The market study on Asia Pacific Sodium Sulfide Market provides detailed analysis on this industry including substantial details subject to its overall position in the global landscape and applications across myriad end-user industries.
According to this report, the Asia Pacific sodium sulfide industry was valued at USD 180 million in 2019 and is further projected to record a valuation of USD 280 million/billion by 2026 while depicting a growth rate of 7% over 2020-2026. In line with this, the study also constitutes of crucial information on the current market scenario, developing technologies, widespread competitive landscape, strategies undertaken by market rivals, prospects, and vivid market segmentations.
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Moreover, details regarding growth rendering factors and ongoing technological trends that are expected to drive the overall APAC sodium sulfide industry have also been accurately drafted in the research report. The Asia Pacific sodium sulfide market has been potentially fragmented based on product, application, regions, and competitive landscape, whose in-depth study has also been covered in the report.
Anhydrous product segment has wide use in rayon dyeing, gold ore hydrometallurgy, leather, paper and organic chemical manufacturing industries. It is widely deployed in laboratories as an inert drying agent, for eliminating traces of water from organic solutions. Moreover, gel-based anhydrous sodium sulfide is used in personal care applications, such as toenail trimming. The product performs a softening role for the reduction of pain during toenail trimming, these factors will further enhance the product penetration rate.
As per the given document, Asia Pacific sodium sulfide market has vividly been diversified into regions. The report also includes substantial information on various factors that contribute to the overall market growth, trending growth opportunities, current and predicted CAGRs, technologies being used, robust presence of top-notch companies, regulatory reforms, and individual market share.
According to market trends, tanneries applications segment may witness gains of over 7% between 2020 to 2026. The product is used in the processing of different leather varieties which improves softness and properties of the manufactured item. Growth in operational costs along with stringent labor regulations in Italy, France, Spain, and Germany has resulted in shifting of major leather manufacturing facilities from Europe to several Asian nations including India, China, and South Korea. Moreover, surge in exports of leather from India, and China is likely to propel the product demand. For instance, Indian leather goods exports exceeded USD 4.6 billion in 2019-20.
The Asia Pacific sodium sulfide market is highly consolidated and claims the presence of prominent companies such as Sankyo Kasei Co., Ltd., Anmol Chemicals Group, Nafine Group International Co., Ltd., Hebei Xinji Chemical Group Co., Ltd., Longfu Group, Shaanxi Fuhua Chemical Co., Ltd, and Shengli Limited. Additionally, the document drafted puts forth details on the sales spectrum of each of these firms, their market tactics to maintain strong foothold in the overall market, individual company profiles and market share, and their stance in the global ecosystem.
Chapter 4 Asia Pacific Sodium Sulfide Market Share, By Product
4.1 Market trends
4.2 Low Ferric
4.2.1 Market size from low ferric, 2015-2026, (Tons) (USD Million)
4.2.2 Market size from low ferric by country, 2015-2026, (Tons) (USD Million)
4.3.1 Market size from anhydrous, 2015-2026, (Tons) (USD Million)
4.3.2 Market size from anhydrous, by country, 2015-2026, (Tons) (USD Million)
4.4.1 Market size from crystal, 2015-2026, (Tons) (USD Million)
4.4.2 Market size from crystal, by country, 2015-2026, (Tons) (USD Million)
Chapter 5 Asia Pacific Sodium Sulfide Market Size, By Grade
5.1 Market trends
5.2.1 Market size from technical grade, 2015-2026, (Tons) (USD Million)
5.2.2 Market size from technical grade, by country, 2015-2026, (Tons) (USD Million)
5.3.1 Market size from purified grade, 2015-2026, (Tons) (USD Million)
5.3.2 Market size from purified grade, by country, 2015-2026, (Tons) (USD Million)
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