Global & US Sodium Tungstate Market Size : Overview
Sodium Tungstate, with the formula Na2WO4 is an inorganic
compound. It is the sodium salt of tungstic acid, which is colorless or white
color crystalline powder and water-soluble solid. Sodium Tungstate acts as
analytical reagent, catalyst, fire proofing agent. Sodium tungstate can be used
in manufacturing various chemical elements such as tungsten salts, metal
tungasten, tungsten acid, dyes. It is a medium that helps in conversion of
tungsten ores to the metal.
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Global & US Sodium Tungstate: Market Influencer
Globally, Sodium Tungstate Industry is growing rapidly due to its multiple
applications and uses in wide range of industries. Mainly sodium tungstate
deals with industries that are involved in chemicals. As per studies the market
for chemical products is expected to grow of about 5.6 trillion euros by 2035
resulting there is huge stability for chemical industries. As there is high
growing rate for chemical industries in the world simultaneously there is
growth in Sodium Tungstate Industry .
Global & US Sodium Tungstate Market Size : Applications
Sodium Tungstate is an inorganic compound that is applicable
in multiple fields such as chemical industries, medical, metal industries,
glass industry, and textile industry and many others.
In medicinal field, it is applied for treating as an
anti-diabetic and anti-obesity agent. When administered orally sodium tungstate
acts as an effective antidiabetic agent. Sodium tungstate have dual effects of
on adipocyte biology i.e. stimulation of cellular oxygen consumption and
inhibition of adipogenesis.
Sodium Tungstate are used in manufacturing various types of
heteropoly acid color lakes that are used in printing inks, plants, waxes,
glasses, and textiles.
Global & US Sodium Tungstate: Market Segmentation
The Sodium Tungstate Industry is divided into following segments
Segmentation by Application
- Anti-diabetic
Agent
- Anti-obesity
agent
- Catalyst
- Permanent
chemical modifier
Segmentation by Channel Participants
- Research
laboratories
- Textile
industry
- Chemical
industry
- Metal
industry
- Glass
industry
- Medical
industry
- Others
Global & US Sodium Tungstate: Regional Market
Information
North America
Globally, North America is leading market for Sodium
Tungstate. This is mainly because of the growth rate of large and diverse
manufacturing industry trends to track the GDP. US is the one of the raising
market for overall chemical industry. According to the study it is expected
that for the next 10 years U.S. would represents of about 80% chemical market
in North America. And U.S. will be the largest chemical exporters in North
America. The trend of re-industrialization is one of the factors for the growth
of Sodium Tungstate Industry .
Europe
Europe region is also showing high growth in Sodium
Tungstate Industry . Germany and Italy are top two countries for chemical
industry. The main reason for the growth of Sodium Tungstate Industry in Europe is the high productivity and
innovation towards the chemical industries. The growth and development of large
scale industry and small scale industry has huge impact on market for sodium
tungstate.
Global & US Sodium Tungstate Market Size : Key Players
Some of the prominent key players in the Flexo-ink
Industry are as Kat-Chem Ltd, Ganzhou Grand Sea W& Mo Group Co., Ltd,
Yuanhang Tungsten, HCstarck, Taizhou BangDe, Ningxiang Changyi etc.
Market Research Future introduces about 2016 Sodium Tungstate Industry during the forecast
period 2016-2027 which mainly includes the growth drivers, trends and
restraints and how the market will grow in the future across the globe. In this
report, Market Research Future has focused on the current
market scenario which includes market segmentation, market dynamics, and
competitive landscape along with company profiles.
The reports also covers brief analysis of Geographical
Region includes:
Americas
- North America (US, Canada)
- Latin America (Argentina, Brazil, Mexico, Rest of LATAM)
Europe
- Western Europe (Germany, France, Italy, Spain, U.K, Rest
of Western Europe)
- Eastern Europe (Poland, Russia)
Asia – Pacific
- Asia (China, India, Japan, South Korea, Rest of Asia)
- Pacific Countries (Australia, New Zealand)
Middle East & Africa
- Middle East (Saudi, Qatar, UAE)
- Rest of Middle East (Africa, South Africa, Rest of Africa)
Every report of Market Research Future comprises
of extensive primary research along with the detailed analysis of qualitative
as well as quantitative aspects by various industry experts, key opinion
leaders to gain the deeper insight of the market and industry performance. The
report gives the clear picture of current market scenario which includes
historical and projected market size in terms of value and volume,
technological advancement, macro economical and governing factors in the
market. The report also gives a broad study of the different market segments
and regions.
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