Global Sodium Metabisulfite Market Growth 2023-2029
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.
LPI (LP Information)' newest research report, the “Sodium Metabisulfite Industry Forecast” looks at past sales and reviews total world Sodium Metabisulfite sales in 2022, providing a comprehensive analysis by region and market sector of projected Sodium Metabisulfite sales for 2023 through 2029. With Sodium Metabisulfite sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sodium Metabisulfite industry.
This Insight Report provides a comprehensive analysis of the global Sodium Metabisulfite landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Sodium Metabisulfite portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Sodium Metabisulfite market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sodium Metabisulfite and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sodium Metabisulfite.
The global Sodium Metabisulfite market size is projected to grow from US$ 764 million in 2022 to US$ 1015.5 million in 2029; it is expected to grow at a CAGR of 1015.5 from 2023 to 2029.
Global Sodium Metabisulfite key players include Solvay, Kailong Chemical Technology, INEOS Calabrian, Esseco, BASF, etc. Global top five manufacturers hold a share over 20%. China is the largest market, with a share about 40%, followed by Europe and North America, total have a share over 30 percent. In terms of product, Industrial Grade is the largest segment, with a share over 85%. And in terms of application, the largest application is Pulp & Paper Industry, followed by Water Treatment, Mining Industry, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Sodium Metabisulfite market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Food Grade
Industrial Grade
Photo Grade
Segmentation by application
Water Treatment
Pulp & Paper Industry
Textile Industry
Mining Industry
Food Industry
Photographic Industry
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Esseco
INEOS calabrian
BASF
Jiading Malu Chemical
Metabisulphite Nusantara
Kailong Chemical Technolog
Tian Chuang Chemical
Huizhong Chemical Industry
Yinqiao Technology
Rongjin Chemical
Key Questions Addressed in this Report
What is the 10-year outlook for the global Sodium Metabisulfite market?
What factors are driving Sodium Metabisulfite market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Sodium Metabisulfite market opportunities vary by end market size?
How does Sodium Metabisulfite break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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