Global Sodium Thiosulfate Market 2023-2029

Global Sodium Thiosulfate Market 2023-2029

Sodium thiosulfate is an inorganic compound with the formula Na2S2O3·xH2O. Typically it is available as the white or colorless pentahydrate, Na2S2O3·5H2O. It is an industrial chemical which also has a long medical history. Sodium thiosulfate was originally used as an intravenous medication for metal poisoning. It has since been approved for the treatment of certain rare medical conditions. These include cyanide poisoning, calciphylaxis, and cisplatin toxicity. It is used to dechlorinate tap water, including reducing chlorine levels for use in aquariums, swimming pools and spas (e.g., following superchlorination), and to treat settled backwash water in water treatment plants before it is discharged into rivers. The global sodium thiosulfate market is likely to register a CAGR of over 5.1% with an incremental growth of USD 35.5 million during the forecast period 2023-2029.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global sodium thiosulfate market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, end user, and region. The global market for sodium thiosulfate can be segmented by product: pharmaceutical grade sodium thiosulfate, photgraphic grade sodium thiosulfate, technical grade sodium thiosulfate. In 2022, the technical grade sodium thiosulfate segment made up the largest share of revenue generated by the sodium thiosulfate market. Sodium thiosulfate market is further segmented by end user: mining, pharmaceuticals, photography, water and wastewater treatment, others. The water and wastewater treatment segment was the largest contributor to the global sodium thiosulfate market in 2022. Based on region, the sodium thiosulfate market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Asia-Pacific is estimated to account for the largest share of the global sodium thiosulfate market.

Market Segmentation
By product: pharmaceutical grade sodium thiosulfate, photgraphic grade sodium thiosulfate, technical grade sodium thiosulfate
By end user: mining, pharmaceuticals, photography, water and wastewater treatment, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report also provides analysis of the key companies of the industry and their detailed company profiles including Alashan Lixin Chemical Co.,Ltd., Anhui Haihua Chemical Technology Co., Ltd., Anqing Suny Chemical Co., Ltd., Calabrian Corporation (INEOS Group Limited), Chemiewerk Bad Kostritz GmbH, Dinox Handels-GmbH, Esseco Group Srl, Liyang Qingfeng Fine Chemical Co., Ltd., Luosen Chemicals Co., Ltd., PVS Chemical Solutions, Inc., Sankyo Kasei Co., Ltd., Southern Ionics Incorporated, TIB Chemicals AG, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

Scope of the Report

• To analyze and forecast the market size of the global sodium thiosulfate market.
• To classify and forecast the global sodium thiosulfate market based on product, end user, region.
• To identify drivers and challenges for the global sodium thiosulfate market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global sodium thiosulfate market.
• To identify and analyze the profile of leading players operating in the global sodium thiosulfate market.


Why Choose This Report
• Gain a reliable outlook of the global sodium thiosulfate market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.