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Sodium permanganate is a purplish-colored, inorganic salt compound, which is primarily available in aqueous form as a monohydrate. It is miscible in water, ether, ethanol, and liquid chlorine. Sodium permanganate offers high concentration of permanganate ions. Owing to high solubility in water, it is used for etching of plastic parts, as etching requires high concentration of permanganate ions. Sodium permanganate is also used for water treatment and soil treatment, as it is capable of degrading phenols, BTEX, chlorinated ethenes, and PAHS and removing hydrogen sulfide. Moreover, since it readily dissolves in water, it is used in water treatment plants, for controlling the odor and taste issues. It is often used as an oxidizing agent in the manufacture of chemical intermediates. Other uses of sodium permanganate include metal surface treatment and metal cleaning. Sodium permanganate is a strong and better substitute for potassium chloride, in terms of chemical properties such as miscibility and chemical reactivity. However, it is comparatively costlier to produce.

Sodium permanganate is available globally in 40% and 20% solution forms. The 40% solution is primarily used in electronics and for synthesis of fine chemicals, which requires concentrated permanganate solution. It is also used to manufacture toluene saccharin and refine O-toluene sulfonamide. The 20% solution is primarily used for purification of drinking water. It helps in regulating the taste and odor of water. Furthermore, the 20% solution is used for iron and manganese reduction, color reduction, and radium reduction. Other general uses of sodium permanganate include its application as an oxidant, fungicide, disinfectant, and phosphorous antidote. Usage of sodium permanganate solution as an etchant in printed circuitry is one of its most popular applications.

Rising need for water treatment is projected to boost the demand for sodium permanganate during the forecast period. However, presence of a number of substitutes such as potassium permanganate and activated alumina for water treatment is expected to hamper the demand for sodium permanganate in the near future. However, its use as an etchant in printed plastic circuitry is anticipated to open new avenues for the sodium permanganate market.

In terms of geography, the global sodium permanganate market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is likely to lead the market, due to the growing chemical industry in emerging economies such as China and India, as sodium permanganate is infamously used for the production of chemical intermediates. High consumption of sodium permanganate in Asia Pacific is also driven by increasing need for water treatment in the region. China is the leading manufacturer of sodium permanganate across the world. The sodium permanganate market in North America and Europe is expected to expand moderately during the forecast period, due to  availability of substitutes. The market in Latin America and Middle East & Africa is projected to expand at a sluggish rate during the forecast period for industrial applications, owing to comparatively expensive nature of sodium permanganate. However, increasing demand for water treatment is estimated to be a major driver for the sodium permanganate market in Middle East & Africa.

Some of the key players in the sodium permanganate market include Carus Group Inc., Hepure, Changsha Yonta Industry Co., Ltd., Nanjing Kaimubo Pharmatech Company Limited, RennoTech Co., Ltd., Aurora Fine Chemicals, Chongqing Changyuan Group Limited, Kingsfield Inc., and Guangdong Hangxin Technology Co., Ltd. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Sodium Permanganate Market

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