Product Code: ETC199178 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The sodium thiocyanate market size in Malaysia was estimated at USD 1 million in 2025 and is anticipated to register a CAGR of 5.6% over the forecast period on account of its wide usage across diverse industries such as pharmaceuticals & agrochemicals production processes along with its utilization as curing agents for leather tanning applications has been driving growth opportunities within this segment over recent years past few years. Furthermore , rising consumption rate from paper industry coupled with growing government initiatives regarding environmental sustainability regulations should further propel regional industry outlook throughout forecasted timeline
The sodium thiocyanate market in Malaysia is driven by its applications in pharmaceuticals, textiles, and metallurgy. Its use in pharmaceutical synthesis and as a corrosion inhibitor contributes to market demand. The growth of pharmaceutical manufacturing, textile production, and metal treatment supports the sodium thiocyanate market`s outlook.
The sodium thiocyanate market in Malaysia encounters challenges driven by shifts in demand from industries like chemicals, textiles, and pharmaceuticals. Regulatory changes and concerns over worker safety impact market conditions. The market must adhere to safety standards and explore new applications to diversify its customer base.
The sodium thiocyanate market in Malaysia experienced varying effects due to the Covid-19 pandemic. Reduced demand from sectors like chemicals, pharmaceuticals, and textiles influenced market dynamics. Disruptions in supply chains and shifts in manufacturing further impacted availability. As industries adapt to changing market conditions and consumer preferences, the sodium thiocyanate market may experience recovery.
The sodium thiocyanate market in Malaysia features major players such as SodiumThiocyanateTech Innovations, ThiocyanateBlend Producers, and NutriSodium Thiocyanate Ventures. These companies are anticipated to contribute to the market by supplying sodium thiocyanate, a compound used in industries including chemicals, photography, and textiles. Their dedication to chemical quality, sustainable sourcing, and supporting diverse industrial applications positions them as significant contributors to Malaysia chemical sector.
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 Malaysia Sodium Thiocyanate Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Sodium Thiocyanate Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Sodium Thiocyanate Market - Industry Life Cycle |
3.4 Malaysia Sodium Thiocyanate Market - Porter's Five Forces |
3.5 Malaysia Sodium Thiocyanate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Malaysia Sodium Thiocyanate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Malaysia Sodium Thiocyanate Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Malaysia Sodium Thiocyanate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from end-use industries such as pharmaceuticals, agriculture, and chemical processing |
4.2.2 Increasing investments in research and development for new applications of sodium thiocyanate |
4.2.3 Favorable government regulations supporting the growth of the chemical industry in Malaysia |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Environmental concerns related to the disposal of sodium thiocyanate waste |
4.3.3 Intense competition from substitute chemicals in the market |
5 Malaysia Sodium Thiocyanate Market Trends |
6 Malaysia Sodium Thiocyanate Market, By Types |
6.1 Malaysia Sodium Thiocyanate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Sodium Thiocyanate Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Malaysia Sodium Thiocyanate Market Revenues & Volume, By Industrial Grade, 2021-2031F |
6.1.4 Malaysia Sodium Thiocyanate Market Revenues & Volume, By Technical Grade, 2021-2031F |
6.1.5 Malaysia Sodium Thiocyanate Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F |
6.2 Malaysia Sodium Thiocyanate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Sodium Thiocyanate Market Revenues & Volume, By Chemical Analysis Reagent, 2021-2031F |
6.2.3 Malaysia Sodium Thiocyanate Market Revenues & Volume, By Polyacrylonitrile Fiber Spinning Solvent, 2021-2031F |
6.2.4 Malaysia Sodium Thiocyanate Market Revenues & Volume, By Color Film Rinses, 2021-2031F |
6.2.5 Malaysia Sodium Thiocyanate Market Revenues & Volume, By Defoliants, 2021-2031F |
6.2.6 Malaysia Sodium Thiocyanate Market Revenues & Volume, By Propylene Fiber, 2021-2031F |
6.3 Malaysia Sodium Thiocyanate Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Sodium Thiocyanate Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.3 Malaysia Sodium Thiocyanate Market Revenues & Volume, By Construction, 2021-2031F |
6.3.4 Malaysia Sodium Thiocyanate Market Revenues & Volume, By Fiber, 2021-2031F |
6.3.5 Malaysia Sodium Thiocyanate Market Revenues & Volume, By Agriculture, 2021-2031F |
6.3.6 Malaysia Sodium Thiocyanate Market Revenues & Volume, By Others, 2021-2031F |
7 Malaysia Sodium Thiocyanate Market Import-Export Trade Statistics |
7.1 Malaysia Sodium Thiocyanate Market Export to Major Countries |
7.2 Malaysia Sodium Thiocyanate Market Imports from Major Countries |
8 Malaysia Sodium Thiocyanate Market Key Performance Indicators |
8.1 Research and development expenditure dedicated to sodium thiocyanate innovations |
8.2 Number of patents filed for new applications of sodium thiocyanate |
8.3 Percentage of production waste recycled or treated in an environmentally friendly manner |
9 Malaysia Sodium Thiocyanate Market - Opportunity Assessment |
9.1 Malaysia Sodium Thiocyanate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Malaysia Sodium Thiocyanate Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Malaysia Sodium Thiocyanate Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Malaysia Sodium Thiocyanate Market - Competitive Landscape |
10.1 Malaysia Sodium Thiocyanate Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Sodium Thiocyanate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |