Sodium Gluconate Market Forecast
Regional Forecast:
The sodium gluconate market in North America is expected to witness steady growth due to increasing use of the product in various industries such as food & beverages, pharmaceuticals, and construction. The United States and Canada are the key markets in this region, with a high demand for sodium gluconate in the construction sector for concrete admixtures and water treatment applications.
Asia Pacific:
In Asia Pacific, countries like China, Japan, and South Korea are expected to drive the growth of the sodium gluconate market. With rapid urbanization and industrialization in these countries, the demand for sodium gluconate is increasing in construction and pharmaceutical industries. China is the largest producer and consumer of sodium gluconate in the region.
Largest Region
Asia Pacific
37% Market Share in 2023
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Europe:
In Europe, the United Kingdom, Germany, and France are the key markets for sodium gluconate. The growing construction industry in these countries is expected to boost the demand for sodium gluconate for applications such as concrete admixtures. Additionally, the increasing use of sodium gluconate in pharmaceuticals and food & beverages industry is also contributing to the market growth in Europe.
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