Global Sodium Amide MarketPosted by ashwini on February 22nd, 2021 Global Sodium Amide Market was valued at US$ XXX Mn in 2019, and is expected to reach US$ XXX Mn by 2027, at a CAGR of XXX % during forecast period. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Sodium amide market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in near future to emerging segment in Sodium amide market. The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis. Sodium amide or sodamide (systematic name sodium azanide) is a highly reactive inorganic solid compound. One of the major advantages to the use of sodamide is that it mainly functions as a nucleophile. Sodium amide reacts violently with water and forms explosive compounds when exposed to air. Consequently, sodium amide is stored in inert atmosphere of nitrogen or argon. Sodium amide is used primarily as a strong base in organic chemistry, frequently in liquid ammonia solution. It is used mainly in the dye preparation, organic synthesis and in deprotonating of alkynes, weak acids, esters, and ketones. Demand for sodium amide is rising attribute to the high demand for indigo dye in the textile industry. Demand for sodium amide in the manufacture of indigo dye is expected to increase during forecast period owing to the rapid technological advancement in textile production. Sodium amide is used as a catalyst in manufacturing of sodium cynide, is the one of key reagents in the extraction of gold from its ore. The gold industry is expanding expressively; this is estimated to drive the demand for sodium cyanide, thereby boosting the demand for sodium amide. Furthermore it is used synthesis of hydrazine. Hydrazine is used in rocket fuel, gun propellant, and precursor to production of pharmaceuticals and pesticides & insecticides is driving the market for sodium amide. Sodium amide is high reactive chemical thereby difficult to handle and other environmental hazards are compelling industry participants to search for better, more stable, and safer alternatives of sodium amide. This is likely to moderately hamper the sodium amide in the near future. Geographically, Asia pacific region leads the demand in the global sodium amide market this can be attributed to rapidly growing dyes and textile industries. North America and Europe also have significant consumption of sodium amide in the coloring of jeans and denim. The increasing population plays a key factor in the rising demands for textiles, resulting in the growth of the sodium amide market. Rising health issues due to aged population in countries such as Japan and the U.S. is driving the demand for sodium amide. Global Sodium Amide Market, by Application • Dyes • Textiles • North America • BASF SE For More Information Visit @:https://www.maximizemarketresearch.com/market-report/global-sodium-amide-market/24776/ This Report Is Submitted By :Maximize Market Research Company Customization of the report: Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities. About Maximize Market Research: Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
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