Global Sodium Methylate Market Research during 2025| Market Analysis

Posted by asmita rai on April 21st, 2021

Sodium Methylate Market Analysis

Global Sodium Methylate Market was valued at USD 354.7 Million in 2018 and is projected to grow at a CAGR of around 4% during the forecast period. Sodium methylate, also known as sodium methoxide, is one of the alkoxides that is produced using methanol.

According to MRFR analysis, the global sodium methylate market has been segmented based on type, application, and region.

Based on type, the global sodium methylate market has been divided into solid and liquid. The liquid segment held a larger market share in 2018 and is expected to register the highest CAGR of over 4% during the forecast period, 2019–2025. Sodium methylate is predominantly available in solution/liquid form for various applications.

By application, the global sodium methylate market has been segmented into pharmaceuticals, agrochemicals, plastics & polymers, personal care, analytical reagent, biodiesel, and others. The pharmaceuticals segment held the largest market share of over 35% in 2018 and is expected to register a significant CAGR during the review period.

Top Key Players

Market Research Future (MRFR) identified the following companies as the Key Players in the Global Sodium Methylate Market: Evonik Industries AG (Germany), BASF SE (Germany), New Heaven Chemicals INC Iowa LLC (US), Zhengzhou Saihang Chemical Technology Co. Ltd (China), ANHUI JINBANG MEDICINE CHEMICAL CO., LTD (China), Inner Mongolia Lantai Industrial Co., Ltd (China), Shandong Xisace New Materials Technology Co. Ltd (China), Supra Group of Companies (India), Envirocat (France), Shandong Daze Chemical Group (China), American Elements (US), and LIAN Chemical Development Co. (Iran).

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Report :  https://www.marketresearchfuture.com/reports/sodium-methylate-market-7542