Global Sodium Hypophosphite Market report endows with a profound overview of product specification, product type, production analysis, and technology by taking into consideration the major factors such as revenue, cost, and gross margin. According to this business document, key players are taking actions such as developments, product launches, acquisitions, mergers, joint ventures and competitive analysis in the industry. What is more, Sodium Hypophosphite market research report analyses and provides the historic data along with the current performance of the market.
Some are the key & emerging players that are part of coverage and were profiled in current version are Arkema Group, Changshu New-Tech Chemicals Co., Ltd., Huanggang Quanwang Chemical Co., Ltd., Hubei Sky Lake Chemical Co., Ltd., Hubei Xingfa Chemicals Group Co., Ltd., Jiangsu Danai Chemical Co., Ltd., Jiangsu Kangxiang Industrial Group Co., Ltd., Jiangxi Fuerxin Medicine Chemical Co., Ltd., Nippon Chemical Industrial CO., LTD., Merck KGaA, Solvay, Febex SA among others.
Worldwide Sodium Hypophosphite Industry 2019 Market Research Report is spread crosswise over 129 pages and gives restrictive essential insights, information, data, patterns and aggressive scene points of interest in this specialty division.
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An introduction of Sodium Hypophosphite Market 2020
Global sodium hypophosphite market is expected to register a substantial CAGR of 5.02% in the forecast period of 2019-2026. Expansion of the electronics and automotive sectors is the major factor for the growth of the market. The upcoming market report contains data for historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.
Sodium hypophosphite is also known as sodium salt, phosphinic acid, monohydrate. It’s chemical formula is NaH2PO2.H2O and molecular weight is 105.99. It is available in white, odorless, deliquescent granular powder having saline taste. It is also prepared as colorless and white crystalline plates. The sodium hypophosphite is soluble in alcohol, water and glycerol. It is synthesized by using neutralization of hypophosphorous acid and by direct aqueous alkaline hydrolysis of white phosphorus. The sodium hypophosphite acts as reducing agents.
Crucial Market Segment details-:
- By Function (Catalysts & Stabilizers, Reducing Agents, Chemical Intermediates),
- Application (Water Treatment, Electroplating, Chemicals & Pharmaceuticals), Grade (Electrical, Industrial),
- Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
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- Expansion of the electronics and automotive sectors will act as driving force for market
- Growing demand for water treatment in industrial applications is driving the growth of market
- Significant growth of chemical and polymer & plastic industry across the globe will also fuel the market growth
- Increasing use of sodium hypophosphite as reducing agent in electroplating of non-metallic materials such as plastics, glass, ceramics, and quartz acts as a market driver
- Rise in the price of phosphorous rocks owing to scarcity in supply will restrict the growth of the market
- Stringent government regulations over the manufacturing industry is another factor which can hinder this market growth
What are the Recent Development of the Market?
In November 2019, LLC “Kazphosphate” which is a significant producer of phosphorus products in Kazakhstan had improved manufacturing of phosphorus potassium fertilizers up to 20,000 tons. With this increment the company aims to reach planned volume production by the year 2020
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Strategic Points Covered in Table of Content of Sodium Hypophosphite Market:
Chapter 1: Introduction, Definition, Specifications, Classification and Scope the Sodium Hypophosphite market 2019
Chapter 2: Exclusive Summery like Industry chain structure, Manufacturer cost structure, suppliers, etc
Chapter 3: Displays Trends, Drivers and Challenges of the Sodium Hypophosphite market
Chapter 4: By the study of SWOT analysis it displays sales analysis, investment analysis, market analysis, etc
Chapter 5: It evaluates the market by segments, by countries and by manufacturers with revenue, share and sales by key countries in these various regions.
Chapter 6: Evaluate the leading manufacturers of the Global Sodium Hypophosphite market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: Sodium Hypophosphite Research Findings and Conclusion, Appendix, system and information source
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