Sodium Sulfide 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_
23126 | Date :
Jan, 2023 | Pages :
180 | Region : Global |
Publisher : RI
Sodium sulfide is a yellow, solid flake with a sulfurous (rotten egg) smell. It is the name used to refer to the chemical compound Na2S but more commonly its hydrate Na2S.9H2O. Both are colorless water-soluble salts that give strongly alkaline solutions. It is usually obtained by heating sodium sulfate with coal or hydrogen. Sodium sulfide may be used in the making of colors and dyes. It can also be used in the manufacture of other chemicals, metals or in mining (ore processing) and in waste water, soil and process sludge treatment.
In the recent years, sodium sulfide capacity showed a trend of steady growth. At present, China, Europe and USA are the major manufacturing and consumption market in the world. China is the leading producer of sodium sulfide in the world, responsible for 55.95% production market share of world and the USA is second after China, estimated to account for about 14.50% production share in 2016. The major manufacturers of sodium sulfide are concentrated in Solvay, Tessenderlo Group, Nafine Chemical Industry, Shenhong Chemical and Longfu Group in the world.
The raw material of sodium sulfide is from mirabilite, China holds the world\'s largest mirabilite reserves and has been focusing on expanding production capacities of sodium sulfide in order to meet the global demand.
Due to reasons such as environmental protection, sodium sulfide manufacturer with environmental problems meets increase pressure, and this is also reflected in the gross margin.
The product is widely used in many industries, fluctuations in the price of the upstream product will have an impact on the production cost of sodium sulfide industry. In addition, the price of sodium sulfide is also affected by the global economy influence.
The global 2016 sodium sulfide production will reach 1293.5 K MT from 1075.8 K MT in 2012.
Overall, although some factors limit the development of the market, because of the improvement of manufacturing technology, the sodium sulfide industry will be promoted in coming years. Therefore, we recommend you enter into the field if you have fixed downstream customers.
The Global Sodium Sulfide Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Sodium Sulfide Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Solvay
Tessenderlo Group
PPG Industries
ISSC (IRSS)
ICS Industriechemikalien Schwefelnatrium
Sankyo Kasei
Novochrom
Rahul Barium Chemicals
Nafine Chemical Industry
Shenhong Chemical
Longfu Group
Yabulai Salt Chem
Jiaxin Chemical
HaMi HongShan Chemistry
Guangxin Chemical
Xinji Chemical Group
Shaanxi Fuhua Chemical
Inner Mongolia Lichuan Chemical
Sichuan Meishan Tianhe Chemical
Xinxing Chem
In Market segmentation by geographical regions, the report has analysed 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 :
Low Ferric Sodium Sulfide
Crystal Sodium Sulfide
Anhydrous Sodium Sulfide In Market segmentation by applications :
Dye industry
Leather industry
Metal smelting industry
Other
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Sodium Sulfide Market for the forecast period 2023 - 2030?
• What are the driving forces in the Sodium Sulfide 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 Sulfide 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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