Thursday, 10 November 2016

Sodium Borohydride Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024

Sodium borohydride is a crystalline powder decomposed by water to form sodium hydroxide and hydrogen, which consist of corrosive material and flammable gas. Its common referred names are sodium tetrahydridoborate and sodium tetrahydroborate. It is synthesized by reacting methyl borate with sodium hydride in mineral oil. It is white to grayish in color and is safe for storage and handling, which is one of the major concern issues currently.

The sodium borohydride market has been segmented by application, end-user, and region. Based on application, the market has been segmented into waste water treatment, chemical reducing agent, paper and tissue, and others. Based on end-user, the market has been segmented into pharmaceuticals, agrochemicals, intermediates and fine chemicals, electronic products, and others. The crystalline powder is mostly consumed in pharmaceuticals and agrochemicals industries. These two fields accounted for the majority of the total consumption volume in 2015. Other fields, such as intermediates and fine chemicals, electronic products, and others, consumed small volumes among other end-users. The size of the pharmaceutical market has expanded as sodium borohydride is used as the reducing agent of antibiotics such as macrolides and fluoroquinolones. Increase in the consumption of sodium borohydride in the pharmaceutical industry is anticipated in the forecast period.

Get PDF Brochure for more Professional and Technical insights : http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=16685

Sodium borohydride is primarily used to produce hydrogen fuel cells and liquid crystals in the electronics industry. The industry is estimated to grow over the forecast period. The consumption volume in this industry is increasing simultaneously. The present market of sodium borohydride in the electronics industry currently is small but the growth rate of its consumption is anticipated to be high in the distant future.

The usage of sodium borohydride as a reducing agent for both chemoselectivity and diastereoselectivity owing to its ready availability of metal hydride commercially, less expensive, ease of work, and distinct and versatile characteristics is expected to boost the sodium borohydride market.

Based on region, the market has been segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Asia Pacific is one of the leaders in the production of sodium borohydride globally. China is the key market in the region, facing overcapacity. The capacity has declined in 2015 as compared with that in 2014 but still the product is surplus as compare to demand in 2015. The demand for sodium borohydride is affected by consumption volume of antibiotics (pharmaceutical), which is beating other applications of sodium borohydride. Before 2011, the consumption of antibiotics in China led to misuse due to lack of supervision. The administrative measures for the clinical use of antibacterial drugs issued by the Ministry of Health of the People's Republic of China and regulations on health insurance increased the consumption of antibiotics as well as the consumption of sodium borohydride. Though, relying on the large population and undeveloped health care level increases consumption of antibiotics, which let to rise in economic value. The demand of sodium borohydride is expected to be supported by the rigid and stable demand.

Major players in the global sodium borohydride market are The Dow Chemical Company, Vertellus Specialities - Smart Chemistry, Kemira chemical industry company, Shandong Guobang Pharmaceutical Industry Company Limited, Nantong Hongzhi Chemicals Co., Ltd., Zhangjiagang Jinyuan Biochemical Co., Ltd., Jiangsu Huachang Chemical Co., Ltd., Qingdao KYX Chemical Co., Ltd., Anhui Jin'ao Chemical Co., Ltd., Shanghai Shenyu Pharmaceutical & Chemical Co., Ltd., Guangxi Guilin Pharmaceutical Co., Ltd., and others.

Browse Market Research Report with ToC & Free Analysis : http://www.transparencymarketresearch.com/sodium-borohydride-market.html

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:
  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis
About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

No comments:

Post a Comment