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Sodium Hydrosulfite Market: By Process, By Formulation, By Application and Geography
Sodium Hydrosulfite Market: By Process, By Formulation, By Application and Geography
Sodium Hydrosulfite Market size was valued at US$ 1.4 billion in 2022 and is poised to grow at a significant CAGR of 2.5% from 2023-2029. Due to surge in demand for sodium hydrosulfite from end user industries such as textiles, paper and pulp, food and beverages, and others across the world. Moreover, technological advancements in the manufacturing of sodium hydrosulfite, wide range of market players providing the raw materials for sodium hydrosulfite manufacturing, and multiple applications with sodium hydrosulfite propel the global sodium hydrosulfite market revenue over the forecast years. However, availability of alternative products and decrease in paper and pulp market are expected to hamper the growth of sodium hydrosulfite revenue in future years.Sodium hydrosulfite, often known as sodium hydroxide, is a colourless or yellow-colored crystal with the formula NaHS. Sodium dithionite is another name for sodium hydrosulfite. It remains stable under normal settings but degrades when exposed to an acidic element/compound or hot water. Different processes, such as the zinc dust process, amalgam procedure, and formate procedure, are used to make sodium hydrosulfite. To make sodium hydrosulfite, you'll need to follow these three steps. Furthermore, in 2014, zinc dust and amalgam processes accounted for around 80% of global manufacturing. In an acidic medium in a warm climate, sodium hydrosulfite has diminishing characteristics.
Study Period
2024-2030Base Year
2023CAGR
2.5%Largest Market
EuropeFastest Growing Market
Asia-Pacific
Increase in the demand for sodium hydrosulfite from end user industries such as textile, paper and pulp, food and beverages, and cosmetic industries is a major factor bolster the market over the forecast years. In the textile industry, sodium hydrosulfite is widely used as reducing agent in various fabrics such as nylon, wool, cotton, and others. Moreover, sodium hydrosulfite also helps to strip the colour from fabrics. In wood pulp industry, sodium hydrosulfite use is gradually increasing due to brightening the wood pulp. Increase in the demand for wood pulp and paper are anticipated to boost the market over the forecast tmeframe.
Global sodium hydrosulfite market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Among all the regions, Asia Pacific sodium hydrosulfite market contributed the highest share in 2018 owing to increase in number of sodium hydrosulfite manufacturing industries in China, South Korea, and APAC countries, surge in urban population demanding for textiles, and surge in paper industry in the region. Europe sodium hydrosulfite market creates lucrative opportunities over the forecast years owing to grow in number of end user industries, technological advancements in manufacturing process, and increase in disposable income are propel the market revenue in the future year.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2022 |
US$ 1.4 billion |
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Market CAGR |
2.5% |
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By Process Type |
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By Formulation |
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By End User |
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By Region |
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The sodium hydrosulfite market is projected to expand at a CAGR of 2.5% during the forecast period
Guangdong ZhongCheng Chemicals Inc. Ltd, AZ Chemicals Inc, Bruggemann Chemical, TCP Limited, Chemtrade Logistics Inc, Royce International Corp, Mitsubisi Gas Chemical Company Inc, Jinhe Group, Finetech Industry Limited
North America is the fastest-growing region for the sodium hydrosulfite market
| 1.Executive Summary |
| 2.Global Sodium Hydrosulfite Market Introduction |
| 2.1.Global Sodium Hydrosulfite Market - Taxonomy |
| 2.2.Global Sodium Hydrosulfite Market - Definitions |
| 2.2.1.Process Type |
| 2.2.2.Formulation |
| 2.2.3.End User |
| 2.2.4.Region |
| 3.Global Sodium Hydrosulfite Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Sodium Hydrosulfite Market Analysis, 2018-2022 and Forecast 2023-2029 |
| 4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Sodium Hydrosulfite Market By Process Type, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 5.1. Zinc Process |
