Press release
Industry Growth of Sodium Metabisulfite Market is Projected to Rise by 710.0 Million $ – Global Forecast to 2024 | Top Key Company’s - Solvay, INEOS Calabrian, Esseco
Sodium Metabisulfite Market
Global Sodium Metabisulfite Market overview:
The Sodium Metabisulfite Market is expected to witness sustained growth over the forecast period (2019-2024). The growth of the Sodium Metabisulfite market is driven as there is favourable growth in the industry is a major factor which will boost the global Sodium Metabisulfite Market.
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With the slowdown in world economic growth, the Sodium Metabisulfite industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Sodium Metabisulfite market size to maintain the average annual growth rate of 0.0281563932473 from 470.0 million $ in 2014 to 540.0 million $ in 2019, Market analysts believe that in the next few years, Sodium Metabisulfite market size will be further expanded, we expect that by 2024, The market size of the Sodium Metabisulfite will reach 710.0 million $.
The Global Sodium Metabisulfite Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the Sodium Metabisulfite Market is sub segmented into Food Grade, Industrial Grade, Photo Grade. Based on End Use Industry segment, the Sodium Metabisulfite Market is sub segmented into Water Treatment, Pulp & Paper Industry, Textile Industry, Mining Industry, Construction Industry. Sodium metabisulphite is prepared by evaporating sodium bisulphite saturated with sulphur dioxide. It is a white crystalline powder solid with a slight odor of sulphur. It is toxic for humans when inhaled and strongly irritates skin and tissues. It is commonly used as a food preservative and a reducing agent.
As per regional analysis, North America is the major market for sodium bisulphite owing to the increase in demand for packaged food and beverage products followed by Europe. Furthermore, rapid urbanization coupled with growth in the paper and pulp and pharmaceutical industries are expected to increase its market share in APAC region.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Some of the major players that operate in the Global Sodium Metabisulfite Market are Solvay, INEOS Calabrian, Esseco, Kailong Chemical Technology, BASF, Metabisulphite Nusantara, Sisecam, Jiading Malu Chemical, Tian Chuang Chemical, Huizhong Chemical Industry, Yinqiao Technology, Rongjin Chemical, Sanxiang Chemical, JingMing Chemical, SanJiang Chemical, Aditya Birla Chemicals,Boyu Chemical.
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Table of Contents:
Global Sodium Metabisulfite Market Report 2019
1 Sodium Metabisulfite Definition
2 Global Sodium Metabisulfite Market Major Player Share and Market Overview
3 Major Player Sodium Metabisulfite Business Introduction
4 Global Sodium Metabisulfite Market Segmentation (Region Level)
5 Global Sodium Metabisulfite Market Segmentation (Product Type Level)
6 Global Sodium Metabisulfite Market Segmentation (Industry Level)
7 Global Sodium Metabisulfite Market Segmentation (Channel Level)
8 Sodium Metabisulfite Market Forecast 2019-2024
9 Sodium Metabisulfite Segmentation Type
10 Sodium Metabisulfite Segmentation Industry
11 Sodium Metabisulfite Cost Analysis
12 Conclusion
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