Sodium Ferrocyanide Market
Sodium Ferrocyanide Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Sodium Ferrocyanide Market Size and Growth
The Sodium Ferrocyanide market is experiencing steady growth, driven by increasing applications in various industries, such as pharmaceuticals, food, and chemical manufacturing. The market size was valued at approximately USD 500 million in 2023, with a projected CAGR of 4.5% over the next five years, influenced by rising industrial demand and regulatory trends.
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Companies Covered (Covid 19 Impact Covered)
◍ Sichuan Lifeng Chemical
◍ Hebei Chengxin
◍ China Unis Chemical (Purple Chemical)
◍ Jincheng City Hongsheng Chemical
◍ UPL
◍ Hindusthan Chemicals Company
◍ GACL
◍ Imperial Chemical Corporation
The Sodium Ferrocyanide market features key players like Sichuan Lifeng Chemical, Hebei Chengxin, and UPL. These companies utilize sodium ferrocyanide in industries like agriculture and chemicals, enhancing its demand. Their innovations and production capacity growth stimulate market expansion. Sales figures for select companies include:
- UPL: $5 billion
- Hebei Chengxin: $1 billion
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Market Segmentation
By Application
Pigment
Pharmaceutical
Smelting
Chemical
Battery Material
Others
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By Product
Food Grade
Industrial Grade
Market Growth
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$ X Billion USD
