The market expansion of sodium sulphide is anticipated to be primarily driven by the rising production of leather. In the pre-tanning procedure, sodium sulphide is employed as a dehairing chemical to aid in the removal of animal hair. Over the course of the projected period, rising demand for leather products in developing nations like China and India is anticipated to drive market expansion for sodium sulphide. The market for sodium sulphide is anticipated to develop as its use in the processing of ore increases. During the ore flotation process, sodium sulphide is frequently used to produce ferrous (iron and steel) and non-ferrous (alumina and bauxite, copper, lead, magnesium, zinc, etc.) metals. The flotation technique for copper ore uses sodium sulphide as well.
The global Sodium Sulfide Market is projected to reach around US$ 672 million by the end of 2027, in terms of revenue, growing at CAGR of 3.4% during the forecast period (2019-2027).
Market Leaders in the Sodium Sulfide Industry:
Solvay S.A.
Solvay SA provides advanced materials and specialty chemicals worldwide. The company was founded in 1863 and is headquartered in Brussels, Belgium. In January, 2023 Solvay launches the first ISCC PLUS certified mass balance vanillin.
Nafine Chemical Industry Group Co., Ltd
Nafine Chemical Industry Group Co., Ltd was established in April 1996, it is a large scale enterprise group and state-controlled listed company that cross-industry and cross national ten provinces. It has headquarters situated in Tianjin, China.
Inner Mongolia Lichuan Chemical Co., Ltd
Inner Mongolia Lichuan Chemical Co., Ltd. was established in 1969. It has headquarters situated Inner Mongolia, China.