A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Sodium
Permanganate
Market. The
study, titled “Sodium
Permanganate Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Sodium
permanganate is a purplish-colored, inorganic salt compound, which is
primarily available in aqueous form as a monohydrate. It is miscible
in water, ether, ethanol, and liquid chlorine. Sodium permanganate
offers high concentration of permanganate ions. Owing to high
solubility in water, it is used for etching of plastic parts, as
etching requires high concentration of permanganate ions. Sodium
permanganate is also used for water treatment and soil treatment, as
it is capable of degrading phenols, BTEX, chlorinated ethenes, and
PAHS and removing hydrogen sulfide. Moreover, since it readily
dissolves in water, it is used in water treatment plants, for
controlling the odor and taste issues. It is often used as an
oxidizing agent in the manufacture of chemical intermediates. Other
uses of sodium permanganate include metal surface treatment and metal
cleaning. Sodium permanganate is a strong and better substitute for
potassium chloride, in terms of chemical properties such as
miscibility and chemical reactivity. However, it is comparatively
costlier to produce.
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Sodium
permanganate is available globally in 40% and 20% solution forms. The
40% solution is primarily used in electronics and for synthesis of
fine chemicals, which requires concentrated permanganate solution. It
is also used to manufacture toluene saccharin and refine O-toluene
sulfonamide. The 20% solution is primarily used for purification of
drinking water. It helps in regulating the taste and odor of water.
Furthermore, the 20% solution is used for iron and manganese
reduction, color reduction, and radium reduction. Other general uses
of sodium permanganate include its application as an oxidant,
fungicide, disinfectant, and phosphorous antidote. Usage of sodium
permanganate solution as an etchant in printed circuitry is one of
its most popular applications.
Rising
need for water treatment is projected to boost the demand for sodium
permanganate during the forecast period. However, presence of a
number of substitutes such as potassium permanganate and activated
alumina for water treatment is expected to hamper the demand for
sodium permanganate in the near future. However, its use as an
etchant in printed plastic circuitry is anticipated to open new
avenues for the sodium permanganate market.
In
terms of geography, the global sodium permanganate market has been
segmented into North America, Europe, Asia Pacific, Latin America,
and Middle East & Africa. Asia Pacific is likely to lead the
market, due to the growing chemical industry in emerging economies
such as China and India, as sodium permanganate is infamously used
for the production of chemical intermediates. High consumption of
sodium permanganate in Asia Pacific is also driven by increasing need
for water treatment in the region. China is the leading manufacturer
of sodium permanganate across the world. The sodium permanganate
market in North America and Europe is expected to expand moderately
during the forecast period, due to availability of substitutes. The
market in Latin America and Middle East & Africa is projected to
expand at a sluggish rate during the forecast period for industrial
applications, owing to comparatively expensive nature of sodium
permanganate. However, increasing demand for water treatment is
estimated to be a major driver for the sodium permanganate market in
Middle East & Africa.
Some
of the key players in the sodium permanganate market include Carus
Group Inc., Hepure, Changsha Yonta Industry Co., Ltd., Nanjing
Kaimubo Pharmatech Company Limited, RennoTech Co., Ltd., Aurora Fine
Chemicals, Chongqing Changyuan Group Limited, Kingsfield Inc., and
Guangdong Hangxin Technology Co., Ltd.
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to view Sample Report:
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
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