There are several government regulations throughout the world, that govern the manufacture, use and handling of ammonium thiocyanate. For instance, the REACH Regulation in the European Union requires developing safe uses of chemicals, including ammonium thiocyanate, and safe disposals of chemicals, to eliminate, or reduce the environmental and human health harm caused by these chemicals. Likewise, the United States, through the Environmental Protection Agency (EPA), has restrictions on the allowed concentration of ammonium thiocyanate and other chemicals in discharges to the environment in industrial waste. Recently, the Indian government promulgated updated standards in the 2022 Chemical Management and Safety Rules for safer handling and trade of hazardous chemicals, including ammonium thiocyanate. 

Future Outlook of the Global Ammonium Thiocyanate Market 

The ammonium thiocyanate market is set to see stable growth as chemical research, industrial applications, and new geographies are included in the market mix. New applications will include soil treaters, and pharma manufacturers will see new formulations including ammonium thiocyanate. The global push to greener and more sustainable life cycle for chemicals will impact the future of this market, with much investment expected in "Green Processing" technologies. Market leaders foresee that in the coming years, smart applications of ammonium thiocyanate will be developed to meet industrial specifications in a custom manner.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories. 

Solid Form to Dominate Market- By Form

The solid form dominates the ammonium thiocyanate market, fueled by its extensive usage in laboratories, industrial applications, and its ease of storage and transport. While the liquid form is preferred in specific applications like dyeing solutions, it occupies a relatively smaller segment. 

North America to Dominate Market- By Regions

According to Ravi Bhandari, Research Head, 6Wresearch, North America leads the global ammonium thiocyanate market share due to its well-established industrial base and increasing demand from the chemical and pharmaceutical sectors. Europe follows closely,

