Sodium acetate, also known as sodium ethanoate, is made by reacting acetic acid with sodium carbonate or sodium hydroxide. The granular white powder sodium acetate trihydrate has an acetic odour.
MARKET DYNAMICS
Sodium acetate, also known as sodium ethanoate or sodium salt of acetic acid, is a colourless, deliquescent substance. The significant demand from the processed food industry would drive the sodium acetate market, owing to rising consumer income levels, round-the-clock working hours, and changes in consumer eating patterns. In dairy goods, cheese, chips, chicken, pork, and other foods, the product is widely utilised as an emulsifier, preservative, and flavouring agent. The product can be blended with vinegar to make sodium diacetate, which gives foods a strong flavour.
MARKET SCOPE
The "Global Sodium Acetate Trihydrate Market Analysis to 2028" is a specialized and in-depth study of the chemical and material industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the Sodium acetate trihydrate market with detailed market segmentation by end use industry. The global Sodium acetate trihydrate 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 trihydrate market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Sodium acetate trihydrate market is segmented end use industry. By end use industry the sodium acetate trihydrate market is classified into leather & textiles, food, medical & pharmaceuticals, 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 trihydrate market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The sodium acetate trihydrate 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 trihydrate market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. 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 trihydrate market in these regions.
MARKET PLAYERS
The report covers vital developments in the sodium acetate trihydrate 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 partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the Sodium acetate trihydrate market are anticipated to lucrative growth opportunities in the future with the rising demand for Sodium acetate trihydrate in the global market. Below mentioned is the list of few companies engaged in the sodium acetate trihydrate market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the sodium acetate trihydrate market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Changshu Nanhu Chemical Co. Ltd
- American Elements
- CABB GmbH
- Nantong Zhongwang Additives Co. Ltd.
- Sisco Research Laboratories Pvt. Ltd.
- Niacet Corporation
- NOAH Technologies Corporation
- Gelest Inc
- Spectrum Chemical Manufacturing Corporation
- Cayman Chemical