Global Sodium Hydrosulphite Market Report and Forecast 2024-2032

Global Sodium Hydrosulphite Market Outlook

The global sodium hydrosulphite market is significantly supported by the growth of bleaching chemical market, which attained USD 864.24 million in 2023 and is expected to grow at a CAGR of 4% in the forecast period of 2024-2032.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Asia Pacific to Lead the Market Growth of Sodium Hydrosulphite

Geographically, the largest market for sodium hydrosulphite is Asia-Pacific, followed by North America and Europe. The Asia-Pacific sodium hydrosulphite market is expected to grow at the fastest rate during the forecast period, which is driven by major textile producing countries such as China. Other major textile manufacturing nations, such as India, Japan and Bangladesh, account for a significant proportion of the market as well. Rising demand from the textile industry and a rapid upsurge in demand for paper products in the Asia-Pacific region are some of the factors behind the increasing demand for sodium hydrosulphite.

Sodium Hydrosulphite: Market Segmentation

Sodium hydrosulphite is a yellow or colourless crystal denoted by the formula NaHS. Usually, sodium hydrosulphite is known as sodium dithionite. Under typical conditions, it is stable and breaks down after coming into contact with acid/compound or hot water. Sodium hydrosulphite is often used for bleaching purposes in the paper and pulp industry, textile processing, mineral ore flotation, and food additives.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

The market is divided in terms of form into:

• Liquid
• Powder
• Others

On the basis of process, the market is segmented into:

• Zinc Process
• Sodium Formate Process
• Others

In terms of application, the market is categorized into:

• Wood Pulp Bleaching
• Textile
• Clay Bleaching
• Mineral Flotations
• Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Rising Demand for Textiles to Aid the Market Growth of Sodium Hydrosulphite

Rising consumer confidence, increasing disposable incomes, and growing eagerness of shoppers to keep up with the latest fashion trends are some of the major factors driving the growth of the textile industry. The consumer can spend more on clothing because of the low impact of the economic recession and the increase in disposable income. Thus, the increase in the level of consumer confidence allows them to easily spend money on apparel, which is indirectly expected to drive the market growth of sodium hydrosulphite.

However, the market is anticipated to be restrained by the rapid global digitalization in the developed regions like North America and Europe.

Key Industry Players in the Global Sodium Hydrosulphite Market

The report gives a detailed analysis of the following key players in the global sodium hydrosulphite market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• BASF SE
• Chemtrade Logistics Inc.
• TCP Limited 
• AZ Chemicals, Inc.
• Jinhe Sodium Hydrosulfite Factory Co., Ltd. 
• Guangdi Chemical Co., Ltd.
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report