Market Overview:
The global sodium humate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for humates from various applications such as pharmaceutical, agriculture use fertilizer, feed additive, and others. Sodium humate is used as a soil amendment and helps in improving soil health by providing essential nutrients and minerals to plants. It also helps in retaining water content in the soil and prevents erosion. These factors are expected to drive the demand for sodium humate during the forecast period.
Product Definition:
Sodium humate is a derivative of humic acid and it is used as an organic fertilizer. It helps to improve the soil structure, increases water retention and helps to suppress plant diseases.
Powder:
Powder is a natural mineral, which is formed from the dried, fermented remains of plants and animals. It can be categorized as organic or inorganic depending on its source. Inorganic powder includes metals such as calcium carbonate and iron oxide along with salts such as sodium carbonate and potassium sulfide among others; whereas organic includes products obtained from plant materials including starch, cellulose fibers, lignin etc.
Flake:
Flake is a type of feedstock used in the manufacturing of sodium humate. It is basically a form of lignite that has been processed to remove impurities such as sulfur, nitrogen and carbon dioxide. The end product consists of pure sodium humate with very low moisture content and high purity (99%) lignin content.
Application Insights:
The global sodium humate market is segmented on the basis of application into pharmaceutical, agriculture use fertilizer, feed additive and others. The agricultural use fertilizer segment accounted for a major share in 2017 and is expected to witness significant growth over the forecast period. This can be attributed to increasing demand from emerging economies such as India, China and Brazil for using in farming applications.
Sodium Humate (SH) is used as an organic base-catalyst in liquid ammonia synthesis which has wide applications across various industries such as food & beverage processing, pulp & paper manufacturing etc. It also finds several niche applications across diverse end-use industries including cosmetics packaging materials textiles paints & coatings wastewater treatment etc., which are likely to propel its demand over the coming years.
Regional Analysis:
Asia Pacific sodium humate market is expected to grow at the highest CAGR of XX% from 2018 to 2030 owing to increasing product demand in feed additives and pharmaceutical applications. The region accounts for a major share in global sodium humate consumption and production, which can be attributed to the presence of key manufacturers such as Nissin Sugar Manufacturing Co., Ltd., Incoke Chemical, Tianjin Huitong Group, etc.
The growth of end-use industries such as agriculture and pharmaceutical coupled with rising awareness regarding soil health is anticipated to drive the demand for fertilizers across developing countries including China, India, Thailand, Indonesia among others. This will result into increased product consumption over the forecast period.
Growth Factors:
- Increasing demand from agriculture sector for humic acid as a soil amendment to improve crop yield and quality.
- Rising awareness about the benefits of sodium humate in livestock feed industry for improving animal health and productivity.
- Growing popularity of humic acid based fertilizers among farmers due to its ability to improve soil fertility and reduce fertilizer requirements.
- Rapid expansion of horticulture sector due to increasing demand for fruits, vegetables, flowers & nursery plants worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Sodium Humate Market Research Report
By Type
Powder, Flake, Spherical
By Application
Pharmaceutical, Agriculture Use Fertilizer, Feed Additive, Others
By Companies
Hong Da Xing Ye Group, Xingfa Chemical Group, Gih Hwa Enterprise, Humintec, Saint Humic Acid, Hunan Worldful Agrotech, Xian Shan Yuan Agriculture & Technology, PingXiang Carval Biotech
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Sodium Humate Market Report Segments:
The global Sodium Humate market is segmented on the basis of:
Types
Powder, Flake, Spherical
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
Pharmaceutical, Agriculture Use Fertilizer, Feed Additive, 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:
- Hong Da Xing Ye Group
- Xingfa Chemical Group
- Gih Hwa Enterprise
- Humintec
- Saint Humic Acid
- Hunan Worldful Agrotech
- Xian Shan Yuan Agriculture & Technology
- PingXiang Carval Biotech
Highlights of The Sodium Humate 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:
- Powder
- Flake
- Spherical
- By Application:
- Pharmaceutical
- Agriculture Use Fertilizer
- Feed Additive
- 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 Humate 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
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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 humate is a white, crystalline powder that is used as a food additive and preservative. It helps to prevent spoilage and can be found in many foods, including breads, cereals, pastas, and snack bars. Sodium humate also has antimicrobial properties and can help to fight against bacteria and fungus.
