Market Overview:
The global industrial grade sodium alginate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for textiles, paper products, and coatings across the globe. In addition, rising awareness about water treatment and other applications of sodium alginate is also propelling the growth of this market. Based on type, the global industrial grade sodium alginate market can be segmented into 99% purity, 99.9% purity, and other types. The 99% purity segment is expected to account for a major share of the global industrial grade sodium alginate market in 2018 owing to its high quality and superior performance as compared to other types of sodium alginates available in the market. Based on application, the global industrial grade sodium alginate market can be divided into textile industry, paper industry, coating industry,, water treatment industry,, and other applications segments.
Product Definition:
Industrial grade sodium alginate is a food additive used to thicken and stabilize foods. It is especially important in foods that are high in fat or sugar, as it helps to prevent them from separating or becoming too thick. Sodium alginate can also be used to create a smooth texture in ice cream and other frozen desserts.
99% Purity:
99% purity sodium alginate is a white waxy powder, which is soluble in water and has an odor similar to that of carrageenan. It consists of long-branched polysaccharide chains, which are cross-linked byodium. 99% purity product has no taste & odor and it's insoluble in water as well as most organic solvents.
99.9% Purity:
99.9% purity is a kind of sodium alginate which has been extracted from the alginic acid plant and processed to remove impurities. It is used in various industries such as cosmetics, food & beverages, pharmaceuticals, animal feed additives and others on account of its unique properties such as high viscosity for a long period of time with no change in chemical composition.
Application Insights:
The textile industry was the largest application segment in 2017 and is expected to witness significant growth over the forecast period. The product has excellent cleaning properties which help remove stains from fabrics, thereby making them fresh and clean. It also helps in maintaining fabric colors by keeping them free from pollution and other contaminants. This factor is likely to propel its demand in textile applications over the coming years.
Papermaking is another key application of the product as it helps maintain paper quality during production process as well as after printing on papers or tissues sheets. It acts as a vital component for water treatment industry due to its ability to remove contaminants including suspended solids, organic materials along with dissolved substances like oil & grease, pesticides & herbicides etc., from wastewater effluents thus enabling their safe discharge into marine environment or freshwater bodies without any threat of pollution or contamination through chemical/toxicological degradation of pollutants etc.
Regional Analysis:
Asia Pacific sodium alginate market is anticipated to grow at a significant rate over the forecast period. The growth of the regional market can be attributed to rising demand for industrial goods and food additives in countries such as China, India, Japan, Indonesia and Malaysia. Increasing population coupled with growing consumer disposable income levels will boost industry expansion over the coming years.
The Asia Pacific was followed by Europe which accounted for a revenue share of 22% in 2017 owing to high consumption levels of dietary supplements and textiles in Germany, France and Italy among other Eastern European countries. North America is projected to witness steady growth from 2018 to 2030 due to increasing use as an emulsifying agent in paints & coatings application along with paper manufacturing process mainly prevalent in U.S.
Growth Factors:
- Increasing demand from food and beverage industry for texturizing and thickening agents
- Rising demand for sodium alginate in pharmaceuticals and nutraceuticals industries as a stabilizer, thickener, and emulsifier
- Growing application of sodium alginate in cosmetics industry as a viscosity modifier
- Increasing research on the potential health benefits of sodium alginate
- Technological advancements that have led to the development of new products with improved properties
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Grade Sodium Alginate Market Research Report
By Type
99% Purity, 99.9% Purity, Other
By Application
Textile Industry, Paper Industry, Coating, Water Treatment, Other
By Companies
SNP Inc., KIMICA Corporation, SNAP Natural & Alginate Products, Yitex Chemical, Jiejing Group, Gather Great Ocean Seaweed Industry, Bright Moon Seaweed Group, Allforlong Bio-Tech Company
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Grade Sodium Alginate Market Report Segments:
The global Industrial Grade Sodium Alginate market is segmented on the basis of:
Types
99% Purity, 99.9% Purity, Other
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
Textile Industry, Paper Industry, Coating, Water Treatment, Other
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:
- SNP Inc.
- KIMICA Corporation
- SNAP Natural & Alginate Products
- Yitex Chemical
- Jiejing Group
- Gather Great Ocean Seaweed Industry
- Bright Moon Seaweed Group
- Allforlong Bio-Tech Company
Highlights of The Industrial Grade Sodium Alginate 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:
- 99% Purity
- 99.9% Purity
- Other
- By Application:
- Textile Industry
- Paper Industry
- Coating
- Water Treatment
- Other
- 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 Industrial Grade Sodium Alginate 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.
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- Correctly Positioning New Products
- Market Entry Strategies
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- 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?
