Sodium Bisulphite Market Analysis and Forecast by Future Market Insights
Increasing global concerns of food supply chain such as damage during storage, delay in transportation, etc. has resulted in a greater significance in preserving food and consequently using preservatives as a way to prolong the shelf-life of food products. Hence, there is an increasing demand for sodium bisulphite is as a preservative. It is also used as a preservative agent in the photography and film industry which is in turn driving the global sodium bisulphite market growth.
The growing wastewater treatmentindustry is also anticipated to fuel the growth of global sodium bisulphite market along with the increasing concerns over wastewater complexities and government pressures have upturned the OEM’s towards the launching of higher technologies for wastewater treatment, thereby driving the demand for sodium bisulphite across the globe.
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Sodium Bisulphite: Drivers & Restraints
The increasing demand sodium bisulphite in end-user industries across the globe is driving market growth of global sodium bisulphite market. Rising use of sodium bisulphite in the wastewater treatment is the major driving force for the global sodium bisulphite industry. The use of sodium bisulfite solution has increased for De-chlorination, consistent with developments in wastewater treatment and growth in population which is acting as one of the prominent driving factors for the global sodium bisulphite market.
The major restraint in the global sodium bisulphite market implies to be the availability of close substitute such as sodium metabisulphite. Also, another challenge to the industry is the adverse health effects from the use and exposure of sodium bisulphite. Also, it is regulated to be used in fresh produces that are intended to be served raw. This regulation is also expected to impose a challenge to the global sodium bisulphite market.
Sodium Bisulphite: Segmentation
On the basis of end use sector the global sodium bisulphite market is segmented as food, wastewater treatment, paper and pulp, photography and film, and others (textiles, oil and gas etc.)
On the basis of grades the global sodium bisulphite market is segmented as food grade and technical grade
On the basis of functionality the global sodium bisulphite market is segmented as bleaching agent, additive, preservative, reducing agent, DE-chlorinating agent and others
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Sodium Bisulphite: Region-wise Outlook
The global sodium bisulphite market is expected to register a favourable growth for the forecast period, 2016-2026. Asia-Pacific is projected to endure its control on the global bisulphite market. The key countries in the mentioned region are projected to be India and China as an outcome of increasing wealth which is resulting in increasing demand for processed food. China is expected to be the largest opportunity in terms of revenue of the industry. Europe and North America are expected to follow Asia Pacific in global sodium bisulphite market. Rest of the world is also expected to register a favourable growth in global sodium bisulphite market
Sodium Bisulphite: Key Players
Some of the key market participants in global sodium bisulphite market are Calabrian Corporation, Solvay, Aditya Birla Chemicals, BASF SE, Dow Chemicals, and Shandong Kailong Chemical Industry Technology Co., Ltd. And others
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