23.12.2021 Views

Demand For Minimally Invasive Procedures Drives U.S. Sodium Acetate Market in Chemical Industry

Sodium Acetate, NaCH₁Coo, also known as NaOAc, is a clear liquid substance that is obtained from sugar cane. It is made through a process of dehydration, boiling, and freezing. This translucent white liquid can be found in different varieties and is used for manufacturing a number of chemical solutions. These include deodorants, antiseptics, mouth rinses, cosmetics, shampoos, laundry soaps, and detergents. It is used for precipitating drugs, hormones, steroids, and nucleic acids with the aid of a column, under high pressure, or by electrolysis. Other chemicals which can precipitate in saline solution are the following - monocaprin (a combination of dextrose and propylene glycol), glycerol (sucrose), tartrate (isopropanol) and glycolic acid. When sodium hydroxide is used together with sodium carbonate in the preparation of sodium acetate it produces sodium monoxide, which is known as NaO2. The efficiency of the battery is increased when NaO2 is coupled with the energy derived from the reaction between sodium acetate and sodium monoxide. The high energy level of the battery is released into the external environment through its discharge. The use of NaOH batteries results in high energy release and reversible battery power. The ongoing COVID-19 pandemic has affected the global sodium acetate market. Several industries were shut down as a consequence of the lockdown, causing a hindrance in the supply chain. Over the pandemic period, it has gained traction in the medical and pharmaceutical sectors. Furthermore, rapid technological advances undertaken by key players are projected to spur market growth over the post-pandemic period. Read more @ https://www.coherentmarketinsights.com/market-insight/sodium-acetate-market-4588

Sodium Acetate, NaCH₁Coo, also known as NaOAc, is a clear liquid substance that is obtained from sugar cane. It is made through a process of dehydration, boiling, and freezing. This translucent white liquid can be found in different varieties and is used for manufacturing a number of chemical solutions. These include deodorants, antiseptics, mouth rinses, cosmetics, shampoos, laundry soaps, and detergents.

It is used for precipitating drugs, hormones, steroids, and nucleic acids with the aid of a column, under high pressure, or by electrolysis. Other chemicals which can precipitate in saline solution are the following - monocaprin (a combination of dextrose and propylene glycol), glycerol (sucrose), tartrate (isopropanol) and glycolic acid.

When sodium hydroxide is used together with sodium carbonate in the preparation of sodium acetate it produces sodium monoxide, which is known as NaO2. The efficiency of the battery is increased when NaO2 is coupled with the energy derived from the reaction between sodium acetate and sodium monoxide. The high energy level of the battery is released into the external environment through its discharge. The use of NaOH batteries results in high energy release and reversible battery power.

The ongoing COVID-19 pandemic has affected the global sodium acetate market. Several industries were shut down as a consequence of the lockdown, causing a hindrance in the supply chain. Over the pandemic period, it has gained traction in the medical and pharmaceutical sectors. Furthermore, rapid technological advances undertaken by key players are projected to spur market growth over the post-pandemic period.

Read more @ https://www.coherentmarketinsights.com/market-insight/sodium-acetate-market-4588

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

<strong>Market</strong> Size (2019)<br />

US$ 103.54 MN<br />

CAGR (2020 – 2027)<br />

4.9%<br />

© Coherent <strong>Market</strong> Insights. All Rights Reserved


Segmentation (Scope)<br />

By Product<br />

By End User<br />

Trihydrate<br />

Anhydrous<br />

Leather & textile<br />

Food<br />

Medical & Pharmaceuticals<br />

Others<br />

© Coherent © Coherent <strong>Market</strong> <strong>Market</strong> Insights. All All Rights Rights Reserved Reserved


Major Drivers<br />

<br />

<br />

Surg<strong>in</strong>g demand across<br />

pharmaceutical sector<br />

Increas<strong>in</strong>g adoption of<br />

leather products<br />

© Coherent © Coherent <strong>Market</strong> <strong>Market</strong> Insights. All All Rights Rights Reserved Reserved


NORTH<br />

AMERICA<br />

<strong>Market</strong> Size<br />

US$ 21.06 MN<br />

CAGR<br />

5.4%<br />

Major Driver<br />

<br />

Huge R & D <strong>in</strong>vestments be<strong>in</strong>g made across<br />

chemical <strong>in</strong>dustries located <strong>in</strong> this region is<br />

expected to trigger the demand for sodium acetate.<br />

Major Driver<br />

<br />

ASIA<br />

PACIFIC<br />

<strong>Market</strong> Size<br />

US$ 56.67 MN<br />

CAGR<br />

6.0%<br />

Rapid growth across chemical <strong>in</strong>dustry <strong>in</strong><br />

this region is projected to augment the<br />

market growth.<br />

© Coherent © Coherent <strong>Market</strong> <strong>Market</strong> Insights. All All Rights Rights Reserved Reserved


Major Players<br />

Allan <strong>Chemical</strong> Corporation<br />

Karn Chem Corporation<br />

CABB GmbH<br />

Niacet Corporation<br />

Changshu Nanhu <strong>Chemical</strong> Co., Ltd.<br />

NOAH Technologies Corporation<br />

Fujian Fukang Pharmaceutical Co., Ltd.<br />

Nantong Zhongwang Additives Co., Ltd.<br />

Shanxi X<strong>in</strong>zhou <strong>Chemical</strong> Reagent<br />

Factory<br />

Spectrum <strong>Chemical</strong> Manufactur<strong>in</strong>g<br />

Corporation<br />

© Coherent © Coherent <strong>Market</strong> <strong>Market</strong> Insights. All All Rights Rights Reserved Reserved


Global <strong>Sodium</strong> <strong>Acetate</strong> <strong>Market</strong>, Revenue Share<br />

(%), By End-Use, 2019<br />

35.50%<br />

?<br />

?<br />

?<br />

Leather &<br />

textile<br />

Food<br />

Medical &<br />

Pharmaceuticals<br />

Others<br />

© Coherent © Coherent <strong>Market</strong> <strong>Market</strong> Insights. All All Rights Rights Reserved Reserved

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!