Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Sodium Gluconate Market Outlook

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 2024-2032.

Global Sodium Gluconate Market Report Summary Description Value
Base Year USD Million 2023
Historical Period USD Million 2018-2023
Forecast Period USD Million 2024-2032
Market Size 2023 USD Million XX
Market Size 2032 USD Million XX
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 5.0%
CAGR 2024-2032 - Market by Region Asia Pacific 5.7%
CAGR 2024-2032 - Market by Country China 5.5%
CAGR 2024-2032 - Market by Country Mexico 5.1%
CAGR 2024-2032 - Market by Grade Pharma 5.6%
CAGR 2024-2032 - Market by Application Food and Beverage 5.4%
Market Share by Country 2023 France 3.5%

Sodium Gluconate Market

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The Asia Pacific Presents Significant Growth Opportunities for the Sodium Gluconate Industry

Region-wise, the Asia Pacific region is a significant market for sodium gluconate. This can be attributed to the high demand for the product from the construction industry, especially from China, which exhibits a major share in the market both as a producer and a consumer and is expected to retain its hold in the market in the forecast period as well. India and Japan are expected to push the market growth for sodium gluconate in the coming years due to growing demand. North America is also another significant market for sodium gluconate as it is used in various industries in the region, such as metal cleaning, textile, and more. In the forecast period, Europe is expected to grow and witness an expansion in the market over the forecast period owing to the rising demand for the product from several manufacturing sectors. The overall growth of the sodium gluconate industry is expected to increase in the forecast period.

Sodium Gluconate Market by Application

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Sodium Gluconate: Market Segmentation

Sodium gluconate is the salt of gluconic acid. It is a white powder, which is odourless and dissolves in water and is used as a chelating agent in various applications such as alumina dyeing, cement, and plating industries. The chemical is also used as a surface cleaning agent. Further, in water treatment, it is used as a softener.

On the basis of grade, the market is divided into:

  • Industrial
  • Food
  • Pharma
CAGR 2024-2032 - Market by Grade
Pharma 5.6%
Industrial 4.8%
Food XX%

Based on application, the industry can be segmented into:

  • Food and Beverage
  • Construction
  • Pharmaceuticals
  • Textiles
  • Water Treatment
  • Others
CAGR 2024-2032 - Market by Application
Food and Beverage 5.4%
Water Treatment 5.2%
Construction XX%
Pharmaceuticals XX%
Textiles XX%
Others XX%

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

CAGR 2024-2032 - Market by Region
Asia Pacific 5.7%
Europe 4.4%
North America XX%
Latin America XX%
Middle East and Africa XX%
CAGR 2024-2032 - Market by Country
China 5.5%
Mexico 5.1%
UK 4.7%
USA 4.6%
France 4.0%
Canada XX%
Germany XX%
Italy 3.6%
India XX%
Australia XX%
Saudi Arabia XX%
Brazil XX%
Japan 3.4%
2023 Market Share by Country
France 3.5%
USA XX%
Canada XX%
UK XX%

Sodium Gluconate Market by Region

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Rising Demand from the Construction and Industrial Sectors to Aid the Global Market Growth for Sodium Gluconate

The market for sodium gluconate is primarily driven by the construction and industrial sectors. Further, it is used within the textile industry in degreasing and cleaning fibres, and as a sequestrant for metal ions. Thereby, the rising demand from the textile industry is aiding the market growth. Moreover, the product is also used as a plasticizer and retardant in the construction industry; as a result, the growing demand within this sector is enhancing the overall growth of the sodium gluconate industry. Lucrative opportunities for the product within the construction industry are expected to push the market growth for sodium gluconate in the forecast period. However, the market may face a major constraint in the form of higher manufacturing costs in the coming years.

Key Industry Players in the Global Sodium Gluconate Market

The report gives a detailed analysis of the following key players in the global sodium gluconate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Roquette Frères
  • Jungbunzlauer Suisse AG
  • Airedale Chemical Company Limited 
  • PMP Fermentation Products, Inc.
  • Xiwang Group Co. Ltd.
  • Amorphos Chemicals Pvt. Ltd.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Grade
  • Application
  • Region
Breakup by Grade
  • Industrial
  • Food
  • Pharma
Breakup by Application
  • Food and Beverage
  • Construction
  • Pharmaceuticals
  • Textiles
  • Water Treatment
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Roquette Frères
  • Jungbunzlauer Suisse AG
  • Airedale Chemical Company Limited 
  • PMP Fermentation Products, Inc.
  • Xiwang Group Co. Ltd.
  • Amorphos Chemicals Pvt. Ltd.
  • Others
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 5% between 2024 and 2032.

The major drivers of the market include the growing demand for sodium gluconate in the construction sector, the extensive uses of sodium gluconate in various applications like textiles and metal cleaning, and the rising demand for sodium gluconate in manufacturing activities.

The key trends guiding the market include the growing adoption of sodium gluconate as a plasticiser and retardant in the construction sector and the increasing use of sodium gluconate in cleaning and degreasing fibres.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading grades of sodium gluconate in the market are industrial, food, and pharma.

Food and beverage, construction, pharmaceuticals, textile, and water treatment, among others, are the major applications of sodium gluconate.

The major players in the market are Roquette Frères, Jungbunzlauer Suisse AG, Airedale Chemical Company Limited, PMP Fermentation Products, Inc., Xiwang Group Co. Ltd., and Amorphos Chemicals Pvt. Ltd., among others.

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