Report Content
Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definitions & forecast parameters
1.2. Data sources
1.2.1. Secondary
1.2.2. Primary
Chapter 2. Executive Summary
2.1. Sodium hydrosulfite industry 360° synopsis, 2013 – 2024
2.1.1. Business trends
2.1.2. Process trends
2.1.3. Application trends
2.1.4. Regional trends
Chapter 3. Sodium Hydrosulfite Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Distributor channel analysis
3.4. Industry impact forces
3.4.1. Growth drivers
3.4.1.1. Rising demand for paper products in Asia Pacific
3.4.1.2. High growth in the global textiles industry
3.4.2. Industry pitfalls & challenges
3.4.2.1. Declining capacity of paper & paper board production in North America & Europe
3.4.2.2. High flammability and instability of sodium hydrosulfite
3.5. Growth potential analysis
3.6. Technology trends
3.7. Regulatory trends
3.7.1. U.S.
3.7.2. Europe
3.7.3. China
3.8. Porter’s analysis
3.9. Company market share analysis, 2016
3.9.1. Strategic landscape
3.10. PESTEL analysis
3.11. Regional price trends
3.11.1. Cost structure analysis
3.11.2. Raw material trends
Chapter 4. Sodium Hydrosulfite Market, By Process
4.1. Global sodium hydrosulfite market share by process, 2016 & 2024
4.2. Zinc process
4.2.1. Market estimates and forecasts, 2013 - 2024
4.2.2. Market estimates and forecasts by region, 2013 – 2024
4.3. Sodium formate process
4.3.1. Market estimates and forecasts, 2013 - 2024
4.3.2. Market estimates and forecasts by region, 2013 – 2024
4.4. Others
4.4.1. Market estimates and forecasts, 2013 - 2024
4.4.2. Market estimates and forecasts by region, 2013 – 2024
Chapter 5. Sodium Hydrosulfite Market, By Application
5.1. Global sodium hydrosulfite market share by application, 2016 & 2024
5.2. Wood pulp bleaching
5.2.1. Market estimates and forecasts, 2013 - 2024
5.2.2. Market estimates and forecasts by region, 2013 – 2024
5.3. Textiles
5.3.1. Market estimates and forecasts, 2013 - 2024
5.3.2. Market estimates and forecasts by region, 2013 – 2024
5.4. Mineral flotations
5.4.1. Market estimates and forecasts, 2013 - 2024
5.4.2. Market estimates and forecasts by region, 2013 – 2024
5.5. Others
5.5.1. Market estimates and forecasts, 2013 - 2024
5.5.2. Market estimates and forecasts by region, 2013 – 2024
Chapter 6. Sodium Hydrosulfite Technologies Market, By Region
6.1. Global sodium hydrosulfite market share by region, 2016 & 2024
6.2. North America
6.2.1. North America market estimates and forecast, 2013 - 2024
6.2.2. North America market estimates and forecasts by process, 2013 – 2024
6.2.3. North America market estimates and forecasts by application, 2013 – 2024
6.2.4. U.S.
6.2.4.1. U.S market estimates and forecast, 2013 - 2024
6.2.4.2. U.S. market estimates and forecasts by process, 2013 – 2024
6.2.4.3. U.S. market estimates and forecasts by application, 2013 – 2024
6.2.5. Canada
6.2.5.1. Canada market estimates and forecast, 2013 - 2024
6.2.5.2. Canada market estimates and forecasts by process, 2013 – 2024
6.2.5.3. Canada market estimates and forecasts by application, 2013 – 2024
6.3. Europe
6.3.1. Europe market estimates and forecast, 2013 - 2024
6.3.2. Europe market estimates and forecasts by process, 2013 – 2024
6.3.3. Europe market estimates and forecasts by application, 2013 – 2024
6.3.4. Germany
6.3.4.1. Germany market estimates and forecast, 2013 – 2024
6.3.4.2. Germany market estimates and forecasts by process, 2013 – 2024
