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Global Sodium Methoxide Market: By Form: Solid, Liquid; By Application: Pharmaceuticals, Agrochemicals, Plastic and Polymers, Personal Care, Analytical Reagent, Biodiesel, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Sodium Methoxide Market Outlook
The global sodium methoxide market reached a value of about USD 2.5 billion in 2020. The market is further expected to grow at a CAGR of 3.5% in the forecast period of 2023-2028.
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Growing Demand from Major Application Sectors to Bolster the Sodium Methoxide Industry Growth
The global sodium methoxide industry is witnessing a healthy growth owing to the rising demand from various application sectors, particularly pharmaceuticals and agrochemicals. The product serves as a commonly used base in organic chemistry and is used in the synthesis of various compounds ranging from plastics to biodiesel. The product is also used as an analytical reagent and is used to manufacture products like edible oil, grease, and synthetic detergents. The growing demand for these end-use products is aiding the industry growth. Moreover, the increasing production of biodiesel is significantly contributing to the industry growth, where sodium methoxide finds application as a catalyst. The rising environmental concern and favourable government initiatives are driving the demand for biodiesel, which in turn, is expected to augment the industry growth over the forecast period.
The Asia Pacific to Lead the Sodium Methoxide Industry Globally
Region-wise, the Asia Pacific is expected to dominate the global market for sodium methoxide, accounting for a significant share in the industry. China and India lead the global pharmaceutical industry, and thus, the increased production of pharmaceuticals in the region is driving the demand for sodium methoxide. Moreover, the surge in demand for pharmaceuticals, coupled with the growing R&D activities amidst the COVID-19 pandemic, is expected to provide a further boost to the market over the forecast period.
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Sodium Methoxide: Market Segmentation
Sodium methoxide, also known as sodium methylate, is a white coloured chemical compound represented by the formula CH3ONa. It is obtained through the reaction between methanol and sodium, which is a highly exothermic reaction. Sodium methoxide is widely used as a reagent in several industries and laboratories.
The various forms in which sodium methoxide is available in the market are:
- Solid
- Liquid
The major application sectors of the chemical include:
- Pharmaceuticals
- Agrochemicals
- Plastic and Polymers
- Personal Care
- Analytical Reagent
- Biodiesel
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Thriving Pharmaceutical Industry to Boost the Demand for Sodium Methoxide
Due to the increasing prevalence of various lifestyle-related disorders, there has been an increased demand for sodium methoxide in the pharmaceutical sector. Sodium methoxide is required in the production of vitamin A1, B1, sulphadoxine, trimethoprim, sulphadiazine, analytical agents, and other formulations. With the outbreak of COVID-19, there has been a surge in demand for pharmaceuticals and a rise in research and development activities, which is further boosting the product demand. Moreover, the increased demand for plastics and polymers to prepare the products for everyday use is also pushing the industry forward. The rising standards of living and escalating disposable incomes are resulting in increased demand for personal care products, which, in turn, is positively impacting the sodium methoxide industry. However, the fluctuation in the prices of raw materials might impact the industry growth over the forecast period.
Key Industry Players in the Global Sodium Methoxide Market
The report gives a detailed analysis of the following key players in the global sodium methoxide market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- BASF SE
- Evonik Industries AG
- Anhui Jinbang Medicine Chemical Co., Ltd
- Allegro Specialty Chemicals Pvt Ltd
- Inner Mongolia Lantai Industrial Co. Ltd
- Kimia Pars Co.
