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Base Year
Historical Year
Forecast Year
The global sodium gluconate market is expected to be aided by the growth of the gluconic acid market growth, which is expected to grow at a CAGR of 5% in the forecast period of 2024-2032.
Global Sodium Gluconate Market Report Summary | Description | Value |
Base Year | USD Million | 2023 |
Historical Period | USD Million | 2018-2023 |
Forecast Period | USD Million | 2024-2032 |
Market Size 2023 | USD Million | XX |
Market Size 2032 | USD Million | XX |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 5.0% |
CAGR 2024-2032 - Market by Region | Asia Pacific | 5.7% |
CAGR 2024-2032 - Market by Country | China | 5.5% |
CAGR 2024-2032 - Market by Country | Mexico | 5.1% |
CAGR 2024-2032 - Market by Grade | Pharma | 5.6% |
CAGR 2024-2032 - Market by Application | Food and Beverage | 5.4% |
Market Share by Country 2023 | France | 3.5% |
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Region-wise, the Asia Pacific region is a significant market for sodium gluconate. This can be attributed to the high demand for the product from the construction industry, especially from China, which exhibits a major share in the market both as a producer and a consumer and is expected to retain its hold in the market in the forecast period as well. India and Japan are expected to push the market growth for sodium gluconate in the coming years due to growing demand. North America is also another significant market for sodium gluconate as it is used in various industries in the region, such as metal cleaning, textile, and more. In the forecast period, Europe is expected to grow and witness an expansion in the market over the forecast period owing to the rising demand for the product from several manufacturing sectors. The overall growth of the sodium gluconate industry is expected to increase in the forecast period.
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Sodium gluconate is the salt of gluconic acid. It is a white powder, which is odourless and dissolves in water and is used as a chelating agent in various applications such as alumina dyeing, cement, and plating industries. The chemical is also used as a surface cleaning agent. Further, in water treatment, it is used as a softener.
On the basis of grade, the market is divided into:
CAGR 2024-2032 - Market by | Grade |
Pharma | 5.6% |
Industrial | 4.8% |
Food | XX% |
Based on application, the industry can be segmented into:
CAGR 2024-2032 - Market by | Application |
Food and Beverage | 5.4% |
Water Treatment | 5.2% |
Construction | XX% |
Pharmaceuticals | XX% |
Textiles | XX% |
Others | XX% |
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
CAGR 2024-2032 - Market by | Region |
Asia Pacific | 5.7% |
Europe | 4.4% |
North America | XX% |
Latin America | XX% |
Middle East and Africa | XX% |
CAGR 2024-2032 - Market by | Country |
China | 5.5% |
Mexico | 5.1% |
UK | 4.7% |
USA | 4.6% |
France | 4.0% |
Canada | XX% |
Germany | XX% |
Italy | 3.6% |
India | XX% |
Australia | XX% |
Saudi Arabia | XX% |
Brazil | XX% |
Japan | 3.4% |
2023 Market Share by | Country |
France | 3.5% |
USA | XX% |
Canada | XX% |
UK | XX% |
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The market for sodium gluconate is primarily driven by the construction and industrial sectors. Further, it is used within the textile industry in degreasing and cleaning fibres, and as a sequestrant for metal ions. Thereby, the rising demand from the textile industry is aiding the market growth. Moreover, the product is also used as a plasticizer and retardant in the construction industry; as a result, the growing demand within this sector is enhancing the overall growth of the sodium gluconate industry. Lucrative opportunities for the product within the construction industry are expected to push the market growth for sodium gluconate in the forecast period. However, the market may face a major constraint in the form of higher manufacturing costs in the coming years.
The report gives a detailed analysis of the following key players in the global sodium gluconate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Grade |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 5% between 2024 and 2032.
The major drivers of the market include the growing demand for sodium gluconate in the construction sector, the extensive uses of sodium gluconate in various applications like textiles and metal cleaning, and the rising demand for sodium gluconate in manufacturing activities.
The key trends guiding the market include the growing adoption of sodium gluconate as a plasticiser and retardant in the construction sector and the increasing use of sodium gluconate in cleaning and degreasing fibres.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading grades of sodium gluconate in the market are industrial, food, and pharma.
Food and beverage, construction, pharmaceuticals, textile, and water treatment, among others, are the major applications of sodium gluconate.
The major players in the market are Roquette Frères, Jungbunzlauer Suisse AG, Airedale Chemical Company Limited, PMP Fermentation Products, Inc., Xiwang Group Co. Ltd., and Amorphos Chemicals Pvt. Ltd., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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