DUBLIN--(BUSINESS WIRE)--The "Sodium Hypophosphite - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.
The Global Sodium Hypophosphite market accounted for $582.36 million in 2018 and is expected to reach $1,051.28 million by 2027 growing at a CAGR of 6.8% during the forecast period.
Growing demand for water treatment in industrial applications and expansion of the electronics and automotive sectors are the key driving factors. However, the rise in the price of phosphorous rocks owing to scarcity in supply is restraining the market growth.
In terms of grade, the electrical segment is likely to have a huge demand during the forecast period. Sodium hypophosphite in its electrical grade is utilized for electroless nickel plating. Electroless nickel plating is increasing boundless adoption in the automotive and electronics sectors.
By geography, Asia-Pacific is estimated to have a lucrative growth due to the presence of large electronics and automotive manufacturers in the region and also the rise in industrialization in countries such as China, Japan, and South Korea is anticipated to expand at a rapid pace in the upcoming years.
Some of the key players in Global Sodium Hypophosphite market include Solvay, Nippon Chemical Industrial Co., Ltd, Arkema, Jiangxi Fuerxin Medicine Chemical Co., Ltd., Hubei Lianxing Chemical Co., Ltd., Sigma-Aldrich, Changshu New-Tech Chemicals Co., Ltd., Zhejiang Zengxin Chemistry Co., Ltd., Jiangsu Kangxiang Industrial Group Co., Ltd., and Huanggang Quanwang Chemical Co., Ltd.
What the report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
3.6 Application Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario
4 Porters Five Force Analysis
5 Global Sodium Hypophosphite Market, By Grade
5.4 Other Grades
6 Global Sodium Hypophosphite Market, By Purity
6.2 < 99%
7 Global Sodium Hypophosphite Market, By Function
7.2 Ion Exchange Resins
7.3 Chemical Intermediates
7.4 Reducing Agents
7.5 Analytical Reagents
7.6 Polymer Catalysts
7.7 Catalysts & Stabilizers
7.8 Other Functions
7.8.1 Flame Retardants
7.8.2 Food Additives
8 Global Sodium Hypophosphite Market, By Application
8.4 Public Utilities
8.8 Chemicals & Pharmaceuticals
8.10 Automotive & Transportation
8.11 Building & Construction
8.13 Water Treatment
8.14 Other Applications
9 Global Sodium Hypophosphite Market, By Geography
9.2 North America
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.5 Other Key Strategies
11 Company Profiling
11.2 Nippon Chemical Industrial Co. Ltd.
11.4 Jiangxi Fuerxin Medicine Chemical Co. Ltd.
11.5 Hubei Lianxing Chemical Co. Ltd.
11.7 Changshu New-Tech Chemicals Co. Ltd.
11.8 Zhejiang Zengxin Chemistry Co. Ltd.
11.9 Hubei Sky Lake Chemical Co. Ltd.
11.10 Hubei Xingfa Chemicals Group Co. Ltd.
11.11 Jiangsu Kangxiang Industrial Group Co. Ltd.
11.12 Huanggang Quanwang Chemical Co. Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/rhafw3