Allied Market Research

2024

Sodium Tungstate Market

Sodium Tungstate Market Size, Share, Competitive Landscape and Trend Analysis Report by Grade, by Application and by End-user Industry : Global Opportunity Analysis and Industry Forecast, 2023-2032

MC : Bulk Chemicals

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Author's: | Eswara Prasad
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Sodium tungstate is an inorganic material having the chemical formula Na2WO4. It is manufactured via treatment of tungsten ores with sodium compounds such as sodium hydroxide or sodium carbonate. It is a white colored solid with water-soluble nature and crystalline form. It is used as a catalyst in epoxidation of alkenes & oxidation of alcohols into aldehydes or ketones. In addition, it is utilized in examination of serum protein & serum protein-free filtrate; as alkaloid precipitating agent; and in manufacture of metal tungsten, tungstate, tungsten oxide, waterproof fabric, & fireproof fabric.

The growth of the global sodium tungstate market is driven by increase in demand for tungstate market as antidiabetic and anti-obesity agent in rapidly growing medical industry. However, volatility in raw material availability & prices hampers the market growth. Increasing range of applications is expected to provide growth opportunities for the market.

The report segments the sodium tungstate market on the basis of grade, application, end user industry, and geography. Based on grade, the market is divided into ACS reagent grade, technical grade, grade I (99.5%), and grade II (98.5%). Applications covered in the study include antidiabetic agent, anti-obesity agent, catalyst, permanent chemical modifier, fuel cell electrode material, and fire proofing agent. By end user industry, the market is categorized into textile industry, chemical industry, metal industry, glass industry, medical industry, and others. Geographical breakdown of the market includes North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits

  • This report provides an extensive analysis of the current trends and emerging estimations & dynamics of the global sodium tungstate market.
  • Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
  • Detailed analysis of the industry based on the grade and end user industry help to understand the trending grade of sodium tungstate in the industry.
  • Porters Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplierbuyer network.
  • Extensive analysis of the market is conducted by following key product positioning and monitoring of top players within the market framework.

Sodium Tungstate Market Report Highlights

Aspects Details
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By Grade
  • ACS Reagent Grade
  • Technical Grade
  • Grade I-99.5%
  • Grade II-98.5%
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By Application
  • Antidiabetic Agent
  • Anti-obesity Agent
  • Catalyst
  • Permanent Chemical Modifier
  • Fuel Cell Electrode Material
  • Fire Proofing Agent
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By End-user Industry
  • Textile Industry
  • Chemical Industry
  • Metal Industry
  • Glass Industry
  • Medical Industry
  • Others
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By Geography
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA
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Key Market Players

Nova Oleochem, Yuanhang tungsten, Ningxiang Changyi, HCstarck, Taizhou BangDe, Ganzhou Grand Sea W& Mo Group Co., Ltd., Alpha Chem, Anchor Chemicals, Chem-Met, Kat-Chem Ltd.

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Sodium Tungstate Market

Global Opportunity Analysis and Industry Forecast, 2023-2032