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 News

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.
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.

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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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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

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