Reports and Data estimates the global Sodium Methylate competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global Sodium Methylate during the forecast period.

The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include Evonik Industries AG, Brenntag NV, Desatec, American Elements, TGV Group, MSSA, BASF SE, Supra Group of Companies, FRP Services & Company, and DuPont among others.

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Sodium Methylate Overview :-

The sodium methylate market is projected to grow at a rate of 2.3% in terms of value, from 2020 to reach USD 219.3 Million by 2028.  Sodium methylate, also popularly known as sodium methoxide with the chemical formula of CH3ONa, may be produced as a result of an exothermic reaction between elemental sodium and methanol. Commercially, sodium methylate can be obtained either in solid or liquid (solution) form. Usually, sodium methylate is sold as a 25% to 30% solution in methanol for use in several applications, like the production of vitamin A1, B1, sulfadiazine, trimethoprim, and analytical agents among others. It is also extensively used as a catalyst in the production of bio-diesel. An increase in demand for sodium methylate as a base, nucleophile, catalyst, reagent to carry out numerous chemical reactions in organic chemistry is anticipated to stimulate market growth. Further, a growth in the implementation of this chemical in the pharmaceutical industry in the production of vitamins, Sulfadoxine, Sulfadiazine, and Trimethoprim, is driving the market demand. Widespread application in grease, and synthetic detergents synthesis, and edible oil processing is projected to drive the market growth in the upcoming years.  Also, the rise in global demand for biodiesel supported by favorable government initiatives in many countries is forecasted to push the market growth in the forecast period.

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For the purpose of this report Reports and Data has segmented global Sodium Methylate market on the basis of type, application, and region:

Packaging Type Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)

• Drums
• Bulk Containers
• Glass Bottles

Application Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)

• Catalyst
• Precipitant

End-User Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)

• Pharmaceutical
• Plastics & Polymers
• Bio-Diesel
• Personal Care
• Agrochemical
• Food Processing
• Others

Key Regional Markets Covered in the Report:

• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

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Key Questions answered by the Report:

• What is the expected year-on-year growth of the Sodium Methylate during the forecast period?
• What key trends are expected influence revenue growth of the market going ahead?
• Which region is expected to account for largest revenue share over the forecast period?
• Which key companies are profiled in the report?

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