Sodium Thiosulfate Market
The market for Sodium Thiosulfate was estimated at $125 million in 2024; it is anticipated to increase to $172 million by 2030, with projections indicating growth to around $223 million by 2035.
Report Summary
Market Data
Methodology
Table of Contents
Global Sodium Thiosulfate Market Outlook
Revenue, 2024
$125M
Forecast, 2034
$212M
CAGR, 2025 - 2034
5.4%
The Sodium Thiosulfate industry revenue is expected to be around $132.1 million in 2025 and expected to showcase growth with 5.4% CAGR between 2025 and 2034.
Sodium Thiosulfates importance lies in its abilities. Acting as an antidote for cyanide poisoning and playing a vital role in gold extraction processes and photography as a reducing agent. Recent developments have highlighted its advantages in the field of healthcare too in detoxification and skin related issues. The growing need reflects its expanding impact firmly establishing Sodium Thiosulfate as a player in worldwide markets due, to its distinct features and diverse uses.
Market Key Insights
- The Sodium Thiosulfate market is projected to grow from $125.3 million in 2024 to $212 million in 2034. This represents a CAGR of 5.4%, reflecting rising demand across Gold Extraction, Photographic Processing and Medical Use.
- Ghanshyam Chemicals, Hawkins Inc., MUBY CHEMICALS are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Sodium Thiosulfate market and are expected to observe the growth CAGR of 3.5% to 5.2% between 2024 and 2030.
- Emerging markets including Vietnam, Indonesia and Brazil are expected to observe highest growth with CAGR ranging between 6.2% to 7.5%.
- Shift towards Eco-Friendly Practices transition is widening cross-selling opportunities across the Sodium Thiosulfate industry ecosystem, helping companies drive stronger adoption of their full product portfolio. This ecosystem pull-through is projected to add $2 million to Sodium Thiosulfate industry product sales in 2025.
- The Sodium Thiosulfate market is set to add $86.7 million between 2024 and 2034, with manufacturer targeting Water Treatment & Textile Processing Applications projected to gain a larger market share.
- With
increasing usage in medical applications, and
boom in the paper & pulp industry, Sodium Thiosulfate market to expand 69% between 2024 and 2034.
Opportunities in the Sodium Thiosulfate
Sodium Thiosulfate is also used in medicine to counteract cyanide poisonings and treat the side effects of cisplatin cancer therapy; however there is research to discover additional medical uses for this compound.
Growth Opportunities in North America and Asia-Pacific
In North America's Sodium Thiosulfate market is flourishing in response to increased needs in the paper and pulp well as water treatment industries The regions strong industrial presence creates a market environment where leading companies prioritize product advancements to maintain their market share Newcomers face limited opportunities due to the dominance of established players There are prospects, in developing eco friendly options and expanding the industrial sector
The Sodium Thiosulfate market in the Asia Pacific region is expected to experience growth owing to the rise in agricultural practices and the thriving textile sector in countries like India and China The market dynamics are influenced by a mix of global companies competing with each other and providing a wide range of product options for consumers to select from Projections indicate possibilities for expanding the usage of this product into innovative applications such, as detoxifying cyanide waste materials
Market Dynamics and Supply Chain
01
Driver: Increasing Usage in Medical Applications, and Rapidly Growing Gold Mining Sector
The widespread application of sodium thiosulfate in the sector is also significant due to its effectiveness as an antidote for cyanide poisoning and its role in treating calciphylaxis in dialysis patients – factors contributing to the growth of the market and illustrating the increasing demand, within the healthcare industry. In the realm of gold mining operations today's Sodium Thiosulfate plays a role in efficiently extracting gold from its ores at a modest cost—a trend that has also bolstered the demand, for Sodium Thiosulfate amid the surging gold mining industry.
The increasing need for Sodium Thiosulfate in the paper and pulp manufacturing sector, for dechlorination following bleaching procedures is also driving the markets growth trends upward.
02
Restraint: Stringent Environmental Regulations
The usage of Sodium Thiosulfate is closely-monitored by environmental guidelines because of concerns about its impact on the environment. With environmental regulatory agencies becoming more vigilant than before businesses might encounter difficulties in complying with these regulations. This could lead to operational expenses, possible legal consequences or restrictions, on manufacturing and usage. Such challenges significantly impede the growth of the Sodium Thiosulfate market.
