Global Sodium Hydrosulfite Market Key Information On ZhongCheng Chemicals, BASF SE, Jinhe Group, and AZ Chemicals, Bruggemann Chemical, Mitsubishi Gas Chemical Company

The Sodium Hydrosulfite Market Report gives a clear picture of the current situation of the market which covers global industry analysis, size, share, growth, trends, key statistics and forecast Till 2024. Sodium Hydrosulfite Market size will likely surpass USD 1.4 billion by 2024; according to a new research report.

Significant development in the global textiles industry will propel the sodium hydrosulfite market in the forecast period owing to its extensive use as a bleaching agent in wool, cotton, and nylon. The product finds application as a dyeing auxiliary in vat dyeing and reduction clearing of disperse dyes. The global textiles market demand was over 90 million tons in 2016 and will likely reach 130 million tons by 2024. Increasing income level of consumers in emerging economies and increasing sales of apparels and footwears through e-commerce portals will steer the demand for textiles in the coming years. This will augment the sodium hydrosulfite market growth till 2024.

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Product demand as a reducing agent in the synthesis of kaolin and metakaolin has been rising at fast rate and will provide new opportunities for the sodium hydrosulfite market to grow. It is used for enhancing the brightness of kaolin which is used to manufacture paper, ceramics, paints & coatings, fiberglass, plastics, rubber, and cement. Although the demand for the product in this application is low, high growth in kaolin and metakaolin manufacturing industry will likely boost the sodium hydrosulfite market in the future.

Sodium hydrosulfite is a flammable solid with a high chance of combustion in presence of open flames and sparks. When in contact with moisture or air, the substance heats spontaneously and may ignite and its decomposition releases toxic gases. It also has a possibility of ignition in presence of combustible materials or oxidizing agents. Exposure to the substance may cause irritation in eyes, skin, and the respiratory tract. These factors create hurdles in the handling, storing and transportation of the product and may hamper the global sodium hydrosulfite market development as end-user will look for other safer substitutes of the product.

Sodium hydrosulfite market has been categorized according to manufacturing process into three segments namely sodium formate, zinc and others. Sodium formate process is slowly gaining popularity over the zinc process due to its cost-effective nature.

Major application segments in the sodium hydrosulfite market are textiles, mineral flotations, wood pulp bleaching, and others which includes chemical industry, kaolin clay, food additive, water treatment, leather, etc. Textiles was the largest application segment in the sodium hydrosulfite market in 2016 and will retain its position till the end of the forecast spell. The segment will generate revenue above USD 700 million in 2024, gaining by more than 4% CAGR. It is widely used in textiles manufacturing as a reducing and bleaching agent.

Top Manufacturers in global market are given bellow:
Guangdong ZhongCheng Chemicals, BASF SE, Jinhe Group, and AZ Chemicals, Bruggemann Chemical, Mitsubishi Gas Chemical Company, Chemtrade Logistics, TCP Limited, Montgomery Chemicals, Royce International Corp, Tokyo Chemical Industry

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Asia Pacific has been the most significant sodium hydrosulfite market and its overall industry share will likely exceed 70% by 2024. It is anticipated to generate revenue above USD 1 million in 2024. Asia Pacific is the largest product manufacturer and has a high demand from major textile and apparel manufacturing economies like China, India, Bangladesh, Pakistan, and Vietnam. Presence of many paper and pulp manufacturers in the region will also augment the sodium hydrosulfite market growth in upcoming years.

Sodium Hydrosulfite Market by Process

• Zinc process
• Sodium formate process
• Others

Sodium Hydrosulfite Market by Application

• Wood pulp bleaching
• Textiles
• Mineral flotation
• Others

The above information is provided on a regional and country basis for the following:

• North America (U.S., Canada, Mexico)
o Europe (Germany, Italy, UK, France, Austria, Spain, Portugal, Ukraine, Switzerland)
o Asia Pacific (Japan, China, India, South Korea, Australia)
o Latin America (Brazil, Mexico)
o MEA (South Africa, Saudi Arabia)

Table of Content
Chapter 1. Methodology & Scope
Chapter 2. Executive Summary
Chapter 3. Commercial Drone Industry Insights
Chapter 4. Competitive Landscape
Chapter 5. Global Sodium Hydrosulfite Market

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