Sodium Amide Market 2018–Share, Growth, Statistics, Key Players Analysis, Trends and Forecasts

12/mar/2018 12:25:37 Market Research Future Contatta l'autore

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Market Overview

Sodium Amide is an aggressively reactive inorganic compound. It is used in the dye preparation, organic synthesis and deprotonating of alkynes, weak acids, esters, and ketones. It is also used as a catalyst in synthesis of hydrazine and sodium cyanide. Hydrazine is used as a part of rocket fuel in space exploration, gun propellants and as a precursor to most of the pharmaceuticals, pesticides, and insecticides. Sodium amide is used for the production of indigo dye, which is used in textile coloring. The global textile and apparel market is likely to reach USD 2.6 trillion by 2025. However, the handling difficulty, the extreme reactivity, and the environmental hazards are likely to remain the same.

Market Segmentation

The Global Sodium Amide Market is segmented on the basis of applications, end use industry, and region. On the basis of the applications, the market is divided into catalyst, dyes, deprotonating agent, dehydrating agent, and others. The sodium amide is used as a catalyst in synthesis of sodium cyanide and hydrazine. They are further used in the gold extraction and rocket fuel respectively. The synthetically produced indigo dye from sodium amide is the purest form of indigotin with less impurities than the natural indigo, which is driving the market growth to some extent.

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Based on the End-Use Industry, the Sodium Amide Market is segmented into the textile industry, pharmaceuticals, agrochemicals, and others. The textile industry is dominating the market due to rapidly growing demand, limited product range, and subject to rapid obsolescence.  Apart from the textiles industry, sodium amide is used as an initiator in most of the pharmaceuticals production. It is one of the prominent ingredients in pesticides and insecticides. The change in agricultural land use pattern demands fertilizer usage for increased productivity and better crop yield, which gives rise to the sodium amide market.

Regional Analysis

The Global Sodium Amide Market is geographically segregated into five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia Pacific is the fastest growing economy that uses a significant amount of sodium amide for the preparation of indigo dyes in the textiles. Countries such as China, India, and Japan are the major contributors to this industry. However, the changing trends need constant adaption of the new technologies. Further, the use of Sodium Amide for hydrazine production is also boosting the growth of the Asia Pacific market due to significant production of hydrazine. Countries like Canada, South Korea, Ukraine, and Moldova are also some of the important regions.

Countries such as China and India The growth of the Sodium Amide Market.

The US has reached the global market share of Sodium Amide.

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