Press release
Sodium Sulfate Market Size, Industry Growth Forecast 2022-2028
The research report "Global Sodium Sulfate Market: By Product (Synthetic, and Natural), By Application (Detergents and Soaps, Carpet Cleaners, Textiles, Kraft Pulping, Glass, and Others), and Geography - Global/Region/Country Forecast to 2028." The global sodium sulfate market size was valued at USD 1,143.58 million in 2021, growing at a CAGR of 4.4% during the forecast period 2022-28View the detailed report description here - https://precisionbusinessinsights.com/market-reports/global-sodium-sulfate-market/
Launch of new products in various countries is anticipated to enhance the Sodium Sulfate Market growth:
Sodium sulphate is largely used in different sectors as a fining and laxative agent. The global sodium sulfate market is classified into natural and synthetic on the basis of product type. Among these, natural sodium sulfate is projected to lead the market because of the increasing application in different industries such as manufacturing of soaps and detergents. A pure hydrous form of sodium sulphate, Mirabilite is a major factor produce the anhydrous form of sodium sulfate. The LeBlanc method was formerly used by the manufacturer for preparing sodium sulphate. But, the LeBlanc process has been replaced by the Solvay process because of the technological developments. Invention of the new products by leading players allows surge in the sodium sulfate market demand over the future period. For example, Birla Cellulose introduced the new product of sodium sulfate in 2017, which has a huge array of applications in soaps and detergents. Furthermore, launch of new products in different economies allows the sodium sulfate market growth over the forthcoming years. Increasing application of sodium sulfate in chemical industry is enhancing the market growth. But, fewer side effects and high costs of sodium sulfate are anticipated to hamper the market growth.
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Asia Pacific accounted for major revenue share in the Global Sodium Sulfate Market:
Sodium Sulfate Market report aims at providing complete outlook across the region by covering leading regions including North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Among these regions, Asia Pacific got larger revenue share in the market because of the growing demand for soaps and detergents by the growing population of the region. North America sodium market is anticipated to witness moderate CAGR rate because of the growing demand by textile industries and carpet cleaners for sodium sulfate. Europe witnesses significant growth in sodium sulfate market because of the worldwide production capacity. Latin America exhibits considerable growth in the market due to the newer application such as making kraft pulp and dyeing agent. Middle East and Africa sodium sulfate market is also anticipated to grow during the forecast period because of the increasing volume of production capacity.
Competitive Analysis - Global Sodium Sulfate Market:
Major players working in the global sodium sulfate market are lkim Alkali Kimya A.S., Birla Cellulose, Cordenka GmbH. & Co. KG, Grupo Industrial Crimidesa S.L. and Cooper Natural Resources.
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