
Study Period | 2019 - 2030 |
Market Size (2025) | USD 120.68 Million |
Market Size (2030) | USD 158.09 Million |
CAGR (2025 - 2030) | 5.55 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | Asia Pacific |
Market Concentration | Medium |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
Sodium Thiosulphate Market Analysis
The Sodium Thiosulphate Market size is estimated at USD 120.68 million in 2025, and is expected to reach USD 158.09 million by 2030, at a CAGR of 5.55% during the forecast period (2025-2030).
The global industrial chemical industry operates within a complex framework of industrial applications, influenced by evolving environmental regulations and technological advancements across multiple sectors. The market landscape has been shaped by an increasing focus on sustainable chemical processes and growing industrial applications in water treatment, photography, and other sectors. The chemical industry's shift toward greener alternatives and environmentally friendly processes has created new opportunities for sodium thiosulphate applications. According to OECD statistics released in July 2022, there was a significant 6% average increase in industrial chemical usage across 17 countries in 2021, indicating robust industrial demand.
The water treatment chemicals sector has emerged as a crucial application area for sodium thiosulphate, driven by stringent environmental regulations and an increasing focus on water quality management. The compound's effectiveness as a dechlorinating agent has made it invaluable in municipal water treatment facilities and industrial applications. The aging global infrastructure and increasing water contamination issues have necessitated advanced treatment solutions. Demographic shifts are creating additional pressure on water treatment systems, with projections indicating that the proportion of the global population aged 65 and over will increase from 9.3% to approximately 16% by 2050, driving increased healthcare and water quality requirements.
The photographic processing industry continues to maintain steady demand for photographic chemicals, particularly in specialized and professional applications. While digital photography has impacted consumer-level usage, industrial and professional applications maintain consistent demand. The chemical's role in fixing and processing traditional photographic materials remains crucial for specific industrial and artistic applications. The industry has witnessed a transformation in application methods and efficiency improvements in chemical usage processes.
The mining and metallurgy sectors have demonstrated evolving requirements for sodium thiosulphate, particularly in metal extraction and purification processes. The industry has shown increasing interest in environmentally friendly extraction methods, where sodium thiosulphate offers advantages over traditional chemicals. According to the World Gold Council, global mining production showed positive momentum with a 34% increase in demand during Q1 2022 compared to Q1 2021, driven by strong ETF inflows. This trend has influenced the development of more efficient and environmentally conscious extraction processes, where sodium thiosulphate plays a crucial role as a reducing agent.
Sodium Thiosulphate Market Trends
Growing Use in Gold Leaching
The thiosulfate leaching process has emerged as a promising alternative to conventional cyanide-based gold extraction methods, driven by its environmental benefits and technical advantages. This method demonstrates less interference from external cations and reduced environmental pollution compared to cyanide, while maintaining significant gold dissolution rates through the formation of stable anionic complexes. The process is particularly valuable for processing carbonaceous ores with low gold cyanide recovery, as sodium thiosulfate is relatively inexpensive, non-toxic, and forms strong gold-silver complexes that readily leach gold ore in catalyzed ammonia solutions.
The expanding global gold mining industry continues to drive demand for sodium thiosulfate as an extraction agent. According to the World Gold Council, the top ten gold mines worldwide contributed approximately 12% of overall gold production, with Nevada Gold Mines leading global production. Significant developments include Uganda's discovery of 31 million tons of gold reserves, with Chinese company Wagagai Gold Mining Company approved to begin production in the Busia district. The largest quantified gold deposit in Uganda is estimated at 12.5 tons of mineable gold, representing substantial potential for Na2S2O3 consumption in extraction processes. Additionally, the growing emphasis on environmentally sustainable mining practices has led to increased adoption of thiosulfate leaching, as government regulations concerning cyanide usage in gold processing become more stringent globally.
Increasing Use in Pharmaceutical Applications
Sodium thiosulfate has witnessed expanding applications in the pharmaceutical industry, particularly in treating rare medical conditions and addressing the side effects of chemotherapy treatments. The compound has demonstrated significant potential in treating conditions such as cyanide poisoning, calciphylaxis, and cisplatin toxicity, with recent epidemiological studies suggesting its effectiveness as an anti-inflammatory and neuroprotective agent. The growing recognition of sodium thiosulfate's therapeutic properties has led to increased adoption in various medical treatments, particularly in managing the side effects of platinum-based chemotherapy drugs.
