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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 (2016-2026); 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 2021-2026.
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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: Industry Definition and 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 industry based on the Porter's five forces model along with giving a SWOT analysis.
*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.
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 Industry Opportunities and Challenges
8 Global Sodium Methoxide Market Analysis
8.1 Key Industry Highlights
8.2 Global Sodium Methoxide Historical Market (2016-2020)
8.3 Global Sodium Methoxide Market Forecast (2021-2026)
8.4 Global Sodium Methoxide Market by Form
8.4.1 Solid
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Liquid
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.5 Global Sodium Methoxide Market by Application
8.5.1 Pharmaceuticals
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Agrochemicals
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.5.3 Plastic and Polymers
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2016-2020)
8.5.3.3 Forecast Trend (2021-2026)
8.5.4 Personal Care
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2016-2020)
8.5.4.3 Forecast Trend (2021-2026)
8.5.5 Analytical Reagent
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2016-2020)
8.5.5.3 Forecast Trend (2021-2026)
8.5.6 Biodiesel
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2016-2020)
8.5.6.3 Forecast Trend (2021-2026)
8.5.7 Others
8.6 Global Sodium Methoxide Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.2 Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.3 Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.4 Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.5 Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Company Profiles
13.3.1 BASF SE
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Demographic Reach and Achievements
13.3.1.4 Certifications
13.3.2 Evonik Industries AG
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 Demographic Reach and Achievements
13.3.2.4 Certifications
13.3.3 Anhui Jinbang Medicine Chemical Co., Ltd
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Demographic Reach and Achievements
13.3.3.4 Certifications
13.3.4 Allegro Specialty Chemicals Pvt Ltd
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Demographic Reach and Achievements
13.3.4.4 Certifications
13.3.5 Inner Mongolia Lantai Industrial Co. Ltd
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.5.3 Demographic Reach and Achievements
13.3.5.4 Certifications
13.3.6 Kimia Pars Co.
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.6.3 Demographic Reach and Achievements
13.3.6.4 Certifications
13.3.7 Others
14 Industry Events and Developments
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 Figures and Tables
1. Global Sodium Methoxide Market: Key Industry Highlights, 2016 and 2026
2. Global Sodium Methoxide Historical Market: Breakup by Type (USD Billion), 2016-2020
3. Global Sodium Methoxide Market Forecast: Breakup by Type (USD Billion), 2021-2026
4. Global Sodium Methoxide Historical Market: Breakup by Application (USD Billion), 2016-2020
5. Global Sodium Methoxide Market Forecast: Breakup by Application (USD Billion), 2021-2026
6. Global Sodium Methoxide Historical Market: Breakup by Region (USD Billion), 2016-2020
7. Global Sodium Methoxide Market Forecast: Breakup by Region (USD Billion), 2021-2026
8. North America Sodium Methoxide Historical Market: Breakup by Country (USD Billion), 2016-2020
9. North America Sodium Methoxide Market Forecast: Breakup by Country (USD Billion), 2021-2026
10. Europe Sodium Methoxide Historical Market: Breakup by Country (USD Billion), 2016-2020
11. Europe Sodium Methoxide Market Forecast: Breakup by Country (USD Billion), 2021-2026
12. Asia Pacific Sodium Methoxide Historical Market: Breakup by Country (USD Billion), 2016-2020
13. Asia Pacific Sodium Methoxide Market Forecast: Breakup by Country (USD Billion), 2021-2026
14. Latin America Sodium Methoxide Historical Market: Breakup by Country (USD Billion), 2016-2020
15. Latin America Sodium Methoxide Market Forecast: Breakup by Country (USD Billion), 2021-2026
16. Middle East and Africa Sodium Methoxide Historical Market: Breakup by Country (USD Billion), 2016-2020
17. Middle East and Africa Sodium Methoxide Market Forecast: Breakup by Country (USD Billion), 2021-2026
18. North America Historical Price Trends and Forecast 2016-2026
19. Europe Historical Price Trends and Forecast 2016-2026
20. Asia Pacific Historical Price Trends and Forecast 2016-2026
21. Latin America Historical Price Trends and Forecast 2016-2026
22. Middle East and Africa Historical Price Trends and Forecast 2016-2026
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 2021-2026, 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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