Key Attractiveness of the Report

• 10 Years of Market Numbers.
• Historical Data Starting from 2021 to 2024.
• Base Year: 2024
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Global Ammonium Thiocyanate Market Outlook
• Market Size of Global Ammonium Thiocyanate Market, 2024
• Forecast of Global Ammonium Thiocyanate Market, 2031
• Historical Data and Forecast of Global Ammonium Thiocyanate Revenues & Volume for the Period 2021 - 2031
• Global Ammonium Thiocyanate Market Trend Evolution
• Global Ammonium Thiocyanate Market Drivers and Challenges
• Global Ammonium Thiocyanate Price Trends
• Global Ammonium Thiocyanate Porter's Five Forces
• Global Ammonium Thiocyanate Industry Life Cycle
• Historical Data and Forecast of Global Ammonium Thiocyanate Market Revenues & Volume
• Historical Data and Forecast of Global Ammonium Thiocyanate Market Revenues & Volume By Form for the Period 2021 - 2031
• Historical Data and Forecast of Global Ammonium Thiocyanate Market Revenues & Volume By Solid for the Period 2021 - 2031
• Historical Data and Forecast of Global Ammonium Thiocyanate Market Revenues & Volume By Liquid for the Period 2021 - 2031
• Historical Data and Forecast of Global Ammonium Thiocyanate Market Revenues & Volume By Purity Grade for the Period 2021 - 2031
• Historical Data and Forecast of Global Ammonium Thiocyanate Market Revenues & Volume By Less than 95% for the Period 2021 - 2031
• Historical Data and Forecast of Global Ammonium Thiocyanate Market Revenues & Volume By 95% to 98% for the Period 2021 - 2031
• Historical Data and Forecast of Global Ammonium Thiocyanate Market Revenues & Volume By Higher than 98% for the Period 2021 - 2031
• Historical Data and Forecast of Global Ammonium Thiocyanate Market Revenues & Volume By Application for the Period 2021 - 2031
• Historical Data and Forecast of Global Ammonium Thiocyanate Market Revenues & Volume By Chemical Raw Materials for the Period 2021 - 2031
• Historical Data and Forecast of Global Ammonium Thiocyanate Market Revenues & Volume By Printing for the Period 2021 - 2031
• Historical Data and Forecast of Global Ammonium Thiocyanate Market Revenues & Volume By Dyeing for the Period 2021 - 2031
• Historical Data and Forecast of Global Ammonium Thiocyanate Market Revenues & Volume By Others for the Period 2021 - 2031
• Historical Data and Forecast of North America Ammonium Thiocyanate Market Revenues & Volume By Form for the Period 2021 - 2031
• Historical Data and Forecast of North America Ammonium Thiocyanate Market Revenues & Volume By Solid for the Period 2021 - 2031
• Historical Data and Forecast of North America Ammonium Thiocyanate Market Revenues & Volume By Liquid for the Period 2021 - 2031
• Historical Data and Forecast of North America Ammonium Thiocyanate Market Revenues & Volume By Purity Grade for the Period 2021 - 2031
• Historical Data and Forecast of North America Ammonium Thiocyanate Market Revenues & Volume By Less than 95% for the Period 2021 - 2031
• Historical Data and Forecast of North America Ammonium Thiocyanate Market Revenues & Volume By 95% to 98% for the Period 2021 - 2031
• Historical Data and Forecast of North America Ammonium Thiocyanate Market Revenues & Volume By Higher than 98% for the Period 2021 - 2031
• Historical Data and Forecast of North America Ammonium Thiocyanate Market Revenues & Volume By Application for the Period 2021 - 2031
• Historical Data and Forecast of North America Ammonium Thiocyanate Market Revenues & Volume By Chemical Raw Materials for the Period 2021 - 2031
• Historical Data and Forecast of North America Ammonium Thiocyanate Market Revenues & Volume By Printing for the Period 2021 - 2031
• Historical Data and Forecast of North America Ammonium Thiocyanate Market Revenues & Volume By Dyeing for the Period 2021 - 2031
• Historical Data and Forecast of North America Ammonium Thiocyanate Market Revenues & Volume By Others for the Period 2021 - 2031
• Historical Data and Forecast of United States of America Ammonium Thiocyanate Market Revenues & Volume for the Period 2021 - 2031
• Historical Data and Forecast of Canada Ammonium Thiocyanate Market Revenues & Volume for the Period 2021 - 2031
• Historical Data and Forecast of Rest of North America Ammonium Thiocyanate Market Revenues & Volume for the Period 2021 - 2031
• Historical Data and Forecast of Latin America (LATAM) Ammonium Thiocyanate Market Revenues & Volume By Form for the Period 2021 - 2031
• Historical Data and Forecast of Latin America (LATAM) Ammonium Thiocyanate Market Revenues & Volume By Solid for the Period 2021 - 2031
• Historical Data and Forecast of Latin America (LATAM) Ammonium Thiocyanate Market Revenues & Volume By Liquid for the Period 2021 - 2031
• Historical Data and Forecast of Latin America (LATAM) Ammonium Thiocyanate Market Revenues & Volume By Purity Grade for the Period 2021 - 2031
• Historical Data and Forecast of Latin America (LATAM) Ammonium Thiocyanate Market Revenues & Volume By Less than 95% for the Period 2021 - 2031
• Historical Data and Forecast of Latin America (LATAM) Ammonium Thiocyanate Market Revenues & Volume By 95% to 98% for the Period 2021 - 2031
• Historical Data and Forecast of Latin America (LATAM) Ammonium Thiocyanate Market Revenues & Volume By Higher than 98% for the Period 2021 - 2031
