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Sodium Acetate Trihydrate Crystals Market Size, Share & Industry Analysis, By Grade (Analysis Grade, Biotechnology Grade, Other), By Application (Food Industrial, Dyestuff, Pharmaceuticals Industrial, Other) and Regional Forecast, 2023-2030

Region : Global | Report ID: FBI103402 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Sodium acetate may be formulated by treating acetic acid with sodium carbonate or sodium hydroxide, often identified as sodium ethanoate. Sodium acetate trihydrate is a granulated, white powder with an acetic odor. Sodium acetate anhydrous is generally a granular, or hygroscopic powder. They are processed, by heating more than the point of melting and then left to settle, the  solution becomes ultra-saturated. This method is effective in cooling down to normal temperature without crystal formation. A condensed nucleus is created by pulling on a metal disk within the heating pad, which allows the mixture to crystallize down to solid sodium acetate trihydrate. The crystallization cycle that forms the bonds is exothermic.


The increased application in medical & pharmaceutical products is anticipated to witness the fastest-growing end-use industry due to increased sodium acetate trihydrate intake in electrolytes, heating pads and, as a depressant, thus driving the market. Sodium acetate anhydrous is used as an expectorant, systemic alkaliser, and diuretic ingredient. This is sometimes used as a dry mix for dialysis of the renals. However, large numbers of substitutes, particularly for food and pharmaceutical industry, are likely to hinder market growth.


Key Market Driver -

The increasing demand for sodium acetate trihydrate in medical & pharmaceutical industry drives the market.

Key Market Restraint -

Availability of large number of substitutes restrains the market.


Market Segmentation:


Based on grade, the market for sodium acetate trihydrate crystals is further segmented into analysis grade, biotechnology grade and other. Based on application, the market for sodium acetate trihydrate crystals  is further segmented into food industrial, dyestuff, pharmaceuticals industrial, and other. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.


Key Players Covered:


The global sodium acetate trihydrate crystals market is consolidated, with a number of global & regional players operating. Some of the key players in the sodium acetate trihydrate crystals  market includes Karn Chem Corporation, Changshu Nanhu Industrial Chemical Co., Ltd., Nantong Zhongwang Additives, Allan Chemical Corporation, NOAH Technologies Corporation, Shijiazhuang Haosheng Chemical Co.,Ltd, Niacet and others


Key Insights



  • New Advancements in Production Technologies

  • Key Trends in the Sodium Acetate Trihydrate Crystals Market

  • New Product Launches, Expansions, Key Players

  • Ranking of Key Players in the Market


Regional Analysis:


In terms of Geography, the sodium acetate trihydrate crystals market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia-Pacific region controls the sodium acetate trihydrate crystals market in terms of both consumption and production. Due to the growth of the ready-to -eat food , which largely relies on the use of functional foods and presevatives usage, the sodium acetate trihydrate market in these regions has been the main driver for growth. The rising application in medical & pharmaceuticals industry in the Asia Pacific is assumed to push the growth of the sodium acetate anhydrous market. North America is witnessing significant growth due to high healthcare spendings and consumer  awareness driving the region's end-use of sodium acetate anhydrous market in the medical & pharmaceutical industries. Due to increased demand for sodium acetate trihydrate from Italy and Spain, Europe began to emerge as a unique consumer of sodium acetate trihydrate, as these are the largest tanning spots in Europe. This is because sodium acetate trihydrate is widely used in leather tanning as a washing salt, and in textile dyeing as a mordant. Due to the growing requirement for  sodium acetate trihydrate in various end-user industries in the GCC countries, the Middle East and Africa are expected to face constant growth. Latin America is experiencing relatively slow growth due to the limited number of manufacturers present in the region.


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Segmentation






















 ATTRIBUTE


  DETAILS

By Grade




  • Analysis Grade

  • Biotechnology Grade

  • Other



By Application




  • Food Industrial

  • Dyestuff

  • Pharmaceuticals Industrial

  • Other



By Geography




  • North America (USA, Canada)

  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)

  • Asia Pacific (Japan, China, Taiwan, India, South Korea, Southeast Asia and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, Rest of Latin America)

  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)



Sodium Acetate Tryhydrate Crystals Industry Developments



  • In 2018, Niacet Corporation, a producer of propionates and acetates, announced that the acquisition of Jungbuzlauer's sodium diacetate business, to broade its existence in the sodium diacetate segment. This acquisition further enhances the strong market position for the company.


  • Ongoing
  • 2022
  • 2019-2021

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