Sodium Ethasulfate Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI1376
Global Sodium Ethasulfate Market Size will be driven by the growth in global textiles and chemical industries, where it finds extensive usage as an intermediate chemical during the end-product manufacturing process.
Sodium ethasulfate market will likely grow owing to the product stability as well as its unique penetrating and solubility properties. It is a colorless and non-flammable liquid that is synthesized by converting butyraldehyde to alcohol using aldol condensation which produces sodium salt of sulfate and then fuming the salt with sulfuric acid and sodium hydroxide.
Sodium ethasulfate market will witness growth due to the products extensive use in chemical manufacturing and textile industries. Improving quality of life in emerging economies is leading to a boost in the global textiles industry. The chemicals manufacturing industry will be experiencing high growth during the forecast timeframe due to growing world population and lifestyle changes.
Importance given by governments and citizens to better quality medical services and products will propel the sodium ethasulfate market as the product is used in antiseptics and antibiotics. Its use in food processing and metalworking industries will likely augment the industry in the coming years.
The product causes irritation when it comes in contact with skin or eyes and has moderate toxicity. Due to its use in food processing, it is governed by U.S. FDA and U.S. EPA. Strict regulations pertaining to the product concentration may hamper the sodium ethasulfate market in the forecast timeframe.
By application, sodium ethasulfate market is segmented as wetting agents, bleaching agents, chemical intermediates, surfactants and others. It is used as a wetting agent to increase efficiency of antiseptic solutions and enhancing the activity of antibiotics in pharmaceutical applications. As a bleaching agent, it is used in textile processing along with calcium hypochlorite. The product is also used in textiles industries as a mercerizing and wetting agent where it can withstand the effects of concentrated liquors.
Food processing industries employs the product as a wetting agent during lye washing and lye peeling as it helps in speeding the peeling process and to remove field soil, chemical residues, and microorganisms. Food processing industry has a high growth potential in the future and will likely propel the sodium ethasulfate market. The products use as a coupling agent for inorganic salts in agriculture and as an intermediary in agrochemicals will augment the industry owing to the emphasis given by countries on food security.
Sodium ethasulfate market is expected to grow due to its use in metal working industry where it is used as a surfactant in acid pickling baths. It is used as a surfactant in printing operations where it provides emulsification balance. It is also employed in electrolytic cleaning to reduce surface tension of the solution and help in release of hydrogen bubbles. The growth in metal processing industry will positively influence the sodium ethasulfate market as the product is employed in plating operations to eliminate pitting due to impurities and in alkaline degreasing baths.
Sodium ethasulfate market has many end user industries such as textiles, chemicals, pharmaceuticals, agrochemicals, food processing, metal working, etc. The growth observed in textile industry due to lifestyle changes and increasing purchasing power of customers will boost the growth. Chemical and pharmaceutical industries will also augment the sodium ethasulfate market, owing to extensive product use in these fields. Sodium ethasulfate market will also be boosted by the growth observed in agrochemicals and food processing industries.
Sodium ethasulfate market segmentation by region consists of North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Asia pacific, led by China and India, has a substantial share of the overall sodium ethasulfate market owing to the booming chemicals and textile industry in this region. North America and Europe are already at a matured stage and will grow at a slow rate in the forecast period.
Latin America sodium ethasulfate market is likely to witness growth owing to the booming pharmaceutical, chemical and food processing industries in this region. Middle east & Africa region is expected to witness steady growth during this time due to improving economic condition in this region which will increase consumption of chemicals, textiles, pharmaceuticals and agrochemicals.
Key players in the sodium ethasulfate market are Alpha Chemicals, Niacet Corporation, Stephan Company, Solvay, Sigma-Aldrich, Finetech Industry Ltd, AN PharmaTech, Ark Pharm Inc, Angene Chemicals, Glentham Life Sciences, ChemTik, Nanjing Kaimubo Pharmatech, RennoTech, IS Chemical Technology and Tractus.
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