• Historical Data and Forecast of Latin America (LATAM) Ammonium Thiocyanate Market Revenues & Volume By Application for the Period 2021 - 2031
• Historical Data and Forecast of Latin America (LATAM) Ammonium Thiocyanate Market Revenues & Volume By Chemical Raw Materials for the Period 2021 - 2031
• Historical Data and Forecast of Latin America (LATAM) Ammonium Thiocyanate Market Revenues & Volume By Printing for the Period 2021 - 2031
• Historical Data and Forecast of Latin America (LATAM) Ammonium Thiocyanate Market Revenues & Volume By Dyeing for the Period 2021 - 2031
• Historical Data and Forecast of Latin America (LATAM) Ammonium Thiocyanate Market Revenues & Volume By Others for the Period 2021 - 2031
• Historical Data and Forecast of Brazil Ammonium Thiocyanate Market Revenues & Volume for the Period 2021 - 2031
• Historical Data and Forecast of Mexico Ammonium Thiocyanate Market Revenues & Volume for the Period 2021 - 2031
• Historical Data and Forecast of Argentina Ammonium Thiocyanate Market Revenues & Volume for the Period 2021 - 2031
• Historical Data and Forecast of Rest of LATAM Ammonium Thiocyanate Market Revenues & Volume for the Period 2021 - 2031
• Historical Data and Forecast of Asia Pacific Ammonium Thiocyanate Market Revenues & Volume By Form for the Period 2021 - 2031
• Historical Data and Forecast of Asia Pacific Ammonium Thiocyanate Market Revenues & Volume By Solid for the Period 2021 - 2031
• Historical Data and Forecast of Asia Pacific Ammonium Thiocyanate Market Revenues & Volume By Liquid for the Period 2021 - 2031
• Historical Data and Forecast of Asia Pacific Ammonium Thiocyanate Market Revenues & Volume By Purity Grade for the Period 2021 - 2031
• Historical Data and Forecast of Asia Pacific Ammonium Thiocyanate Market Revenues & Volume By Less than 95% for the Period 2021 - 2031
• Historical Data and Forecast of Asia Pacific Ammonium Thiocyanate Market Revenues & Volume By 95% to 98% for the Period 2021 - 2031
• Historical Data and Forecast of Asia Pacific Ammonium Thiocyanate Market Revenues & Volume By Higher than 98% for the Period 2021 - 2031
• Historical Data and Forecast of Asia Pacific Ammonium Thiocyanate Market Revenues & Volume By Application for the Period 2021 - 2031
• Historical Data and Forecast of Asia Pacific Ammonium Thiocyanate Market Revenues & Volume By Chemical Raw Materials for the Period 2021 - 2031
• Historical Data and Forecast of Asia Pacific Ammonium Thiocyanate Market Revenues & Volume By Printing for the Period 2021 - 2031
• Historical Data and Forecast of Asia Pacific Ammonium Thiocyanate Market Revenues & Volume By Dyeing for the Period 2021 - 2031
• Historical Data and Forecast of Asia Pacific Ammonium Thiocyanate Market Revenues & Volume By Others for the Period 2021 - 2031
• Historical Data and Forecast of China Ammonium Thiocyanate Market Revenues & Volume for the Period 2021 - 2031
• Historical Data and Forecast of India Ammonium Thiocyanate Market Revenues & Volume for the Period 2021 - 2031
• Historical Data and Forecast of Japan Ammonium Thiocyanate Market Revenues & Volume for the Period 2021 - 2031
• Historical Data and Forecast of Rest of Asia Pacific Ammonium Thiocyanate Market Revenues & Volume for the Period 2021 - 2031
• Historical Data and Forecast of Africa Ammonium Thiocyanate Market Revenues & Volume By Form for the Period 2021 - 2031
• Historical Data and Forecast of Africa Ammonium Thiocyanate Market Revenues & Volume By Solid for the Period 2021 - 2031
• Historical Data and Forecast of Africa Ammonium Thiocyanate Market Revenues & Volume By Liquid for the Period 2021 - 2031
• Historical Data and Forecast of Africa Ammonium Thiocyanate Market Revenues & Volume By Purity Grade for the Period 2021 - 2031
• Historical Data and Forecast of Africa Ammonium Thiocyanate Market Revenues & Volume By Less than 95% for the Period 2021 - 2031
• Historical Data and Forecast of Africa Ammonium Thiocyanate Market Revenues & Volume By 95% to 98% for the Period 2021 - 2031
• Historical Data and Forecast of Africa Ammonium Thiocyanate Market Revenues & Volume By Higher than 98% for the Period 2021 - 2031
• Historical Data and Forecast of Africa Ammonium Thiocyanate Market Revenues & Volume By Application for the Period 2021 - 2031
• Historical Data and Forecast of Africa Ammonium Thiocyanate Market Revenues & Volume By Chemical Raw Materials for the Period 2021 - 2031
• Historical Data and Forecast of Africa Ammonium Thiocyanate Market Revenues & Volume By Printing for the Period 2021 - 2031
• Historical Data and Forecast of Africa Ammonium Thiocyanate Market Revenues & Volume By Dyeing for the Period 2021 - 2031
• Historical Data and Forecast of Africa Ammonium Thiocyanate Market Revenues & Volume By Others for the Period 2021 - 2031
• Historical Data and Forecast of South Africa Ammonium Thiocyanate Market Revenues & Volume for the Period 2021 - 2031
• Historical Data and Forecast of Nigeria Ammonium Thiocyanate Market Revenues & Volume for the Period 2021 - 2031
• Historical Data and Forecast of Egypt Ammonium Thiocyanate Market Revenues & Volume for the Period 2021 - 2031
