Ammonium Bisulfite, is a white crystalline solid alternative to sulfur dioxide which is practice for the sterilization of equipment. It acts as a reducing agent in chemical manufacturing, it reduces carbonyl and alcohol groups, which function as colorants of the substances. Further, its applications include preservative antioxidants, reductive bleaching agents, and hair waving agents. Due to these applications, it is widely used in leather processing, food and beverage processing, gas purification, water treatment to remove excess chlorine, textiles, and pulp processing industries. Moreover, according to the research, it is found that ammonium bisulfite works as an oxygen scavenger, which is added to enclosed packaging, and ammonium bisulfite helps to eliminate the dissolved oxygen from wastewater, which further helps to maintain product safety and shelf life. Hence those benefits are further boosting the ammonium bisulfite industry to flourish in a positive manner.
Market Segmentation:
By type, the global ammonium bisulfite market is segmented into analysis grade and industrial grade. By application, the market is categorized into oil & gas, water treatment, chemicals, and paper & pulp. By region, the ammonium bisulfite market market is classified into North America, Europe, Asia Pacific, and the RoW.
Market Dynamics and Factors:
The global ammonium bisulfite market is growing to its rapid pace owing to the increasing demand for cosmetics products. The chemicals act as a bleaching agent, due to that it is majorly practiced in cosmetic products. Whereas, bleach helps to whiten the skin and minimize the dark spots caused by sun damage, aging, and hormonal changes. Changing preferences towards skincare products, due to increasing consciousness amongst the people about their skincare coupled with changing lifestyles, and rapidly growing modernization is helping the market to grow positively. Additionally, sodium bisulfite contains preservative antioxidant which helps to kill and inhibit growth bacteria, mold, and yeast. It also prevents the oxidation of oils and fats. Which further helps for the ammonium bisulfite market growth. However, the higher cost associated with the chemicals is anticipated to restrain the growth of the market. Creating awareness of its application could be an opportunity for market growth. The availability of alternatives to different chemicals such as ammonium chloride and ammonium sulfate can be a challenge for the ammonium bisulfite market growth.
Geographic Analysis:
Asia-pacific is dominating the market across the globe by contributing the largest ammonium bisulfite market share, in which China is the largest contributor. The growth in this region is attributed to the availability of chemicals and increasing demand for a cosmetic product. Followed by Asia-pacific, North America is the second-largest contributor for the market across the globe, in which the US and Canada are anticipated to contribute to the growth of the ammonium bisulfite market. Europe is estimated to show significant growth in the upcoming years.
Competitive Scenario:
The key players of the global ammonium bisulfite industry are Vertellus, Shandong Xinmiao, Huaxing, Tianjin Zhentai, GTS, Zhejiang Juhua, and Huayi.
Ammonium Bisulfite Market Report Scope
Report Attribute | Details |
Analysis Period | 2020–2030 |
Base Year | 2021 |
Forecast Period | 2022–2030 |
Market Size Estimation | Million (USD) |
Growth Rate (CAGR%) | XXX |
| By Type (Analysis Grade and Industrial Grade), By Application (Oil & Gas, Water Treatment, Chemicals, and Paper & Pulp) |
Geographical Segmentation | North America (U.S., Canada, Mexico) Europe (UK, Germany, Italy, France, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), South America (Brazil, Argentina, Rest of SA), MEA (UAE, Saudi Arabia, South Africa) |
Key Companies Profiled | Vertellus, Shandong Xinmiao, Huaxing, Tianjin Zhentai, GTS, Zhejiang Juhua, and Huayi. |