The global Sodium Borohydride market was valued at 454.43 Million USD in 2021 and will grow with a CAGR of 6.63% from 2021 to 2027, based on newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Sodium Borohydride, also known as sodium tetrahydridoborate, is a white solid, usually encountered as a powder, widely used as a reducing agent in various industries like pharmaceuticals, pulp & paper, metal recovery, textiles, organic chemical purification and others.In terms of product classification, Sodium Borohydride can be generally divided into powder type, solution type, granular type and pellet type. In 2019, powder type accounted for the largest proportion of market share in the U.S. market, about 41%. In terms of product application, Sodium Borohydride is mainly used in pulp and paper, pharmaceuticals, metal reduction, fuel cell and others. In 2019, the pulp and paper industry accounted for the largest global market share, about 46%.
By Market Verdors:
Pulp & Paper
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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