Market Overview:
The global sodium triflate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. Sodium triflate is used as a catalyst in chemical synthesis and other applications. It is also used as an intermediate in the production of pharmaceuticals, agrochemicals, and other specialty chemicals. North America dominates the global sodium triflate market, followed by Europe and Asia Pacific. The growth of the sodium triflate market in Asia Pacific is driven by the increasing demand for specialty chemicals from countries such as China and India.
Product Definition:
It is used as an electrolyte and to produce other compounds.
?98%:
Sodium triflate is a chemical compound, which can be extracted from petroleum. It is primarily used as an additive in gasoline to reduce the vapor pressure of the fuel and thus increase its efficiency. The product also has some other applications such as in pesticides, insecticides, and herbicides for killing germs or bacteria on crops that are harmful to humans or animals.
98% is a chemical compound of trifluoromethane and means that the solution contains no more than 98% of trifluoromethane. It is used as an intermediate in manufacturing pesticides, pharmaceuticals, and other products. 98% is also used as an additive to increase the stability of organic compounds in reactions with oxygen or water.
Application Insights:
The chemical is used in the manufacture of various products, including fertilizers and other chemicals. In terms of revenue, fertilizer manufacturing dominated the application segment with a share of over 60% in 2017. The product is used for the production of high-nitrogen fertilizers that are required for agricultural growth across regions.
The demand for these fertilizers has witnessed an upsurge due to their ability to provide enhanced crop yield and improve soil quality at lower costs as compared to traditional methods employed in agriculture. This factor would propel industry growth over the forecast period.
Regional Analysis:
Asia Pacific sodium triflate market is anticipated to witness significant growth over the forecast period. This can be attributed to rising demand for sodium triflate in China, India, and Japan. The increasing number of chemical manufacturers in Asia Pacific has led to an increase in consumption of sodium triflate as a key raw material for producing chemicals such as ethylene glycol and diethyl ether.
The Middle East & Africa region is expected to grow at a CAGR of XX% from 2018 to 2030 owing high growth potential across thechemicals sector coupled with increasing investments by foreign players such asthe Saudi Arabian Company for Chemicals & Petrochemicals (SACCP) which will drivechemical production capacity thereby drivingthe utilizationof sodium trifluoride over the forecast period.
Growth Factors:
- Sodium Triflate is a versatile and efficient catalyst for various chemical processes. This is expected to drive the demand for Sodium Triflate in the global market.
- The growing demand from end-use industries such as pharmaceuticals, agrochemicals, and polymer production is anticipated to boost the growth of Sodium Triflate market in the near future.
- Increasing research and development activities for new applications of Sodium Triflate are projected to create lucrative opportunities for this market in the next few years.
- Growing awareness about benefits of using Sodium Triflate over other catalysts is likely to propel its demand in various end-use industries worldwide during the forecast period. 5) Stringent environmental regulations regarding emission of harmful gases will further fuel the growth of global sodium triflate market during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Sodium Triflate Market Research Report
By Type
?98%, <98%
By Application
Chemical Synthesis, Other
By Companies
Central Glass, MissYou Chemical, ...
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 Triflate Market Report Segments:
The global Sodium Triflate market is segmented on the basis of:
Types
?98%, <98%
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, 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:
- Central Glass
- MissYou Chemical
- ...
Highlights of The Sodium Triflate 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:
- ?98%
- <98%
- By Application:
- Chemical Synthesis
- 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 Sodium Triflate 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 triflate is a chemical compound with the formula NaClO3. It is a white solid that dissolves in water to form an alkaline solution. Sodium triflate is used as a reagent in organic chemistry and as an antiseptic agent.
Some of the major companies in the sodium triflate market are Central Glass, MissYou Chemical.
The sodium triflate 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 Triflate 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 Triflate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sodium Triflate Market - Supply Chain
4.5. Global Sodium Triflate Market Forecast
4.5.1. Sodium Triflate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sodium Triflate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sodium Triflate Market Absolute $ Opportunity
5. Global Sodium Triflate 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 Triflate Market Size and Volume Forecast by Type
5.3.1. ?98%
5.3.2. <98%
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sodium Triflate 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 Triflate Market Size and Volume Forecast by Application
6.3.1. Chemical Synthesis
6.3.2. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sodium Triflate 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 Triflate 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 Triflate 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 Triflate 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 Triflate Demand Share Forecast, 2019-2029
9. North America Sodium Triflate 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 Triflate 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 Triflate Market Size and Volume Forecast by Application
9.4.1. Chemical Synthesis
9.4.2. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Sodium Triflate Market Size and Volume Forecast by Type
9.7.1. ?98%
9.7.2. <98%
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 Triflate Demand Share Forecast, 2019-2029
10. Latin America Sodium Triflate 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 Triflate 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 Triflate Market Size and Volume Forecast by Application
10.4.1. Chemical Synthesis
10.4.2. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Sodium Triflate Market Size and Volume Forecast by Type
10.7.1. ?98%
10.7.2. <98%
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 Triflate Demand Share Forecast, 2019-2029
11. Europe Sodium Triflate 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 Triflate 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 Triflate Market Size and Volume Forecast by Application
11.4.1. Chemical Synthesis
11.4.2. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Sodium Triflate Market Size and Volume Forecast by Type
11.7.1. ?98%
11.7.2. <98%
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 Triflate Demand Share, 2019-2029
12. Asia Pacific Sodium Triflate 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 Triflate 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 Triflate Market Size and Volume Forecast by Application
12.4.1. Chemical Synthesis
12.4.2. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Sodium Triflate Market Size and Volume Forecast by Type
12.7.1. ?98%
12.7.2. <98%
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 Triflate Demand Share, 2019-2029
13. Middle East & Africa Sodium Triflate 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 Triflate 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 Triflate Market Size and Volume Forecast by Application
13.4.1. Chemical Synthesis
13.4.2. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Sodium Triflate Market Size and Volume Forecast by Type
13.7.1. ?98%
13.7.2. <98%
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 Triflate Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Sodium Triflate Market: Market Share Analysis
14.2. Sodium Triflate Distributors and Customers
14.3. Sodium Triflate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Central Glass
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. MissYou Chemical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ...
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. COMPANY4
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
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