Transparency Market Research has published a new
report titled “Sodium Hydrosulfite Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2023.”
According to the report, the global sodium hydrosulfite market was
valued at US$ 1.02 Bn in 2014 and is likely to reach US$ 1.43 Bn in
2023, expanding at a CAGR of 3.8% between 2015 and 2023.Sodium
hydrosulfite, also known as sodium dithionite, is a crystalline white
powder with excellent reducing properties. It is widely used as a
bleaching agent due to its strong reduction capabilities.
This 151 page report gives readers a
comprehensive overview of the Sodium Hydrosulfite market. Browse
Market Research Report @
Sodium hydrosulfite is used in wood pulp
bleaching, textile processing, and mineral ore flotation among
others. Sodium hydroxide is industrially manufactured through
different processes. Zinc dust process, amalgam process, and formate
process are the three most commonly used production processes for
sodium hydrosulfite.
In terms of application, the sodium hydrosulfite
market can be segmented into wood pulp bleaching, textile, mineral
ore flotation, and others (including kaolin bleaching, cosmetics, and
food additives). Wood pulp bleaching and textile processing
constitute major share of the global sodium hydrosulfite market.
Demand for sodium hydrosulfite in the textile industry is anticipated
to increase at the fastest pace during the forecast period.
In terms of demand, Asia Pacific accounted for the
largest share of the global sodium hydrosulfite market in 2014,
primarily due to high consumption in China. Apart from China, textile
manufacturing nations such as India, Bangladesh, Pakistan, and
Vietnam held considerable share of the market in 2014. Asia Pacific
was followed by Europe and North America, which held the second- and
third-largest shares, respectively, in 2014. The market in Asia
Pacific is likely to witness significant growth during the forecast
period due to high demand for paper products.
This, in turn, is estimated to fuel demand for
sodium hydrosulfite in the region. Demand for sodium hydrosulfite in
Latin America and the Middle East & Africa (MEA) is anticipated
to increase during the forecast period. The sodium hydrosulfite
market is consolidated in nature with four players accounting for
over 50% share of the market in 2014. Among them, Guangdong
ZhongCheng Chemicals Inc., Ltd., AZ Chemicals, Inc, Jinhe Group, and
BASF SE constituted major shares of the global sodium hydrosulfite
market in 2014.
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The report provides an in-depth analysis of the
sodium hydrosulfite market in terms of volume (kilo tons) and revenue
(US$ Mn). It includes current demand analysis and forecast for each
application segment at the global and regional level. Regions
analyzed include North America, Europe, Asia Pacific, Latin America
(LATAM), and the Middle East & Africa (MEA). Each region is
further sub-segmented into key countries and sub-regions. The report
segments the global sodium hydrosulfite market as follows:
Sodium Hydrosulfite Market - Application
Analysis
- Wood Pulp Bleaching
- Textile
- Mineral Ore Flotation
- Others (Including Kaolin Bleaching, Cosmetics, etc.)
Sodium Hydrosulfite Market - Regional Analysis
North America
- U.S.
- Rest of North America
Europe
- Germany
- U.K.
- France
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- ASEAN
- Rest of Asia Pacific
Latin America
- Brazil
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
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