Global Sodium Methoxide Market to Witness a Pronounce Growth During 2023

New report published by Market Research Report Store (MRRS) which offers insights on the global Sodium Methoxide market.

Sodium Methoxide is a chemical compound with the formula CH3ONa. It is divided into Sodium Methoxide powder and Sodium Methoxide solution.

Sodium Methoxide Solution in Methanol is a clear viscose liquid that smells like alcohol. Sodium Methoxide powder is a white powdered solid that does not have an odor. The substance is flammable, but is not explosive; it can decompose when exposed to high heat. It is very hygroscopic and decomposes quickly. It is only stable under exclusion of air and moisture. It is typically sold as a 25% to 30% solution in methanol.

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Global Sodium Methoxide Market: Forecast by Type / Application / Region

First, Sodium Methoxide is a kind of strong base, can be used in agrochemicals industry, pharmaceuticals industry, biofuels industry and other fields. Especially can be used in biofuels industry, biofuels can be used to replace part oil in the world. So Sodium Methoxide is a kind of huge market potential chemical product.

Second, the main raw materials of Sodium Methoxide are sodium metal or caustic soda and methanol. With the development of the downstream industries, Sodium Methoxide production keeps increase recent years, because some sodium metal and caustic soda manufacturers entered the Sodium Methoxide industry

Third, all manufactures in the world are committed to the improvement of product. Recently some manufactures of China can almost catch up with the world's leading technology.

Fourth, the import and export percent of this industry is not high. Because many international manufactures expand their business through building factories or investments.

Fifth, Sodium Methoxide industry is affected by the economy and policy. With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of Sodium Methoxide will increase.

Sixth, we tend to believe Sodium Methoxide technology has been very mature and advanced, and the consumption increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

Seventh, the global Sodium Methoxide production will increase to 1000 KMT in 2015, from 673 K MT in 2010, it is estimated that the global Sodium Methoxide demand will develop with an average growth rate of 2% in the coming five years.

Over the next five years, LPI(LP Information) projects that Sodium Methoxide will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.

Global Sodium Methoxide Market: Key Players
DuPont
BASF
Evonik
SMOTEC Plus
Desatec
Gelsenchem Chemical
Shilpa Medicare
Supra Group
Anhui Jinbang Medicine Chemical
Sky Chemical
Hengfa Chemical
Quanzhou Henghe Chemical
Lantai Industry
Jiangsu Tianhong Chemical
Xusheng Chemical
Jingying Fine Chemical
Senxuan
Huixin Chemical
Henan Xingyang Sodium Methoxide
JC Chemical

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Related Information:
United States Sodium Methoxide Market Research Report 2018
Europe Sodium Methoxide Market Research Report 2018
North America Sodium Methoxide Market Research Report 2018
Asia-Pacific Sodium Methoxide Market Research Report 2018
China Sodium Methoxide Market Research Report 2018
EMEA Sodium Methoxide Market Research Report 2018
Global Sodium Methoxide Market Research Report 2018

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