Growth bar in Sodium Metabisulfite industry increases as new technology emerge

Based on Research Beam investigation, the production of sodium metabisulfite increased from approximately 70 tonnes in 2011 to approximately 850 tonnes in 2016, with a CAGR of around 4% in 2011-2016. And the market scale accounted for RMB1.8 billion in 2016, rising by 4%.

In 2016, Shandong Kailong Chemical Technology Development Co., Ltd. is the largest sodium metabisulfite manufacturer in China, with its output accounting for approximately 18% of China’s total.

As for downstream demand, industrial grade sodium metabisulfite is the largest consumption, medical grade sodium metabisulfite is follow by, and 40% industrial-grade sodium metabisulfite is used in sodium hydrosulfite.

Save Upto 15% on this Report @ https://www.researchbeam.com/research-on-sodium-metabisulfite-in-china-2017-2022-market/purchase-enquiry

Raw materials of sodium metabisulfite are are soda ash and sulphur. There are plenty manufacturers of the two materials, contributing to abundant supply for producing sodium metabisulfite.

Sodium metabisulfite industry is close to other industries of national economy, which in turn drives the industry forward. Since the demand at the downstream of the industry is increasing, its market prospect is quite wide. In the next few years, as industries at the downstream develop fast, sales scale of sodium metabisulfite will rise up stably, which is predicted to be close to RMB2.3 billion.

Get the sample PDF Brochure of market study @ https://www.researchbeam.com/research-on-sodium-metabisulfite-in-china-2017-2022-market/request-sample

Contact Us

5933 NE Win Sivers Drive,
#205, Portland, OR 97220
United States
Toll Free: +1 (800) 910-6452
Int'l: +1-971-202-1575
help@researchbeam.com

About Us

It is crucial for market players to take leaps strategically and update themselves with recent trends, opportunities, and emerging investment pockets. We, at “Research Beam”, adhere to these factors and offer a wide range of reports that are detailed and enable our clients to achieve their goals with long term planning coupled with competitive advantage.

Our database includes a broad array of various market reports from numerous publishers across the globe. These reports of several market categories and sub-categories help our clients to find the exact report they are looking for. We are instrumental to provide quantitative and qualitative insights in their area of interest and bring reports from various publishers under one umbrella to save their time and money. Our clients across the world are gaining profits from the information given in the reports sourced by us.

This release was published on openPR.