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Sodium Sulfate Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • January 2024
  • Region: Global
  • Lucintel
  • ID: 5929023

Sodium Sulfate Trends and Forecast

The future of the global sodium sulfate market looks promising with opportunities in the soap & detergent, textile, glass, and paper & pulp markets. The global sodium sulfate market is expected to reach an estimated $1.84 billion by 2030 with a CAGR of 9.7% from 2024 to 2030. The major drivers for this market are rising demand of sodium sulfate for manufacturing glass for the residential and commercial infrastructure and growing adoption as a a dyeing agent in the textile industry.

Sodium Sulfate by Segment

The study includes a forecast for the global sodium sulfate by product, form, application, and region.

Sodium Sulfate Market by Product [Shipment Analysis by Value from 2018 to 2030]

  • Natural
  • Synthetic

Sodium Sulfate Market by Form [Shipment Analysis by Value from 2018 to 2030]

  • Salt Cake
  • Glauber’S Salt
  • Niter Cake

Sodium Sulfate Market by Application [Shipment Analysis by Value from 2018 to 2030]

  • Soaps & Detergents
  • Textiles
  • Glass
  • Paper & Pulp
  • Others

Sodium Sulfate Market by Region [Shipment Analysis by Value from 2018 to 2030]

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Sodium Sulfate Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies sodium sulfate companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the sodium sulfate companies profiled in this report include-
  • TCI Chemicals
  • Intersac
  • MERCK
  • Nippon Chemical Industrial
  • Borden & Remington

Sodium Sulfate Market Insights

The publisher forecasts that natural will remain the larger segment over the forecast period due to increasing consumer inclination towards usage of plastic-free products and growing adoption of paper and wooden products for a sustainable environment.

Within this market, soap & detergent will remain the largest segment due to increase in demand for soaps and detergents.

APAC will remain the largest region over the forecast period due to growing adoption of sodium sulfate in textile sectors and in cleaning products like detergents and shops, especially in countries, such as China, India, and Japan.

Features of the Global Sodium Sulfate Market

  • Market Size Estimates: Sodium sulfate market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Sodium sulfate market size by product, form, application, and region in terms of value ($B).
  • Regional Analysis: Sodium sulfate market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different products, forms, applications, and regions for the sodium sulfate market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the sodium sulfate market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the sodium sulfate market size?
Answer: The global sodium sulfate market is expected to reach an estimated $1.84 billion by 2030.

Q2. What is the growth forecast for sodium sulfate market?
Answer: The global sodium sulfate market is expected to grow with a CAGR of 9.7% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the sodium sulfate market?
Answer: The major drivers for this market are rising demand of sodium sulfate for manufacturing glass for the residential and commercial infrastructure and growing adoption as a a dyeing agent in the textile industry.

Q4. What are the major segments for sodium sulfate market?
Answer: The future of the sodium sulfate market looks promising with opportunities in the soap & detergent, textile, glass, and paper & pulp markets.

Q5. Who are the key sodium sulfate market companies?
Answer: Some of the key sodium sulfate companies are as follows:
  • TCI Chemicals
  • Intersac
  • MERCK
  • Nippon Chemical Industrial
  • Borden & Remington
Q6. Which sodium sulfate market segment will be the largest in future?
Answer: The publisher forecasts that natural will remain the larger segment over the forecast period due to increasing consumer inclination towards usage of plastic-free products and growing adoption of paper and wooden products for a sustainable environment.

Q7. In sodium sulfate market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to growing adoption of sodium sulfate in textile sectors and in cleaning products like detergents and shops, especially in countries, such as China, India, and Japan.

Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the sodium sulfate market by product (natural and synthetic), form (salt cake, glauber’s salt, and niter cake), application (soaps & detergents, textiles, glass, paper & pulp, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Sodium Sulfate Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Sodium Sulfate Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Sodium Sulfate Market by Product
3.3.1: Natural
3.3.2: Synthetic
3.4: Global Sodium Sulfate Market by Form
3.4.1: Salt Cake
3.4.2: Glauber’s Salt
3.4.3: Niter Cake
3.5: Global Sodium Sulfate Market by Application
3.5.1: Soaps & Detergents
3.5.2: Textiles
3.5.3: Glass
3.5.4: Paper & Pulp
3.5.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Sodium Sulfate Market by Region
4.2: North American Sodium Sulfate Market
4.2.1: North American Sodium Sulfate Market by Application: Soaps & Detergents, Textiles, Glass, Paper & Pulp, and Others
4.3: European Sodium Sulfate Market
4.3.1: European Sodium Sulfate Market by Product: Natural and Synthetic
4.3.2: European Sodium Sulfate Market by Application: Soaps & Detergents, Textiles, Glass, Paper & Pulp, and Others
4.4: APAC Sodium Sulfate Market
4.4.1: APAC Sodium Sulfate Market by Product: Natural and Synthetic
4.4.2: APAC Sodium Sulfate Market by Application: Soaps & Detergents, Textiles, Glass, Paper & Pulp, and Others
4.5: ROW Sodium Sulfate Market
4.5.1: ROW Sodium Sulfate Market by Product: Natural and Synthetic
4.5.2: ROW Sodium Sulfate Market by Application: Soaps & Detergents, Textiles, Glass, Paper & Pulp, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Sodium Sulfate Market by Product
6.1.2: Growth Opportunities for the Global Sodium Sulfate Market by Form
6.1.3: Growth Opportunities for the Global Sodium Sulfate Market by Application
6.1.4: Growth Opportunities for the Global Sodium Sulfate Market by Region
6.2: Emerging Trends in the Global Sodium Sulfate Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Sodium Sulfate Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Sodium Sulfate Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: TCI Chemicals
7.2: Intersac
7.3: MERCK
7.4: Nippon Chemical Industrial
7.5: Borden & Remington

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • TCI Chemicals
  • Intersac
  • MERCK
  • Nippon Chemical Industrial
  • Borden & Remington

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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