Table of Contents
Overview
New York, NY – Nov 06, 2025 – The Global Sodium Thiocyanate Market is projected to reach USD 332.4 million by 2034, rising from USD 198.3 million in 2024, at a CAGR of 5.3%. The Asia-Pacific region dominates with 47.9% of the market, driven by expanding textile, pharmaceutical, and industrial sectors.
Sodium Thiocyanate (NaSCN) is a water-soluble inorganic compound vital for producing acrylic fibers, pharmaceuticals, dyes, and herbicides. It acts as a solvent for polyacrylonitrile in textiles and supports diagnostic reagent development in healthcare. Market growth is fueled by increased chemical synthesis, laboratory use, and polymer production.
Rising sustainability goals in textile processing and growing diagnostic testing further boost demand. Additionally, broader investments in chemical and cleaning sectors, such as Rinse’s $23 million Series D funding led by LG Investors and its earlier $14 million Series B round in San Francisco, along with $3.5 million in seed capital, underscore industrial growth and chemical innovation.
These developments collectively reflect increasing consumption of sodium thiocyanate in detergents, fiber spinning, and textile-care industries, reinforcing its essential role in global industrial chemistry.
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Key Takeaways
- The Global Sodium Thiocyanate Market is expected to be worth around USD 332.4 million by 2034, up from USD 198.3 million in 2024, and is projected to grow at a CAGR of 5.3% from 2025 to 2034.
- In 2024, the sodium thiocyanate market was majorly dominated by industrial grade, holding a 47.3% share.
- The Sodium Thiocyanate Market saw strong application in polyacrylonitrile fiber spinning, accounting for a 34.2% share.
- In the Sodium Thiocyanate Market, pharmaceutical end-use dominated with a 39.8% share in 2024.
- The strong market presence in Asia-Pacific 47.9% share, is driven by expanding industrial chemical applications.
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Report Scope
| Report Features | Description |
|---|---|
| Market Value (2024) | USD 198.3 Million |
| Forecast Revenue (2034) | USD 332.4 Million |
| CAGR (2025-2034) | 5.3% |
| Segments Covered | By Type (Industrial Grade, Technical Grade, Pharmaceutical Grade), By Application (Chemical Analysis Reagent, Polyacrylonitrile Fiber Spinning Solvent, Color Film Rinses, Defoliants and Propylene Fiber, Others), By End Use (Pharmaceutical, Building and Construction, Agriculture, Others) |
| Competitive Landscape | Taisheng Chemical, Dongsheng Chemical, Hebei Chengxin, Jiaozuo Henghua Chemical, Shandong Tiancheng Chemical, Anhui Shuguang Chemical, Henan Province Tianshui Chemical, Ronas Chemical, Honeywell |
Key Market Segments
By Type Analysis
In 2024, Industrial Grade Sodium Thiocyanate dominated the market’s By Type segment, capturing a 47.3% share. This strong position stems from its widespread application in textile fiber production, chemical synthesis, and dye formulation. Known for its high solubility and stability, industrial-grade sodium thiocyanate is essential in large-scale industrial processes, particularly in acrylic fiber manufacturing, electroplating, and photographic chemical production. Its consistent demand is fueled by expanding industrial output and technological progress in chemical processing.
Moreover, ongoing advancements in material formulation and manufacturing efficiency continue to reinforce the product’s central role, ensuring its contribution to overall market revenue growth and industrial development across diverse sectors such as textiles, coatings, and specialty chemicals.
By Application Analysis
In 2024, Polyacrylonitrile Fiber Spinning Solvent dominated the By Application segment of the Sodium Thiocyanate Market, securing a 34.2% share. This leadership is attributed to its crucial function as a solvent in polyacrylonitrile fiber production, which forms the base for textiles, carpets, and industrial fabrics.
Renowned for its exceptional solubility and thermal stability, sodium thiocyanate ensures uniform fiber spinning and enhances the quality of synthetic materials. The rising global demand for durable and lightweight synthetic fibers in apparel and industrial textiles continues to strengthen this segment.
