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Global Sodium Metabisulphite Market: By Grade: Food Grade, Photo Grade, Non-Food Grade; By Application: Pharmaceutical, Paper and pulp, Food and Beverages, Photography industry, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Sodium Metabisulphite Market Outlook
The global sodium metabisulphite market is expected to grow at a CAGR of 4.6% in the forecast period of 2023-2028.
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Asia Pacific to be among leading regions for the Global Sodium Metabisulphite Market
Asia Pacific and North America are expected to be the potential markets for sodium metabisulphite manufacturers. Rapidly growing food industry including increasing population has boosted the expansion of sodium metabisulphite market within the regions. Asia Pacific region led by China, India, and South Korea may be a key contributor with a big market size. These nations witness growing demand for designer leather apparels, footwear, bags, and accessories concerning rising per capita incomes. Government initiatives to ban poly bags and introduce paper-based products will likely propel market growth within the region. Recovery in industrialized nations and growth within the emerging markets of India, China, Indonesia, Vietnam, and Thailand will eventually gain investments in chemical and pharma, textile and leather, industries.
North America is additionally major marketplace for sodium bisulphite due to the rise in demand for packaged food and beverage products. Europe sodium metabisulphite market led by Italy, United Kingdom, Germany, and various other countries will witness gains in the industry. This region has huge leather processing industry which not only manufacture but also exports differing types of leather from livestock including calves, goat, and sheep that caters to many end-use markets.
Sodium Metabisulphite: Industry Definition and Segments
Sodium metabisulphite is a compound comprising sodium, sulphur, and oxygen. It's also called sodium pyro sulphite. Its formula is Na2S2O5. Sodium metabisulphite is out there within the powder form either in white or yellowish-white colour. It's water soluble and features a peculiar rotten egg smell.
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Sodium metabisulphite on the basis of grade, can be divided into:
- Food Grade
- Photo Grade
- Non-Food Grade
- Others
On the basis of application, sodium metabisulphite can be segmented into:
- Pharmaceutical
- Paper and pulp
- Food and Beverages
- Photography industry
- Water treatment plants
- Others
The regional markets for white oil can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Food and Beverage Industry to Boost the Global Sodium Market
The sodium metabisulphite industry is driven by flourishing food & beverage industry and growing demand within the food packaging sector to preserve food quality mainly in developed nations. The demand for food additives and preservatives is additionally expected to fuel the expansion of the market. Another major driver that boosts the Sodium metabisulphite market growth is wastewater treatment issues in advancing nations using Sodium metabisulphite for effluvium water-treatment to remove chlorine. The worldwide demand for freshwater reflects excellent opportunities for demand in water treatment applications. Increase in research and development in new drug formulation has triggered the market demand of sodium metabisulphite within the pharmaceutical industry.
Sodium metabisulphite is employed in commercial wines to stop oxidation and preserve flavour, which is probably going to realize traction with increase in new brewery firms. With the rise in furniture and decor demand, the marketplace for sodium metabisulphite is predicted to realize significant demand due to its excellent bleaching properties. Rapid industrial expansion is predicted to drive its market. The surging demand in leather and textile industry from the varied countries where the merchandise acts as an auxiliary in bleaching and decalcification process as results of accessibility to premium staple , economic process , technological advancements and growing number of market players will stimulate sodium metabisulphite market growth.
Key Industry Players in the Global Sodium Metabisulphite Market
The report gives a detailed analysis of the following key players in the sodium metabisulphite market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- BASF SE
- Qingdao Tianya Chemical Co., Ltd
- Aditya Birla Chemicals
- INEOS AG
- 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
| 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- Grade, Application, Region |
| Breakup by Grade | Food Grade, Photo Grade, Non-Food Grade, Others |
| Breakup by Application | Pharmaceutical, Paper and pulp, Food and Beverages, Photography industry, Water Treatment Plants, 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, Qingdao Tianya Chemical Co., Ltd, Aditya Birla Chemicals, INEOS AG, 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 Industry Opportunities and Challenges
8 Global Sodium Metabisulphite Market Analysis
8.1 Key Industry Highlights
8.2 Global Sodium Metabisulphite Historical Market (2018-2022)
8.3 Global Sodium Metabisulphite Market Forecast (2023-2028)
8.4 Global Sodium Metabisulphite Market by Grade
8.4.1 Food Grade
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 Photo Grade
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 Non-Food Grade
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Others
8.5 Global Sodium Metabisulphite Market by Application
8.5.1 Pharmaceutical
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 Paper and pulp
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 Food and Beverages
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Photography industry
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Water Treatment Plants
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Others
8.6 Global Sodium Metabisulphite Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country Kingdom
9.2.3.1 United
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 BASF SE
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Qingdao Tianya Chemical Co., Ltd
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Aditya Birla Chemicals
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 INEOS AG
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Others
14 Industry Events and Developments
List of Key Figures and Tables
1. Global Sodium Metabisulphite Market: Key Industry Highlights, 2018 and 2028
2. Global Sodium Metabisulphite Historical Market: Breakup by Grade (USD Billion), 2018-2022
3. Global Sodium Metabisulphite Market Forecast: Breakup by Grade (USD Billion), 2023-2028
4. Global Sodium Metabisulphite Historical Market: Breakup by Application (USD Billion), 2018-2022
5. Global Sodium Metabisulphite Market Forecast: Breakup by Application (USD Billion), 2023-2028
6. Global Sodium Metabisulphite Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Sodium Metabisulphite Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Sodium Metabisulphite Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Sodium Metabisulphite Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Sodium Metabisulphite Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Sodium Metabisulphite Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Sodium Metabisulphite Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Sodium Metabisulphite Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Sodium Metabisulphite Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Sodium Metabisulphite Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Sodium Metabisulphite Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Sodium Metabisulphite Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. North America Historical Price Trends and Forecast (2018-2028)
19. Europe Historical Price Trends and Forecast (2018-2028)
20. Asia Pacific Historical Price Trends and Forecast (2018-2028)
21. Latin America Historical Price Trends and Forecast (2018-2028)
22. Middle East and Africa Historical Price Trends and Forecast (2018-2028)
23. Global Sodium Metabisulphite Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 4.6% between 2021 and 2026.
The major drivers of the industry include rapidly growing food industry, government initiatives to ban poly bags and introduce paper-based products and increasing population.
Technological advancements and growing number of market players are expected to be a key trend guiding the growth of the industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The types of sodium metabisulphite available are food grade, photo grade, and non-food grade, amongst others.
Sodium metabisulphite finds applications as pharmaceutical, paper and pulp, food and beverages, photography industry, and water treatment plants, amongst others.
The leading players in this market are BASF SE, Qingdao Tianya Chemical Co., Ltd, Aditya Birla Chemicals, and INEOS AG, amongst others.
Analyst Review
The global sodium metabisulphite market was driven by rapidly growing food industry, government initiatives to ban poly bags and introduce paper-based products and increasing population. Aided by technological advancements and growing number of market players, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 4.6%.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on the type, the sodium metabisulphite market can be segmented into food grade, photo grade, and non-food grade, amongst others. By application, the industry can be divided into pharmaceutical, paper and pulp, food and beverages, photography industry, and water treatment plants, amongst others. The major regional markets for sodium metabisulphite are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above industry include BASF SE, Qingdao Tianya Chemical Co., Ltd, Aditya Birla Chemicals, and INEOS AG, amongst 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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