Sodium Metabisulfite Market Size

Sodium Metabisulfite Market Size

Sodium Metabisulfite Market size estimated at USD 326 million in 2018 and will exhibit growth of over 6.3% from 2019 to 2025.

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Sodium metabisulfite market is driven by flourishing food & beverage industry especially in developed nations like the U.S. along with growing demand for food packaging in order to preserve food quality has considerably propelled the market size over the forecast time period. Sodium metabisulfite is an inorganic compound comprised of oxygen, sodium and sulfur it is soluble in water and glycerin which makes it an ideal compound for applications in various industries. Owing to its antimicrobial properties, sodium metabisulfite can be used as a, preservative, reducing agent, antioxidant, disinfectant, color fixative, leavening agent and bleaching agent in alcoholic beverages such as wine, cocktail mixes, wine coolers, etc., pastries including cookies, quiche crust, pizza crust, crackers, mixes with dried fruits and juices, etc. For instance, BASF markets its Food Grade sodium metabisulfite that is mainly used to protect shellfish against melanosis. In addition, sodium metabisulfite is widely used in effluent water-treatment to eliminate chlorine, it is also used in purification of aldehydes & ketones. This inclination was particularly driven by growing population in developing nations where waste water treatment issues have come up. In 2018, the annual global demand for freshwater rose over 60 billion cubic meters which reflects great opportunities of product demand in water treatment applications.
 

Soaring operational costs and stringent labor regulations in Belgium, Germany, Italy, have shifted the leather industry to several Asian nations such as India, China, and South Korea. This is attributable to abundant raw material reserves with access to over 20% of the global cattle population and the labor-intensive tannery industry. For instance, China leather exports surpassed USD 78 billion in 2018, which indicates growth potential for the sodium metabisulfite market. Sodium metabisulfite is used in solubilizing tanning extracts thereby acting as an auxiliary in decalcification and bleaching process.
 

Sodium metabisulfite is widely used in food industry, however it is observed that when the product is exposed to human in pure form can be hazardous thereby leading to serious health issues such as irritation in the respiratory tracts, dysfunctional gastrointestinal system etc. Moreover, the toxic pollutants like hydrogen sulfide gas that is emitted during downstream operations in the pulp & paper industry may likely restrain market growth.