The key players in the sodium methoxide market include Anhui Jinbang Medicine Chemical Co.Ltd., BASF SE, Desatec, Dezhou Longteng Chemical Co.Ltd., E.I. Du Pont De Nemours And Company, Evonik Industries, Inner Mangolia Lantai Industrial Co.Ltd., Senxuan, Supra Group Of Companies and Zibo Xusheng Chemical Co.Ltd.
Rising demand of sodium methoxide as a base, neucleophile, catalyst, reagent to carry out various chemical reactions in organic chemistry is driving the market growth. Growing usage in the pharmaceutical application in the production of vitamins, Trimethoprim, Sulfadoxine, Sulfadiazine, etc., is further fueling the market growth. Extensive usage in edible oil processing, grease, and synthetic detergents synthesis is boosting the market growth. Also, rising global demand for biodiesel backed by favorable government initiatives in various countries over it’s blending is again contributing the market growth.
By Type
- Solid
- Liquid/Solution
By Application
- Pharmaceuticals
- Agrochemicals
- Plastic & Polymers
- Personal Care
- Analytical Agent
- Biodiesel
- Others
Current and forecast demand for sodium methoxide in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Source: https://www.valuemarketresearch.com/report/sodium-methoxide-market
Naira Shekhawat has been into Content Writing just after completing her Graduation in English Literature. Her love for words has won her many accolades in her respective jobs ever since. Naira covers business sections for VMR News. She is a traveller by heart and loves writing on food blogs as a freelancer.