Global Sodium Sulphate Market

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 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 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).

The 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 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. '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)'

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.

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.

Tthe Asia-Pacific region dominated the 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.

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Global Sodium Sulphate Market

Report ID: SQMIG15B2096

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