The global sodium thiosulfate market is likely to register a CAGR of over 5.1% with an incremental growth of USD 35.5 million during the forecast period 2023-2029.
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Sodium thiosulfate is an inorganic compound with the formula Na2S2O3·xH2O. Typically it is available as the white or colorless pentahydrate, Na2S2O3·5H2O. It is an industrial chemical which also has a long medical history. Sodium thiosulfate was originally used as an intravenous medication for metal poisoning. It has since been approved for the treatment of certain rare medical conditions. These include cyanide poisoning, calciphylaxis, and cisplatin toxicity. It is used to dechlorinate tap water, including reducing chlorine levels for use in aquariums, swimming pools and spas (e.g., following superchlorination), and to treat settled backwash water in water treatment plants before it is discharged into rivers. The global sodium thiosulfate market is likely to register a CAGR of over 5.1% with an incremental growth of USD 35.5 million during the forecast period 2023-2029.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global sodium thiosulfate market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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