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Sodium Sulfide Market in textile industry applications to cross $50 mn by 2024

Author : Ronak Bora | Published Date : 2019-03-11 

Sodium Sulfide market size with respect to textile industry applications should surpass USD 50 million till 2024. The product serves as a bleaching agent for de-sulfurizing and as a dechlorinating agent. Moreover, the product offers the ability to reduce negative charges on fibers and ensures even dye penetration which could further increase product demand.

Sodium Sulfide Market may exceed USD 650 million by 2024; according to a new research report. Rising demand from the leather industry where the product finds use in dehairing animal hides should stimulate sodium sulfide market growth. Rising consumer purchasing power along with an increase in the number of working women has led to growing demand for leather briefcases, jackets, footwear and suitcases which may further stimulate Na2S market growth.

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Low ferric sodium sulfide market exceeded USD 180 million in 2017 owing to its widespread usage in PPS plastic, high-grade paper, leather, ore dressing, printing & dyeing, and medicine industries. The product possesses several advantages such as high reducibility, solubility in both water & alcohol and high reactivity which may further stimulate product demand.

Technical grade sodium sulfide market should surpass USD 460 million by 2024 pertaining to rising usage in manufacturing, laboratory and industrial applications. It has extensive usage as a reducing agent in pharmaceutical industry, heavy metal removal in wastewater treatment, heavy water production in power plants, sulfur removal in viscose rayon, and in black dye manufacture which may further stimulate product demand.

Sodium sulfide market demand from pulp & paper applications should observe significant gains at over 6.5% by 2024 pertaining to rising demand for tissues and packaging papers in China, Greece, Bulgaria and Brazil. This product plays a vital role in processing of wood, bamboo, and bagasse fibers to pulp, the bleaching of this pulp and also imparts high strength to paper items.

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North America Na2S market demand, led by Canada and the U.S. may witness growth at around 3% owing to rising demand for copper ore from construction and mining industries. Rising advancement in the transportation industry has led to high-speed trains development which require more copper as compared to conventional electric trains, thus stimulating product demand.

Global sodium sulfide market share is consolidated among various industry participants such as Sankyo Kasei, Solvay, Nafine Group, and Shaanxi Fuhua Chemical Co. Several manufacturers focus on technological upgradation to improve product quality and achieving backward integration to ensure steady raw material availability.

Sodium sulfide market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in Tons and revenue in USD from 2013 to 2024, for the following segments:

Sodium Sulfide Market, By Product

  • Low ferric sodium sulfide
  • Anhydrous sodium sulfide
  • Crystal sodium sulfide

Sodium Sulfide Market, By Grade

  • Technical
  • Purified

Sodium Sulfide Market, By Application

  • Pulp & paper
  • Water treatment
  • Tanneries (leather industry)
  • Chemical processing
  • Textile industry
  • Ore processing
  • Others

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

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

Browse key industry insights spread across 220 pages with 210 market data tables & 49 figures & charts from the report, “Sodium Sulfide Market” in detail along with the table of contents:

 

www.gminsights.com/industry-analysis/sodium-sulfide-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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