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Sodium Thiosulphate Market to record substantial gains by 2025

Sodium Thiosulphate Market

Sodium Thiosulphate Market

The end user segment of the overall sodium thiosulphate market size includes medical, agriculture, gold mining, paper and photo industry, water treatment, others. sodium thiosulphate is a crystalline substance which easily dissolves in water. Also, the industrial grade of sodium thiosulphate is used in the development of silver-based photographic film and prints. In gold mining, the product is an alternate lixiviant to cyanide for extraction of gold. It is strongly soluble in gold ions, making gold mining an important end user industry.

Get sample copy of the sodium thiosulphate industry research report @ https://www.gminsights.com/request-sample/detail/4057

Company Profiles:
1. INEOS Group AG
2. Merck KGaA
3. Seidler Chemical Co, Inc
4. Wintersun Chemical
5. Hubbard-Hall
6. NISSEI CORPORATION
7. Sankyo Kasei
8. Liyang Qingfeng Fine chemical Co.,Ltd.
9. Skyline Chemical Corporation
10. Veckridge Chemical
11. Cater Chemicals Corporation
12. Allan Chemical Corporation

On the basis of various grades, sodium thiosulphate market size is segmented into medical grade, industrial grade, food grade, agricultural grade, and others. The medical grade segment is likely to witness promising gains due to its rising applications in treatment of mercury, arsenic, bismuth, and lead poisoning. Nowadays, it is used to protect against cisplatin toxicity, treat cyanide poisoning and other rare medical conditions. In cancer treatments, cisplatin is a chemotherapy a drug administered to treat number of cancers, such as testicular cancer, brain tumors, cervical cancer, ovarian cancer, breast cancer, head and neck cancer, esophageal cancer, bladder cancer and lung cancer.

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Asia Pacific held significant share in the overall sodium thiosulphate market in 2018. Economies such as Thailand, India, South Korea, Vietnam and China are heavily investing in medical services. According to the U.S. global investors, China is largest gold producing country, followed by Australia. These trends will in turn make a notable impact on the overall market size by 2025.

Sodium Thiosulphate Market, By Grades, 2014-2025 (Tons) (USD Million)
1. Medical grade
2. Industrial grade
3. Food grade
4. Agricultural grade
5. Others

Sodium Thiosulphate Market, By End Users, 2014-2025 (Tons) (USD Million)

1. Medical
2. Agriculture
3. Gold Mining
4. Paper and photo processing
5. Water treatment
6. Others

Sodium thiosulphate is known to be an anti-calcification agent with antioxidant properties which is successfully utilized in water treatment and food preservative industry. The product is also widely used in water treatment industry to process settled backwash water before releasing in the river. The increasing demand for water treatment chemicals from Asia Pacific countries, especially, China will drive the overall sodium thiosulphate market size in the forecast timeframe.

Browse complete summary of this research report @ https://www.gminsights.com/industry-analysis/sodium-thiosulphate-market

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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