The compound's role in treating calciphylaxis, a rare but serious condition affecting chronic dialysis patients, has emerged as a crucial application driving pharmaceutical demand. Current treatments for calciphylaxis have shown limited effectiveness, making intravenous sodium thiosulfate an increasingly important therapeutic option. The compound's versatility extends to its use as an antidote for cyanide poisoning and its application in treating metal poisoning cases involving lead, mercury, arsenic, and bismuth. The rising prevalence of chronic kidney disease globally has further boosted the medical use of sodium thiosulfate, with factors such as population growth, increased exposure to risk factors, and an aging population contributing to its growing pharmaceutical applications. Additionally, its potential use as an anti-inflammatory and neuroprotective agent, supported by recent epidemiological studies, suggests expanding therapeutic applications in the future.
Furthermore, sodium thiosulfate serves as a pharmaceutical intermediate, playing a critical role in the synthesis of various drugs. Its application as a medical antiseptic also highlights its versatility in the healthcare sector. The pharmaceutical intermediate market continues to grow as new drug applications and approvals increase, further driving demand for sodium thiosulfate.
Segment Analysis: By Application
Water Treatment Segment in Sodium Thiosulphate Market
The water treatment chemicals segment dominates the global sodium thiosulphate market, accounting for approximately 35% of the total market share in 2024. This segment's leadership position is driven by increasing regulations around water quality and growing industrial wastewater treatment needs worldwide. Sodium thiosulphate plays a crucial role in water treatment applications, particularly in dechlorination chemicals processes and as a reducing agent in municipal and industrial water treatment facilities. The segment is also experiencing the fastest growth rate in the market, projected to expand at around 6% from 2024 to 2029, driven by rising environmental concerns, stringent water quality standards, and increasing investments in water treatment infrastructure across developing nations. The expansion of urban water treatment facilities and growing adoption of advanced water treatment chemicals technologies are further propelling the segment's growth.

Remaining Segments in Sodium Thiosulphate Market
The medical segment represents the second-largest application area for sodium thiosulphate, where it is primarily used in various pharmaceutical applications and as an antidote for cyanide poisoning. The gold extraction segment maintains significant market presence due to its essential role in gold leaching processes as an environmentally friendly alternative to conventional methods. The photographic processing segment, while smaller, continues to serve specialized applications in the photography industry where sodium thiosulphate acts as a fixing agent. Other applications include its use in leather tanning, paper and pulp processing, and chemical manufacturing industries, though these represent a smaller portion of the overall market demand. In the context of sodium hyposulphite, its role as photographic chemicals is noteworthy, enhancing the segment's value.
Sodium Thiosulphate Market Geography Segment Analysis
Sodium Thiosulphate Market in Asia-Pacific
The Asia-Pacific region represents the largest and most dynamic market for sodium thiosulphate globally. The region's dominance is driven by extensive industrial activities across various sectors, including gold mining, the water treatment chemicals market, and pharmaceuticals. Countries like China, India, Japan, and South Korea are key markets, each with distinct growth drivers. China leads in gold extraction applications, while Japan and South Korea show strong demand in pharmaceutical and water purification chemical segments. India's market is primarily driven by growing industrial activities and increasing water treatment chemicals market needs.

Sodium Thiosulphate Market in China
China maintains its position as the dominant force in the Asia-Pacific sodium thiosulphate market, holding approximately 54% of the regional market share. The country's leadership is anchored in its robust industrial infrastructure and significant gold mining operations. As the world's largest gold producer, China's extensive mining activities drive substantial demand for sodium thiosulphate in gold extraction processes. The country's expanding water treatment chemicals market sector and growing pharmaceutical industry further reinforce its market dominance. China's strong manufacturing capabilities and strategic focus on chemical production have established it as a key producer and consumer of sodium thiosulphate in the region.
Sodium Thiosulphate Market in India
India emerges as the fastest-growing market in the Asia-Pacific region, with a projected growth rate of approximately 6% during 2024-2029. The country's rapid industrialization and increasing focus on the water treatment chemicals market size infrastructure are key growth drivers. India's expanding pharmaceutical sector and growing emphasis on healthcare applications of sodium thiosulphate contribute significantly to market growth. The government's initiatives in water treatment and increasing investments in industrial development further accelerate market expansion. The country's growing gold mining activities and rising demand from various end-use industries position it as a crucial market for future growth.
