< Key Hightlight >

The global Sodium Hydrosulfite market was valued at 377.71 Million USD in 2020 and will grow with a CAGR of .19% 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 hydrosulfite (also known as sodium dithionite) is a white crystalline powder with a weak sulfurous odor. It is a crystalline salt Na2S2O4 made by reduction (as of sodium bisulfite or sulfur dioxide with zinc) and used as a reducing agent especially in dyeing, printing, and stripping textiles and as a bleaching agent; sodium dithionite —not used systematically.First, the sodium hydrosulfite industry concentration is high; there are only more than a dozen manufacturers in the world, and high-end products are mainly from China and Europe. In the world wide, giant manufactures mainly distribute in Europe and China. Europe has a long history and unshakable status in this industry, like BASF, has perfect products. As to China, Zhongcheng Chemical has become a global leader. In India, it is Transpek-Silox that leads the technology development. What`s more, in China, the manufacturers focus in Zhejiang, Shandong and Hubei province. Second, after 2011, global production and capacity substantially unchanged, the price decreases year by year, the product value rises slightly. Third, all manufacturers in the world are committed to the improvement of product. These two years, some Chinese manufactures can almost catch up with the world`s leading technology too. However, due to environmental pressures and demand, companies are facing a lot of cuts, such as Hubei Yihua Group, was ordered to stop production due to pollution, but there are several new expansions of the projects into production in the future. Fourth, the import and export percent of this industry is not high. Because many international manufacturers expand their business through building factories or investments. China and Germany become the most important export country, and North America imports mainly sodium hydrosulfite. Fifth, company mergers and acquisitions, and inter-companies cooperation have occurred for development and growth. In addition the downstream consumption usually follows with developed and rapid economic growth areas. Sixth, this industry is affected by the economy and policy, so it`s important to put an eye to economic indexes and leaders` prefer and improve technology, energy conservation. With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of Sodium Hydrosulfite will increase.
By Market Verdors:
BASF
Transpek-Silox
Zhongcheng Chemical
CNSG
Jinhe Group
Jiacheng Chemical
Shuangqiao Chemical
Jingrui Chemical
Runtu
Jiangxi Hengye Chemical
Hongan

By Types:
Technical Grade
Food Grade

By Applications:
Textile
Pulp and Paper Industry
Food
Chemical 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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