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Sodium Sulfate Market Size Worth USD 1.85 Billion in 2032 | Emergen Research

04-24-2024 04:49 PM CET | Chemicals & Materials

Press release from: Emergen Research

Sodium Sulfate Market

Sodium Sulfate Market

The global sodium sulfate market size was USD 1.20 Billion in 2022 and is expected to register a rapid revenue CAGR of 4.5% during the forecast period. The global sodium sulfate market size was USD 1.20 Billion in 2022 and is expected to register a rapid revenue CAGR of 4.5% during the forecast period. The global sodium sulfate market is experiencing significant growth, driven by the rapid expansion of the textile industry and increasing applications in construction and chemical manufacturing sectors. A recent market research report highlights the key drivers, restraints, and segment insights shaping the sodium sulfate market landscape.

Market Drivers:

1. Increasing Demand in Chemical Industry for Specialty Chemicals: Sodium sulfate serves as a crucial raw material in the production of various chemicals, aligning with the rising demand for specialty chemicals across diverse applications.

2. Advancements in Manufacturing Processes: Rapid advancements in manufacturing processes are opening new applications for sodium sulfate, optimizing reaction conditions, enhancing reaction rates, and reducing energy requirements, thereby driving market growth.

3. Continuous Manufacturing Processes: Continuous manufacturing processes ensure stable and predictable production, meeting market demand consistently. Sodium sulfate finds applications in drilling fluids in the Oil & Gas sector.

4. Globalization and Diverse Regional Industrial Needs: Increasing globalization, international trade, and diverse regional industrial needs are influencing market dynamics, further propelling revenue growth.

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Market Restraints:

1. Fluctuating Prices of Raw Materials: Fluctuating prices of raw materials and the energy-intensive nature of the manufacturing process pose challenges to market growth.

2. High Energy Requirements: The traditional Mannheim process for manufacturing sodium sulfate demands substantial energy inputs, impacting production costs and economic viability.

3. Environmental Concerns: With a growing focus on sustainability, the high energy consumption associated with sodium sulfate production raises environmental concerns, prompting industries to explore greener alternatives.

Segment Insights:

Applications:

The soaps & detergents segment dominates the market due to sodium sulfate's cost-effectiveness and compatibility with various detergent components. It aids in improving flow properties, ensuring efficient production.

End Uses:

The glass industry segment is expected to witness steady growth, driven by increasing investments, demand for high-quality glassware, and rising consumer preferences. Sodium sulfate serves as a refining agent, enhancing glass quality.

Forms:

Salt cake and Glauber's salt are the primary forms of sodium sulfate. Salt cake offers ease of handling and customizable formulations, while Glauber's salt finds extensive applications in pharmaceuticals and chemical industries.

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The report underscores the importance of sodium sulfate in diverse industries and highlights the need for sustainable manufacturing practices to address environmental concerns.

Sodium Sulfate Top Companies and Competitive Landscape

The global sodium sulfate market is fairly fragmented with many large and medium-sized players accounting for majority of market revenue. Major players are deploying various strategies, entering into mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing more effective sodium sulfate solutions.

• Aditya Birla Group
• Nippon Chemical Industrial Co., Ltd.
• Lenzing Industrial
• Echemi Group
• Cordenka GmbH & Co. KG
• China Nafine Group International Co., Ltd.
• Elementis PLC
• Tokyo Chemical Industry Pvt. Ltd.
• Alkim Alkali Kimya A.Ş.
• Ecobat

Sodium Sulfate Latest Industry Updates

• On 6 December 2022, Elementis PLC, which is UK-based leading manufacturer of specialty chemicals announced to sell its Chromium business to Yildirim Group for an enterprise value of USD 170 million. The transaction includes transfer of environmental liabilities of USD 35 million and other liabilities of USD 8 million, with the total cash proceeds on completion expected to be around USD 119m before tax, after all transaction costs and subject to customary closing working capital adjustments.

To Read More About The Report, Visit @https://www.emergenresearch.com/industry-report/sodium-sulfate-market

Sodium Sulfate Market Segment Analysis

For the purpose of this report, Emergen Research has segmented the global sodium sulfate market on the basis of application, type, form, end-use, and region:

• Application Outlook (Revenue, USD Billion; 2019-2032)
o Soaps and Detergents
o Textile
o Glass
o Others

• Type Outlook (Revenue, USD Billion; 2019-2032)
o Natural
o Synthetic

• Form Outlook (Revenue, USD Billion; 2019-2032)
o Salt Cake
o Glauber's Salt
o Niter Cake

• End-Use Outlook (Revenue, USD Billion; 2019-2032)
o Glass Industry
o Leather Industry
o Pharmaceuticals
o Others

• Regional Outlook (Revenue, USD Billion; 2019-2032)
o North America
1. U.S.
2. Canada
o Europe
1. Germany
2. France
3. UK
4. Italy
5. Spain
6. Benelux
7. Russia
8. Rest of Europe
o Asia Pacific
1. China
2. Japan
3. South Korea
4. India
5. ASEAN Countries
6. Oceania
7. Rest of APAC
o Latin America
1. Brazil
2. Mexico
3. Rest of LATAM
o Middle East & Africa
1. GCC Countries
2. Israel
3. Turkey
4. South Africa
5. Rest of Middle East & Africa

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Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.

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