Global Sodium Thiosulphate Market Size, Trends and Growth Opportunity, By Grade (Medical Grade, Industrial Grade, Food Grade, Agricultural Grade, Others), Application (Medical, Photographic Processing, Iodometry, Gold Extraction, Water Treatment, Others), By Region and Forecast Till 2027.
Global Sodium Thiosulphate Market
The Global Sodium Thiosulphate Market was valued at US$96.32 million in 2021 and it is expected to reach at US$150.7 million in 2027 at a CAGR of 7.35% during forecast period 2022-2027.
The chemical name for sodium thiosulfate is Na2S2O3.xH2O, and it is an inorganic substance. The most common form of it is the colourless or white pentahydrate, Na2S2O35H2O. This chemical is crystalline and efflorescent, and it dissolves easily in water. When sulphur is heated with either an aqueous sodium sulphite solution or an aqueous sodium hydroxide solution, sodium thiosulphate is produced.
Market Drivers
Adoption of water treatment technologies that can prevent the spread of aquatic diseases has been significantly aided by the growing demand for sodium thiosulphate for water treatment. Chemicals are increasingly being used to treat water because of their capacity to provide clean water that is free of toxins that are harmful to human health. It is used to treat settling backwash water used in spas, swimming pools, and aquariums and lower the chlorine content in the water. Consequently, the key end-use sector anticipated to propel the sodium thiosulfate market's growth rate is water treatment.
Market Restraints
The sodium thiosulphate market will experience market restraints that will prevent it from expanding throughout the forecast period, including volatility in the price of raw materials required to produce sodium thiosulphate.
Market Segmentation
The global sodium thiosulphate market segmented into grade and application. By grade it segmented into medical grade, industrial grade, food grade, agricultural grade, others. By application it segmented into medical, photographic processing, iodometry, gold extraction, water treatment, others.
Regional Analysis
The global sodium thiosulphate market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. The market for sodium thiosulfate is dominated by Asia-Pacific in terms of sales and market share. This is a result of the significant demand from the water treatment, medical, and photos processing businesses in this area. The enormous demand from the water treatment industry has allowed China to dominate the local market.
Key Players
Various key players are listed in this report such as Esseco SRL (Italy), Galactic (U.S.), Allan Chemical Corporation (U.S.), Samirian Chemicals Inc. (U.S.), Noah Chemicals (U.S.), Dastech (U.S.), INEOS (U.K.), DBWINC (U.S.), Southern Ionics Incorporated (U.S.), Skyhawk Chemicals, Inc. (U.S.
Market Taxonomy
By Grade
- Medical Grade
- Industrial Grade
- Food Grade
- Agricultural Grade
- Others
- Medical
- photographic processing
- Iodometry
- Gold Extraction
- Water Treatment
- Others
- What are the Key Opportunities in Global Sodium Thiosulphate Market?
- What will be the growth rate from 2022 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the role of key players in the value chain?
- What is the competitive Landscape in the industry?
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Sodium Thiosulphate Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Sodium Thiosulphate Market, By Grade
- 5.1 Y-o-Y Growth Comparison, By Grade
- 5.2 Global Sodium Thiosulphate Market Share Analysis, By Grade
- 5.3 Global Sodium Thiosulphate Market Size and Forecast, By Grade
- 5.3.1 Medical Grade
- 5.3.2 Industrial Grade
- 5.3.3 Food Grade
- 5.3.4 Agricultural Grade
- 5.3.5 Others
- 6 Global Sodium Thiosulphate Market, By Application
- 6.1 Y-o-Y Growth Comparison, By Application
- 6.2 Global Sodium Thiosulphate Market Share Analysis, By Application
- 6.3 Global Sodium Thiosulphate Market Share Analysis, By Application
- 6.3.1 Medical
- 6.3.2 Photographic Processing
- 6.3.3 Iodometry
- 6.3.4 Gold Extraction
- 6.3.5 Water Treatment
- 6.3.6 Others
- 7 Global Sodium Thiosulphate Market, By Region
- 7.1 Global Sodium Thiosulphate Market Share Analysis, By Region
