Press release
Calcium Sulfite Market to Witness Exponential Growth by 2025
Calcium Sulfite Market: Drivers and RestraintsCalcium Sulfite market is witnessing maximum growth owing to the significant use of calcium sulfite as antioxidants in food & drug industry, availability of calcium sulfite in most volume such as bulk quantities, and expanding demand for food additives. Moreover, readily availability of calcium sulfite, new drug formulations, and unique chemical properties such as strong reductant, a toxicant against pyrite, and an alkaline material which are useful in inhibiting the formation of acid in coal waste are some of the factors that can boost the demand for calcium sulfite over the forecast period.
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However, substitute to calcium sulfite namely potassium metabisulfite along with may provoke allergic reactions especially in asthmatics patients, and stringent government regulations such as banned in some countries namely Australia, and New Zealand may hamper the growth of calcium sulfite market in the near future.
Calcium Sulfite Market: Overview
Calcium Sulfite market revenue is expected to grow at a rapid growth rate, over the forecast period. The market is anticipated to perform well in the near future owing to expanding food industry, rising R&D activities to overcome the harmful effect of calcium sulfite, increasing demand for ready-to-eat food, and act as a bleaching agent, a flavor enhancer. Moreover, it is used as food preservation in fruit based products which helps in increasing the firmness of food are some of the factors that can accelerate the market revenue growth of calcium sulfite during the forecast period.
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Calcium Sulfite Market: Region-wise Outlook
Depending on the geographic region, calcium sulfite market is divided into seven key regions: North America, Eastern Europe, Latin America, Western Europe, Japan, Asia-Pacific, and the Middle East & Africa. North America dominates the calcium sulfite market followed by Europe, and Japan is owing to advanced technology, high awareness about calcium sulfite, high demand for processed food, and advanced research & development infrastructure in these regions.
Asia Pacific, Middle East, and Africa hold significant potential and shows substantial growth in terms of expanding food & beverage industry, pharmaceutical industry along with increasing demand for packaged food, rising disposable income, and changing lifestyle are some of the factors which strengthen the growth of calcium sulfite market throughout the forecast period.
Calcium Sulfite Market: Key Players
Some players of calcium sulfite market are All-Chemie, Ltd., Espicorp Inc., Hydrite Chemical Co., Surepure Chemetals, Inc., ICC Industries, Inc., American Elements, GFS Chemicals, Inc., Barium & Chemicals, Inc., NOAH Technologies Corporation, Pure Tech Inc., Aditya Birla Chemicals, Shimmer Chemicals Private Limited, and Qingdao Sunny Energy Saving Materials Co., Ltd.
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