Pharmaceutical industry helps to grow Sodium Acetate Trihydrate & Sodium Acetate Anhydrous Market

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SODIUM ACETATEMAR Market Size (2019)

US$ 103.54 MN CAGR (2020 – 2027)

4.9%

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Segmentation (Scope) By Product

By End User

Trihydrate

Leather & textile

Anhydrous

Food Medical & Pharmaceuticals Others

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Major Drivers  Surging demand across pharmaceutical sector  Increasing adoption of leather products © Coherent Market Insights. AllAll Rights Reserved © Coherent Market Insights. Rights Reserved


NORTH AMERICA

ASIA PACIFIC

Market Size

Market Size

US$ 21.06 MN

US$ 56.67 MN

CAGR

CAGR

5.4%

6.0%

Major Driver

Major Driver

 Huge R & D investments being made across chemical industries located in this region is expected to trigger the demand for sodium acetate.

 Rapid growth across chemical industry in this region is projected to augment the market growth. © Coherent Market Insights. AllAll Rights Reserved © Coherent Market Insights. Rights Reserved


Major Players Allan Chemical Corporation Karn Chem Corporation CABB GmbH Niacet Corporation Changshu Nanhu Chemical Co., Ltd. NOAH Technologies Corporation Fujian Fukang Pharmaceutical Co., Ltd. Shanxi Xinzhou Chemical Reagent Factory Nantong Zhongwang Additives Co., Ltd. Spectrum Chemical Manufacturing Corporation

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Global Sodium Acetate Market, Revenue Share (%), By End-Use, 2019 35.50% ? ? ?

Leather & textile

Food

Medical & Pharmaceuticals

Others © Coherent Market Insights. AllAll Rights Reserved © Coherent Market Insights. Rights Reserved


© Coherent Market Insights. All Rights Reserved


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