Global Sodium Sulphite Market Has Witnessed A Grow CAGR Of 1.1% by 2030

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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Market Players: –

The global sodium sulphite market is totally fragmented in nature, where some of the key players hold a major portion of the market. BASF, Ineos Calabrian, Solvay Minerals Inc., Guangdi Chemicals, Rongde Chemicals, Kayon Chemicals, and Hemani Group are key players in the sodium sulphite market. However, due to declining demand and government restrictions, the market has remained sluggish since 2018.

Key partners in Market including industry players, policymakers, and financial backers in different nations have been persistently realigning their systems and ways to deal with carry out them to take advantage of new open doors. Numerous lately have updated their procedures to stay coordinated in the setting of overall disturbances brought about by the COVID-19 pandemic.

What Do You Get in a Fact.MR Study?

  • Factors affecting the overall development of the global Sodium Sulphite Market
  • Factor that might restrain the growth of the global market in the coming years of the forecast period.
  • What is present competitive scenario of the global Sodium Sulphite Market and its intricate details concerning potential business prospects of leading market players
  • Pricing strategies of several different market players in the global Sodium Sulphite Market

Sodium Sulphite Market: Segmentation

Fact.MR has studied the global sodium sulphite market with detailed segmentation on the basis of grade, application, end use, and region.

Grade

  • Industrial
  • Food

Application

  • Dissolving Agents
  • De-chlorinating Agents
  • Preservatives
  • Oxygen Scavengers
  • Photographic Films
  • Chemical Intermediates

End Use

  • Pulp & Paper Industry
  • Water Treatment Industry
  • Food & Beverages
  • Cosmetics
  • Pharmaceuticals
  • Others

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
  • EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
  • CIS & Russia
  • Japan
  • Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)

How Fact.MR Assists in Making Strategic Moves?

The data provided in the Sodium Sulphite Market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.

The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

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