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Sodium Alginates Market

Global Sodium Alginates Market Size, Price, Report: By Application: Stabilizer, Thickener, Gelling Agent, Emulsifier, Others; By End Use: Food and Beverage, Pharmaceuticals, Textile, Pulp and Paper, Coating, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Value Chain Analysis; Price Analysis; Competitive Landscape; 2024-2032

Global Sodium Alginates Market Outlook

The global sodium alginates market is expected to grow at a CAGR of 4% in the forecast period of 2024-2032 to reach a value of approximately USD 274.58 million by 2032.

 

Sodium Alginates Market

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Europe to Provide Enhanced Growth Opportunities for the Sodium Alginates Industry Expansion

Europe is expected to provide significant growth opportunities for the expansion of the sodium alginates industry in the forecast period. The growth can be attributed to the thriving textile industry in the region, which accounts for a significant share of the global textile industry. For manufacturers and distributors, the region is likely to remain an attractive market due to the growing product demand from various end-use industries, particularly textiles. Textile and printing and dyeing industries are emerging as leading consumers of the product, while the stringent safety regulations regarding its utilisation in food and pharmaceutical applications are impeding the growth of the food-grade sodium alginates. Meanwhile, the Asia Pacific is expected to witness a steady growth owing to the increasing demand for sodium alginates in emerging economies like China and India. The low cost of raw materials, the growing textile industry, and the burgeoning growth of the food and pharmaceutical sector are boosting the product demand in the region.

 

Sodium Alginates Market by Application

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Sodium Alginates: Market Segmentation

Sodium alginate is a gum mainly extracted from the cell walls of brown algae. It is the sodium salt of alginic acid and is represented by the formula NaC6H7O6. It has good chelating properties. Many of the Phaeophyceae class brown seaweeds are harvested across the world to be processed and converted into sodium alginate. Sodium alginate has applications in many industries, including food, animal food, textile printing, pharmaceuticals, and others.

The major applications of sodium alginates include:

  • Stabilizer
  • Thickener
  • Gelling Agent
  • Emulsifier
  • Others

Based on end uses, the industry can be segmented into:

  • Food and Beverage
  • Pharmaceuticals
  • Textile
  • Pulp and Paper
  • Coating
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Sodium Alginates Market by Region

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Increasing Demand from New End Use Sectors, Particularly Textile, to Propel the Sodium Alginates Industry Growth

Sodium alginate is used as a thickener and emulsifier in food as well as pharmaceutical industries, and both the sectors occupy a significant share of the total market value. However, the demand for food grade sodium alginate in expected to decrease in the coming years owing to the availability of safer alternatives like natural gums, corn starch, and others. Thus, the sodium alginate manufacturers are turning to other end-use sectors and are developing the product for use in a wide range of applications. The rising demand for technical grade sodium alginate, particularly from textile, and pulp and paper industries are significantly contributing to the industry growth. Within the textile industry, sodium alginate serves as an integral ingredient for use in various procedures like warp sizing and dyeing pastes. The growing demand for bio-based fibres and favourable chemical properties of sodium alginate, which are superior to starch, are driving the demand for the product in the textile industry. Moreover, the rapid technological advancements and growing R&D activities are expected to further aid the industry growth in the forecast period.

 

Key Industry Players in the Global Sodium Alginates Market

The report gives a detailed analysis of the following key players in the global sodium alginates market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • J. Rettenmaier & Söhne GmbH + Co KG
  • KIMICA Corporation
  • Zibo Wangfei Seaweed Tech. Co., Ltd.
  • Qingdao Gfuri Seaweed Industrial Co., Ltd.
  • Meron Group
  • SNP, Inc.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Application
  • End Use
  • Region
Breakup by Application
  • Stabilizer
  • Thickener
  • Gelling Agent
  • Emulsifier
  • Others
Breakup by End Use
  • Food and Beverage
  • Pharmaceuticals
  • Textile
  • Pulp and Paper
  • Coating
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • J. Rettenmaier & Söhne GmbH + Co KG
  • KIMICA Corporation
  • Zibo Wangfei Seaweed Tech. Co., Ltd.
  • Qingdao Gfuri Seaweed Industrial Co., Ltd.
  • Meron Group
  • SNP, Inc.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Sodium Alginates Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Sodium Alginates Historical Market (2018-2023) 
    8.3    Global Sodium Alginates Market Forecast (2024-2032)
    8.4    Global Sodium Alginates Market by Application
        8.4.1    Stabilizer
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Thickener
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Gelling Agent
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Emulsifier
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Others
    8.5    Global Sodium Alginates Market by End Use
        8.5.1    Food and Beverage
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Pharmaceuticals
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Textile
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Pulp and Paper
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Coating
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Others
    8.6    Global Sodium Alginates Market by Region       
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032)
9    North America  Sodium Alginates Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Sodium Alginates Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Sodium Alginates Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Sodium Alginates Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Sodium Alginates Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis

