Sodium Sulfite Market Analysis 2020-2027

Sodium sulfite (sodium sulphite) is an inorganic compound that has physical properties such as light-yellow color and water-solvent. It can be used in various industries such as paper and textile, owing to its anti-oxidant property. In addition, it is used as an additive in photographic application and bleaching agent in the pulp industry. It is manufactured by mixture of sodium hydroxide and sulphur dioxide.  Sodium sulphite is an essential chemical in the pulp & paper industry for bleaching, de-sulfurizing, and dechlorinating activities. Sodium sulphite compound is utilized as a pulping operator for the manufacturing of pulp. As an oxygen scavenger agent, it is used to treat water being fed to steam boilers to avoid corrosion problems. Pharmaceutical manufacturers use sodium sulphite in the manufacturing of many drugs which are used to preserve strength and stability. 

Market scope and structure analysis

COVID-19 scenario analysis:

• The global market for sodium sulfite is severely impacted by the outbreak of the COVID-19 pandemic. 
• The COVID-19 pandemic led to a decline in the economic growth in almost all major countries, thus affecting consumer spending patterns. 
• Owing to the lockdown implemented across various countries, national and international transport have been hampered, which has significantly impacted the supply chain of numerous industries across the globe, thereby increasing the supply–demand gap.
• Thus, insufficiency in raw material supply is expected to hamper the production rate of sodium sulfite, which negatively impact the market growth.

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Growing health awareness among people, need of purified water, and nutritious food are the key factors that are contributing towards the growth of the market. Sodium sulphite is utilized in the food industry for keeping up the freshness of food items and furthermore for improving shelf-life food items. Sodium sulphite is likewise utilized as anti-chlorinating in the cleaning of sulfur dioxide gas in pulp factories, assembling of trinitrotoluene (TNT), and in water treatment plants. Despite the positive stance, sodium sulphite has several restraining factors which might hamper the growth of the global sodium sulphite market. One of the factors is that, exposure to sodium sulphite powder may cause irritation to the respiratory tract, eyes, and the skin. It may cause allergic reactions if inhaled. Furthermore, the ingestion of sodium sulphite might cause severe gastrointestinal irritation and diarrhea, and over ingestion may also lead to death. 

New product launches to flourish the market 

Aditya Birla group and Grasim Industries have merged their business for $40 billion. This merger is done in order to compile the operating business segment of both companies as said by group’s chairman Kumar Mangalam. This merger consolidates Aditya Birla Group’s chlor – alkali business into Grasim and reinforces its existing portfolio of viscose staple fiber, caustic soda and allied chemical business.

Surge in usage in water treatment plants 

In water treatment applications sodium sulfite is generally utilized as a specialist for dichlorination of industrial and municipal waste water in consistence with the stringent guidelines set by regulatory bodies around the world. The water treatment chemical substances industry is witnessing a quick demand because of   better treatment of industrial waste water as well as municipal waste water discharged into the water bodies. Developing awareness among the overall population and the protest against the harmful impacts, of industrial and municipal waste water polluted with human squanders, on nature has led to severe guidelines overseeing the release of wastewater. Thus, these reasons have supported the development of waste water treatment chemicals including sodium sulfite.

Key segments covered:

Key benefits of the report:

• This study presents the analytical depiction of the global Sodium Sulfite market along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Sodium Sulfite market.
• The current market is quantitatively analyzed from 2020 to 2027 to highlight the global Sodium Sulfite market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
• The report provides a detailed global sodium sulfite market analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the sodium sulfite market research report:

• Which are the leading market players active in the sodium sulfite market?
• What would be the detailed impact of COVID-19 on the market?
• What current trends would influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the sodium sulfite market?
• What are the projections for the future that would help in taking further strategic steps?