APAC Tops the Global Sodium Hydrosulfite Market | Technavio

LONDON–(BUSINESS WIRE)–#Metals–The latest market research report by Technavio
on the global
sodium hydrosulfite market predicts a CAGR of around 4% during the
period 2017-2021.

The global sodium hydrosulfite market has further been segmented by
application (textile, paper and pulp, mineral processing, and others),
by end-user (hospitals and ASCs), and by geography (APAC, the Americas,
and EMEA). It provides a detailed illustration of the major factors
influencing the market, including drivers, opportunities, trends, and
industry-specific challenges.

Here are some key findings of the global sodium hydrosulfite market,
according to Technavio chemicals
and materials researchers:

• Growing demand from paper and pulp industry: a major market driver
• The textile segment highly drives the global sodium hydrosulfite
  market, and in 2016, the segment registered a market share of more
  than 48%
• APAC dominated the global sodium hydrosulfite market with a market
  share of more than 67% in 2016
• AZ Chemicals, BASF, Guangdong ZhongCheng Chemicals, JINHE GROUP, and
  MITSUBISHI GAS CHEMICAL are the key players in the market

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Market growth analysis

One of the key factors driving the global sodium
hydrosulfite market is the growing demand from the paper and pulp
industry. Sodium hydrosulfite is widely used as bleaching agent in the
paper and pulp industry as it assists to decrease the yellow color (due
presence of cellulose in the pulp) in the paper. Apart from this, it
also helps in increasing the brightness of the paper. It brightens the
paper through reductive reactions with pulp chromophores by reducing the
carbonyl and alcohol functional groups. Acidic dyes and direct
dyes are widely used in the pulp and paper industry. Sodium hydrosulfite
easily decolorizes them by breaking the azo groups present in these dyes.

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Segmentation analysis

According to Technavio researchers, the growth of the global sodium
hydrosulfite market is hugely propelled by the textile segment. Sodium
hydrosulfite is mainly used as a reducing agent for the reduction of vat
dyes and other dyes containing sulfur. Additionally, it is used to
optimize the colorfastness in the dyes. Apart from being used to remove
the excess pigments which are dyed incorrectly, it also aids in the
reduction of residual hydrogen peroxide after bleaching process is
completed as a pre-treatment for the dye process with reactive dyes.

According to Mohammed Shakeel Iqbal, a lead analyst at Technavio for
research on metals
and minerals, “Sodium hydrosulfite is used as a bleaching
agent for reducing the carbonyl and alcohol functional groups. This
bleaching process helps to give the desired color to the textile. Owing
to its superior properties, there is wide consumption of sodium
hydrosulfite in the textile market.”

Competitive vendor landscape

The global sodium
hydrosulfite market is dominated by major players as they hold a
majority portion of the market share. AZ Chemicals, BASF, Guangdong
ZhongCheng Chemicals, JINHE GROUP, and MITSUBISHI GAS CHEMICAL are the
key players in the market. In the next five years, a major growth in the
global sodium hydrosulfite market is expected from APAC followed by
Americas and EMEA. Developing countries such as China and India are the
potential markets for sodium hydrosulfite in APAC. Developing economies
are growing substantially because of the growing demand for processed
foods and drugs that require sodium hydrosulfite used in packaging of
food and pharmaceuticals.

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