Sodium sulfide is the chemical compound with formula Na2S, or NA2 S.9H2O. The product is colorless water soluble salt and it is belongs to alkaline solutions. Moreover, sodium sulfide is used in the pulp & paper industry, textile industry, water treatment, and in the chemical manufacturing.
Market Dynamics
The global sodium sulfide market has witnessed significant growth in recent, past years, owing to the rising demand for sodium sulfide from end-use industries such as leather and tanning industry. Based on applications, the global sodium sulfide market is bifurcated in leather processing, chemical processing, pulp & paper water treatment, ore processing, and others. Among these segments, the leather processing application dominated the global sodium sulfide market in 2018, owing to the rising consumer purchasing power and increase in the number of working women. These factors have led to the demand for leather clothes, footwear and bags. For instance, according to India Brand Equity Foundation (IBEF), the major mining markets for Indian leather and leather products is United States with 14.66% of market share in 2018. This factor is estimated to foster market growth in the forecast timeframe.
Moreover, the growing pulp and paper industry is another major factor that is projected to propel the market growth of sodium sulfide. This is attributed to the wide use of sodium sulfide in the production of paper products. Moreover, according to a report released by Indian Paper Manufacturers Association (IPMA) detailing the paper industry overview for 2017-2018, the per capita paper consumption in India is around 13-kgs, while the global average is 57-kgs. These factors are estimated to be the growth factor of the global sodium sulfide market in the coming years.
Furthermore, the Asia Pacific region dominated the global sodium sulfide market in 2018, owing to the increasing number of metal mining and metal processing industries and investments in the construction industry in this region. For instance, according to the Indian Mine Industry, the mineral production for the year 2018-19 is estimated to be 108.1 million as compared to previous year production 104.9 which is showing positive growth of 3%. As a result, this scenario is estimated to foster the growth of the global sodium sulfide market during the forecast period.
Key features of the study:
- This report provides in-depth analysis of the global sodium sulfide market, market size (US$ Million and Kilo Tons), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2019–2027).
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, sodium sulfide products, regional outlook, and competitive strategy adopted by the leading players.
- Key companies covered as a part of this study includes Solvay s.a., Longfu Group, Nafine Chemical Industry Group Co., Ltd, Inner Mongolia Lichuan Chemical Co., Ltd, Xintai Wanhe Chemical Co.Ltd, China Nafine group international co ltd., Tessenderlo Group, Sichuan Shenhong Chemical Industry Co., Ltd., Shenzhou Jiaxin Chemical Co., Ltd, and Changsha Vahenry Chemical Co., Ltd.
- It profiles leading players in the global sodium sulfide market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics.
- The global sodium sulfide market report caters to various stakeholders in this industry, including investors, product developers, distributors, sodium sulfide companies, research institutes, new entrants, and financial analysts.
- Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analyzing the global sodium sulfide market.
Market Taxonomy
- Global Sodium Sulfide Market, By Product Type:
- Regular Grade
- High Purity Grade
- Global Sodium Sulfide Market, By Application:
- Leather Processing
- Pulp & Paper
- Chemical processing
- Water Treatment
- Ore Processing
- Others (Food Preservatives, etc.)
- Global Sodium Sulfide Market, By Geography:
- North America
- U.S.
- By Product Type:
- Regular Grade
- High Purity Grade
- By Application:
- Leather Processing
- Pulp & Paper
- Chemical processing
- Water Treatment
- Ore Processing
- Others (Food Preservatives, etc.)
- Canada
- By Product Type:
- Regular Grade
- High Purity Grade
- By Application:
- Leather Processing
- Pulp & Paper
- Chemical processing
- Water Treatment
- Ore Processing
- Others (Food Preservatives, etc.)
- Europe
- U.K.
- By Product Type:
- Regular Grade
- High Purity Grade
- By Application:
- Leather Processing
- Pulp & Paper
- Chemical processing
- Water Treatment
- Ore Processing
- Others (Food Preservatives, etc.)
- Germany
- By Product Type:
- Regular Grade
- High Purity Grade
- By Application:
- Leather Processing
- Pulp & Paper
- Chemical processing
- Water Treatment
- Ore Processing
- Others (Food Preservatives, etc.)
- Italy
- By Product Type:
- Regular Grade
- High Purity Grade
- By Application:
- Leather Processing
- Pulp & Paper
- Chemical processing
- Water Treatment
- Ore Processing
- Others (Food Preservatives, etc.)
- France
- By Product Type:
- Regular Grade
- High Purity Grade
- By Application:
- Leather Processing
- Pulp & Paper
- Chemical processing
- Water Treatment
- Ore Processing
- Others (Food Preservatives, etc.)
- Spain
- By Product Type:
- Regular Grade
- High Purity Grade
- By Application:
- Leather Processing
- Pulp & Paper
- Chemical processing
- Water Treatment
- Ore Processing
- Others (Food Preservatives, etc.)