| 5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Sodium Formate Process |
| 5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Others |
| 5.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6.Global Sodium Hydrosulfite Market By Formulation, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 6.1. Powder |
| 6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Liquid |
| 6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7.Global Sodium Hydrosulfite Market By End User, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 7.1. Textiles |
| 7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Wood Pulp Bleaching |
| 7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Mineral Flotations |
| 7.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Food and Beverages |
| 7.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Cosmetics and Personal Care |
| 7.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Others |
| 7.6.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 8.Global Sodium Hydrosulfite Market By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Sodium Hydrosulfite Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 9.1. Process Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Zinc Process |
| 9.1.2.Sodium Formate Process |
| 9.1.3.Others |
| 9.2. Formulation Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Powder |
| 9.2.2.Liquid |
| 9.3. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Textiles |
| 9.3.2.Wood Pulp Bleaching |
| 9.3.3.Mineral Flotations |
| 9.3.4.Food and Beverages |
| 9.3.5.Cosmetics and Personal Care |
| 9.3.6.Others |
| 9.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Sodium Hydrosulfite Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 10.1. Process Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Zinc Process |
| 10.1.2.Sodium Formate Process |
| 10.1.3.Others |
| 10.2. Formulation Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Powder |
| 10.2.2.Liquid |
| 10.3. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Textiles |
| 10.3.2.Wood Pulp Bleaching |
| 10.3.3.Mineral Flotations |
| 10.3.4.Food and Beverages |
| 10.3.5.Cosmetics and Personal Care |
| 10.3.6.Others |
| 10.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 11.Asia Pacific (APAC) Sodium Hydrosulfite Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 11.1. Process Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Zinc Process |
| 11.1.2.Sodium Formate Process |
| 11.1.3.Others |
| 11.2. Formulation Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Powder |
| 11.2.2.Liquid |
| 11.3. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Textiles |
| 11.3.2.Wood Pulp Bleaching |
| 11.3.3.Mineral Flotations |
| 11.3.4.Food and Beverages |
| 11.3.5.Cosmetics and Personal Care |
| 11.3.6.Others |
| 11.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Sodium Hydrosulfite Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 12.1. Process Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Zinc Process |
| 12.1.2.Sodium Formate Process |
| 12.1.3.Others |
| 12.2. Formulation Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Powder |
| 12.2.2.Liquid |
| 12.3. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Textiles |
| 12.3.2.Wood Pulp Bleaching |
| 12.3.3.Mineral Flotations |
| 12.3.4.Food and Beverages |
| 12.3.5.Cosmetics and Personal Care |
| 12.3.6.Others |
| 12.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Sodium Hydrosulfite Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 13.1. Process Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Zinc Process |
| 13.1.2.Sodium Formate Process |
| 13.1.3.Others |
| 13.2. Formulation Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Powder |
| 13.2.2.Liquid |
| 13.3. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Textiles |
| 13.3.2.Wood Pulp Bleaching |
| 13.3.3.Mineral Flotations |
| 13.3.4.Food and Beverages |
| 13.3.5.Cosmetics and Personal Care |
| 13.3.6.Others |
| 13.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.BASF SE |
| 14.2.2.Montgomery Chemicals |
| 14.2.3.Guangdong ZhongCheng Chemicals Inc. Ltd |
| 14.2.4.AZ Chemicals Inc. |
| 14.2.5.Bruggemann Chemical |
| 14.2.6.TCP Limited |
| 14.2.7.Chemtrade Logistics Inc. |
| 14.2.8.Royce International Corp. |
| 14.2.9.Mitsubisi Gas Chemical Company Inc. |
| 14.2.10.Jinhe Group |
| 14.2.11.Finetech Industry Limited |
| 14.2.12.Transpek-Silox |
| 14.2.13.Hubei Yihua Group |
| 14.2.14.Jiacheng Chemical |
| 14.2.15.Shuangqiao Chemical |
| 14.2.16.Jingrui Chemical |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.