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Sodium Alginate Price History and Forecast Analysis | Procurement Resource

The cost of Sodium Alginate is intricately linked to the availability of seaweed, especially in Asia where a lot of seaweed is produced. In the beginning of 2023, supply faced obstacles due to harsh weather—irregular rainfall and typhoons—which hiked up the expenses in producing Sodium Alginate. At the same time, industries such as pharmaceuticals and textiles showed less demand, causing further ups and downs in the market.

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Definition

Sodium Alginate is a natural polysaccharide extracted from brown seaweed, such as kelp. It is a white or pale yellow powder with a wide range of applications in various industries. Sodium Alginate is primarily known for its role in food and pharmaceuticals, where it serves as a thickening, gelling, and stabilizing agent. It is also used in textile printing and in the creation of dental impressions and wound dressings due to its biocompatibility and ability to absorb water.

Key Details About the Sodium Alginate Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Sodium Alginate in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The Sodium Alginate Prices, including India Sodium Alginate price, USA Sodium Alginate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting the Sodium Alginate Price Trend:

Sodium Alginate serves various crucial roles in different industries. Within food production, it functions as a thickener, stabilizer, and gelling agent, notably in items such as ice cream and salad dressings. In pharmaceuticals, it enables controlled drug release. Moreover, it holds importance in textile printing by forming a gel-like substance that prevents color bleeding during dyeing. Its biocompatibility and water-absorbing properties make it valuable in medical applications, such as wound dressings and dental impressions.

Key Players:

  • The JRS Group, Ltd
  • KIMICA Corporation
  • Maabarot Products Ltd
  • Ashland Inc.

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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