Sodium Metabisulfite Market Analysis

Sodium Metabisulfite Market Analysis

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Based on grade, the market has been segmented into food grade, industrial/technical grade and photo grade. The industrial/technical grade segment will capture USD 709 million and demonstrate a 6.3% CAGR through 2032. Due to their versatile usage in pulp & paper industry as an antichlor and for de-lignification purpose, in textile industry as a bleaching agent for wool and jute, in pharma industry for manufacturing of antioxidant drugs. Strong demand from Asian countries is subjected to the growing textile industry in the region which will propel demand for fabrics like silk, viscose, hemp and other products. The product also has extended application in the mining industry as a floating agent and cyanide detoxification. It is also used as an oxygen scavenging agent in steam boilers & drilling water. 
 

The sodium metabisulfite market from pulp & paper segment held a 44.9% industry share in 2023, amounting to USD 195 million, and is projected to grow at a 6.3% CAGR from 2024 to 2032. In the food and beverage sector, demand remains robust due to its role as a preservative and antioxidant. The water treatment industry also shows steady growth, driven by increasing water purification needs. Chemical and pharmaceutical applications are expanding, with sodium metabisulfite being crucial for various reactions and formulations. The textile and leather industries use it for bleaching and tanning processes, respectively, though growth in these areas is slower compared to others. The pulp and paper sector is witnessing moderate demand, linked to its use in bleaching and decolorizing. The photographic and film industries, while historically significant, are seeing a decline due to digitalization. Emerging applications in mining and fiber industries are creating new opportunities, contributing to a more dynamic market landscape. Overall, the market reflects a mix of stable, growing, and contracting sectors.
 

Asia Pacific region led by China, India and South Korea. The Asia Pacific sodium metabisulfite market is projected to reach USD 335.5 million, with a CAGR of 6.6% from 2024 to 2032. These nations witness growing demand for designer leather apparel, footwear, bags, and accessories pertaining to rising per capita incomes. Moreover, government initiatives to ban poly bags and introduce paper-based products will likely propel market growth in the region. Recovery in industrialized nations and growth in the emerging markets of India, China, Indonesia, Vietnam and Thailand will eventually gain investments in chemical and pharma, textile and leather, industries.  This region has huge leather processing industry which not only manufacture but also exports different types of leather from livestock including calves, goat, and sheep that caters to several end-use markets.