Sodium Methylate Market Trends, Share Analysis, Industry Size, 2027

Description :

Global Sodium Methylate Market Research Report: Information By Type (Solid and Liquid), Application (Pharmaceuticals, Agrochemicals, Plastics & Polymers, Personal Care, Analytical Reagent, Biodiesel and others) and Region (Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa) - Forecast till 2027

Keywords :

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Sodium Methylate Market Analysis

Global Sodium Methylate Market was valued at USD 354.7 Million in 2018 and is projected to grow at a CAGR of around 4% during the forecast period. Sodium methylate, also known as sodium methoxide, is one of the alkoxides that is produced using methanol.

According to MRFR analysis, the global sodium methylate market has been segmented based on type, application, and region.

Based on type, the global sodium methylate market has been divided into solid and liquid. The liquid segment held a larger market share in 2018 and is expected to register the highest CAGR of over 4% during the forecast period, 2019–2025. Sodium methylate is predominantly available in solution/liquid form for various applications.

By application, the global sodium methylate market has been segmented into pharmaceuticals, agrochemicals, plastics & polymers, personal care, analytical reagent, biodiesel, and others. The pharmaceuticals segment held the largest market share of over 35% in 2018 and is expected to register a significant CAGR during the review period.

Top Key Players

Market Research Future (MRFR) identified the following companies as the Key Players in the Global Sodium Methylate Market: 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).

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Report : https://www.marketresearchfuture.com/reports/sodium-methylate-market-7542

Regional Analysis

Geographically, the global sodium methylate market has been divided into North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa.

As per the analysis of MRFR, Asia-Pacific was the dominant regional market, accounting for a leading market share of over 45% in 2018.

Moreover, North America held the second-largest market share of the sodium methylate market in 2018 due to the widespread use of sodium methylate in pharmaceutical, agriculture, biodiesel, and personal care applications as well as in laboratories.

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