The new report by Expert Market Research titled, ‘Global Calcium Sulphite Market Size, Share, Price, Trends, Growth, Report and Forecast 2022-2027’, gives an in-depth analysis of the global calcium sulphite market, assessing the market based on its segments like grades, functionalities, end uses, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2017-2027)
• Forecast CAGR (2022-2027): 6% (Global Food Additives Market)
The growing demand for calcium sulphite in various industries such as food and beverages, water treatment, and pharmaceuticals, among others, is boosting the growth of the calcium sulphite industry. Due to its high reducing capabilities, calcium sulphite is utilised as an antioxidant in food, wine, and cider preservatives, hence driving the market growth. The market for calcium sulphite is also benefiting from the rising demand for ready-to-eat food due to the increasing disposable incomes and hectic schedules. Calcium sulphite is becoming more readily available in the market owing to its bulk production, which is estimated to aid the industry expansion. In the future years, increasing FDI investments in the building and construction industry are expected to provide lucrative growth possibilities for the market.
Industry Definition and Major Segments
Calcium sulphite refers to a chemical compound that is typically obtained as a by-product from the combustion of coal and flue gas. It is a calcium salt of sulphurous acid that exists in hemihydrate and tetrahydrate crystalline forms. During exposure to water or air, it converts to gypsum. Calcium sulphite finds its applications in various industries such as food and beverage and water treatment, among others.
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Based on grade, the market can be segmented into:
• Industrial Grade
• Food Grade
• Others
The major functionalities of calcium sulphite are:
• Reducing Agent
• Preservative
• Bulking Agent
• Bleaching Agent
• Others
By end use, the market is divided into:
• Food and Beverages
• Water Treatment
• Paper and Pulp
• Pharmaceuticals
• Building and Construction
• Others
The major regional markets of calcium sulphite are:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Market Trends
Due to its excellent reducing characteristics, developments in the pharmaceutical industry and the formulation of novel medications are expected to fuel demand for calcium sulphite, which is projected to augment the growth of the market. Calcium sulphite’s strong antioxidant properties are prompting an increase in its import activities in the markets of the Middle East and Africa and Latin America, which is expected to bolster the market growth. The favourable properties of calcium sulphite, such as regulated microbial development and protection against browning and spoilage, among others, are projected to invigorate the market in the forecast period.
Key Market Players
The major players in the market are Yoshino Gypsum Co., Ltd., Zibo Onlyzone Water Treatment Technology Co., Ltd, Tateho Chemical Industries Co., Ltd., Haihang Industry Co. Ltd., and MP Biomedicals, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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