Market Overview:
The global sodium ferrocyanide market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. Sodium ferrocyanide is used as a pigment preparation, industrial raw material, biopharmaceutical and others. The pigment preparation segment accounted for the largest share of the global sodium ferrocyanide market in 2017 and is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030.
Product Definition:
A salt of ferrocyanide anion and sodium cation. It is a white, water-soluble powder that is used as a food additive to stabilize color and prevent the formation of crystals.
First Class:
First Class is the highest class of airmail service. It has been used since 1891 and was originated by The United States Post Office Department. Initially, it was only available in U.S., but now many countries have adopted it as well making it the most widely used international delivery system.
It's primary characteristic is to ensure that a letter or parcel will reach its destination on time, and also at the same undamaged condition as received.
Second Class:
Second class is the raw material used in the production of sodium ferrocyanides. It is a granular solid and has a purity level of 99%. Second-class can be further processed to produce other chemicals such as Prills, Flakes, Pods, and Powder.
Application Insights:
Pigment preparation was the largest application segment in 2017 and is expected to witness a CAGR of XX% from 2018 to 2030. The product is widely used for manufacturing dyes, which are used in various industries including paper, textiles, paints and plastics on account of their high color strength and stability over time.
The industrial raw materials segment accounted for a market share of 22% in terms of revenue in 2017 due to the growing demand from various end-use industries such as pharmaceuticals, biotechnology & diagnostics laboratories and food additives manufacturers across the globe.
Regional Analysis:
Asia Pacific sodium ferrocyanidesodium market is expected to grow at the fastest CAGR of XX% from 2018 to 2030 owing to increasing product demand in various end-use industries, such as paints & coatings, pharmaceuticals and others. The presence of a large number of manufacturers coupled with growing production capacity in this region will drive the growth further.
The growth can be attributed to rising investments by multinational companies for expanding their businesses in emerging economies like China and India due to low manufacturing costs along with easy availability of skilled labor and raw materials at cheaper prices are some other factors driving industry expansion over the forecast period.
Growth Factors:
- Increasing demand from the textile industry for dyeing and printing fabrics
- Growing application of sodium ferrocyanide in water treatment to remove heavy metals and other pollutants
- Rising demand for food additives, especially in developing countries
- Increasing use of sodium ferrocyanide as a precursor in the production of other chemicals such as cyanuric acid and isocyanates
- Growing popularity of nanotechnology-based products that contain sodium ferrocyanide
Scope Of The Report
Report Attributes
Report Details
Report Title
Sodium Ferrocyanidesodium Market Research Report
By Type
First Class, Second Class
By Application
Pigment Preparation, Industrial Raw Materials, Biopharmaceutical, Others
By Companies
Showa Denko Group, Dojindo, Junsei Chemical Co., Ltd., Medical Isotopes, Inc., Emco Dyestuff Pvt Ltd, BASF, Tokyo Chemical Industry, FutureFuel Chemical Company, ABCR GmbH, Biosynth, CM Fine Chemicals, Santa Cruz Biotechnology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Sodium Ferrocyanidesodium Market Report Segments:
The global Sodium Ferrocyanidesodium market is segmented on the basis of:
Types
First Class, Second Class
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pigment Preparation, Industrial Raw Materials, Biopharmaceutical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Showa Denko Group
- Dojindo
- Junsei Chemical Co., Ltd.
- Medical Isotopes, Inc.
- Emco Dyestuff Pvt Ltd
- BASF
- Tokyo Chemical Industry
- FutureFuel Chemical Company
- ABCR GmbH
- Biosynth
- CM Fine Chemicals
- Santa Cruz Biotechnology
Highlights of The Sodium Ferrocyanidesodium Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- First Class
- Second Class
- By Application:
- Pigment Preparation
- Industrial Raw Materials
- Biopharmaceutical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Sodium Ferrocyanidesodium Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Sodium ferrocyanidesodium is a salt made of the metal sodium and the cyanide ion. It is used as a food additive to improve color and flavor in foods.
Some of the major companies in the sodium ferrocyanidesodium market are Showa Denko Group, Dojindo, Junsei Chemical Co., Ltd., Medical Isotopes, Inc., Emco Dyestuff Pvt Ltd, BASF, Tokyo Chemical Industry, FutureFuel Chemical Company, ABCR GmbH, Biosynth, CM Fine Chemicals, Santa Cruz Biotechnology.
The sodium ferrocyanidesodium market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sodium Ferrocyanidesodium Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Sodium Ferrocyanidesodium Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sodium Ferrocyanidesodium Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Sodium Ferrocyanidesodium Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Sodium Ferrocyanidesodium Market Size & Forecast, 2020-2028
4.5.1 Sodium Ferrocyanidesodium Market Size and Y-o-Y Growth
4.5.2 Sodium Ferrocyanidesodium Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 First Class
5.2.2 Second Class
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pigment Preparation
6.2.2 Industrial Raw Materials
6.2.3 Biopharmaceutical
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sodium Ferrocyanidesodium Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Sodium Ferrocyanidesodium Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 First Class
9.6.2 Second Class
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pigment Preparation
9.10.2 Industrial Raw Materials
9.10.3 Biopharmaceutical
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 First Class
10.6.2 Second Class
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pigment Preparation
10.10.2 Industrial Raw Materials
10.10.3 Biopharmaceutical
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 First Class
11.6.2 Second Class
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pigment Preparation
11.10.2 Industrial Raw Materials
11.10.3 Biopharmaceutical
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 First Class
12.6.2 Second Class
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pigment Preparation
12.10.2 Industrial Raw Materials
12.10.3 Biopharmaceutical
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 First Class
13.6.2 Second Class
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pigment Preparation
13.10.2 Industrial Raw Materials
13.10.3 Biopharmaceutical
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Sodium Ferrocyanidesodium Market: Competitive Dashboard
14.2 Global Sodium Ferrocyanidesodium Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Showa Denko Group
14.3.2 Dojindo
14.3.3 Junsei Chemical Co., Ltd.
14.3.4 Medical Isotopes, Inc.
14.3.5 Emco Dyestuff Pvt Ltd
14.3.6 BASF
14.3.7 Tokyo Chemical Industry
14.3.8 FutureFuel Chemical Company
14.3.9 ABCR GmbH
14.3.10 Biosynth
14.3.11 CM Fine Chemicals
14.3.12 Santa Cruz Biotechnology
