The market expansion of sodium sulphide is anticipated to be primarily driven by the rising production of leather. In the pre-tanning procedure, sodium sulphide is employed as a dehairing chemical to aid in the removal of animal hair. Over the course of the projected period, rising demand for leather products in developing nations like China and India is anticipated to drive market expansion for sodium sulphide. The market for sodium sulphide is anticipated to develop as its use in the processing of ore increases. During the ore flotation process, sodium sulphide is frequently used to produce ferrous (iron and steel) and non-ferrous (alumina and bauxite, copper, lead, magnesium, zinc, etc.) metals. The flotation technique for copper ore uses sodium sulphide as well.
The global Sodium Sulfide Market is projected to reach around US$ 672 million by the end of 2027, in terms of revenue, growing at CAGR of 3.4% during the forecast period (2019-2027).
Market Leaders in the Sodium Sulfide Industry:
1. Solvay S.A.
Solvay SA provides advanced materials and specialty chemicals worldwide. The company was founded in 1863 and is headquartered in Brussels, Belgium. In January, 2023 Solvay launches the first ISCC PLUS certified mass balance vanillin.
2. Nafine Chemical Industry Group Co., Ltd
Nafine Chemical Industry Group Co., Ltd was established in April 1996, it is a large scale enterprise group and state-controlled listed company that cross-industry and cross national ten provinces. It has headquarters situated in Tianjin, China.
3. Inner Mongolia Lichuan Chemical Co., Ltd
Inner Mongolia Lichuan Chemical Co., Ltd. was established in 1969. It has headquarters situated Inner Mongolia, China.
4. Shenzhou Jiaxin Chemical Co., Ltd
Shenzhou Jiaxin Chemical Co.,Ltd. was built in 2004 and it has headquarters situated in Heibei, China.
5.Tessenderlo Group
Founded in 1919, Tessenderlo Group has evolved over recent years from a chemical company into a diversified industrial group that is a global leader in many different sectors, including agriculture, valorizing bio-residuals, energy, and providing industrial solutions with a focus on water. It has global headquarters are located in Europe (Brussels), and is operational over 26 countries worldwide. In January, 2023 Tessenderlo Group to acquire marketing & sales activities for ammonium thiosulfate fertilizers produced by Esseco srl in Italy
6. Xintai Wanhe Chemical Co.Ltd
Established in Nov., 1999, Xintai Wanhe Chemicals Co.,Ltd. is a joint-stock enterprise located in Xiaoxie town in Xintai city at the foot of Taishan Mountain. It has headquarters situated in Shandong, China.
7. Sichuan Shenhong Chemical Industry Co., Ltd.
Established in 1984, sichuan shenhong chemical industry co.,ltd has made a name for itself in the list of top suppliers of in China. The supplier company is located in Chengdu, Sichuan and is one of the leading sellers of listed products.
8. Changsha Vahenry Chemical Co., Ltd.
Changsha Xiangyue Chemical Industry Co.,Ltd. was founded in 1998. The company's line of business includes the manufacturing of industrial inorganic chemicals. The company has headquarters situated in Yuelu District Changsha, China
*Definition- Chemically speaking, sodium sulphide has an odour similar to rotten eggs and is naturally alkaline when exposed to air.
