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Sodium Gluconate Market Research Report offered by DecisionDatabases.com provides a detailed study on the industrial development of the market under the forecast period 2019-2025. The Global Sodium Gluconate Industry Report gives an elaborate information about the market size, share and analyzes the complete value chain the report also covers the market dynamics enriching business strategists with quality data about the Sodium Gluconate market.
This study categorizes the global Sodium Gluconate breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Sodium gluconate is a white powder that is very soluble in water. It is widely used in textile dyeing, printing and metal surface water treatment. It is also used as a chelating agent, a steel surface cleaning agent, a cleaning agent for glass bottles, and as a chelating agent for cement, plating and alumina dyeing industries.
China productions of sodium gluconate (SG) have been increasing during the past five years with an average growth rate of 11%. China production of sodium gluconate are expected to be over 100 K MT in 2016. For the product types, Industrial Grade occupies the largest market share (about 91% in 2016). Sodium gluconate is used mainly in the construction industry as a set retarder and concrete plasticiser and in other industries as surface treatment for metals (removal of rust, oxides and fat) and for the cleaning of bottles and industrial equipment. The product can also be used in the food and pharmaceutical industries.
China has been one of the major SG suppliers in the world. The rapid production expansion in the past 10 years greatly boosted China's total SG output. In recent years, several enterprises have swarmed into SG industry. And the production of SG has concentrated in major corn-producing areas. However, the production concentration rate of SG is not high in China. China's SG industry has faced a slowdown and entered an integration phase.
China's SG still depends heavily on demand from the construction industry. The domestic SG consumption in concrete additive greatly increased in 2015. But the growth has slowed down obviously over the recent two years.
After recent years' recession, a sign of recovery appeared in overseas markets in 2016. And overseas markets will play an increasingly important role in China's SG industry.
To sum up, China's SG will be more competitive in the world in the coming years.
Global Sodium Gluconate market size will increase to xx Million US$ by 2025, from xx Million US$ in 2017, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Sodium Gluconate.
This report focuses on the top manufacturers' Sodium Gluconate capacity, production, value, price and market share of Sodium Gluconate in global market. The following manufacturers are covered in this report:
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