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The global sodium borohydride market size is anticipated to register a significant CAGR of over 5% during the forecast period and estimated to reach over USD 2 billion by 2027. The high demand for the product from paper & pulp and the pharmaceutical industry is a major factor to drive the market growth. The increasing demand for paper in the packaging industry owing to its eco-friendly nature is further anticipated to boost the market growth over the forecast period. Furthermore, the increasing investment in the healthcare industry especially in vaccines and medical drugs is anticipated to inc
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Global Sodium Borohydride Market Global Sodium Borohydride Market By Type, By End-Use, By Region, Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027
Global Sodium Borohydride Market Market Synopsis: The global sodium borohydride market size is anticipated to register a significant CAGR of over 5% during the forecast period and estimated to reach over USD 2 billion by 2027. The high demand for the product from paper & pulp and the pharmaceutical industry is a major factor to drive the market growth. The increasing demand for paper in the packaging industry owing to its eco-friendly nature is further anticipated to boost the market growth over the forecast period. Furthermore, the increasing investment in the healthcare industry especially in vaccines and medical drugs is anticipated to increase the demand for sodium borohydride. However, the safety issues regarding chemical handling is expected to restrain the market growth.
Global Sodium Borohydride Market Research Methoddology:
Global Sodium Borohydride Market The Data Sodium Borohydride Market Segmentation: By Type: • Powder • Pellets • Solution • Granules By End-Use: • Pharmaceuticals • Pulp and Paper • Metal Recovery • Textiles • Organic Chemical Purification • Others
Global Sodium Borohydride Market By Region: • North America • Europe • Asia Pacific • Latin America • Middle East & Africa To know more about the study, make an inquiry before purchase @ https://www.researchcorridor.com/inquiry/?id=23371
Global Sodium Borohydride Market List of Key Companies: • Kemira • Montgomery Chemicals • Vertellus Specialty Materials • Nantong Hongzhi Chemical Co., Ltd • Zhangjiagang City Jinyuan Biochemical Co., Ltd. • Shandong Guobang Pharmaceutical Co., Ltd • Shaanxi Hanjiang Pharmaceutical Group Co., Ltd • Anhui Jin’ao Chemical Co., Ltd. • Jiangsu Huachang Chemical Co., Ltd • Ascensus, LLC.
Global Sodium Borohydride Market Media Contact: Company Name: Research CorridorContact Person: Mr. Vijendra SinghEmail: sales@researchcorridor.com Follow Us: