Global
& US Sodium Tungstate Market:
Overview
Sodium
Tungstate, with the formula Na2WO4 is an inorganic compound. It is the sodium
salt of tungstic acid, which is colorless or white color crystalline powder and
water-soluble solid. Sodium Tungstate acts as analytical reagent, catalyst,
fire proofing agent. Sodium tungstate can be used in manufacturing various
chemical elements such as tungsten salts, metal tungasten, tungsten acid, dyes.
It is a medium that helps in conversion of tungsten ores to the metal.
Global
& US Sodium Tungstate: Market Influencer
Globally,
Sodium Tungstate market is growing rapidly due to its multiple applications and
uses in wide range of industries. Mainly sodium tungstate deals with industries
that are involved in chemicals. As per studies the market for chemical products
is expected to grow of about 5.6 trillion euros by 2035 resulting there is huge
stability for chemical industries. As there is high growing rate for chemical
industries in the world simultaneously there is growth in Sodium tungstate
market.
Global
& US Sodium Tungstate Market:
Applications
Sodium
Tungstate is an inorganic compound that is applicable in multiple fields such
as chemical industries, medical, metal industries, glass industry, and textile
industry and many others.
In
medicinal field, it is applied for treating as an anti-diabetic and
anti-obesity agent. When administered orally sodium tungstate acts as an
effective antidiabetic agent. Sodium tungstate have dual effects of on
adipocyte biology i.e. stimulation of cellular oxygen consumption and
inhibition of adipogenesis.
Sodium
Tungstate are used in manufacturing various types of heteropoly acid color
lakes that are used in printing inks, plants, waxes, glasses, and textiles.
Global
& US Sodium Tungstate: Market Segmentation
The
Sodium tungstate market is divided into following segments
Segmentation
by Application
- Anti-diabetic
Agent
- Anti-obesity
agent
- Catalyst
- Permanent
chemical modifier
Segmentation
by Channel Participants
- Research
laboratories
- Textile
industry
- Chemical
industry
- Metal
industry
- Glass
industry
- Medical
industry
- Others
Global
& US Sodium Tungstate: Regional Market Information
North
America
Globally,
North America is leading market for Sodium Tungstate. This is mainly because of
the growth rate of large and diverse manufacturing industry trends to track the
GDP. US is the one of the raising market for overall chemical industry.
According to the study it is expected that for the next 10 years U.S. would
represents of about 80% chemical market in North America. And U.S. will be the
largest chemical exporters in North America. The trend of re-industrialization
is one of the factors for the growth of Sodium tungstate market.
Europe
Europe
region is also showing high growth in Sodium tungstate market. Germany and
Italy are top two countries for chemical industry. The main reason for the
growth of Sodium tungstate market in Europe is the high productivity and
innovation towards the chemical industries. The growth and development of large
scale industry and small scale industry has huge impact on market for sodium
tungstate.
Global
& US Sodium Tungstate Market: Key Players
Some
of the prominent key players in the global & US Sodium Tungstate market are
as Kat-Chem Ltd, Ganzhou Grand Sea W& Mo Group Co., Ltd, Yuanhang Tungsten,
HCstarck, Taizhou BangDe, Ningxiang Changyi etc.
Market
Research Future introduces
about 2016 Sodium Tungstate Market during the forecast period
2016-2027 which mainly includes the growth drivers, trends and restraints and
how the market will grow in the future across the globe. In this report, Market
Research Future has focused on the current market scenario which
includes market segmentation, market dynamics, and competitive landscape along
with company profiles.
The
reports also covers brief analysis of Geographical Region includes:
Americas
-
North America (US, Canada)
-
Latin America (Argentina, Brazil, Mexico, Rest of LATAM)
Europe
-
Western Europe (Germany, France, Italy, Spain, U.K, Rest of Western Europe)
-
Eastern Europe (Poland, Russia)
Asia
– Pacific
-
Asia (China, India, Japan, South Korea, Rest of Asia)
-
Pacific Countries (Australia, New Zealand)
Middle
East & Africa
-
Middle East (Saudi, Qatar, UAE)
- Rest
of Middle East (Africa, South Africa, Rest of Africa)
Every
report of Market Research Future comprises of extensive
primary research along with the detailed analysis of qualitative as well as
quantitative aspects by various industry experts, key opinion leaders to gain
the deeper insight of the market and industry performance. The report gives the
clear picture of current market scenario which includes historical and
projected market size in terms of value and volume, technological advancement,
macro economical and governing factors in the market. The report also gives a
broad study of the different market segments and regions.
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