6.3.4.3. Germany market estimates and forecasts by application, 2013 – 2024
6.3.5. UK
6.3.5.1. UK market estimates and forecast, 2013 - 2024
6.3.5.2. UK market estimates and forecasts by process, 2013 – 2024
6.3.5.3. UK market estimates and forecasts by application, 2013 – 2024
6.3.6. France
6.3.6.1. France market estimates and forecast, 2013 - 2024
6.3.6.2. France market estimates and forecasts by process, 2013 – 2024
6.3.6.3. France market estimates and forecasts by application, 2013 – 2024
6.3.7. Spain
6.3.7.1. Spain market estimates and forecast, 2013 - 2024
6.3.7.2. Spain market estimates and forecasts by process, 2013 – 2024
6.3.7.3. Spain market estimates and forecasts by application, 2013 – 2024
6.3.8. Italy
6.3.8.1. Italy market estimates and forecast, 2013 - 2024
6.3.8.2. Italy market estimates and forecasts by process, 2013 – 2024
6.3.8.3. Italy market estimates and forecasts by application, 2013 – 2024
6.4. Asia Pacific
6.4.1. Asia Pacific market estimates and forecast, 2013 - 2024
6.4.2. Asia Pacific market estimates and forecasts by process, 2013 – 2024
6.4.3. Asia Pacific market estimates and forecasts by application, 2013 – 2024
6.4.4. China
6.4.4.1. China market estimates and forecast, 2013 - 2024
6.4.4.2. China market estimates and forecasts by process, 2013 – 2024
6.4.4.3. China market estimates and forecasts by application, 2013 – 2024
6.4.5. India
6.4.5.1. India market estimates and forecast, 2013 - 2024
6.4.5.2. India market estimates and forecasts by process, 2013 – 2024
6.4.5.3. India market estimates and forecasts by application, 2013 – 2024
6.4.6. Japan
6.4.6.1. Japan market estimates and forecast, 2013 - 2024
6.4.6.2. Japan market estimates and forecasts by process, 2013 – 2024
6.4.6.3. Japan market estimates and forecasts by application, 2013 – 2024
6.4.7. Australia
6.4.7.1. Australia market estimates and forecast, 2013 - 2024
6.4.7.2. Australia market estimates and forecasts by process, 2013 – 2024
6.4.7.3. Australia market estimates and forecasts by application, 2013 – 2024
6.4.8. Indonesia
6.4.8.1. Indonesia market estimates and forecast, 2013 - 2024
6.4.8.2. Indonesia market estimates and forecasts by process, 2013 – 2024
6.4.8.3. Indonesia market estimates and forecasts by application, 2013 – 2024
6.4.9. Malaysia
6.4.9.1. Malaysia market estimates and forecast, 2013 - 2024
6.4.9.2. Malaysia market estimates and forecasts by process, 2013 – 2024
6.4.9.3. Malaysia market estimates and forecasts by application, 2013 – 2024
6.5. Latin America (LATAM)
6.5.1. LATAM market estimates and forecast, 2013 - 2024
6.5.2. LATAM market estimates and forecasts by process, 2013 – 2024
6.5.3. LATAM Market estimates and forecasts by application, 2013 – 2024
6.5.4. Brazil
6.5.4.1. Brazil market estimates and forecast, 2013 - 2024
6.5.4.2. Brazil market estimates and forecasts by process, 2013 – 2024
6.5.4.3. Brazil market estimates and forecasts by application, 2013 – 2024
6.5.5. Mexico
6.5.5.1. Mexico market estimates and forecast, 2013 - 2024
6.5.5.2. Mexico market estimates and forecasts by process, 2013 – 2024
6.5.5.3. Mexico market estimates and forecasts by application, 2013 – 2024
6.6. Middle East & Africa (MEA)
6.6.1. MEA market estimates and forecast, 2013 - 2024
6.6.2. MEA market estimates and forecasts by process, 2013 – 2024
6.6.3. MEA market estimates and forecasts by application, 2013 – 2024
6.6.4. South Africa
6.6.4.1. South Africa market estimates and forecast, 2013 - 2024
