Sodium hydrosulfite market Size, Share, Growth, Key Players like BASE, Jinhe Group, AZ Chemicals, TCP Limited, Sigma-Aldrich
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Apart from the textile industry, extensive applications of sodium hydrosulfite in the production of metakaolin and kaolin is likely to augment its demand in the coming years. the product is used as a reducing agent to enhance the brightness of kaolin. Kaolin is extensively used to produce ceramics, fiberglass, rubber, plastics, cement, paints and coatings, and paper. Although, the overall sodium hydrosulfite demand in the industry is low, massive growth in the metakaolin and kaolin production would proliferate the sodium hydrosulfite market outlook.
Extensive applications of sodium hydrosulfite as reducing and bleaching agent are thus augmenting its demand across various industries and regions. BASF SE, Jinhe Group, Guangdong ZhongCheng Chemicals, and AZ Chemicals are some of the major companies making up a significant share of the sodium hydrosulfite market.
Some of the other companies contributing to the sodium hydrosulfite market growth include Alfa Chemistry, Triveni Interchem Pvt. Ltd., Sigma-Aldrich, Finetech Industry Limited, Tokyo Chemical Industry, Royce International Corp., Montgomery Chemicals, TCP Limited, Chemtrade Logistics, Mitsubishi Gas Chemical Company, and Bruggemann Chemical among others.
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Sodium hydrosulfite, also known as sodium dithionite, is commonly used in the manufacturing of various commercial products including writing paper, photographic film, metal recovery, and leather goods. In the textiles industry, it is used as a reducing agent in colored fabrics. In terms of the applications, it is estimated that nearly 50% of the substance is used in textile bleaching applications, 35% in paper and pulp bleaching, and the remaining in other applications.
One of the key vertical within the bulk and specialty chemicals segment, global sodium hydrosulfite market size is estimated to be worth more than US$1.4 billion by 2024. The product demand will be primarily driven by a consistent demand for paper products and expansion of the textiles industry.
BASE SE, AZ Chemicals, Mitsubishi Gas Chemical Company, Inc., Alfa Chemistry, Sigma-Aldrich Company LLC, Tokyo Chemical Industry Company Ltd., Montgomery Chemicals, Royce International Corporation, and TCP Limited are among the notable suppliers of sodium hydrosulfite.
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