Industrial Grade Sodium Alginate
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Industrial Grade Sodium Alginate Market Size and Growth
The Industrial Grade Sodium Alginate market is witnessing significant growth, driven by increased demand in food, cosmetic, and pharmaceutical sectors. The global market size is projected to reach approximately USD 370 million by 2025, with a CAGR of around 5% as industries seek natural thickening and gelling agents for diverse applications.
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Companies Covered
(Covid 19 Impact Covered)
◍ SNP Inc.
◍ KIMICA Corporation
◍ SNAP Natural & Alginate Products
◍ Yitex Chemical
◍ Jiejing Group
◍ Gather Great Ocean Seaweed Industry
◍ Bright Moon Seaweed Group
◍ Allforlong Bio-Tech Company
The Industrial Grade Sodium Alginate Market features key players like SNP Inc., KIMICA Corporation, and Jiejing Group. These companies utilize sodium alginate in diverse applications, enhancing food, textile, and pharmaceutical industries. Their innovations and global reach drive market growth. Specific sales revenues include: SNP Inc. ~$50 million, KIMICA Corporation ~$40 million.
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Market Segmentation
By Application
Textile Industry
Paper Industry ◍ Coating ◍ Water Treatment ◍ Other
By Product
◍ 99% Purity
99.9% Purity
Other
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Market Growth
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$ X Billion USD
