The global sodium borohydride market size is anticipated to register a significant CAGR of over 5% during the forecast period and estimated to reach over USD 2 billion by 2027. The high demand for the product from paper & pulp and the pharmaceutical industry is a major factor to drive the market growth. The increasing demand for paper in the packaging industry owing to its eco-friendly nature is further anticipated to boost the market growth over the forecast period. Furthermore, the increasing investment in the healthcare industry especially in vaccines and medical drugs is anticipated to increase the demand for sodium borohydride. However, the safety issues regarding chemical handling is expected to restrain the market growth.
The report titled "Sodium Borohydride Market - Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast - 2020 – 2027" offers a holistic view of the Sodium Borohydride industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global Sodium Borohydride market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
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The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
Sodium Borohydride Market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.
The Data Sodium Borohydride Market Segmentation:
By Type:
- Powder
- Pellets
- Solution
- Granules
By End-Use:
- Pharmaceuticals
- Pulp and Paper
- Metal Recovery
- Textiles
- Organic Chemical Purification
- Others
By Region:
· North America
· Europe
· Asia Pacific
· Latin America
· Middle East & Africa
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List of Key Companies:
- Kemira
- Montgomery Chemicals
- Vertellus Specialty Materials
- Nantong Hongzhi Chemical Co., Ltd
- Zhangjiagang City Jinyuan Biochemical Co., Ltd.
- Shandong Guobang Pharmaceutical Co., Ltd
- Shaanxi Hanjiang Pharmaceutical Group Co., Ltd
- Anhui Jin’ao Chemical Co., Ltd.
- Jiangsu Huachang Chemical Co., Ltd
- Ascensus, LLC.
Key Questions Answered by Sodium Borohydride Market Report
· Product popularity and adoption based on various country-level dynamics
· Regional presence and product development for leading market participants
· Market forecasts and trend analysis based on ongoing investments and economic growth in key countries
· Competitive landscape based on revenue, product offerings, years of presence, number of employees and market concentration, among others
· number of employees and market concentration, among others
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