July 01, 2024 11:06 ET | Source: Precedence Research Precedence Research
Ottawa, July 01, 2024 (GLOBE NEWSWIRE) -- The global sodium sulfide market size is predicted to increase from USD 11.2 billion in 2023 to approximately USD 19.31 billion by 2033, According to Precedence Research. The market is poised to grow at a notable compound annual growth rate of 5.60% during the forecast period. Sodium Sulphide
The sodium sulfide market encompasses the production, distribution, and consumption of sodium sulfide, a chemical compound with the formula Na2S. Sodium sulfide is a versatile chemical utilized in a variety of sectors, including pulp and paper, the treatment of water, chemical photography, textiles, the leather trade, chemical manufacture, rubber chemicals, sulfur colors, ore flotation, oil recovery, dye synthesis, and detergent manufacturing. Its primary applications include the kraft process, treatment of water, chemical photography, fabrics, and leather processing.
It is also used in chemical manufacture for polymer chemicals, sulfur dyes, sulfonation and sulfomethylation, ore flotation, oil recovery, dye manufacturing, and detergent manufacturing. Sodium sulfide, also known as Na2S or Na2S·9H2O, is available in crystalline, flake, and fused forms. It is water soluble and creates highly alkaline solutions. When exposed to humid air, Na2S and its hydrates produce hydrogen sulfide, a poisonous, combustible, and corrosive gas that smells like rotten eggs.
The Full Study is Readily Available | Download the Sample Pages of this Report@ https://www.precedenceresearch.com/sample/3204
Sodium Sulfide Market Key Insights
Asia Pacific Sodium Sulfide Market Size and Forecast
The Asia Pacific sodium sulfide market size accounted for USD 3.9 billion in 2024 and is expected to be worth around USD 6.46 billion by 2033, registering a CAGR of 5.74% from 2024 to 2033.
Asia-Pacific dominated the sodium sulfide market in 2023. The Asia-Pacific region's market is expanding due to urbanization, industrialization, and population expansion. Key consumers in the leather, textile, and chemical sectors include India, China, and Japan.
North America is expected to grow at the fastest rate during the forecast period. The expanding oil and gas industry, notably in the United States, is likely to drive market expansion for sodium sulfide due to increased oil output. The United States Energy Information Administration reported an increase in oil output, indicating a potential boost to sodium sulfide market growth. The chemical sector is also likely to expand, with alkali chemicals accounting for a large portion of total production. This expansion in the chemical industry is projected to accelerate the market growth.
You can place an order or ask any questions, please feel free to contact at sales@precedenceresearch.com | +1 650 460 3308
Sodium Sulfide Market Report Highlights
The crystal sodium sulfide segment dominated the market in 2023. Sodium sulfide, a colorless solid crystal with yellow to brick red technical grades due to polysulfides, is utilized in rubber chemicals, oil recovery, ore flotation, dye manufacture, sulfur dyes, and detergent manufacturing. It is also employed in leather processing as an unhairing agent during the liming process, and it is often available in crystalline mass, flake form, or fused solid.
The low ferric sodium sulfide segment is anticipated to witness rapid growth at a significant level during the projected period. Low ferric sodium sulfide is a yellowish, crystalline material used in the mining sector to process ores and metals. Its low iron concentration makes it ideal for situations where iron contamination is undesired. Its distinct qualities make it useful in a variety of industries, including dyes, medicine, leather and rubber manufacture, paper and clothing, treatment of wastewater, mineral extraction, and chemical manufacturing. It is used in the dye industry as a reducing agent and sulfur donor, resulting in brilliant hues. It is utilized in medicine to synthesize pharmaceuticals and conduct chemical processes. In the paper and textile industries, it is used as a bleaching and desulfurizing agent.
Customize this study as per your requirement@ https://www.precedenceresearch.com/customization/3204
The textile segment dominated the sodium sulfide market in 2023. Sodium sulfide is an important reducing ingredient in textile dyeing processes, especially in the reduction of vat colors, sulfur dyeing, and indigo dyeing. It aids in the fixation of sulfur dyes to the textile substrate, making it easier to apply designs to textiles. Indigo dye synthesis is also aided by sodium sulfide, which reduces indigo to a water-soluble form that is then utilized in textile dyeing. Sodium sulfide can also be used to help dissolve colors and chemicals in textile printing pastes.
