Global Sodium Metal Market Overview:
Sodium metal is a soft silvery compound belong to the alkali family reference to the periodic table. It is highly reactive and explosive in nature. It requires high precautions in handling and storage. Sodium metal has various applications in chemical industries to the nuclear industry. Highly demanded in manufacturing industries of sodium peroxide, sodium cyanide, and sodamide. Sodium metal also used as a coolant in some nuclear reactions Some of the key players profiled in the study are Inner Mongolia Lan Tai Industrial Co. Ltd (China), Wanji Holdings Group Limited Ltd (China), MSSA S.A.S (France), Shangdong Moris Tech Co. Ltd (China), American Elements (United States), The Chemours Company (United States), China National Salt Industry Corporation (China), Goodfellow (England), Chem-Supply (Australia), Asahi Kasei Corporation (Japan) and DuPont (United States).
On the basis of geography, the market of Sodium Metal has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
- Growing Alloy Industries
- High Demand For Manufacturing Sodium Peroxide, Sodium Cyanide, Sodamide
- Highly Demanded In Clothing And Textile Industries For Denim
- Highly Used In Biodiesel
- Alternative Such As Magnesium Are Available
- Difficulties In Handling And Storage
- Growing Dye Industries
- Increasing Demand In Aerospace Sector
- Highly Explosive Metal
- Difficult To Use In Room Temperature
Major Market Developments:
In December 2019 DuPont announced it has signed agreement to acquire Desalitech Ltd a closed circuit reverse osmosis (CCRO) company. The transactions are expected to close in January 2020, subject to customary closing conditions and regularly approvals financials terms of the agreement were not closed. This acquisition in the high-growth water purification space reinforces the strategic intent to provide a robust portfolio of technologies of current and future challenges while advancing our corporate commitment to sustainability
In April 2018 American elements announced the expansion of its bulk lithium metal production facilities to meet the growing demand for lightweight aluminum –lithium alloys in aerospace manufacturing. New capacity is the second phase of a lithium production expansion that began with the lithium compound and alloy expansion announced on February 28. The focus of production includes high purity alloy grade lithium metal ingot and billet for high strength, low-density structural sheet metals
The Toxic Substance Control Act (TSCA) by the United States Environmental protection Agency (EPA) regulates the introduction of new or already existing chemicals. The regulations address the manufacturing, distribution, use and disposal of commercial and industrial chemicals.
Sodium metal is one of the essential compounds in chemical industries in alloy manufacturing and different chemical productions. Due to limited players in the market who have large manufacturing of sodium metal, there is not a tough competition but alternatives such as magnesium metal taking place of sodium metal are the competition to sodium metal more than to industries. Therefore there is the normal competition between leading companies who manufacture the sodium metal.
Raw Material Suppliers, Industry Association, Downstream Vendors, Traders, Distributors, and Suppliers, Research Organizations, Investment Research Firms and Educational sectors
Major Objectives Focused through this Study
To define, describe, and forecast the Global Sodium Metal market on the basis of product [Sodium chloride, Sodium carbonate and Sodium Sulfate] , application [Dye Industry, Nuclear Industry, Alloying Industry and Laboratory], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Sodium Metal market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Sodium Metal industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Sodium Metal market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.