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

By Grade;

ACS Reagent Grade, Technical Grade, Grade I (99.5%), and Grade II (98.5%).

By Application;

Antidiabetic Agent, Anti-obesity Agent, Catalyst, Permanent Chemical Modifier, Fuel Cell Electrode Material, and Fire Proofing Agent.

By End-User;

Textile Industry, Chemical Industry, Metal Industry, Glass Industry, Medical Industry, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn551253126 Published Date: March, 2025 Updated Date: April, 2025

Introduction

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

In the year 2024, the Global Sodium Tungstate Market was valued at USD 1,156.20 million. The size of this market is expected to increase to USD 1,355.70 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 2.3%.

The global sodium tungstate market has experienced steady growth over the past decade, driven by its diverse applications across various industries. Sodium tungstate, a chemical compound composed of sodium and tungsten, finds extensive use in industries such as healthcare, mining, and chemical synthesis. In healthcare, it is utilized as a contrast agent in medical imaging procedures such as X-rays and CT scans, owing to its high-density properties. This application is crucial for accurate diagnosis in radiology and oncology.

Sodium tungstate plays a pivotal role in the mining industry, where it is employed as a flotation agent for separating valuable minerals from ores during extraction processes. Its effectiveness in mineral processing operations has contributed significantly to its demand among mining companies worldwide. Additionally, sodium tungstate serves as a catalyst in chemical reactions, particularly in organic synthesis and the production of specialty chemicals. Its ability to facilitate reactions under specific conditions makes it indispensable in the manufacturing of pharmaceuticals, polymers, and other industrial chemicals.

Asia Pacific emerges as a key region driving the growth of the sodium tungstate market, supported by the expanding industrial base in countries like China and India. These nations are major consumers of sodium tungstate due to their burgeoning healthcare infrastructure, increasing mining activities, and growing chemical manufacturing sectors. North America and Europe also represent significant markets for sodium tungstate, driven by advanced healthcare systems and robust industrial applications. As global industries continue to evolve, the demand for sodium tungstate is expected to grow, fueled by its versatile properties and essential role across diverse sectors.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Grade
    2. Market Snapshot, By Application
    3. Market Snapshot, By End-User
    4. Market Snapshot, By Region
  4. Global Sodium Tungstate Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand in Healthcare Sector
        2. Growing Mining Activities
        3. Rising Chemical Synthesis Applications
      2. Restraints
        1. Environmental Concerns
        2. Volatility in Tungsten Prices
        3. Competition from Alternative Materials
      3. Opportunities
        1. Technological Advancements
        2. Expansion in Emerging Markets
        3. Research and Development
    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 Tungstate Market, By Grade, 2021 - 2031 (USD Million)
      1. ACS Reagent Grade
      2. Technical Grade
      3. Grade I (99.5%)
      4. Grade II (98.5%)
    2. Global Sodium Tungstate Market, By Application, 2021 - 2031 (USD Million)
      1. Antidiabetic Agent
      2. Anti-obesity Agent
      3. Catalyst
      4. Permanent Chemical Modifier
      5. Fuel Cell Electrode Material
      6. Fire Proofing Agent
    3. Global Sodium Tungstate Market, By End-User, 2021 - 2031 (USD Million)
      1. Textile Industry
      2. Chemical Industry
      3. Metal Industry
      4. Glass Industry
      5. Medical Industry
      6. Others
    4. Global Sodium Tungstate 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
        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. Alfa Aesar
      2. Merck Millipore
      3. Sigma-Aldrich
      4. Fisher Scientific
      5. American Elements
  7. Analyst Views
  8. Future Outlook of the Market