Top 10 Companies in the Potassium Cyanide Industry (2025): Chemical Leaders Powering Global Industrial Processes

In Business Insights
June 01, 2025

The Global Potassium Cyanide Market was valued at USD 34 million in 2023 and is projected to reach USD 40.69 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 2.6% during the forecast period (2024–2030). This steady expansion stems from persistent demand in gold extraction, electroplating applications, and pharmaceutical synthesis industries worldwide.

Despite stringent safety regulations surrounding its use, potassium cyanide remains indispensable for multiple industrial processes. This analysis highlights the Top 10 Companies in the Potassium Cyanide Industry – specialized chemical manufacturers maintaining rigorous safety protocols while meeting global demand for this essential but hazardous compound.


🔟 1. Evonik Industries AG

Headquarters: Essen, Germany
Key Offering: Pharmaceutical-grade KCN (>99.9% purity)

A global specialty chemicals leader, Evonik dominates the high-purity potassium cyanide segment. The company supplies the pharmaceutical and electronics industries with ultra-refined cyanide solutions that meet exacting quality standards.

Quality Assurance:

  • ISO 9001 certified production facilities
  • Batch traceability throughout supply chain
  • Investment in cyanide detoxification research

Download FREE Sample Report: Potassium Cyanide Market – View in Detailed Research Report


9️⃣ 2. Anhui Shuguang Chemical Group Co., Ltd.

Headquarters: Shucheng, China
Key Offering: Industrial-grade KCN (98-99% purity)

As China’s largest potassium cyanide producer, Anhui Shuguang supplies domestic mining and plating industries. The company has doubled production capacity since 2020 to meet growing Asian demand.

Market Advantages:

  • Vertically integrated production
  • Competitive pricing structure
  • Robust domestic distribution network

8️⃣ 3. Hebei Chengxin Co., Ltd.

Headquarters: Shijiazhuang, China
Key Offering: Mining-specification potassium cyanide

Specializing in cyanide solutions for mineral processing, Hebei Chengxin serves gold mines across Asia and Africa. The company has developed proprietary formulations for complex ores.

Technical Capabilities:

  • Custom cyanide blends for specific ore types
  • On-site technical support teams
  • Bulk transportation solutions

7️⃣ 4. Nippon Soda Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Electronic-grade potassium cyanide

Nippon Soda produces ultra-pure KCN for semiconductor manufacturing and precision electroplating. Their products meet Japan’s stringent industrial chemical standards.

Quality Control:

  • Class 100 cleanroom production
  • Sub-ppb impurity levels
  • Certified for semiconductor applications

Download FREE Sample Report: Potassium Cyanide Market – View in Detailed Research Report


6️⃣ 5. Hindusthan Chemicals Company

Headquarters: Vadodara, India
Key Offering: Multi-purpose KCN solutions

As India’s primary potassium cyanide manufacturer, Hindusthan Chemicals serves diverse industries including jewelry manufacturing, metal finishing, and chemical synthesis.

Regional Leadership:

  • 70% domestic market share
  • GMP certified facilities
  • Compliant with international safety protocols

5️⃣ 6. Taekwang Industrial Co., Ltd.

Headquarters: Seoul, South Korea
Key Offering: Electroplating-grade KCN

Taekwang is the preferred supplier for Korea’s electronics sector, providing cyanide solutions for connector plating and circuit board manufacturing.

Industry Solutions:

  • Stabilized cyanide formulations
  • Automated dosing systems
  • Closed-loop recycling options

4️⃣ 7. Tongsuh Petrochemical Corp., Ltd.

Headquarters: Ulsan, South Korea
Key Offering: Industrial potassium cyanide

As one of Asia’s largest basic chemical producers, Tongsuh supplies KCN to multiple industries with particular strength in metal treatment applications.

Production Scale:

  • 50,000+ ton annual capacity
  • Continuous process technology
  • Automated packaging lines

3️⃣ 8. Yingkou Sanzheng Organic Chemical Co., Ltd.

Headquarters: Yingkou, China
Key Offering: Cost-competitive KCN

Yingkou Sanzheng provides affordable potassium cyanide solutions to Chinese manufacturers, with particular focus on small-to-medium plating operations.

Market Position:

  • Economy-priced product line
  • Rapid delivery network
  • Bulk purchasing options

2️⃣ 9. Lukoil

Headquarters: Moscow, Russia
Key Offering: Mining-grade cyanide compounds

Lukoil’s chemical division produces potassium cyanide primarily for Russia’s gold mining sector, leveraging petrochemical synergies in its production process.

Industry Focus:

  • Serves CIS mining operations
  • Integrated chemical production
  • Bulk transportation solutions

1️⃣ 10. Australian Gold Reagents Pty Ltd.

Headquarters: Perth, Australia
Key Offering: Specialty mining cyanides

Australian Gold Reagents provides cyanide solutions tailored to Oceania’s mining conditions, with formulations optimized for local ore characteristics.

Technical Expertise:

  • Mining-specific formulations
  • On-site technical support
  • Environmentally conscious solutions

Get Full Report Here: Potassium Cyanide Market – View in Detailed Research Report


🌍 Outlook: Potassium Cyanide in Modern Industry

The potassium cyanide market continues evolving as industries balance its essential applications with environmental and safety considerations. Emerging technologies are creating both challenges and opportunities for this specialized chemical sector.

📈 Market Shaping Trends:

  • Growing Asian industrial demand driving capacity expansions
  • Development of cyanide recycling and treatment technologies
  • Increasing regulatory oversight of transport and handling
  • Research into alternative gold extraction methods
  • Precision formulations for electronics manufacturing

Get Full Report Here: Potassium Cyanide Market – View in Detailed Research Report

The companies profiled represent global industry leaders maintaining critical supply chains while advancing safety and efficiency in potassium cyanide production and application.