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Sodium metabisulfite market to derive commendable proceeds via pulp and paper sector over 2019-2025, Asia Pacific to stand tall as the most lucrative terrain for industry expansion

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Endowed with an extensive end-user spectrum including food & beverages, pulp & paper, leather, and textile, sodium metabisulfite market is fast emerging as one of the most promising investment avenue in the recent years. The approval by government and regulatory authorities such as European Union and U.S. Food and Drug Administration (FDA) has further strengthened the legality of sodium metabisulfite and has helped the product manufacturers in reaching out to new business verticals.

U.S. Sodium Metabisulfite Market Size, By End-user, 2014 – 2025 (USD Million)
U.S. Sodium Metabisulfite Market Size, By End-user, 2014 – 2025 (USD Million)

The global pulp and paper sector | The foremost end-user segment of the sodium metabisulfite industry

With the rise in digital media and increased usage of Internet, the worldwide pulp and paper sector has been focusing on reshaping manufacturing strategies and new business models to fulfill the changing demand patterns. Personalized packaging and cardboard products have now emerged as the most lucrative commodities of the overall pulp and paper sector owing to the overwhelming demand from the burgeoning e-commerce industry. Moreover, high levels of production uniformity and the automation of manual processes has transformed the economic landscape of the pulp and paper sector as lower energy and cost-efficient production has largely become attainable.

Apparently, it would be prudent to mention that it is this sector which is slated to apportion about 45 percent remuneration share of the global sodium metabisulfite market in the year 2025. A host of impressive characteristics such as easy accessibility, cost-effective, and high-level of safety has led the major pulp and paper industry players to increase the uptake of sodium metabisulfite as a raw material in the last few years.

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The prominence of APAC in the sodium metabisulfite industry

With the presence of a large number of suppliers and manufacturers of the chemical, the sodium metabisulfite market has gained tremendous momentum in the APAC region. The swift expansion of numerous end-user sectors such as leather and textile industries in across the region has been a pivotal factor in propelling the product demand as it is utilized as an auxiliary in bleaching and decalcification processes.

Elaborating further on the impact of the leather industry on the sodium metabisulfite market share, the overall leather industry in India has transformed itself from a mere raw material provider to a major product exporter, with total good exports standing at USD 3.05 billion during April to October 2018. Needless to mention, these numbers are a testament to the fact that developing countries like India, South Korea, Thailand, and China would emerge as the prominent import destinations of sodium metabisulfite in the upcoming timeframe. In fact, as per a research study published by Global Market Insights, Inc., the APAC region is slated to apportion more than 45 percent of the total revenue share of the sodium metabisulfite market in the year 2025.

Although the growth prospects of sodium metabisulfite industry appear highly-promising, it would be quite imperative to take note of crucial challenges that may hinder the rapid product penetration across various geographies in the upcoming times. The first set of challenges are various health issues directly associated with sodium metabisulfite which can cause grave health hazards such as dysfunctional gastrointestinal system, skin allergic reactions, and other chronic ailments.

Apart from these diseases, the increasing availability of alternative products along the likes of L-cysteine, citric acid, benzoic acid, sorbic acid, and sodium bisulfite as a preservative is bound to adversely impact the commercialization potential of sodium metabisulfite industry in the years to come. However, the growing number of industry players (especially startups), technological advancements, expansion of different end-user sectors, easy accessibility to premium raw material, and economic growth being witnessed across APAC region is certain to fuel the growth prospects of sodium metabisulfite market, which is slated to exceed USD 496 million by 2025.

Author NameSaif Ali Bepari

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Dipentene market to garner commendable profits from the personal care and F&B industries, APAC to emerge as a lucrative investment ground

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With the increased popularity of the attractive fragrance of citrus fruits, especially oranges in personal care products, dipentene market has registered considerable expansion lately. Dipentene or limonene is the colorless liquid hydrocarbon that adds the distinct citric flavor and fragrance in many processed foods, beverages and cosmetic formulations of hygiene and personal care products. Owing to the versatile characteristics of limonene, dipentene market is expected to cater to a widespread range of applications – indeed, the product even finds deployment as an alternative to mainstream pesticides.

U.S. Dipentene Market Size, By End-user, 2013 – 2024 (USD Million)
U.S. Dipentene Market Size, By End-user, 2013 - 2024 (USD Million)

Limonene market has also been expanding rapidly on the grounds of the fact that the product is an alternate solvent to replace petroleum-based ones in several industrial applications such as paints and coatings where VOC emission and low biodegradability of solvents has become a major cause of concern for the wellbeing of the planet.

Global cosmetics and personal care industry statistics clearly point out that the said industry has been earning record revenue as beauty and self-care to preserve a youthful appearance is becoming one of the chief concerns for consumers all over the world. International beauty product companies that offer superior quality products as compared to local products have gained a commendable portion of the cosmetics and personal care industry in emerging nations as income levels of such nations continue to rise. Since limonene is expansively used in beauty products to add a freshening citrus odor, dipentene market is expected to garner major profits in Asia Pacific where the cosmetic market size is projected to surpass USD 126 billion by 2020 and where multinational companies are rapidly establishing a significant foothold. In fact, Asia Pacific has been forecast to be the fastest growing region in the limonene market over 2018-2024.

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It will be prudent to mention here that dipentene, due to its colorless constitution and fresh, natural fragrance is used in various health care and cosmetic products like suntan products, bath products, cleansers, aftershave lotions, bubble baths, eye shadows, haircare products, lipsticks, perfumes, moisturizers and shampoos.

Rising levels of income is playing a subtler role in the growth of the limonene market as with more disposable income, consumers are opting for more effective ingredients in their products rather than cheaper ones. Manufacturers are therefore touting their products for greater efficiency rather than competitively pricing them which is adding to the enhanced inflow of revenue into the dipentene market. Diversification of distribution channels for cosmetic brands such as online shopping, vending machines, television infomercials, spas and home shopping are adding impetus to cosmetics market and consequently boosting growth of limonene industry.

Dipentene market will diversify its growth avenues beyond the cosmetic industry as research has found that chemicals obtained from orange peel could be utilized as a means of breaking the modern world’s reliance on crude oil by being the building blocks in products ranging from plastics to paracetamol. Due to various adverse environmental effects, global industries had been trying to cut down on their dependence on the chemicals and materials that are obtained from fossil fuels, which are rapidly diminishing. As the world is increasing its focus on the development of renewable chemicals from an assortment of sustainable resources such as sugarcane and fatty acids in the production of biofuels, essential oils obtained from waste citrus peels have rapidly come to the forefront as a source that is being investigated with real zest as limonene shares many similarities with the chemicals obtained from fossil fuels.

Though limonene has been recognized as an important component of a bio-based chemical industry it will take the limonene industry considerable time to become a fully commercial means of plastics or polymer production. Issues hindering limonene market include the lack of reliable and greener supply of limonene. As research and development programs exert appreciable focus in bringing petroleum alternatives to the market, it is expected that dipentene industry will massively profit from such endeavors.

Author NameParoma Bhattacharya