Product ID: SQMIG15E2422
Global Sodium Sulfide Market Size, Share, Growth Analysis, By Type(Solid Sodium Sulfide and Liquid Sodium Sulfide), By Application(Pulp and Paper, Textile) - Industry Forecast 2024-2031
Report ID:
SQMIG15E2422 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
64 |
Figures:
75
Global Sodium Sulfide Market Insights
Sodium Sulfide Market size was valued at USD 10.1 billion in 2021 and is poised to grow from USD 10.65 billion in 2022 to USD 16.21 billion by 2030, growing at a CAGR of 5.4% in the forecast period (2023-2030).
The global sodium sulfide market has been witnessing growth driven by various factors such as increasing industrial applications, particularly in the leather industry, paper manufacturing, and chemical processing sectors. The demand for leather products, including footwear, garments, and accessories, continues to rise, particularly in emerging economies. Sodium sulfide is a crucial ingredient in the leather tanning process, as it helps remove hair and other impurities from animal hides, resulting in high-quality leather products. As the global fashion industry experiences steady growth, the demand for leather goods is expected to rise, further boosting the demand for sodium sulfide. With the growing global emphasis on sustainable packaging and eco-friendly materials, the demand for paper and paper-based products is anticipated to increase, thereby positively impacting the sodium sulfide market.
US Sodium Sulfide Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Sodium Sulfide Market Report Snapshots
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