Sodium Acetate Trihydrate and Sodium Acetate Anhydrous Market - Global Industry Analysis, Size, Share, Growth, Trends

Transparency Market
Research
Sodium Acetate Trihydrate and Sodium Acetate
Anhydrous Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2014 - 2020
Published Date
26-Aug-2014
94 Page Report
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Press Release
Sodium Acetate Trihydrate Market and Sodium Acetate Anhydrous
Market to Register CAGR of 4.4% and 5.2%, Respectively, With
Moderate Yet Steady Demand :TMR
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Sodium Acetate Trihydrate and
Sodium Acetate Anhydrous Market
REPORT DESCRIPTION
Sodium Acetate Trihydrate and Sodium Acetate Anhydrous Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2014 - 2020
An uptick in the demand for sodium acetate trihydrate and sodium acetate anhydrous will lead to moderately
healthy growth in both these markets to 2020, says a latest study published by Transparency Market
Research. The report, “Sodium Acetate Trihydrate and Sodium Acetate Anhydrous Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014-2020,” is composed of sharp insights
and an array of informative tables and charts. The report projects the global sodium acetate trihydrate market
to stand at US$47.64 million by 2020. The market, which approximated US$35.27 million in 2013, will thus
register a 4.4% CAGR from 2014-2020. The CAGR of the global sodium acetate anhydrous market is expected
to be slightly higher (during the same period) at 5.2%. The sodium acetate anhydrous market was valued at
US$42.93 million as of 2013 and will reach US$61.17 million by the end of 2020.
Browse the full Sodium Acetate Trihydrate and Sodium Acetate Anhydrous Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 Research Report With Complete TOC
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Growth in both markets for the sodium acetate variants will be spurred chiefly by a notable increase in demand
from end-use industries. The industries that have been indentified as key demand generators for sodium
acetate trihydrate and sodium acetate anhydrous are: Leather tanning, pharmaceutical, food, and healthcare.
Companies operating in the sodium acetate trihydrate market and sodium acetate anhydrous market will,
however, have to brave headwinds in the form of easy and affordable availability of substitutes. Some of the
key substitutes for the two sodium acetate variants are: Sodium citrate, benzoic acid, and calcium sorbate. The
degree of substitution is seen to be especially high in industries such as pharmaceutical and food.Global
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Sodium Acetate Trihydrate & Sodium
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Sodium acetate trihydrate and sodium acetate anhydrous market players can, however, cope with this threat
by introducing novel sodium acetate applications. If achieved successfully, this could be the next milestone for
the global sodium acetate trihydrate and sodium acetate anhydrous markets.
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The report observes that in 2013, the textile sector generated the majority of the demand for sodium acetate
trihydrate, with an appreciable 35% share of the demand pie, in terms of volume. Sodium acetate trihydrate
finds use as a pickling and buffering agent in the leather tanning sector. The textile industry also needs to use it
as a mordant during dyeing.An analysis of the global consumption of sodium acetate reveals that the
pharmaceutical segment generated the second highest demand for the chemical. This segment is registering a
6% CAGR between 2014 and 2020, in revenue terms. The substantial use of sodium acetate trihydrate in the
form of an electrolyte, especially in dialysis and in mineral drinks can be attributed as the reason for the high
demand. Furthermore, sodium acetate trihydrate is employed as a phase-change material in heating pads.
Besides generating high demand for sodium acetate, the pharmaceutical industry was also seen to be the
second-largest user within the sodium acetate anhydrous market globally, with an impressive 28% share of the
market as of 2013. Drug formulations and intravenous fluids call for the use of sodium acetate anhydrous.
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The report discusses the minor yet crucial role played by the food industry in driving up the demand for sodium
acetate trihydrate. However, the food sector also widely uses substitutes for this substance, causing a dilution
in demand. The demand for sodium acetate anhydrous from the food and beverages industry is likely to rise to
US$7.56 million by 2020. Some of the other important consumers of sodium acetate anhydrous are: Polymers,
the agriculture sector, and detergents.
