What is Sarcosine Sodium Market?
Sarcosine, is also called as N-methyl glycine, is an intermediate and by-product in glycine synthesis and degradation. It is an amino acid derivative that is naturally found in muscles and other body tissues. In the laboratory, it may be synthesized from chloroacetic acid and methylamine. Sarcosine is used as adjunctive therapy of schizophrenia. Sarcosine has also improved psychotic and depressive symptoms in patients with schizophrenia.
The market study is being classified by Type (30% Purity, 35% Purity and 40% Purity), by Application (Pharmaceutical Industry, Organic Synthesis and Household Chemicals) and major geographies with country level break-up.
BASF (Germany), Parchem fine & specialty chemicals (United States), BGC (United States), Fengchen Group Co., Ltd (China), Zhonglan Industry (China), Shandong Qilu Petrochemical (China), Poly Science (United States), Jiangsu Yuanyang Pharmaceutical (China) and MP biomedicals (India) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that China Vendors will contribute to the maximum growth of Global Sarcosine Sodium market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Sarcosine Sodium market by Type, Application and Region.
On the basis of geography, the market of Sarcosine Sodium has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Wide Range of Applications Such as Pharmaceutical Industry, Organic Synthesis, and Household Chemicals
Market Trend
- Increased Demand of Sarcosine Sodium in Various End Use Industries
Restraints
- Stringent Government Regulations
Opportunities
- Increased Research and Development Activities
Challenges
- Limited Number of Manufacturers for Sarcosine Sodium
Market Leaders and some development strategies
On January 2020, BASF closed the acquisition of Solvay’s polyamide. This acquisition broadens BASF’s polyamide capabilities with innovative and well-known products such as Technyl.
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organizations and Others