Industrial, Manufacturing & Heavy Industry Market News

Study shows how the sodium metabisulfite market will become a breeding ground for investors

Study shows how the sodium metabisulfite market will become a breeding ground for investors

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%.

- Advertising -

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.

- Advertising -

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.

Access this Report @ www.researchbeam.com/research-on-s…/purchase-enquiry

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.

Get the sample PDF Brochure of market study @ www.researchbeam.com/research-on-s…et/request-sample

News From

Research Beam - precise market researchResearch Beam
Category: Market Research Publishers and RetailersCompany profile: We have a large database of quality and precise market research reports that will be very beneficial for your organization. Reports that we sell our authentic in nature and from reputed publishers, hence it can definitely help you with your growth opportunities. In order to survive the fierce competition and locate different avenues, one must be privy to high end and quality market information. So, we try and provide you with latest market information by getting high market research reports fro ...