USD 1.57 billion
Sodium Sulphate Market Size, Share, Growth Analysis, By Application(Soaps & detergents, Textile, Glass, Pulp & Paper), By Product(Natural and Synthetic), By Form(Salt cake, Glauber’s Salt, and Niter Cake), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG15B2096 |
Region:
Global |
Published Date: March, 2024
Pages:
184
|Tables:
90
|Figures:
66
Sodium Sulphate Market Insights
Global Sodium Sulphate Market size was valued at USD 1.57 billion in 2022 and is poised to grow from USD 1.64 billion in 2023 to USD 2.31 billion by 2031, growing at a CAGR of 4.4% in the forecast period (2024- 2031).
Sodium sulfate finds widespread use across various industries, serving as a laxative and a fining agent. In the glass manufacturing sector, it acts as a fining agent, preventing bubble formation by collecting scums.
Additionally, advancements in technology have enabled the use of sodium sulfate in solar energy storage. Its high energy requirement to change from solid to liquid makes it ideal for storing large amounts of energy for a given mass, making it a potential candidate for solar energy applications.
The growing demand for solar energy is expected to drive the market's growth. However, caution must be exercised as sodium sulfate is not recommended for individuals with stomach and spleen disorders, particularly among the elderly. The lack of sufficient warning labels on products containing sodium sulfate poses a potential hindrance to the market's expansion. Manufacturers should address this concern to ensure consumer safety and foster further growth in the sodium sulfate market.
US Sodium Sulphate Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Natural
Fastest Growth
Natural
Growth Rate
4.4% CAGR
Global Sodium Sulphate Market ($ Bn)
Country Share for North America Region (%)
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Sodium Sulphate Market Segmental Analysis
The global sodium sulphate market is segmented on the basis of application, product, form, region. By application the market is segmented into soaps & detergents, textile, glass, pulp & paper, and others. By product, the market is segmented into natural and synthetic. By form, the market is segmented into salt cake, glauber’s salt, and niter cake. By Region, the market is segmented into North America, Europe, Latin America, Asia- Pacific, Middle East and Africa.
Sodium Sulphate Market Analysis By Product
The natural product segment emerged as the dominant force in the sodium sulphate market, and its prominence is expected to grow significantly during the projected period. The surge in demand for natural sodium sulphate can be attributed to the increasing production output of the pulp and paper industries. These industries extensively use sodium sulphate as a key component in the Kraft pulping process, which is essential for paper production.
The natural product segment has gained traction due to its eco-friendly and sustainable properties. As environmental concerns continue to rise, industries are shifting towards greener alternatives, favoring the use of natural Sodium sulphate over its synthetic counterparts.
Furthermore, the growing emphasis on recycling and waste reduction in the paper manufacturing process has also bolstered the demand for natural Sodium Sulphate. The natural product's role as an effective and environmentally friendly option in this application has positioned it for substantial growth in the market.
As the pulp and paper industries continue to expand, driven by increasing demand for paper products in various sectors, the need for natural Sodium Sulphate is projected to rise significantly. Manufacturers are recognizing the benefits of utilizing natural Sodium Sulphate in their processes, leading to increased production and consumption of this eco-friendly variant, which, in turn, will boost the growth of the natural product segment in the global sodium sulphate market.
Sodium Sulphate Market Analysis By Application
The demand for Sodium Sulphate was predominantly driven by its extensive use in the soaps & detergents application segment. This segment experienced the highest demand due to the unique properties of Sodium Sulphate, which play a critical role in ensuring the smooth flow of detergent powders. Sodium Sulphate serves as a crucial filler in detergent powder formulations, allowing manufacturers to adjust the concentration of active cleaning agents according to specific requirements.
The rising demand for detergent products, fueled by increasing awareness of hygiene and cleanliness, urbanization, and population growth, has been a significant driver for Sodium Sulphate in the soaps & detergents segment. As consumers seek effective and convenient cleaning solutions, the demand for detergent powders with superior flow properties and consistent cleaning performance continues to grow, underscoring the importance of Sodium Sulphate in the global market.
Global Sodium Sulphate Market By Product
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Sodium Sulphate Market Regional Insights
Tthe Asia-Pacific region dominated the global sodium sulphate market and is projected to continue growing at a rapid pace during the forecast period. This growth can be primarily attributed to the high consumption of Sodium Sulphate in China, where it finds extensive applications in industries like soaps & detergents and textiles. The region's increasing hygiene awareness, coupled with the demand for commercial and household detergents and soaps, has contributed to the market's expansion. Sodium Sulphate is used as a pH neutralizer in these products, enhancing their effectiveness and increasing the thickness of the aqueous portion in the finished goods. Additionally, Sodium Sulphate plays a crucial role in detergent powders, preventing lump formation and allowing the product to flow freely.
In North America, the market is set to register significant gains, surpassing USD 340 million. This growth is driven by the rising demand for detergents and soaps from commercial establishments and households due to increasing hygiene consciousness. Sodium Sulphate serves as an oxygen scavenging agent in liquid detergents, protecting cleaning equipment and metal surfaces from corrosion. The hospitality industry's increasing adoption of commercial washing machines in North America is expected to boost the consumption of laundry detergents, leading to a higher demand for Sodium Sulphate in this segment. As consumers spend more on cleaning products, the demand for Sodium Sulphate in soap and laundry detergents is projected to grow, further propelling the market's expansion.
