The sodium metabisulfite market is expected to reach a value of $326 million in 2019 and will reach $496 million by 2025 with an annual growth rate of 5 percent from 2019 to 2025. This is according to the report Sodium Metabisulfite Market Size, By Grade (Food Grade, Industrial/Technical Grade, Photo Grade), By End-user (Food & Beverages, Water Treatment, Chemical & Pharma, Textile Industry, Leather Industry [Tanneries], Pulp & Paper, Photographic & Film), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025 by Global Market Insights. The report states that the sodium metabisulfite market is experiencing growth because of its huge acceptance as a food additive that serves as a preservative. Both the FDA and the European Union have approved sodium metabisulfite’s use in food. The chemical is also used in effluent water treatment and in the leather and textile industries for an auxiliary in bleaching and decalcification processes.
The market for sodium metabisulfite is expected to be hindered by the chemical’s potential human health hazards, including skin allergic reactions, dysfunctional gastrointestinal system, and other chronic diseases. Other preservatives, such as sodium bisulfate, sorbic acid, benzoic acid, citric acid, L-cysteine, and others, will also compete with sodium metabisulfite for market share and impact market growth.
In terms of grade, the industrial-grade sodium metabisulfite is the largest portion of the market and is projected to account for around 90 percent of the market in 2025. This high market share is expected to be concentrated in the Asia-Pacific region, where many manufacturers and suppliers of the chemical are located. The primary growing use of the chemical is expected to be for bleaching and dechlorinating in several end industries. Other industrial uses could be for food and beverage, textiles, paper and pulp, which is predicted to account for about 45 percent of the overall end-user segment in 2025. For more info and to purchase a copy of the report for $4,500, visit www.gminsights.com.