Sodium Borohydride Market

By Type;

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

By Grade;

Technical Grade, Pharmaceutical Grade, Electronic Grade, and Others

By Package Type;

Drums, Bags, Tubes, and Others

By End User;

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

By Geography;

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

Sodium Borohydride Market

Sodium Borohydride Market (USD Million)

Sodium Borohydride Market was valued at USD 1,926.04 million n the year 2024. 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%.


Sodium Borohydride Market

*Market size in USD million

CAGR 5.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.7 %
Market Size (2024)USD 1,926.04 Million
Market Size (2031)USD 2,839.17 Million
Market ConcentrationMedium
Report Pages306
1,926.04
2024
2,839.17
2031

Major Players

  • Kemira
  • Vertellus Specialty Materials
  • Montgomery Chemicals
  • Zhangjiagang City Jinyuan Biochemical Co., Ltd.
  • Shaanxi Hanjiang Pharmaceutical Group Co., Ltd
  • Nantong Hongzhi Chemical Co., Ltd.
  • Shandong Guobang Pharmaceutical Co., Ltd.
  • Anhui Jin'ao Chemical Co., Ltd.
  • Jiangsu Huachang Chemical Co., Ltd

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Sodium Borohydride Market

Fragmented - Highly competitive market without dominant players


The Sodium Borohydride Market is experiencing strong demand due to its role as a reducing agent in pharmaceuticals, wastewater treatment, and chemical synthesis. Adoption has increased by over 30%, with industries focusing on efficiency and sustainable chemical processes.

Key Drivers of Growth
The reliance on pharmaceutical synthesis drives market expansion, with nearly 40% of usage linked to drug production. Rising applications in water purification further support its growth, as industries prioritize cleaner and safer processes.

Technological Advancements
Innovations in catalytic production methods are reshaping the market. Approximately 25% of producers have shifted to advanced technologies that enhance efficiency and reduce waste, making Sodium Borohydride more accessible for high-value industries.

Innovation and Strategic Collaborations
Global players are emphasizing mergers, partnerships, and R&D to strengthen their portfolios. Around 35% of companies have invested in collaborative projects that enhance synthesis applications and expand their competitive presence.

  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 Grade
    3. Market Snapshot, By Package Type
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. 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. Sodium Borohydride Market, By Type, 2021 - 2031 (USD Million)
      1. Powder Type
      2. Granule Type
      3. Solution Type
      4. Pellets Type
    2. Sodium Borohydride Market, By Grade, 2021 - 2031 (USD Million)

      1. Technical Grade

      2. Pharmaceutical Grade

      3. Electronic Grade

    3. Sodium Borohydride Market, By Package Type, 2021 - 2031 (USD Million)

      1. Drums

      2. Bags

      3. Tubes

    4. 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
    5. 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