According to this latest study, the growth in the Sodium Thiosulfate Pentahydrate market will change significantly from the previous year. Over the next five years, Sodium Thiosulfate Pentahydrate will register a CAGR in terms of revenue, and the global market size will reach USD in millions by 2028.
Sodium thiosulfate pentahydrate is a hydrate
consisting of sodium thiosulfate with 5 mol eq. of water. It has a role as an
antidote to cyanide poisoning, a nephroprotective agent and an antifungal drug.
It contains a sodium thiosulfate. Inhalation: May cause upper respiratory tract
and mucous membrane irritation. Ingestion: Sodium Thiosulfate is an agent with
a low order of toxicity. Ingestion of large doses may cause gastrointestinal
irritation disturbances with nausea, vomiting, addominal cramping, diarrhea,
metabolic acidosis, and hypernatremia. Sodium thiosulfate, also
spelled sodium thiosulphate, is used as a medication to treat cyanide
poisoning, pityriasis versicolor, and to decrease side effects from cisplatin.
For cyanide poisoning it is often used after the medication sodium nitrite and
typically only recommended for severe cases. It is either given by injection
into a vein or applied to the skin.
The report also tracks the latest market dynamics,
such as driving factors, restraining factors, and industry news like mergers,
acquisitions, and investments. Global Sodium Thiosulfate Pentahydrate Market
Size (value and volume), market share, growth rate by types, applications, and
combines both qualitative and quantitative methods to make micro and macro
forecasts in different regions or countries.
The Global Sodium
Thiosulfate Pentahydrate Market Trends, development and marketing
channels are analyzed. Finally, the feasibility of new investment projects is
assessed and overall research conclusions offered.
Top
key players cited in the report:
Spectrum
Chemical Mfg.Corp, Anmol Chemicals, Cosmic Chemicals, Vishnupriya Chemicals
Private Limited, FInOrIC, Muby Chemicals, Shakti Chemicals, Vishnupriya
Chemicals Pvt. Ltd, Lakshmi Chemical Industries, Nakarai, Akash Purochem
Private Limited, Ing. Petr Svec - PENTA, Chaitanya Chemicals
Market has segmented the Sodium Thiosulfate Pentahydrate market on
the basis of type, application, and region:
By Type:
·
Purity
·
Purity >99%
By
Application:
·
Photography
·
Textile
·
Pharmaceutical
·
Others
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The
report covers key regions of the global Sodium Thiosulfate Pentahydrate market.
This list includes many regions such as:
·
North America (U.S., Canada, Mexico)
·
Europe (Germany, U.K., France, Italy,
Russia, Spain, Rest of Europe)
·
Asia-Pacific (China, India, Japan,
Southeast Asia, Rest of APAC)
·
Middle East & Africa (GCC Countries,
South Africa, Rest of MEA)
·
South America (Brazil, Argentina, Rest of
South America)
COVID-19
Impact Sodium Thiosulfate Pentahydrate market
The COVID-19 pandemic has had devastating effects on
several industry verticals globally. To constrain the number of cases and slow
the coronavirus spread, various public health guidelines were implemented in
different countries across the globe. COVID-19 protocols ranging from declaring
national emergency states, enforcing stay-at-home orders, closing nonessential
business operations and schools, banning public gatherings, imposing curfews,
distributing digital passes, and allowing police to restrict citizen movements
within a country, as well as closing international borders. With the growing
vaccination rate, governments are uplifting the protocols to give a boost to
the stagnant economy. Like other industries, Sodium Thiosulfate Pentahydrate Market
have experienced slowdown the growth, however market is expected bounce back as
restrictions are being lifted up by governments across the globe.
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• Provision of market
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• Indicates the region
and segment that is expected to witness the fastest growth as well as to
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highlighting the consumption of the product/service in the region as well as
indicating the factors that are affecting the market within each region
• Competitive landscape
which incorporates the market ranking of the major players, along with new
service/product launches, partnerships, business expansions and acquisitions in
the past five years of companies profiled
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