Global Sodium Sulfate Market Booming Trends and Forecast Assessment for the Period 2017 – 2025

Posted on 2018-05-10 by Mark Hub in Chemicals // 0 Comments

Albany, USA, 2018-May-10 — /EPR Network/ —In order to study the various trends and patterns prevailing in the overall market for Sodium Sulfate, Market Research Reports Search Engine (MRRSE) has included a new report titled “Sodium Sulfate Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Readers can access the regional as well as segment-wise analysis for acquiring precise information about the global market structure.

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Alkim Alkali Kimya A.S., Cordenka GmbH & Co. KG, Elementis plc, Minera De Santa Marta, Si Chuan Hongya QingYiJiang Sodium Sulphate Co. Ltd., Saskatchewan Mining and Minerals Inc., