Published by Uma Rajagopal
Posted on January 10, 2022
A new decadal study presented by top research firm Future Market Insights studies the demand patterns, trends, and growth scenario of the global sodium metabisulphite market during the period 2018 – 2028. The report focuses on the key applications of sodium metabisulphite across different end-use industries and throws light on the various factors impacting growth in sales of sodium metabisulphite during the period of study.
Market projections reveal revenue from the sales of sodium metabisulphite to reach a value of US$ 266.5 Mn by 2028, up from an estimated US$ 159.1 Mn by 2018 end. This is reflective of a CAGR of 5.3% during the aforesaid timeline.
Request Sample Copy of Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-1157
Food & Beverages Industry to Project Sustained Demand for Sodium Metabisulphite; Mining to Emerge Lucrative End-use Sector in the Coming Years
Sodium metabisulphite is predominantly used in the food and beverages industry as a preservative in dried food products and to enhance the shelf life of fruit juices. However, Future Market Insights predicts demand for industrial grade sodium metabisulphite from the mining and water treatment sectors to surge in the near future. In the mining industry, sodium metabisulphite finds application as a reducing agent to remove cyanide.
Sodium metabisulphite is also used in water treatment as an anti-chlor agent to remove chlorine and heavy metals from water prior to releasing it into natural sources. The textile industry utilises sodium metabisulphite as a bleach to brighten fabric and remove stains and it is also used in the paper and pulp industry as a bleaching agent. These wide applications of sodium metabisulphite have boosted demand across industries, upping revenue in the global market for sodium metabisulphite as a result.
Revenue from the Sales of Sodium Metabisulphite to Receive a Fillip Owing to Burgeoning Demand Across Industries
An increasing demand from the food and beverages industry is a key revenue growth driver for the global sodium metabisulphite market. Besides application as a preservative and to improve product shelf life, sodium metabisulphite is used as a dough softener in bakery products. Sodium metabisulphite finds application in the mining industry for cyanide detoxification in gold mining and also as a source of sulphur dioxide for the destruction of cyanide in the process of commercial gold cyanidation.
Over the years, several stringent laws have been imposed on gold extraction plants to completely eliminate cyanide and metal cyanide complexes before final discharge into the environment. This has increased the adoption of sodium metabisulphite in the mining industry.
As an anti-chlor agent, sodium metabisulphite removes chlorine from water and is extensively used in municipal and industrial water treatment facilities. With declining availability of fresh sources of water, rising levels of water pollution, and climatic changes, governments and global environment protection associations have implemented stringent regulations to conserve existing water resources and reduce water pollution. This has led to an increase in demand for sodium metabisulphite used in the chemical processing of water.
Request Brochure of Report: https://www.futuremarketinsights.com/reports/brochure/rep-gb-1157
Manufacturers of Sodium Metabisulphite to Expand Production Capacity to Meet Rising Demand from End-use Industries
Rapidly growing demand from the mining and water treatment industries has pushed manufacturers of sodium metabisulphite to increase their production capacity to meet product requirements from multiple industries. A key trend being observed in the global sodium metabisulphite market is the increase in dependence on imports from China.
China is the leading producer and consumer of sodium metabisulphite given the easy availability of raw material in the country and presence of a large number of local manufacturers of sodium metabisulphite. Companies functional in the global sodium metabisulphite market find it convenient to import sodium metabisulphite at reduced prices from Chinese manufacturers. This is further expected to boost revenue growth in the global sodium metabisulphite market in the near future.
Global Sodium Metabisulphite Market Segmentation
To understand and assess opportunities in the global Sodium Metabisulphite Market, we have divided the report into four sections based on market segmentation as under:
By Grade
By End Use Industry
By Application
Ask Us Your Questions About This Report: https://www.futuremarketinsights.com/ask-question/rep-gb-1157
Key Players Dominating the Global Sodium Metabisulphite Market
The report highlights some of the leading companies operating in the global Sodium Metabisulphite market, such as Esseco Group Srl, Aditya Birla Chemicals (Thailand), Ak Kim Kimya Sanayi Ve Ticaret Anonim Sirketi, BASF SE, Ineos Calabrian Corporation, Qingdao Tianya Chemical Co., Ltd, Yuanye Chemical Co.,Ltd, Grillo-Werke Aktiengesellschaft, Shandong Kailong Chemical Technology Development Co., Ltd., Ultramarines India ( P ) Ltd., Tangshan Sanjiang Chemical Co., Ltd., Shanghai Jiading Malu Chemical Co., Ltd., Meizhou Union Chemical Co., Ltd. amongst others.
Explore FMI’s Extensive Coverage on Chemicals & Materials Domain
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Pearlescent Pigment Market: Globally, the revenue generated from sales of pearlescent pigment is estimated to be around US$ 2,705.2 Mn in 2015, and is projected to expand at a CAGR of 4.1%, during the forecast period 2015-2025.
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact:
Corporate Headquarter
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/
Report: https://www.futuremarketinsights.com/reports/sodium-metabisulfite-market
Press Release Source: https://www.futuremarketinsights.com/press-release/sodium-metabisulfite-market
A new decadal study presented by top research firm Future Market Insights studies the demand patterns, trends, and growth scenario of the global sodium metabisulphite market during the period 2018 – 2028. The report focuses on the key applications of sodium metabisulphite across different end-use industries and throws light on the various factors impacting growth in sales of sodium metabisulphite during the period of study.
