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The companies functioning in sodium thiosulphate market are INEOS Group AG, Merck KGaA, Seidler Chemical Co, Inc, Wintersun Chemical – PowerPoint PPT presentation

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Title: seorahul (1)


1
Sodium Thiosulphate Market share research by
applications and regions for 2019-2025 Global
Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2
Overview of Sodium Thiosulphate Market
  • Asia Pacific held significant share in the
    overall sodium thiosulphate market in 2018.
    Economies such as Thailand, India, South Korea,
    Vietnam and China are heavily investing in
    medical services. According to the U.S. global
    investors, China is largest gold producing
    country, followed by Australia. These trends will
    in turn make a notable impact on the overall
    market size by 2025.
  • Sodium Thiosulphate Market size will experience
    considerable growth in the forecast timeframe
    owing to rising product demand from medical
    industry. sodium thiosulphate is chiefly used in
    treatment of cisplatin toxicity and as an
    antidote in cyanide poisoning treatment. It is
    also used as adjunct agent for patients taking
    cisplatin chemotherapy. Other than that, it is
    also used as an ingredient in production of
    various nontoxic agricultural pesticides, food
    preservatives, process regulators, laboratory
    chemicals, solids separation agents, processing
    aids, and oxidizing/reducing agents.

3
Continue
  • The medical industry will chiefly drive the
    global demand for sodium thiosulphate market size
    in the coming years. The medical industry is
    likely to grow significantly in North America and
    Asia Pacific, over the forecast timeframe.
    According to the U.S. Centers for Medicare
    Medicaid Services, the U.S. health care spending
    increased 3.9 from 2016 to reach 3.5 trillion
    in 2017. Asia Pacific is also becoming an
    attractive medical tourism destination owing to
    its low cost treatment as compared to the U.S.
    and Europe. Therefore, countries including
    Malaysia, Singapore, India, Thailand, and South
    Korea actively endorse their services to global
    patients. These developments will propel the
    overall sodium thiosulphate market size in the
    coming years.
  • Sodium thiosulphate is described as an organic
    compound which is available in various forms such
    as pentahydrate, aqueous solution, anhydrous
    reagent, and more. Pentahydrate is the most
    commonly available form of the product. In solid
    form, it is efflorescent, that, it loses water
    readily. It is a nontoxic chemical with broad
    application range. However, rising ammonium
    thiosulfate production volume may function as a
    hindrance to the overall sodium thiosulphate
    market growth in the forthcoming years. This is
    due to the former chemicals use in gold mining
    and as photographic fixer. Both ammonium
    thiosulfate and sodium thiosulphate are used for
    same applications and ammonium thiosulfate is
    known to react quicker than sodium thiosulphate,
    thus, producing better results. Nevertheless,
    ongoing medical research suggest that sodium
    thiosulphate can play key role in medications
    related to Alzheimers and Parkinsons diseases
    in the near future.

4

Browse Full Research Report On Sodium
Thiosulphate Market _at_ https//bit.ly/2m6Qgsx
Request for an in-depth table of contents
for this report _at_ https//bit.ly/2kW3LLA
com/request-toc/upcoming/1797
5
Continue
  • On the basis of various grades, sodium
    thiosulphate market size is segmented into
    medical grade, industrial grade, food grade,
    agricultural grade, and others. The medical grade
    segment is likely to witness promising gains due
    to its rising applications in treatment of
    mercury, arsenic, bismuth, and lead poisoning.
    Nowadays, it is used to protect against cisplatin
    toxicity, treat cyanide poisoning and other rare
    medical conditions. In cancer treatments,
    cisplatin is a chemotherapy a drug administered
    to treat number of cancers, such as testicular
    cancer, brain tumors, cervical cancer, ovarian
    cancer, breast cancer, head and neck cancer,
    esophageal cancer, bladder cancer and lung
    cancer.
  • The end user segment of the overall sodium
    thiosulphate market size includes medical,
    agriculture, gold mining, paper and photo
    industry, water treatment, others. sodium
    thiosulphate is a crystalline substance which
    easily dissolves in water. Also, the industrial
    grade of sodium thiosulphate is used in the
    development of silver-based photographic film and
    prints. In gold mining, the product is an
    alternate lixiviant to cyanide for extraction of
    gold. It is strongly soluble in gold ions, making
    gold mining an important end user industry.

6
Continue
  • Sodium thiosulphate is known to be an
    anti-calcification agent with antioxidant
    properties which is successfully utilized in
    water treatment and food preservative industry.
    The product is also widely used in water
    treatment industry to process settled backwash
    water before releasing in the river. The
    increasing demand for water treatment chemicals
    from Asia Pacific countries, especially, China
    will drive the overall sodium thiosulphate market
    size in the forecast timeframe.
  • The companies functioning in sodium thiosulphate
    market are INEOS Group AG, Merck KGaA, Seidler
    Chemical Co, Inc, Wintersun Chemical,
    Hubbard-Hall, NISSEI CORPORATION, Sankyo Kasei,
    Liyang Qingfeng Fine chemical Co.,Ltd., Skyline
    Chemical Corporation, Veckridge Chemical, Cater
    Chemicals Corporation and Allan Chemical
    Corporation.

7
Methodology
  • Market
    research reports Key analytical components

8
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