Moreover, stringent hygiene regulations in institutions have led to increased spending on cleaning products, benefiting the sodium sulphate market. The overall trend of environmental consciousness has also contributed to the demand for eco-friendly cleaning solutions, where Sodium Sulphate finds applications in eco-friendly detergents. As the cleaning and hygiene industry continues to evolve, the versatility and varied applications of Sodium Sulphate make it a vital component driving market growth in both Asia-Pacific and North America.
Global Sodium Sulphate Market By Geography
- Largest
- Fastest
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Sodium Sulphate Market Dynamics
Sodium Sulphate Market Drivers
Eco-friendly Cleaning Products
- The rising consumer preference for eco-friendly and sustainable cleaning products has increased the demand for Sodium Sulphate, which is used as a filler and flow agent in environmentally friendly detergents.
Industrial Growth in Emerging Economies
- Rapid industrialization and urbanization in emerging economies, particularly in the Asia-Pacific region, have led to increased demand for Sodium Sulphate in various applications.
Sodium Sulphate Market Restraints
Environmental Concerns
- Sodium Sulphate, when discharged into water bodies, can cause harm to aquatic life, leading to environmental concerns. Strict environmental regulations may impact the market growth.
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Sodium Sulphate Market Competitive Landscape
The global sodium sulphate market features a competitive landscape characterized by several key players striving for market share and dominance. As of 2022, major companies in the industry have been engaging in strategic initiatives to strengthen their positions and expand their reach. One notable aspect of the competitive landscape is the presence of both global and regional players. Large multinational corporations, such as Searles Valley Minerals Inc., China Nafine Group International Co. Ltd., and Alkim Alkali Kimya A.S., have a significant presence in the market. These companies benefit from their extensive distribution networks, diverse product portfolios, and substantial financial resources, allowing them to cater to a broad customer base and expand into new markets.
Moreover, partnerships, mergers, and acquisitions have been common strategies employed by key players to gain a competitive advantage. By collaborating with local manufacturers or acquiring them, global companies aim to secure raw material supply chains, reduce production costs, and access regional markets more effectively.
Furthermore, research and development initiatives play a crucial role in the competitive landscape, as companies strive to develop innovative and eco-friendly Sodium Sulphate products. These initiatives enable companies to differentiate themselves from competitors and cater to the growing demand for sustainable solutions.
Sodium Sulphate Market Top Player’s Company Profiles
- Searles Valley Minerals Inc. (United States)
- China Nafine Group International Co. Ltd. (China)
- Alkim Alkali Kimya A.S. (Turkey)
- Elementis plc (United Kingdom)
- Saskatchewan Mining and Minerals Inc. (Canada)
- Lenzing Group (Austria)
- Minera de Santa Marta (Colombia)
- Adisseo Group (France)
- Cooper Natural Resources (United States)
- Grupo Industrial Crimidesa (Mexico)
Sodium Sulphate Market Recent Developments
-
In September 2023, Cinis Fertilizer accelerated its development plans in the USA and picked Kentucky as the primary spot for its new creation site. They inked an arrangement with Ascend Elements to get sodium sulfate, which drove them to construct the creation office in Hopkinsville, Kentucky. They've been working rapidly to prepare everything, conversing with accomplices and authorities, which is why they're beginning to anticipate the Kentucky office sooner.
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In November 2023, Strides got approval from the USFDA for its generic version of the Suprep Bowel Prep Kit. This approval was conceded to Strides Global Worldwide Pte., an auxiliary of Strides Pharma Science situated in Singapore. The product, which contains Sodium Sulfate, Potassium Sulfate, and Magnesium Sulfate in specific amounts per 6 ounces, is viewed as identical to the first Suprep Bowel Prep Kit from Braintree Labs. This approval strengthens Strides' scope of entrail readiness products, which incorporates both remedy and over-the-counter choices.
Sodium Sulphate Key Market Trends
- Rising Applications in Glass Manufacturing: The glass industry extensively uses Sodium Sulphate as a flux agent to improve the melting properties of glass, leading to increased transparency and durability in glass products.
- Textile Industry Growth: Sodium Sulphate finds use in the textile industry as a leveling and reducing agent in dyeing processes. The expanding textile sector has been contributing to the demand for Sodium Sulphate.
Sodium Sulphate Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Product types team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our sodium sulphate market Analysis, the global sodium sulphate market has witnessed significant developments and trends, leading to several key conclusions. The market analysis indicated a consistent increase in demand for Sodium Sulphate, primarily attributed to the thriving detergent industry. The rising awareness of eco-friendly cleaning products contributed to this demand surge. The glass manufacturing sector demonstrated noteworthy expansion due to the use of Sodium Sulphate as a flux agent, enhancing the transparency and durability of glass products. Additionally, the textile industry's burgeoning demand for Sodium Sulphate as a leveling and reducing agent for dyeing processes played a pivotal role in the market's growth.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 1.57 billion |
| Market size value in 2031 | USD 2.31 billion |
| Growth Rate | 4.4% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Sodium Sulphate Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Sodium Sulphate Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Sodium Sulphate Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Sodium Sulphate Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Sodium Sulphate Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Sodium Sulphate Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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