Sodium Thiosulphate Market in North America
North America represents a significant market for sodium thiosulphate, characterized by advanced industrial infrastructure and stringent environmental regulations. The region's market is primarily driven by extensive applications in the water treatment chemicals market, pharmaceutical manufacturing, and gold mining operations. The United States, Canada, and Mexico form the key markets, each contributing distinctively to regional growth. The region's strong focus on technological advancement and environmental sustainability creates consistent demand for sodium thiosulphate across various applications.
Sodium Thiosulphate Market in United States
The United States dominates the North American market, commanding approximately 72% of the regional market share. The country's leadership position is supported by its advanced pharmaceutical industry and extensive water treatment chemicals market infrastructure. The presence of major gold mining operations and strong research and development capabilities in chemical processing further strengthen its market position. The country's robust healthcare sector and increasing focus on environmental protection drive sustained demand for sodium thiosulphate across various applications.
Sodium Thiosulphate Market in Canada
Canada emerges as the fastest-growing market in North America, with an expected growth rate of approximately 6% during 2024-2029. The country's expanding mining sector, particularly in gold extraction, drives significant market growth. Canada's stringent environmental regulations and increasing focus on water purification chemical solutions contribute to rising demand. The country's growing pharmaceutical industry and investments in chemical processing infrastructure further support market expansion. Canadian market growth is also bolstered by increasing applications in photography and medical sectors.
Sodium Thiosulphate Market in Europe
Europe maintains a strong position in the global sodium thiosulphate market, characterized by its mature industrial infrastructure and stringent environmental standards. The region's market is shaped by significant contributions from Germany, the United Kingdom, Italy, and France, each with distinct industrial strengths. The European market demonstrates a strong focus on pharmaceutical applications and advanced water purification chemical solutions, supported by robust research and development activities.
Sodium Thiosulphate Market in Germany
Germany stands as the largest market for sodium thiosulphate in Europe, driven by its advanced chemical industry and strong manufacturing base. The country's leadership in pharmaceutical research and production creates substantial demand for sodium thiosulphate in medical applications. Germany's robust water treatment chemicals market infrastructure and stringent environmental regulations further reinforce its market position. The presence of major chemical manufacturers and processing facilities makes Germany a key hub for sodium thiosulphate production and consumption in Europe.
Sodium Thiosulphate Market in United Kingdom
The United Kingdom emerges as the fastest-growing market in Europe, driven by increasing investments in water purification chemical infrastructure and pharmaceutical research. The country's expanding healthcare sector and growing emphasis on environmental protection contribute to market growth. The UK's focus on developing innovative applications for sodium thiosulphate in medical treatments and water purification processes supports market expansion. The presence of advanced research facilities and growing industrial applications further strengthen the UK's position in the European market.
Sodium Thiosulphate Market in South America
The South American sodium thiosulphate market demonstrates significant potential, primarily driven by extensive mining operations and growing industrial applications. Brazil emerges as both the largest and fastest-growing market in the region, followed by Argentina. The region's substantial gold mining activities, expanding water treatment chemicals market needs, and growing pharmaceutical sector contribute to market development. The increasing focus on environmental regulations and water quality standards across South American countries further drives market growth.
Sodium Thiosulphate Market in Middle-East and Africa
The Middle-East and Africa region presents a growing market for sodium thiosulphate, with diverse applications across multiple industries. South Africa emerges as the largest market, while Saudi Arabia shows promising growth potential. The region's expanding water treatment chemicals market infrastructure, growing mining activities, and increasing industrial development drive market growth. The rising focus on pharmaceutical applications and environmental protection measures further contributes to market expansion across the region.
Sodium Thiosulphate Industry Overview
Top Companies in Sodium Thiosulphate Market
The sodium thiosulphate market is characterized by the strong presence of established players like INEOS, Liyang Qingfeng Fine Chemical, Changsha Weichuang Chemical, Haimen Wuyang Chemical, and Nissei Corporation. Companies are increasingly focusing on product innovation, particularly in developing high-purity grades for pharmaceutical intermediates applications and specialized formulations for gold leaching processes. Operational agility has become crucial as manufacturers adapt to shifting end-user demands across medical, water treatment, and industrial chemical industries sectors. Strategic moves in the industry primarily revolve around expanding production capacities and strengthening distribution networks, especially in emerging markets. Market leaders are also investing in research and development to improve manufacturing processes and develop sustainable production methods, while simultaneously working on enhancing their global presence through strategic partnerships and collaborations.