- 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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Form, Application, Region |
| Breakup by Form | Solid, Liquid |
| Breakup by Application | Pharmaceuticals, Agrochemicals, Plastic and Polymers, Personal Care, Analytical Reagent, Biodiesel, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | BASF SE, Evonik Industries AG, Anhui Jinbang Medicine Chemical Co., Ltd, Allegro Specialty Chemicals Pvt Ltd, Inner Mongolia Lantai Industrial Co. Ltd, Kimia Pars Co., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Sodium Methoxide Market Analysis
8.1 Key Industry Highlights
8.2 Global Sodium Methoxide Historical Market (2018-2022)
8.3 Global Sodium Methoxide Market Forecast (2023-2028)
8.4 Global Sodium Methoxide Market by Form
8.4.1 Solid
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Liquid
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Sodium Methoxide Market by Application
8.5.1 Pharmaceuticals
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Agrochemicals
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Plastic and Polymers
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Personal Care
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Analytical Reagent
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Biodiesel
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2018-2022)
8.5.6.3 Forecast Trend (2023-2028)
8.5.7 Others
8.6 Global Sodium Methoxide Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Sodium Methoxide Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Sodium Methoxide Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Sodium Methoxide Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Sodium Methoxide Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Sodium Methoxide Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2022) & Forecast (2023-2028)
16.2 Europe Historical Price Trends (2018-2022) & Forecast (2023-2028)
16.3 Asia Pacific Historical Price Trends (2018-2022) & Forecast (2023-2028)
16.4 Latin America Historical Price Trends (2018-2022) & Forecast (2023-2028)
16.5 Middle East & Africa Historical Price Trends (2018-2022) & Forecast (2023-2028)
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.3.1 BASF SE
17.3.1.1 Company Overview
17.3.1.2 Product Portfolio
17.3.1.3 Demographic Reach and Achievements
17.3.1.4 Certifications
17.3.2 Evonik Industries AG
17.3.2.1 Company Overview
17.3.2.2 Product Portfolio
17.3.2.3 Demographic Reach and Achievements
17.3.2.4 Certifications
17.3.3 Anhui Jinbang Medicine Chemical Co., Ltd
17.3.3.1 Company Overview
17.3.3.2 Product Portfolio
17.3.3.3 Demographic Reach and Achievements
17.3.3.4 Certifications
17.3.4 Allegro Specialty Chemicals Pvt Ltd
17.3.4.1 Company Overview
17.3.4.2 Product Portfolio
17.3.4.3 Demographic Reach and Achievements
17.3.4.4 Certifications
17.3.5 Inner Mongolia Lantai Industrial Co. Ltd
17.3.5.1 Company Overview
17.3.5.2 Product Portfolio
17.3.5.3 Demographic Reach and Achievements
17.3.5.4 Certifications
17.3.6 Kimia Pars Co.
17.3.6.1 Company Overview
17.3.6.2 Product Portfolio
17.3.6.3 Demographic Reach and Achievements
17.3.6.4 Certifications
17.3.7 Others
18 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operations Involved
2 Project Requirements and Cost Analysis
2.1 Land, Location, and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investments
List of Key Figures and Tables
1. Global Sodium Methoxide Market: Key Industry Highlights, 2018 and 2028
2. Global Sodium Methoxide Historical Market: Breakup by Type (USD Billion), 2018-2022
3. Global Sodium Methoxide Market Forecast: Breakup by Type (USD Billion), 2023-2028
4. Global Sodium Methoxide Historical Market: Breakup by Application (USD Billion), 2018-2022
5. Global Sodium Methoxide Market Forecast: Breakup by Application (USD Billion), 2023-2028
6. Global Sodium Methoxide Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Sodium Methoxide Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Sodium Methoxide Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Sodium Methoxide Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Sodium Methoxide Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Sodium Methoxide Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Sodium Methoxide Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Sodium Methoxide Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Sodium Methoxide Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Sodium Methoxide Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Sodium Methoxide Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Sodium Methoxide Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. North America Historical Price Trends and Forecast 2018-2028
19. Europe Historical Price Trends and Forecast 2018-2028
20. Asia Pacific Historical Price Trends and Forecast 2018-2028
21. Latin America Historical Price Trends and Forecast 2018-2028
22. Middle East and Africa Historical Price Trends and Forecast 2018-2028
23. Global Sodium Methoxide Market Structure
Key Questions Answered in the Report
In 2020, the global sodium methoxide market attained a value of nearly USD 2.5 billion.
The market is projected to grow at a CAGR of 3.5% between 2021 and 2026.
The major drivers of the industry, such as rising disposable incomes, increasing population, growing demand from the pharmaceuticals and agrochemicals sectors, rising demand for end-use products, growing prevalence of various lifestyle-related disorders, increasing R&D activities, rising demand for plastics and polymers, improving standards of living, and rising demand for personal care products, are expected to aid the market growth.
The key trends guiding the growth of the market include the rising production of biodiesel, growing environmental concern, and increasing implementation of favourable government initiatives.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with the Asia Pacific accounting for the largest market share.
The leading forms of sodium methoxide in the market are solid and liquid.
The major application segments in the industry are pharmaceuticals, agrochemicals, plastic and polymers, personal care, analytical reagent, and biodiesel, among others.
The major players in the industry are BASF SE, Evonik Industries AG, Anhui Jinbang Medicine Chemical Co., Ltd, Allegro Specialty Chemicals Pvt Ltd, Inner Mongolia Lantai Industrial Co. Ltd, and Kimia Pars Co., among others.
Analyst Review
The global sodium methoxide market attained a value of USD 2.5 billion in 2020, driven by the rising demand from the application sectors. Aided by the rising environmental consciousness, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 3.5%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on form, the market is divided into solid and liquid. By application, the industry is segmented into pharmaceuticals, agrochemicals, plastic and polymers, personal care, analytical reagent, and biodiesel, among others. The major regional markets for sodium methoxide are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with the Asia Pacific accounting for the largest share of the market. The key players in the above market include BASF SE, Evonik Industries AG, Anhui Jinbang Medicine Chemical Co., Ltd, Allegro Specialty Chemicals Pvt Ltd, Inner Mongolia Lantai Industrial Co. Ltd, and Kimia Pars Co., among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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