Some of the major players in the sodium humate market are Hong Da Xing Ye Group, Xingfa Chemical Group, Gih Hwa Enterprise, Humintec, Saint Humic Acid, Hunan Worldful Agrotech, Xian Shan Yuan Agriculture & Technology, PingXiang Carval Biotech.
The sodium humate market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sodium Humate 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. Sodium Humate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sodium Humate Market - Supply Chain
4.5. Global Sodium Humate Market Forecast
4.5.1. Sodium Humate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sodium Humate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sodium Humate Market Absolute $ Opportunity
5. Global Sodium Humate 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. Sodium Humate Market Size and Volume Forecast by Type
5.3.1. Powder
5.3.2. Flake
5.3.3. Spherical
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sodium Humate 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. Sodium Humate Market Size and Volume Forecast by Application
6.3.1. Pharmaceutical
6.3.2. Agriculture Use Fertilizer
6.3.3. Feed Additive
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sodium Humate 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. Sodium Humate 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 Sodium Humate 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. Sodium Humate 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 Sodium Humate Demand Share Forecast, 2019-2026
9. North America Sodium Humate 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 Sodium Humate 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 Sodium Humate Market Size and Volume Forecast by Application
9.4.1. Pharmaceutical
9.4.2. Agriculture Use Fertilizer
9.4.3. Feed Additive
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Sodium Humate Market Size and Volume Forecast by Type
9.7.1. Powder
9.7.2. Flake
9.7.3. Spherical
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 Sodium Humate Demand Share Forecast, 2019-2026
10. Latin America Sodium Humate 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 Sodium Humate 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 Sodium Humate Market Size and Volume Forecast by Application
10.4.1. Pharmaceutical
10.4.2. Agriculture Use Fertilizer
10.4.3. Feed Additive
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Sodium Humate Market Size and Volume Forecast by Type
10.7.1. Powder
10.7.2. Flake
10.7.3. Spherical
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 Sodium Humate Demand Share Forecast, 2019-2026
11. Europe Sodium Humate 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 Sodium Humate 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 Sodium Humate Market Size and Volume Forecast by Application
11.4.1. Pharmaceutical
11.4.2. Agriculture Use Fertilizer
11.4.3. Feed Additive
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Sodium Humate Market Size and Volume Forecast by Type
11.7.1. Powder
11.7.2. Flake
11.7.3. Spherical
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 Sodium Humate Demand Share, 2019-2026
12. Asia Pacific Sodium Humate 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 Sodium Humate 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 Sodium Humate Market Size and Volume Forecast by Application
12.4.1. Pharmaceutical
12.4.2. Agriculture Use Fertilizer
12.4.3. Feed Additive
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Sodium Humate Market Size and Volume Forecast by Type
12.7.1. Powder
12.7.2. Flake
12.7.3. Spherical
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 Sodium Humate Demand Share, 2019-2026
13. Middle East & Africa Sodium Humate 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 Sodium Humate 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 Sodium Humate Market Size and Volume Forecast by Application
13.4.1. Pharmaceutical
13.4.2. Agriculture Use Fertilizer
13.4.3. Feed Additive
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Sodium Humate Market Size and Volume Forecast by Type
13.7.1. Powder
13.7.2. Flake
13.7.3. Spherical
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 Sodium Humate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Sodium Humate Market: Market Share Analysis
14.2. Sodium Humate Distributors and Customers
14.3. Sodium Humate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hong Da Xing Ye Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Xingfa Chemical Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Gih Hwa Enterprise
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Humintec
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Saint Humic Acid
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hunan Worldful Agrotech
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Xian Shan Yuan Agriculture & Technology
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. PingXiang Carval Biotech
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
