Sodium Methylate Market size is expected to reach nearly US$ 549.58 Mn. by 2029 with the CAGR of 4% during the forecast period. The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis. Sodium methylate is prepared using methanol. It is commercially existing in two forms, such as solid and liquid. The solid form is pure sodium methylate and is mainly used in the pharmaceutical and agrochemical industries. The liquid form is used in the production of biodiesel, where it is used as a catalyst.To know about the Research Methodology :- Request Free Sample Report
Sodium Methylate Market Dynamics
The use of sodium methylates in the production of biodiesel for the automotive and many other industries is a key driving factor in the growth of the global sodium methylate market. Also, the extensive use of sodium methylate in the pharmaceutical industry, together with the healthy growth of the pharmaceutical industry across the globe is expected to fuel the growth of the global sodium methylate market. The demand for sodium methylate as a catalyst in applications, like edible oil processing, grease, and synthetic detergents has encouraged growth. Similarly, developing the adoption of the chemical in the pharmaceutical industry to produce vitamins, Sulfadoxine, Sulfadiazine, Trimethoprim, etc. is also pushing the growth of the market. The demand for biodiesel supported by positive government initiatives in many countries is expected to shoot the market growth in the future. The demand for sodium methylate in the developing economies of Asia-Pacific and Latin America, like India, China, Thailand, Malaysia, Indonesia, Brazil, and Argentina, is expected to create profitable growth opportunities for the producers of the sodium methylate in the future. On the other hand, the volatility in the prices of methanol, which is the significant raw material for the product, is likely to restrain the growth of the global sodium methylate market throughout the forecast period.Sodium Methylate Market Segment Analysis
The solid segment is leading the market with the largest market share of the global market in 2022 By the type segment, the solid type segment held the largest market share of the global market in 2022, because of its applications in pharmaceuticals, perfumes, dyes, and organic intermediates. It is extensively used as a catalyst in the production of biodiesel.Sodium Methylate Market Regional Insights
Asia-Pacific is expected to hold the largest market share of xx% of the global sodium methylate market by 2029. Region-wise, Asia-Pacific held the largest market share of the global sodium methylate market in 2022. The countries of the APAC region, such as China, India, and Japan are observing an increasing demand for sodium methylate from several industrial verticals, because of the rapid industrialization rate and growing per-capita income in these countries. The regional market is expected to account for a CAGR of xx% during the forecast period. North America held the second-largest market share of the global sodium methylate market in 2022. The US held the largest market share of the regional market and is expected to register the highest CAGR of the global market. In April 2022, BASF, a key player in the market announced to increase the production capacity for its sodium methylate plant in Guaratinguetá, Brazil. The capacity will upsurge by 30%, from present 60,000 metric tons to 80,000 metric tons. The new capacity will come on stream in 2022. Sodium methylate supports higher yields and low preparation cost for biodiesel. The objective of the report is to present a comprehensive analysis of the Global Sodium Methylate Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Market dynamics, structure by analyzing the market segments and project the Global Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Market make the report investor’s guide.Sodium Methylate Market Scope: Inquire before buying
