Sodium Gluconate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data

Sodium Gluconate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data

Report Format: PDF+Excel | Report ID: SR112024A22635
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Sodium Gluconate Prices December 2023

Product
Category Region Price
Sodium Gluconate Specialty Chemical China 517 USD/MT


In China, the sodium gluconate market faced a 7% decline in prices during Q4 2023, closing at 517 USD/MT FOB Qingdao. This trend was influenced by weak economic conditions and reduced demand from key sectors including construction. Although the manufacturing PMI showed some improvement, it did not significantly boost demand for sodium gluconate. The overall availability of the product in the market further pressured prices downward, reflecting the subdued market dynamics.

Sodium Gluconate Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Sodium Gluconate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of sodium gluconate pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of sodium gluconate at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of sodium gluconate price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing sodium gluconate price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Sodium Gluconate Price Trend

Sodium Gluconate Market Analysis

The global sodium gluconate market size reached US$ 625.2 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 867.8 Million, at a projected CAGR of 3.70% during 2023-2032.

  • Sodium gluconate is a highly effective chelating agent and is applied in fields such as construction, textile, pharmaceutical and the food and beverage industry. Its association with metal provides it with the cleaning effect required in products for household cleaning, water treatment, and concrete usage. 
  • Sodium gluconate faces huge demand from the ever-expanding construction sector around the world, especially that of the emerging countries. Cement is added to enhance the strength and lifespan of concrete blends, which play a critical role in construction activities.
  • Tougher environmental laws are leading industries to come-up with biodegradable and sustainable products. Sodium glutamate is non-toxic and also biodegradable; therefore, it is highly favored in detergents and water treatment over other environmentally friendly alternatives.
  • In the agricultural sector, sodium gluconate is being used as a soil conditioner and a nutrient absorber booster. Technologies of modern farming, such as higher crop yield and quality, privilege the adoption of precision agriculture. A study published in the international journal of information technology in 2023, reported that crop rotations incorporating legumes led to increased yields of subsequent cereal crops by up to 30%.
  • Sodium gluconate administered as a drug ingredient, or a medical chelating agent plays an essential role in the healthcare sector. The demand for biotechnology is supported by progress in healthcare infrastructure and a shift in the drug design to be more effective in its delivery.
  • The food industry implements sodium gluconate as an additive in the food industry to preserve and stabilize. From the prolonging shelf life to retaining the quality of food products, this underlines its importance especially where the food safety concerns are ever escalating.
  • Technological innovations in production technologies unlock the possibility of more efficient and cost-effective production of sodium gluconate, therefore this happens to be a more widely acceptable and available product for all sort of industrial applications.
  • The market growth of sodium gluconate in Asia-Pacific is due to the escalation in economic performance that causes industrial development and as a result the demand for sodium gluconate.

Sodium Gluconate News

The report covers the latest developments, updates, and trends impacting the global sodium gluconate market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in sodium gluconate production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the sodium gluconate price trend.

Latest developments in the sodium gluconate industry:

  • On 5th May 2023, Shandong Fuyang Biotechnology Co., Ltd. launched a new product, Erythritol, which is a 500g powdered natural sweetener/sugar replacement. The product has been received with great enthusiasm from the health-conscious consumers who are looking for an alternative to sugar that is not only natural but also has lower caloric content. Erythritol, as a zero-calorie sweetener, which acts as an ideal sugar substitute for use in a broad range of products such as baked goods, beverages, and confectionery.
  • On 08th December 2021, Roquette, an excipients and ingredients company based in France, has announced plans to open an Innovation Center in Pennsylvania.

Product Description

Sodium gluconate, a sodium salt of gluconic acid, is produced by fermenting glucose. It is white or white with particulate aggregation powder soluble in water including water. Sodium gluconate provides boundless chelating abilities with which it attaches itself to calcium, iron, and other metals, which provides for its utilization in various industries.

It is delivered to the textile and metal surface treatment plants where it serves as an agent for the protection of fibers and metal surfaces. This salt replaces sodium gluconate in the food industry where its ability to maintain the color and flavor of the food is enhanced with the help of its sequestering and preservative properties. Also, sodium gluconate can serve a safe chelating agent required in drugs as well as a stabilizing and conditioning agent used in personal care products. This material is naturally biodegradable and non-toxic, which ensures its efficient use in industrial applications.

Regional Coverage

The report provides a detailed analysis of the sodium gluconate market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the sodium gluconate price trend.

Global Sodium Gluconate Price

The report offers a holistic view of the global sodium gluconate pricing trends in the form of sodium gluconate price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of sodium gluconate but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed sodium gluconate demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Asia Pacific Sodium Gluconate Price

The fourth quarter of 2023 was challenging for the sodium gluconate market in the APAC region, marked by a bearish trend due to reduced demand from key sectors such as construction, textiles, and food and beverages. An economic slowdown in China, a major consumer of sodium gluconate, exacerbated the subdued demand. Ample product availability further pressured prices downward. Despite some improvements in manufacturing PMI, overall demand remained weak, particularly in the construction sector, impacting market prices negatively.

This sodium gluconate price analysis can be expanded to include a comprehensive list of countries within the region.

Region Countries Covered
Asia Pacific China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.


Europe Sodium Gluconate Price

European sodium gluconate prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.

This analysis can be extended to include detailed sodium gluconate price information for a comprehensive list of countries.

Region Countries Covered
Europe Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries.


North America Sodium Gluconate Price

The analysis of sodium gluconate prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.

Specific sodium gluconate historical data within the United States and Canada can also be provided.

Region Countries Covered
North America United States and Canada


Middle East and Africa Sodium Gluconate Price

The report explores the sodium gluconate pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on sodium gluconate prices for countries can also be provided.

Region Countries Covered
Middle East & Africa Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries.


Latin America Sodium Gluconate Price

The analysis of sodium gluconate prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Region Countries Covered
Latin America Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries.


Report Coverage

Key Attributes Details
Product Name Sodium Gluconate
Report Features Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Sodium Gluconate Price Analysis, and Segment-Wise Assessment.
Currency/Units US$ (Data can also be provided in local currency) or Metric Tons
Region/Countries Covered The current coverage includes analysis at the global and regional levels only. 
 
Based on your requirements, we can also customize the report and provide specific information for the following countries: 
 
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand*
 
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* 
 
North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru*

Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco*

*The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client.
Information Covered for Key Suppliers
  • Company Overview
  • Business Description
  • Product Portfolio
  • Recent Trends and Developments
Customization Scope The report can be customized as per the requirements of the customer
Report Price and Purchase Option

Plan A: Monthly Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Month
    • Forecast for Next Month
  • Total Deliverables Per Year: 12 (One Per Month)
  • Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year

Plan B: Quarterly Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Quarter
    • Forecast for Next Quarter
  • Total Deliverables Per Year: 4 (One Per Quarter)
  • Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year

Plan C: Biannually Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Half
    • Forecast for the Next Half
  • Total Deliverables Per Year: 2 (One Per 6 Months)
  • Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year
Post-Sale Analyst Support  360-degree analyst support after report delivery
Delivery Format PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) 


Key Benefits for Stakeholders:

  • IMARC’s report presents a detailed analysis of sodium gluconate pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
  • The study examines factors affecting sodium gluconate price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
  • The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
  • IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The sodium gluconate price charts ensure our clients remain at the forefront of the industry.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Sodium Gluconate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
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