What is Sodium Sulfite?
Sodium Sulfite is an inorganic compound commonly found in the form of white crystalline powder which is water soluble and salty in taste. It is a saturated solution. It is industrially known as a dechlorinating agent. Other than that Sodium Sulfite also have bleaching, and de-sulfurizing properties. This all makes sodium sulfite an ideal choice to be used as a preservative in food and beverages to maintain them fresh or to increase their shelf life. Similarly it is also widely used in pharmaceutical industry to maintain stability of drugs for longer durations. Geographically, Asia Pacific is the biggest market, followed by North America.
The market study is broken down by Type (Powder, White Crystal and Liquid), by Application (Preservatives, Oxidizing Agents, Bleaching agents and Corrosion inhibitors) and major geographies with country level break-up.
Rise of end user industry especially food and beverages industry due to increasing demand for processed food has led to growing demand for sodium sulfite. On the same lines, increasing applications in pharmaceutical industry has led to higher demands for sodium sulfite. Geographically, Asia Pacific and North America are the two most prominent markets. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
BASF SE (Germany), Solvay Minerals Inc. (United States), Ineos Calabrian (Canada), Rongda Chemical Co., Ltd. (China), Hemani Group (India), Southern Ionics Inc. (United States), INDSPEC Chemical Corporation (United States), Aditya Birla Chemicals (India), Borden & Remington Corporation (United States) and Sichuan Xinxing Chemical Co., Ltd. (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Olympic chemical (India), Kayon Chemicals Co., Ltd. (China) and Guangdi Chemical (China).
AdvanceMarketAnalytics has segmented the market of Global Sodium Sulfite market by Type, Application and Region.
On the basis of geography, the market of Sodium Sulfite has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Sodium Sulfite market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Food and Beverage will boost the Sodium Sulfite market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2019, Aditya Birla Chemicals, a subsidiary of Aditya Birla Group has announced acquisition of recyclable thermoset technology from USA based leader in recyclable epoxy resin technology and thermoset technology. The acquisition will help Aditya Birla expand its polymer and epoxy resins offerings through value creation using leading recycling technology.
- Powder Form Accounts for Largest Market Share
- Growing Demand for Long Shelf Life Prone Food and Beverages
- Increasing Investments in Purification of Water
- Pharmaceutical Industry Presents Opportunity to Expand, as Sodium Sulfite can be used to Increase Stability of Drugs for Longer Durations
- Side Effects Associated with Direct Contact of Sodium Sulfite
- Presence of Contaminated Products in Market
Key Target AudienceSodium Sulfite Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as BASF SE (Germany), Solvay Minerals Inc. (United States), Ineos Calabrian (Canada), Rongda Chemical Co., Ltd. (China), Hemani Group (India), Southern Ionics Inc. (United States), INDSPEC Chemical Corporation (United States), Aditya Birla Chemicals (India), Borden & Remington Corporation (United States) and Sichuan Xinxing Chemical Co., Ltd. (China) etc.
2. What would be the Market Size of Sodium Sulfite Market by 2026?
Analysts at AMA estimates Sodium Sulfite Market to reach USDXXX by 2026.
3. Can we have customized study for Sodium Sulfite Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.