- 7.2 Global Sodium Thiosulphate Market Share Analysis, By Region
- 8 North America Sodium Thiosulphate Analysis and Forecast (2022-2027)
- 8.1 Introduction
- 8.2 North America Sodium Thiosulphate Market Share Analysis, By Grade
- 8.3 North America Sodium Thiosulphate Size and Forecast, By Application
- 8.4 North America Sodium Thiosulphate Market Size and Forecast, By Country
- 8.4.1 U.S
- 8.4.2 Canada
- 8.4.3 Mexico
- 9 Europe Sodium Thiosulphate Market Analysis and Forecast (2022-2027)
- 9.1 Introduction
- 9.2 Europe Sodium Thiosulphate Market Share Analysis, By Grade
- 9.3 Europe Sodium Thiosulphate Market Size and Forecast, By Application
- 9.4 Europe Sodium Thiosulphate Market Size and Forecast, By Country
- 9.4.1 Germany
- 9.4.2 France
- 9.4.3 UK
- 9.4.4 Rest of Europe
- 10 Asia Pacific Sodium Thiosulphate Market Analysis and Forecast (2022-2027)
- 10.1 Introduction
- 10.2 Asia-Pacific Sodium Thiosulphate Market Size and Forecast, By Grade
- 10.3 Asia-Pacific Sodium Thiosulphate Market Size and Forecast, By Application
- 10.4 Asia-Pacific Sodium Thiosulphate Market Size and Forecast, By Country
- 10.4.1 China
- 10.4.2 Japan
- 10.4.3 India
- 10.4.4. Rest of Asia Pacific
- 11 Latin America Sodium Thiosulphate Market Analysis and Forecast (2022-2027)
- 11.1 Introduction
- 11.2 Latin America Sodium Thiosulphate Market Size and Forecast, By Grade
- 11.3 Latin America Sodium Thiosulphate Market Size and Forecast, By Application
- 11.4 Latin America Sodium Thiosulphate Market Size and Forecast, By Country
- 11.4.1 Brazil
- 11.4.2. Rest of Latin America
- 12 Middle East Sodium Thiosulphate Market Analysis and Forecast (2022-2027)
- 12.1 Introduction
- 12.2 Middle East Sodium Thiosulphate Market Share Analysis, By Grade
- 12.3 Middle East Sodium Thiosulphate Market Size and Forecast, By Application
- 12.4 Middle East Sodium Thiosulphate Market Size and Forecast, By Country
- 12.4.1. Saudi Arabia
- 12.4.2. UAE
- 12.4.2. Egypt
- 12.4.4. Kuwait
- 12.4.5. South Africa
- 13 Competitive Analysis
- 13.1 Competition Dashboard
- 13.2 Market share Analysis of Top Vendors
- 13.3 Key Development Strategies
- 14 Company Profiles
- 14.1. Esseco SRL (Italy)
- 14.1.1 Overview
- 14.1.2 Offerings
- 14.1.3 Key Financials
- 14.1.4 Business Segment & Geographic Overview
- 14.1.5 Key Market Developments
- 14.1.6 Key Strategies
- 14.2. Galactic (U.S.)
- 14.2.1 Overview
- 14.2.2 Offerings
- 14.2.3 Key Financials
- 14.2.4 Business Segment & Geographic Overview
- 14.2.5 Key Market Developments
- 14.2.6 Key Strategies
- 14.3. Allan Chemical Corporation (U.S.)
- 14.3.1 Overview
- 14.3.2 Offerings
- 14.3.3 Key Financials
- 14.3.4 Business Segment & Geographic Overview
- 14.3.5 Key Market Developments
- 14.3.6 Key Strategies
- 14.4. Samirian Chemicals Inc. (U.S.)
- 14.4.1 Overview
- 14.4.2 Offerings
- 14.4.3 Key Financials
- 14.4.4 Business Segment & Geographic Overview
- 14.4.5 Key Market Developments
- 14.4.6 Key Strategies
- 14.5. Noah Chemicals (U.S.)
- 14.5.1 Overview
- 14.5.2 Offerings
- 14.5.3 Key Financials
- 14.5.4 Business Segment & Geographic Overview
- 14.5.5 Key Market Developments
- 14.5.6 Key Strategies
- 14.6. Dastech (U.S.)
- 14.6.1 Overview
- 14.6.2 Offerings
- 14.6.3 Key Financials
- 14.6.4 Business Segment & Geographic Overview
- 14.6.5 Key Market Developments
- 14.6.6 Key Strategies
- 14.7. INEOS (U.K.)
- 14.7.1 Overview
- 14.7.2 Offerings
- 14.7.3 Key Financials
- 14.7.4 Business Segment & Geographic Overview
- 14.7.5 Key Market Developments
- 14.7.6 Key Strategies
- 14.8. DBWINC (U.S.)
- 14.8.1 Overview
- 14.8.2 Offerings
- 14.8.3 Key Financials
- 14.8.4 Business Segment & Geographic Overview
- 14.8.5 Key Market Developments
- 14.8.6 Key Strategies
- 14.9. Southern Ionics Incorporated (U.S.)
- 14.9.1 Overview
- 14.9.2 Offerings
- 14.9.3 Key Financials
- 14.9.4 Business Segment & Geographic Overview
- 14.9.5 Key Market Developments
- 14.9.6 Key Strategies
- 14.10. Skyhawk Chemicals, Inc. (U.S.)
- 14.10.1 Overview
- 14.10.2 Offerings
- 14.10.3 Key Financials
- 14.10.4 Business Segment & Geographic Overview
- 14.10.5 Key Market Developments
- 14.10.6 Key Strategies
Research Assistance
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook