Sodium benzenesulfinate, a white crystalline powder, is easily soluble in water and inflammable. It can be used in photosensitive material of photo and as intermediate in pharmacy.
Sodium benzenesulfinate, a white crystalline powder, is usually used as pharma intermediate during the medicine synthesis. Also, it can be used in other industries, such as photo-taking industry, plastic industry and so on.
Among those applications, demand from pharma industry accounted for the largest consumption proportion, which was 61.98% in 2015.
Due to various factors, such as manufacturing cost, environment issues, etc. Some companies exited the market one after the other in the past few years. In fact, China has become the major production base of sodium benzenesulfinate, few companies in other regions produce the product. In 2015, China’ sodium benzenesulfinate production reached to 3487 MT, holding about 84.82% market share globally.
As for consumption, China, Europe, India are the major consumers. The three regions consumed about 2488 MT, 580 MT and 463 MT respectively, with a total consumption share of 85.91% in 2015.
Considering the current status, information revealed that the sodium benzenesulfinate market is not promising. Market insiders think that the sodium benzenesulfinate industry will be unlikely to surge in the coming few years, no matter from the production aspect or demand aspect. The sodium benzenesulfinate will continue to be soft during the period of 2017-2022 with the GACR of 1.62%.
According to this study, over the next five years the Sodium Benzenesulfinate market will register a -1.2% CAGR in terms of revenue, the global market size will reach US$ 22 million by 2024, from US$ 24 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Sodium Benzenesulfinate business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Sodium Benzenesulfinate market by product type, application, key manufacturers and key regions and countries.
This study considers the Sodium Benzenesulfinate value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Pharma Grade
Photo Grade
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Pharma Industry
Photo-taking Industry
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Household-use Chemicals
Best
Huihong
Organica Feinchemie GmbH Wolfen
Huadao Chloride Factory
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Sodium Benzenesulfinate consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Sodium Benzenesulfinate market by identifying its various subsegments.
Focuses on the key global Sodium Benzenesulfinate manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Sodium Benzenesulfinate with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Sodium Benzenesulfinate submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Sodium Benzenesulfinate . Industry analysis & Market Report on Sodium Benzenesulfinate is a syndicated market report, published as Global Sodium Benzenesulfinate Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Sodium Benzenesulfinate market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.