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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.
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.
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.
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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.
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