Global Sodium Methylate Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: US $ 417.63 Mn. Forecast Period 2023 to 2029 CAGR: 4% Market Size in 2029: US $ 549.58 Mn. Segments Covered: by Type 1. Solid 2. Liquid by Application 1. Pharmaceuticals 2. Agrochemicals 3. Plastics & Polymers 4.Personal Care 5. Analytical Reagent 6. Biodiesel 7. Others Sodium Methylate Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina, Columbia and Rest of South America)Sodium Methylate Market. Key players are
1. Evonik Industries AG 2. BASF SE 3. New Heaven Chemicals INC Iowa LLC 4. Zhengzhou Saihang Chemical Technology Co. Ltd 5. ANHUI JINBANG MEDICINE CHEMICAL CO., LTD 6. Inner Mongolia Lantai Industrial Co., Ltd 7. Shandong Xisace New Materials Technology Co. Ltd 8. Supra Group of Companies 9. Envirocat 10. Shandong Daze Chemical Group 11. American Elements 12. LIAN Chemical Development Co. 13. E. I. du Pont de Nemours and Company 14. Zibo Xusheng Chemical Co. Ltd. 15. Dezhou Longteng Chemical Co. Ltd. Frequently Asked Questions: 1. Which region has the largest share in Global Sodium Methylate Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Sodium Methylate Market? Ans: The Global Sodium Methylate Market is growing at a CAGR of 4% during forecasting period 2023-2029. 3. What is scope of the Global Sodium Methylate market report? Ans: Global Sodium Methylate Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Sodium Methylate market? Ans: The important key players in the Global Sodium Methylate Market are – Evonik Industries AG, BASF SE, New Heaven Chemicals INC Iowa LLC, Zhengzhou Saihang Chemical Technology Co. Ltd, ANHUI JINBANG MEDICINE CHEMICAL CO., LTD, Inner Mongolia Lantai Industrial Co., Ltd, Shandong Xisace New Materials Technology Co. Ltd, Supra Group of Companies, Envirocat, Shandong Daze Chemical Group, American Elements, LIAN Chemical Development Co., E. I. du Pont de Nemours and Company, Zibo Xusheng Chemical Co. Ltd., and Dezhou Longteng Chemical Co. Ltd. 5. What is the study period of this market? Ans: The Global Sodium Methylate Market is studied from 2022 to 2029.
Global Sodium Methylate Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Sodium Methylate Market Size, by Market Value (US$ Mn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Sodium Methylate Market Analysis and Forecast 6.1. Sodium Methylate Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Sodium Methylate Market Analysis and Forecast, by Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Sodium Methylate Market Value Share Analysis, by Type 7.4. Sodium Methylate Market Size (US$ Mn) Forecast, by Type 7.5. Sodium Methylate Market Analysis, by Type 7.6. Sodium Methylate Market Attractiveness Analysis, by Type 8. Global Sodium Methylate Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Sodium Methylate Market Value Share Analysis, by Application 8.4. Sodium Methylate Market Size (US$ Mn) Forecast, by Application 8.5. Sodium Methylate Market Analysis, by Application 8.6. Sodium Methylate Market Attractiveness Analysis, by Application 9. Global Sodium Methylate Market Analysis, by Region 9.1. Sodium Methylate Market Value Share Analysis, by Region 9.2. Sodium Methylate Market Size (US$ Mn) Forecast, by Region 9.3. Sodium Methylate Market Attractiveness Analysis, by Region 10. North America Sodium Methylate Market Analysis 10.1. Key Findings 10.2. North America Sodium Methylate Market Overview 10.3. North America Sodium Methylate Market Value Share Analysis, by Type 10.4. North America Sodium Methylate