As per this study the Global Sodium Methoxide Market was valued USD XX MN (by revenue) in 2019 and is anticipated to reach USD XX MN by 2026 with a CAGR of XX%.
Sodium methoxide alternatively known as Sodium Methylate is a flammable chemical compound with molecular formula CH3ONa. When dissolved in a solvent, it appears colorless liquid with smell resembling to alcohol whereas, in the solid state, it is white, odorless compound. Commercially it is synthesized by treating methanol with sodium. It is extensively used as an intermediate or catalyst in personal care, agrochemical, pharmaceutical, biodiesel industry and other end-use industries.
Rising demand of sodium methoxide as a base, neucleophile, catalyst, reagent to carry out various chemical reactions in organic chemistry is driving the market growth. Growing usage in the pharmaceutical application in the production of vitamins, Trimethoprim, Sulfadoxine, Sulfadiazine, etc., is further fueling the market growth. Extensive usage in edible oil processing, grease, and synthetic detergents synthesis is boosting the market growth. Also, rising global demand for biodiesel backed by favorable government initiatives in various countries over it’s blending is again contributing the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of sodium methoxide.
The broad sodium methoxide market has been sub-grouped into type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Plastic & Polymers
- Personal Care
- Analytical Agent
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for sodium methoxide in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Europe Sodium Methoxide Market By Revenue (USD MN)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the sodium methoxide market include Anhui Jinbang Medicine Chemical Co.Ltd., BASF SE, Desatec, Dezhou Longteng Chemical Co.Ltd., E.I. Du Pont De Nemours And Company, Evonik Industries, Inner Mangolia Lantai Industrial Co.Ltd., Senxuan, Supra Group Of Companies and Zibo Xusheng Chemical Co.Ltd. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.