February 16, 2022
According to the research report titled ‘Sodium Sulphate Market Size by Product (Natural, Synthetic), By Application (Soaps & Detergents, Concrete, Textile, Glass, Kraft Pulp, Bath Additives) Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2021- 2027, available with MarketStudyReport, sodium sulphate market is anticipate to witness strong growth through 2027.
Report findings suggest that prevalent usage of the product in production od soaps and detergents, in consort of extensive scope of applications across various sectors including glass manufacturing, automobile batteries, textile, and food & beverage are inducing the growth of sodium sulphate market.
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For the unversed, sodium sulphate occurs naturally, typically in captive lake basins and can also be synthesized as a byproduct of industrial procedures employing commercial hydrochloric acid. The compound is commercially available in three different forms: salt cake, Glauber's salt, and niter cake.
Widespread product usage in drying organic liquids, production of starch, carpet fresheners, and cattle feed additive is further impelling the industry trends.
However, soaring demand for sulphate free products including shampoos, may stifle the industry expansion during the forecast period.
In terms of application, worldwide sodium sulphate industry is branched into kraft pulp, bath additives, concrete, glass, textile, detergents & soap, and others. Among these, the kraft pulp segment is slated record a CAGR of 4.65% over the forecast period. Whereas, the others segment is expected to showcase a CAGR of 3.45% through 2027.
Regionally speaking, Latin America market is projected to grow with a CAGR of 3.55% during the study duration, owing to growing regional presence of product manufacturing companies.
Whereas, Middle East & Africa industry is slated to showcase a CAGR of 3.25% and is anticipated to amass modest returns over the assessment period.
The major contenders in sodium sulphate marketplace are Alfa Chemistry, J&H Chemical Co. Ltd., Loba Chemie Pvt. Ltd., Tokyo Chemical Industry, MilliporeSigma, Industrias Peñoles S.A.B. de C.V., China Nafine Group International Co. Ltd., Searles Valley Minerals, Inc., Cooper Natural Resources, Inc., Grupo Industrial Crimidesa S.L., S.A. Sulquisa, Cordenka GmbH & Co. KG, Nikunj Chemicals, Atul Ltd., Shikoku Chemicals Corporation, Alkim Alkali Kimya AS, Elementis plc, Lenzing AG, and Nippon
Chemical Industrial Co. Ltd.