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Ceric Ammonium Nitrate Market

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Global Ceric Ammonium Nitrate Industry Research Report, Growth Trends and Competitive Analysis 2022-2028

Report Scope 
This latest report researches the industry structure, capacity, production, sales (consumption), revenue, price and gross margin. Major producers' production locations, market shares, industry ranking and profiles are presented. The primary and secondary research is done in order to access up-to-date government regulations, market information and industry...

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Ceric Ammonium Nitrate Market

A white crystalline powder with a pungent sulfur scent, sodium pyrosulfite is frequently employed in various sectors, including the culinary, pharmaceutical, water treatment, and photographic industries. The size of the global market for sodium pyrosulfite was estimated at USD ** million in 2018 and is projected to increase to USD ** million by 2031, rising at a CAGR of **% from 2021 to 2031.

 

The vast range of uses for sodium pyrosulfite in numerous industries can be credited with the market's expansion. First, sodium pyrosulfite is a preservative and antioxidant used in the food industry to stop food from spoiling and discoloring. Second, it is employed in the water treatment sector to disinfect water and filter out contaminants. Third, it is utilized in the pharmaceutical industry as a reducing agent in chemical reactions and as a component of pharmaceuticals.

 

The market for sodium pyrosulfite is not risk-free, nevertheless. One of the main dangers of sodium pyrosulfite is the possibility of skin and respiratory irritation, which poses health concerns to those who handle the chemical. Additionally, as people become more conscious of the damaging impact of chemicals on the environment, there may be more important rules and guidelines for using sodium pyrosulfite.

 

Rising demand from various sectors is anticipated to propel the sodium pyrosulfite market to moderate growth in the upcoming years. However, a market's potential for expansion may be constrained by hazards related to safety issues and the presence of substitutes.

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