Press release
Sodium Gluconate Market Is Booming Worldwide| Fuso Chemical, Roquette Frères, Jungbunzlauer Suisse
Sodium Gluconate Market
Key Players in This Report Include: Jungbunzlauer Suisse AG (Switzerland), Roquette Frères (France), Xiwang Group Company Limited (China), Shandong Kaison Biochemical Co., Ltd. (China), Shandong Xinhong Pharmaceutical Co., Ltd. (China), Weifang Honghai Chemical Co., Ltd. (China), Qingdao Kehai Biochemistry Co., Ltd. (China), Fuso Chemical Co., Ltd. (Japan), Shandong Qilu Biotechnology Group (China), Shandong Fuyang Biotechnology Co., Ltd. (China)
According to HTF Market Intelligence, the global Sodium Gluconate market is valued at USD 1 Billion in 2024 and is estimated to reach a revenue of USD 1.3 Billion by 2031, with a CAGR of ~4.0% from 2024 to 2031.
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Definition:
Sodium gluconate is a sodium salt of gluconic acid, widely used in various industries due to its chelating, stabilizing, and retarding properties. In the construction industry, sodium gluconate is used as a retarder in concrete to improve workability and strength. In the food industry, it serves as a stabilizer and acidity regulator. In pharmaceuticals, it is used as a chelating agent and excipient. Sodium gluconate is also used in various industrial applications, including cleaning agents, textiles, and paper manufacturing. Its biodegradability, non-toxicity, and effectiveness make it a preferred choice in many applications. The growing demand for sustainable and eco-friendly products is expected to drive the market for sodium gluconate, with increasing investments in research and development to explore new applications and improve production processes.
Market Trends:
Research into new applications, development of bio-based sodium gluconate, expansion in emerging markets
Market Drivers:
Demand in construction industry for concrete additives, growth in personal care products, increasing industrial applications
Market Opportunities:
Innovation in production methods, expansion in emerging markets, development of sustainable alternatives
Market Challenges:
Raw material sourcing issues, price volatility, environmental concerns regarding production processes
Fastest-Growing Region:
North America
Dominating Region:
Asia-Pacific
Market Leaders & Development Strategies:
In 2023, Shandong Fuyang Bio-Tech CO. LTD announced the expansion of its sodium gluconate production capacity to meet growing market demand, leveraging advanced fermentation technology and sustainable production practices to enhance efficiency and environmental sustainability.
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The Global Sodium Gluconate Market segments and Market Data Break Down are illuminated below:
Sodium Gluconate Market is Segmented by Application (Construction, Food & Beverage, Pharmaceuticals, Personal Care, Water Treatment, Others) by Grade (Industrial Grade, Food Grade, Pharmaceutical Grade) by Form (Powder, Liquid) by End-User (Construction Industry, Food & Beverage Industry, Pharmaceutical Industry, Personal Care Industry, Water Treatment Industry, Others) and by Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA)
Global Sodium Gluconate market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report
• -To carefully analyze and forecast the size of the Sodium Gluconate market by value and volume.
• -To estimate the market shares of major segments of the Sodium Gluconate
• -To showcase the development of the Sodium Gluconate market in different parts of the world.
• -To analyze and study micro-markets in terms of their contributions to the Sodium Gluconate market, their prospects, and individual growth trends.
• -To offer precise and useful details about factors affecting the growth of the Sodium Gluconate
• -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Sodium Gluconate market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
Read Detailed Index of full Research Study: https://www.htfmarketintelligence.com/report/global-sodium-gluconate-market
Major highlights from Table of Contents:
Sodium Gluconate Market Study Coverages:
• It includes major manufacturers, emerging player's growth story, and major business segments of Sodium Gluconate market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
• Sodium Gluconate Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Sodium Gluconate Market Production by Region Sodium Gluconate Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
Key Points Covered in Sodium Gluconate Market Report:
• Sodium Gluconate Overview, Definition and Classification Market drivers and barriers
• Sodium Gluconate Market Competition by Manufacturers
• Impact Analysis of COVID-19 on Sodium Gluconate Market
• Sodium Gluconate Capacity, Production, Revenue (Value) by Region (2024-2031)
• Sodium Gluconate Supply (Production), Consumption, Export, Import by Region (2024-2031)
• Sodium Gluconate Production, Revenue (Value), Price Trend by Type {Industrial Grade, Food Grade, Pharmaceutical Grade}
• Sodium Gluconate Manufacturers Profiles/Analysis Sodium Gluconate Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
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Key questions answered
• How feasible is Sodium Gluconate market for long-term investment?
• What are influencing factors driving the demand for Sodium Gluconate near future?
• What is the impact analysis of various factors in the Global Sodium Gluconate market growth?
• What are the recent trends in the regional market and how successful they are?
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.
Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketreport.com
About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to enable businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.
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