Sodium Sulfide Market to hit $665mn by 2024 Sodium Sulfide Market
Sodium Sulfide Market to grow at 6.8% CAGR up to
2024: Global Market Insights Inc.
Sodium Sulfide Market to surpass USD 665 million by 2024; driven by Rising usage
of wastewater in Middle East. Increasing disposable income in India, China, Mexico,
UAE and South Korea has led to a rise in preference for designer leather goods such
as footwear, accessories and bags. Sodium sulfide is vital for dehairing process in
tanneries where an alkaline mixture ensures the chemical dissolution of hair. Several
European countries such as Italy, Spain, France and Germany account for about
25% of global leather production pertaining to the predominance of small-sized
tanneries with high adaptability, access to premium raw materials and technological
leadership which may further stimulate sodium sulfide market growth.
Global crystal sodium sulfide market size may exhibit growth of about 6.5% till 2024.
The product finds extensive use as an assistant in sulfide dyeing, chemical fiber
devulcanization, and as an ingredient for manufacturing organic chemicals. The
product is also used in rubber, engineering plastics, pharmaceuticals, chemical
cleansers, and food additive manufacturing which may accelerate Na2S market
growth.
Sodium Sulfide Market
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