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Technavio’s sodium hydrosulfite market forecast identifies that the growing demand for sodium hydrosulfite from the paper and pulp industry will be one of the major factors that will have a positive impact on the sodium hydrosulfite market growth. Manufacturers use sodium hydrosulfite to reduce the yellow color caused by the presence of cellulose in the pulp. This in turn, helps them to brighten the paper. Sodium hydrosulfite can easily decolorize the acidic dyes and direct dyes used in the pulp and paper industry by breaking the azo groups. This is driving its adoption as a reducing agent and a replacement of hydrogen peroxide. In addition, it is also used in refiner bleaching, which results in an increased brightness, from 50% to 95%. Our sodium hydrosulfite market research report predicts that this global market will post a revenue of close to USD 1.4 billion by 2021.
One of the key trends that will drive the growth prospects for the global sodium hydrosulfite market during the estimated period is the increasing use of sodium hydrosulfite in cosmetics. A large number of manufacturers prefer the addition of sodium hydrosulfite to produce beauty products, deodorants, hair dyes, hair colors, and moisturizers. It is also used in hair waving and straightening agents because it has the ability to split disulfide bonds in hair. Furthermore, it is also used as an oxygen based bleach.
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The sodium hydrosulfite market is characterized by the presence of established vendors. Domestic vendors are focusing on offering minimal product differentiation to sustain in the competitive market. The international vendors are focusing on gaining a competitive edge over the other players by differentiating their products in terms of features, price, service, and performance.
Key vendors in this market are -
Other prominent vendors in the market include Alfa Chemistry, BrüggemannGruppe, Chemtrade Logistics, Esseco Group, Finetech Industry, Montgomery Chemicals, Globe Chemicals, Royce, TCP, TCI Chemicals, and Triveni Interchem.
Owing to various factors such as the demographic changes, rapid urbanization, increase in disposable income, and change in consumer lifestyle, the sodium hydrosulfite market is witnessing considerable growth in the textile segment. Sodium hydrosulfite is extensively used in the textile chemicals industry to optimize the colorfastness in the dyes. The adoption of sodium hydrosulfite will continue to increase throughout the projected period because it acts as a bleaching agent and removes the excess pigments.
China is the major contributor towards the sodium hydrosulfite market in APAC. The increasing demand for sodium hydrosulfite in specialty paper products and textiles will continue to drive the market’s growth in China. The presence of several producers and consumers of sodium hydrosulfite is high in the region. The consumption of sodium hydrosulfite as a bleaching agent or industrial bleach will continue to increase in the textiles markets in China, India, Bangladesh, and Pakistan.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
PART 06: MARKET SEGMENTATION BY APPLICATION
PART 07: REGIONAL LANDSCAPE
PART 08: DECISION FRAMEWORK
PART 09: DRIVERS AND CHALLENGES
PART 10: MARKET TRENDS
PART 11: KEY VENDOR ANALYSIS
PART 12: KEY VENDOR ANALYSIS
PART 13: APPENDIX
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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