Global Sodium Sulfide Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Sodium Sulfide industry revenue is expected to be around $1.8 billion in 2025 and expected to showcase growth with 6.9% CAGR between 2025 and 2034. The rising need for sodium sulfide can be attributed to its vital role in a range of industrial sectors. Its extensive application in the paper and pulp industry as a cooking agent for pulp in leather processing for removing hair from animal hides and the increasing relevance in water treatment facilities for eliminating metals have significantly contributed towards its prominent position in the market. Other key factors driving its demand include its role, in manufacturing detergents the photography sector mineral flotation processes and the textile industry. The broad usefulness of sodium sulfide has led it on a path of increasing demand establishing itself as a material that remains pertinent in today's market landscape.
In its state SODIUM SULPHIDE often presents itself in a vivid yellow solid form and is widely recognized for its crucial involvement in metallurgy tasks while also being valued for its nucleophilic properties, in organic synthesis processes.
Market Key Insights
- The Sodium Sulfide market is projected to grow from $1.7 billion in 2024 to $3.3 billion in 2034. This represents a CAGR of 6.9%, reflecting rising demand across Paper and Pulp Industry, Chemical Industry and Leather Tanning.
- Solvay S.A., Tessenderlo Group, ISSC are among the leading players in this market, shaping its competitive landscape.
- China and U.S. are the top markets within the Sodium Sulfide market and are expected to observe the growth CAGR of 4.5% to 6.6% between 2024 and 2030.
- Emerging markets including Indonesia, Poland and Colombia are expected to observe highest growth with CAGR ranging between 7.9% to 9.5%.
- Transition like Enhancing Leather Production has greater influence in China and United States market's value chain; and is expected to add $99 million of additional value to Sodium Sulfide industry revenue by 2030.
- The Sodium Sulfide market is set to add $1.6 billion between 2024 and 2034, with manufacturer targeting Tanning & Textile Application projected to gain a larger market share.
- With Growth in leather industry, and Expansion of pulp & paper industry, Sodium Sulfide market to expand 95% between 2024 and 2034.