The global demand for Ferric Sodium Sulphide Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Ferric sodium sulphide is a chemical compound having a chemical formula Na2S. It is a colorless and water-soluble salt that offers alkaline solutions. Ferric sodium sulphide and its hydrates produce hydrogen sulphide and emit an odor like rotten eggs when coming in contact with moist air. Owing to the presence of polysulfide, technical grades of ferric sodium sulphide are yellow. In addition to this, it has found its many application, such as it acts as an oxygen scavenging agent in water treatment, a dechlorinating agent in tanneries, and as a textile bleaching agent and sulfonation agent in chemical manufacturing. Moreover, Ferric sodium sulphide is utilized in the high-grade paper, medicine, leather, plastic, dyeing, and printing industries.
The market is mainly driven by the rising demand for hygiene products; soft tissue paper and packaging are anticipated to raise the demand for paper and pulp. The pulp & paper industry converts wood into paper, cardboard, and other products with the help of ferric sodium sulphide. In addition to this, it is used in wastewater treatment for the elimination of metal ions. Moreover, growing personal care applications and rising usage in the mining industry to process many types of ores. These factors boost market growth in the upcoming year. On the flip-side, toxicity to humans, livestock, and agriculture may hamper the market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of ferric sodium sulphide.
The entire ferric sodium sulphide market has been sub-categorized into form and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Pulp & Paper
This section covers regional segmentation which accentuates on current and future demand for ferric sodium sulphide market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Ferric Sodium Sulphide Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the ferric sodium sulphide market include Solvay, Longfu Group, Nafine Group International Co., Ltd., Sankyo Kasei, Hebei Xinji, Chemical Group Co., Ltd., Shaanxi Fuhua Chemical Co., Ltd., Athiappa Chemicals. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.