Press release
Global Sodium Borohydride Market Estimated to Reach US$ 2.14 Bn by 2024 - Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
Global Sodium Borohydride Market: Overview
Sodium borohydride is type of inorganic compound which is used as a reducing agent in chemical process. Rising research & development activities related to medicines and increase in use of recycle paper are the major drivers that drives the growth of sodium borohydride market. North America dominates the sodium borohydride market in terms of demand however, Asia Pacific is expected to grow at highest CAGR during the forecast period. Side effects on human health and high cost of sodium borohydride is anticipated to hamper the market growth during the forecast period.
This report analyzes and forecasts the market for sodium borohydride market at the global and regional level. The market has been forecast based on volume (tons) and revenue (US$ Mn) from 2016 to 2024, considering 2015 as the base year. The study includes drivers and restraints of the global sodium borohydride market. It also covers impact of these drivers and restraints on demand for sodium borohydride market during the forecast period. The report also highlights opportunities in the sodium borohydride market at the global and regional level.
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Global Sodium Borohydride Market: Segmentation
Pulp & Paper is expected to be the major segment during the forecast period, however pharmaceuticals is anticipated to grow at highest CAGR compare to other end-use segments. Increase in research & development activities in pharmaceutical for inventing different medicinal drugs and usage of sodium borohydride as hydrogen carrier in fuel cell is estimated to offer major opportunities to the sodium borohydride market in the next few years.
The report includes detailed value chain analysis, which provides a comprehensive view of the global sodium borohydride market. Porter’s Five Forces model for the sodium borohydride market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, where in end-users are benchmarked based on their market size, growth rate, and general attractiveness.
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Table of Content
1.Preface
1.1.ReportDescription
1.2.ResearchScope
1.3.MarketSegmentation
1.4.Assumptions
1.5.ResearchMethodology
2.ExecutiveSummary
2.1.GlobalsodiumBorohydridemarket,Revenue(US$Mn),2015–2024
2.2.MarketSnapshot
3.MarketOverview
3.1.ProductOverview
3.2.KeyIndustryDevelopments
3.3.MarketIndicators
4. MarketDynamics
4.1Drivers&Restraints:SnapshotAnalysis
4.1.1Driver1-Risingdemandfrompharmaceuticalindustry
4.1.2Driver2-Growthinpaper&pulpindustry
4.1.3Restraint1–Hazardousimpactofsodiumborohydrideonhumanhealth
4.1.4Restraint2-Highpricing
4.1.5Opportunity1–Hydrogen-on-demandTechnology
4.2Porter’sFiveForcesAnalysis
4.3ValueChainAnalysis
4.4GlobalsodiumborohydridemarketOutlook,2015
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