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Sodium Methoxide Market Report and Forecast 2023-2028

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    Report

  • 172 Pages
  • October 2023
  • Region: Global
  • Expert Market Research
  • ID: 5898052
According to the report, the global sodium methoxide market reached a value of USD 2.68 billion in 2022. Aided by the growing demand in the biodiesel industry and its multifaceted applications across a myriad of sectors, the market is projected to further grow at a CAGR of 3.5% between 2023 and 2028.

Sodium methoxide, recognised chemically as sodium methanolate, is a robust base frequently used as a catalyst in the production of biodiesel. Appearing as a white, hygroscopic crystalline powder, this compound serves as a pivotal reagent in the transesterification process to manufacture biodiesel from triglycerides. Apart from this crucial application, sodium methoxide finds its utility in various chemical syntheses, predominantly due to its capacity to act as a strong base and nucleophile.

A primary force steering the sodium methoxide market growth trajectory is the burgeoning biodiesel industry. The escalating global concerns about depleting fossil fuel reserves, coupled with the detrimental environmental repercussions of conventional fuels, have kindled a shift towards sustainable and eco-friendly alternatives like biodiesel. Sodium methoxide, being an indispensable catalyst in biodiesel production, thus witnesses spiralling demand, bolstering the market's expansion.

As per the sodium methoxide market analysis, sodium methoxide has etched a significant mark in the pharmaceutical sector. Esteemed for its attributes as a base, it plays a cardinal role in certain organic syntheses integral to drug development. The thriving pharmaceutical industry, propelled by incessant research and the constant quest for novel drugs, inherently contributes to the growing demand for sodium methoxide.

Another noteworthy factor augmenting the global sodium methoxide market demand is the compound's application in the agrochemical sector. Serving as a key reagent in the synthesis of several herbicides and pesticides, the compound's demand is indirectly influenced by the global agricultural trends emphasizing higher crop yields and effective pest management. As the global populace burgeons, the pressure on the agricultural sector intensifies, inherently emphasizing the relevance of sodium methoxide in agrochemical formulations.

The ascendancy of green chemistry and the increasing trend of leveraging sustainable raw materials in chemical processes further amplify the prospects for the sodium methoxide market. As industries pivot towards eco-compatible processes, the role of sodium methoxide as a green reagent, especially in biodiesel production, gets accentuated, opening new avenues for market expansion.

Market Segmentation

The market can be divided based on form, application, and region.

Market Breakup by Form

  • Solid
  • Liquid

Market Breakup by Application

  • Pharmaceuticals
  • Agrochemicals
  • Plastic and Polymers
  • Personal Care
  • Analytical Reagent
  • Biodiesel
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global sodium methoxide market.

Some of the major players explored in the report are as follows:

  • BASF SE
  • Evonik Industries AG
  • Anhui Jinbang Medicine Chemical Co., Ltd
  • Allegro Specialty Chemicals Pvt Ltd
  • Inner Mongolia Lantai Industrial Co. Ltd
  • Kimia Pars Co.
  • Others

About the Analyst

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

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The analyst always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Sodium Methoxide Market Analysis
8.1 Key Industry Highlights
8.2 Global Sodium Methoxide Historical Market (2018-2022)
8.3 Global Sodium Methoxide Market Forecast (2023-2028)
8.4 Global Sodium Methoxide Market by Form
8.4.1 Solid
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Liquid
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.5 Global Sodium Methoxide Market by Application
8.5.1 Pharmaceuticals
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Agrochemicals
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Plastic and Polymers
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Personal Care
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.5.5 Analytical Reagent
8.5.5.1 Historical Trend (2018-2022)
8.5.5.2 Forecast Trend (2023-2028)
8.5.6 Biodiesel
8.5.6.1 Historical Trend (2018-2022)
8.5.6.2 Forecast Trend (2023-2028)
8.5.7 Others
8.6 Global Sodium Methoxide Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2022)
8.6.5.2 Forecast Trend (2023-2028)
9 North America Sodium Methoxide Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Sodium Methoxide Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Sodium Methoxide Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Sodium Methoxide Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Sodium Methoxide Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2022) & Forecast (2023-2028)
16.2 Europe Historical Price Trends (2018-2022) & Forecast (2023-2028)
16.3 Asia Pacific Historical Price Trends (2018-2022) & Forecast (2023-2028)
16.4 Latin America Historical Price Trends (2018-2022) & Forecast (2023-2028)
16.5 Middle East & Africa Historical Price Trends (2018-2022) & Forecast (2023-2028)
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 BASF SE
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Evonik Industries AG
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Anhui Jinbang Medicine Chemical Co., Ltd
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Allegro Specialty Chemicals Pvt Ltd
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Inner Mongolia Lantai Industrial Co. Ltd
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Kimia Pars Co.
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Others
18 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operations Involved
2 Project Requirements and Cost Analysis
2.1 Land, Location, and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investments
List of Key Figures and Tables
1. Global Sodium Methoxide Market: Key Industry Highlights, 2018 and 2028
2. Global Sodium Methoxide Historical Market: Breakup by Type (USD Billion), 2018-2022
3. Global Sodium Methoxide Market Forecast: Breakup by Type (USD Billion), 2023-2028
4. Global Sodium Methoxide Historical Market: Breakup by Application (USD Billion), 2018-2022
5. Global Sodium Methoxide Market Forecast: Breakup by Application (USD Billion), 2023-2028
6. Global Sodium Methoxide Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Sodium Methoxide Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Sodium Methoxide Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Sodium Methoxide Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Sodium Methoxide Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Sodium Methoxide Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Sodium Methoxide Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Sodium Methoxide Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Sodium Methoxide Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Sodium Methoxide Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Sodium Methoxide Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Sodium Methoxide Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. North America Historical Price Trends and Forecast 2018-2028
19. Europe Historical Price Trends and Forecast 2018-2028
20. Asia Pacific Historical Price Trends and Forecast 2018-2028
21. Latin America Historical Price Trends and Forecast 2018-2028
22. Middle East and Africa Historical Price Trends and Forecast 2018-2028
23. Global Sodium Methoxide Market Structure

Companies Mentioned

  • BASF SE
  • Evonik Industries AG
  • Anhui Jinbang Medicine Chemical Co. Ltd
  • Allegro Specialty Chemicals Pvt Ltd
  • Inner Mongolia Lantai Industrial Co. Ltd
  • Kimia Pars Co.

Methodology

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Table Information