Press release
Sodium Sulfate Market Emerging Trends, Technology and Demand 2019 to 2030
According to Recent Research, the sodium sulfate market growth is driven by factors such as increasing use of sodium sulfate in various industries including filling material & diluting agent in detergent and catalyst & electrolyte in the textile industry. The consumption of sodium sulfate in soap & detergent industry is highest as compared to other industries. The detergent industry holds approximately 39% of the sodium sulfate market share globally. Additionally, the increasing applications of sodium sulfate in glass, chemical, healthcare, and pharmaceutical industries is further propelling market growth.Top Key Players:
Some of the prominent players in the sodium sulfate market include Birla Cellulose, Alkim Alkali Kimya A.S., Cordenka GmbH & Co KG, Cooper Natural Resources, ELEMENTIS PLC, LENZING AG, PJSC MMC Norilsk Nickel, MINERA DE SANTA MARTA, S.A., Nippon Chemical Industrial CO., LTD., and Grupo Industrial Crimidesa S.L., among others.
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Regional Analysis:
In 2018, Asia Pacific accounted for the largest market share globally and is expected to grow with the highest CAGR during the forecast period. The sodium sulfate market growth in the Asia Pacific region is mainly driven by increasing demand from end-use industries such as detergents, textile, glass, and paper & pulp industry.
However, the increasing use of sodium sulfate substitutes across various end-use industries is likely to hinder the market globally. For instance, the use of sodium chloride in the detergent industry, use of sodium hydroxide in the paper & pulp industry, and use of calcium sulfate in the glass making process will adversely affect market growth.
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The Research Provides Answers To The Following Key Questions:
-What is the estimated growth rate and market share and size of the sodium sulfate market market for the forecast period 2019 - 2030?
-What are the driving forces in the sodium sulfate market for the forecast period 2019- 2030?
-Who are the prominent market players and how have they gained a competitive edge over other competitors?
-What are the market trends influencing the progress of the sodium sulfate market industry worldwide?
-What are the major challenges and threats restricting the progress of the industry?
-What opportunities does the market hold for the prominent market players?
Table of Contents
INTRODUCTION
Market Definition
Market Classification
Geographic Scope
Years Considered for the Study: Historical Years - 2016 & 2017; Base Year - 2018; Forecast Years - 2019 to 2030
Currency Used
RESEARCH METHODOLOGY
Research Framework
Data Collection Technique
Data Sources
Secondary Sources
Primary Sources
Market Estimation Methodology
Bottom Up Approach
Top Down Approach
Data Validation and Triangulation
Market Forecasting Model
Limitations/Assumptions of the Study
ABSTRACT OF THE STUDY
MARKET DYNAMICS ASSESSMENT
Drivers
Barriers/Challenges
Opportunities
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