Market Forecast, by Type 10.4.1. Solid 10.4.2. Liquid 10.5. North America Sodium Methylate Market Value Share Analysis, by Application 10.6. North America Sodium Methylate Market Forecast, by Application 10.6.1. Pharmaceuticals 10.6.2. Agrochemicals 10.6.3. Plastics & Polymers 10.6.4. Personal Care 10.6.5. Analytical Reagent 10.6.6. Biodiesel 10.6.7. Others 10.7. North America Sodium Methylate Market Value Share Analysis, by Country 10.8. North America Sodium Methylate Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Sodium Methylate Market Analysis, by Country 10.10. U.S. Sodium Methylate Market Forecast, by Type 10.10.1. Solid 10.10.2. Liquid 10.11. U.S. Sodium Methylate Market Forecast, by Application 10.11.1. Pharmaceuticals 10.11.2. Agrochemicals 10.11.3. Plastics & Polymers 10.11.4. Personal Care 10.11.5. Analytical Reagent 10.11.6. Biodiesel 10.11.7. Others 10.12. Canada Sodium Methylate Market Forecast, by Type 10.12.1. Solid 10.12.2. Liquid 10.13. Canada Sodium Methylate Market Forecast, by Application 10.13.1. Pharmaceuticals 10.13.2. Agrochemicals 10.13.3. Plastics & Polymers 10.13.4. Personal Care 10.13.5. Analytical Reagent 10.13.6. Biodiesel 10.13.7. Others 10.14. North America Sodium Methylate Market Attractiveness Analysis 10.14.1. By Type 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe Sodium Methylate Market Analysis 11.1. Key Findings 11.2. Europe Sodium Methylate Market Overview 11.3. Europe Sodium Methylate Market Value Share Analysis, by Type 11.4. Europe Sodium Methylate Market Forecast, by Type 11.4.1. Solid 11.4.2. Liquid 11.5. Europe Sodium Methylate Market Value Share Analysis, by Application 11.6. Europe Sodium Methylate Market Forecast, by Application 11.6.1. Pharmaceuticals 11.6.2. Agrochemicals 11.6.3. Plastics & Polymers 11.6.4. Personal Care 11.6.5. Analytical Reagent 11.6.6. Biodiesel 11.6.7. Others 11.7. Europe Sodium Methylate Market Value Share Analysis, by Country 11.8. Europe Sodium Methylate Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Sodium Methylate Market Analysis, by Country 11.10. Germany Sodium Methylate Market Forecast, by Type 11.10.1. Solid 11.10.2. Liquid 11.11. Germany Sodium Methylate Market Forecast, by Application 11.11.1. Pharmaceuticals 11.11.2. Agrochemicals 11.11.3. Plastics & Polymers 11.11.4. Personal Care 11.11.5. Analytical Reagent 11.11.6. Biodiesel 11.11.7. Others 11.12. U.K. Sodium Methylate Market Forecast, by Type 11.12.1. Solid 11.12.2. Liquid 11.13. U.K. Sodium Methylate Market Forecast, by Application 11.13.1. Pharmaceuticals 11.13.2. Agrochemicals 11.13.3. Plastics & Polymers 11.13.4. Personal Care 11.13.5. Analytical Reagent 11.13.6. Biodiesel 11.13.7. Others 11.14. France Sodium Methylate Market Forecast, by Type 11.14.1. Solid 11.14.2. Liquid 11.15. France Sodium Methylate Market Forecast, by Application 11.15.1. Pharmaceuticals 11.15.2. Agrochemicals 11.15.3. Plastics & Polymers 11.15.4. Personal Care 11.15.5. Analytical Reagent 11.15.6. Biodiesel 11.15.7. Others 11.16. Italy Sodium Methylate Market Forecast, by Type 11.16.1. Solid 11.16.2. Liquid 11.17. Italy Sodium Methylate Market Forecast, by Application 11.17.1. Pharmaceuticals 11.17.2. Agrochemicals 11.17.3. Plastics & Polymers 11.17.4. Personal Care 11.17.5. Analytical Reagent 11.17.6. Biodiesel 11.17.7. Others 11.18. Spain Sodium Methylate Market Forecast, by Type 11.18.1. Solid 11.18.2. Liquid 11.19. Spain Sodium Methylate Market Forecast, by Application 11.19.1. Pharmaceuticals 11.19.2. Agrochemicals 11.19.3. Plastics & Polymers 11.19.4. Personal Care 11.19.5. Analytical Reagent 11.19.6. Biodiesel 11.19.7. Others 11.20. Rest of Europe Sodium Methylate Market Forecast, by Type 11.20.1. Solid 11.20.2. Liquid 11.21. Rest of Europe