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Global Sodium Metabisulphite Market to reach USD 975.08 million by 2027

Global Sodium Metabisulphite Market Size study, By Type (Food Grade, Industrial Grade, Photo grade), By Application (Water Treatment, Pulp & paper Industry, Textile Industry, Mining Industry, Food Industry, Photographic Industry), and Regional Forecasts 2020-2027

Product Code: CAMCAC_39797057
Publish Date: 18-12-2020
Page: 200

Global Sodium Metabisulphite Market is valued approximately at USD 677.17 million in 2019 and is anticipated to grow with a healthy growth rate of more than 4.89% over the forecast period 2020-2027. Sodium metabisulfite is an inorganic compound composed of oxygen, sodium and sulphur and is soluble in water and glycerin, making it an excellent compound for use in various industries. The sodium metabisulfite market is driven by a booming food & beverage industry, particularly in developed countries such as the United States, along with an increasing demand for food packaging to sustain food safety, which has significantly boosted the market size over the forecast period. As per International Food Information Council Foundation Report, packaged foods sales jump 50% in 2020 from 2019 as consumers seek safety in coronavirus pandemic. Similarly, according to USDA (U.S. Department of Agriculture) Foreign Agricultural Service, the Food & beverage processing sector is one of the most pivotal sectors for the economy of Canada, accounting for around 17% of Canadian manufacturing. In the year 2018, the food manufacturing shipments reached to around USD 87 billion. The processed food exports amount to around USD 28 billion which is one of the highest among North American countries. The central government of Canada aims to enhance the agri-food exports by around 26% by the end of the year 2025 resulting in pushing the demand for the global sodium metabisulphite market. Moreover, there are around 6500 organizations that are indulged in food & beverage processing in the sectors such as meat processing, dairy product manufacturing and grains & oilseeds processing which is further augmenting the growth of sodium metabisulphite market. However, availability of various substitutes in sodium metabisulphite market may act as a restraining factors towards the adoption.
The regional analysis of global Sodium Metabisulphite Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is projected to have the highest growth, led by the rapid expansion of its industrial-based industries including packaged food, paper and pulp, textiles and pharmaceuticals.
Major market player included in this report are:
Esseco
INEOS calabrian
BASF
Aditya Birla Chemicals
Shandong Kailong Chemical Technology Development Co., Ltd
PT DUNIA KIMIA JAYA
Weifang Tian Chuang Chemical
Huizhong Chemical Industry
Yinqiao Technology
Rongjin Chemical
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Food Grade
Industrial Grade
Photo Grade
By Application:
Water Treatment
Pulp & Paper Industry
Textile Industry
Mining Industry
Food Industry
Photographic Industry
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Sodium Metabisulphite Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Sodium Metabisulphite Market, by Region, 2018-2027 (USD Billion)
1.2.2. Sodium Metabisulphite Market, by Application, 2018-2027 (USD Billion)
1.2.3. Sodium Metabisulphite Market, by Type, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Sodium Metabisulphite Market Definition & Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Sodium Metabisulphite Market Dynamics
3.1. Sodium Metabisulphite Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Sodium Metabisulphite Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Sodium Metabisulphite Market, by Application
5.1. Market Snapshot
5.2. Global Sodium Metabisulphite Market by Application, Performance – Potential Analysis
5.3. Global Sodium Metabisulphite Market Estimates & Forecasts by Application, 2017-2027 (USD Billion)
5.4. Sodium Metabisulphite Market, Sub Segment Analysis
5.4.1. Water Treatment
5.4.2. Pulp & Paper Industry
5.4.3. Textile Industry
5.4.4. Mining Industry
5.4.5. Food Industry
5.4.6. Photographic Industry
Chapter 6. Global Sodium Metabisulphite Market, by Type
6.1. Market Snapshot
6.2. Global Sodium Metabisulphite Market by Type, Performance – Potential Analysis
6.3. Global Sodium Metabisulphite Market Estimates & Forecasts by Type, 2017-2027 (USD Billion)
6.4. Sodium Metabisulphite Market, Sub Segment Analysis
6.4.1. Food Grade
6.4.2. Industrial Grade
6.4.3. Photo Grade
Chapter 7. Global Sodium Metabisulphite Market, Regional Analysis
7.1. Sodium Metabisulphite Market, Regional Market Snapshot
7.2. North America Sodium Metabisulphite Market
7.2.1. U.S. Sodium Metabisulphite Market
7.2.1.1. Application breakdown estimates & forecasts, 2017-2027
7.2.1.2. Type breakdown estimates & forecasts, 2017-2027
7.2.2. Canada Sodium Metabisulphite Market
7.3. Europe Sodium Metabisulphite Market Snapshot
7.3.1. U.K. Sodium Metabisulphite Market
7.3.2. Germany Sodium Metabisulphite Market
7.3.3. France Sodium Metabisulphite Market
7.3.4. Spain Sodium Metabisulphite Market
7.3.5. Italy Sodium Metabisulphite Market
7.3.6. Rest of Europe Sodium Metabisulphite Market
7.4. Asia-Pacific Sodium Metabisulphite Market Snapshot
7.4.1. China Sodium Metabisulphite Market
7.4.2. India Sodium Metabisulphite Market
7.4.3. Japan Sodium Metabisulphite Market
7.4.4. Australia Sodium Metabisulphite Market
7.4.5. South Korea Sodium Metabisulphite Market
7.4.6. Rest of Asia Pacific Sodium Metabisulphite Market
7.5. Latin America Sodium Metabisulphite Market Snapshot
7.5.1. Brazil Sodium Metabisulphite Market
7.5.2. Mexico Sodium Metabisulphite Market
7.6. Rest of The World Sodium Metabisulphite Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Esseco
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Industry Summary
8.2.1.5. Recent Developments
8.2.2. INEOS calabrian
8.2.3. BASF
8.2.4. Aditya Birla Chemicals
8.2.5. Shandong Kailong Chemical Technology Development Co., Ltd
8.2.6. PT DUNIA KIMIA JAYA
8.2.7. Weifang Tian Chuang Chemical
8.2.8. Huizhong Chemical Industry
8.2.9. Yinqiao Technology
8.2.10. Rongjin Chemical
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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