Mixed Market Structure with Regional Champions
The global sodium thiosulphate market exhibits a partially fragmented structure with a mix of large multinational corporations and regional specialists. Major global players like INEOS leverage their extensive distribution networks and integrated production capabilities, while regional players such as Lakshmi Chemical Industries and Nilkanth Organics maintain strong positions in their respective local markets through specialized product offerings and customer relationships. The market demonstrates a moderate level of consolidation, with the top players holding significant market share while numerous smaller manufacturers serve specific geographic regions or niche applications.
The industry has witnessed limited merger and acquisition activity, with companies primarily focusing on organic growth strategies. The presence of established players with strong manufacturing capabilities and distribution networks has created high entry barriers for new entrants. Regional players are increasingly forming strategic alliances with global companies to expand their market reach and access new technologies, while larger companies are pursuing vertical integration strategies to strengthen their supply chain control and enhance operational efficiency.
Innovation and Sustainability Drive Future Success
Success in the sodium thiosulphate market increasingly depends on companies' ability to develop innovative solutions while maintaining cost competitiveness. Manufacturers need to focus on developing environmentally sustainable production processes and expanding their product portfolios to meet evolving end-user requirements, particularly in the pharmaceutical and water treatment sectors. Building strong relationships with key end-users through technical support and customized solutions has become crucial, as has the ability to maintain consistent product quality while meeting stringent regulatory requirements.
For contenders looking to gain market share, specialization in specific applications or regional markets offers a viable strategy, particularly given the growing demand in emerging economies. Companies must invest in research and development to differentiate their offerings and develop value-added products. The relatively low threat of substitution provides stability, but regulatory compliance, particularly in pharmaceutical applications, remains a critical success factor. Future growth opportunities lie in developing eco-friendly production processes and establishing strong partnerships across the value chain, while maintaining operational flexibility to respond to market dynamics. Additionally, the use of analytical reagents and laboratory chemicals solutions in research and development is becoming increasingly important for innovation in this industrial chemical sector.
Sodium Thiosulphate Market Leaders
-
INEOS
-
Liyang Qingfeng Fine chemical Co. Ltd
-
Changsha Weichuang Chemical Co. Ltd.
-
Haimen Wuyang Chemical Industry Co. Ltd.
-
Nissei Corporation
- *Disclaimer: Major Players sorted in no particular order

Sodium Thiosulphate Market News
- September 2022: Fennec Pharmaceuticals Inc. announced the approval of PEDMARK by the United States Food and Drug Administration (FDA). This approval makes the company's injection the first and only treatment approved by the FDA for hearing loss in pediatric cancer patients.
- August 2022: Fennec Pharmaceuticals Inc. signed an investment agreement with Petrichor Healthcare Capital Management and completed the first closing of USD 5 million of senior secured promissory notes as previously announced. Under the terms of the investment agreement, Fennec Pharmaceuticals would receive an additional fund of USD 20 million from Petrichor on completion of the potential United States Food and Drug Administration (FDA) approval of PEDMARK (a sodium thiosulphate-based formulation) by September 30, 2022.
Sodium Thiosulphate Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
-
4.1 Drivers
- 4.1.1 Growing Use in the Gold Leaching
- 4.1.2 Increasing Use in Pharmaceutical Applications
-
4.2 Restraints
- 4.2.1 Concerns Regarding Side Effects of the Intravenous Sodium Thiosulphate Administration
- 4.3 Industry Value Chain Analysis
-
4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Buyers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION (Market Size in Value)
-
5.1 By Application
- 5.1.1 Medical
- 5.1.2 Photographic Processing
- 5.1.3 Gold Extraction
- 5.1.4 Water Treatment
- 5.1.5 Other Applications
-
5.2 By Geography
- 5.2.1 Asia-Pacific
- 5.2.1.1 China
- 5.2.1.2 India
- 5.2.1.3 Japan
- 5.2.1.4 South Korea
- 5.2.1.5 Rest of Asia-Pacific
- 5.2.2 North America
- 5.2.2.1 United States
- 5.2.2.2 Canada
- 5.2.2.3 Mexico
- 5.2.3 Europe
- 5.2.3.1 Germany
- 5.2.3.2 United Kingdom
- 5.2.3.3 Italy
- 5.2.3.4 France
- 5.2.3.5 Rest of Europe
- 5.2.4 South America
- 5.2.4.1 Brazil
- 5.2.4.2 Argentina
- 5.2.4.3 Rest of South America
- 5.2.5 Middle East and Africa
- 5.2.5.1 Saudi Arabia
- 5.2.5.2 South Africa
- 5.2.5.3 Rest of Middle East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers, Acquisitions, Joint Ventures, Collaborations, And Agreements
- 6.2 Market Ranking Analysis
- 6.3 Strategies Adopted By Major Players
-
6.4 Company Profiles
- 6.4.1 Ampak Chemicals Inc.
