< Key Hightlight >
The global Sodium Metabisulfite market was valued at 69.09 Million USD in 2020 and will grow with a CAGR of 4.16% from 2020 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Sodium Metabisulfite (SMBS) is a sodium salt, white/creamy in color, and dissolvable in water. The chemical formula for it is Na2S2O5, an inorganic compound made up of sodium, sulfur, and oxygen, and used in many industries such as food, textile, mining, water treatment, and paper.China is the main sodium metabisulfite manufacturing region. By the end of 2016, there are a lot of manufacturers in China and most of them are private company with small capacity. The industry has high dispersion. The price of sodium metabisulfite is affected directly by Sodium Carbonate and Sulfur. The prices of Sodium Carbonate and Sulfur increase sharply in the last few weeks. In terms of volume, the global sodium metabisulfite production was 1975.7 K MT in 2016, and it is predicted to reach 3193.3 K MT in 2023. In 2016, the global Sodium Metabisulfite market is led by China, capturing about 37.54% of global Sodium Metabisulfite production. Europe is the second-largest region-wise market with 24.82% global production share. At present, the major manufacturers of Sodium Metabisulfite are Solvay, INEOS Calabrian, Esseco, Kailong Chemical Technology, BASF, Metabisulphite Nusantara, Şişecam, Jiading Malu Chemical, Tian Chuang Chemical and Huizhong Chemical Industry. In application, Sodium Metabisulfite downstream is wide and recently Sodium Metabisulfite has acquired increasing significance in various fields of Water Treatment, Pulp & Paper Industry, Textile Industry, Mining Industry, Construction Industry, Food Industry and others.
By Market Verdors:
Esseco
INEOS calabrian
BASF
Jiading Malu Chemical
Metabisulphite Nusantara
Kailong Chemical Technolog
Tian Chuang Chemical
Huizhong Chemical Industry
Yinqiao Technology
Rongjin Chemical
By Types:
Food Grade
Industrial Grade
Photo Grade
By Applications:
Water Treatment
Pulp & Paper Industry
Textile Industry
Mining Industry
Food Industry
Photographic Industry
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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