Sodium sulfide in pure crystalline form is a colorless solid. It is soluble in water, slightly soluble in alcohol, and insoluble in ether. Sodium sulfide is used in the pulp and paper industry, manufacture of other chemicals, and wastewater treatment.
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). China is the major consumer of Sodium sulfide in processes like dyeing and ore processing.
Sodium sulfide specifications
Sodium sulfide is a yellow solid flake with the molecular formula Na2S. It creates a strong alkaline solution when dissolved in water and can cause chemical burns. Sodium sulfide is a toxic and corrosive substance that causes severe skin burns and mucous membrane.
Sodium sulfide specifications | |
CAS No. | 1313-82-2 |
HS Code | 283010 |
Packaging | Bag |
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). Asia Pacific dominated the global Sodium sulfide market in 2021 with a share of 35.9%, followed by Europe and North America, respectively.
On the basis of application, leather processing segment has accounted the largest market share of 31.4%, followed by ore processing and pulp & paper.
Sodium sulfide market, by type
Based on type, the Sodium sulfide market has been segmented into:
- Solid Sodium sulfide
- Liquid Sodium sulfide
Solid Sodium sulfide holds a substantial share in the overall market and is widely utilized in various industries. On the other hand, the fastest-growing type in the global sodium sulfide market is liquid sodium sulfide. The demand for liquid sodium sulfide is experiencing rapid growth due to its applications in industries such as chemical manufacturing and water treatment.
Sodium sulfide market, by application
Based on application, the Sodium sulfide market has been segmented into:
- Pulp and paper
- Water treatment
- Textile
- Others
The most dominant segment is pulp and paper industry. Sodium sulfide plays a vital role in the pulp and paper manufacturing process.
The fastest growing application of sodium sulfide is in the water treatment industry. The demand for effective water treatment solutions has increased substantially in recent years. Sodium sulfide is utilized in various water treatment processes, such as heavy metal removal and precipitation of sulfide compounds.
Sodium sulfide market, by region
Based on region, the Sodium sulfide market has been segmented into:
- North America
- Europe
- Asia-Pacific
- Latin America
- The Middle East & Africa
Asia-Pacific dominated the global Sodium sulfide market, owing to its industrial sector which is driving significant demand for Sodium sulfide across various applications. Countries like China, India, and Japan have a considerable presence of leather, textile, and chemical industries, which are major consumers of Sodium sulfide in processes like dyeing and ore processing.
Sodium sulfide market drivers
The leather is expected to serve as the major driving factor for the market growth of sodium sulfide. Growing demand for leather products across countries such as China and India is estimated to lead the market growth of sodium sulfide in the forecast period (2021-2030).
On the basis of the region, the Asia Pacific region dominated the global sodium sulfide market in 2021, followed by Europe and North America, respectively.
Sodium sulfide market opportunities
The rising usage of sodium sulfide in the textile sector is expected to offer growth opportunities to the market over the forecast period. According to data, India’s overall textile exports in recent years stood at the highest volume. Hence, rising products and exports of textiles are projected to foster the market growth of sodium sulfide over the forecast period.
FAQ
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 are Sodium sulfide market drivers?
The leather is expected to serve as the major driving factor for the market growth of sodium sulfide. Growing demand for leather products across countries such as China and India is estimated to lead the market growth of sodium sulfide in the forecast period (2021-2030).
What is the fastest growing region in Sodium sulfide market?
On the basis of the region, the Asia Pacific region dominated the global sodium sulfide market in 2021, followed by Europe and North America, respectively. China is the major consumer of Sodium sulfide in processes like dyeing and ore processing.
What is Sodium sulfide?
Sodium sulfide is a yellow solid flake with a sulfurous smell. It is a sulfide salt, which creates a strong alkaline solution when dissolved in water and can cause chemical burns.