Global Sodium Peroxide Market: Overview
Sodium peroxide is also known as the solo zone, disodium peroxide, and sodium dioxide. Its molecular formula is Na2O2. Also, it is yellowish-white in color with solid granular nature. It is an odorless inorganic compound that exists in different forms like hydrates and peroxyhydrate Na2O2·8H2O, Na2O2·2H2O, Na2O2·2H2O2, and Na2O2·2H2O2·4H2O. Sodium peroxide can easily be dissolved in cold water; however, it evolves heat. It is prepared with the help of metallic sodium and oxygen as a raw material. Also, it is an excellent oxidizing agent particularly used in bleaching papers and textiles. Furthermore, sodium peroxide is also widely used to decompose aur and minerals.
Report Scope:
Report Attribute | Details |
---|---|
Base Year | 2020 |
Historic Years | 2016 - 2020 |
Forecast Years | 2021 - 2028 |
Segments Covered | By Product Type, By Application, and By End Use |
Forecast Units | Value (USD Billion), and Volume (Units) |
Quantitative Units | Revenue in USD million/billion and CAGR from 2021 to 2028 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
Number of Companies Covered | 10 companies with scope for including additional 15 companies upon request |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
Customization Scope | Avail customized purchase options to meet your exact research needs. |
Global Sodium Peroxide Market: Growth Factors
The global sodium peroxide market is expected to grow indefinitely in the forthcoming years due to the growing use of sodium peroxide as a laboratory chemical, bleaching agent, and disinfectant for the production of the chemical compound globally. Additionally, it is highly in demand for industrial applications. However, many developments are being made in the global sodium peroxide market in respect of the growing production capability of suppliers of sodium peroxide. Also, vendors are heavily investing in enhancing the production capacity in order to cater to the higher demand from end-user sectors. The growing popularity of scuba gear and submarines is the highly enticing huge customer base. Consequently, the demand for sodium peroxide is multiplied indefinitely due to the essential function of sodium peroxide in producing sodium carbonate and oxygen. Furthermore, it is adopted as a reagent for quantitative analysis of different compounds, including chromium, sulfur, and arsenic laboratories. It is a popular solid base used to remove minerals from ores and also in lightweight structural parts in the aerospace sector. The outbreak of the Covid-19 pandemic globally significantly impacted the global sodium peroxide market, but the market is likely to see strong growth prospects in the forthcoming years due to the relaxations in lockdowns restrictions globally. Also, the growing initiatives undertaken by leading players in the market to strengthen the growth of the market in the forthcoming years will also contribute exponentially towards the development of the market. In the aviation sector, it is used to manufacture lightweight structural segments. The growing research in development activities is likely to bring innovative solutions to the market.
Global Sodium Peroxide Market: Segmentation
The global sodium peroxide market can be segmented into application, product, grade, end-users, and region.
By application, the market can be segmented into oxidants, disinfectants, bleach, fungicides, and others.
By product type, the market can be segmented into experimental class and industrial grade.
By end-user, the market can be segmented into the defense sector, aerospace, food, chemical laboratory, mining, paper & pulp, and textile sectors. The paper & pulp sector accounts for the largest share in the global sodium peroxide market due to the growing use of sodium peroxide to produce wood pulp by digesting wood.
By grade, the market can be segmented into analytical, reagent, and industrial grade.
Global Sodium Peroxide Market: Regional analysis
North America accounts for the largest share in the global sodium peroxide market due to the presence of well-established paper and pulp manufacturers in the region. Also, the ongoing research and development activities in the region will further strengthen the growth of the regional market in the forthcoming period.
Asia Pacific is another leading region in the global sodium peroxide market due to the fast proliferating textile sector in the region. Growing economies like China and India are among the top textile manufacturing countries, thereby making the region a favorable destination for sodium peroxide manufacturers.
Global Sodium Peroxide Market: Competitive Players
Some of the significant players in the global sodium peroxide market include Tianjin Kemiou Chemical Reagent Co., Ltd., Solvay S.A, Beijing Universal Century Technology Co., Ltd, Beijing Huawei Ruike Chemical Company Limited, and Alpha Aesar.
Global Sodium Peroxide Market: Regional Segment Analysis
What Reports Provides
Request the coronavirus impact analysis across industries and markets
The global sodium peroxide market is expected to grow indefinitely in the forthcoming years due to the growing use of sodium peroxide as a laboratory chemical, bleaching agent, and disinfectant for the production of the chemical compound globally. Additionally, it is highly in demand for industrial applications. However, many developments are being made in the global sodium peroxide market in respect of the growing production capability of suppliers of sodium peroxide.
Some of the significant players in the global sodium peroxide market include Tianjin Kemiou Chemical Reagent Co., Ltd., Solvay S.A, Beijing Universal Century Technology Co., Ltd, Beijing Huawei Ruike Chemical Company Limited, and Alpha Aesar.
Zion Market Research
Tel: +1 (844) 845-5245
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No 020-46277770
US OFFICE NO +1 (844) 845-5245
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed