Sodium hydrosulphide is a compound which is obtained from neutralizing hydrogen sulphide with sodium hydroxide. It is an essential reagent that is used to manufacture organic and inorganic sulphur compounds. Growing application potential in agriculture chemicals and lubricants along with companies trying to reduce complexities in production process to achieve higher yields will accelerate industry growth.
Sodium hydrosulphide is considered less toxic, thus acting as a potential alternative to replace sulphur in many chemical reactions which is likely to drive market size. It is used in sulphuric acid and elemental sulphur manufacturing along with potential application in chemicals, dyes, plastic additives, leather, rubber and pharmaceutical industries. Expanding paper pulp industry owing to its high demand from packaging industry along with technical advancements in production process will positively favour industry growth. Sodium hydrogen sulphide helps in degrading lignin structure present in wood which is a raw material for paper manufacturing, thereby stimulating product demand in paper and pulp industry.
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SODIUM HYDROSULPHIDE MARKET SEGMENTAL OVERVIEW
The report analyses the global sodium hydrosulphide market based on form, grade, application and geography
SODIUM HYDROSULPHIDE BY APPLICATION
Furthermore, the major application considered in the study is pulp paper, mining, tanneries, chemical processing. Sodium hydrosulphide has extensive application in leather tanneries as vital leather tanning chemical which assists in dehairing and generates minimal waste, thus, reducing waster formation, in turn minimising harmful effect on environment. Increase in demand for leather goods mainly due to availability of high end fashion brands will further enhance industry growth.
SODIUM HYDROSULPHIDE BY GEOGRAPHY
The global market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World. Asia Pacific region is the largest consumer of sodium hydrosulphide and is expected to be the fastest growing region over the forecast timeframe. Presence of large number of end use industries engaged in processed products manufacturing which includes paper pulp, textile and leather is anticipated to drive regional industry growth. In addition, rising industrial sector has generated need for effective waste water treatment to combat harmful environmental effects which will boost demand for sodium hydrosulphide in water treatment application in this region.
SODIUM HYDROSULPHIDE MARKET COMPETITOR ANALYSIS
The key players in the sodium hydrosulphide market include Solvay, Akzo Nobel, Henan Yinzhidu Environmental Protection technology Co., Ltd., Genesis Energy, Henan Tianshui Chemical Co., Tessenderlo Group, Chemical Products Corporation, Sankyo Kasei, Merck Millipore, Cayman Chemicals, Nilkanth Organics, Prasol Chemicals Pvt. Ltd., Ganga Chemicals, Aditya Commercial Corporation, Suvidhi Industries, Triveni Chemicals, Silicon Industries, Akshya Minerals Chemicals, Chaitanya Chemicals and NAGAO
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