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Sodium Dithionite Market to Grow with an Impressive CAGR 2020–2030

10-09-2020 02:29 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

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Sodium Dithionite Market: Overview

Sodium dithionite, also known as sodium hydrosulfite, is manufactured by diverse processes such as amalgam process, formate process, and zinc dust process. These three processes are primarily utilized to produce sodium dithionite. Moreover, amalgam and zinc dust processes accounted for almost 80% of global production. All applications of sodium dithionite are due to its excellent reducing ability. Sodium dithionite offers reducing properties in heated and acidic medium atmosphere. Sodium dithionite is used in textile printing and dyeing, bleaching of pulp and printing, food bleaching, and pharmaceutical, chemical industries.

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Sodium dithionite is widely utilized for bleaching purposes in textile processing, paper & pulp industry, mineral ore flotation, pharmaceuticals, food additives, and kaolin bleaching. It is also used in wood pulp and textile bleaching applications. Sodium dithionite is employed as a reducing agent and reducing bleaching agent for the manufacture of fabrics such as wool, nylon, and cotton in the textile industry. Additionally, sodium dithionite is utilized for stripping of color from fabrics. It is also utilized in the reduction clearing process for disperse dyes. It is used as a bleaching agent for mechanical pulp bleaching in the paper & pulp industry. It is also used for wood pulp bleaching in order to brighten pulp with lower yield loss in the paper industry.

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Rise in Demand for Sodium Dithionite in Textile Industry to Drive Market

Rapid industrialization and increase in number of end-use applications, such textile processing and wood pulp bleaching, are key factors that are expected to drive the sodium dithionite market. Sodium dithionite is an ideal choice for usage in a wide range of industries and applications, as it is lightweight and spun bonded.

Market dynamics of these applications affect the global market for sodium dithionite. Demand for textile products, particularly apparel, has augmented across the globe, which has resulted in high demand for sodium dithionite globally. In terms of demand, Asia Pacific, is the textile manufacturing hub of the globe and held a major share of the sodium dithionite market.
Application in cosmetics, particularly in hair care products, and kaolin bleaching is expected to offer significant opportunities for the sodium dithionite market in the near future.

The global sodium dithionite market is facing supply-demand shortages due to the industrial shutdown triggered by the COVID-19 outbreak. Disruption in raw material supply is anticipated to hamper full-scale operations. Supply shortage has also led to a rise in prices of raw materials. Moreover, industrial shutdown has also adversely impacted product and inventory transportation, as logistic services have been hampered due to the COVID-19 outbreak.

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Zinc Process Segment to Offer Lucrative Opportunities

Based on process, the global sodium dithionite market can be segmented into zinc and sodium formate process

The zinc process segment held a significant share of the global sodium dithionite market in 2019. The zinc process includes reaction of zinc dust with sulfur dioxide and converting resultant zinc salt to sodium dithionite in the presence of soda ash or caustic soda. The sodium formate process segment also accounted for a key share of overall sodium dithionite market. Its share is expected to increase in the next 10 years, owing to an increase in popularity of this process. It involves reaction of sulfur dioxide and caustic soda with sodium formate in a methanol solution.

Pharmaceutical & Medical Application Segment to Hold Major Share of Market
Based on application, the sodium dithionite market can be divided into wood pulp bleaching, textiles, mineral flotation, and others, which includes chemical industry, kaolin clay, leather, food additive, and water treatment.

The wood pulp bleaching segment is expected to dominate the global sodium dithionite market during the forecast period, owing to high demand for wood pulp from the paper packaging industry

Asia Pacific to Constitute Significant Share of Global Sodium Dithionite Market
In terms of region, the global sodium dithionite market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Asia Pacific dominated the global market in 2019, owing to the presence of key manufacturers as well as rise in trade activities from China. Expansion of the wood pulp bleaching industry and the textiles sector in Asia Pacific is expected to boost the sodium dithionite market in the region in the near future. Furthermore, North America is also projected to hold a notable share of the global sodium dithionite market during the forecast period. This can be attribute to the high demand from the beautifying agents, especially in hair care items and kaolin bleaching applications.

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Key Players in Market

Manufacturers of sodium dithionite are highly consolidated in Asia Pacific. Trading activities from countries in Asia Pacific, such as China, have been increasing at a rapid pace for the last few years.
Prominent players operating in the global market are investing in technological developments and new product launches in order to maintain their leading position

Key players operating in the global sodium dithionite market include:

Chemtrade Logistics Inc.
Guangdong ZhongCheng Chemicals Inc., Ltd
BASE SE
Jinhe Group
AZ Chemicals, Inc.
Bruggemann Chemical
Mitsubishi Gas Chemical Company, Inc.
TCP Limited
Royce International Corp
Montgomery Chemicals
Tokyo Chemical Industry Co., Ltd.
Sigma-Aldrich Co. LLC
Finetech Industry Limited
Alfa Chemistry
Triveni Interchem Pvt. Ltd.

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