As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The global sodium metal industry is being driven by the growing product demand in various application sectors, particularly in the production of dyes and chemical synthesis. North America is one of the most significant regions in the global market for sodium metal. The increasing demand for sodium metal in the synthesis of various chemicals is propelling the regional market growth. Within North America, the United States is the major consumer of the product, accounting for a significant share in the industry. Moreover, the growing demand for denim is driving the demand for indigo dyes, which, in turn, contributes to the growth of the sodium metal industry. The increase in sales of denim clothes and apparel owing to their easy availability through online platforms like Amazon.com, Inc. (NASDAQ: AMZN) and Alibaba Group Holding Ltd (NYSE: BABA) is expected to aid the industry growth in the forecast period.
The growing research and development activities by the key players are expected to further aid the industry growth. Nippon Soda Co., Ltd, one of the key players in the industry, has designated the Odawara Research Centre (Odawara, Kanagawa) and Chiba Research Centre (Ichihara, Chiba) to strengthen its core businesses and expand into the fields of agrochemicals, pharmaceuticals, environment, and information. Such developments are expected to create enhanced growth opportunities for the market expansion in the forecast period.
Market Breakup by Application and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global sodium metal market include Alkali Metals Ltd, Nippon Soda Co., Ltd, KPL International Limited, Inner Mongolia Lantai Industrial Co., Ltd, and Shandong Xinhua Pharma, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.