As per this study the Global Sodium Bisulfite Market was valued USD XX MN (by revenue) in 2022 and is anticipated to reach USD XX MN by 2030 with a CAGR of XX%.
Sodium bisulfite or sodium hydrogen sulfite is a white crystalline inorganic salt with slight sulfurous odor having chemical formula NaHSO3. It is synthesized by bubbling sulfur dioxide in sodium carbonate (Na2CO3) solution. Sodium bisulfite is used as reducing agent, anti-scaling agent, flame retardant and bleaching agent. Sodium bisulfite has its application in food preservation, corrosion prevention, photo developing process, winemaking, metal finishing, DNA sequencing, and wastewater treatment.
Market Dynamics
The market is witnessing remarkable growth owing to rising demand from end-use industries. Growing demand from the food industry for flavoring agent, food preservation, maintaining acidity, and an emulsifier is driving the market growth. Stringent regulation on dechlorination of wastewater followed by growing demand for a less hazardous dechlorinating agent is also boosting the growth of this market. However, the availability of substitutes such as sodium acetate and sodium metabisulphite may limit the growth of sodium bisulfite.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter's five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of sodium bisulfite.
Market Segmentation
The broad sodium bisulfite market has been sub-grouped into grade and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Type
- Food Grade
- Pharma Grade
- Industrial Grade
By Application
- Food
- Pharmaceutical
- Paper & Leather
- Others
Regional Analysis
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for sodium bisulfite in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Sodium Bisulfite Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the Sodium Bisulfite market include BASF, Arkema, Evonik, Qingdao Tianya Chemical, Shakti Chemicals, Holland Company, Lubon Industry, Calabrian Corporation, Yixing Jincheng Chemical, Nanjing Chemlin Chemical, Shandong Kailong Chemical, Yuanye Chemical, Changzhou Xianzheng Chemical, Hydrite Chemical. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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