Ferric sodium sulphide is a chemical compound with the chemical formula Na2S. It is colorless and water-soluble salts that give alkaline solutions. When exposed to moist air, ferric sodium sulphide and its hydrates emit hydrogen sulfide, emits an odor similar to that of rotten eggs. Technical grades of ferric sodium sulfide are yellow in color owing to the presence of polysulfides. Furthermore, ferric sodium sulphide acts as an oxygen scavenging agent in water treatment, dechlorinating agent in tanneries, and as a textile bleaching agent and sulfonation agent in chemical manufacturing. Ferric sodium sulphide is employed in high-grade paper, medicine, leather, plastic, dyeing, and printing industries. Moreover, it offers various advantages such as high solubility in alcohol and water, which imparts a tendency to absorb atmospheric moisture and form a solution, which increase ferric sodium sulphide market growth. Moreover, growing personal care applications for toenail trimming, in which the product performs a softening role for pain reduction may further increase the ferric sodium sulphide market. However, use of sulfide-rich effluents can cause ill effects such as sewer corrosion, malodors, and toxicity to humans, livestock and agriculture. These factors are likely to restrain the market.

Ferric Sodium Sulphide Market: Segmentation Outlook

The global ferric sodium sulphide market can be segmented based on form, end-user industry, and region. In terms of form, the market can be classified into solid-flakes and liquid form. The liquid ferric sodium sulphide segment is projected to expand at a rapid pace during the forecast period. Liquid ferric sodium sulphide is used in the Kraft process in the paper & pulp industry due to its higher solubility in water as compared to oxides and fluorides. This, in turn, is projected to increase the demand for ferric sodium sulphide in paper and water treatment industries.

Based on end-user industry, the ferric sodium sulphide market can be categorized into pulp & paper, leather, chemical, textile, mining, and others. The leather segment is projected to expand at considerable pace during the forecast period. Liquid ferric sodium sulphide is used in the processing of different types of leathers for dehairing purposes. This improves the softness and quality of the manufactured item. It also ensures the removal of other undesirable material such as non-collagenous proteins, epidermis, and cementing substances from the skin. This is projected to increase the demand for liquid ferric sodium sulphide, which in turn is projected fuel the market.

Rising demand for hygiene products, soft tissue paper, and packaging is expected to increase the demand for paper & pulp. The pulp & paper industry converts wood into paper, cardboard, and other products with the aid of ferric sodium sulphide. Additionally, it is employed in wastewater treatment for the removal of heavy metals ions such as mercury and lead. Ferric sodium sulphide is used in the mining industry to process various types of ores such as chalcopyrite, molybdenite, silver, and chromite. This is estimated to propel the market during forecast period.

Ferric Sodium Sulphide Market: Regional Outlook

In terms of region, the global ferric sodium sulphide market can be divided into Asia Pacific, Europe, Latin America, North America, and Middle East & Africa. Latin America is expected to remain a leading region of the global mining industry during the forecast period. Rising demand for ferrous metals, such as iron and steel, and non-ferrous metals, such as zinc, copper, and lead, has increased ore processing market growth. The ferric sodium suphide protects the surface of the ore from hydrophilic oxidation, thereby promoting ore flotation. This, in turn, is anticipated to drive the market during the forecast period.

The ferric sodium sulfide market in Europe is estimated to expand at a substantial pace. The region has a strong leather processing industry, which produces and exports various types of leather to garment, footwear, and furniture industries. Ferric sodium sulphide softens the tough leather and thus, plays a vital role in processing animal skin, which is expected to boost the market in the region.

Ferric Sodium Sulphide Market: Key Players

Major player operating in the global ferric sodium sulphide market include Solvay, Longfu Group, Nafine Group International Co., Ltd., Sankyo Kasei, Hebei Xinji Chemical Group Co., Ltd., Shaanxi Fuhua Chemical Co., Ltd, and Athiappa Chemicals.and many others.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Ferric Sodium Sulphide Market

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