Sodium Sulfide Market to hit $665mn by 2024 Sodium Sulfide Market | Page 2

In 2017, U.S. sodium sulfide market size from water treatment applications surpassed USD 3.5 million. Enhanced wastewater treatment technologies along with rising population have influenced the country to significantly increase its water reuse targets. The product is moderately soluble in water compared to other insoluble compounds such as oxides or fluorides and precipitates out heavy metal contaminants, which increases the product’s suitability as a reagent in wastewater treatment. Germany sodium sulfide market demand from chemical processing applications may exhibit growth above 5% by 2024. The product has various chemical applications such as conducting sulfomethylation & sulfonization in the rubber industry, and manufacture of sulfur dyes for use in the textile industry. Moreover, it is widely used to manufacture pharmaceutical chemicals, sodium hydrosulfide and sodium thiosulfate for chemical and medical applications which may accelerate market growth. Na2S market size with respect to textile industry applications should surpass USD 50 million till 2024. The product serves as a bleaching agent for de-sulfurizing and as a dechlorinating agent. Moreover, the product offers the ability to reduce negative charges on fibers and ensures even dye penetration which could further increase product demand. U.S. Sodium Sulfide Market Size, By Application, 2017 & 2024, (Kilo Tons) 2 | Page