The hydrazine hydrate market is experiencing steady growth, driven by its critical role in industries ranging from pharmaceuticals to water treatment. Valued at approximately $520 million in 2023, the global market is projected to reach $780 million by 2030, expanding at a 5.1% CAGR¹. This growth is fueled by rising demand for oxygen scavengers in industrial water treatment, where hydrazine hydrate prevents corrosion in power plants and boilers, accounting for 35% of total applications². Pharmaceutical and agricultural sectors also contribute significantly, with hydrazine hydrate serving as a key intermediate in drug synthesis and pesticide production³.