Global Sodium Borohydride Market Growth 2023-2029

Global Sodium Borohydride Market Growth 2023-2029

Sodium Borohydride, also known as sodium tetrahydridoborate, is a white solid, usually encountered as a powder, widely used as a reducing agent in various industries like pharmaceuticals, pulp & paper, metal recovery, textiles, organic chemical purification and others.

The Molecular Formula of Sodium Borohydride is H4BNa, while the CAS number of Sodium Borohydride is 16940-66-2.

LPI (LP Information)' newest research report, the “Sodium Borohydride Industry Forecast” looks at past sales and reviews total world Sodium Borohydride sales in 2022, providing a comprehensive analysis by region and market sector of projected Sodium Borohydride sales for 2023 through 2029. With Sodium Borohydride sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sodium Borohydride industry.

This Insight Report provides a comprehensive analysis of the global Sodium Borohydride landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Sodium Borohydride portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Sodium Borohydride market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sodium Borohydride and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sodium Borohydride.

The global Sodium Borohydride market size is projected to grow from US$ 588.9 million in 2022 to US$ 886.5 million in 2029; it is expected to grow at a CAGR of 886.5 from 2023 to 2029.

Geographically, the global sodium borohydride market has been segmented into North America, Europe, China and other. Europe held the largest share in the global sodium borohydride products market, its revenue of global market exceeds 47%, followed by North America. China being the most populous country has fast growing sodium borohydride market.

Market competition is intense. Kemira and Vertellus are the top 2 of Sodium Borohydride, with about 81% market shares..

This report presents a comprehensive overview, market shares, and growth opportunities of Sodium Borohydride market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Powder Type
Solution Type
Granules Type
Pellets Type

Segmentation by application
Pulp & Paper
Pharmaceuticals
Metal Reduction
Fuel Cell
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Kemira
Vertellus
Guobang Pharmaceutical
MC
Huachang
Nantong Hongzi
JSC Aviabor

Key Questions Addressed in this Report

What is the 10-year outlook for the global Sodium Borohydride market?

What factors are driving Sodium Borohydride market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Sodium Borohydride market opportunities vary by end market size?

How does Sodium Borohydride break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.