Hydrazine Hydrate Market Expected to Grow at 4.8% CAGR, Driven by Aerospace and Automotive Industries

Hydrazine hydrate has been witnessing an exponentially increasing demand in the aerospace market. In 2020, the global aerospace market was valued at US$ 300 billion. With a lot of emphasis being laid on national security, the aerospace market is expected to grow. Hydrazine hydrate has been used particularly in rockets owing to its ability to …

Rising Global Demand and Diverse Applications Forecast a Promising Future: Hydrazine Hydrate Market Projected to Surpass US$ 784 Million by 2033

As per the recent market research conducted by FMI, the hydrazine hydrate market is expected to record a CAGR of 4.8% between 2023 and 2033. By 2033, the market valuation is expected to cross US$ 784 million. In 2023, the estimation is projected to be at US$ 488.9 million. Hydrazine hydrate has been witnessing an exponentially increasing …