The global sodium sulphite market has witnessed a slow CAGR of 1.1% over the past half-decade. During these years, a major portion of sodium sulphite sales were concentrated in the paper & pulp Industry, with a market share of up to 35%, owing to its utilisation as a dissolving agent in the semi-chemical & acid sulphite pulping process.
The water treatment industry is anticipated to hold a sustainable share of nearly 20% of the sodium sulphite market, attributed to the recycling of waste water and other water systems. Along with its use in the paper and water treatment industry, sodium sulphite is also used as a scavenger in high pressure & medium pressure steam boilers to prevent uncertain functioning, such as caustic embrittlement.
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As per historical analysis, sodium sulphite market consumption is mostly in the pulp & paper industry. Sodium sulphite is used in Kraft’s process, which dissolves the pulp required to produce paper. There is also increasing demand as a dissolving intermediate in the sulphate process. The market application of dissolving agent is anticipated to expand at a nominal pace over the coming years.
Attributed to its reducing properties, sodium sulphite is commercially used as a preservative in the food industry to prevent the fast deterioration of food. This application use of sodium sulphite as a reducing agent may be regarded as the epicentre of growth. Increasing demand for preservatives in packaged food, pharmaceuticals, and cosmetics is fuelling the sodium sulphite.
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Regional Outlook of Sodium Sulphite Market
East Asia and South Asia are dominating regions and account for a majority of the sodium sulphite market share amongst all the prominent regions. Europe has been observed as the most stable market, owing to the production of technical & purity grade that is widely used in various industries, as a result of well-developed production technology in countries such as Germany, Belgium, etc.
However, the United States Food and Drug Association department has banned the product as a preservative, which is set to decline overall demand in the region of North America. Meanwhile, MEA & Latin America are involved in innovation for sodium sulphite to be utilised in multiple ways, such as in oil refineries, pharmaceuticals, etc., owing to the rising demand for sodium sulphite as a reducing agent from chemical industries.
The Sodium Sulphite market report provides the readers with the below-mentioned insights:
- Key trends, including ecological conservation, patented solutions, and globalization.
- Consumption pattern of each segment of the market in every region.
- Detailed study of the factors (positive and negative) impacting the growth of the global Endobronchial Valves market.
- Critical analysis of R&D activities performed by market players to expand their production footprint across various industries.
- Thorough research of effect of the market across various end use industries.
The Sodium Sulphite market report gets rid of the following queries:
- Which end use has the highest rate of consumption and why?
- Which regions are the market players targeting to gain a competitive edge?
- What is the growth forecast of the global market in region?
- What is the Y-o-Y growth rate of the global market?
- Which segment will have the maximum share of the global market by the end of year?
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