High demand for preservative and additive from wide range of industries is expected to provide room for Sodium metabisulphite market growth

 

Sodium metabisulphite has been used as an antibacterial agent in several pharmaceutical formulations. It is extensively used as a general food preserver and food additive. Sodium metabisulphite can also be used to disinfect surgical and other sites where it is needed. It is very effective against the growth of microorganisms resistant to commonly used disinfectants. It has been found that the use of sodium metabisulphite in combination with normal bio purification methods is very efficient in removing microorganisms resistant to sulfate-based bio purification processes. 

 

High demand for sodium metabisulphite from the cosmetic and personal care industry where it is used as a preservative and antioxidants is fueling the growth of the sodium metabisulphite market. The increasing number of working women coupled with the improving standard of living of the consumers is again driving the growth of the market. Moreover, increasing consumption of beer and wine as it is also used in the manufacturing of wine and beer is further anticipated to augment the growth of the sodium metabisulphite market. It sterilizes alcoholic beverages and acts as an antioxidant in the manufacturing process of beer brewing and wine fermentation. According to Alcohol.org, in 2017 in the United States alone, an estimated 65 billion 12 oz. beers were consumed, along with over 4 billion bottles of wine.

Moreover, the product is also used across other end-user industries such as chemical & pharma, leather industry, textile industry, pulp & paper, and photographic & film

The Asia Pacific is projected to gain significant growth over the forecast period and this is attributed to the increasing demand for sodium metabisulphite from the textile industry. The expansion of the textile industry is contributing to the regional growth of the sodium metabisulphite market. According to the India Brand Equity Foundation, India’s textiles industry contributed 13% of the industrial production in FY20. It contributed 2.3% to the GDP of India and employed more than 45 million people in FY20. The sector contributed 12% to India’s export earnings in FY20. Also, high demand for the product from the footwear industry in the region is further projected to foster the growth of the sodium metabisulphite market

Key Players:

1. BASF SE

2. The Dow Chemical Company

3. Solvay

4. Aditya Birla Chemicals

5. Shandong Kailong Chemical Technology Development Co., Ltd.