Sodium acetate, otherwise called sodium ethanoate, is a natural compound, which is the sodium salt of acidic corrosive. It is fabricated by the balance response of acidic corrosive with sodium hydroxide. The item is widely utilized as an emulsifier, additive, and seasoning operator in dairy items, chips, poultry meat, and different edibles. Furthermore, it fills in as a corrosive controller in creature takes care of and different medications. Moreover, sodium acetate is utilized in pharmaceutical industry, textile and leather industry, water treatment. Besides, it discovers its applications in support arrangement and solid sealants.
MARKET DYNAMICS
The central point for the interest for sodium acetic acid derivation is its huge use in the food business. By and by, occupied timetable of the regular workers with less an ideal opportunity to get ready food has impelled purchasers to switch toward prepared food, which supplements the development of the sodium acetic acid derivation advertise. What's more, flood popular for solid food has enlarged the interest for sodium acetic acid derivation, as it tends to be added to food as a corrosive controller, flavoring, emulsifier, and additive. In addition, cowhide and material and pharmaceuticals are the critical end-client businesses of the sodium acetic acid derivation. This is credited to the way that it is utilized as a washing salt in cowhide enterprises, inferable from its boss properties, for example, upgraded dissolvability and high thickness. Moreover, it is utilized to build the take-up of color and shield it from light during the dying procedure. In textile industry, sodium acetate is utilized to expel electrostatic power during preparing of cotton.
MARKET SCOPE
The "Global Sodium Acetate Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the sodium acetate market with detailed market segmentation by type, application, end use industry and geography. The global sodium acetate market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading sodium acetate market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global sodium acetate market is segmented on the basis of type, application and end use industry. On the basis of type the global sodium acetate market is segmented into Trihydrate and Anhydrous. By application the global sodium acetate market is segmented into emulsifier, food additive, preservative and others. Based on end use industry the sodium acetate market is classified into food & beverages, pharmaceuticals,textile & leather and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global sodium acetate market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The sodium acetate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the sodium acetate market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the sodium acetate market in these regions.
MARKET PLAYERS
The reports cover key developments in the sodium acetate market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from sodium acetate market are anticipated to lucrative growth opportunities in the future with the rising demand for sodium acetate in the global market. Below mentioned is the list of few companies engaged in the sodium acetate market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the sodium acetate market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Mangalam Organics Limited
- Anmol Chemicals Group
- Cayman Chemical
- Karn Chem Corporation
- American Elements
- Spectrum Chemical Manufacturing Corporation
- Sisco Research Laboratories
- Foodchem International Corporation
- Estelle Chemicals Pvt. Ltd.
- Changshu Nanhu Chemical Co., Ltd