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Global Sodium Borohydride Market is Expected to Reach $2,673.40Mn By 2027: Stratistics MRC

Sodium Borohydride - Global Market Outlook (2019 -2027)

Sodium Borohydride - Global Market Outlook (2019 -2027)

Stratistics MRC report, Sodium Borohydride Market Forecasts to 2027 – Global Analysis Application, Key Players, Types, End User and By Geography

MARYLAND, GAITHERSBURG, UNITED STATES, November 12, 2021 / -- According to Stratistics MRC, the Global Sodium Borohydride Market is accounted for $ 1,555.95 million in 2019 and is expected to reach $2,673.40 million by 2027 growing at a CAGR of 7.0% during the forecast period. Some of the factors such as upsurge demand in the textile and packaging industry and environmental sustainability of pulp-based packaging material for food products are propelling the market growth. However, side effects on human health and the high cost of sodium borohydride are hampering the market growth.

Based on the end user, the pulp and paper segment is likely to have a huge demand due to better use of tissue and other paper-based toiletries owing to rising awareness about personal hygiene and cleanliness. The reduction in stationary applications in digitally superior countries is offset by other trending applications such as packaging, household utensils, printing, etc.

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Some of the key players profiled in the Sodium Borohydride Market include Anhui Jin'ao Chemical Co., Ltd, Jiangsu Huachang Chemical Co., Ltd, Kemira, Montgomery Chemicals, Nantong Hongzhi Chemical Co., Ltd, Shaanxi Hanjiang Pharmaceutical Group Co., Ltd, Shandong Guobang Pharmaceutical Co., Ltd, Vertellus Specialty Materials, Zhangjiagang City Jinyuan Biochemical Co., Ltd., The Dow Chemical Company, Qingdao KYX, Guangxi Guilin Pharmaceutical, GreatAp-BLD, and JSC Aviabor.

Sodium Borohydride report provides an in-depth study and forecast about the industry covering the complete overview of the market that will assist convey clients and business-making strategies. The industry’s supply chain and market size, in terms of value, have been derived by extensive research methods. Our report enables readers to understand details of the market, latest trends, key drivers and constraints, opportunities, threats, volume and value forecasts, and various investment opportunities for manufacturers operating in the global and regional markets. Sodium Borohydride report also offers company profiling with detailed strategies, financials, key products, and recent developments along with SWOT analysis of profiled players and Porters five forces for deep insights.

This report offers market monitoring related to a particular area of clients interest and provides up to date information related to strategic initiatives like mergers, acquisitions, partnerships, expansions, product launches for leading companies on a regional scale depending on the clients subscription period for various industries or markets. Our data is constantly updated and revised by team of research experts so that it always reflects the recent trends and information. We have high experience in research and consulting for different business domains to provide to the necessities of both individual and corporate clients. Our experienced team uses proprietary data sources and different tools and methods to gather and analyze information.

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