Global Sodium Sulphide Market Insights and Forecast to 2028

SKU ID : QYR-19895812 | Publishing Date : 06-Jan-2022 | No. of pages : 117

Sodium sulfide is a yellow, solid flake with a sulfurous (rotten egg) smell. It is the name used to refer to the chemical compound Na2S but more commonly its hydrate Na2S.9H2O. Both are colorless water-soluble salts that give strongly alkaline solutions. It is usually obtained by heating sodium sulfate with coal or hydrogen. Sodium sulfide may be used in the making of colors and dyes. It can also be used in the manufacture of other chemicals, metals or in mining (ore processing) and in waste water, soil and process sludge treatment.
Market Analysis and Insights: Global Sodium Sulphide Market
Due to the COVID-19 pandemic, the global Sodium Sulphide market size is estimated to be worth US$ 381.6 million in 2022 and is forecast to a readjusted size of US$ 463.7 million by 2028 with a CAGR of 3.3% during the review period. Fully considering the economic change by this health crisis, Industrial Sodium Sulphide accounting for % of the Sodium Sulphide global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Chemical Industry segment is altered to an % CAGR throughout this forecast period.
Major suppliers of sodium sulfide include Elion Clean Energy Company, Sichuan Shenhong Chemical, Solvay, Jiaxin Chemical and Nouryon. In 2019, the Top 5 players accounted for about 34.67% of the global revenue share.
China is the largest production area of sodium sulfide, producing 79.58% of the world's sodium sulfide in 2019.
The Asia-Pacific region is the largest consumer market of sodium sulfide, consuming about 70.70% of the global sodium sulfide in 2019.
Industrial sodium sulfide is the product type with the highest yield, accounting for 65.86% of the total output in 2019, and low ferric sodium sulfide ranks the second, accounting for 27.26%.
The chemical industry consumes the most sodium sulfide, with the corresponding share reaching 32.78% in 2019, followed by the dye industry with 22.71%.
In terms of production side, this report researches the Sodium Sulphide capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Sodium Sulphide by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Sodium Sulphide Scope and Segment
Sodium Sulphide market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Sodium Sulphide market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Industrial Sodium Sulphide
Low Ferric Sodium Sulphide
Anhydrous Sodium Sulphide
Segment by Application
Chemical Industry
Dye Industry
Leather Industry
Paper Industry
Others
By Company
Elion Clean Energy Company
Sichuan Shenhong Chemical
Solvay
Jiaxin Chemical
Nafine Chemical Industry
Longfu Group
Shaanxi Fuhua Chemical
Nouryon
Yabulai Salt Chem
ChemChina
Sichuan Xinxing Chem
XinJi Xibo Chemical
Sankyo Kasei
Tessenderlo
Chemical Products Corporation
Nagao
Iran Sodium Sulphide Company
Production by Region
North America
Europe
China
Japan
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

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