Sodium Sulfide Market Size, Share & Industry Analysis By Product Type (Anhydrous Sodium Sulfide, Crystal Sodium Sulfide, Low Ferric Sodium Sulfide), By Application (Paper & Pulp, Water Treatment, Textile, Tanneries, Others) Others and Regional Forecast, 2023-2030

Region : Global | Report ID: FBI102141 | Status : Ongoing

KEY INDUSTRY INSIGHTS

Sodium sulfide is a yellow chemical compound with the chemical formula Na₂S. It is a solid flaky substance with a distinct smell similar to rotten eggs. Even though sodium sulfide is a yellow compound, it forms colorless solutions. Sodium sulfide is used for several applications such as in water treatment as an oxygen scavenger agent, photography for toning of photographs, desulfurization in textile industry, production of rubber chemicals, oil recovery, and in production of dyes. The wide range of applications of sodium sulfide is expected to grow its demand.

The factor expected to drive the sodium sulfide market is the rise in need for clean water. Sodium sulfide is one of the compounds used treatment of water and has high demand from countries around the world. Amidst the rise in polluting water sources, the demand for treating water has grown which is expected to drive the market.

Key Market Driver -

Rise in need for clean water will favor the demand

Key Market Restraint -

Health hazards caused by exposure to sodium sulfide

Health hazards caused by exposure to sodium sulfide will act as a market restraint. Contact with sodium sulfide can lead to irritation in throat, eyes, and skin. Inhaling sulfide dust may cause breathing diseases and vomiting. Hence the decline in market growth.

Market Segmentation:

By product type, the market is segmented into anhydrous sodium sulfide, crystal sodium sulfide, and low ferric sodium sulfide. Based on application, the market is segmented into paper & pulp, water treatment, textile, tanneries, and others.

From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Key Players Covered:

The major companies in the global sodium sulfide market report include Solvay S.A., American Elements, Tessenderlo Group, Tokyo Chemical Industry, Longfu Group, Emco Dyestuff Pvt. Ltd., Nilkanth Organics, Innova Priority Solution, PVS Chemicals, Shaanxi Fuhua Trading Co., Ltd., and other key players.

Key Insights

Key Emerging Trends – For Major Countries

Key Developments: Mergers, Acquisition, Partnership, etc.

Latest Technological Advancement

Insights on Regulatory Scenario

Porters Five Forces Analysis

Regional Analysis:

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The global sodium sulfide market has been segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Asia Pacific will witness the growth in demand for sodium sulfide due to high demand from paper manufacturers in India and China. Government regulations on treating wastewater from manufacturing plants will grow the market in North America. Growth of sodium sulfide market in Europe will be due to the demand from leather industry. The growing need for clean and sustainable water is expected to grow the sodium sulfide market in Latin America, and the Middle East & Africa.

Segmentation

ATTRIBUTE	DETAILS
By Product Type	Anhydrous Sodium Sulfide Crystal Sodium Sulfide Low Ferric Sodium Sulfide
By Application	Paper & Pulp Water Treatment Textile Tanneries Others
By Geography	North America (U.S., Canada) Europe (UK, Germany, France, Italy, Spain, and Rest of Europe) Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific) Latin America (Brazil, Mexico, and Rest of Latin America) Middle East & Africa (South Africa, GCC, and Rest of Middle East & Africa)

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PUBLISHING STATUS: Ongoing
BASE YEAR: 2022
HISTORICAL DATA: 2019-2021

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