Global Sodium Hydrosulfite Market 2023 - Growing Demand from Paper and Pulp Industry

Some of the drivers behind the growing of global sodium hydrosulfite market include increasing demand from textile industry, and rapid upsurge in demand for paper products in Asia-Pacific. Some of the major factors driving the growth of the textile market are increasing consumer confidence, increasing level of disposable income, and increasing shopper’s eagerness to keep up with the latest fashion trends. With the low effect of economic recession and increasing disposable income, the consumer is able to spend more on apparels.

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Sodium hydrosulfite is colorless or yellow colored crystal that is denoted by a formula NaHS. Sodium hydrosulfite is usually known as sodium dithionite. It is steady under typical conditions and breaks down after coming in contact with acidic element/compound or hot water.

The global sodium hydrosulfite market can be segmented on the basis of applications. On the basis of applications, the sodium hydrosulfite market can be segmented into textile, mineral ore flotation, wood pulp bleaching, and others.

Geographically, Asia-Pacific is the largest market for sodium hydrosulfite, followed by North America and Europe. During the forecast period, the Asia-Pacific sodium hydrosulfite market is expected to grow at the fastest rate, which is driven by major textile producing countries, such as China. Other major textile producing countries such as India, Japan, and Bangladesh account for notable share.

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Some of the major competitors in the global sodium hydrosulfite market include BASF SE, Montgomery Chemicals, Chemtrade Logistics Inc., Guangdong ZhongCheng Chemicals Inc. Ltd, Bruggemann Chemical, Jinhe Group, AZ Chemicals Inc., TCP Limited, Mitsubisi Gas Chemical Company Inc., and Royce

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