According to the research report, “Sodium Peroxide Market: By Geography ( Americas, Europe, Asia-Pacific & RoW) – Forecast (2017-2025)”, published by IndustryARC, estimates that Asia-Pacific will registers significant growth during forecast period.
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Sodium peroxide is an inorganic compound which is used as an oxidizing agent. It reacts with carbon dioxide and produces oxygen and sodium carbonate which is useful in scuba gear, submarines, etc. It also known as sodium dioxide, solozone, disodium dioxide and disodium peroxide.
It is available in the form of a yellowish white colored granular solid which is odorless. It exists in the Sodium Peroxide Market, in various forms of hydrates and peroxyhydrates and also it can be dissolved in cold water. Basically it is used as a disinfectant, chemical in laboratories, bleaching agent and also in the production process of other chemicals. It is mostly and extensively used for industrial and formulation applications.
Scope & Regional Forecast of the Sodium Peroxide Market
Wide range of applications of sodium peroxide are the major key growth drivers for the Sodium Peroxide Market at present and also expected for the near future too. Sodium peroxide uses as a reagent in laboratories for quantitative analysis and also used for separation of manganese from cobalt, nickel and zinc. Hence the need for sodium peroxide is being increased, which gives great demand for the market of sodium peroxide.
The limitation like few hazardous and toxic effects of sodium peroxide and irritation causes by it are the key factors that hinders the growth of the Sodium Peroxide Market. But, rising demand for sodium peroxide from submarines and scuba gears driving significant growth for the market.
Americas witnessing a steady growth and expected to register till the end of the forecast period. Asia-Pacific is the developing region for Sodium Peroxide Market as the sodium peroxide is an efficient bleaching agent which is useful in textile and paper industry. Emerging nations like India, China and Japan are expected to register significant growth during the forecast period.
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Segmentations & Key Players Involved in the Sodium Peroxide Market
The Sodium Peroxide Market can be broken down into various segmentations on the basis of –
Region: Americas, Europe, Asia-Pacific and Rest of the World.
Some of the key players involved in the Sodium Peroxide Market are as follows:
Ruike Chemical Company Limited
Beijing Universal Century Technology Co., Ltd
Tianjin Kemiou Chemical Reagent Co., Ltd
Why buy this report?
* The overall market has been consolidated from the perspective of different geographic locations and key economies for this market.
* Identifies growth sectors and factors driving or constraining the market.
* The market is analyzed based on the key attributes such as the power in the hands of producers and consumers, analysis on the degree of competition, and threats from substitutes and new entrants.
* The study includes the demand of this particular market on a global and regional scale for a eight year period of 2017 – 2025, to assess how the market will develop.
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