|02-11-2019 01:04 PM CET - Business, Economy, Finances, Banking & Insurance||
Global Sodium Metabisulfite Market 2019 is growing at a CAGR of 4.1% upto 2024 and expected to reach around USD 860 million globally by 2024
Press release from: Apex Market Research
Sodium Metabisulfite (SMBS) is a sodium salt, white/creamy in color, and dissolvable in water. The chemical formula for it is Na2S2O5, an inorganic compound made up of sodium, sulfur, and oxygen, and used in many industries such as food, textile, mining, water treatment, and paper.
China is the main sodium metabisulfite manufacturing region. By the end of 2016, there are a lot of manufacturers in China and most of them are private company with small capacity. The industry has high dispersion. The price of sodium metabisulfite is affected directly by Sodium Carbonate and Sulfur. The prices of Sodium Carbonate and Sulfur increase sharply in the last few weeks.
In terms of volume, the global sodium metabisulfite production was 1975.7 K MT in 2016, and it is predicted to reach 3193.3 K MT in 2023. In 2016, the global Sodium Metabisulfite market is led by China, capturing about 37.54% of global Sodium Metabisulfite production. Europe is the second-largest region-wise market with 24.82% global production share.
According to this study, over the next five years the Sodium Metabisulfite market will register a 4.1% CAGR in terms of revenue, the global market size will reach US$ 860 million by 2024, from US$ 680 million in 2019.
Apex Market Research, recently published a detailed market research study focused on the “Sodium Metabisulfite Market 2019” across the global, regional and country level. Sodium Metabisulfite Market Research Report highlights extensive market insights of the Sodium Metabisulfite industry, which offers definitions and a diverse range of market structures and characteristics, historic and present market values along with the expected future growth of the Sodium Metabisulfite market for the forecast period. The study shares “Sodium Metabisulfite” performance both in terms of volume and revenue.
Key Manufacturers Analysis of This Report
Jiading Malu Chemical
Kailong Chemical Technolog
Tian Chuang Chemical
Huizhong Chemical Industry
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The report exhibits Sodium Metabisulfite market across diverse regions (including the regions India, Japan, South East Asia, Europe, China and USA). In this section, major attributes such as region-wise Sodium Metabisulfite production value and techniques, consumption, export/import details, growth rate from 2013 to 2018, market structure and status and SWOT analysis are included. Moreover, the research study categorizes the Sodium Metabisulfite Market based on major product types, application and end users industries of Sodium Metabisulfite. Besides, the report also covers geographical segregation for Sodium Metabisulfite Market. The report further provides production, capacity, price per region, gross margin, production cost, for all major regions and countries listed in report.
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Pulp & Paper Industry
The competitive landscape of the global market for Sodium Metabisulfite is analyzed by assessing the major industry participants, production capacity, production capacity utilization rate, Sodium Metabisulfite Market’s production chain, pricing by each manufacturer and the revenue produced by each manufacturer in the Sodium Metabisulfite Market globally.
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The Global Sodium Metabisulfite Market 2019 is further emphasis on the basis of product pricing, Sodium Metabisulfite production volume, data pertaining to demand and Sodium Metabisulfite supply, and the revenue garnered by the product. The report offers upstream and downstream analysis covering major raw material used in manufacturing of Sodium Metabisulfite along with detailed manufacturing sources. The report also offers list of major raw material manufacturers along with their manufacturing locations. Comprehensive raw material price trend analysis along with manufacturing cost analysis is also incorporated into the report. Diverse methodical tools such as investment returns, feasibility, SWOT analysis and market attractiveness analysis has been implemented in the research study to show a comprehensive, detailed research study of the industry for Sodium Metabisulfite across the globe.
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