6.6.4.2. South Africa market estimates and forecasts by process, 2013 – 2024
6.6.4.3. South Africa market estimates and forecasts by application, 2013 – 2024
6.6.5. GCC
6.6.5.1. GCC market estimates and forecast, 2013 - 2024
6.6.5.2. GCC market estimates and forecasts by process, 2013 – 2024
6.6.5.3. GCC market estimates and forecasts by application, 2013 – 2024
Chapter 7. Company Profiles
7.1. Chemtrade Logistics Inc.
7.1.1. Business overview
7.1.2. Financial data
7.1.3. Product landscape
7.1.4. SWOT analysis
7.1.5. Strategic outlook
7.2. Guangdong ZhongCheng Chemicals Inc., Ltd
7.2.1. Business overview
7.2.2. Financial data
7.2.3. Product landscape
7.2.4. SWOT analysis
7.2.5. Strategic outlook
7.3. BASE SE
7.3.1. Business overview
7.3.2. Financial data
7.3.3. Product landscape
7.3.4. SWOT analysis
7.3.5. Strategic outlook
7.4. Jinhe Group
7.4.1. Business overview
7.4.2. Financial data
7.4.3. Product landscape
7.4.4. SWOT analysis
7.4.5. Strategic outlook
7.5. AZ Chemicals, Inc.
7.5.1. Business overview
7.5.2. Financial data
7.5.3. Product landscape
7.5.4. SWOT analysis
7.5.5. Strategic outlook
7.6. Bruggemann Chemical
7.6.1. Business overview
7.6.2. Financial data
7.6.3. Product landscape
7.6.4. SWOT analysis
7.6.5. Strategic outlook
7.7. Mitsubishi Gas Chemical Company, Inc.
7.7.1. Business overview
7.7.2. Financial data
7.7.3. Product landscape
7.7.4. SWOT analysis
7.7.5. Strategic outlook
7.8. TCP Limited
7.8.1. Business overview
7.8.2. Financial data
7.8.3. Product landscape
7.8.4. SWOT analysis
7.8.5. Strategic outlook
7.9. Royce International Corp
7.9.1. Business overview
7.9.2. Financial data
7.9.3. Product landscape
7.9.4. SWOT analysis
7.9.5. Strategic outlook
7.10. Montgomery Chemicals
7.10.1. Business overview
7.10.2. Financial data
7.10.3. Product landscape
7.10.4. SWOT analysis
7.10.5. Strategic outlook
7.11. Tokyo Chemical Industry Co., Ltd.
7.11.1. Business overview
7.11.2. Financial data
7.11.3. Product landscape
7.11.4. SWOT analysis
7.11.5. Strategic outlook
7.12. Sigma-Aldrich Co. LLC
7.12.1. Business overview
7.12.2. Financial data
7.12.3. Product landscape
7.12.4. SWOT analysis
7.12.5. Strategic outlook
7.13. Finetech Industry Limited
7.13.1. Business overview
7.13.2. Financial data
7.13.3. Product landscape
7.13.4. SWOT analysis
7.13.5. Strategic outlook
7.14. Alfa Chemistry
7.14.1. Business overview
7.14.2. Financial data
7.14.3. Product landscape
7.14.4. SWOT analysis
7.14.5. Strategic outlook
7.15. Triveni Interchem Pvt. Ltd.
7.15.1. Business overview
7.15.2. Financial data
7.15.3. Product landscape
7.15.4. SWOT analysis
7.15.5. Strategic outlook
Sodium Hydrosulfite Market Size
Sodium Hydrosulfite Market Size was estimated over USD 1 billion in 2016 and the industry will likely grow by a CAGR of about 4% up to 2024.
The rising paper products demand in Asia Pacific will drive the global sodium hydrosulfite market growth till 2024 owing to its extensive application as a reductive bleaching agent for pulp in the paper manufacturing process. In 2016, Asia Pacific accounted for more than 45% of the worldwide paper production and is a major regional market for the paper industry. The demand for paper products in Asia Pacific in 2016 was over 220 million tons and is anticipated to surpass 350 million tons in 2024.This will boost the product demand and propel the global sodium hydrosulfite market during the forecast timeframe.
