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Sodium Acetate Market

Sodium Acetate Market Size, Share & Trends Analysis Report

Sodium Acetate Market Size, Share & Trends Analysis Report By Product (Anhydrous, Trihydrate), By Application (Food, Leather & Textile, Medical & Pharmaceuticals), Based On Region, And Segment Forecasts, 2022 - 2028

Published
Report ID : BMRC 627
Number of pages : 300
Published Date : Nov 2022
Category : Chemical And Materials
Delivery Timeline : 48 hrs
Single User : $3250

Corporate User : $7999

Sodium Acetate Market is valued at USD 168.80 Million in 2021 and is expected to reach USD 236.75 Million by 2028 with a CAGR of 5.80% over the forecast period.

The Detailed Market intelligence report on the Sodium Acetate Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate Sodium Acetate Market place for the forecast 2022– 2028.

Scope of Sodium Acetate Market:

Rise in the issues of supply chain of the food items which are including a delay in the transporting, lesser shelf-life etc. and has also resulted in more importance in the foods which are being preserved and further using the preservatives for prolonging the food products’ shelf life. Further, this is going to bolster the demand for the sodium acetate in the industry for food preservative in the forecast period.

The sodium acetate refers to a deliquescent which is colorless and is known commonly as sodium ethanoate or the sodium salt of the acetic acid. The significant amount of demand from the industry of processed food because of the rise in the income levels has been making the market grow and has been expected to grow further in the forecast period. The product has been used extensively as a preservative, emulsifier as well as a flavoring agents in cheese, dairy products, poultry, chips and other edibles including meat. This product may be mixed with the vinegar for forming the sodium diacetate which is delivering a big flavor for the eatables.

Report Analysis Details
Historical data 2018 - 2021
Forecast Period 2022 - 2028
Market Size in 2021: USD 168.80 Million
Base year considered 2021
Forecast Period CAGR %:

5.80%

Market Size Expected in 2028: USD 236.75 Million
Tables, Charts & Figures: 175
Pages 196
Sodium Acetate Companies Lonza, Changshu Nanhu Chemical, Nantong Zhognwang Additives, Karn Chem Corporation, NOAH technologies corporation, Spectrum Chemical Manufacturing, Sisco Research Laboratories, Daito Chemical have
Segments Covered By Product Type, By Application
Regional Analysis North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa

The sodium acetate market has been segmented into anhydrous and tri-hydrate products. Among these, the tri-hydrate has been valued in a huge amount for seizing a major portion of the complete industry. The product has been using extensively in the textile and leather industry as a buffering and pickling agent. Furthermore, it has been employed in the dyes which have been further used for the printing of textiles like the dyeing silk in addition to the other natural fabrics.

Textile and leather as well as pharmaceuticals and medical domains have been the end-user dominant industries in the sodium acetate market in combination have been accounting for a major part of the entire share of the market and is going to grow at the significant rate.

Sodium Acetate Market Segmentation:

By Product Type

  • Anhydrous
  • Trihydrate

By Application

  • Food, Leather & Textile
  • Medical & Pharmaceuticals
  • Others

Sodium Acetate Market Key Players:

  • Lonza
  • Changshu Nanhu Chemical
  • Nantong Zhognwang Additives
  • Karn Chem Corporation
  • NOAH technologies corporation
  • Spectrum Chemical Manufacturing
  • Sisco Research Laboratories
  • Daito Chemical have

Rise In Import Duties Driving The Global Sodium Acetate Market

The higher import duties in addition with the availability of many product substitutes which are the major factors for the restriction of the market growth of the sodium acetate market in the period of forecast. A few similar additives as well as the preservatives have been available in markets and have been acting as the sodium acetate substitutes. The major threat to the food additives and the preservatives have been available in the markets and has been posing a threat to the sodium acetate in the market.

This product has been used majorly as the washing salt in the industry of leather and the textile industries due to the superior physical properties like the density, high solubility etc. It has also been employing the increase of the uptake of the dye as well as protecting it from the light because of dying process. Furthermore, it is removing the force of electrostatic in the cotton processing in the industry of textile. All these uses and advantages are boosting the global sodium acetate market growth.

Asia Pacific To See Maximum Growth In The Global Sodium Acetate Market

Asia Pacific has been a major contributor to the market of sodium acetate and the region has been accounting for a major portion of the sodium acetate market in the world. The market share has been expected to expand in future.

On Special Requirement Sodium Acetate Market Report is also available for the below Regions and Countries:

North America

  • U.S.
  • Canada

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Sweden
  • Netherland
  • Turkey
  • Switzerland
  • Belgium
  • Rest of Europe

Asia-Pacific

  • South Korea
  • Japan
  • China
  • India
  • Australia
  • Philippines
  • Singapore
  • Malaysia
  • Thailand
  • Indonesia
  • Rest Of APAC

Latin America

  • Mexico
  • Colombia
  • Brazil
  • Argentina
  • Peru
  • Rest of South America

Middle East and Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest Of MEA

Key Benefits of Global Sodium Acetate Industry Report–

  • Global Sodium Acetate Industry report covers in-depth historical and forecasts analysis.
  • Global Sodium Acetate Industry research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, and Regional and Country levels.
  • Global Sodium Acetate Industry report helps to identify opportunities in the marketplace.
  • Global Sodium Acetate Industry report covers an extensive analysis of emerging trends and the competitive landscape.
SUMMARY
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