Sodium Thiosulphate Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Sodium Thiosulphate Market covers analysis by Application (Iodometry, Photographic Processing, Medical Applications, Gold Extraction, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Apr 2024

  • Report Code : TIPRE00010445
  • Category : Chemicals and Materials
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

Sodium thiosulphate is known as an inorganic compound with the chemical formula Na2S2O3.xH2O. Basically, it is available as the white or colorless pentahydrate. The solid form is an efflorescent crystalline substance which gets dissolves well in water. Sodium thiosulfate is primarily used in gold mining, analytical chemistry, water treatment, the development of silver-based photographic film & prints, and medicine. The medical uses of sodium thiosulfate include treatment of cyanide poisoning and pityriasis. Sodium thiosulphate is in the list of the World Health Organization's Essential Medicines, as the safest and most effective medicines required in a health system.

MARKET DYNAMICS

The sodium thiosulphate market has witnessed a significant growth owing to factors such as wider application in iodometry, photographic processing, medical applications, gold extraction, and others. Increasing mine production of gold in the Asian countries is likely to boost the demand for sodium thiosulphate. This is further expected to fuel the demand for sodium thiosulphate. It is also used as a photographic fixer for films and also for photographic paper. Significant growth in the photographic processing industry is likely to propel the global market for sodium thiosulphate over the forecast period. However, regulations over the use of such types of chemicals, which can be hazardous when coming into human contact, may hamper the growth of the sodium thiosulphate market. Nevertheless, initiatives and innovations by the major market players may open up new opportunities for this market. For Instance, prominent industry contributors are investing profoundly in R&D initiatives to develop better-quality and cost-effective products with reduced prices and less to zero hazardous impacts.

MARKET SCOPE

The "Global Sodium Thiosulphate Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the sodium thiosulphate market with detailed market segmentation by application and geography. The global sodium thiosulphate market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading sodium thiosulphate market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global sodium thiosulphate market is segmented on the basis of application. The sodium thiosulphate market on the basis of the application is classified into iodometry, photographic processing, medical applications, gold extraction, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global sodium thiosulphate market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The sodium thiosulphate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the sodium thiosulphate market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the sodium thiosulphate market in these regions.

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global sodium thiosulphate market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The sodium thiosulphate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the sodium thiosulphate market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the sodium thiosulphate market in these regions.

MARKET PLAYERS

The reports cover various key developments in the global sodium thiosulphate market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from sodium thiosulphate market are anticipated to lucrative growth opportunities in the future with the rising demand for sodium thiosulphate in the global market. Below mentioned is the list of few companies engaged in the sodium thiosulphate market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the sodium thiosulphate market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.


  •  Allan Chemical Corp.
  •  Calabrian Corporation
  •  Cell Mark USA LLC
  •  D.B. Western Inc.
  •  Dastech International Inc.
  •  Esseco SRL
  •  Galactic SA
  •  Noah Technologies Corporation
  •  Southern Ionics
  •  Wego Chemicals and Mineral Corp.


The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Sodium Thiosulphate Market - By Application
1.3.2 Sodium Thiosulphate Market - By Region
1.3.2.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. SODIUM THIOSULPHATE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS

5. SODIUM THIOSULPHATE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. SODIUM THIOSULPHATE MARKET - GLOBAL MARKET ANALYSIS
6.1. SODIUM THIOSULPHATE - GLOBAL MARKET OVERVIEW
6.2. SODIUM THIOSULPHATE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. SODIUM THIOSULPHATE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
7.1. OVERVIEW
7.2. APPLICATION MARKET FORECASTS AND ANALYSIS
7.3. IODOMETRY
7.3.1. Overview
7.3.2. Iodometry Market Forecast and Analysis
7.4. PHOTOGRAPHIC PROCESSING
7.4.1. Overview
7.4.2. Photographic Processing Market Forecast and Analysis
7.5. MEDICAL APPLICATIONS
7.5.1. Overview
7.5.2. Medical Applications Market Forecast and Analysis
7.6. GOLD EXTRACTION
7.6.1. Overview
7.6.2. Gold Extraction Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis

