Global Sodium Permanganate Market is Expected to Reach 83.62 million USD by 2024

Description :

The global sodium permanganate market is valued at USD 61.92 million in 2017 and is expected to reach USD 83.62 million by the end of 2024, growing at the rate of 4.39% between 2017 and 2024, supported by rigid demand from downstream industries, such as Water Treatment, Electronics, Fine Chemicals & Pharmaceuticals and so on.
The major players in global Sodium Permanganate market include Carus, Nippon Chemical, Guangdong Hangxin, Chongqing Changyuan Chemical, etc.
Sodium permanganate is the inorganic compound with the formula NaMnO4. It is a purplish colored crystalline solid. Sodium permanganate is a more convenient and concentrated form of permanganate when used for electronics and organic oxidation of fine chemicals and pharmaceuticals. It is also an effective oxidant recommended for potable drinking water applications including iron removal, manganese removal, mercaptan odor control, color reduction, and radium reduction.
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Currently, Carus, Guangdong Hangxin and Chongqing Changyuan Chemical are the top producers in the industry. Guangdong Hangxin is the largest producer. In Europe and the United States, Carus and Guangdong Hangxin are the market leader. Nippon Chemical, Guangdong Hangxin and Chongqing Changyuan Chemical are leaders in the Asia Pacific market. In China, Guangdong Hangxin and Chongqing Changyuan Chemical have a strong competitive edge.
Sodium permanganate can be used in any application where potassium permanganate is used. However, because sodium permanganate, on a dry basis, is substantially more expensive than potassium permanganate, its uses are limited to those applications for which the customer is willing to pay a premium for sodium permanganate because of its advantages.
Global Sodium Permanganate Sales Market Report 2018 studies the Sodium Permanganate market status and outlook of global and major regions, from angles of players, regions, product types and end industries; this report analyzes the top players in global and major regions, and splits the Sodium Permanganate market by product type and applications/end industries.
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