Jul 3, 2020 1:34 PM ET
iCrowd Newswire – Jul 3, 2020
WiseGuyReports.com Publish A New Market Research Report on –“ Sodium Methylate Market 2020 Growth Factor by Demand, Regions, Analysis Of Key Players And Forecasts To 2028”.
Sodium Methylate Market 2020
Global Sodium Methylate Market is expected to expand at a CAGR of around 4% by the forecast period of 2019 to 2025 and was valued at USD 354.7 Million in 2018. Sodium methylate is a white amorphous fine crumb structure reacts with water to form sodium hydroxide a corrosive material and methyl alcohol, a flammable liquid. It is available in solid as well as liquid forms and created using methanol. The solid form is majorly used in the pharmaceutical and agrochemical industries whereas the liquid form is applicable in the manufacturing of biodiesel, where it is acting as a catalyst.
The global sodium methylene market has been accounted for to attain an incredible market lift owing to the rising use of sodium methylate’s in the production of biodiesel for the automotive and many other industries. However, the extensive use of sodium methylate in the pharmaceutical industry, along with the great expansion of the pharmaceutical sector across the world, is expected to propel the global market growth. Besides, the volatility in the prices of methanol, which is the main raw material for the product, is expected to hinder the growth of the global sodium methylate market during the review period. Furthermore, the rising requirement for de-carbonizing the emissions in the transportation industry, the Paris climate change objectives, and growing awareness of global warming are factors driving the demand for biofuels.
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Major Key Players of Sodium Methylate Industry:
Some of the key players operating in the Global Sodium Methylate Market are Evonik Industries AG (Germany), BASF SE (Germany), New Heaven Chemicals INC Iowa LLC (US), Zhengzhou Saihang Chemical Technology Co. Ltd (China), ANHUI JINBANG MEDICINE CHEMICAL CO., LTD (China), Inner Mongolia Lantai Industrial Co., Ltd (China), Shandong Xisace New Materials Technology Co. Ltd (China), Supra Group of Companies (India), Envirocat (France), Shandong Daze Chemical Group (China), American Elements (US), and LIAN Chemical Development Co. (Iran).
The report offers an elaborate database with respect to the latest advancements along with technological innovations that are influencing the industry. This is in addition to review of the impact these disruptions can have on the growth potential of the market. The major focus is on the present business status and the current headways, methodology changes as well as potential entryways within the global Sodium Methylate market. In addition to this, the price margins along with the barriers that the key manufacturers are expected to face in the years to come are also reported. The consistently changing market dynamics have been studied by the analysts, while considering the base year to be 2019, and the forecast period’s last year to be 2025.
Key Boosters & Challenges of Sodium Methylate Market Report
Beside the extensive appraisal of the primary dynamics that affect the global Sodium Methylate market, the market study also highlights the pricing record, volume trends and the possible market size during the conjectured timeline. The challenges, key boosters as well as opportunities have been carefully covered, to provide an enhanced understanding of the overall industry.
Regional Overview of Sodium Methylate Market Size
The major threats, strengths, inadequacies and opportunities in the Sodium Methylate market have been elucidated in the study, while considering certain regions across the globe. Across these regions, many of the top vendors are working on expanding their presence and elevate their profits. They are using some of the most effective marketing strategies such as partnerships and agreements, to boost their market position across these regions. The regions that have been taken in account while studying the global Sodium Methylate market and its expansion prospects in the near future include the Middle East & Africa, Latin America, Asia Pacific, North America and Europe. These regions are widely covered, keeping in mind the current as well as the expected trends that can shape the market size in the coming years.
Method of Research of Sodium Methylate Industry
The study of the Sodium Methylate market provides the latest hands-on data, after a careful analysis performed by the experts. Our experts have made use of the Porter’s Five Force Model’s parameters to conduct an intricate review of the market. The market leaders such as CEOs, marketing teams and more have provided their valuable inputs regarding the recent norms and developments that are projected to induce market growth. The report also sheds light on the key companies in the market and their chain networks spread around the globe. A detailed study of the parent industry, combined with the growth prospects, governing aspects as well as macro-economic factors are also focused on, with respect to the market segmentation. The market analysis has been performed with the use of two major techniques, namely primary as well as secondary. Both these methods have aided our experts in offering a better perspective of the Sodium Methylate market, while taking into consideration the weaknesses, threats, strengths and opportunities within the worldwide market.
Table of Contents – Major Key Points
1 EXECUTIVE SUMMARY
2 MARKET INTRODUCTION
3 RESEARCH METHODOLOGY
4 MARKET INSIGHTS
5 MARKET DYNAMICS
6 MARKET FACTOR ANALYSIS
7 GLOBAL SODIUM METHYLATE MARKET, BY TYPE
8 GLOBAL SODIUM METHYLATE MARKET, BY APPLICATION
9 GLOBAL SODIUM METHYLATE MARKET, BY REGION
10 COMPETITIVE LANDSCAPE
NOTE : Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
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