The water treatment segment is anticipated to witness rapid growth during the projected period. Sodium sulfide is an important oxygen scavenger in water treatment, eliminating dissolved oxygen from the water to prevent corrosion and other adverse reactions. It is used to cleanse and treat water for industrial and municipal usage, including removing pollutants, neutralizing pH, and eliminating toxins such as heavy metals. The water treatment market is expanding due to increasing environmental issues and regulatory restrictions. The efficacy of sodium sulfide in precipitating and eliminating contaminants from water makes it a vital element in water treatment systems, which drives demand in this market.
Increase in pulp and paper market
The pulp and paper market is expanding rapidly due to technical improvements, shifting customer tastes, and competitive dynamics. This expansion is due to the industry's adaptation to digitalization, sustainability initiatives, and geopolitical shifts. The market may grow into new segments, geographies, or product categories to capitalize on rising opportunities and diversify its offers. Technological improvements improve products, services, and processes while shifting customer tastes, such as demand for sustainable products or digital solutions, have a huge impact on industrial dynamics.
Regulations and rules influence industry practices and tactics, but market competition, including new entrants and strategic partnerships, encourages innovation and distinction. Global economic conditions have a significant impact on market demand and industrial performance. This significant growth in the pulp and paper industry subsequently acts as a driving factor for the growth of the sodium sulfide market.
Hazardous property of sodium sulfide
This chemical decomposes when burned or in contact with acids or water, emitting poisonous and corrosive fumes and increasing fire dangers. It interacts aggressively with acids and oxidants in water, resulting in a strong base. Exposure can occur by skin contact, inhalation, or ingestion. Short-term exposure can corrode the eyes, skin, and respiratory tract while inhaling can result in toxic amounts. Long-term exposure can have serious health consequences.
The development of room temperature Na-S batteries, a new energy storage device with potential uses in grid energy storage and electric vehicles, is a great opportunity for the sodium sulfide market to expand. It discusses recent advances in electrolyte compositions, such as carbonate and glyme-based liquid electrolytes, as well as the function of ionic liquids and other materials in enhancing the electrochemical performance of RT Na-S cells.
Due to its high theoretical specific discharge capacity, metal-sulfur batteries can be a cost-effective alternative to lithium-ion batteries. These batteries use a two-electron-redox technique to provide high discharge capacity with low-cost electrode materials. However, expensive pricing and limited lithium resources prevent their widespread use. Na-S batteries, with their high theoretical specific energy density, offer a promising, low-cost, ecologically acceptable alternative to lithium. The benefits of gel polymer electrolytes and their electrochemical features, such as discharge capacity, OCV, and recyclability, are highlighted.
Segments Covered in the Report
Key Points of Table of Contents
Chapter 2. Research Methodology (Premium Insights)
Chapter 4. Market Variables and Scope
Chapter 5. COVID 19 Impact on Sodium Sulfide Market
Chapter 6. Market Dynamics Analysis and Trends
Chapter 8. Global Sodium Sulfide Market, By Product Type
Chapter 9. Global Sodium Sulfide Market, By Application
Chapter 10. Global Sodium Sulfide Market, Regional Estimates and Trend Forecast
Immediate Delivery Available | Buy This Premium Research Report@ https://www.precedenceresearch.com/checkout/3204
You can place an order or ask any questions, please feel free to contact at sales@precedenceresearch.com | +1 650 460 3308
Unlocking Market Insights through Data Excellence
The "Precedence Statistics" flexible dashboard is a powerful tool that offers real-time news updates, economic and market forecasts, and customizable reports. It can be configured to support a wide range of analysis styles and strategic planning needs. This tool empowers users to stay informed and make data-driven decisions in various scenarios, making it a valuable asset for businesses and professionals looking to stay ahead in today's dynamic and data-driven world.
To Access our Premium Real-Time Data Intelligence Tool, Visit: http://www.precedencestatistics.com
Precedence Research is a worldwide market research and consulting organization. We give an unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defense, among different ventures present globally.
Web: https://www.precedenceresearch.com
anionic polyacrylamide For Latest Update Follow Us: