The production of sodium metabisulfite increased from approximately 70 tonnes in 2011 to approximately 850 tonnes in 2016, with a CAGR of around 4% in 2011-2016. And the market scale accounted for RMB 1.8 billion in 2016, rising by 4%.
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Based on Research Beam investigation, the production of sodium metabisulfite increased from approximately 70 tonnes in 2011 to approximately 850 tonnes in 2016, with a CAGR of around 4% in 2011-2016. And the market scale accounted for RMB1.8 billion in 2016, rising by 4%.
In 2016, Shandong Kailong Chemical Technology Development Co., Ltd. is the largest sodium metabisulfite manufacturer in China, with its output accounting for approximately 18% of China’s total.
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As for downstream demand, industrial grade sodium metabisulfite is the largest consumption, medical grade sodium metabisulfite is follow by, and 40% industrial-grade sodium metabisulfite is used in sodium hydrosulfite.
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Raw materials of sodium metabisulfite are are soda ash and sulphur. There are plenty manufacturers of the two materials, contributing to abundant supply for producing sodium metabisulfite.
Sodium metabisulfite industry is close to other industries of national economy, which in turn drives the industry forward. Since the demand at the downstream of the industry is increasing, its market prospect is quite wide.
In the next few years, as industries at the downstream develop fast, sales scale of sodium metabisulfite will rise up stably, which is predicted to be close to RMB2.3 billion.
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