Moreover, advancements in polymer spinning technologies and growing industrial textile manufacturing have reinforced its dominance. This sustained growth underscores sodium thiocyanate’s vital contribution to fiber production efficiency and consistent product performance across the textile industry.
By End Use Analysis
In 2024, the Pharmaceutical segment dominated the By End Use category of the Sodium Thiocyanate Market, capturing a 39.8% share. This leadership stems from the compound’s extensive use in synthesizing pharmaceutical intermediates, diagnostic reagents, and therapeutic compounds. Owing to its high purity and strong chemical reactivity, sodium thiocyanate is essential in developing medical diagnostics and drug formulations.
The continuous expansion of global pharmaceutical manufacturing facilities and growing emphasis on healthcare innovation have further strengthened this segment’s position. Additionally, its consistent application in laboratory reagents and clinical testing reinforces its indispensable role in biomedical research and pharmaceutical production, making it a cornerstone material in advancing modern healthcare solutions.
Regional Analysis
In 2024, Asia-Pacific led the global Sodium Thiocyanate Market with a 47.9% share, valued at USD 94.9 million. This dominance is driven by the region’s robust textile, pharmaceutical, and chemical manufacturing industries, especially in China, India, and Japan. Strong industrial infrastructure and large-scale production of acrylic fibers and dyes continue to strengthen its market position.
North America ranks next, supported by pharmaceutical advancements and stringent industrial standards ensuring steady demand for laboratory reagents and chemical synthesis. Europe maintains stable growth, supported by its mature chemical base and sustainability-focused policies.
Meanwhile, Latin America and the Middle East & Africa experience gradual progress through emerging textile and industrial developments. Collectively, Asia-Pacific’s expanding manufacturing capacity and industrial integration make it the primary revenue driver of the global sodium thiocyanate market.
Top Use Cases
- Textile solvent for acrylic fibre spinning: Sodium thiocyanate is used as a solvent in the production of polyacrylonitrile (acrylic) fibres, helping to dissolve the polymer so it can be spun into yarns for textiles and industrial fabrics.
- Dye formulation & textile auxiliary: In dyeing and printing processes, sodium thiocyanate acts as an auxiliary chemical that improves dye uptake and helps generate specific colours on fabrics, enhancing performance in textile production.
- Electroplating and metal finishing additive: Sodium thiocyanate finds use in metal treatment, such as electroplating solutions for copper or silver, or as an additive to assist surface preparation of metals in industrial manufacturing.
- Synthesis intermediate in pharmaceutical & specialty chemicals: As a source of the thiocyanate ion, NaSCN is used to produce pharmaceutical intermediates and specialty chemical reagents, offering a building block in organic synthesis.
- Microbial control in dairy processing: Sodium thiocyanate is used as part of the lactoperoxidase system in dairy products (e.g., fresh cheese and yogurts) to inhibit microbial growth and extend shelf life under certain conditions.
- Construction/concrete admixture & de-icing fluid: It is also applied in construction as a grinding aid in cement and as a de-icing fluid additive (for aircraft fluids) to improve the melting performance of ice and snow.
Recent Developments
- In July 2024, Honeywell announced it would acquire the liquefied natural gas (LNG) process technology and equipment business from Air Products and Chemicals, Inc. for USD 1.81 billion in cash. This aims to bolster Honeywell’s energy transition and industrial technology offerings.
Conclusion
The Sodium Thiocyanate market is poised for steady expansion, driven by its versatility and wide industrial adoption. Its applications in textiles, pharmaceuticals, and chemical synthesis make it an essential compound across various production processes. Growing demand for synthetic fibers, laboratory reagents, and pharmaceutical intermediates continues to sustain its relevance.
Industrial advancements and increasing focus on sustainable chemical processes are further shaping the market’s evolution. As emerging economies expand their manufacturing bases, the need for efficient solvents and chemical intermediates like sodium thiocyanate is expected to remain strong. Continuous innovation and modernization in production will support future market resilience and adaptability.
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