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Sodium Sulfide Market 2017–2027

Sodium Sulfide is a chemical compound that is alkaline in nature when exposed to air and smells like rotten eggs. It has a wide range of application across pulp and paper industry, textile industry, water treatment, and various chemical manufacturing processes such as manufacturing of sulfur dyes, rubber chemicals, and oil recovery. Sodium sulfide is also used in the photographic industry for protecting the developer solution from being getting oxidize. Moreover, it is also used in the pulp and paper industry in the Kraft process. Furthermore, it is also used to produce elastic synthetic products, sulfur colors, and leather products.

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).

Drivers

The growing production of leather is expected to serve as a prime driving factor fueling the market growth of sodium sulfide. Sodium sulfide is used as a dehairing agent in the pre-tanning process where it helps to remove animal hair. Growing demand for leather product across developing countries such as China and India is estimated to propel the market growth of sodium sulfide over the forecast timeframe.

Rising usage of sodium sulfide in ore processing is expected to foster the market growth of sodium sulfide. Sodium sulfide is widely used in the production of ferrous (iron and steel) and non-ferrous (alumina & bauxite, copper, lead, magnesium, zinc, etc.) metals during ore flotation process. Sodium sulfide is also used in the copper minerals flotation process. Hence, rising demand for sodium sulfide from ore process is projected to foster the market growth over the forecast timeframe. 

On basis of the region, the Asia Pacific region dominated the global sodium sulfide market in 2018, accounting for 35.9% share in terms of volume, followed by Europe and North America, respectively.

Figure 1. Global Sodium Sulfide Market, Revenue Share (%), By Region, 2018

Sodium Sulfide  | Coherent Market Insights

Market Restraints

Another major concern associated with the sulfide-rich effluents sewer corrosion, malodours, and toxicity to humans, livestock & agriculture which is expected to hinder the market growth of sodium sulfide. Moreover, strict rules and regulations imposed on the usage of sodium sulfide is further anticipated to hinder the market growth over the forecast period.

Sodium sulfide is highly alkaline in nature and may cause skin burns and other skin related problems upon exposure. Therefore, this side-effects associated with the usage of sodium sulfide is expected to hinder the market growth over the forecast timeframe.

Market Opportunities

Rising usage of sodium sulfide as food additives during the preparation of food is expected to offer lucrative growth opportunity to the market over the forecast period. Sodium sulfide is used to enhance the coloration, taste, flavor, and quality of the food to increase the shelf-life is expected to augment the market growth. Also, sodium sulfide is useful in fortifying the nutritional value of the food product.

The booming textile sector due to rising production and exports of textile is expected to propel the market growth of sodium sulfide. According to the India Brand Equity Foundation, India's overall textile exports during FY 2017-18 stood at US$ 39.2 billion in FY18 and is projected to reach US$ 82.00 billion by 2021. Hence, rising product and exports of textile are projected to foster the market growth of sodium sulfide over the forecast timeframe. 

Figure 2. Global Sodium Sulfide Market– Opportunity Analysis

Sodium Sulfide  | Coherent Market Insights

Market Trends

Expanding oil &gas industry where sodium sulfide is used to recover the oil is expected to foster market growth. According to the U.S. Energy Information Administration, U.S. oil production reached 9.97 million barrels per day (b/d) in December 2017 and 12.04 million b/d in December 2018. Therefore, the rising production of oil, especially in the U.S. region, is expected to augment the market growth of sodium sulfide over the forecast timeframe.

Expanding chemical industry due to rising spending by the manufacturer is also another major trend that has been observed in the market and this is projected to propel the market growth of sodium sulfide. According to Invest India, the market size of the Chemicals industry in India stood at US$ 163 billion in 2017-18 and alkali chemicals had the largest share in the Chemical industry in India with approximately 69% share in the total production. Hence, expanding the chemical industry will favor market growth over the forecast period.

Figure 3. Global Sodium Sulfide Market, Revenue Share (%), By Application, in 2018

Sodium Sulfide  | Coherent Market Insights

On the basis of application, in 2018, leather processing segment has accounted the largest market share of 31.4% in terms of value, followed by ore processing and pulp & paper respectively.

Figure 4. Global Sodium Sulfide Market – Value Chain Analysis

Sodium Sulfide  | Coherent Market Insights

Competitive Section:

Key players operating in global sodium sulfide market are 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.

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

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • PEST Analysis
      • PORTER’s Analysis
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
  4. Global Sodium Sulfide Market,  By Product Type, 2017 - 2027 (US$ Million and Kilo Tons)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Regular Grade
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Kilo Tons)
    • High Purity Grade
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Kilo Tons)
  5. Global Sodium Sulfide Market,  By Application, 2017 - 2027 (US$ Million and Kilo Tons)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Leather Processing
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Kilo Tons)
    • Pulp & Paper
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Kilo Tons)
    • Chemical processing
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Kilo Tons)
    • Water Treatment
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Kilo Tons)
    • Ore Processing
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Kilo Tons)
    • Others (Food Preservatives, etc.)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Kilo Tons)
  6. Global Sodium Sulfide Market,  By Region, 2017- 2027 (US$ Million and Kilo Tons)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Region, 2019 - 2027
    • North America
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
    • Latin America
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Rest of Latin America
          • Sub-region/Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
    • Europe
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • France
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Nordic
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Benelux
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Poland
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
    • Asia Pacific
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • China
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • India
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
    • Middle East & Africa
      • Market Share Analysis, By Country/ Sub-region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country/ Sub-region, 2019 - 2027
        • GCC
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • South Africa
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • North Africa
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Rest of Middle East & Africa
          • Sub-region/Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
  7. Competitive Landscape
    • Market Share Analysis
    • Company Profiles
      • Solvay s.a.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Longfu Group
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Nafine Chemical Industry Group Co., Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Inner Mongolia Lichuan Chemical Co., Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Xintai Wanhe Chemical Co.Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • China Nafine group international co ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Tessenderlo Group
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Sichuan Shenhong Chemical Industry Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Shenzhou Jiaxin Chemical Co., Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Changsha Vahenry Chemical Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 45 market data tables* and 30 figures* on "Global Sodium Sulfide Market” – global forecast to 2027

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Data Triangulation Methodology | Coherent Market Insights

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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