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Global Sodium Hydrosulphite Market: By Form: Liquid, Powder, Others; By Process: Zinc Process, Sodium Formate Process, Others; By Application: Wood Pulp Bleaching, Textile, Clay Bleaching, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Sodium Hydrosulphite Market Outlook
The global sodium hydrosulphite market is significantly supported by the growth of bleaching chemical market, which attained USD 769 million in 2020 and is expected to grow at a CAGR of 4% in the forecast period of 2023-2028.
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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.
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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.
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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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Form, Process, Application, Region |
| Breakup by Form | Liquid, Powder, Others |
| Breakup by Process | Zinc Process, Sodium Formate Process, Others |
| Breakup by Application | Wood Pulp Bleaching, Textile, Clay Bleaching, Mineral Flotations, Others |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends-Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | BASF SE, Chemtrade Logistics Inc., TCP Limited, AZ Chemicals, Inc., Jinhe Sodium Hydrosulfite Factory Co., Ltd., Guangdi Chemical Co., Ltd., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Sodium Hydrosulphite Market Analysis
8.1 Key Industry Highlights
8.2 Global Sodium Hydrosulphite Historical Market (2018-2022)
8.3 Global Sodium Hydrosulphite Market Forecast (2023-2028)
8.4 Global Sodium Hydrosulphite Market by Form
8.4.1 Liquid
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Powder
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Others
8.5 Global Sodium Hydrosulphite Market by Process
8.5.1 Zinc Process
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Sodium Formate Process
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Others
8.6 Global Sodium Hydrosulphite Market by Application
8.6.1 Wood Pulp Bleaching
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Textile
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Clay Bleaching
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Mineral Flotations
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Others
8.7 Global Sodium Hydrosulphite Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America Sodium Hydrosulphite Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Sodium Hydrosulphite Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Sodium Hydrosulphite Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Sodium Hydrosulphite Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Sodium Hydrosulphite Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 BASF SE
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Chemtrade Logistics Inc.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 TCP Limited
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 AZ Chemicals, Inc.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Jinhe Sodium Hydrosulphite Factory Co., Ltd.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Guangdi Chemical Co., Ltd.
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Others
18 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Sodium Hydrosulphite Market: Key Industry Highlights, 2018 and 2028
2. Global Sodium Hydrosulphite Historical Market: Breakup by Form (USD Million), 2018-2022
3. Global Sodium Hydrosulphite Market Forecast: Breakup by Form (USD Million), 2023-2028
4. Global Sodium Hydrosulphite Historical Market: Breakup by Process (USD Million), 2018-2022
5. Global Sodium Hydrosulphite Market Forecast: Breakup by Process (USD Million), 2023-2028
6. Global Sodium Hydrosulphite Historical Market: Breakup by Application (USD Million), 2018-2022
7. Global Sodium Hydrosulphite Market Forecast: Breakup by Application (USD Million), 2023-2028
8. Global Sodium Hydrosulphite Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Sodium Hydrosulphite Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Sodium Hydrosulphite Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Sodium Hydrosulphite Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Sodium Hydrosulphite Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Sodium Hydrosulphite Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Sodium Hydrosulphite Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Sodium Hydrosulphite Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Sodium Hydrosulphite Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Sodium Hydrosulphite Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Sodium Hydrosulphite Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Sodium Hydrosulphite Market Forecast: Breakup by Country (USD Million), 2023-2028
20. North America Historical Price Trends and Forecast 2018-2028
21. Europe Historical Price Trends and Forecast 2018-2028
22. Asia Pacific Historical Price Trends and Forecast 2018-2028
23. Latin America Historical Price Trends and Forecast 2018-2028
24. Middle East and Africa Historical Price Trends and Forecast 2018-2028
25. Global Sodium Hydrosulphite Market Structure
Key Questions Answered in the Report
In 2020, the global sodium hydrosulphite market attained a value of nearly USD 769 million.
The market is projected to grow at a CAGR of 4% between 2023 and 2028.
The major drivers of the market include the increasing disposable incomes, growing eagerness of shoppers to keep up with the latest fashion trends, rising demand from the textile industry and a rapid upsurge in demand for paper products.
The growth of bleaching chemical market and rising consumer confidence are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The market is divided in terms of form into liquid and powder, among others.
Based on process, the market is segmented into zinc process and sodium formate process, among others.
In terms of application, the market is categorised into wood pulp bleaching, textile, clay bleaching, and mineral flotations, among others.
The major players in the industry are BASF SE, Chemtrade Logistics Inc., TCP Limited, AZ Chemicals, Inc., Jinhe Sodium Hydrosulfite Factory Co., Ltd., and Guangdi Chemical Co., Ltd., among others.
Analyst Review
The global sodium hydrosulphite market attained a value of nearly USD 769 million in 2020, driven by the growth of bleaching chemical market. Aided by increasing disposable incomes and growing eagerness of shoppers to keep up with the latest fashion trends, the market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 4%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The market is divided in terms of form into liquid and powder, among others. Based on process, the market is segmented into zinc process and sodium formate process, among others. In terms of application, the market is categorised into wood pulp bleaching, textile, clay bleaching, and mineral flotations, among others. The major regional markets for sodium hydrosulphite are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The major players in the industry are BASF SE, Chemtrade Logistics Inc., TCP Limited, AZ Chemicals, Inc., Jinhe Sodium Hydrosulfite Factory Co., Ltd., and Guangdi Chemical Co., Ltd., among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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