Sodium Methylate Market Size Analysis, Growth by Top Companies, Trends by Types and Application, Forecast Analysis2017 – 2025

Global Sodium Methylate Market: Introduction

Sodium methylate, also known as sodium methoxide (molecular formula CH3ONa), can be produced by an exothermic reaction between elemental sodium and methanol. Sodium methylate is a white to pale yellow color, odorless solid, obtained in powder form. It is a flammable compound, but not explosive, and it can be decomposed when exposed to high heat. Commercially, sodium methylate is available either in solid or liquid form. Generally, sodium methylate is sold as a 25% to 30% solution in methanol for various applications, such as the production of vitamin A1, B1, trimethoprim, sulfadiazine, and analytical agents, among others. It is also widely used as a catalyst in biodiesel production. Sodium methylate can easily react with oxygen. Hence, it is necessary to avoid the contact of sodium methylate with moisture or water, and air at high temperatures (above 1260C) to avoid its decomposition into sodium hydroxide and methanol. Sodium methylate is highly soluble in alcohols, such as methanol and ethanol, whereas it is insoluble in toluene and benzene. Sodium methylate finds various applications as a catalyst, especially in biodiesel production. 

 Global Sodium Methylate Market: Dynamics

The global sodium methylate market is mainly driven by the increasing demand from various applications, especially in pharmaceutical and agriculture industries, and in the organic synthesis of various products. Rising demand for sodium methylate as a catalyst in applications, such as edible oil processing, grease, and synthetic detergents is further expected to drive growth of the market during the same period. Moreover, sodium methylate market is expected to be driven by anticipated steady growth in biodiesel production where it finds application as a catalyst. Growing demand for biodiesel, coupled with government initiatives in various countries over its blending has in turn resulted in an increase in biodiesel production capacity. This increase in production capacity of biodiesel has led to an increase in the demand for sodium methylate. Besides this, the presence of mercury in sodium methylate solution during its manufacturing leads to contamination of the product and has an effect on the catalytic activity of sodium methylate. Thus, the development of alternative methods with other raw materials in order to avoid mercury presence will help in growth of the global sodium methylate market.  

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Global Sodium Methylate Market: Segmentation

On the basis of type, the global sodium methylate market is segmented into: Solid Liquid (Solution)

On the basis of application, the global sodium methylate market is segmented into: Pharmaceutical Agrochemicals Plastics and Polymers Personal Care Analytical Reagent Biodiesel Others (paint and varnish, etc.)

Global Sodium Methylate Market: Regional Outlook

Geographically, the Asia Pacific (APAC) region dominates the global sodium methylate market. In APAC, China dominates the sodium methylate market with a relatively higher share in both, production and consumption, followed by India and Japan. Growing demand from pharmaceuticals and chemical industries, among others in APAC is expected to help propel the demand for sodium methylate over the forecast period. It is expected that APAC will register a healthy CAGR over the forecast period. North America, followed by Europe is a large market for sodium methylate in terms of consumption. Rising capacity of biodiesel production in the U.S., Germany, the U.K., etc. has resulted in an increase in the demand for sodium methylate in Europe and North America. Furthermore, in Europe, government initiatives to encourage the use of biofuel and reach a 10% mark in terms of consumption in the transportation sector is expected to boost the demand for sodium methylate over the forecast period. North America and Europe are expected to register significant growth over the same time frame. Latin America and the Middle East & Africa region are expected to register slow growth during the forecast period.  

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Global Sodium Methylate Market: Market Participants

Examples of some of the market participants in the global sodium methylate market, identified across the value chain are BASF SE, Evonik Industries, E. I. du Pont de Nemours and Company, Anhui Jinbang Medicine Chemical Co. Ltd., Zibo Xusheng Chemical Co. Ltd., Dezhou Longteng Chemical Co. Ltd., and Inner Mongolia Lantai Industrial Co. Ltd, among others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on: Market Segments Market Dynamics Market Size Supply & Demand Current Trends/Issues/Challenges Competition & Companies involved Technology Value Chain

Regional analysis includes: North America (U.S., Canada) Latin America (Mexico. Brazil) Western Europe (Germany, Italy, France, U.K, Spain) Eastern Europe (Poland, Russia) Asia Pacific (China, India, ASEAN, Australia & New Zealand) Japan Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights: Detailed overview of parent market Changing market dynamics in the industry In-depth market segmentation Historical, current, and projected market size in terms of volume and value Recent industry trends and developments Competitive landscape Strategies of key players and products offered Potential and niche segments, geographical regions exhibiting promising growth A neutral perspective on market performance Must-have information for market players to sustain and enhance their market footprint 

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