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Selbyville, Delaware, United States, September 25 2020 (Wiredrelease) Global Market Insights, Inc –:The sodium metabisulfite market is predicted to expand from USD 326 million in 2018 to over USD 496 million by 2025, according to a 2019 Global Market Insights, Inc. report. In food industry the product is also known as E223. The Food and Drug Administration and European Union has approved the utility of sodium metabisulfite in the food industry as a food additive and is thus forecast to witness higher gains in upcoming years.
This consistent growth is also augmented by the rising awareness for effluent water treatment throughout the globe followed by surging demand in leather and textile industry from the Asian countries where the product acts as an auxiliary in bleaching and decalcification process as result of accessibility to premium raw material, economic growth, technological advancements and growing number of market players will stimulate sodium metabisulfite market growth.