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Sodium Amide Market SWOT Analysis Of Top Key Player Forecasts To 2024

06-27-2017 05:25 PM CET | Science & Education

Press release from: TMR

Sodium Amide Market SWOT Analysis Of Top Key Player Forecasts

Sodium amide, often called sodamide, is a highly reactive crystalline inorganic base. It is used in synthesis of various organic compounds and dyes. Sodium amide reacts aggressively with water and forms explosive compounds when exposed to air. Therefore, sodium amide is stored in inert atmosphere of nitrogen or argon. Sodium amide is used as a catalyst in the production of hydrazine and sodium cyanide. It is also employed in the production of hydrogen gas by the reaction of ammonia, sodium metal, and sodium amide. The compound is used to manufacture dyes, specifically indigo dye. Along with an alkali, sodium amide is used to obtain indoxly from phenyl glycine. This indigo production method exploits the reactivity of sodium amide with water to substantially lower the overall temperature of the entire process of indigo dye production. Furthermore, sodium amide acts as a drying reagent for dehydrating ammonia gas and deprotonation of alkynes, weak acids, alcohols, etc.

View Report @ http://www.transparencymarketresearch.com/sodium-amide-market.html

Demand for sodium amide is rising due to the high demand for indigo dye in the textile industry, especially in China and India. Need 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 cyanide, which requires sodium amide for its synthesis, is one of the key reagents in the extraction of gold from its ore. The gold industry is expanding significantly; this is estimated to propel the demand for sodium cyanide, thereby boosting the demand for sodium amide. Sodium amide is also used for synthesis of hydrazine. Usage of hydrazine as a part of rocket fuel in space exploration; gun propellant; and precursor to production of pharmaceuticals and pesticides & insecticides is driving the market for sodium amide. However, high reactivity, difficulty in handling, 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.

Based on functionality, the global sodium amide market can be classified into catalyst, deprotonation agent, and dehydrating agent. Sodium amide is largely used as a catalyst in the production of several industrial compounds such as hydrazine and sodium cyanide. Geographically, the sodium amide market has been divided into North America, Asia Pacific, Europe, Middle East & Africa, and Latin America. Asia Pacific (especially China and India) utilizes significant amount of sodium amide for the production of indigo dyes for textiles. Consumption of sodium amide is also high in North America and Europe for the production of jeans and denims; indigo dye is primarily used in coloring denims and jeans. Furthermore, the use of sodium amide as a catalytic agent for the production of hydrazine is also boosting the market in Asia Pacific as the region is a significant producer of hydrazine hydrate.

The compound is commercially manufactured by reacting ammonia gas/liquid with sodium metal in the presence of ferric nitrate as a catalyst. The compound is also obtained as a by-product during the production process of hydrogen gas. Manufacturers of sodium amide include JinXiang Chemical Enterprise, Natrizen Chemicals Private Limited, Nasense Labs Private Limited, Hongze Xinxing Chem Co., Ltd., Solvay USA Inc., Alkali Metals Limited, Fox Chemicals GmbH, Hangzhou Meite Chemical Co., Ltd. (Meite Industry Co., Ltd.), and Align Chemicals.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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