Quick Summary:
In the fast-growing global Sodium Sulphate market, proficient understanding and accurate forecasting are critical to stay ahead of the curve. Prevalently used in the creation of a myriad of goods such as glass, detergents, kraft paper, cardboard, and chemicals, the demand for Sodium Sulphate is expected to follow a consistent upward trajectory. Enhanced personal hygiene routines and cleaning practices across the globe, coupled with a rising demand for glass in commercial and domestic applications, provide the key driving forces behind this increasing market growth.
The Asia Pacific, in particular, stands as the most dominant consumer of Sodium Sulphate market, propelled by infrastructure development and heightened awareness about hygiene practices. In addition, stringent laws addressing hygiene in institutions have led to an increase in the budget for cleaning supplies. With the Soaps & Detergents Industry dominating the market, Sodium Sulphate's utility in making detergents less chunky and more free-flowing solidifies its indispensable status in the industry. This comprehensive market research report unveils critical insights to help you make strategic investment decisions and facilitate your business expansion in the Sodium Sulphate market.
The global Sodium Sulphate market demand stood at 11.4 million tonnes in 2022 and is expected to grow at a CAGR of 3.91% during the forecast period until 2032.The Global Sodium Sulphate Market Demand Stood at 11.4 Million Tonnes in 2022 and is Expected to Grow at a CAGR of 3.91% During the Forecast Period Until 2032
Sodium sulphate, also known as Glauber’s salt, is an inorganic compound. Sodium sulfate has the chemical formula Na2SO4. Majority of the sodium sulphate is found in nature in the form of sodium sulphate minerals like Thenardite and Mirabilite. This salt can also be synthesized by treating sodium chloride with sulfuric acid. This salt is hygroscopic, i.e., in water it gets readily dissolved. Sodium sulphate is a white, crystalline solid or powder that is used as source material to make many different goods, including glass, detergents, kraft paper, cardboard, and chemicals. This salt is employed as a fining agent in the glass industry to help in the removal of minute air bubbles from molten glass.
The primary driver of the global Sodium Sulphate market is its usage by the soap & detergent industries across the globe. Sodium Sulphate is employed as a filler in detergent powder so that the concentration of the active ingredients in the detergent can be adjusted. Moreover, sodium sulfate makes the detergent powder flow easily. In 2022, approximately 43% of global Sodium Sulphate was utilized by the Soaps & Detergents Industry and is anticipated to expand further in the forecast period owing to better personal hygiene and cleaning practice across the globe. Moreover, the demand for Sodium Sulphate to manufacture glass for commercial and domestic applications is anticipated to further swell the global Sodium Sulphate demand. The size of the global Sodium Sulphate market is estimated to reach a volume of 16.5 million tonnes by 2032.
Based on region, the Asia Pacific is the leading consumer of the Sodium Sulphate market. In 2022, Asia Pacific held a demand of approximately 55% of the global Sodium Sulphate market share. It is anticipated that Asia Pacific will remain the biggest consumer. South America stands as the second largest consumer and is anticipated to further expand. During the projection period, the growing need for glass for usage in infrastructure development and maintenance projects in developing nations such as India, China, Japan, and Malaysia coupled with greater awareness about hygiene and usage of soaps and detergents is driving up demand for sodium sulphate in the Asia Pacific region. Budget on cleaning supplies has increased because of stricter laws addressing hygiene in institutions.
Based on the end-user industry, the global Sodium Sulphate market is segmented into Soaps & Detergents, Textile Industry, Paper & Pulp, Glass Industry, and Others. The Soaps & Detergents Industry is dominating the Sodium Sulphate market. Sodium Sulphate tends to make detergents less chunky and free flow in nature. The Textile Industry is also a prominent consumer of Sodium Sulphate and is anticipated to soar in the upcoming years.
Major players in the production of Global Sodium Sulphate are Nafine Chemical Industry Group Co. Ltd., Jiangsu Yinzhu Chemical Group Co. Ltd., Hongya Qing Yi Jiang Chemical Industry CO.,Ltd., JSC Kuchuksulfate, Industrias Penoles S.A. de C.V, Grupo Industrial Crimidesa S.L, Minera De Santa Marta, S.A., Alkim Alkali Kimya A.S. , Sulquisa S.A, Saskatchewan Mining and Minerals Inc., and others.
Years considered for this report:
- Historical Period: 2015- 2022
- Base Year: 2022
- Estimated Year: 2023
- Forecast Period: 2024-2032
Objective of the Study:
- To assess the demand-supply scenario of Sodium Sulphate which covers production, demand and supply of Sodium Sulphate market in the globe.
- To analyse and forecast the market size of Sodium Sulphate
- To classify and forecast Global Sodium Sulphate market based on end-use and regional distribution.
- To examine competitive developments such as expansions, mergers & acquisitions, etc., of Sodium Sulphate market in the globe.
The publisher calculated Sodium Sulphate demand in the globe by analyzing the historical data and demand forecast which was carried out considering the production of raw material to produce Sodium Sulphate. The publisher sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by the publisher.
Key Target Audience:
- Sodium Sulphate manufacturers and other stakeholders
- Organizations, forums and alliances related to Sodium Sulphate distribution
- Government bodies such as regulating authorities and policy makers
- Market research organizations and consulting companies
Report Scope:
In this report, Global Sodium Sulphate market has been segmented into following categories, in addition to the industry trends which have also been detailed below:- Market, by End-use: Soaps & Detergents, Textile Industry, Paper & Pulp, Glass Industry, and Others
- Market, by Sales Channel: Direct Sale and Indirect Sale
- Market, by Region: North America, Europe, Asia Pacific, Middle East and Africa, and South America.
Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs.Table of Contents
Methodology
LOADING...