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Sodium Hydrosulfite Market Analysis and In-Depth Analysis on Market Dynamics, Emerging Trends, Growth Factors and Sales Forecast to 2024 | Major players are Montgomery Chemicals, Chemtrade Logistics Inc., Guangdong ZhongCheng Chemicals Inc. Ltd, Bruggeman

05-28-2019 12:16 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Intelligence

Sodium Hydrosulfite Market Analysis and In-Depth Analysis

Sodium hydrosulfite is colorless or yellow colored crystal that is denoted by a formula NaHS. Sodium hydrosulfite is usually known as sodium dithionite. It is steady under typical conditions and breaks down after coming in contact with acidic element/compound or hot water. Sodium hydrosulfite is made by distinctive procedures, such as, zinc dust process, amalgam procedure, and formate process.

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These three procedures are basically used to produce sodium hydrosulfite. In addition, zinc dust and amalgam procedures accounted for around 80% of the worldwide production in 2014. Sodium hydrosulfite offers diminishing properties in acidic medium and warmed climate. Sodium hydrosulfite is mostly used for bleaching purposes in textile processing, mineral ore flotation, paper and pulp industry, and food additives. However, it is commonly used in textile and wood pulp bleaching application.

Some of the drivers behind the growing demand of global sodium hydrosulfite include increasing demand from textile industry, and rapid upsurge in demand for paper products in Asia-Pacific. Some of the major factors driving the growth of the textile market are increasing consumer confidence, increasing level of disposable income, and increasing shopper’s eagerness to keep up with the latest fashion trends.

The global sodium hydrosulfite market can be segmented on the basis of applications. On the basis of applications, the sodium hydrosulfite market can be segmented into textile, mineral ore flotation, wood pulp bleaching, and others. The ‘others’ section of sodium hydrosulfite applications include industries, such as kaolin bleaching, cosmetics, among others. The major applications areas of sodium hydrosulfite are textile and wood pulp bleaching.

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Geographically, Asia-Pacific is the largest market for sodium hydrosulfite, followed by North America and Europe. During the forecast period, the Asia-Pacific sodium hydrosulfite market is expected to grow at the fastest rate, which is driven by major textile producing countries, such as China. Other major textile producing countries such as India, Japan, and Bangladesh account for notable share. The market share of North America and Europe is expected to decline in the near future, owing to the slow growth of paper industry in these regions. The major factor behind the decline of paper industry in North America and Europe is the rapid global digitalization.

The textile industry accounted for the largest market share in the application segment of the global sodium hydrosulfite market in 2014. The increasing demand for textile products such as clothing has increased around the globe, which is driving the growth of the global sodium hydrosulfite market. Wood pulp bleaching is the second largest application segment in the global sodium hydrosulfite market, after the textile segment.

About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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