DUBLIN--(BUSINESS WIRE)--The "Market Research on Sodium Metabisulfite Industry in China 2018-2023" report has been added to ResearchAndMarkets.com's offering.
The production of sodium metabisulfite increased from approximately 70 tonnes in 2011 to approximately 890 tonnes in 2017, with a CAGR of around 4% between 2011-2017. The market scale accounted for RMB1.9 billion in 2017, rising by 4.5%.
In 2016, Shandong Kailong Chemical Technology Development Co., Ltd. was the largest sodium metabisulfite manufacturer in China, with its output accounting for approximately 18% of China's total.
As for downstream demand, industrial grade sodium metabisulfite is the largest consumption, medical grade sodium metabisulfite is followed, and 40% industrial-grade sodium metabisulfite is used in sodium hydrosulfite.
Raw materials of sodium metabisulfite includes soda ash and sulphur. There are plenty manufacturers of the two materials, contributing to abundant supply for producing sodium metabisulfite.
The Sodium metabisulfite industry is close to other industries within the 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.
Key Topics Covered:
1 Development Environment of Sodium Metabisulfite Industry in China
2 Supply and Demand of Sodium Metabisulfite in China, 2011-2017
3 Import and Export of Sodium Metabisulfite in China, 2013-2017
4 Analysis of Key Enterprises in China's Sodium Metabisulfite Industry
5 Forecast and Investment Strategy of Sodium Metabisulfite Industry in China, 2018-2023
- Guangdong Zhongcheng Chemicals Inc., Ltd.
- Huanggang Rongjin Chemical Co., Ltd.
- Hubei Yihua Group Co., Ltd.
- Hunan Yinqiao Technology Co., Ltd.
- Meizhou Union Chemical Co., Ltd.
- Shandong Kailong Chemical Technology Development Co., Ltd.
- Shanghai Jiading Malu Chemical Co., Ltd.
- Tangshan Huizhong Chemical Industry Co., Ltd.
- Tangshan SanJiang Chemical Co., Ltd.
- Wei Fang Tian Chuang Chemical Co., Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/bd4t4x/china_sodium?w=4