| Product Code: ETC090524 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The sodium sulfide market in Thailand was estimated at US$ 3 million in 2018 and is set to expand at a CAGR of 5.8% during forecast period on account of rising demand from various end-use industries such as textile, leather, pharmaceuticals, papermaking among others. Growing awareness about hygiene & safety measures followed by stringent government regulations related to industrial effluents disposal will have positive impact on utilization rate of this chemical across production facilities located within country?s borders. Additionally, favorable initiatives taken by government towards encouraging investment inside nation?s chemical industry are likely provide impetus during assessment timeframe.
The Thailand sodium sulfide market is influenced by its applications in the leather industry, as well as in chemicals and textiles. Sodium sulfide is used in leather processing, sulfur dyes, and other chemical processes. The expansion of leather and textile industries, along with its use in various chemical reactions, contributes to the market`s growth. Additionally, the demand for leather goods and textiles supports the sodium sulfide market.
The Thailand sodium sulfide market encounters challenges tied to environmental impact and safety considerations. Sodium sulfide is used in various industries, including textiles and leather. Addressing wastewater treatment and disposal of byproducts are key concerns due to potential environmental harm. Implementing stringent safety measures during production and transportation is essential, given its reactivity.
The Thailand sodium sulfide market faced challenges during the Covid-19 pandemic, as it is used in various sectors including textiles, leather, and chemicals. Reduced industrial activities and supply chain disruptions affected the market`s growth, highlighting its dependence on broader economic conditions.
Sodium sulfide is used in leather and chemical industries. Key players could be Tessenderlo Group, Solvay, and Genesis Energy.
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