8. SODIUM THIOSULPHATE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
8.1. NORTH AMERICA
8.1.1 North America Sodium Thiosulphate Market Overview
8.1.2 North America Sodium Thiosulphate Market Forecasts and Analysis
8.1.3 North America Sodium Thiosulphate Market Forecasts and Analysis - By Application
8.1.4 North America Sodium Thiosulphate Market Forecasts and Analysis - By Countries
8.1.4.1 United States Sodium Thiosulphate Market
8.1.4.1.1 United States Sodium Thiosulphate Market by Application
8.1.4.2 Canada Sodium Thiosulphate Market
8.1.4.2.1 Canada Sodium Thiosulphate Market by Application
8.1.4.3 Mexico Sodium Thiosulphate Market
8.1.4.3.1 Mexico Sodium Thiosulphate Market by Application
8.2. EUROPE
8.2.1 Europe Sodium Thiosulphate Market Overview
8.2.2 Europe Sodium Thiosulphate Market Forecasts and Analysis
8.2.3 Europe Sodium Thiosulphate Market Forecasts and Analysis - By Application
8.2.4 Europe Sodium Thiosulphate Market Forecasts and Analysis - By Countries
8.2.4.1 Germany Sodium Thiosulphate Market
8.2.4.1.1 Germany Sodium Thiosulphate Market by Application
8.2.4.2 France Sodium Thiosulphate Market
8.2.4.2.1 France Sodium Thiosulphate Market by Application
8.2.4.3 Italy Sodium Thiosulphate Market
8.2.4.3.1 Italy Sodium Thiosulphate Market by Application
8.2.4.4 United Kingdom Sodium Thiosulphate Market
8.2.4.4.1 United Kingdom Sodium Thiosulphate Market by Application
8.2.4.5 Russia Sodium Thiosulphate Market
8.2.4.5.1 Russia Sodium Thiosulphate Market by Application
8.2.4.6 Rest of Europe Sodium Thiosulphate Market
8.2.4.6.1 Rest of Europe Sodium Thiosulphate Market by Application
8.3. ASIA-PACIFIC
8.3.1 Asia-Pacific Sodium Thiosulphate Market Overview
8.3.2 Asia-Pacific Sodium Thiosulphate Market Forecasts and Analysis
8.3.3 Asia-Pacific Sodium Thiosulphate Market Forecasts and Analysis - By Application
8.3.4 Asia-Pacific Sodium Thiosulphate Market Forecasts and Analysis - By Countries
8.3.4.1 Australia Sodium Thiosulphate Market
8.3.4.1.1 Australia Sodium Thiosulphate Market by Application
8.3.4.2 China Sodium Thiosulphate Market
8.3.4.2.1 China Sodium Thiosulphate Market by Application
8.3.4.3 India Sodium Thiosulphate Market
8.3.4.3.1 India Sodium Thiosulphate Market by Application
8.3.4.4 Japan Sodium Thiosulphate Market
8.3.4.4.1 Japan Sodium Thiosulphate Market by Application
8.3.4.5 South Korea Sodium Thiosulphate Market
8.3.4.5.1 South Korea Sodium Thiosulphate Market by Application
8.3.4.6 Rest of Asia-Pacific Sodium Thiosulphate Market
8.3.4.6.1 Rest of Asia-Pacific Sodium Thiosulphate Market by Application
8.4. MIDDLE EAST AND AFRICA
8.4.1 Middle East and Africa Sodium Thiosulphate Market Overview
8.4.2 Middle East and Africa Sodium Thiosulphate Market Forecasts and Analysis
8.4.3 Middle East and Africa Sodium Thiosulphate Market Forecasts and Analysis - By Application
8.4.4 Middle East and Africa Sodium Thiosulphate Market Forecasts and Analysis - By Countries
8.4.4.1 South Africa Sodium Thiosulphate Market
8.4.4.1.1 South Africa Sodium Thiosulphate Market by Application
8.4.4.2 Saudi Arabia Sodium Thiosulphate Market
8.4.4.2.1 Saudi Arabia Sodium Thiosulphate Market by Application
8.4.4.3 U.A.E Sodium Thiosulphate Market
8.4.4.3.1 U.A.E Sodium Thiosulphate Market by Application
8.4.4.4 Rest of Middle East and Africa Sodium Thiosulphate Market
8.4.4.4.1 Rest of Middle East and Africa Sodium Thiosulphate Market by Application
8.5. SOUTH AND CENTRAL AMERICA
8.5.1 South and Central America Sodium Thiosulphate Market Overview
8.5.2 South and Central America Sodium Thiosulphate Market Forecasts and Analysis
8.5.3 South and Central America Sodium Thiosulphate Market Forecasts and Analysis - By Application
8.5.4 South and Central America Sodium Thiosulphate Market Forecasts and Analysis - By Countries
8.5.4.1 Brazil Sodium Thiosulphate Market
8.5.4.1.1 Brazil Sodium Thiosulphate Market by Application
8.5.4.2 Argentina Sodium Thiosulphate Market
8.5.4.2.1 Argentina Sodium Thiosulphate Market by Application
8.5.4.3 Rest of South and Central America Sodium Thiosulphate Market
8.5.4.3.1 Rest of South and Central America Sodium Thiosulphate Market by Application

