Sodium Hydrosulfite Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
The monomers and oligomers in sodium hydrosulfite are polymerized using either electron beam (EB) or ultraviolet (UV) radiation. Radiation curing is a term used to describe the UV/EB process. Wood, paper, ceramics, metal, glass, and plastics are all examples of substrates where sodium hydrosulfite is used.
MARKET DYNAMICS
The Sodium Hydrosulfite market is growing due to high demand in the textile industry and a cost advantage over hydrogen peroxide for mechanical pulps and recovered fibres. The falling pulp and paper sector, on the other hand, is stifling demand for sodium hydrosulfite, limiting market growth. The market for sodium hydrosulfite is predicted to be lucrative due to its applications in food and cosmetics.
MARKET SCOPE
The "Global Sodium hydrosulfite Market Analysis to 2028" is a specialized and in-depth study of the chemical and material industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the Sodium hydrosulfite market with detailed market segmentation by application. The global Sodium hydrosulfite market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Sodium hydrosulfite market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Sodium hydrosulfite market is segmented into application. By application the Sodium hydrosulfite market is classified into wood pulp bleaching, textile, mineral flotation and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global Sodium hydrosulfite market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The Sodium hydrosulfite market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Sodium hydrosulfite market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the Sodium hydrosulfite market in these regions.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global Sodium hydrosulfite market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The Sodium hydrosulfite market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Sodium hydrosulfite market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the Sodium hydrosulfite market in these regions.
MARKET PLAYERS
The report covers vital developments in the Sodium hydrosulfite market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the Sodium hydrosulfite market are anticipated to lucrative growth opportunities in the future with the rising demand for Sodium hydrosulfite in the global market. Below mentioned is the list of few companies engaged in the Sodium hydrosulfite market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Sodium hydrosulfite market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- AZ Chemicals, Inc.
- BASF SE
- Bruggemann Chemical GmbH & Co. KG
- Chemtrade Logistics, Inc.
- Shanghai Danfan Network Science&Technology Co., Ltd.
- Mitsubisi Gas Chemical Company, Inc.
- Royce International Corp.
- TCP Limited
- Alfa Aesar, Thermo Fisher Scientific
- Esseco Group
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
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Segment Covered
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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
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Country Scope
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1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Sodium Hydrosulfite Market - By Application
1.3.2 Sodium Hydrosulfite Market - By Region
1.3.2.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SODIUM HYDROSULFITE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. SODIUM HYDROSULFITE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. SODIUM HYDROSULFITE MARKET - GLOBAL MARKET ANALYSIS
6.1. SODIUM HYDROSULFITE - GLOBAL MARKET OVERVIEW
6.2. SODIUM HYDROSULFITE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. SODIUM HYDROSULFITE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
7.1. OVERVIEW
7.2. APPLICATION MARKET FORECASTS AND ANALYSIS
7.3. WOOD PULP BLEACHING
7.3.1. Overview
7.3.2. Wood Pulp Bleaching Market Forecast and Analysis
7.4. TEXTILE
7.4.1. Overview
7.4.2. Textile Market Forecast and Analysis
7.5. MINERAL FLOTATION
7.5.1. Overview
7.5.2. Mineral Flotation Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. SODIUM HYDROSULFITE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
8.1. NORTH AMERICA
8.1.1 North America Sodium Hydrosulfite Market Overview
8.1.2 North America Sodium Hydrosulfite Market Forecasts and Analysis
8.1.3 North America Sodium Hydrosulfite Market Forecasts and Analysis - By Application
8.1.4 North America Sodium Hydrosulfite Market Forecasts and Analysis - By Countries
8.1.4.1 United States Sodium Hydrosulfite Market
8.1.4.1.1 United States Sodium Hydrosulfite Market by Application
8.1.4.2 Canada Sodium Hydrosulfite Market
8.1.4.2.1 Canada Sodium Hydrosulfite Market by Application
8.1.4.3 Mexico Sodium Hydrosulfite Market
8.1.4.3.1 Mexico Sodium Hydrosulfite Market by Application
8.2. EUROPE
8.2.1 Europe Sodium Hydrosulfite Market Overview
8.2.2 Europe Sodium Hydrosulfite Market Forecasts and Analysis
8.2.3 Europe Sodium Hydrosulfite Market Forecasts and Analysis - By Application
8.2.4 Europe Sodium Hydrosulfite Market Forecasts and Analysis - By Countries
8.2.4.1 Germany Sodium Hydrosulfite Market
8.2.4.1.1 Germany Sodium Hydrosulfite Market by Application
8.2.4.2 France Sodium Hydrosulfite Market
8.2.4.2.1 France Sodium Hydrosulfite Market by Application
8.2.4.3 Italy Sodium Hydrosulfite Market
8.2.4.3.1 Italy Sodium Hydrosulfite Market by Application
8.2.4.4 United Kingdom Sodium Hydrosulfite Market
8.2.4.4.1 United Kingdom Sodium Hydrosulfite Market by Application
8.2.4.5 Russia Sodium Hydrosulfite Market
8.2.4.5.1 Russia Sodium Hydrosulfite Market by Application
8.2.4.6 Rest of Europe Sodium Hydrosulfite Market
8.2.4.6.1 Rest of Europe Sodium Hydrosulfite Market by Application
8.3. ASIA-PACIFIC
8.3.1 Asia-Pacific Sodium Hydrosulfite Market Overview
8.3.2 Asia-Pacific Sodium Hydrosulfite Market Forecasts and Analysis
8.3.3 Asia-Pacific Sodium Hydrosulfite Market Forecasts and Analysis - By Application
8.3.4 Asia-Pacific Sodium Hydrosulfite Market Forecasts and Analysis - By Countries
8.3.4.1 Australia Sodium Hydrosulfite Market
8.3.4.1.1 Australia Sodium Hydrosulfite Market by Application
8.3.4.2 China Sodium Hydrosulfite Market
8.3.4.2.1 China Sodium Hydrosulfite Market by Application
8.3.4.3 India Sodium Hydrosulfite Market
8.3.4.3.1 India Sodium Hydrosulfite Market by Application
8.3.4.4 Japan Sodium Hydrosulfite Market
8.3.4.4.1 Japan Sodium Hydrosulfite Market by Application
8.3.4.5 South Korea Sodium Hydrosulfite Market
8.3.4.5.1 South Korea Sodium Hydrosulfite Market by Application
8.3.4.6 Rest of Asia-Pacific Sodium Hydrosulfite Market
8.3.4.6.1 Rest of Asia-Pacific Sodium Hydrosulfite Market by Application
8.4. MIDDLE EAST AND AFRICA
8.4.1 Middle East and Africa Sodium Hydrosulfite Market Overview
8.4.2 Middle East and Africa Sodium Hydrosulfite Market Forecasts and Analysis
8.4.3 Middle East and Africa Sodium Hydrosulfite Market Forecasts and Analysis - By Application
8.4.4 Middle East and Africa Sodium Hydrosulfite Market Forecasts and Analysis - By Countries
8.4.4.1 South Africa Sodium Hydrosulfite Market
8.4.4.1.1 South Africa Sodium Hydrosulfite Market by Application
8.4.4.2 Saudi Arabia Sodium Hydrosulfite Market
8.4.4.2.1 Saudi Arabia Sodium Hydrosulfite Market by Application
8.4.4.3 U.A.E Sodium Hydrosulfite Market
8.4.4.3.1 U.A.E Sodium Hydrosulfite Market by Application
8.4.4.4 Rest of Middle East and Africa Sodium Hydrosulfite Market
