Sodium Sulfide Market: Information by Product (Low Ferric, Anhydrous, Crystal), Grade (Purified, Technical), Application (Pulp & paper, Chemical processing, Water treatment, Textile, Tanning, Ore processing, Others), Region — Forecast till 2030

Market Synopsis:

Sodium Sulfide Market are the source of sodium that are moderately soluble in acid and water. These sulfides are the esters of the sulfuric acid that are formed by replacement of hydrogen atoms by metal (sodium). The global sodium sulfide market is expected to grow at healthy CAGR during the forecast period. One of the major factors that drives the sodium sulfide market are increasing demand of water treatment chemicals in power and industrial applications. Additionally, various environmental norms and regulations regarding produced water and wastewater disposal are also boosting the growth of the market. Growing population and rapid urbanization in the Asia Pacific region have led to increased generation of wastewater and increased need of sodium sulfide for water treatment. Another factor that drives the sodium sulfide market is rising use of sodium sulfide in pulp and paper industry during Kraft process for cooking of pulp. Moreover, use of sodium sulfide for removal of hair from hides during leather processing is expected to offer growing opportunity for it in tanning industry.

However, rising awareness of health hazards of sodium sulfide such as irreversible eye injury, skin burns, burns to respiratory tract may restrain the global market in near future.

Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa are the five regions studied for the global sodium sulfide market. Asia-Pacific is projected to be the largest and fastest growing region in the global sodium sulfide market during the forecast period. Growing use of sodium sulfide as water treatment chemical in industries such as chemical, power, pulp & paper, municipal, oil & gas, food & beverages, agriculture and mining are expected to boost it market in the region. Additionally, sodium sulfide is mostly used as pH adjusters and stabilizers to adjust the acidity of water. Acidic water deteriorates tanks and pipes and causes them to leak. If water is acidic (low pH), alkalis, such as sodium sulfide is used to raise the pH of the water to make it neutral. Thus, growing demand of sodium sulfide as pH adjusters and stabilizers to avoid leaking of tanks and pipes by means of acid water is expected to fuel its demand in the Asia Pacific region. 

North America and Europe are the other substantial markets for sodium sulfide. The rising demand for sodium sulfide in the chemical processing, textile and ore processing industry in this region is expected to drive the regional market growth during the review period.

The market in the Middle East and African region are projected to witness a positive growth during the forecast period on account of improvement of conditions of industries after the political and economic downfall in 2015.

Market Segmentation:

The global sodium sulfide market has been segmented on the basis of product, grade, application, and region.

Based on product, the global sodium sulfide market has been segregated into low ferric, anhydrous and crystal.

By grade, the market has been categorized into purified and technical grade.

On the basis of application, the market has been divided into pulp & paper, chemical processing, water treatment, textile, tanning, ore processing and others.

The global sodium sulfide market has been studied with respect to five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

Key Players:

Some of the key players in the global sodium sulfide market are PJ Chemicals, Athiappa Chemicals, Shaanxi Fuhua Chemical Co., Ltd., Sichuan Shenhong Chemical Industry Co., Ltd., Iran Sodium Sulphide Company, Sankyo Kasei, Hebei Xinji Chemical Group Co., Ltd., Solvay, Longfu Group, Nafine Group International Co., Ltd., and others

Intended Audience:

• Sodium sulfide manufacturers


• Traders and distributors of sodium sulfide


• Research and development institutes


• Potential investors


• Raw material suppliers


• Nationalized laboratories

Report Scope:

Report Attribute/Metric	Details
Market Size	2030 : Significant Value
CAGR	Substantial CAGR (2022-2030)
Base Year	2021
Forecast Period	2022 to 2030
Historical Data	2019 & 2020
Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	product, grade, application, and region
Geographies Covered	Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa
Key Vendors	PJ Chemicals, Athiappa Chemicals, Shaanxi Fuhua Chemical Co., Ltd., Sichuan Shenhong Chemical Industry Co., Ltd., Iran Sodium Sulphide Company, Sankyo Kasei, Hebei Xinji Chemical Group Co., Ltd., Solvay, Longfu Group, Nafine Group International Co., Ltd.
Key Market Opportunities	use of sodium sulfide for removal of hair from hides during leather processing
Key Market Drivers	increasing demand of water treatment chemicals in power and industrial applications rising use of sodium sulfide in pulp and paper industry during Kraft process for cooking of pulp

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