Market Forecast by Regions and Countries (North America, Europe, LATAM, Middle East, Asia and Africa), By Type (Industrial Grade, Technical Grade, Pharmaceutical Grade), By Application (Chemical Analysis Reagent, Polyacrylonitrile Fiber Spinning Solvent, Color Film Rinses, Defoliants, Propylene Fiber), By Vertical (Pharmaceutical, Construction, Fiber, Agriculture, Others) And Competitive Landscape
Product Code: ETC13231325 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Sodium Thiocyanate Market was valued at USD 0.3 Billion in 2024 and is expected to reach USD 0.4 Billion by 2031, growing at a compound annual growth rate of 4.20% during the forecast period (2025-2031).
Report Name | Global Sodium Thiocyanate Market |
Forecast Period | 2025-2031 |
Market Size | USD 0.4 Billion by 2031 |
CAGR | 4.20% |
Growing Sector | Pharmaceutical |
The Global Sodium Thiocyanate Market report thoroughly covers the market by Type, Vertical, 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.
Increasing demand across pharmaceuticals, agriculture, textiles, and chemical industries is driving the global sodium thiocyanate market for a stable progress. Its role as an intermediate and reagent in various synthesis procedures promotes its broad industrial application. Agrochemical expansion and rapid industrialization and fuels the Asia-Pacific region to lead the market. However, environmental regulations and raw material availability act as obstacles faced by the market.
Global Sodium Thiocyanate Market is expected to grow at a significant CAGR of 4.20% during the forecast period 2025-2031. The global sodium thiocyanate market growth is led by its well-known use in textiles, industrial processes, agrochemicals, and pharmaceuticals. It functions as a vital intermediate in drug synthesis and is utilized in fiber treatment and herbicides. Rising demand for specialty chemicals and rapid industrialization in emerging economies, especially in Asia-Pacific, further stimulate market growth in several end-use segments.
The global sodium thiocyanate market comes across significant challenges including stringent environmental guidelines concerning its disposal and production and volatile raw material costs. Careful handling is necessary regarding safety and health issues due to its toxic nature, which increases operational prices. In addition, competition from substitute chemicals and lack of awareness in developing industries hinder market expansion and scalability through several application and regions.
The global sodium thiocyanate market is witnessing transforming trends: stronger pharmaceutical demand for intermediates and synthesis, increasing agricultural use in defoliants and herbicides, and expanded applications in textiles for dye fixation. Technological innovation in production, regulatory support for green chemicals, eco‑friendly formulations, strategic partnerships further fuel development, especially in evolving economies.
Compelling investment prospects are provided in the global sodium thiocyanate industry, particularly in Asia-Pacific due to growing demand in textiles, pharmaceuticals, agrochemicals, and rapid industrialization. Potential exists in specialty chemical innovation, eco-friendly formulations, and green mining. Competitiveness can be improved by capacity expansion, strategic R&D, and partnership, while evolving applications in sustainable agriculture and water treatment offer additional growth pathways.
Nouryon, Hebei Chengxin, BASF SE, and Tata Chemicals are some of the prominent players in the global sodium thiocyanate market, accompanied by regional suppliers like Shandong Jinyue Chemical and Hydrite Chemical. Extensive distribution networks and advanced production technologies are the major factors for domination by these companies. China maintains its dominance as a major manufacturer, while North America and Europe are dependent on both global giants and specialized regional producers.
Governments worldwide have implemented various regulations to oversee the production, distribution, and usage of sodium thiocyanate, ensuring both safety and environmental compliance. These regulations primarily focus on minimizing environmental impact by controlling emissions and ensuring proper waste management during manufacturing processes. For instance, industries must adhere to strict guidelines for disposing of thiocyanate-containing byproducts to prevent water and soil contamination.
Additionally, workplace safety standards have been established to protect workers from potential exposure risks, such as limiting permissible air concentrations in manufacturing facilities. Regulatory frameworks, such as the European Union’s REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals) and equivalent national standards, play a significant role in enforcing these measures.
The global sodium thiocyanate market is estimated to develop gradually, led by growing demand in chemical processing, agriculture, pharmaceuticals, mining, and textiles. Asia-Pacific has the strongest expansion, afterwards vigorous progress in Europe and North America. Potential exists in green agriculture formulations, eco-friendly production, and tactical partnerships, while regulatory compliance, competition from alternatives, and raw material uncertainty are the barriers that need to be addressed.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
The pharmaceutical sector is the largest consumer of sodium thiocyanate globally, owing to its critical role as an intermediate in drug manufacturing. It is widely used in synthesizing active pharmaceutical ingredients (APIs), especially in antihypertensive and vasodilator medications.
According to Ravi Bhandari, Research Head, 6Wresearch, Asia‑Pacific leads the market. This dominance is fueled by rapid industrialization in China and India, driven by strong demand across pharmaceuticals, agriculture, textiles, mining, and construction sectors.
