Global Metam Sodium Sales Will Increase To 60067 MT In 2017
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Metam sodium industry is mainly concentrated in USA and China. Currently, there are many metam sodium products producing companies in the world metam sodium industry. The main market players are Limin Chemical, AMVAC, FMC Corporation and Kanesho. The sales of metam sodium will increase to 60067 MT in 2017 from 52435 MT in 2013 with CAGR rate of 3.46%. North America is the largest production and sales region with high application demand.
The global consumption value of metam sodium increases with the 4.31% average growth rate. Europe and North America are the major consumption regions due to the bigger demand of downstream applications. In 2017, these this region occupied 51.50% of the global consumption volume in total.
Metam sodium include many forms with different available content, the main content is 35% and 42%. With agricultural production effect of metam sodium, the downstream application industries will need more metam sodium products. So, metam sodium has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce good performance metam sodium through improving technology.
The major raw materials for metam sodium products are methylamine, carbon disulfide, sodium hydroxide and other auxiliary materials. Fluctuations in the price of the upstream product will impact on the production cost of metam sodium. The production cost of metam sodium is also an important factor which could impact the price of metam sodium.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. According to the economy development status, the price presents increasing trend from 2012 to 2017. And, there is decreasing trend in gross margin.