Industrial grade sodium alginate is a type of food-grade polymer that is derived from the seaweed alginate. It has a high molecular weight and is used as an emulsifier, thickener, and stabilizer in foods. It can be used to improve texture, flavor, color, and shelf life of food products.
Some of the major companies in the industrial grade sodium alginate market are SNP Inc., KIMICA Corporation, SNAP Natural & Alginate Products, Yitex Chemical, Jiejing Group, Gather Great Ocean Seaweed Industry, Bright Moon Seaweed Group, Allforlong Bio-Tech Company.
The industrial grade sodium alginate market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Grade Sodium Alginate Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Industrial Grade Sodium Alginate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Grade Sodium Alginate Market - Supply Chain
4.5. Global Industrial Grade Sodium Alginate Market Forecast
4.5.1. Industrial Grade Sodium Alginate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Grade Sodium Alginate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Grade Sodium Alginate Market Absolute $ Opportunity
5. Global Industrial Grade Sodium Alginate Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Industrial Grade Sodium Alginate Market Size and Volume Forecast by Type
5.3.1. 99% Purity
5.3.2. 99.9% Purity
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial Grade Sodium Alginate Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Industrial Grade Sodium Alginate Market Size and Volume Forecast by Application
6.3.1. Textile Industry
6.3.2. Paper Industry
6.3.3. Coating
6.3.4. Water Treatment
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Grade Sodium Alginate Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Industrial Grade Sodium Alginate Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Industrial Grade Sodium Alginate Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Industrial Grade Sodium Alginate Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Industrial Grade Sodium Alginate Demand Share Forecast, 2019-2026
9. North America Industrial Grade Sodium Alginate Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Industrial Grade Sodium Alginate Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Industrial Grade Sodium Alginate Market Size and Volume Forecast by Application
9.4.1. Textile Industry
9.4.2. Paper Industry
9.4.3. Coating
9.4.4. Water Treatment
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial Grade Sodium Alginate Market Size and Volume Forecast by Type
9.7.1. 99% Purity
9.7.2. 99.9% Purity
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Industrial Grade Sodium Alginate Demand Share Forecast, 2019-2026
10. Latin America Industrial Grade Sodium Alginate Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Industrial Grade Sodium Alginate Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Industrial Grade Sodium Alginate Market Size and Volume Forecast by Application
10.4.1. Textile Industry
10.4.2. Paper Industry
10.4.3. Coating
10.4.4. Water Treatment
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial Grade Sodium Alginate Market Size and Volume Forecast by Type
10.7.1. 99% Purity
10.7.2. 99.9% Purity
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Industrial Grade Sodium Alginate Demand Share Forecast, 2019-2026
11. Europe Industrial Grade Sodium Alginate Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Industrial Grade Sodium Alginate Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Industrial Grade Sodium Alginate Market Size and Volume Forecast by Application
11.4.1. Textile Industry
11.4.2. Paper Industry
11.4.3. Coating
11.4.4. Water Treatment
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial Grade Sodium Alginate Market Size and Volume Forecast by Type
11.7.1. 99% Purity
11.7.2. 99.9% Purity
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Industrial Grade Sodium Alginate Demand Share, 2019-2026
12. Asia Pacific Industrial Grade Sodium Alginate Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Industrial Grade Sodium Alginate Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Industrial Grade Sodium Alginate Market Size and Volume Forecast by Application
12.4.1. Textile Industry
12.4.2. Paper Industry
12.4.3. Coating
12.4.4. Water Treatment
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial Grade Sodium Alginate Market Size and Volume Forecast by Type
12.7.1. 99% Purity
12.7.2. 99.9% Purity
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Industrial Grade Sodium Alginate Demand Share, 2019-2026
13. Middle East & Africa Industrial Grade Sodium Alginate Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Industrial Grade Sodium Alginate Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Industrial Grade Sodium Alginate Market Size and Volume Forecast by Application
13.4.1. Textile Industry
13.4.2. Paper Industry
13.4.3. Coating
13.4.4. Water Treatment
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Industrial Grade Sodium Alginate Market Size and Volume Forecast by Type
13.7.1. 99% Purity
13.7.2. 99.9% Purity
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Industrial Grade Sodium Alginate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Industrial Grade Sodium Alginate Market: Market Share Analysis
14.2. Industrial Grade Sodium Alginate Distributors and Customers
14.3. Industrial Grade Sodium Alginate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SNP Inc.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. KIMICA Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SNAP Natural & Alginate Products
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Yitex Chemical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Jiejing Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Gather Great Ocean Seaweed Industry
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Bright Moon Seaweed Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Allforlong Bio-Tech Company
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
