Press release
Sodium Tungstate Market Volume, Revenue and Growth: Kat-Chem Ltd., Ningxiang Changyi, Nova Oleochem, Taizhou BangDe, Yuanhang tungsten and More
Sodium tungstate is an inorganic material having the chemical formula Na2WO4. It is manufactured via treatment of tungsten ores with sodium compounds such as sodium hydroxide or sodium carbonate. It is a white colored solid with water-soluble nature and crystalline form. It is used as a catalyst in epoxidation of alkenes & oxidation of alcohols into aldehydes or ketones.Comprehensive competitive analysis and profiles of major market players provided in the report are Kat-Chem Ltd., Ningxiang Changyi, Nova Oleochem, Taizhou BangDe, Yuanhang tungsten, Alpha Chem, Anchor Chemicals, Chem-Met, Ganzhou Grand Sea W& Mo Group, HC starck.
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In addition, it is utilized in examination of serum protein & serum protein-free filtrate; as alkaloid precipitating agent; and in manufacture of metal tungsten, tungstate, tungsten oxide, waterproof fabric, & fireproof fabric.
The growth of the global sodium tungstate market is driven by increase in demand for tungstate market as antidiabetic and anti-obesity agent in rapidly growing medical industry. However, volatility in raw material availability & prices hampers the market growth. Increasing range of applications is expected to provide growth opportunities for the market.
The report segments the sodium tungstate market on the basis of grade, application, end user industry, and geography. Based on grade, the market is divided into ACS reagent grade, technical grade, grade I (99.5%), and grade II (98.5%).
Applications covered in the study include antidiabetic agent, anti-obesity agent, catalyst, permanent chemical modifier, fuel cell electrode material, and fire proofing agent. By end user industry, the market is categorized into textile industry, chemical industry, metal industry, glass industry, medical industry, and others. Geographical breakdown of the market includes North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits
• This report provides an extensive analysis of the current trends and emerging estimations & dynamics of the global sodium tungstate market.
• Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
• Detailed analysis of the industry based on the grade and end user industry help to understand the trending grade of sodium tungstate in the industry.
• Porters Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplierbuyer network.
• Extensive analysis of the market is conducted by following key product positioning and monitoring of top players within the market framework.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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