Published by Persistence MarketResearch
Posted on October 8, 2021
4 min readLast updated: January 30, 2026
The sodium sulfide market is projected to grow at a 2.9% CAGR by 2024, driven by demand in leather processing and ore applications, despite environmental concerns.
In its report titled, “Sodium Sulfide Market: Global Industry Analysis and Forecast, 2016 – 2024”, Persistence Market Research (PMR) estimates that the global consumption of sodium sulfide is projected to grow at a sluggish CAGR of 2.9% to reach 1,157 KT by 2024. Asia Pacific (APAC) will remain the largest market; however, demand will remain stifled on account of growing concerns about environmental damage. While leather processing will account for the bulk of demand, regular grade sodium sulfide will completely outsell high-purity variant.
Application Sodium Sulfide for Ferrous & Non-Ferrous Metal Production to Propel its Market Growth
Sodium sulfide is widely utilized in dehairing process for leather production owing to its relatively higher effectiveness, efficiency and efficaciousness than other alternatives. The market is expected to grow on account of sodium sulfide applications in ore processing. Sodium sulfide manufacturers are likely to witness steady demand from ferrous and non-ferrous production companies, especially those in the ore floatation process.
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Key Findings in the Report IncludeHowever, in spite of steady demand from end-use industries, market growth will remain sluggish over the forecast period owing to the hazardous effects of sodium sulfide. The broader industry-wide scrutiny by regulatory authorities will negatively impact demand for sodium sulfide, with cleaner, less harmful chemicals gaining traction.
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In addition to Asia Pacific, Latin America and Europe will remain the other leading markets for sodium sulfide. Manufacturers in these markets will continue to use sodium sulfide for leather production. Latin America and Middle East & Africa (MEA) are expected to reflect 3.1% and 2.4% CAGRs respectively in term of volume during the forecast period.
Key players partaking in the global sodium sulfide market include Solvay SA, Inner Mongolia Lichuan Chemical Co. Ltd., Changsha Vahenry Chemical Co. Ltd., Tessenderlo Group, Xintai Wanhe Chemical Co. Ltd., and China Nafine Group International Co. Ltd. These players are focusing on development of application specific tailored solutions and product innovations.
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The post The Sodium Sulfide Market to witness a double digit CAGR of 2.9% between 2016 – 2024 appeared first on Lake Shore Gazette.
The article discusses the growth and forecast of the sodium sulfide market from 2016 to 2024.
Demand is primarily driven by its use in leather processing and ore production.
Environmental concerns and regulatory scrutiny pose challenges to market growth.
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