The sodium thiosulphate market is poised for significant growth over the period from 2025 to 2032, driven by its versatile applications across various industries such as water treatment, photography, mining, and healthcare. The market size is expected to reach USD 120.68 million in 2025 and grow at a projected Compound Annual Growth Rate (CAGR) of approximately 5.55% to 6.10% during the forecast period, depending on the source. This growth is fueled by increasing demand for environmentally friendly processes and stringent environmental regulations.
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Market Size in 2025: The sodium thiosulphate market is estimated to reach USD 120.68 million in 202513.
Projected Growth: By 2032, the market is expected to reach between USD 158.09 million and USD 185.9 million, depending on the CAGR projection, which ranges from 5.55% to 6.10%.
CAGR: The projected CAGR for the period is between 5.55% and 6.10%.
Environmental Regulations and Sustainability: The shift towards greener alternatives and environmentally friendly processes has increased the demand for sodium thiosulphate in industries like water treatment and mining13.
Water Treatment: Sodium thiosulphate's effectiveness as a dechlorinating agent makes it crucial in municipal and industrial water treatment facilities, driven by stringent environmental regulations and aging infrastructure13.
Photographic Processing: Despite digital photography's impact, industrial and professional photographic applications maintain steady demand for sodium thiosulphate.
Mining and Metallurgy: The compound is used in metal extraction and purification processes, offering advantages over traditional chemicals in environmentally friendly extraction methods.
Asia-Pacific: This region is the largest and most dynamic market for sodium thiosulphate, driven by extensive industrial activities in countries like China, India, Japan, and South Korea.
China: Dominates the Asia-Pacific market with significant gold mining operations and a growing water treatment sector.
India: Emerges as the fastest-growing market with rapid industrialization and increasing focus on water treatment1.
North America: A significant market driven by applications in water treatment, pharmaceuticals, and gold mining, with the U.S. commanding a major share.
Major players in the sodium thiosulphate market include INEOS, Liyang Qingfeng Fine Chemical Co. Ltd, Changsha Weichuang Chemical Co. Ltd., Haimen Wuyang Chemical Industry Co. Ltd., and Nissei Corporation.
Challenges: Fluctuations in raw material prices and competition from alternative chemicals could pose challenges.
Opportunities: Growing demand for sustainable processes and increasing applications in healthcare and agriculture offer significant opportunities for market expansion.