Calcium Sulfite Market Size, Share, Trends, Growth and Forecast 2030

Description

According to the report published by Zion Market Research, the global Calcium Sulfite Market size was valued at USD 2,508.99 Million in 2022 and is predicted to reach USD 4,065.83 Million by the end of 2030. The market is expected to grow with a CAGR of 6.22% during the forecast period. The report analyzes the global Calcium Sulfite Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Calcium Sulfite Market industry.

Global Calcium Sulfite Market: Overview

Calcium sulfite is a chemical compound that occurs in twocrystalline forms, namely tetrahydrate and hemihydrate, with theformula CaSO3.4(H2O). It is produced with the help of a flue gasdesulfurization technique. All the forms of calcium sulfite arecrystalline white in color. It is represented as E226 and plays avital role as an intermediate for the manufacturing of gypsum. Itholds superior antioxidant properties, which is ideal forvegetables, packed foods, canned fruits juices, and as a foodpreservative for wine. It is a food reducer utilized in differentalcoholic products as a food additive. Also, it is a major rawmaterial in paper and pulp manufacturing in the sulfate Kraftprocess. It is highly used in medicines and tablet excipients inits hemihydrate form for immobilizing cast.

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Global Calcium Sulfite Market: Growth Factors

The global calcium sulfite market is likely to witness exponential market growth due to the growing adoption of calcium sulfite as an antioxidant in the food and drug sector. Furthermore,the easy bioavailability of calcium sulfite in bulk quantity andits growing demand as food additives is further complementing thegrowth. New drug formulations, along with distinct chemicalproperties of calcium sulfite like alkaline material, toxicant against the pyrite, and a strong reductant which is useful ininhibiting the formation of acid in coal waste, are prime factorsspurring the growth of the global calcium sulfite market during theforecast period. The market is likely to perform well over theforecast period due to the growing demand for ready-to-eat food allaround the globe and the fast-growing food industry.

However, themore variety of calcium sulfite usage in the food sector makes it amore viable option. Not only in food preservation, but it alsohelps in enhancing the firmness of food. It also works as ableaching agent and flavor enhancer in dishes. Furthermore, thefast growth of the pharmaceutical segment that utilizes calciumsulfite as immobilizing cast and tablet excipients is furtherpushing the growth one scale-up. Simultaneously, calcium sulfite ishighly used in inhalers, EPI-pens, and other innovative medicines,which is likely to create several lucrative growth opportunities inthe future.

The growing infrastructure projects globally,particularly in the countries like India, China, and Afghanistan,will further positively impact the growth of the global market.Also, the growing FDI investments in growing economies like theAsia Pacific are also likely to offer impetus for growth opportunities to the global calcium sulfite market over the forecasted period.

Global Calcium Sulfite Market: Segmentation

The global calcium sulfite market can be segmented into functionality, application, end-user, and region.

By functionality, the market can be segmented into bleaching agents, bulking agents, preservatives, reducing agents, andothers.

By application, the market can be segmented into drywall, food additives, wood pulp production, and others.

By end-user, the market can be segmented into pharmaceutical,paper, & pulp sectors, water treatment, food & beverage sector, andothers. The food & beverage sector accounts for the largest sharein the global calcium sulfite market due to the growing demand forpackaged food globally.

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Global Calcium Sulfite Market: Regional Analysis

North America accounts for the largest share in the globalcalcium sulfite market due to the transforming lifestyle, growingconsumer awareness, and innovation in technology. However, the AsiaPacific region is likely to witness significant growth in demandfor calcium sulfite due to the fast proliferating food and beveragesector along with the pulp paper industry. The growing constructionsector in the region with large-scale renovation activities islikely to positively impact the growth of the regional market.

Global Calcium Sulfite Market: Competitive Players

Some of the significant players in the global calcium sulfitemarket are

Qingdao Sunny Energy-Saving Materials Co., Ltd.
Shimmer Chemicals Private Limited
Aditya Birla Chemicals
Pure Tech Inc.
NOAH Technologies Corporation
Barium & Chemicals, Inc.
AmericanElements
GFS Chemicals, Inc.
ICC Industries, Inc.
SurepureChemetals, Inc.
Hydrite Chemical Co.
Espicorp Inc.
All-Chemie, Ltd.

The Global Calcium Sulfite Market is segmented as follows:

By functionality

bleaching agents
bulking agents
preservatives
reducing agents
and others

By Application

drywall
food additives
wood pulp production
and others

By End-user

pharmaceutical
paper, & pulp sectors
water treatment
food & beverage sector
and others

Global Calcium Sulfite Market: Regional Segment Analysis

North America
- The U.S.
- Canada
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa