- Bleaching Agent
- Cleaning Agent
- Floating Agent
- Preservative
- Reducing agent
- Sanitizing agent
Sodium Metabisulfite Market size is estimated to be valued at USD 700 million in 2022 and poised to grow at a significant CAGR of 4.3% from 2023-2029. Increasing furniture and decor demand, rapid industrial expansion, rising demand for food additives and preservatives, rapid urbanization together with growth in the pharmaceutical industries are some key factors influencing the market growth. However, factors such as side effects on body through high exposure will hamper the market growth. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global sodium metabisulfite market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global sodium metabisulfite market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). This compound may cause allergic reactions in people who are sensitive to sulfites, including respiratory adverse reactions in asthmatics and other allergic reactions in sensitive individuals. Skin exposures can cause symptoms ranging from minor skin irritation or itching to redness and swelling. Eye exposure to sodium metabisulfite may result in redness, tearing or moderate eye irritation. The ingestion of sodium metabisulfite may cause irritation of the mouth and throat, nausea, vomiting and diarrhea. Hence, side effects on body through high exposure sodium metabisulfite would hamper the market growth.
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Sodium Metabisulfite is a white crystalline or powder solid with a slight sulfur odor. It is widely used in the food and beverage industry as a preservative and for treatment of different food stuffs, because it does not affect the taste of the food stuff respectively does not change it. Food Grade sodium metabisulfite may be used as a food preservative. It is also commonly added to various food products and wines as a preservative. Moreover, it can be used to sanitize the equipment of homebrew and winemaking as a cleaning agent. It also have various kinds of other applications, e.g. being applied to photography, as an excipients in some tablets, for water treatment, as a source of SO2 in wine, as a bactericide and as a bleaching reagent as well as reducing agent.
The Sodium metabisulfite market size was valued at USD 700 million in 2022.
The key segments covered in the sodium metabisulfite market are technology, components, application, and end-users.
The Sodium metabisulfite market key players are BASF SE (Germany), Arkema (France), Evonik Industries (Germany), Prism Sulphur (Canada), The Dow Chemical Company (U.S), Solvay (Belgium), Aditya Birla Chemicals (India), Shandong Kailong Chemical Technology Development Co., Ltd. (China), Ultramarines India (P) Ltd. (India), Qingdao Tianya Chemical Co., Ltd., Hydrite Chemical (U.S)
16. Key Assumptions and Acronyms