Outlook on the Sodium Nitrate Global Market to 2027 - Pharmaceuticals Segment to Record 11.1% CAGR - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Sodium Nitrate: Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

The global market for Sodium Nitrate estimated at US$94 Million in the year 2020 is projected to reach a revised size of US$133.8 Million by 2027, growing at a CAGR of 5.2% over the analysis period 2020-2027.

Industrial, one of the segments analyzed in the report, is projected to record a 4.5% CAGR and reach US$113 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Food segment is readjusted to a revised 9.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $25.8 Million, While China is Forecast to Grow at 6.8% CAGR

The Sodium Nitrate market in the U.S. is estimated at US$25.8 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$27.5 Million by the year 2027 trailing a CAGR of 8.8% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.1% and 3.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$17.5 Million by the year 2027.

Pharmaceuticals Segment to Record 11.1% CAGR

In the global Pharmaceuticals segment, USA, Canada, Japan, China and Europe will drive the 11.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.7 Million in the year 2020 will reach a projected size of US$5.4 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 11.9% CAGR through the analysis period.

Select Competitors (Total 21 Featured) -

• Alfa Aesar
• American Elements
• BASF SE
• Cofermin Chemicals GmbH & Co. KG
• Dahua Group Dalian Guanlin International Trade Co., Ltd.
• Hangzhou Xinlong Chemical Co., Ltd.
• Huaqiang Chemical Group Co., Ltd.
• Jiangsu Huaihe Chemicals Co., Ltd.
• Liuzhou Chemical Co., Ltd.
• Rashtriya Chemicals and Fertilizers Ltd.
• Seth Nandram Daulatram Biyani (SNDB)
• Shandong Haihua Group Co., Ltd.
• Shanxi Jiaocheng Hongxing Chemical Co., Ltd.
• Sinkiang Nitrate Minerals Co., Ltd.
• SQM North America Corporation
• Sumitomo Chemical Co., Ltd.
• Yingfengyuan Industrial Group Limited

What's New for 2022?

• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Sodium Nitrate - Global Key Competitors Percentage Market Share in 2022 (E)
• Impact of Covid-19 and a Looming Global Recession
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/2ohuoe