Market Overview:
The global sodium hydrosulfite market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for sodium hydrosulfite from various applications, such as textile, pulp and paper industry, food, chemical industry and others. In terms of volume, Asia Pacific is expected to lead the global market during the forecast period.
Product Definition:
A white crystalline solid, Na2S2O4.5H2O, used in the textile industry as a bleaching agent and in effluent treatment to remove sulfur compounds.
Technical Grade:
Technical grade is used in the production of a variety of chemicals such as hydrogen sulfite, thiosulfonates, and polysulfites. It is also used as an intermediate for manufacturing other chemicals such as sulfuric acid and fertilizers. The growth factor in technical grade is high compared to consumer grade which makes it more attractive productwise.
Food Grade:
Food grade is used in sodium hydrosulfite for the production of food additives, bleaching earths, and other chemicals. It is also used as a stabilizer in organic chemical compounds. Sodium hydrosulfite (NaHS) market demand has been increasing on account of its use as a preservative in various food products such as meat & poultry, seafood & fish and processed foods.
Application Insights:
The other application segment includes the chemical industry and textile industry. In terms of volume, the textile industry is likely to be the major consumer in Asia Pacific followed by North America. The demand for sodium hydrosulfite from these applications is projected to increase at a CAGR of XX% from 2018 to 2030 owing to its extensive use in processing textiles and fabrics which results in prevention of mildew formation on fabric surfaces.
Sodium hydrosulfite has numerous applications across various industries such as food, pulp and paper, chemical, textiles etc., which are collectively known as primary applications. It is used for preventing fungal growth on food products that may cause them degradation or Spoiling thereby maintaining product quality attributes such as appearance and taste thus ensuring high product consumption across various end-use industries globally over the forecast period.
Regional Analysis:
Asia Pacific sodium hydrosulfite market led the global industry and accounted for over 40% of the total revenue in 2016. The region is expected to witness significant growth on account of rising demand from various end-use industries, such as textile, chemical, food and beverage. China is anticipated to remain a key consumer owing to its rapidly expanding chemical industry coupled with growing demand for textiles from India.
The Middle East & Africa (MEA) sodium hydrosulfite market is projected to grow at a CAGR of XX% over the forecast period owing to increasing investments in downstream pulp and paper industries by major countries such as Saudi Arabia and Qatar which are likely to boost product consumption in bleaching agents along with other additives used in producing pulp for printing ink production mainly newspapers, magazines etc.
Growth Factors:
- Increasing demand from pulp and paper industry: Sodium hydrosulfite is extensively used in the pulp and paper industry for bleaching of wood pulp. The increasing demand for paper products, especially in developing countries, is expected to drive the growth of the sodium hydrosulfite market during the forecast period.
- Growing demand from textile industry: Sodium hydrosulfite is also used as a bleaching agent in the textile industry. The growing demand for textiles, especially in developing countries, is expected to boost the growth of this market during the forecast period.
- Rising environmental concerns: Sodium hydrosulfite has been identified as an environmentally friendly alternative to chlorine-based bleaching agents such as elemental chlorine gas (Cl2) and chlorinated hydrocarbons (CHCs). This factor is likely to fuel its adoption over other bleaching agents, thereby propelling market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Sodium Hydrosulfite Market Research Report
By Type
Technical Grade, Food Grade
By Application
Textile, Pulp and Paper Industry, Food, Chemical Industry, Other
By Companies
BASF, Transpek-Silox, Zhongcheng Chemical, CNSG, Jinhe Group, Jiacheng Chemical, Shuangqiao Chemical, Jingrui Chemical, Runtu, Jiangxi Hengye Chemical, Hongan
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Sodium Hydrosulfite Market Report Segments:
The global Sodium Hydrosulfite market is segmented on the basis of:
Types
Technical Grade, Food Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Textile, Pulp and Paper Industry, Food, Chemical Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Transpek-Silox
- Zhongcheng Chemical
- CNSG
- Jinhe Group
- Jiacheng Chemical
- Shuangqiao Chemical
- Jingrui Chemical
- Runtu
- Jiangxi Hengye Chemical
- Hongan
Highlights of The Sodium Hydrosulfite Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Technical Grade
- Food Grade
- By Application:
- Textile
- Pulp and Paper Industry
- Food
- Chemical Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Sodium Hydrosulfite Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Sodium hydrosulfite is a chemical compound with the formula NaHSO3. It is a white solid that dissolves in water to form sulfuric acid and sodium sulfate. Sodium hydrosulfite is used as an oxidizer and bleaching agent in industrial processes, such as paper production and textile dyeing.
