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Sodium Metabisulfite Market anticipated to witness significant growth in the end-user segment

Author : Ronak Bora | Published Date : 2019-03-28 

The size of Sodium Metabisulfite Market was anticipated as 326 million in the year 2019 and is predicted to touch 496.6 billion till 2025, rising with a CAGR of 6.3% between the years 2019 to 2025 as per the research done by Global Market Insights, Inc.

The global pulp and paper sector | The foremost end-user segment of the sodium metabisulfite industry

With the rise in digital media and increased usage of Internet, the worldwide pulp and paper sector has been focusing on reshaping manufacturing strategies and new business models to fulfill the changing demand patterns. Personalized packaging and cardboard products have now emerged as the most lucrative commodities of the overall pulp and paper sector owing to the overwhelming demand from the burgeoning e-commerce industry. Moreover, high levels of production uniformity and the automation of manual processes has transformed the economic landscape of the pulp and paper sector as lower energy and cost-efficient production has largely become attainable.

Apparently, it would be prudent to mention that it is this sector which is slated to apportion about 45 percent remuneration share of the global sodium metabisulfite market in the year 2025. A host of impressive characteristics such as easy accessibility, cost-effective, and high-level of safety has led the major pulp and paper industry players to increase the uptake of sodium metabisulfite as a raw material in the last few years.

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The prominence of APAC in the sodium metabisulfite industry

With the presence of a large number of suppliers and manufacturers of the chemical, the sodium metabisulfite market has gained tremendous momentum in the APAC region. The swift expansion of numerous end-user sectors such as leather and textile industries in across the region has been a pivotal factor in propelling the product demand as it is utilized as an auxiliary in bleaching and decalcification processes.

Elaborating further on the impact of the leather industry on the sodium metabisulfite market share, the overall leather industry in India has transformed itself from a mere raw material provider to a major product exporter, with total good exports standing at USD 3.05 billion during April to October 2018. Needless to mention, these numbers are a testament to the fact that developing countries like India, South Korea, Thailand, and China would emerge as the prominent import destinations of sodium metabisulfite in the upcoming timeframe. In fact, as per a research study published by Global Market Insights, Inc., the APAC region is slated to apportion more than 45 percent of the total revenue share of the sodium metabisulfite market in the year 2025.

Although the growth prospects of sodium metabisulfite industry appear highly-promising, it would be quite imperative to take note of crucial challenges that may hinder the rapid product penetration across various geographies in the upcoming times. The first set of challenges are various health issues directly associated with sodium metabisulfite which can cause grave health hazards such as dysfunctional gastrointestinal system, skin allergic reactions, and other chronic ailments.

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Apart from these diseases, the increasing availability of alternative products along the likes of L-cysteine, citric acid, benzoic acid, sorbic acid, and sodium bisulfite as a preservative is bound to adversely impact the commercialization potential of sodium metabisulfite industry in the years to come. However, the growing number of industry players (especially startups), technological advancements, expansion of different end-user sectors, easy accessibility to premium raw material, and economic growth being witnessed across APAC region is certain to fuel the growth prospects of sodium metabisulfite market, which is slated to exceed USD 496 million by 2025.

 

Sodium metabisulfite market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in kilo tons & revenue in USD million from 2014 to 2025, for the following segments:

Grade by End-user

  • Food grade
    • Food
    • Beverages
  • Industrial/technical grade
    • Water treatment
    • Chemical & Pharma
    • Textile industry
    • Leather industry (Tanneries)
    • Pulp & Paper
    • Others
  • Photo grade
    • Photographic
    • Film

By End-user

  • Food & beverages
  • Water treatment
  • Chemical & pharma
  • Textile industry
  • Leather industry (tanneries)
  • Pulp & paper
  • Photographic & film
  • Others (mining industry, fibre industry, rubber Etc.)

The above information is provided on a regional and country basis for the following:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Indonesia
    • Malaysia
    • South Korea
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Kuwait

 

Browse key industry insights spread across 241 pages with 275 market data tables & 23 figures & charts from the report, "Sodium Metabisulfite Market" in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/sodium-metabisulfite-market

 

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

 

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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