The market report provides a detailed analysis of the following market segments:
Global Sodium Thiocyanate Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Sodium Thiocyanate Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Sodium Thiocyanate Market Revenues & Volume, 2021 & 2031F |
3.3 Global Sodium Thiocyanate Market - Industry Life Cycle |
3.4 Global Sodium Thiocyanate Market - Porter's Five Forces |
3.5 Global Sodium Thiocyanate Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Sodium Thiocyanate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Sodium Thiocyanate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Global Sodium Thiocyanate Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Global Sodium Thiocyanate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Sodium Thiocyanate Market Trends |
6 Global Sodium Thiocyanate Market, 2021 - 2031 |
6.1 Global Sodium Thiocyanate Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Sodium Thiocyanate Market, Revenues & Volume, By Industrial Grade, 2021 - 2031 |
6.1.3 Global Sodium Thiocyanate Market, Revenues & Volume, By Technical Grade, 2021 - 2031 |
6.1.4 Global Sodium Thiocyanate Market, Revenues & Volume, By Pharmaceutical Grade, 2021 - 2031 |
6.2 Global Sodium Thiocyanate Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Sodium Thiocyanate Market, Revenues & Volume, By Chemical Analysis Reagent, 2021 - 2031 |
6.2.3 Global Sodium Thiocyanate Market, Revenues & Volume, By Polyacrylonitrile Fiber Spinning Solvent, 2021 - 2031 |
6.2.4 Global Sodium Thiocyanate Market, Revenues & Volume, By Color Film Rinses, 2021 - 2031 |
6.2.5 Global Sodium Thiocyanate Market, Revenues & Volume, By Defoliants, 2021 - 2031 |
6.2.6 Global Sodium Thiocyanate Market, Revenues & Volume, By Propylene Fiber, 2021 - 2031 |
6.3 Global Sodium Thiocyanate Market, Revenues & Volume, By Vertical, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Sodium Thiocyanate Market, Revenues & Volume, By Pharmaceutical, 2021 - 2031 |
6.3.3 Global Sodium Thiocyanate Market, Revenues & Volume, By Construction, 2021 - 2031 |
6.3.4 Global Sodium Thiocyanate Market, Revenues & Volume, By Fiber, 2021 - 2031 |
6.3.5 Global Sodium Thiocyanate Market, Revenues & Volume, By Agriculture, 2021 - 2031 |
6.3.6 Global Sodium Thiocyanate Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Sodium Thiocyanate Market, Overview & Analysis |
7.1 North America Sodium Thiocyanate Market Revenues & Volume, 2021 - 2031 |
7.2 North America Sodium Thiocyanate Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Sodium Thiocyanate Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Sodium Thiocyanate Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Sodium Thiocyanate Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Sodium Thiocyanate Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Sodium Thiocyanate Market, Revenues & Volume, By Application, 2021 - 2031 |
7.5 North America Sodium Thiocyanate Market, Revenues & Volume, By Vertical, 2021 - 2031 |
8 Latin America (LATAM) Sodium Thiocyanate Market, Overview & Analysis |
8.1 Latin America (LATAM) Sodium Thiocyanate Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Sodium Thiocyanate Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Sodium Thiocyanate Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Sodium Thiocyanate Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Sodium Thiocyanate Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Sodium Thiocyanate Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Sodium Thiocyanate Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Sodium Thiocyanate Market, Revenues & Volume, By Application, 2021 - 2031 |
8.5 Latin America (LATAM) Sodium Thiocyanate Market, Revenues & Volume, By Vertical, 2021 - 2031 |
9 Asia Sodium Thiocyanate Market, Overview & Analysis |
9.1 Asia Sodium Thiocyanate Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Sodium Thiocyanate Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Sodium Thiocyanate Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Sodium Thiocyanate Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Sodium Thiocyanate Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Sodium Thiocyanate Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Sodium Thiocyanate Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Sodium Thiocyanate Market, Revenues & Volume, By Application, 2021 - 2031 |
9.5 Asia Sodium Thiocyanate Market, Revenues & Volume, By Vertical, 2021 - 2031 |
10 Africa Sodium Thiocyanate Market, Overview & Analysis |
10.1 Africa Sodium Thiocyanate Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Sodium Thiocyanate Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Sodium Thiocyanate Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Sodium Thiocyanate Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Sodium Thiocyanate Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Sodium Thiocyanate Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Sodium Thiocyanate Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Sodium Thiocyanate Market, Revenues & Volume, By Application, 2021 - 2031 |
10.5 Africa Sodium Thiocyanate Market, Revenues & Volume, By Vertical, 2021 - 2031 |
11 Europe Sodium Thiocyanate Market, Overview & Analysis |
11.1 Europe Sodium Thiocyanate Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Sodium Thiocyanate Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Sodium Thiocyanate Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Sodium Thiocyanate Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Sodium Thiocyanate Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Sodium Thiocyanate Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Sodium Thiocyanate Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Sodium Thiocyanate Market, Revenues & Volume, By Application, 2021 - 2031 |
11.5 Europe Sodium Thiocyanate Market, Revenues & Volume, By Vertical, 2021 - 2031 |
12 Middle East Sodium Thiocyanate Market, Overview & Analysis |
12.1 Middle East Sodium Thiocyanate Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Sodium Thiocyanate Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Sodium Thiocyanate Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Sodium Thiocyanate Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Sodium Thiocyanate Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Sodium Thiocyanate Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Sodium Thiocyanate Market, Revenues & Volume, By Application, 2021 - 2031 |
12.5 Middle East Sodium Thiocyanate Market, Revenues & Volume, By Vertical, 2021 - 2031 |
13 Global Sodium Thiocyanate Market Key Performance Indicators |
14 Global Sodium Thiocyanate Market - Export/Import By Countries Assessment |
15 Global Sodium Thiocyanate Market - Opportunity Assessment |
15.1 Global Sodium Thiocyanate Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Sodium Thiocyanate Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Sodium Thiocyanate Market Opportunity Assessment, By Application, 2021 & 2031F |
15.4 Global Sodium Thiocyanate Market Opportunity Assessment, By Vertical, 2021 & 2031F |
16 Global Sodium Thiocyanate Market - Competitive Landscape |
16.1 Global Sodium Thiocyanate Market Revenue Share, By Companies, 2024 |
16.2 Global Sodium Thiocyanate Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |