Sodium Metabisulphite Market to reach US$266.5 million by 2028

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Increased applications of sodium metabisulphite in multiple end-use industries; F&B and Mining will show relatively high demand

DUBAI, United Arab Emirates, 10 Feb. 2022 (GLOBE NEWSWIRE) — A new decade-long study presented by leading research firm Future Market Insights investigates the demand patterns, trends and growth scenario of the global sodium metabisulphite market during the period 2022 – 2028. Market projections reveal that Sodium Metabisulphite sales revenue will reach a value of US$266.5 million by 2028 from an estimated US$159.1 million by the end of 2022. This reflects a CAGR of 5.3% over the aforementioned period.

Base year value (2021A)

US$183.2 million

Estimated annual value (2022E)

US$192.7 million

Projected year value (2028F)

US$266.5 million

CAGR Value (2022-2028)

5.3%

Share of collective value: top 3 countries (2022E)

56.1%

The report focuses on the major applications of Sodium Metabisulfite across different end-use industries and sheds light on the various factors impacting the Sodium Metabisulfite sales growth over the study period. The food and beverage industry anticipates sustained demand for sodium metabisulphite; Mining will emerge into a lucrative end-use sector in the coming years

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Sodium metabisulphite is mainly used in the food and beverage industry as a preservative in dried food products and to improve the shelf life of fruit juices. However, Future Market Insights predicts that the demand for industrial grade sodium metabisulfite from the mining and water treatment sectors will increase in the near future. In the mining industry, sodium metabisulphite finds application as a reducing agent to remove cyanide. Sodium metabisulphite is also used in water treatment as an anti-chlorine agent to remove chlorine and heavy metals from water before releasing them to natural sources.

The textile industry uses sodium metabisulphite as a bleaching agent to lighten fabrics and remove stains. It is also used in the paper and pulp industry as a bleaching agent. These wide applications of sodium metabisulfite have driven the demand across all sectors, thereby increasing the revenue of the global sodium metabisulfite market.

Revenue from sodium metabisulphite sales will receive a boost due to growing demand across all sectors

Growing demand from the food and beverage industry is a key revenue growth driver for the global sodium metabisulfite market. Besides its application as a preservative and to improve the shelf life of products, sodium metabisulphite is used as a dough softener in bakery products. Sodium metabisulfite finds application in the mining industry for cyanide detoxification in gold mining and also as a source of sulfur dioxide for cyanide destruction in the commercial gold cyanidation process.

Over the years, several strict laws have been imposed on gold mining plants to completely remove cyanide and metal cyanide complexes before their final release into the environment. This has increased the adoption of sodium metabisulphite in the mining industry.

As an anti-chlorine agent, sodium metabisulphite removes chlorine from water and is widely used in municipal and industrial water treatment facilities. With the decreasing availability of fresh water sources, increasing levels of water pollution and climate change, governments and global environmental protection associations have put in place strict regulations to conserve existing water resources and reduce water pollution. This has led to an increase in demand for sodium metabisulphite used in chemical water treatment.

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Report scope

Attribute

Details

Forecast period

2022-2028

Historical data available for

2013-2021

Market analysis

Million USD for value and tons for volume

Key regions covered

North America, Latin America, Western Europe, Eastern Europe, SEA and Pacific, China, Japan
and Middle East and Africa.

Main countries covered

United States, Canada, Brazil, Chile, Peru, Argentina, Mexico, Colombia and the rest of Latin America,
Germany, Italy, France, UK, Spain, BENELUX, Russia, Rest of Western Europe, Russia,
Poland, Rest of Eastern Europe, China, Japan

Key Segments Covered

Quality, application, end-use industry, source and region

Profiled Key Companies

• Ak Kim Kimya Sanayi Ve Ticaret Anonim Sirketi

• Aditya Birla Chemicals

• BASF SE

• Qingdao Tianya Chemical Co., Ltd.

• Yuanye Chemical Co., Ltd.

• Ineos Calabria Corporation

• Esseco Group Srl

• Grillo-Werke Aktiengesellschaft

• Shandong Kailong Chemical Technology Development Co., Ltd.

• Shanghai Jiading Malu Chemical Co., Ltd.

• Meizhou Union Chemical Co., Ltd.

• Tangshan Sanjiang Chemical Co., Ltd.

• THE ECAM GROUP

• Ultramarines India (P) Ltd.

Report cover

Market forecast, company share analysis, competitive intelligence, DROT analysis,
Market dynamics and challenges, and strategic growth initiatives

Sodium Metabisulphite Manufacturers to Increase Production Capacity to Meet Growing Demand from End-Use Industries

The rapid growth in demand from the mining and water treatment industries has prompted manufacturers of sodium metabisulphite to increase their production capacity to meet the product requirements of multiple industries. A key trend observed in the global sodium metabisulfite market is the increasing reliance on imports from China.

China is the leading producer and consumer of sodium metabisulfite given the easy availability of the raw material in the country and the presence of a large number of local manufacturers of sodium metabisulfite. Companies active in the global sodium metabisulfite market find it convenient to import discounted sodium metabisulfite from Chinese manufacturers. This is further expected to drive revenue growth in the global sodium metabisulfite market in the near future.

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About Future Market Insights (IMF)

Future Market Insights (FMI) is a leading provider of market information and advisory services, serving clients in over 150 countries. MFI is headquartered in Dubai and has delivery centers in the UK, USA and India. Latest news from the IMF market research reports and industry analysis help businesses meet challenges and make critical decisions with confidence and clarity in the midst of fierce competition. Our custom and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of analysts led by FMI experts continuously monitor emerging trends and events across a wide range of industries to ensure our clients are prepared for the changing needs of their consumers.

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