    16.1    North America Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.2    Europe Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.3    Asia Pacific Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.4    Latin America Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.5    Middle East & Africa Historical Price Trends (2018-2023) & Forecast (2024-2032)
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    J. Rettenmaier & Söhne GmbH + Co KG
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    KIMICA Corporation
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Zibo Wangfei Seaweed Tech. Co., Ltd.
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Qingdao Gfuri Seaweed Industrial Co., Ltd.
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Meron Group
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications
        17.2.6    SNP, Inc.
            17.2.6.1    Company Overview
            17.2.6.2    Product Portfolio
            17.2.6.3    Demographic Reach and Achievements
            17.2.6.4    Certifications
        17.2.7    Others
18    Key Trends and Developments in the Market

 

Additional Customisations Available

1.    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operations Involved
2.    Project Requirements and Cost Analysis
    2.1    Land, Location, and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investments

 

List of Key Figures and Tables

1.    Global Sodium Alginates Market: Key Industry Highlights, 2018 and 2032
2.    Global Sodium Alginates Historical Market: Breakup by Application (USD Million), 2018-2023
3.    Global Sodium Alginates Market Forecast: Breakup by Application (USD Million), 2024-2032
4.    Global Sodium Alginates Historical Market: Breakup by End Use (USD Million), 2018-2023
5.    Global Sodium Alginates Market Forecast: Breakup by End Use (USD Million), 2024-2032
6.    Global Sodium Alginates Historical Market: Breakup by Region (USD Million), 2018-2023
7.    Global Sodium Alginates Market Forecast: Breakup by Region (USD Million), 2024-2032
8.    North America Sodium Alginates Historical Market: Breakup by Country (USD Million), 2018-2023
9.    North America Sodium Alginates Market Forecast: Breakup by Country (USD Million), 2024-2032
10.    Europe Sodium Alginates Historical Market: Breakup by Country (USD Million), 2018-2023
11.    Europe Sodium Alginates Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Asia Pacific Sodium Alginates Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Asia Pacific Sodium Alginates Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Latin America Sodium Alginates Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Latin America Sodium Alginates Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Middle East and Africa Sodium Alginates Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Middle East and Africa Sodium Alginates Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    North America Historical Price Trends and Forecast 2018-2032
19.    Europe Historical Price Trends and Forecast 2018-2032
20.    Asia Pacific Historical Price Trends and Forecast 2018-2032
21.    Latin America Historical Price Trends and Forecast 2018-2032
22.    Middle East and Africa Historical Price Trends and Forecast 2018-2032
23.    Global Sodium Alginates Market Structure

Key Questions Answered in the Report

The global sodium alginates market is projected to grow at a CAGR of 4% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 274.58 million by 2032.

The major drivers of the industry, such as rising disposable incomes, increasing population, rising demand for food grade sodium alginate, low cost of raw materials, increasing product demand from various end-use industries, rising textile industry, and robust growth of the food and pharmaceutical sector, are expected to aid the market growth.

The key market trends guiding the growth of the market include the rising demand for bio-based fibres, rapid technological advancements, and increasing R&D activities.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading application segments in the market are stabilizer, thickener, gelling agent, and emulsifier, among others.

The major end use sectors in the industry are food and beverage, pharmaceuticals, textile, pulp and paper, and coating, among others.

The major players in the industry are J. Rettenmaier & Söhne GmbH + Co KG, KIMICA Corporation, Zibo Wangfei Seaweed Tech. Co., Ltd., Qingdao Gfuri Seaweed Industrial Co., Ltd., Meron Group, and SNP, Inc., among others.

Analyst Review

The global sodium alginates market is being driven by the rising textile industry. Aided by rapid technological advancements, the market is expected to witness a moderate growth in the forecast period of 2024-2032, growing at a CAGR of 4%. The market is projected to reach USD 274.58 million by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on application, the market is divided into stabilizer, thickener, gelling agent, and emulsifier, among others. By end use, the industry is segmented into food and beverage, pharmaceuticals, textile, pulp and paper, and coating, among others. The major regional markets for sodium alginates are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include J. Rettenmaier & Söhne GmbH + Co KG, KIMICA Corporation, Zibo Wangfei Seaweed Tech. Co., Ltd., Qingdao Gfuri Seaweed Industrial Co., Ltd., Meron Group, and SNP, Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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