The Global Sodium Acetate Trihydrate & Sodium Acetate Anhydrous Market Growth Accelerated By Increasing Applications Across Industries

 

Sodium acetate trihydrate and sodium acetate anhydrous are useful chemicals with diverse applications in various industries such as textiles, coating, food and beverages, pharmaceutical, and others. They are used in dyeing applications, maintaining pH balance, de-icing, humidity control, and as a food additive. Sodium acetate trihydrate helps prevent freezing and acts as a humidifying agent, while sodium acetate anhydrous maintains pH.

The Global Sodium Acetate Trihydrate & Sodium Acetate Anhydrous Market Size is estimated to be valued at US$ 136.98 Bn in 2024 and is expected to exhibit a CAGR of 9.5% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

The increasing applications of sodium acetate trihydrate and sodium acetate anhydrous across industries such as textiles, food and beverages, pharmaceutical, and others is one of the key trends driving the growth of the market. Sodium acetate finds major usage as a pH buffer and humidifying agent in the textile industry. It is also widely used in coating applications. Moreover, sodium acetate is commonly utilized as a food additive to control acidity levels in packaged foods and beverages. The growing food and beverages industry globally is expected to boost the demand for sodium acetate over the forecast period.

Segment Analysis
The global sodium acetate trihydrate & sodium acetate anhydrous market is dominating by food & beverages sub-segment. Sodium acetate trihydrate is majorly used as a pH control and buffering agent in various food products like baked goods, candies etc. It maintains the acidity levels and shelf-life of the products. Further, the anhydrous form finds widespread applications in pharmaceutical industry as an analgesic.

Key Takeaways
The global sodium acetate trihydrate & sodium acetate anhydrous market is expected to witness high growth. The global Sodium Acetate Trihydrate & Sodium Acetate Anhydrous Market is estimated to be valued at US$ 136.98 Bn in 2024 and is expected to exhibit a CAGR of 9.5% over the forecast period 2024 to 2031.

Asia Pacific dominates the market and is expected to maintain its dominance during the forecast period. Factors such as increasing consumption of packaged food products and rising health awareness are fueling the demand in the region.

Key players related content comprises Key players operating in the sodium acetate trihydrate & sodium acetate anhydrous market are Abb, Niacet, Jost Chemicals, Allan Chemical Corporation, CABB GmbH, FBC Industries, NOAH Technologies Corporation, Changshu Nanhu Chemical, DDDWater LLC.

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