|2020-01-21 来源： 中国石化新闻网|
中国石化新闻网讯 据MENAFN通讯社1月20日消息称，根据Fior Markets发布的报告，到2026年，全球甲醇钠市场预计将从2018年的1.8246亿美元增长至2.3767亿美元，在2019-2026年期间的CAGR为3.4%。
曹海斌 摘译自 MENAFN
Global Sodium Methylate Market is Expected to Reach to USD 237.67 Million by 2026
As per the report published by Fior Markets, the global sodium methylate market is expected to grow from USD 182.46 Million in 2018 to USD 237.67 Million by 2026 at a CAGR of 3.4% during the forecast period 2019-2026.
Sodium methylate is defined as a white to pale yellow color, odorless solid, obtained in powder form and it is a flammable compound, but not explosive, and can be decomposed when exposed to high heat. It is a versatile chemical reagent that is heavily used in various industries to manufacture high-value end products like pharmaceuticals, food ingredients, pigments, and crop-protecting agents. It also acts as the catalyst of choice for most biodiesel producers. Sodium methylate, also known as sodium methoxide (molecular formula CH3ONa), can be manufactured by an exothermic reaction between elemental sodium and methanol. Sodium methylate.
Rising demand for sodium methylate as a catalyst in applications, like edible oil processing, grease, and synthetic detergents has stimulated the growth. Also, growing adoption of the chemical in the pharmaceutical industry to produce vitamins, Sulfadoxine, Sulfadiazine, Trimethoprim, etc is also propelling the growth of the market. But high cost of materials used in the production of sodium methylate may pose a major threat to the product. However, increase in demand for biodiesel supported by positive government initiatives in many countries is likely to spur the market growth in the coming years.
Asia Pacific region dominated the global sodium methylate market with USD 77.54 Million in 2018 where as the North America region is a growing rapidly in the market. Asia Pacific is dominating the market rapidly on account of the growing demand for chemicals in industries such as automotive, paints & coatings, and building & construction which is likely to boost the growth of the sodium methylate market in the region. North America region is anticipated to grow owing to the increasing use of sodium methylate in the pharmaceuticals industry. Additionally, the rising preference for biodiesel in the transportation sector on account of increasing environmental regulations to curb CO2 emissions is likely to propel the regional market growth.