In 2014, the production of Sodium Metabisulfite in China was 885,000 tons, and in 2020, the production of Sodium Metabisulfite in China increased to 1.795 million tons. Since 2014, the compound growth rate of Sodium Metabisulfite production in China was 10.62%.China’s demand for Sodium Metabisulfite was 795,000 tons in 2014 and increased to 1.645 million tons in 2020.Since 2014, the compound growth rate of Sodium Metabisulfite demand in China has been 10.42%.
Intelligence research consulting released “2020-2026 China Sodium Metabisulfite industry present situation and the market potential investment attraction research report shows, in 2014 China Sodium Metabisulfite market size is 1.398 billion yuan, China Sodium Metabisulfite market scale growth in 2020 to 3.04 billion yuan, since 2014 China Sodium Metabisulfite market scale compound growth rate of 11.76%.
In 2020, the capacity of Sodium Metabisulfite in China is about 1.96 million tons, while the domestic output in the same period is 1.622 million tons. In 2015, the capacity utilization rate of Sodium Metabisulfite industry in China remains between 74% and 83%.
China is the largest producer and consumer of Sodium Metabisulfite, but there is still a gap between China’s Sodium Metabisulfite industry and foreign developed economies in terms of product technology and added value. In the future, enterprises in China’s Sodium Metabisulfite industry will still focus on improving product performance and strive to become a powerful country in the Sodium Metabisulfite industry as soon as possible.
Post time: Jan-27-2021