- Nordic
- By Product Type:
- Regular Grade
- High Purity Grade
- By Application:
- Leather Processing
- Pulp & Paper
- Chemical processing
- Water Treatment
- Ore Processing
- Others (Food Preservatives, etc.)
- Benelux
- By Product Type:
- Regular Grade
- High Purity Grade
- By Application:
- Leather Processing
- Pulp & Paper
- Chemical processing
- Water Treatment
- Ore Processing
- Others (Food Preservatives, etc.)
- Russia
- By Product Type:
- Regular Grade
- High Purity Grade
- By Application:
- Leather Processing
- Pulp & Paper
- Chemical processing
- Water Treatment
- Ore Processing
- Others (Food Preservatives, etc.)
- Poland
- By Product Type:
- Regular Grade
- High Purity Grade
- By Application:
- Leather Processing
- Pulp & Paper
- Chemical processing
- Water Treatment
- Ore Processing
- Others (Food Preservatives, etc.)
- Rest of Europe
- By Product Type:
- Regular Grade
- High Purity Grade
- By Application:
- Leather Processing
- Pulp & Paper
- Chemical processing
- Water Treatment
- Ore Processing
- Others (Food Preservatives, etc.)
- Asia Pacific
- China
- By Product Type:
- Regular Grade
- High Purity Grade
- By Application:
- Leather Processing
- Pulp & Paper
- Chemical processing
- Water Treatment
- Ore Processing
- Others (Food Preservatives, etc.)
- India
- By Product Type:
- Regular Grade
- High Purity Grade
- By Application:
- Leather Processing
- Pulp & Paper
- Chemical processing
- Water Treatment
- Ore Processing
- Others (Food Preservatives, etc.)
- Japan
- By Product Type:
- Regular Grade
- High Purity Grade
- By Application:
- Leather Processing
- Pulp & Paper
- Chemical processing
- Water Treatment
- Ore Processing
- Others (Food Preservatives, etc.)
- ASEAN
- By Product Type:
- Regular Grade
- High Purity Grade
- By Application:
- Leather Processing
- Pulp & Paper
- Chemical processing
- Water Treatment
- Ore Processing
- Others (Food Preservatives, etc.)
- South Korea
- By Product Type:
- Regular Grade
- High Purity Grade
- By Application:
- Leather Processing
- Pulp & Paper
- Chemical processing
- Water Treatment
- Ore Processing
- Others (Food Preservatives, etc.)
- Rest of Asia Pacific
- By Product Type:
- Regular Grade
- High Purity Grade
- By Application:
- Leather Processing
- Pulp & Paper
- Chemical processing
- Water Treatment
- Ore Processing
- Others (Food Preservatives, etc.)
- Latin America
- Brazil
- By Product Type:
- Regular Grade
- High Purity Grade
- By Application:
- Leather Processing
- Pulp & Paper
- Chemical processing
- Water Treatment
- Ore Processing
- Others (Food Preservatives, etc.)
- Mexico
- By Product Type:
- Regular Grade
- High Purity Grade
- By Application:
- Leather Processing
- Pulp & Paper
- Chemical processing
- Water Treatment
- Ore Processing
- Others (Food Preservatives, etc.)
- Rest of Latin America
- By Product Type:
- Regular Grade
- High Purity Grade
- By Application:
- Leather Processing
- Pulp & Paper
- Chemical processing
- Water Treatment
- Ore Processing
- Others (Food Preservatives, etc.)
- Middle East & Africa
- GCC
- By Product Type:
- Regular Grade
- High Purity Grade
- By Application:
- Leather Processing
- Pulp & Paper
- Chemical processing
- Water Treatment
- Ore Processing
- Others (Food Preservatives, etc.)
- South Africa
- By Product Type:
- Regular Grade
- High Purity Grade
- By Application:
- Leather Processing
- Pulp & Paper
- Chemical processing
- Water Treatment
- Ore Processing
- Others (Food Preservatives, etc.)
- Rest of Middle East & Africa
- By Product Type:
- Regular Grade
- High Purity Grade
- By Application:
- Leather Processing
- Pulp & Paper
- Chemical processing
- Water Treatment
- Ore Processing
- Others (Food Preservatives, etc.)
- Company Profiles
-
- Solvay S.A.*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Longfu Group
- Nafine Chemical Industry Group Co., Ltd
- Inner Mongolia Lichuan Chemical Co., Ltd
- Xintai Wanhe Chemical Co.Ltd
- China Nafine group international co ltd.
- Tessenderlo Group, Sichuan Shenhong Chemical Industry Co., Ltd.
- Shenzhou Jiaxin Chemical Co., Ltd
- Changsha Vahenry Chemical Co., Ltd.
“*” marked represents similar segmentation in other categories in the respective section