Market projections reveal revenue from the sales of sodium metabisulphite to reach a value of US$ 266.5 Mn by 2028, up from an estimated US$ 159.1 Mn by 2018 end. This is reflective of a CAGR of 5.3% during the aforesaid timeline.
Request Sample Copy of Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-1157
Food & Beverages Industry to Project Sustained Demand for Sodium Metabisulphite; Mining to Emerge Lucrative End-use Sector in the Coming Years
Sodium metabisulphite is predominantly used in the food and beverages industry as a preservative in dried food products and to enhance the shelf life of fruit juices. However, Future Market Insights predicts demand for industrial grade sodium metabisulphite from the mining and water treatment sectors to surge in the near future. In the mining industry, sodium metabisulphite finds application as a reducing agent to remove cyanide.
Sodium metabisulphite is also used in water treatment as an anti-chlor agent to remove chlorine and heavy metals from water prior to releasing it into natural sources. The textile industry utilises sodium metabisulphite as a bleach to brighten fabric and remove stains and it is also used in the paper and pulp industry as a bleaching agent. These wide applications of sodium metabisulphite have boosted demand across industries, upping revenue in the global market for sodium metabisulphite as a result.
Revenue from the Sales of Sodium Metabisulphite to Receive a Fillip Owing to Burgeoning Demand Across Industries
An increasing demand from the food and beverages industry is a key revenue growth driver for the global sodium metabisulphite market. Besides application as a preservative and to improve product shelf life, sodium metabisulphite is used as a dough softener in bakery products. Sodium metabisulphite finds application in the mining industry for cyanide detoxification in gold mining and also as a source of sulphur dioxide for the destruction of cyanide in the process of commercial gold cyanidation.
Over the years, several stringent laws have been imposed on gold extraction plants to completely eliminate cyanide and metal cyanide complexes before final discharge into the environment. This has increased the adoption of sodium metabisulphite in the mining industry.
As an anti-chlor agent, sodium metabisulphite removes chlorine from water and is extensively used in municipal and industrial water treatment facilities. With declining availability of fresh sources of water, rising levels of water pollution, and climatic changes, governments and global environment protection associations have implemented stringent regulations to conserve existing water resources and reduce water pollution. This has led to an increase in demand for sodium metabisulphite used in the chemical processing of water.
Request Brochure of Report: https://www.futuremarketinsights.com/reports/brochure/rep-gb-1157
Manufacturers of Sodium Metabisulphite to Expand Production Capacity to Meet Rising Demand from End-use Industries
Rapidly growing demand from the mining and water treatment industries has pushed manufacturers of sodium metabisulphite to increase their production capacity to meet product requirements from multiple industries. A key trend being observed in the global sodium metabisulphite market is the increase in dependence on imports from China.
China is the leading producer and consumer of sodium metabisulphite given the easy availability of raw material in the country and presence of a large number of local manufacturers of sodium metabisulphite. Companies functional in the global sodium metabisulphite market find it convenient to import sodium metabisulphite at reduced prices from Chinese manufacturers. This is further expected to boost revenue growth in the global sodium metabisulphite market in the near future.
Global Sodium Metabisulphite Market Segmentation
To understand and assess opportunities in the global Sodium Metabisulphite Market, we have divided the report into four sections based on market segmentation as under:
By Grade
By End Use Industry
By Application
Ask Us Your Questions About This Report: https://www.futuremarketinsights.com/ask-question/rep-gb-1157
Key Players Dominating the Global Sodium Metabisulphite Market
The report highlights some of the leading companies operating in the global Sodium Metabisulphite market, such as Esseco Group Srl, Aditya Birla Chemicals (Thailand), Ak Kim Kimya Sanayi Ve Ticaret Anonim Sirketi, BASF SE, Ineos Calabrian Corporation, Qingdao Tianya Chemical Co., Ltd, Yuanye Chemical Co.,Ltd, Grillo-Werke Aktiengesellschaft, Shandong Kailong Chemical Technology Development Co., Ltd., Ultramarines India ( P ) Ltd., Tangshan Sanjiang Chemical Co., Ltd., Shanghai Jiading Malu Chemical Co., Ltd., Meizhou Union Chemical Co., Ltd. amongst others.
Explore FMI’s Extensive Coverage on Chemicals & Materials Domain
Sulphur Coated Urea Market: Growing concerns over sustainability and cost minimisation in the agriculture sector is driving demand for sulphur coated urea globally.
Alumina Trihydrate Market: The market is forecast to exhibit compound annual growth rate (CAGR) of 7.7% during the forecast period, reaching a volume of around 11,098.9 KT by 2031 end.
Pearlescent Pigment Market: Globally, the revenue generated from sales of pearlescent pigment is estimated to be around US$ 2,705.2 Mn in 2015, and is projected to expand at a CAGR of 4.1%, during the forecast period 2015-2025.
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact:
Corporate Headquarter
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/
Report: https://www.futuremarketinsights.com/reports/sodium-metabisulfite-market
Press Release Source: https://www.futuremarketinsights.com/press-release/sodium-metabisulfite-market
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