Sodium sulfide is a yellow solid flake with the molecular formula Na2S. This product in pure crystalline form is a colorless solid. Sodium sulfide has different applications in various industries. It is used in the pulp and paper industry, textile industry, manufacture of chemicals, and wastewater treatment.
ArChem provides Sodium sulfide and other raw chemical materials such as MEA, DEG, and TEG for various industrial applications. Additionally, ArChem provides customers with other chemical products including Plasticizers, organic solvents, etc. for further information please contact our technical sales team in ArChem.
Sodium sulfide market
The global Sodium sulfide market size was valued at USD 10 billion in 2021 and is expected to reach USD 16 billion in 2030, growing at a CAGR of 5.4% in the forecast period (2021-2030).
The global Sodium sulfide market is segmented by type (solid Sodium sulfide, liquid Sodium sulfide), application (pulp and paper, water treatment, textile, and others), and by geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa). Asia Pacific dominated the global Sodium sulfide market in 2021 with a share of 35.9%, followed by Europe and North America, respectively.
Sodium sulfide market growth drivers
The global sodium sulfide market has been experiencing steady growth, driven by several key factors including:
Increasing demand in the leather industry
The leather industry is one of the largest consumers of sodium sulfide. The rising demand for leather products, such as footwear and bags, is a significant driver of the sodium sulfide market.
Increasing demand in pulp and paper industry
Sodium sulfide plays a vital role in the pulp and paper industry. It facilitates the production of high-quality paper. The expanding global demand for paper and paperboard products, driven by the packaging industry, is contributing to the growth of the sodium sulfide market.
Expansion of the chemical industry
The chemical industry utilizes sodium sulfide in various synthesis processes, including the production of sulfur dyes, rubber chemicals, and other chemical products. The increasing demand for chemicals across different industries, such as textiles and electronics, is driving the sodium sulfide market.
Increasing demand in water treatment
Sodium sulfide is used in water treatment processes to remove heavy metals and other impurities from wastewater. With growing concerns about water pollution, there is an increasing focus on wastewater treatment. The rising demand for effective water treatment solutions is contributing to market growth.
Sodium sulfide price trend
The price trend of Sodium sulfide is shaped by some factors, including raw material costs, supply and demand, and regulatory influences.
- The production of Sodium sulfide relies on raw materials such as sodium sulfate and carbon. Fluctuations in the prices of these raw materials, driven by factors such as energy costs, directly impact Sodium sulfide pricing.
- The balance between supply and demand plays a crucial role in determining Sodium sulfide prices. An increase in demand from key industries such as leather and chemicals can drive prices up. Conversely, an oversupply or reduced demand can lead to price decreases.
- The production capacity of Sodium sulfide manufacturing facilities affect market supply. Capacity expansions or unexpected shutdowns can impact the availability of Sodium sulfide, influencing its price.
- Environmental regulations and safety standards related to chemical manufacturing can affect production costs and market prices. Compliance with regulations may lead to increased operational costs, which can be lead to higher Sodium sulfide prices.
Overall, a combination of these factors along with market dynamics, influences the pricing of Sodium sulfide in the market. Our experts in ArChem monitor and analyze various aspects of the global Sodium sulfide market. They analyze various segments and provide an analysis of the market performance in the long term. This would be useful for our customers to plan their future investments, understand the cost dynamics, and gain awareness about the behaviour of competitors across the globe.
FAQ
What is the price of Sodium sulfide in the market?
ArChem raw chemical materials can be purchased in a variety of volumes. Depending on your orders, prices are different. For more information about Sodium sulfide price, please contact our technical sales team in ArChem.
What is the Sodium sulfide Market size?
The global Sodium sulfide market size was valued at USD 10 billion in 2021 and is expected to reach USD 16 billion in 2030, growing at a CAGR of 5.4% in the forecast period (2021-2030).
What is Sodium sulfide?
Sodium sulfide is a yellow solid flake with the molecular formula Na2S. This product in pure crystalline form is a colorless solid. Sodium sulfide is used in the pulp and paper industry, textile industry, manufacture of chemicals, and wastewater treatment.
What is the CAS number of Sodium sulfide?
The CAS number of Sodium sulfide is 1313-82-2.
What is the HS code for Sodium sulfide?
The HS code for Sodium sulfide is 283010.