Sodium Methylate Market Forecast, by Application 11.21.1. Pharmaceuticals 11.21.2. Agrochemicals 11.21.3. Plastics & Polymers 11.21.4. Personal Care 11.21.5. Analytical Reagent 11.21.6. Biodiesel 11.21.7. Others 11.22. Europe Sodium Methylate Market Attractiveness Analysis 11.22.1. By Type 11.22.2. By Application 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Developments 12. Asia Pacific Sodium Methylate Market Analysis 12.1. Key Findings 12.2. Asia Pacific Sodium Methylate Market Overview 12.3. Asia Pacific Sodium Methylate Market Value Share Analysis, by Type 12.4. Asia Pacific Sodium Methylate Market Forecast, by Type 12.4.1. Solid 12.4.2. Liquid 12.5. Asia Pacific Sodium Methylate Market Value Share Analysis, by Application 12.6. Asia Pacific Sodium Methylate Market Forecast, by Application 12.6.1. Pharmaceuticals 12.6.2. Agrochemicals 12.6.3. Plastics & Polymers 12.6.4. Personal Care 12.6.5. Analytical Reagent 12.6.6. Biodiesel 12.6.7. Others 12.7. Asia Pacific Sodium Methylate Market Value Share Analysis, by Country 12.8. Asia Pacific Sodium Methylate Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Sodium Methylate Market Analysis, by Country 12.10. China Sodium Methylate Market Forecast, by Type 12.10.1. Solid 12.10.2. Liquid 12.11. China Sodium Methylate Market Forecast, by Application 12.11.1. Pharmaceuticals 12.11.2. Agrochemicals 12.11.3. Plastics & Polymers 12.11.4. Personal Care 12.11.5. Analytical Reagent 12.11.6. Biodiesel 12.11.7. Others 12.12. India Sodium Methylate Market Forecast, by Type 12.12.1. Solid 12.12.2. Liquid 12.13. India Sodium Methylate Market Forecast, by Application 12.13.1. Pharmaceuticals 12.13.2. Agrochemicals 12.13.3. Plastics & Polymers 12.13.4. Personal Care 12.13.5. Analytical Reagent 12.13.6. Biodiesel 12.13.7. Others 12.14. Japan Sodium Methylate Market Forecast, by Type 12.14.1. Solid 12.14.2. Liquid 12.15. Japan Sodium Methylate Market Forecast, by Application 12.15.1. Pharmaceuticals 12.15.2. Agrochemicals 12.15.3. Plastics & Polymers 12.15.4. Personal Care 12.15.5. Analytical Reagent 12.15.6. Biodiesel 12.15.7. Others 12.16. ASEAN Sodium Methylate Market Forecast, by Type 12.16.1. Solid 12.16.2. Liquid 12.17. ASEAN Sodium Methylate Market Forecast, by Application 12.17.1. Pharmaceuticals 12.17.2. Agrochemicals 12.17.3. Plastics & Polymers 12.17.4. Personal Care 12.17.5. Analytical Reagent 12.17.6. Biodiesel 12.17.7. Others 12.18. Rest of Asia Pacific Sodium Methylate Market Forecast, by Type 12.18.1. Solid 12.18.2. Liquid 12.19. Rest of Asia Pacific Sodium Methylate Market Forecast, by Application 12.19.1. Pharmaceuticals 12.19.2. Agrochemicals 12.19.3. Plastics & Polymers 12.19.4. Personal Care 12.19.5. Analytical Reagent 12.19.6. Biodiesel 12.19.7. Others 12.20. Asia Pacific Sodium Methylate Market Attractiveness Analysis 12.20.1. By Type 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Developments 13. Middle East & Africa Sodium Methylate Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Sodium Methylate Market Overview 13.3. Middle East & Africa Sodium Methylate Market Value Share Analysis, by Type 13.4. Middle East & Africa Sodium Methylate Market Forecast, by Type 13.4.1. Solid 13.4.2. Liquid 13.5. Middle East & Africa Sodium Methylate Market Value Share Analysis, by Application 13.6. Middle East & Africa Sodium Methylate Market Forecast, by Application 13.6.1. Pharmaceuticals 13.6.2. Agrochemicals 13.6.3. Plastics & Polymers 13.6.4. Personal Care 13.6.5. Analytical Reagent 13.6.6. Biodiesel 13.6.7. Others 13.7. Middle East & Africa Sodium Methylate Market Value Share Analysis, by Country 13.8. Middle East & Africa Sodium Methylate Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Sodium Methylate Market