Majority of the paper products demand is from the packaging industry, which has been flourishing at a healthy rate since the last decade, owing to the rising popularity of the e-commerce sector. Increasing use of computers have also led to a growing demand for printing and writing paper, which is expected to offset the gradual decline of demand for paper in the newsprint sector. Easy availability of raw material, low labor cost and the presence of many paper & pulp manufacturers will propel the paper products industry in Asia Pacific, which will further augment the global sodium hydrosulfite market during the forecast timeframe.
The gradual decline of paper & paper board production capacity in North America may negatively impact the global sodium hydrosulfite market growth during the forecast timespan. This decline in production capacity can be chiefly attributed to increasing digitalization in the region, which has led to decrease in paper and paper products demand. The production capacity of paper & paper board in North America was 79.6 million tons in 2016 and will likely decrease to around 70 million tons by 2024.
Global sodium hydrosulfite market will also be affected by decreasing paper & paper board production capacity in Western Europe, which was over 88.2 million tons in 2016 and is set to decline to less than 80 million tons in 2024. High labor cost in North America and Europe has led local manufacturers to lose their cost competitiveness to their counterparts in developing countries. Major paper producers in North America and Europe have reduced their production capacities or shut down some of their production units due to declining demand. This trend will likely hamper the regional market growth in the coming years.
Sodium Hydrosulfite Market Analysis
Based on process, sodium hydrosulfite market can be segmented into three categories including zinc process, sodium formate process and other processes including the borol process, sodium bisulfate process, etc. The zinc based process involves reaction of zinc dust with sulfur dioxide and converting the resultant zinc salt to sodium hydrosulfite in the presence of caustic soda or soda ash. This process segment has a significant share of sodium hydrosulfite industry and is expected to hold sway till 2024.
Sodium formate process segment also has a substantial share of overall sodium hydrosulfite market and is expected to grow till 2024 due to rising popularity of this process. It involves the reaction of caustic soda and sulfur dioxide with sodium formate in a methanol solution.
The sodium hydrosulfite market is categorized into four major segments including wood pulp bleaching, mineral flotation, textile, and other applications such as kaolin clay, chemical industry, food additive, leather, water treatment, etc. Wood pulp bleaching has a significant market share and is anticipated to grow at a steady rate during the forecast timeframe. Increasing wood pulp demand in paper packaging industry will propel this growth.
Mineral flotation also has a substantial share of sodium hydrosulfite market and this segment is expected to gain till 2024. The product is employed in the flotation of coal and pyrite and is also used in molybdenum mining to separate copper, lead, and zinc ores.
North America held around 15% of the overall sodium hydrosulfite market in 2016 and the region will likely witness a slow growth of around 2% CAGR till 2024. Europe, on the other hand, generated more than USD 100 million for the overall market in 2016 and will exhibit growth at less than 1.5% CAGR in the forecast spell.
The major chunk of the product demand in North America and Europe is from wood pulp bleaching and decreasing demand for paper products coupled with declining production capacity of paper manufacturers will lead to a sluggish growth for the sodium hydrosulfite market.
Sodium Hydrosulfite Market Share
Sodium hydrosulfite market is moderately consolidated with top four players accounting for a substantial portion of the overall industry:.
Some manufacturers such as BASF SE, Jinhe Group, and Chemtrade have integrated their operations and manufactures raw materials as well as the product.
Industry Background
Sodium hydrosulfite, also known as sodium dithionite, is mostly employed as a bleaching and reducing agent in various applications. It is also used as a cleaning & stripping agent and as a food additive. There are several grades of the product manufactured through different processes. Manufacturing processes vary according to the manufacturer, availability of raw material and scale of production. Rising demand for paper & paper board from the packaging industry will drive the demand of the product. Growth in the textile industry will also contribute to the sodium hydrosulfite market as the product is extensively used in textile bleaching process.