Global Sodium Acetate Market 2018-2022

Below are some of the key findings from the sodium acetate market research report

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Global sodium acetate industry overview

The growing demand for sodium acetate from APAC is the critical driver fueling the sodium acetate market growth. Sodium acetate is extensively used in various end-user industries of APAC including food processing, leather and textile, and pharmaceuticals. Increase in foreign direct investment, favorable import-export policies, and fewer environmental and government regulations offer conducive market conditions for both existing and emerging players. The emergence of China and India as significant production hubs for pharmaceuticals and textiles is expected to drive the demand for sodium acetate produced by several small-scale manufacturing facilities while driving the sodium acetate market growth.

New and emerging applications for sodium acetate is a key upcoming trend with a potential to propel the sodium acetate market value. New end-use applications like water treatment, chemical agents, cosmetics, animal feed, concrete sealing, and buffer solution for microbiology are surging the demand for sodium acetate. As a result, the growing demand for sodium acetate coupled with new and emerging applications will drive the market will grow at a CAGR of over 7% during the forecast period.

Top sodium acetate companies covered in this market research report

The sodium acetate market is highly fragmented and competitive. The vendors in this market are focusing on various R&D activities to introduce innovative solutions to capture a higher percentage of the sodium acetate market share in the upcoming years. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this sodium acetate industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of various companies including:

• American Elements
• CABB
• GELEST
• Mitsubishi Chemical Corporation
• Niacet
• Spectrum Chemical Manufacturing

Sodium acetate market segmentation based on geographic regions

• Americas
• APAC
• EMEA

Global sodium acetate market analysis reveals that the APAC region offers the highest growth opportunities owing to the growing adoption in the rapidly increasing applications in China and India. APAC will lead the sodium acetate market share and account for the highest growth of this market throughout the forecast period.

Sodium acetate market segmentation based on products

• Sodium acetate trihydrate (SAT)
• Sodium acetate anhydrous (SAA)

The SAT segment will dominate the sodium acetate market share and account for the highest growth in the market. Additionally, the report also provides an accurate prediction of the contribution of the various products segments to the growth of the sodium acetate market size.

Key highlights of the global sodium acetate market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the sodium acetate market during the next five years
• Precise estimation of the global sodium acetate market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the sodium acetate industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of sodium acetate companies

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