Sodium Aluminum Hydride Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Sodium Aluminum Hydride Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

  • Transparency Market Research
  • Ongoing
  • Chemicals

Report Description

Sodium aluminum hydride (SAH), with the chemical formula NaAlH4, is commonly known as sodium alanate. It is a white colored solid crystal, used as a multipurpose reducing agent extensively for the reduction of non-functional groups such as amides, esters, aldehydes, nitriles, and ketones.

SAH is produced by reacting aluminum chloride with sodium hydride in tetrahydrofuran (THF). It is easily soluble in solvents such as 1.2-dimethoxyethane (DME) and THF. SAH solution is obtained by dissolving it in DME or THF, where THF is the preferred choice.

SAH reduces almost every kind of functional groups as efficiently as lithium aluminum hydride and diisobutylaluminium hydride to certain extend, which are strong reducing agents and are being used on a large scale in organic chemistry. The reduction reactions carried out by SAH can be associated with slight increase in temperature in order to achieve adequate results, this in turn can effectively help in reducing the cooling costs involved in reactions at commercial scale. 

Market Trends

SAH is used for the preparation of other chemicals by the process of reduction. It carries out efficient reduction compared to other reducing agents such as sodium borohydride. SAH has weaker and polar Al-H bonds compared to the B-H bonds of sodium borohydride.

The low cost and easy handling of SAH makes it a suitable alternative to lithium aluminum hydride in organic chemistry in the present day scenario.

SAH has recently achieved lot of recognition as an appropriate chemical for the purpose of storing hydrogen in fuel cells by incorporating titanium as a catalyst. Storage of hydrogen requires high pressure tank and/or the use of a solid substance in which hydrogen molecule can be easily absorbed. SAH satisfies the second criteria efficiently. Hence, it is widely used for storing hydrogen gas.

The SAH market is expected to grow in the near future due to its usage in applications which are essential in industrial processes.

SAH is highly inflammable and is vulnerable to moisture, hence does not react in dry air when placed in normal room temperature.  Special care must be taken for its storage and handling as it catches fire instantly once it is exposed to or when dissolved in water. SAH is toxic and causes acute effects such as irritation of the eyes and skin. It can even lead to coughing or sneezing if it is inhaled.

The usage of SAH in the market seems to overpower its drawbacks such as its toxicity and the storage precautions, leading to a steady growth of the market currently. 

Region-wise Outlook

The market for SAH is spread mostly in Asia Pacific, North America, and Europe. The use of SAH as a reagent for the synthesis of various compounds is an important factor for its market to flourish in these regions. The rate of industrialization is high as these regions have more developed as well as developing countries. China is one of the leading producers as well as consumers of sodium aluminum hydride currently owing to the presence of its high end-use applications.

In Middle East and Asia, the utilization of SAH for various applications is not as much as other regions due to the use of compounds which are similar to SAH (e.g., lithium aluminum hydride, sodium borohydride, etc.). 

Key Players

One of the major players operating in the market of sodium aluminum hydride is Albemarle Corporation headquartered in the U.S.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market    

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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