The major players in the global sodium gluconate market are Amorphos Chemicals Pvt. Ltd., Roquette Frères, Jungbunzlauer Suisse AG, Airedale Chemical Company Limited, PMP Fermentation Products, Inc., and Xiwang Group Co. Ltd., among others.
The global sodium gluconate market is expected to be aided by the growth of the gluconic acid market growth, which is expected to grow at a CAGR of 5% in the forecast period of 2022-2027.
Sodium gluconate is the sodium salt of gluconic acid, which chelates and forms stable complexes with several ions, preventing them from participating in chemical reactions. The compound is used in textile dyeing, printing, and water surface treatment.
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The sodium gluconate market is majorly driven by the rise in the textile industry and its use in various industries. The increasing demand in the construction industry has further added to its market growth. The other factors assisting the sodium gluconate market include the rise in demand for the product as a plasticiser, increasing demand in the manufacturing sector, increasing use in the food industry due to the product’s property of inhibiting the bitter taste in food products, and lastly the exponential growth of e-retail channels that have helped enhance the sale of sodium gluconate linked products.
Sodium gluconate is used excessively in the industries mentioned above over other chemicals due to its uniform quality and consistent performance. Its advantages include using less water, maintaining workability, and retaining strength which helps in tropical weather operations, long hauling times, and concrete placement in large areas. With regard to the factors mentioned above, the sodium gluconate market is expected to witness a rise in the forecast period.
Headquarters: Delhi, India
One of the leading market players, Amorphos Chemicals Pvt. Ltd., focuses on manufacturing, import, and distribution of various construction chemicals and promoting and marketing quality products in the Indian subcontinent, specialising in chemicals, polymers, and packaging, among others. The company represents over ten suppliers with a strong base of more than 300 customers.
Headquarters: Lestrem, France
Roquette is a global leader in the sodium gluconate market. The company is determined to fight the societal challenges that look upon us in the future by taking help from nature to offer the best ingredients for food, nutrition, and health markets. Roquette currently operates in over 100 countries, has a turnover of around 3.5 billion euros and employs 8,360 people worldwide.
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