Market Size of Middle-East and Africa Sodium Sulfide Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 1.50 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Middle-East and Africa Sodium Sulfide Market Analysis
The Middle-East and African sodium sulfide market is estimated to witness a moderate growth, at an estimated CAGR of over 1.5%, during the forecast period. The major factor driving the growth of the market studied is the increasing demand from the pulp and paper industry.
- Emission of toxic pollutants is expected to hinder the growth of the market studied.
- By application, the chemical processing accounted for the largest share, with about 40% of the total volume of the market studied.
Middle-East and Africa Sodium Sulfide Industry Segmentation
The Middle-East and African sodium sulfide market report includes:
Grade | |
Technical | |
Purified |
Product Type | |
Low Ferric | |
Anhydrous | |
Other Product Types |
Application | |
Chemical Processing | |
Water Treatment | |
Pulp and Paper | |
Textile | |
Leather | |
Other Applications |
Geography | |
Saudi Arabia | |
South Africa | |
United Arab Emirates | |
Nigeria | |
Morocco | |
Rest of Middle-East and Africa |
Middle-East and Africa Sodium Sulfide Market Size Summary
The Middle-East and Africa sodium sulfide market is poised for moderate growth over the forecast period, driven primarily by increasing demand from the pulp and paper industry. Sodium sulfide, a chemical compound with a strong reducing property, finds extensive application across various sectors, including water treatment, textiles, and chemical manufacturing. Its versatility is further highlighted by its use in producing rubber chemicals, sulfur dyes, and in oil recovery processes. Despite its broad applicability, the market faces challenges due to the emission of toxic pollutants, which could potentially hinder its growth trajectory. The chemical processing sector holds the largest share of the market, underscoring the compound's significance in industrial applications.
The market landscape is characterized by fragmentation, with no single player dominating the scene. Key industry participants include Solvay, DubiChem, and Iran Sodium Sulphide Company, among others. The economic recovery in the region, supported by growth in mining, quarrying, and manufacturing industries, contributes to the positive market outlook. Initiatives such as the establishment of a textile manufacturing firm in Nigeria and partnerships to revitalize the cotton, textile, and garment sector further bolster market prospects. However, challenges such as weak infrastructure and regulatory issues in the mining sector pose constraints. Despite these challenges, the sodium sulfide market is expected to experience growth, driven by its diverse applications and the economic developments in the region.
Middle-East and Africa Sodium Sulfide Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Increasing Demand from the Pulp and Paper Industry
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1.2 Restraints
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1.2.1 Emission of Toxic Pollutants
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1.3 Industry Value Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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1.5 Price Trends
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2. MARKET SEGMENTATION
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2.1 Grade
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2.1.1 Technical
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2.1.2 Purified
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2.2 Product Type
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2.2.1 Low Ferric
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2.2.2 Anhydrous
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2.2.3 Other Product Types
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2.3 Application
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2.3.1 Chemical Processing
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2.3.2 Water Treatment
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2.3.3 Pulp and Paper
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2.3.4 Textile
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2.3.5 Leather
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2.3.6 Other Applications
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2.4 Geography
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2.4.1 Saudi Arabia
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2.4.2 South Africa
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2.4.3 United Arab Emirates
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2.4.4 Nigeria
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2.4.5 Morocco
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2.4.6 Rest of Middle-East and Africa
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Middle-East and Africa Sodium Sulfide Market Size FAQs
What is the current Middle-East and Africa Sodium Sulfide Market size?
The Middle-East and Africa Sodium Sulfide Market is projected to register a CAGR of greater than 1.5% during the forecast period (2024-2029)
Who are the key players in Middle-East and Africa Sodium Sulfide Market?
Dubichem, Solvay and Iran Sodium Sulphide Company are the major companies operating in the Middle-East and Africa Sodium Sulfide Market.