03
Opportunity: Expanding Horticulture Industry and Advanced Water Treatment Techniques
In agriculture and farming practices today sodium thiosulfate stands out as a popular choice to enrich soil thanks to its nutrient packed qualities and sulfur content. With the rise of farming and sustainable food production on a global scale this compound is predicted to see increased demand, for its ability to boost nutrient rich crop yields potentially leading to higher market value and sales figures.
The main use of Sodium Thiosulfate is to counteract chlorine in water and wastewater treatment applications as regulations on the environment tighten and concerns for water quality increase. The need for water treatment methods is increasing due to these factors which may lead to an increase in the demand, for Sodium Thiosulfate used in such treatments.
04
Challenge: Market Volatility
The worldwide Sodium Thiosulfate market experiences changes in the balance of supply and demand that lead to fluctuations, in the prices of raw materials needed for production and impact the profitability as a whole.
Supply Chain Landscape
1
Raw Material Procurement
SQMCosterfield Operations Pty Ltd
2
Chemical Manufacturing
Thatcher GroupENAGKemira
3
Distribution & Packaging
Yangmei ChemicalWeifang Huabo Chemical Co
4
End User Industry
Water TreatmentMedicalPhotography
1
Raw Material Procurement
SQMCosterfield Operations Pty Ltd
2
Chemical Manufacturing
Thatcher GroupENAGKemira
3
Distribution & Packaging
Yangmei ChemicalWeifang Huabo Chemical Co
4
End User Industry
Water TreatmentMedicalPhotography
Use Cases of Sodium Thiosulfate in Gold Extraction & Photographic Processing
Gold Extraction : In the realm of extraction Sodium Thiosulfate plays a crucial role as a safe and eco friendly substitute for cyanide favored for its reduced harm to the environment and human health by industry giants, like Barrick Gold Corporation.
Photographic Processing : Sodium Thiosulfate plays a role in the photography sector as it is used in fixing baths to dissolve silver salts that remain from the photographic process known as silver halides for longevity of photographs; major companies such, as Fujifilm and Kodak include it in their production processes to enhance photo durability.
Medical Use : In the realm Sodium Thiosulfate is creatively used to help combat cyanide poisoning and calciphylaxis in dialysis patients by utilizing its detoxification capabilities to counteract harmful agents effectively. These tailored treatments are crafted by pharmaceutical companies such, as Sandoz and Mayne Pharma using Sodium Thiosulfate as a key component.
Recent Developments
Lately in the market scenario there has been an increase in the worldwide need for Sodium Thiosulfate due to its widespread application across different industries, like healthcare, manufacturing and agriculture.
December 2024 : Sigma Aldrich made a decision to boost its production of Sodium Thiosulfate to keep up with the rising need, in the agricultural industry.
October 2024 : Merck KGaAmade an announcement, about introducing a highly pure version of Sodium Thiosulfate with the goal of targeting the pharmaceutical market sector.
August 2024 : Fisher Scientific has teamed up with miners to ethically source raw materials for the Sodium Thiosulfate market as part of their dedication, to eco friendly practices.
Impact of Industry Transitions on the Sodium Thiosulfate Market
As a core segment of the Bulk & Commodity Chemicals industry,
the Sodium Thiosulfate market develops in line with broader industry shifts.
Over recent years, transitions such as Shift towards Eco-Friendly Practices and Increased Demand in Health and Beauty Sector have redefined priorities
across the Bulk & Commodity Chemicals sector,
influencing how the Sodium Thiosulfate market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
Shift towards Eco-Friendly Practices
The Sodium Thiosulfate industry has been moving towards manufacturing methods in recent times due to increasing environmental worries and stricter regulations. Businesses are now focusing their investments in technologies and production methods that have a lower environmental footprint and are even aiming to achieve carbon neutrality. This shift not only affects how products are made but also sets a path for adopting more sustainable practices, in the future.
02
Increased Demand in Health and Beauty Sector
One key change in the Sodium Thiosulfate sector is the growing need from the health and beauty sector as it is commonly utilized in skincare items for its antioxidant benefits and plays a role, in the photography field as well.