SODIUM SULFIDE MARKET ANALYSIS

Sodium Sulfide Market, By Product (Low Ferric, Anhydrous, Crystal, and Others), By Grade (Purified and Technical), By End-use Industry (Pulp and Paper Industry, Water Treatment Industry, Chemical Industry, Textile Industry, Leather Industry, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Feb 2025
Code : CMI3545
Pages :125
Formats :
Excel and PDF
Industry : Specialty and Fine Chemicals

Market Challenge - Stringent environmental regulations

Stringent environmental regulations across various regions pose a major challenge for this market. Sodium sulfide is mainly used in the paper and pulp industry, where it acts as a reagent in the kraft process to dissolve lignin from the wood. According to data from the United Nations Environment Programme released in 2023, over 50% of chemical companies reported logistical challenges and delayed clearances due to dynamic environmental policies from 2020-2022.

Market Opportunity - Emerging applications in mining industry

The emergence of new applications for sodium sulfide in the mining industry presents lucrative growth opportunities for market players. The International Copper Study Group reported in 2021 that the worldwide copper mine production increased by 5% from 2020 to 2021 and is projected to maintain an upward trend in the coming years to meet the rising requirement of copper in green technologies and infrastructure development.