Global Sodium Borohydride Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Powder Type, Granule Type, Solution Type, and Pellets Type

By End User;

Pharmaceuticals, Pulp & Paper, Metal Recovery, Textiles, Organic Chemical Purification, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn799386186 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Sodium Borohydride Market (USD Million), 2021 - 2031

In the year 2024, the Global Sodium Borohydride Market was valued at USD 1,926.04 million. The size of this market is expected to increase to USD 2,839.17 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.7%.

The global sodium borohydride market is experiencing significant growth due to its wide range of applications across various industries. Sodium borohydride, a powerful reducing agent, is extensively used in pharmaceuticals, pulp and paper, textiles, and waste treatment processes. Its ability to reduce metal ions and organic compounds makes it indispensable in the synthesis of various chemicals and intermediates. Additionally, its role in the pharmaceutical industry, particularly in the production of antibiotics and other critical drugs, further propels its demand.

In the pulp and paper industry, sodium borohydride plays a crucial role in the bleaching process, enhancing the quality of paper while reducing environmental impact. The textile industry also benefits from sodium borohydride's reducing properties, which are used in dyeing processes to achieve vibrant and long-lasting colors. Moreover, the compound's effectiveness in treating industrial wastewater by reducing heavy metal ions and other contaminants highlights its importance in environmental management.

The increasing demand for sodium borohydride in various end-use industries is driven by the need for efficient and eco-friendly chemical processes. With advancements in production technologies and increasing investments in research and development, the market is poised for substantial growth. Furthermore, the growing awareness regarding sustainable practices and stringent environmental regulations are expected to boost the adoption of sodium borohydride in several applications, ensuring its steady market expansion in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By End User
    3. Market Snapshot, By Region
  4. Global Sodium Borohydride Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Pharmaceutical industry growth
        2. Pulp and paper
        3. Environmental regulations
        4. Industrial wastewater treatment
      2. Restraints
        1. High production costs
        2. Safety concerns
        3. Raw material availability
        4. Regulatory challenges
      3. Opportunities
        1. Emerging markets expansion
        2. Technological advancements
        3. Sustainable practices adoption
        4. Waste management solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Sodium Borohydride Market, By Type, 2021 - 2031 (USD Million)
      1. Powder Type
      2. Granule Type
      3. Solution Type
      4. Pellets Type
    2. Global Sodium Borohydride Market, By End User, 2021 - 2031 (USD Million)
      1. Pharmaceuticals
      2. Pulp & Paper
      3. Metal Recovery
      4. Textiles
      5. Organic Chemical Purification
      6. Others
    3. Global Sodium Borohydride Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Kemira
      2. Vertellus Specialty Materials
      3. Montgomery Chemicals
      4. Zhangjiagang City Jinyuan Biochemical Co., Ltd.
      5. Shaanxi Hanjiang Pharmaceutical Group Co., Ltd
      6. Nantong Hongzhi Chemical Co., Ltd.
      7. Shandong Guobang Pharmaceutical Co., Ltd.
      8. Anhui Jin'ao Chemical Co., Ltd.
      9. Jiangsu Huachang Chemical Co., Ltd
  7. Analyst Views
  8. Future Outlook of the Market