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Sodium Acetate Trihydrate & Sodium
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TABLE OF CONTENT
Chapter 1 Preface
1.1 Report description
1.2 Market segmentation
1.3 Research scope and assumption
1.4 Research methodology
Chapter 2 Executive Summary
2.1 Global sodium acetate trihydrate market, 2013 – 2020 (Tons) (USD Thousand)
2.2 Global sodium acetate anhydrous market, 2013 – 2020 (Tons) (USD Thousand)
2.3 Global sodium acetate trihydrate market snapshot, 2013 and 2020
2.4 Global sodium acetate anhydrous market snapshot, 2013 and 2020
Chapter 3 Sodium Acetate Trihydrate & Anhydrous – Industry Analysis
3.1 Introduction
3.2 Value chain analysis
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3.3 Market Drivers
3.3.1 Rising demand for sodium acetate from end-user industries
3.3.1.1 Global leather and textile chemicals market revenue, 2013 - 2020 (USD Billion)
3.3.1.2 Global intravenous solutions market revenue, 2013 - 2020 (USD Billion)
3.3.1.3 Food preservative market revenue, 2013 - 2020 (USD Billion)
3.4 Restraints
3.4.1 Availability of large number of substitutes
3.5 Opportunities
3.5.1 Novel applications of sodium acetate
3.6 Porter’s Five Forces Analysis
3.6.1 Bargaining power of suppliers
3.6.2 Bargaining power of buyers
3.6.3 Threat from new entrants
3.6.4 Threat from substitutes
3.6.5 Degree of competition
3.7 Market Attractiveness Analysis
3.7.1 Sodium acetate trihydrate market: Market attractiveness analysis, by end-use industries
3.7.2 Sodium acetate anhydrous market: Market attractiveness analysis, by end-use industries
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Chapter 4 Sodium Acetate Trihydrate - End-use Industries Analysis
4.1 Global sodium acetate trihydrate market volume share, by end-use industries, 2013 and 2020
4.2 Leather & textile
4.2.1 Global sodium acetate trihydrate market for leather & textile, 2013 – 2020 (Tons) (USD Thousand)
4.3 Food
4.3.1 Global sodium acetate trihydrate market for food, 2013 – 2020 (Tons) (USD Thousand)
4.4 Medical & pharmaceuticals
4.4.1 Global sodium acetate trihydrate market for medical & pharmaceuticals, 2013 – 2020 (Tons) (USD
Thousand)
4.5 Others
4.5.1 Global sodium acetate trihydrate market for other end-use industries, 2013 – 2020 (Tons) (USD
Thousand)
Chapter 5 Sodium Acetate Anhydrous - End-use Industries Analysis
5.1 Global sodium acetate anhydrous market volume share, by end-use industries, 2013 and 2020
5.2 Leather & textile
5.2.1 Global sodium acetate anhydrous market for leather & textile, 2013 – 2020 (Tons) (USD Thousand)
5.3 Food
5.3.1 Global sodium acetate anhydrous market for food, 2013 – 2020 (Tons) (USD Thousand)
5.4 Medical & pharmaceuticals
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5.4.1 Global sodium acetate anhydrous market for medical & pharmaceuticals, 2013 – 2020 (Tons) (USD
Thousand)
5.5 Others
5.5.1 Global sodium acetate anhydrous market for other end-use industries, 2013 – 2020 (Tons) (USD
Thousand)
Chapter 6 Sodium Acetate Trihydrate - Regional Analysis
6.1 Global sodium acetate trihydrate market volume share, by region, 2013 and 2020
6.2 North America
6.2.1 North America sodium acetate trihydrate market, by end-use industries, 2013 – 2020 (Tons)
6.2.2 North America sodium acetate trihydrate market, by end-use industries, 2013 – 2020 (USD
Thousand)
6.3 Europe
6.3.1 Russia sodium acetate trihydrate market, by end-use industries, 2013 – 2020 (Tons)
6.3.2 Russia sodium acetate trihydrate market, by end-use industries, 2013 – 2020 (USD Thousand)
6.3.3 Rest of Europe sodium acetate trihydrate market, by end-use industries, 2013 – 2020 (Tons)
6.3.4 Rest of Europe sodium acetate trihydrate market, by end-use industries, 2013 – 2020 (USD
Thousand)
6.4 Asia Pacific
6.4.1 Asia Pacific sodium acetate trihydrate market, by end-use industries, 2013 – 2020 (Tons)
6.4.2 Asia Pacific sodium acetate trihydrate market, by end-use industries, 2013 – 2020 (USD Thousand)