9. INDUSTRY LANDSCAPE
9.1. MERGERS AND ACQUISITIONS
9.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
9.3. NEW PRODUCT LAUNCHES
9.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

10. SODIUM THIOSULPHATE MARKET, KEY COMPANY PROFILES
10.1. ALLAN CHEMICAL CORP.
10.1.1. Key Facts
10.1.2. Business Description
10.1.3. Products and Services
10.1.4. Financial Overview
10.1.5. SWOT Analysis
10.1.6. Key Developments
10.2. CALABRIAN CORPORATION
10.2.1. Key Facts
10.2.2. Business Description
10.2.3. Products and Services
10.2.4. Financial Overview
10.2.5. SWOT Analysis
10.2.6. Key Developments
10.3. CELL MARK USA LLC
10.3.1. Key Facts
10.3.2. Business Description
10.3.3. Products and Services
10.3.4. Financial Overview
10.3.5. SWOT Analysis
10.3.6. Key Developments
10.4. D.B. WESTERN INC.
10.4.1. Key Facts
10.4.2. Business Description
10.4.3. Products and Services
10.4.4. Financial Overview
10.4.5. SWOT Analysis
10.4.6. Key Developments
10.5. DASTECH INTERNATIONAL INC.
10.5.1. Key Facts
10.5.2. Business Description
10.5.3. Products and Services
10.5.4. Financial Overview
10.5.5. SWOT Analysis
10.5.6. Key Developments
10.6. ESSECO SRL
10.6.1. Key Facts
10.6.2. Business Description
10.6.3. Products and Services
10.6.4. Financial Overview
10.6.5. SWOT Analysis
10.6.6. Key Developments
10.7. GALACTIC SA
10.7.1. Key Facts
10.7.2. Business Description
10.7.3. Products and Services
10.7.4. Financial Overview
10.7.5. SWOT Analysis
10.7.6. Key Developments
10.8. NOAH TECHNOLOGIES CORPORATION
10.8.1. Key Facts
10.8.2. Business Description
10.8.3. Products and Services
10.8.4. Financial Overview
10.8.5. SWOT Analysis
10.8.6. Key Developments
10.9. SOUTHERN IONICS
10.9.1. Key Facts
10.9.2. Business Description
10.9.3. Products and Services
10.9.4. Financial Overview
10.9.5. SWOT Analysis
10.9.6. Key Developments
10.10. WEGO CHEMICALS AND MINERAL CORP.
10.10.1. Key Facts
10.10.2. Business Description
10.10.3. Products and Services
10.10.4. Financial Overview
10.10.5. SWOT Analysis
10.10.6. Key Developments

11. APPENDIX
11.1. ABOUT THE INSIGHT PARTNERS
11.2. GLOSSARY OF TERMS
The List of Companies

1. Allan Chemical Corp.
2. Calabrian Corporation
3. Cell Mark USA LLC
4. D.B. Western Inc.
5. Dastech International Inc.
6. Esseco SRL
7. Galactic SA
8. Noah Technologies Corporation
9. Southern Ionics
10. Wego Chemicals and Mineral Corp.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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