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Global Sodium Metal Market to Grow Impressively with a CAGR of 4.4 % for the Forecast Period till 2024

Press release Description

Albany New York, May 12, 2017: Lately, the revenue of the sodium metal market has increased massively due to the rising economy of developing countries and demand for denim cloth, as sodium metal is the main raw materials for manufacturing indigo dyes. With this in mind, a new study has been added to the massive online repository of Market Research Reports Search Engine (MRRSE), with the title “Sodium Metal Market: Global Industry Analysis and Forecast 2016 – 2024’”. This report is presented with the aim of updating companies on the current and important regional market analysis, as well as estimating the profitable future of the global sodium metal market, for the forecast period during 2016 to 2024.

According to this report, the APAC region will depict a robust CAGR of 4.8% in terms of value and 4.1% considering the volume. The synopsis highlights that China is the largest market in the APAC sodium metal market and it values 80% of the continents’ entire value share. Considering the year 2016, the study also reveals that China’s revenue in this market was close to US$ 140 Mn.

Based on this report, the current demand for sodium and the hike in global biodiesel production will help the global sodium metal market with a larger application in the chemical end-use, dyeing and metallurgical industries. The report starts to evaluate the market by presenting a clear introduction of the current business situation, along with examining the market definition. Further, it analyzes the applications such as chemical synthesis, dyes, sodium compounds, as well as chemical intermediates, metal manufacturing and pharmaceuticals. By analyzing the global market size, market volume as well as the pricing analysis, the synopsis helps to ease the selling process immensely.

Another important side of this report is the analysis of the global sodium metal market done by splitting it into five geographic regions such as Asia Pacific, North America, Europe, the Middle East and Africa and Latin America. Each country’s crucial basis points share (BPS), Y-o-Y growth projections, market revenue size and volume forecast are evaluated thoroughly. According to this synopsis, China towers with the largest market in the APAC sodium metal market, alongside it has an 80% worth in the total value share of this region. Interestingly, the study forecasts that the promising APAC region will grow at the highest CAGR of 4.4% in terms of both value and volume. The evaluation highlights the chemical synthesis application segment as the most dominant in the North American market since it encompasses more than 60% value share for the period of this study. Thus, with all the main statistics of the active regions and their market growth furnished in this report, interested investors can practically improve their revenues in this industry.

Browse Full Global Sodium Metal Market Report with TOC :

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