Sodium Sulfate Market by Source (Synthetic and Natural), by Application (Detergents & Soaps, Carpet Cleaners, Textiles, Kraft Pulping, Glass and Others (Oil Recovery, Food Preservatives, etc.)): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024

Global sodium sulfate market expected to reach USD 2527.4 million in 2024, growing at a CAGR of 3.7% between 2018 and 2024. Sodium sulfate is generally known as mineral mirabilite, which is widely used in various chemical industries and commercial applications. Sodium sulfate is suitable for various applications and has generated massive demand in 2017.

13-Jul-2018 | Number of pages: 110 | Report Code: ZMR-2731 | Report Format : | Status : Published

Analysis

Sodium sulfate (CAS: 7757-82-6) is also known as disodium sulfate (Na2SO4). Sodium sulfate is an inorganic chemical used in various industries for various purposes.

The global sodium sulfate market is expected to grow at a substantial rate in the forecast period. The growing demand for detergents and soaps from emerging economies fuels the market growth. The increased use of sodium sulfate was widely observed in powdered detergents, soaps, carpet cleaners, and textiles in most of the regions. The increased demand in the textile industry for dyeing application is expected to be the major driver for the global sodium sulfate market within the forecast period. Acceptance and increased use of sodium sulfate as a fining agent in glass manufacturing industries is expected to fuel the global sodium sulfate market growth in the forecast period. However, the harmful effect associated with excessive consumption of sodium sulfate may hinder the market in the coming years.  Excessive use of sodium sulfate can cause stomach and spleen disorders related ailments. Lack of warning labels by the manufacturer on products containing sodium sulfate may limit the growth of the global sodium sulfate market. Nonetheless, product innovation and emerging market in the Asia Pacific is likely to open new avenues for the major players of the market during the years to come.

Global sodium sulfate market has been segmented on the basis of source, application, and region. On the basis of source, the sodium sulfate market is classified into synthetic and natural. Natural sodium sulfate is the most dominant type, accounting for a major market share in 2017. Solid sodium sulfate is widely used in detergents & soap industry. 

Global Sodium Sulfate Market

Based on various applications, the global sodium sulfate market is mainly segmented into detergents & soaps, carpet cleaners, textiles, kraft pulping, glass, and others (oil recovery, food preservatives, etc.). In terms of value, kraft pulping is expected to grow at highest CAGR in the forecast period owing to increasing environmental concerns. Detergents & soaps were the leading application segment of the global sodium sulfate market in 2017. 

The usage of sodium sulfate is expected to increase in the automobile and construction industry since it is mainly used as a fluxing agent in glass products. Sodium sulfate helps in removing defect during the casting and blowing processes. The increased demand for sodium sulfate as a fluxing agent to enhance the structure in the expanding automobile and construction industries across the globe is expected to be the major driver for the growth of the sodium sulfate market. Rising government initiatives encouraging infrastructure development, high disposable income, and population growth are some factors aiding the growth of the sodium sulfate market.

In terms of geographies, the sodium sulfate market has been studied for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In 2017, Asia Pacific is estimated to be the largest market for sodium sulfate. This growth is mainly attributed to the rising demand for sodium sulfate from various countries such as China, India, Japan, and South Korea. Moreover, Asia Pacific is predicted to be the fastest growing market of sodium sulfate within the forecast period owing to the increasing demand for the textile industry in the region. The Asia Pacific was followed by North America and Europe in the same year. The market growth rate in North America and Europe is expected to stay higher in the forecast period.

Some of the major players of the global sodium sulfate market include Alkim 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, S.A. Sulquisa, Saskatchewan Mining and Minerals Inc., Searles Valley Minerals, and XinLi Chemical, among others.


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