Sodium Tungstate Market

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Sodium Tungstate MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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• Sodium Tungstate market size is forecast to reach
  US1.1 billion by 2026, after growing at a CAGR
  of 2.3 during 2021-2026. Sodium tungstate
  (Na2WO4), also known as sodium wolframate and
  disodium tetraoxotungstate is an inorganic
  compound with the formula Na2WO4..
• Tungsten ores are treated with sodium compounds
  such as sodium hydroxide or sodium carbonate to
  produce them. It's a white solid with a
  crystalline structure and a water-soluble nature.
  It's used in the epoxidation of alkenes and the
  oxidation of alcohols to aldehydes or ketones as
  a catalyst and also as fuel cell electrode
  material.

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• Key Takeaways
• North America dominates the sodium tungstate
  market. The escalating chemical, medical and
  textile industry in North America is expected to
  benefit the sodium tungstate industry growth in
  the region.
• The global diabetes prevalence in 2019 is
  estimated to be 9.3 (463 million people), rising
  to 10.2 (578 million) by 2030 and 10.9 (700
  million) by 2045. This increase in diabetes
  patients will bolster the growth of the sodium
  tungstate market as it is being used as an
  anti-diabetic agent.

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By Distribution Channel- Segment Analysis North
America region held the largest share in the
sodium tungstate market in 2020 up to 37 and is
estimated to grow at a CAGR of 5.2 during
2021-2026. The textile, chemical, and medical
industry is flourishing in the region, which is
accelerating the demand for sodium tungstate in
the region. .
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Sodium Tungstate Market Landscape

• Kat-Chem Ltd
• Ganzhou Grand Sea W Mo Group Co.
• Ltd, Yuanhang Tungsten
• Hcstarck
• Taizhou BangDe
• Ningxiang Changyi
• Alpha Chem
• Nova Oleochem

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Sodium Tungstate Market - Forecast (2022 -
2027) Learn More About the Report _at_
https//www.industryarc.com/Research/Sodium-Tungs
tate-Market-Research-501533
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• Analyst Briefing
• Data Tables
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