Sodium Tungstate Market - Forecast(2021 - 2026)
Sodium Tungstate Market Overview Sodium Tungstate market size is forecast to reach US$1.1 billion by 2026, after growing at a CAGR of 2.3% during 2021-2026. Sodium tungstate (Na2WO4), also known as sodium wolframate and disodium tetraoxotungstate is an inorganic compound with the formula Na2WO4. Tungsten ores are treated with sodium compounds such as sodium hydroxide or sodium carbonate to produce them. It's a white solid with a crystalline structure and a water-soluble nature. It's used in the epoxidation of alkenes and the oxidation of alcohols to aldehydes or ketones as a catalyst and also as fuel cell electrode material. It's also used to test serum protein and serum protein-free filtrate, as an alkaloid precipitating agent, and to make metal tungsten, tungstate, tungsten oxide, waterproof fabric, and fireproof fabric. Increased demand for tungstate as an antidiabetic and anti-obesity agent in the rapidly growing medical industry is propelling the global sodium tungstat...