Analysis, by Country 13.10. GCC Sodium Methylate Market Forecast, by Type 13.10.1. Solid 13.10.2. Liquid 13.11. GCC Sodium Methylate Market Forecast, by Application 13.11.1. Pharmaceuticals 13.11.2. Agrochemicals 13.11.3. Plastics & Polymers 13.11.4. Personal Care 13.11.5. Analytical Reagent 13.11.6. Biodiesel 13.11.7. Others 13.12. South Africa Sodium Methylate Market Forecast, by Type 13.12.1. Solid 13.12.2. Liquid 13.13. South Africa Sodium Methylate Market Forecast, by Application 13.13.1. Pharmaceuticals 13.13.2. Agrochemicals 13.13.3. Plastics & Polymers 13.13.4. Personal Care 13.13.5. Analytical Reagent 13.13.6. Biodiesel 13.13.7. Others 13.14. Rest of Middle East & Africa Sodium Methylate Market Forecast, by Type 13.14.1. Solid 13.14.2. Liquid 13.15. Rest of Middle East & Africa Sodium Methylate Market Forecast, by Application 13.15.1. Pharmaceuticals 13.15.2. Agrochemicals 13.15.3. Plastics & Polymers 13.15.4. Personal Care 13.15.5. Analytical Reagent 13.15.6. Biodiesel 13.15.7. Others 13.16. Middle East & Africa Sodium Methylate Market Attractiveness Analysis 13.16.1. By Type 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America Sodium Methylate Market Analysis 14.1. Key Findings 14.2. South America Sodium Methylate Market Overview 14.3. South America Sodium Methylate Market Value Share Analysis, by Type 14.4. South America Sodium Methylate Market Forecast, by Type 14.4.1. Solid 14.4.2. Liquid 14.5. South America Sodium Methylate Market Value Share Analysis, by Application 14.6. South America Sodium Methylate Market Forecast, by Application 14.6.1. Pharmaceuticals 14.6.2. Agrochemicals 14.6.3. Plastics & Polymers 14.6.4. Personal Care 14.6.5. Analytical Reagent 14.6.6. Biodiesel 14.6.7. Others 14.7. South America Sodium Methylate Market Value Share Analysis, by Country 14.8. South America Sodium Methylate Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Sodium Methylate Market Analysis, by Country 14.10. Brazil Sodium Methylate Market Forecast, by Type 14.10.1. Solid 14.10.2. Liquid 14.11. Brazil Sodium Methylate Market Forecast, by Application 14.11.1. Pharmaceuticals 14.11.2. Agrochemicals 14.11.3. Plastics & Polymers 14.11.4. Personal Care 14.11.5. Analytical Reagent 14.11.6. Biodiesel 14.11.7. Others 14.12. Mexico Sodium Methylate Market Forecast, by Type 14.12.1. Solid 14.12.2. Liquid 14.13. Mexico Sodium Methylate Market Forecast, by Application 14.13.1. Pharmaceuticals 14.13.2. Agrochemicals 14.13.3. Plastics & Polymers 14.13.4. Personal Care 14.13.5. Analytical Reagent 14.13.6. Biodiesel 14.13.7. Others 14.14. Rest of South America Sodium Methylate Market Forecast, by Type 14.14.1. Solid 14.14.2. Liquid 14.15. Rest of South America Sodium Methylate Market Forecast, by Application 14.15.1. Pharmaceuticals 14.15.2. Agrochemicals 14.15.3. Plastics & Polymers 14.15.4. Personal Care 14.15.5. Analytical Reagent 14.15.6. Biodiesel 14.15.7. Others 14.16. South America Sodium Methylate Market Attractiveness Analysis 14.16.1. By Type 14.16.2. By Application 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Evonik Industries AG 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Development Footprint 15.3.2. BASF SE 15.3.3. New Heaven Chemicals INC Iowa LLC 15.3.4. Zhengzhou Saihang Chemical Technology Co. Ltd 15.3.5. ANHUI JINBANG MEDICINE CHEMICAL CO., LTD 15.3.6. Inner Mongolia Lantai Industrial Co., Ltd 15.3.7. Shandong Xisace New Materials Technology Co. Ltd 15.3.8. Supra Group of Companies 15.3.9. Envirocat 15.3.10. Shandong Daze Chemical Group 15.3.11. American Elements 15.3.12. LIAN Chemical Development Co. 15.3.13. E. I. du Pont de Nemours and Company 15.3.14. Zibo Xusheng Chemical Co. Ltd. 15.3.15. Dezhou Longteng Chemical Co. Ltd. 16. Primary Key Insights