Some of the major companies in the sodium hydrosulfite market are BASF, Transpek-Silox, Zhongcheng Chemical, CNSG, Jinhe Group, Jiacheng Chemical, Shuangqiao Chemical, Jingrui Chemical, Runtu, Jiangxi Hengye Chemical, Hongan.
The sodium hydrosulfite market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sodium Hydrosulfite Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Sodium Hydrosulfite Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sodium Hydrosulfite Market - Supply Chain
4.5. Global Sodium Hydrosulfite Market Forecast
4.5.1. Sodium Hydrosulfite Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sodium Hydrosulfite Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sodium Hydrosulfite Market Absolute $ Opportunity
5. Global Sodium Hydrosulfite Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Sodium Hydrosulfite Market Size and Volume Forecast by Type
5.3.1. Technical Grade
5.3.2. Food Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sodium Hydrosulfite Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Sodium Hydrosulfite Market Size and Volume Forecast by Application
6.3.1. Textile
6.3.2. Pulp and Paper Industry
6.3.3. Food
6.3.4. Chemical Industry
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sodium Hydrosulfite Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Sodium Hydrosulfite Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Sodium Hydrosulfite Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Sodium Hydrosulfite Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Sodium Hydrosulfite Demand Share Forecast, 2019-2026
9. North America Sodium Hydrosulfite Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Sodium Hydrosulfite Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Sodium Hydrosulfite Market Size and Volume Forecast by Application
9.4.1. Textile
9.4.2. Pulp and Paper Industry
9.4.3. Food
9.4.4. Chemical Industry
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Sodium Hydrosulfite Market Size and Volume Forecast by Type
9.7.1. Technical Grade
9.7.2. Food Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Sodium Hydrosulfite Demand Share Forecast, 2019-2026
10. Latin America Sodium Hydrosulfite Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Sodium Hydrosulfite Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Sodium Hydrosulfite Market Size and Volume Forecast by Application
10.4.1. Textile
10.4.2. Pulp and Paper Industry
10.4.3. Food
10.4.4. Chemical Industry
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Sodium Hydrosulfite Market Size and Volume Forecast by Type
10.7.1. Technical Grade
10.7.2. Food Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Sodium Hydrosulfite Demand Share Forecast, 2019-2026
11. Europe Sodium Hydrosulfite Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Sodium Hydrosulfite Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Sodium Hydrosulfite Market Size and Volume Forecast by Application
11.4.1. Textile
11.4.2. Pulp and Paper Industry
11.4.3. Food
11.4.4. Chemical Industry
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Sodium Hydrosulfite Market Size and Volume Forecast by Type
11.7.1. Technical Grade
11.7.2. Food Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Sodium Hydrosulfite Demand Share, 2019-2026
12. Asia Pacific Sodium Hydrosulfite Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Sodium Hydrosulfite Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Sodium Hydrosulfite Market Size and Volume Forecast by Application
12.4.1. Textile
12.4.2. Pulp and Paper Industry
12.4.3. Food
12.4.4. Chemical Industry
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Sodium Hydrosulfite Market Size and Volume Forecast by Type
12.7.1. Technical Grade
12.7.2. Food Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Sodium Hydrosulfite Demand Share, 2019-2026
13. Middle East & Africa Sodium Hydrosulfite Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Sodium Hydrosulfite Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Sodium Hydrosulfite Market Size and Volume Forecast by Application
13.4.1. Textile
13.4.2. Pulp and Paper Industry
13.4.3. Food
13.4.4. Chemical Industry
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Sodium Hydrosulfite Market Size and Volume Forecast by Type
13.7.1. Technical Grade
13.7.2. Food Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Sodium Hydrosulfite Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Sodium Hydrosulfite Market: Market Share Analysis
14.2. Sodium Hydrosulfite Distributors and Customers
14.3. Sodium Hydrosulfite Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Transpek-Silox
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Zhongcheng Chemical
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. CNSG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Jinhe Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jiacheng Chemical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Shuangqiao Chemical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Jingrui Chemical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Runtu
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Jiangxi Hengye Chemical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hongan
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook