DUBLIN–(BUSINESS WIRE)–The “Sodium Nitrate: Global Strategic Business Report” has been added to ResearchAndMarkets.com’s offering.
The global market for Sodium Nitrate estimated at US$94 Million in the year 2020 is projected to reach a revised size of US$133.8 Million by 2027, growing at a CAGR of 5.2% over the analysis period 2020-2027.
Industrial, one of the segments analyzed in the report, is projected to record a 4.5% CAGR and reach US$113 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Food segment is readjusted to a revised 9.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $25.8 Million, While China is Forecast to Grow at 6.8% CAGR
The Sodium Nitrate market in the U.S. is estimated at US$25.8 Million in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$27.5 Million by the year 2027 trailing a CAGR of 8.8% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.1% and 3.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$17.5 Million by the year 2027.
Pharmaceuticals Segment to Record 11.1% CAGR
In the global Pharmaceuticals segment, USA, Canada, Japan, China and Europe will drive the 11.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.7 Million in the year 2020 will reach a projected size of US$5.4 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 11.9% CAGR through the analysis period.
Select Competitors (Total 21 Featured) –
Alfa Aesar
American Elements
BASF SE
Cofermin Chemicals GmbH & Co. KG
Dahua Group Dalian Guanlin International Trade Co., Ltd.
Hangzhou Xinlong Chemical Co., Ltd.
Huaqiang Chemical Group Co., Ltd.
Jiangsu Huaihe Chemicals Co., Ltd.
Liuzhou Chemical Co., Ltd.
Rashtriya Chemicals and Fertilizers Ltd.
Seth Nandram Daulatram Biyani (SNDB)
Shandong Haihua Group Co., Ltd.
Shanxi Jiaocheng Hongxing Chemical Co., Ltd.
Sinkiang Nitrate Minerals Co., Ltd.
SQM North America Corporation
Sumitomo Chemical Co., Ltd.
Yingfengyuan Industrial Group Limited
What’s New for 2022?
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies – Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Sodium Nitrate – Global Key Competitors Percentage Market Share in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/2ohuoe
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