The global Sodium Metabisulfite Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.1% during the review period (2022 to 2027)
Sodium metabisulphite is prepared by evaporating sodium bisulphite saturated with sulphur dioxide. It is a white crystalline powder solid with a slight odor of sulphur. It is toxic for humans when inhaled and strongly irritates skin and tissues. It is usually used as a food preservative and a reducing agent.The global rising in demand for packaged food products is expected to boost the sodium bisulphite market with application in the food and beverage industry. Moreover, the demand for food additives and preservatives is also projected to fuel the growth of the market. Furthermore, rising in research and development in new drug formulations has triggered the market demand of sodium metabisulphite in the pharmaceutical industry. Sodium metabisulphite is used in commercial wines to prevent oxidation and preserve flavor, which is likely to increase traction with rise in new brewery firms.
With the rise in furniture and decor demand, the market for sodium metabisulphite is expected to gain significant demand owing to its excellent bleaching properties. However, laboratory tests have shown carcinogenic results on exposure to sodium metabisulphite, which is projected to hinder the market growth. Rapid industrial expansion is expected to drive its market. Sodium metabisulfite is widely used as a food preservative for dried foods such as raisins, potato chips and apples, and also in fruit concentrate juices. It acts as an antimicrobial in food preservation preventing the growth of fungi and bacteria, thus keeping food fresh and safe.Sodium metabisulfite is used as a reducing agent in the purification of ketones and aldehydes, in the manufacturing of resin and sulfonated oil, for detoxification of cyanide in gold ore processing plants and in the production of photographic chemicals.
Sodium Metabisulfite Market is segmented based on the type, applications, companies and regions.
By Type, Sodium Metabisulfite Market has been segmented into
By Application, Sodium Metabisulfite Market has been segmented into
The Asia Pacific region, driven by China, India, and South Korea, is a big contributor with a market size of over USD 146 million. With increased per capita earnings, these countries are seeing an increase in demand for designer leather clothes, footwear, bags, and accessories. Furthermore, government attempts to phase out poly bags and replace them with paper-based products are expected to boost market growth in the region. Chemical and pharmaceutical industries, as well as textile and leather industries, would benefit from the recovery in developed countries and expansion in emerging markets such as India, China, Indonesia, Vietnam, and Thailand.
Europe sodium metabisulfite market led by Italy, UK, Germany and France will witness gains close to 5% by 2025. This region has huge leather processing industry which not only manufacture but also exports different types of leather from livestock including calves, goat, and sheep that caters to several end-use markets.
Sodium Metabisulfite Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Sodium Metabisulfite Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 4.1% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Esseco, INEOS calabrian, BASF, Jiading Malu Chemical, Metabisulphite Nusantara, Kailong Chemical Technolog, Tian Chuang Chemical, Huizhong Chemical Industry, Yinqiao Technology, Rongjin Chemical and others. |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 98 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Sodium Metabisulfite Market is studied from 2017 - 2027.
What is the growth rate of Sodium Metabisulfite Market?
The Sodium Metabisulfite Market is growing at a CAGR of 4.1% over the next 5 years.
What regions does this Sodium Metabisulfite Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Sodium Metabisulfite Market?
Food Grade, Industrial Grade, Photo Grade, Others
What are the major end-use applications of Sodium Metabisulfite Market?
Water Treatment, Pulp & Paper Industry, Textile Industry, Mining Industry, Food Industry, Photographic Industry, Others
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
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