Rising Demand for Paper and Textile Products Fuels Global Sodium Hydrosulfite Market
Of late, the global market for sodium hydrosulfite has been experiencing a tremendous rise in demand. On account of its bleaching properties and its application as reducing agent in dyes, the chemical has a widespread demand from the textile, pulp and paper, cosmetics, and several other industries. Global Sodium Hydrosulfite Market Report: http://www.mrrse.com/sodium-hydrosulfite-market The robust growth of the textile industry has fueled the demand for sodium hydrosulfite extensively. In 2014, the global sodium hydrosulfite market was valued at US$1 bn, states a research report published by Transparency Market Research (TMR), a market intelligence and research firm. Analysts at TMR further estimate the market to expand at a CAGR of 3.80% over the period from 2015 to 2023 and reach US$1.4 bn by the end of 2023. The rise in the demand for paper products from the emerging economies in Asia Pacific has also triggered the global market for sodium hydrosul...