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 : Nov 2024
Code : CMI3545
Pages :125
Formats :
Excel and PDF
Industry : Specialty and Fine Chemicals

Key Takeaways from Analyst

One of the key drivers for the market will be growth in paper and pulp industry. Sodium sulfide is used as a de-inking agent and for bleaching of paper which will drive its demand with expected rise in paper production globally. Another growth opportunity can come from water treatment applications. Many regions and countries are focusing on clean drinking water facilities which will drive the use of sodium sulfide as a dechlorinating and detoxifying agent.

Regionally, Asia Pacific currently dominates this market and is expected to continue its leadership position during the forecast years. This can be attributed to large paper production capacities and growth in mining industry across China, India, and other Asian countries. Within Asia Pacific, China is likely to remain the fastest growing and largest consumer of sodium sulfide.