Sodium Hydrosulfite Market | Potential, recent growth segments

0

Sodium Hydrosulfite Market

Precision Business Insights Published Research Report on ‘Global Sodium Hydrosulfite Market: By Process (Zinc Process, Sodium Formate Process, Others), By Formulation (Powder, Liquid), By Application (Textiles, wood pulp bleaching, mineral flotation, food and drink, Cosmetics and personal care, Others) and Geography – Global / regional / country forecasts to 2027 »

The global sodium hydrosulfite market was valued at US $ 1.7 billion in 2020 and is expected to register US $ 1.98 billion through 2027, with a CAGR of 2.2% over the forecast period 2021 -2027.

View detailed description of the report https://precisionbusinessinsights.com/market-reports/sodium-hydrosulfite-market/

Growing demand for sodium hydrosulfite from different industries boosts global sodium hydrosulfite market
Sodium hydrosulfite is available as a white crystalline powder with a faint sulfur odor. It acts as a reducing agent in different fabrics like cotton, nylon and wool and others. It is also used as a bleaching agent. In addition, sodium hydrosulfite greatly helps in bleaching fabrics. There is an increasing demand from the wood pulp industry for sodium hydrosulfite as it thins wood pulp. There are several factors that cause the global Sodium Hydrosulfite market to witness huge revenue share during the forecast period owing to such factors as numerous applications of Sodium Hydrosulfite, technological developments in the manufacture of Sodium Hydrosulfite. ‘sodium hydrosulfite and raw materials supplied by several key players for the manufacture of sodium hydrosulfite. Huge demand for sodium hydrosulfite from various industries such as pulp, beverages, cosmetics, food, paper and textile is a driving factor of the market during the forecast period . On the other hand, the decline in the pulp and paper market and the availability of substitute products are expected to hamper the growth of the sodium hydrosulfite market in the coming years.

Regional Analysis: Global Sodium Hydrosulfite Market
The global sodium hydrosulfite market is categorized into various regions such as Asia-Pacific, Europe, North America, Africa, and Middle East. The Asia-Pacific Sodium Hydrosulfite market registered the highest share in 2018 among all other regions due to the growth of the paper industry in the region, the growing number of manufacturing industries in the region. ‘sodium hydrosulfite in South Korea, China and APAC countries and the huge demand for textiles from the growing urban population. . The European Sodium Hydrosulfite market offers several profitable opportunities for major players over the forecast years due to technological advancements in manufacturing process, growth in disposable income and growing number of end user industries. In the region. All of these factors go a long way in boosting the market revenue in Europe in the years to come.

Request a sample report https://precisionbusinessinsights.com/request-sample?product_id=38394

Competitive assessment
There are several players operating in the global sodium hydrosulfite market: BASF SE, Montgomery Chemicals, Guangdong ZhongCheng Chemicals Inc. Ltd, AZ Chemicals Inc., Bruggemann Chemical, TCP Limited, Chemtrade Logistics Inc., Royce International Corp., Mitsubisi Gas Chemical Company Inc., Jinhe Group, Finetech Industry Limited, Transpek-Silox, Hubei Yihua Group, Jiacheng Chemical, Shuangqiao Chemical and Jingrui Chemical. The major market players are highly focused on following a few effective strategies such as acquisitions, mergers and bringing new products to market to maintain their position in the market.

Contact:
Mr. Satya
Precision Business InsightsTM | Toll free: +1 866 598 1553
Email: [email protected]
Kemp House, 152 – 160 City Road, London EC1V 2NX
The Web: https://precisionbusinessinsights.com/ | DUNS® number: 852781747

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research information. Our various market research experts are passionate about market research and therefore produce high quality research reports. We have over 500 clients with whom we have a good business partnership and the ability to provide in-depth research analysis for over 30 countries. In addition to providing over 150 custom solutions, we already have accounts with the five major medical device manufacturers.

Precision Business Insights offers a variety of cost-effective, personalized research services to meet specific research requirements. We are one of the leading providers of research services due to our large database built by our experts and the services we provide.

This version was posted on openPR.


Source link

Share.

About Author

Leave A Reply