8.4.4.4.1 Rest of Middle East and Africa Sodium Hydrosulfite Market by Application
8.5. SOUTH AND CENTRAL AMERICA
8.5.1 South and Central America Sodium Hydrosulfite Market Overview
8.5.2 South and Central America Sodium Hydrosulfite Market Forecasts and Analysis
8.5.3 South and Central America Sodium Hydrosulfite Market Forecasts and Analysis - By Application
8.5.4 South and Central America Sodium Hydrosulfite Market Forecasts and Analysis - By Countries
8.5.4.1 Brazil Sodium Hydrosulfite Market
8.5.4.1.1 Brazil Sodium Hydrosulfite Market by Application
8.5.4.2 Argentina Sodium Hydrosulfite Market
8.5.4.2.1 Argentina Sodium Hydrosulfite Market by Application
8.5.4.3 Rest of South and Central America Sodium Hydrosulfite Market
8.5.4.3.1 Rest of South and Central America Sodium Hydrosulfite Market by Application
9. INDUSTRY LANDSCAPE
9.1. MERGERS AND ACQUISITIONS
9.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
9.3. NEW PRODUCT LAUNCHES
9.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
10. SODIUM HYDROSULFITE MARKET, KEY COMPANY PROFILES
10.1. AZ CHEMICALS, INC.
10.1.1. Key Facts
10.1.2. Business Description
10.1.3. Products and Services
10.1.4. Financial Overview
10.1.5. SWOT Analysis
10.1.6. Key Developments
10.2. BASF SE
10.2.1. Key Facts
10.2.2. Business Description
10.2.3. Products and Services
10.2.4. Financial Overview
10.2.5. SWOT Analysis
10.2.6. Key Developments
10.3. BRUGGEMANN CHEMICAL GMBH AND CO. KG
10.3.1. Key Facts
10.3.2. Business Description
10.3.3. Products and Services
10.3.4. Financial Overview
10.3.5. SWOT Analysis
10.3.6. Key Developments
10.4. CHEMTRADE LOGISTICS, INC.
10.4.1. Key Facts
10.4.2. Business Description
10.4.3. Products and Services
10.4.4. Financial Overview
10.4.5. SWOT Analysis
10.4.6. Key Developments
10.5. SHANGHAI DANFAN NETWORK SCIENCE AND TECHNOLOGY CO., LTD.
10.5.1. Key Facts
10.5.2. Business Description
10.5.3. Products and Services
10.5.4. Financial Overview
10.5.5. SWOT Analysis
10.5.6. Key Developments
10.6. MITSUBISI GAS CHEMICAL COMPANY, INC.
10.6.1. Key Facts
10.6.2. Business Description
10.6.3. Products and Services
10.6.4. Financial Overview
10.6.5. SWOT Analysis
10.6.6. Key Developments
10.7. ROYCE INTERNATIONAL CORP.
10.7.1. Key Facts
10.7.2. Business Description
10.7.3. Products and Services
10.7.4. Financial Overview
10.7.5. SWOT Analysis
10.7.6. Key Developments
10.8. TCP LIMITED
10.8.1. Key Facts
10.8.2. Business Description
10.8.3. Products and Services
10.8.4. Financial Overview
10.8.5. SWOT Analysis
10.8.6. Key Developments
10.9. ALFA AESAR, THERMO FISHER SCIENTIFIC
10.9.1. Key Facts
10.9.2. Business Description
10.9.3. Products and Services
10.9.4. Financial Overview
10.9.5. SWOT Analysis
10.9.6. Key Developments
10.10. ESSECO GROUP
10.10.1. Key Facts
10.10.2. Business Description
10.10.3. Products and Services
10.10.4. Financial Overview
10.10.5. SWOT Analysis
10.10.6. Key Developments
11. APPENDIX
11.1. ABOUT THE INSIGHT PARTNERS
11.2. GLOSSARY OF TERMS
1. AZ Chemicals, Inc.
2. BASF SE
3. Bruggemann Chemical GmbH and Co. KG
4. Chemtrade Logistics, Inc.
5. Shanghai Danfan Network Science and Technology Co., Ltd.
6. Mitsubisi Gas Chemical Company, Inc.
7. Royce International Corp.
8. TCP Limited
9. Alfa Aesar, Thermo Fisher Scientific
10. Esseco Group
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.