Outlook on the Sodium Nitrate Global Market to 2027 - Pharmaceuticals Segment to Record 11.1% CAGR - ResearchAndMarkets.com
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Thursday, November 10, 2022
The global market for Sodium Nitrate estimated at US$94 Million in the year 2020 is projected to reach a revised size of US$133.8 Million by 2027, growing at a CAGR of 5.2% over the analysis period 2020-2027.
Key Points:
- The global market for Sodium Nitrate estimated at US$94 Million in the year 2020 is projected to reach a revised size of US$133.8 Million by 2027, growing at a CAGR of 5.2% over the analysis period 2020-2027.
- Industrial, one of the segments analyzed in the report, is projected to record a 4.5% CAGR and reach US$113 Million by the end of the analysis period.
- Taking into account the ongoing post pandemic recovery, growth in the Food segment is readjusted to a revised 9.2% CAGR for the next 7-year period.
- In the global Pharmaceuticals segment, USA, Canada, Japan, China and Europe will drive the 11.1% CAGR estimated for this segment.