Steady Growth Estimated for Global Sodium Gluconate Market-2022-2028
Posted On April 13, 2022
Value Market Research's report on the global Sodium Gluconate market anticipates the market growth to show a positive trend during 2022-2028. The market is largely driven by increased demand for sodium gluconate from the construction and industrial sectors due to its use as a water reducer in concrete, mortar, and gypsum. Furthermore, the increased use of sodium gluconate in the textile industry for degreasing and cleaning fibres is driving up market value. The high expense of manufacturing sodium gluconate, on the other hand, may put a damper on market demand. The paper was written utilizing critical methods, including Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain Analysis, to help organizations worldwide manage opportunities and obstacles in a quickly changing environment with clarity. In addition, these tools provide specific information on each application/product category in the worldwide sodium gluconate market.
Sodium gluconate is the sodium salt of gluconic acid, which is formed when glucose is fermented (NaC6H11O7). This substance is a crystalline powder that is extremely soluble in water and ranges in colour from white to tan. Sodium gluconate acts as a chelating agent in alkaline and concentrated alkaline solutions. In addition, sodium gluconate works well as a plasticizer or water reducer in concrete, mortar, and gypsum. Furthermore, this chemical can reduce bitterness in food items when used in food applications.
The report " Global Sodium Gluconate Market Report By Type (Industrial Grade, Industrial Grade, Food Grade, And Other), Application (Construction, Industrial, And Other), And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2028" is a compresensive set of data with market overview, executive summary and detailed revenue analysis bifurcated by segments and regions. The study covers the historical trends along with the geo-economical conditions of the industry related to the Sodium Gluconate market, thus leading to a robust and reliable report.
The following segments in the market are covered in the report:
The report is divided into five regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
Players Profiled In the Report:
Qingdao Kehai, Shandong Fuyang, Shandong Kaison, Shandong Parkson, Shandong Qilu Group, Shandong Xinhong, Wanshang Group, Weifang Honghai, Xiwang Group, And Zhucheng Dongxiao.
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