Global Sodium Metabisulfite Market Is Anticipated To Witness High Growth Owing To Rising Ease in Storage, Handling, Transportation and Increasing Growth in Online Food Delivery

 

Sodium Metabisulfite Market
Sodium Metabisulfite Market

Overview:      

Sodium Metabisulfite is a common ingredient in many personal care products. It is used as a preservative, bleaching agent and disinfectant. Typical products that contain it include soaps, deodorants, shampoos and skin creams. Sodium metabisulfite is usually white in color and has a faint sulfur odor. It is widely used as a food preservative and as a bleaching agent in the textile and pulp industries. Some people are allergic to sodium metabisulfite. These individuals may experience an asthma-type reaction to the chemical. Symptoms include wheezing, coughing, tingling sensations, shortness of breath, broncho constriction and gastrointestinal disturbances. The main ingredient in hair dyes, bleaches, and other products that contain sulfites, sodium metabisulfite is commonly found in deodorants, lotions, soaps, and cosmetics. People with sulfite allergies should avoid using products that have this ingredient. Sodium Metabisulfite is often mixed with sodium sulfite. This combination is commonly used in the commercial production of wine.

Market Dynamics:

Growing investments is estimated to augment growth of the global sodium metabisulfite market during the forecast period. For instance, Chemical supplier Hydrite has decided to invest $21M in a project at their Waterloo, IA manufacturing facility in March 2022. This new project will be creating 20 new positions, this will increase Waterloo facility’s headcount to 158 workers. Moreover, increasing toxic effects of sodium metabisulfite on human health is anticipated to restrain growth of the global sodium metabisulfite market during the forecast period.

 

Impact of COVID-19:

The pandemic had a negative impact on the economy globally. Several business lines were impacted owing to the pandemic. Strict measures were taken by several governments across the world, in order to prevent the spread of the virus. Manufacturing units were shut down owing to unavailability of raw materials and shortage of labor. The production of non-essential items was halted, this led to decrease in demand of sodium metabisulfite. The growth of the food and beverage industry was also hampered due to the pandemic. Thus, the pandemic hindered growth of the global sodium metabisulfite market.

 

Key Takeaways:

 

The global sodium metabisulfite market is anticipated to witness high growth, exhibiting CAGR of XX% over the forecast period, due to growing expansion by major players. For instance, Aditya Birla Power Composites Limited launched their first Composite Hollow-Core Insulators manufacturing facility in May 2022 at Halol, Gujarat.

Asia Pacific is anticipated to witness significant growth in the global sodium metabisulfite market during the forecast period, due to rising disposable income and rapid industrialization.

Major players operating in the global sodium metabisulfite market are Aditya Birla Chemicals, Tangshan Sanjiang Chemical Co., Ltd., BASF SE, Shandong Kailong Chemical Technology Development Co., Ltd., Qingdao Tianya Chemical Co., Ltd, Meizhou Union Chemical Co., Ltd., Yuanye Chemical Co., Ltd, Grillo-Werke Aktiengesellschaft, Ineos Calabrian Corporation, and Qingdao Tianya Chemical Co., Ltd.

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