Press release
Sodium Thiosulphate (CAS 7772-98-7) Market SWOT Analysis by Major Key Players: Nissan Chemical Industries, Ltd., Tessenderlo Group
Sodium Thiosulphate (CAS 7772-98-7) Market
Some of the major players such as Allan Chemical Corporation (United States), Avantor, Inc. (United States), Barium & Chemicals, Inc. (United States), Charkit Chemical Company (United States), Esseco SRL (Italy), Kishida Chemical Co., Ltd. (Japan), Merck KGaA (Germany), Mitsui Chemicals (Japan), NAGAO Co., Ltd. (Japan), Nissan Chemical Industries, Ltd. (Japan), Otsuka Chemical Co., Ltd. (Japan), Spectrum Chemical Manufacturing Corp. (United States), Tessenderlo Group (Belgium)
According to HTF Market Intelligence, the global Sodium Thiosulphate (CAS 7772-98-7) market is valued at USD Billion in 2023 and estimated to reach a revenue of USD Billion by 2030, with a CAGR of 10% from 2023 to 2030.
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Sodium Thiosulphate (CAS 7772-98-7) Market Overview
A chemical compound used in various applications including photographic processing, medical treatments, and as a dechlorinating agent in water treatment.
Sodium Thiosulphate (CAS 7772-98-7) Market Competitive Landscape & Company Profiles
The Company's Coverage aims to innovate to increase efficiency and product life. The long-term growth opportunities available in the sector are captured by ensuring constant process improvements and economic flexibility to spend in the optimal schemes. Company profile section of players such as Allan Chemical Corporation (United States), Avantor, Inc. (United States), Barium & Chemicals, Inc. (United States), Charkit Chemical Company (United States), Esseco SRL (Italy), Kishida Chemical Co., Ltd. (Japan), Merck KGaA (Germany), Mitsui Chemicals (Japan), NAGAO Co., Ltd. (Japan), Nissan Chemical Industries, Ltd. (Japan), Otsuka Chemical Co., Ltd. (Japan), Spectrum Chemical Manufacturing Corp. (United States), Tessenderlo Group (Belgium) includes its basic information like company legal name, website, headquarters, subsidiaries, market position, history, and 5 closest competitors by Market capitalization/revenue along with contact information.
Market Trends:
Green chemistry and sustainable techniques are becoming progressively more important in industrial applications. By reducing the influence on the environment and ensuring water safety, sodium thiosulfate's function as a chlorine neutralizer in water treatment is consistent with these goals. Long-term research into bio-based or renewable sources of chemicals for water treatment and photographic processing have an effect on sodium thiosulfate demand.
Market Drivers:
In the photography business, sodium thiosulfate is often used as a fixing agent for photographic films and sheets. While the market for traditional photographic techniques has decreased in comparison to earlier decades, it nevertheless exists despite the rise of digital photography. Dichlorination is one of the uses of sodium thiosulfate in the water treatment industry. Pool and drain water's chlorine is neutralized by it, allowing for reuse or safe release into the environment. Thus, photography industry is a major factor driving the growth and demand of the Sodium Thiosulphate (CAS 7772-98-7) market.
Market Opportunities:
The use of sodium thiosulfate is essential to the extraction of gold, especially in cyanide leaching methods, as gold mining activities increase globally. The demand for more environmentally friendly and safe extraction techniques is driving market expansion and opening doors for suppliers in mining locations. Investigating new uses in industries including cosmetics (such as possible formulation uses) and agriculture (such as a source of sulfur) open up new market niches. Chemical engineering and product development innovations are result in more applications, which would propel market expansion. Thus, gold mining is a substantial opportunity for market growth.
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Sodium Thiosulphate (CAS 7772-98-7) Market: Segmentation
The Sodium Thiosulphate (CAS 7772-98-7) Market is Segmented by Global Sodium Thiosulphate (CAS 7772-98-7) Market Breakdown by Application (Photography, Medical, Water Treatment, Chemical Manufacturing, Others) by Type (Sodium Thiosulphate Anhydrous, Sodium Thiosulphate Crystals, Sodium Thiosulphate Pentahydrate, Other) and by Geography (North America, South America, Europe, Asia Pacific, MEA).
Sodium Thiosulphate (CAS 7772-98-7) Market - Geographical Outlook
The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
North America (United States, Mexico & Canada)
South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
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Key Questions Answered with this Study
1) What makes Global Sodium Thiosulphate (CAS 7772-98-7) Market feasible for long-term investment?
2) Know value chain areas where players can create value?
3) Teritorry that may see a steep rise in CAGR & Y-O-Y growth?
4) What geographic region would have better demand for products/services?
5) What opportunity emerging territory would offer to established and new entrants in Global Sodium Thiosulphate (CAS 7772-98-7) market?
6) Risk side analysis connected with service providers?
7) How influencing are factors driving the demand of Global Sodium Thiosulphate (CAS 7772-98-7) in the next few years?
8) What is the impact analysis of various factors in the Global Sodium Thiosulphate (CAS 7772-98-7) market growth?
9) What strategies of big players help them acquire a share in a mature market?
10) How Technology and Customer-Centric Innovation is bringing big Change in Global Sodium Thiosulphate (CAS 7772-98-7) Market?
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Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
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