Sodium Metabisulfite Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
22321 | Date :
Jan, 2023 | Pages :
180 | Region : Global |
Publisher : RI
Sodium Metabisulfite (SMBS) is a sodium salt, white/creamy in color, and dissolvable in water. The chemical formula for it is Na2S2O5, an inorganic compound made up of sodium, sulfur, and oxygen, and used in many industries such as food, textile, mining, water treatment, and paper.
China is the main sodium metabisulfite manufacturing region. By the end of 2016, there are a lot of manufacturers in China and most of them are private company with small capacity. The industry has high dispersion. The price of sodium metabisulfite is affected directly by Sodium Carbonate and Sulfur. The prices of Sodium Carbonate and Sulfur increase sharply in the last few weeks.
In terms of volume, the global sodium metabisulfite production was 1975.7 K MT in 2016, and it is predicted to reach 3193.3 K MT in 2023. In 2016, the global Sodium Metabisulfite market is led by China, capturing about 37.54% of global Sodium Metabisulfite production. Europe is the second-largest region-wise market with 24.82% global production share.
At present, the major manufacturers of Sodium Metabisulfite are Solvay, INEOS Calabrian, Esseco, Kailong Chemical Technology, BASF, Metabisulphite Nusantara, Şişecam, Jiading Malu Chemical, Tian Chuang Chemical and Huizhong Chemical Industry.
In application, Sodium Metabisulfite downstream is wide and recently Sodium Metabisulfite has acquired increasing significance in various fields of Water Treatment, Pulp & Paper Industry, Textile Industry, Mining Industry, Construction Industry, Food Industry and others.
The Global Sodium Metabisulfite Market touched xxx million USD with a CAGR xx % from 2018-2022 around the world. In the future, it is predicted to reach xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
As the report focuses on global Sodium Metabisulfite Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
Esseco
INEOS calabrian
BASF
Jiading Malu Chemical
Metabisulphite Nusantara
Kailong Chemical Technolog
Tian Chuang Chemical
Huizhong Chemical Industry
Yinqiao Technology
Rongjin Chemical
In Market segmentation by geographical regions, the report has analyzed the following regions- North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Food Grade
Industrial Grade
Photo Grade In Market segmentation by applications :
Water Treatment
Pulp & Paper Industry
Textile Industry
Mining Industry
Food Industry
Photographic Industry
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Sodium Metabisulfite Market for the forecast period 2023 - 2030?
• What are the driving forces in the Sodium Metabisulfite Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Sodium Metabisulfite industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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