Sodium Sulfate Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Global Sodium Sulfate Market: By Product (Synthetic, and Natural), By Application (Detergents and Soaps, Carpet Cleaners, Textiles, Kraft Pulping, Glass, and Others), and Geography

 

 

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Report

Description

The global sodium sulfate market estimated to be valued US$ 0.7 Bn in 2020 and poised to grow at significant CAGR of 4.4% to reach USD 1.3 Bn by 2027. Market for global sodium sulfate projected to reach US$ XX Mn by 2025 due to increased application of sodium sulfate in animal feeding stuff and chemical industry. However high costs and fewer side effects of sodium sulfate is expected to hinder the growth of the market. Global sodium sulfate market report gives comprehensive outlook on market across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa. This report studies global market dynamics elaborately to identify the current market trends and drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions and market unmet needs (Product Opportunities). Based on product type, the global sodium sulfate market is segmented into natural and synthetic. Natural sodium sulfate is expected to dominate the market due to increased application in various industries such as manufacturing of detergents and soaps. Mirabilite, a pure hydrous form of sodium sulphate, is a key source for generating the anhydrous form of sodium sulphate. The LeBlanc method was previously used by the manufacturer to prepare sodium sulphate; however, due to technological advancements, the LeBlanc process has been replaced by the Solvay process. Sodium sulphate is widely utilised in a variety of sectors as a laxative and fining agent.

Sodium Sulfate Market

MARKET SUMMARY
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4.4% CAGR
  • Study Period– 2021-2027
  • Base Year– 2020
  • CAGR– 4.4%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– North America

Sodium Sulfate Market

  • The report on global Sodium Sulfate Market gives historical, current, and future market sizes (US$ Bn) on the basis of product, application and geography.
  • Sodium Sulfate Market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • Key stakeholders of the global sodium sulfate market report include suppliers, manufacturers, marketers, policy makers, and agronomists engaged in global sodium sulfate market activities.
Key Players
  • lkim Alkali Kimya A.S.
  • Birla Cellulose
  • Cordenka GmbH. & Co. KG
  • Grupo Industrial Crimidesa S.L.
  • Cooper Natural Resources
Dynamics

Sodium Sulfate Market

Invention of the novel products by the key players enables surge in the sodium sulfate market demand over the forecast years. For instances, in 2017, Birla Cellulose launched the new product of sodium sulfate which has which has a wide range of application in detergents and soaps. Moreover, launch of novel products in various countries enables the growth of sodium sulfate market over the forecast years.


Asia-Pacific got significant share

Sodium Sulfate Market

Asia Pacific accounted for major revenue share in global sodium sulfate market due to increased demand of detergents and soaps by the increasing number of population. North America sodium sulfate market is expected to account moderate CAGR due to increased demand of sodium sulfate by carpet cleaners and textile industries. Europe exhibits a significant growth in sodium sulfate market due to global production capacity. Latin America shows a significant growth in market owing to newer application such as dyeing agent, and making of kraft pulp. Middle East and Africa sodium sulfate market is also expected to rise in the forecast period due to increased volume of production capacity.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, country market share, historic market (2015-2020) and forecast (2021-2027)
  • The report covers in-detail insights about the competitor’s overview, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Key

Key Findings of the Report


Sodium Sulfate Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

  • lkim Alkali Kimya A.S.
  • Birla Cellulose
  • Cordenka GmbH. & Co. KG
  • Grupo Industrial Crimidesa S.L.
  • Cooper Natural Resources
  • Lenzing Group
  • Elementis Plc
  • Minera De Santa Marta
  • A. Sulquisa
  • Saskatchewan Mining and Minerals Inc.
  • Searles Valley Minerals
  • XinLi Chemical

Description

The global sodium sulfate market estimated to be valued US$ 0.7 Bn in 2020 and poised to grow at significant CAGR of 4.4% to reach USD 1.3 Bn by 2027. Market for global sodium sulfate projected to reach US$ XX Mn by 2025 due to increased application of sodium sulfate in animal feeding stuff and chemical industry. However high costs and fewer side effects of sodium sulfate is expected to hinder the growth of the market. Global sodium sulfate market report gives comprehensive outlook on market across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa. This report studies global market dynamics elaborately to identify the current market trends and drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions and market unmet needs (Product Opportunities). Based on product type, the global sodium sulfate market is segmented into natural and synthetic. Natural sodium sulfate is expected to dominate the market due to increased application in various industries such as manufacturing of detergents and soaps. Mirabilite, a pure hydrous form of sodium sulphate, is a key source for generating the anhydrous form of sodium sulphate. The LeBlanc method was previously used by the manufacturer to prepare sodium sulphate; however, due to technological advancements, the LeBlanc process has been replaced by the Solvay process. Sodium sulphate is widely utilised in a variety of sectors as a laxative and fining agent.

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