The sodium metabisulfite industry is in the growth stage and market demand continues to increase.

Sodium metabisulfite is an important sulfite compound, consisting of two thionyl ions and two sodium ions. Its production raw materials include soda ash and sulfur. At this stage, my country’s sodium metabisulfite products are divided into two categories: food grade and industrial grade, which are widely used in many fields of the national economy such as food, concrete additives, printing and dyeing, sewage treatment, and medicine.

From the perspective of market demand, sodium metabisulfite is an inorganic chemical raw material with a wide range of uses. It can be used as a food additive and can also be used in industrial fields such as dyeing, organic synthesis, printing, tanning, pharmaceuticals, mining, and sewage treatment. The overall market demand Showing growth trend. According to the“China Benzoyl Peroxide Industry Market In-depth Research and Development Prospects Report 2023-2028” released by the Industrial Research Center, In the first half of 2023, my country’s demand for sodium metabisulfite was 894,000 tons, a year-on-year increase of 6.8%. It is expected that in the future, with the in-depth application research of sodium metabisulfite in China, the penetration rate of sodium metabisulfite in the downstream market will further increase, and the domestic demand for sodium metabisulfite will also continue to increase.

From the perspective of industry investment status, in recent years, domestic companies have entered the sodium metabisulfite industry one after another. For example, in August 2022, the technical transformation and expansion project (Phase I) of Meizhou Lianxin Chemical Co., Ltd. was put into operation. It is expected to be completed and put into production in October 2023. After the overall production is put into operation, it can produce 200,000 tons of sodium metabisulfite annually; in June 2023, Xinjiang Xinbofa Chemical Co., Ltd.’s production line construction project with an annual output of 20,000 tons of sodium metabisulfite, 20,000 tons of sulfur powder, and 150,000 tons of sodium sulfide was approved. At the same time, some existing companies are making technological improvements. For example, in March 2023, Xuancheng Kai’ang Chemical Co., Ltd.’s annual production of 20,000 tons of magnesium sulfate, 60,000 tons of baking soda, and 60,000 tons of sodium metabisulfite technical improvement project will undergo an environmental impact assessment. Announcement.

From the perspective of competition pattern, the current competitive pattern of my country’s sodium metabisulfite industry has been relatively stable. Shandong Kailong Chemical Technology Development Co., Ltd., Shanghai Jiading Malu Chemical Factory Co., Ltd., Hunan Yinqiao Food Additive Co., Ltd., China Salt Anhui Red Sifang Co., Ltd. , Hubei Guangda Chemical Technology Co., Ltd. and other companies with production capacity scale advantages, technological advantages, and brand advantages occupy relatively high market shares in the domestic market. However, the competitive landscape of my country’s sodium metabisulfite market has not yet been completely stable. In the future, as new companies enter and existing companies adjust their production capacity layout, the competitive landscape of the domestic sodium metabisulfite industry may change.

Industry analysts said that my country’s sodium metabisulfite industry conforms to the characteristics of the growth stage. In the future, as the domestic economy continues to develop and food processing and other industries continue to upgrade, the sodium metabisulfite industry will face better development opportunities, and market demand will maintain a growth trend. Especially as the requirements for food, printing and dyeing, mining and other fields increase, the proportion of product demand in these fields may continue to increase, which will bring new development space to China’s sodium metabisulfite and further drive the growth of product demand. Overall, China’s sodium metabisulfite market has great potential.