Market Overview:
The global sodium metal market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. Sodium metal is used in various applications such as chemical synthesis, metal manufacturing and refining, pharmaceuticals, and others. The growth of the global sodium metal market can be attributed to the increasing demand for sodium metal in end-use industries such as chemical synthesis and pharmaceuticals. In addition, the growing demand for clean energy sources is also contributing to the growth of the global sodium metal market. However, volatility in prices of raw materials used in production of sodium metal may restrain the growth of this market during the forecast period.
Product Definition:
A soft, silver-white metal of the alkali group. It is the most common element in the earth's crust and is used extensively in chemical synthesis and metallurgy.
Reagent Grade:
Sodium metal is produced in the earth's interior and is found in abundance in Mexico and California. The metal was first extracted from its ores by the alchemists of Europe during the 16th century, however, it took another two centuries before it was recognized as a real element. It was finally admitted as a permanent member of the periodic table by IUPAC (International Union of Pure and Applied Chemistry) after thorough testing during 1807-1812.
Industrial Grade:
Industrial grade is a high purity form of the product which is used in various end-use industries such as chemical, pharmaceutical and others. It has 99.5% of pure sodium metal with no additives or impurities present in it.
Application Insights:
The chemical synthesis application segment accounted for the largest revenue share of over 40% in 2017. The sodium metal is used for various purposes in chemical synthesis, such as obtaining anhydrous sodium sulfate and hydrous oxides of sodium. However, one of the major applications is to produce lithium-ion batteries using spodumene, a mineral that contains lithium and thorium. Thus, increasing demand for electric vehicles may hamper the growth rate during the forecast period.
The metal manufacturing & refining segment was valued at USD 1.5 billion in 2017 owing to rising demand from industrial applications including steel production and refineries across various regions including North America and Europe Asia Pacific Latin America Middle East & Africa).
Regional Analysis:
Asia Pacific sodium metal market is expected to witness significant growth over the forecast period owing to the increasing demand for chemicals and pharmaceuticals. The region accounted for a volume share of 37.6% in 2017, in terms of revenue, among all the regions due to high product demand from various end-use industries such as chemical manufacturing and refining, others.
The growing population coupled with rising disposable income has led to an increase in consumer spending on household products such as refrigerators and washing machines which have increased industry size over time.
Growth Factors:
- Increasing demand from the chemical industry for sodium metal as a reducing agent and catalyst.
- Growing demand for sodium metal in the production of aluminum alloys and other lightweight metals.
- Rising demand from the oil & gas sector for use in drilling fluids, corrosion inhibitors, and other applications.
- Increasing use of sodium metal in battery manufacturing to produce high-capacity lithium ion batteries.
- Growing popularity of sodium metal as a replacement for traditional lead acid batteries in automotive applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Sodium Metal Market Research Report
By Type
Reagent Grade, Industrial Grade
By Application
Chemical Synthesis, Metal manufacturing & Refining, Pharmaceuticals, Others
By Companies
Inner Mongolia Lan Tai Industrial, Wanji Holdings Group, MSSA, Shangdong Moris Tech, American Elements, ...
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Sodium Metal Market Report Segments:
The global Sodium Metal market is segmented on the basis of:
Types
Reagent Grade, Industrial Grade
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
Chemical Synthesis, Metal manufacturing & Refining, Pharmaceuticals, 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:
- Inner Mongolia Lan Tai Industrial
- Wanji Holdings Group
- MSSA
- Shangdong Moris Tech
- American Elements
- ...
Highlights of The Sodium Metal 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:
- Reagent Grade
- Industrial Grade
- By Application:
- Chemical Synthesis
- Metal manufacturing & Refining
- Pharmaceuticals
- 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 Metal 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 metal is a soft, silver-white metal that is found in nature as the element sodium. It has a low melting point and can easily be melted down and cast into shapes. Sodium metal is used in manufacturing a variety of products, including batteries and lighting fixtures.
Some of the major companies in the sodium metal market are Inner Mongolia Lan Tai Industrial, Wanji Holdings Group, MSSA, Shangdong Moris Tech, American Elements.
The sodium metal 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 Metal 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 Metal Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sodium Metal Market - Supply Chain
4.5. Global Sodium Metal Market Forecast
4.5.1. Sodium Metal Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sodium Metal Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sodium Metal Market Absolute $ Opportunity
5. Global Sodium Metal 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 Metal Market Size and Volume Forecast by Type
5.3.1. Reagent Grade
5.3.2. Industrial Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sodium Metal 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 Metal Market Size and Volume Forecast by Application
6.3.1. Chemical Synthesis
6.3.2. Metal manufacturing & Refining
6.3.3. Pharmaceuticals
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sodium Metal 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 Metal 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 Metal 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 Metal 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 Metal Demand Share Forecast, 2019-2029
9. North America Sodium Metal 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 Metal 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 Metal Market Size and Volume Forecast by Application
9.4.1. Chemical Synthesis
9.4.2. Metal manufacturing & Refining
9.4.3. Pharmaceuticals
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 Metal Market Size and Volume Forecast by Type
9.7.1. Reagent Grade
9.7.2. Industrial Grade
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 Metal Demand Share Forecast, 2019-2029
10. Latin America Sodium Metal 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 Metal 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 Metal Market Size and Volume Forecast by Application
10.4.1. Chemical Synthesis
10.4.2. Metal manufacturing & Refining
10.4.3. Pharmaceuticals
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 Metal Market Size and Volume Forecast by Type
10.7.1. Reagent Grade
10.7.2. Industrial Grade
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 Metal Demand Share Forecast, 2019-2029
11. Europe Sodium Metal 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 Metal 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 Metal Market Size and Volume Forecast by Application
11.4.1. Chemical Synthesis
11.4.2. Metal manufacturing & Refining
11.4.3. Pharmaceuticals
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 Metal Market Size and Volume Forecast by Type
11.7.1. Reagent Grade
11.7.2. Industrial Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market AttractivenessGrowth 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 Metal Demand Share, 2019-2029
12. Asia Pacific Sodium Metal 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 Metal 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 Metal Market Size and Volume Forecast by Application
12.4.1. Chemical Synthesis
12.4.2. Metal manufacturing & Refining
12.4.3. Pharmaceuticals
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 Metal Market Size and Volume Forecast by Type
12.7.1. Reagent Grade
12.7.2. Industrial Grade
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 Metal Demand Share, 2019-2029
13. Middle East & Africa Sodium Metal 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 Metal 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 Metal Market Size and Volume Forecast by Application
13.4.1. Chemical Synthesis
13.4.2. Metal manufacturing & Refining
13.4.3. Pharmaceuticals
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 Metal Market Size and Volume Forecast by Type
13.7.1. Reagent Grade
13.7.2. Industrial Grade
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 Metal Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Sodium Metal Market: Market Share Analysis
14.2. Sodium Metal Distributors and Customers
14.3. Sodium Metal Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Inner Mongolia Lan Tai Industrial
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Wanji Holdings 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. MSSA
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Shangdong Moris Tech
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. American Elements
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ...
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
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
