Press release
Sodium Metabisulfite Market 2021 Supply Chain Analysis, Structure, Industry Inspection, and Forecast 2027
The Global Sodium Metabisulfite Market 2021 by Regions, Type, and Application, forecast to 2027 research report is a comprehensive, methodical, and all-encompassing examination of the industry. The study's goal is to help key vendors, organisations, and end-users in the industry better grasp the benefits and complete features of market segments. It examines market dynamics and gives an overview to aid in the definition, categorization, and statistical analysis of markets. The present condition of the worldwide Sodium Metabisulfite market, as well as its future prospects.In accordance with the Sodium Metabisulfite market is set to grow at a CAGR of 8% over the forecast period (2021-2027).
The report's authors used a unique and industry-leading research and analysis technique to conduct an in-depth analysis of the worldwide Sodium Metabisulfite market. From 2021 through 2027, this study anticipates demand, trends, and revenue growth at regional and country levels, as well as an examination of industry trends in each of the sub-segments.
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In the worldwide market, there are a number of important and rising Sodium Metabisulfite market Key players:
Esseco, INEOS calabrian, BASF, Jiading Malu Chemical, Metabisulphite Nusantara, Kailong Chemical Technolog, Tian Chuang Chemical, Huizhong Chemical Industry, Yinqiao Technology, Rongjin Chemical
Market segment by Type, covers:
Food Grade
Industrial Grade
Photo Grade
The application covered in the report include:
Water Treatment
Pulp & Paper Industry
Textile Industry
Mining Industry
Food Industry
Photographic Industry
Sodium Metabisulfite Market Overview
Sodium Metabisulfite Market is forecast to reach $700 million by 2027, after growing at a CAGR during 2021-2027. Sodium metabisulfite is an inorganic white, granular sodium salt composed of sodium and disulfite ions. Sodium metabisulfite is used as preservatives in foods, thus global increase in demand for packaged food products is expected to boost the sodium metabisulfite market size. Whereas, surging use of sodium metabisulfite as disinfectant, and antioxidant in cosmetics and personal care products further fuel the market growth. However, laboratory tests have shown carcinogenic results on exposure to sodium metabisulfite, which hinder its market growth.
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Asia Pacific has dominated the market:
Asia Pacific has dominated the sodium metabisulfite market with a share of more than 40% in 2021 followed by North America and Europe. Population growth combined with rapid industrialization and high disposable income are driving the growth of sodium metabisulfite market in APAC region. Furthermore, increasing demand for apparel, growing fashion trends, and flourishing textile industries across the country is aiding the growth of the market. According to the Indian Brand Equity Foundation (IBEF), India’s textile and apparel exports accounted for US$ 38.70 billion in 2019 and is expected to increase to US$ 82.00 billion by 2021.
Regional Outlook:
This research report focuses on Sodium Metabisulfite market volume and value at regional Opportunity and company Trends From a global perspective, this report Study represents overall market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: Americas, Europe, Asia-Pacific, Middle East & Africa and ROW.
Europe would enjoy the second spot where several factors like automation and better technical inclusion and Scope. The Asia Pacific region has better prospect in growing with a high CAGR in the coming years as the regional market would witness several changes in the infrastructure.
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Table of Contents: Sodium Metabisulfite Market
Chapter 1: Global Sodium Metabisulfite Market Overview
Chapter 2: Economic Impact on Industry
Chapter 3: Sodium MetabisulfiteMarket Competition by Manufacturers
Chapter 4: Production, Revenue (Value) by Region
Chapter 5: Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Sodium Metabisulfite Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Sodium Metabisulfite Market Effect Factors Analysis
Chapter 12: Research Conclusions of Global Sodium Metabisulfite Market
Impact of COVID-19:
The COVID-19 epidemic has impacted markets and customer behaviour in a short period of time, and it is having a significant influence on economies and society. With offices, educational institutions, and manufacturing facilities closed indefinitely, big sports and events postponed, and work-from-home and social distance rules in place, businesses are increasingly seeking technology to assist them to get through these trying times. The COVID-19 epidemic is wreaking havoc on companies all around the world.
Report Customization:
The Global Sodium Metabisulfite Market report may be modified to meet your specific business needs. Because we understand what our clients want, we provide 25% customization for any of our MID reports at no additional cost to all of our clients.
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