Market Research Blog

  Competitive Analysis FRP Services & Company, TGV Group, The Good Scents Company, MSSA, Evonik Industries AG, Fenix Process Technologies Pvt Ltd, Brenntag NV, BASF SE, Supra Group of Companies, Inner Mongolia Lantai Industrial Co., Ltd, Desatec, Alfa Aesar, Gelest, Inc., and American Elements are major players of the global sodium methylate market. Market Overview Global Sodium Methylate Market, according to MRFR, was valued at USD 354.7 Million in 2018 and is slated to grow at a CAGR of around 4% during the forecast period.  Analytical Segmentation Over the forecast period, demand for the liquid segment is expected to grow faster than demand for the solid segment in the type segment. Due to the increased usage of liquid in the manufacturing of biodiesel, the liquid segment is likely to develop significantly. The pharmaceuticals segment had the greatest market share of over 35% in 2018 and is expected to grow at a substantial rate over the forecast period. Vitamin A, Vitamin B, Su

  Market Overview Global Sodium Methylate Market, according to MRFR, was valued at USD 354.7 Million in 2018 and is slated to grow at a CAGR of around 4% during the forecast period.  Market Dynamics The growing usage of sodium methylates in biodiesel processing for the automobile industry and many other industries is a major driver of global sodium methylate demand. Furthermore, the widespread usage of sodium methylate in the pharmaceutical business is predicted to fuel global demand growth, as well as the worldwide pharmaceutical industry's healthy expansion. Furthermore, the need to reduce carbon emissions in the automotive industry, the Paris climate change targets and public awareness of global warming are all driving biofuel demand. Indeed, the expanding market for biodiesel, combined with government attempts in several nations to blend it, has increased biodiesel production possibilities. The ability to produce biodiesel has increased, which has resulted in a growth in sodi