Global Sodium Sulphide Market Growth 2023-2029
Sodium sulfide is a yellow, solid flake with a sulfurous (rotten egg) smell. It is the name used to refer to the chemical compound Na2S but more commonly its hydrate Na2S.9H2O. Both are colorless water-soluble salts that give strongly alkaline solutions. It is usually obtained by heating sodium sulfate with coal or hydrogen. Sodium sulfide may be used in the making of colors and dyes. It can also be used in the manufacture of other chemicals, metals or in mining (ore processing) and in waste water, soil and process sludge treatment.
LPI (LP Information)' newest research report, the “Sodium Sulphide Industry Forecast” looks at past sales and reviews total world Sodium Sulphide sales in 2022, providing a comprehensive analysis by region and market sector of projected Sodium Sulphide sales for 2023 through 2029. With Sodium Sulphide sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sodium Sulphide industry.
This Insight Report provides a comprehensive analysis of the global Sodium Sulphide 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 Sulphide portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Sodium Sulphide market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sodium Sulphide 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 Sulphide.
The global Sodium Sulphide market size is projected to grow from US$ 360.4 million in 2022 to US$ 456.1 million in 2029; it is expected to grow at a CAGR of 456.1 from 2023 to 2029.
Major suppliers of sodium sulfide include Elion Clean Energy Company, Sichuan Shenhong Chemical, Solvay, Jiaxin Chemical and Nouryon. In 2019, the Top 5 players accounted for about 34.67% of the global revenue share.
China is the largest production area of sodium sulfide, producing 79.58% of the world's sodium sulfide in 2019.
The Asia-Pacific region is the largest consumer market of sodium sulfide, consuming about 70.70% of the global sodium sulfide in 2019.
Industrial sodium sulfide is the product type with the highest yield, accounting for 65.86% of the total output in 2019, and low ferric sodium sulfide ranks the second, accounting for 27.26%.
The chemical industry consumes the most sodium sulfide, with the corresponding share reaching 32.78% in 2019, followed by the dye industry with 22.71%.
This report presents a comprehensive overview, market shares, and growth opportunities of Sodium Sulphide market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Industrial Sodium Sulphide
Low Ferric Sodium Sulphide
Anhydrous Sodium Sulphide
Segmentation by application
Chemical Industry
Dye Industry
Leather Industry
Paper Industry
Others
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.
Elion Clean Energy Company
Sichuan Shenhong Chemical
Solvay
Jiaxin Chemical
Nafine Chemical Industry
Longfu Group
Shaanxi Fuhua Chemical
Nouryon
Yabulai Salt Chem
ChemChina
Sichuan Xinxing Chem
XinJi Xibo Chemical
Sankyo Kasei
Tessenderlo
Chemical Products Corporation
Nagao
Iran Sodium Sulphide Company
Key Questions Addressed in this Report
What is the 10-year outlook for the global Sodium Sulphide market?
What factors are driving Sodium Sulphide market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Sodium Sulphide market opportunities vary by end market size?
How does Sodium Sulphide 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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