• Historical Data and Forecast of Rest of Africa Ammonium Thiocyanate Market Revenues & Volume for the Period 2021 - 2031
• Historical Data and Forecast of Europe Ammonium Thiocyanate Market Revenues & Volume By Form for the Period 2021 - 2031
• Historical Data and Forecast of Europe Ammonium Thiocyanate Market Revenues & Volume By Solid for the Period 2021 - 2031
• Historical Data and Forecast of Europe Ammonium Thiocyanate Market Revenues & Volume By Liquid for the Period 2021 - 2031
• Historical Data and Forecast of Europe Ammonium Thiocyanate Market Revenues & Volume By Purity Grade for the Period 2021 - 2031
• Historical Data and Forecast of Europe Ammonium Thiocyanate Market Revenues & Volume By Less than 95% for the Period 2021 - 2031
• Historical Data and Forecast of Europe Ammonium Thiocyanate Market Revenues & Volume By 95% to 98% for the Period 2021 - 2031
• Historical Data and Forecast of Europe Ammonium Thiocyanate Market Revenues & Volume By Higher than 98% for the Period 2021 - 2031
• Historical Data and Forecast of Europe Ammonium Thiocyanate Market Revenues & Volume By Application for the Period 2021 - 2031
• Historical Data and Forecast of Europe Ammonium Thiocyanate Market Revenues & Volume By Chemical Raw Materials for the Period 2021 - 2031
• Historical Data and Forecast of Europe Ammonium Thiocyanate Market Revenues & Volume By Printing for the Period 2021 - 2031
• Historical Data and Forecast of Europe Ammonium Thiocyanate Market Revenues & Volume By Dyeing for the Period 2021 - 2031
• Historical Data and Forecast of Europe Ammonium Thiocyanate Market Revenues & Volume By Others for the Period 2021 - 2031
• Historical Data and Forecast of United Kingdom Ammonium Thiocyanate Market Revenues & Volume for the Period 2021 - 2031
• Historical Data and Forecast of France Ammonium Thiocyanate Market Revenues & Volume for the Period 2021 - 2031
• Historical Data and Forecast of Germany Ammonium Thiocyanate Market Revenues & Volume for the Period 2021 - 2031
• Historical Data and Forecast of Rest of Europe Ammonium Thiocyanate Market Revenues & Volume for the Period 2021 - 2031
• Historical Data and Forecast of Middle East Ammonium Thiocyanate Market Revenues & Volume By Form for the Period 2021 - 2031
• Historical Data and Forecast of Middle East Ammonium Thiocyanate Market Revenues & Volume By Solid for the Period 2021 - 2031
• Historical Data and Forecast of Middle East Ammonium Thiocyanate Market Revenues & Volume By Liquid for the Period 2021 - 2031
• Historical Data and Forecast of Middle East Ammonium Thiocyanate Market Revenues & Volume By Purity Grade for the Period 2021 - 2031
• Historical Data and Forecast of Middle East Ammonium Thiocyanate Market Revenues & Volume By Less than 95% for the Period 2021 - 2031
• Historical Data and Forecast of Middle East Ammonium Thiocyanate Market Revenues & Volume By 95% to 98% for the Period 2021 - 2031
• Historical Data and Forecast of Middle East Ammonium Thiocyanate Market Revenues & Volume By Higher than 98% for the Period 2021 - 2031
• Historical Data and Forecast of Middle East Ammonium Thiocyanate Market Revenues & Volume By Application for the Period 2021 - 2031
• Historical Data and Forecast of Middle East Ammonium Thiocyanate Market Revenues & Volume By Chemical Raw Materials for the Period 2021 - 2031
• Historical Data and Forecast of Middle East Ammonium Thiocyanate Market Revenues & Volume By Printing for the Period 2021 - 2031
• Historical Data and Forecast of Middle East Ammonium Thiocyanate Market Revenues & Volume By Dyeing for the Period 2021 - 2031
• Historical Data and Forecast of Middle East Ammonium Thiocyanate Market Revenues & Volume By Others for the Period 2021 - 2031
• Historical Data and Forecast of Saudi Arabia Ammonium Thiocyanate Market Revenues & Volume for the Period 2021 - 2031
• Historical Data and Forecast of UAE Ammonium Thiocyanate Market Revenues & Volume for the Period 2021 - 2031
• Historical Data and Forecast of Turkey Ammonium Thiocyanate Market Revenues & Volume for the Period 2021 - 2031
• Historical Data and Forecast of Rest of Middle East Ammonium Thiocyanate Market Revenues & Volume for the Period 2021 - 2031
• Global Ammonium Thiocyanate Market - Key Performance Indicators
• Global Ammonium Thiocyanate Market - Import Export Trade Statistics
• Global Ammonium Thiocyanate Market - Opportunity Assessment By Countries
• Global Ammonium Thiocyanate Market - Opportunity Assessment By Form
• Global Ammonium Thiocyanate Market - Opportunity Assessment By Purity Grade
• Global Ammonium Thiocyanate Market - Opportunity Assessment By Application
• Global Ammonium Thiocyanate Market - Top Companies Market Share
• Global Ammonium Thiocyanate Market - Top Companies Profiles
• Global Ammonium Thiocyanate Market - Comparison of Players in Technical and Operating Parameters
• Global Ammonium Thiocyanate Market - Strategic Recommendations

Markets Covered

The market report provides a detailed analysis of the following market segments:

By Regions and Countries

• North America
• Europe
• LATAM
• Middle East
• Asia Pacific and Africa

By Form

• Soli
• Liquid

By Purity Grade

• Less than 95%
• 95% to 98%
• Higher than 98%

By Application

• Chemical Raw Materials
• Printing
• Dyeing
• Others