- 6.4.2 Changsha Weichuang Chemical Co. Ltd
- 6.4.3 Esseco SRL
- 6.4.4 Fennec Pharmaceuticals
- 6.4.5 Haimen Wuyang Chemical Industry Co. Ltd
- 6.4.6 Ineos
- 6.4.7 Lakshmi Chemical Industries
- 6.4.8 Liyang Qingfeng Fine Chemical Co. Ltd
- 6.4.9 Nilkanth Organics
- 6.4.10 Nissei Corporation
- 6.4.11 Sankyo Kasei Co. Ltd
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Emerging Use of Sodium Thiosulphate in the Medical Industry
Sodium Thiosulphate Industry Segmentation
Sodium thiosulphate (sodium thiosulfate) is an inorganic compound manufactured by heating sulfur with aqueous sodium hydroxide or aqueous sodium sulfite solution. The sodium thiosulphate market is segmented by application and geography. By application, the market is segmented into medical, photographic processing, gold extraction, water treatment, and other applications. The report also covers the market size and forecast for the sodium thiosulphate market in 15 countries across major regions. For each segment, the market sizing and forecast have been done on the basis of revenue (USD million).
By Application | Medical | ||
Photographic Processing | |||
Gold Extraction | |||
Water Treatment | |||
Other Applications | |||
By Geography | Asia-Pacific | China | |
India | |||
Japan | |||
South Korea | |||
Rest of Asia-Pacific | |||
North America | United States | ||
Canada | |||
Mexico | |||
Europe | Germany | ||
United Kingdom | |||
Italy | |||
France | |||
Rest of Europe | |||
South America | Brazil | ||
Argentina | |||
Rest of South America | |||
Middle East and Africa | Saudi Arabia | ||
South Africa | |||
Rest of Middle East and Africa |
Sodium Thiosulphate Market Research FAQs
How big is the Sodium Thiosulphate Market?
The Sodium Thiosulphate Market size is expected to reach USD 120.68 million in 2025 and grow at a CAGR of 5.55% to reach USD 158.09 million by 2030.
What is the current Sodium Thiosulphate Market size?
In 2025, the Sodium Thiosulphate Market size is expected to reach USD 120.68 million.
Who are the key players in Sodium Thiosulphate Market?
INEOS, Liyang Qingfeng Fine chemical Co. Ltd, Changsha Weichuang Chemical Co. Ltd., Haimen Wuyang Chemical Industry Co. Ltd. and Nissei Corporation are the major companies operating in the Sodium Thiosulphate Market.
Which is the fastest growing region in Sodium Thiosulphate Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Sodium Thiosulphate Market?
In 2025, the Asia Pacific accounts for the largest market share in Sodium Thiosulphate Market.
What years does this Sodium Thiosulphate Market cover, and what was the market size in 2024?
In 2024, the Sodium Thiosulphate Market size was estimated at USD 113.98 million. The report covers the Sodium Thiosulphate Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Sodium Thiosulphate Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Our Best Selling Reports
Sodium Thiosulphate Market Research
Mordor Intelligence provides a comprehensive analysis of the sodium thiosulphate market. We leverage our extensive experience in the industrial chemical industry to deliver detailed insights. Our report examines NA2S2O3 applications across various sectors. These include its use as a reducing agent in water treatment chemicals, textile chemicals, and photographic chemicals. The analysis highlights the compound's vital role as a pool chemical, laboratory chemical, and analytical reagent. Additionally, it explores its significance in pharmaceutical intermediate manufacturing and as a medical antiseptic.
Stakeholders can download our report PDF for in-depth insights into the sodium hyposulfite market dynamics. This includes its applications as a fixing agent in photography and a crystallization agent in various processes. The report also examines emerging opportunities in water purification chemical applications, paper chemicals manufacturing, and the leather processing chemicals sectors. Our analysis covers the entire value chain, from industrial salt production to end-use applications. These include the water treatment chemicals industry, textile chemicals industry, and inorganic salt industry, providing actionable intelligence for informed decision-making.