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Sodium Caprylate Market size is to witness a substantial growth from 2016 to 2024
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Sodium Caprylate Market size is expected to witness a substantial growth from 2016 to 2024. Derived from the caprylic acid, sodium caprylate is a form of salt which is a fatty acid with eight carbon base. It is also well known as octanoic acid or sodium octanoate as they have the same molecular formula.
Extensive application in pharmaceutical and food industries will be major drivers for overall sodium caprylate market growth. It is a laboratory grade specialty chemical and caters to a very niche market. It has been confirmed that the product finds usage to kill E. Coli bacteria, found in the intestines of animals and humans. Certain type of E. coli bacteria is harmful and can be the cause of vomiting, diarrhea and stomach cramps.
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The product is mainly found in white powder form, and is water soluble under normal condition. It can also be used as anticaking agent, emulsifier and binders in the end-user industries. The compounds of caprylic acid are also found in the milk of several mammals. Also, small constituents are found in the coconut oil and palm kernel oil. Technology development in the product extraction from natural resources will further augment the global sodium caprylate market growth in coming years.
The Sodium Caprylate Market Report Consists of,
1. Methodology and Scope
2. Executive Summary
3. Sodium Caprylate Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2016 - 2024
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends
4. Sodium Caprylate Product Insights
5. Sodium Caprylate Application Insights
6. Sodium Caprylate Regional Insights
7. Competitor Profiles
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North America and Europe are the developed regions contributing most to the sodium caprylate market. Manufacturers in China, on the other hand, are focusing more on increasing the production capacities and primarily targeting the developed markets of North America and Europe to sell their products at a cheaper rate. Creating this situation would subsequently make the North American and European sodium caprylate market participants to cut down their expenditures on the manufacturing and development of the chemicals. In the Asia Pacific, the local manufacturers contribute to a very small portion in the sodium caprylate market.
Some of the major players in the sodium caprylate market include J&K Scientific Ltd., Alfa Aesar, MaaS Pharma Chemicals, Mutchler Inc., Baxter, Kirsch Pharma, Grainger, Ing. Petr Svec – PENTA, KEGG DGROUP, AMT Labs & Kelatron, VWR, Fisher Scientific, EMD Millipore, Zhangjiagang Specom Biochemical Co. Ltd., Viva Corporation, TCI Co. Ltd., Mubychem Group, Energy Chemical, Acme Synthetic Chemicals and 3B Pharmachem to name a few.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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