Overview of the global sodium hydrosulfite market
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.
What's your takeaway?
Technavio's industry research report on the global sodium hydrosulfite market 2017-2021 will help you-
- Identify latent opportunities and explorative solutions in the sodium hydrosulfite market
- Identify your key competition, and what's making them tick?
- Help you build a comprehensive marketing plan, applicable across 50+ countries
Next step: Download FREE sample report | Talk to us
Competitive landscape and key vendors
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 -
- AZ Chemicals
- BASF
- Guangdong ZhongCheng Chemicals
- JINHE GROUP
- MITSUBISHI GAS CHEMICAL
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.
Segmentation by application and analysis of the sodium hydrosulfite market
- Textiles
- Paper and pulp
- Mineral processing
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.
Segmentation by geography and analysis of the sodium hydrosulfite market
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.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global sodium hydrosulfite market?
- What are the key market trends impacting the growth of the global sodium hydrosulfite market?
- What are the challenges to market growth?
- Who are the key vendors in the global sodium hydrosulfite market?
- What are the market opportunities and threats faced by the vendors in the global sodium hydrosulfite market?
- What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the global sodium hydrosulfite market?
Technavio also offers customization on reports based on specific client requirement.