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6.5 Rest of the World (RoW)
6.5.1 RoW sodium acetate trihydrate market, by end-use industries, 2013 – 2020 (Tons)
6.5.2 RoW sodium acetate trihydrate market, by end-use industries, 2013 – 2020 (USD Thousand)
Chapter 7 Sodium Acetate Anhydrous - Regional Analysis
7.1 Global sodium acetate anhydrous market volume share, by region, 2013 and 2020
7.2 North America
7.2.1 North America sodium acetate anhydrous market, by end-use industries, 2013 – 2020 (Tons)
7.2.2 North America sodium acetate anhydrous market, by end-use industries, 2013 – 2020 (USD
Thousand)
7.3 Europe
7.3.1 Russia sodium acetate anhydrous market, by end-use industries, 2013 – 2020 (Tons)
7.3.2 Russia sodium acetate anhydrous market, by end-use industries, 2013 – 2020 (USD Thousand)
7.3.3 Rest of Europe sodium acetate anhydrous market, by end-use industries, 2013 – 2020 (Tons)
7.3.4 Rest of Europe sodium acetate anhydrous market, by end-use industries, 2013 – 2020 (USD
Thousand)
7.4 Asia Pacific
7.4.1 Asia Pacific sodium acetate anhydrous market, by end-use industries, 2013 – 2020 (Tons)
7.4.2 Asia Pacific sodium acetate anhydrous market, by end-use industries, 2013 – 2020 (USD Thousand)
7.5 Rest of the World (RoW)
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7.5.1 RoW sodium acetate anhydrous market, by end-use industries, 2013 – 2020 (Tons)
7.5.2 RoW sodium acetate anhydrous market, by end-use industries, 2013 – 2020 (USD Thousand)
Chapter 8 Company Profiles
8.1 Allan Chemical Corporation
8.1.1 Company overview
8.1.2 Product portfolio
8.1.3 Business strategy
8.1.4 SWOT analysis
8.2 CABB GmbH
8.2.1 Company overview
8.2.2 Product portfolio
8.2.3 Business strategy
8.2.4 SWOT analysis
8.2.5 Recent developments
8.3 Changshu Nanhu Chemical Co., Ltd.
8.3.1 Company overview
8.3.2 Product portfolio
8.3.3 Business strategy
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8.3.4 SWOT analysis
8.4 Fujian Fukang Pharmaceutical Co., Ltd.
8.4.1 Company overview
8.4.2 Product portfolio
8.4.3 Business strategy
8.4.4 SWOT analysis
8.5 Nantong Zhongwang Additives Co., Ltd.
8.5.1 Company overview
8.5.2 Product portfolio
8.5.3 Business strategy
8.5.4 SWOT analysis
8.6 Karn Chem Corporation
8.6.1 Company overview
8.6.2 Product portfolio
8.6.3 Business strategy
8.6.4 SWOT analysis
8.7 Niacet Corporation
8.7.1 Company overview
8.7.2 Product portfolio
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8.7.3 Business strategy
8.7.4 SWOT analysis
8.7.5 Recent developments
8.8 NOAH Technologies Corporation
8.8.1 Company overview
8.8.2 Product portfolio
8.8.3 Business strategy
8.8.4 SWOT analysis
8.9 Shanxi Xinzhou Chemical Reagent Factory
8.9.1 Company overview
8.9.2 Product portfolio
8.9.3 Business strategy
8.9.4 SWOT analysis
8.10 Spectrum Chemical Manufacturing Corporation
8.10.1 Company overview
8.10.2 Product portfolio
8.10.3 Business strategy
8.10.4 SWOT analysis
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Sodium acetate, also known as sodium ethanoate, can be synthesized by reacting acetic acid with sodium carbonate or sodium hydroxide. Sodium acetate trihydrate is a granular, crystalline powder with acetic odor, while sodium acetate anhydrous is a granular, hygroscopic powder. Sodium acetate trihydrate and sodium acetate anhydrous have been approved by the Food & Drug Administration (FDA) as Generally Regarded As Safe (GRAS) compounds. These compounds are non-flammable and non-toxic in nature. Sodium acetate is manufactured in compliance with the rules and legislations laid down by regulatory authorities such as the American Chemical Society for chemical applications, the U.S. Pharmaceutical Convention (USP-NF) for pharmaceutical applications and Food Chemicals Codex (FCC) for food applications. Browse Full Market Report ,Here : http://www.transparencymarketresearch.com/sodium-acetate-trihydrate-market.html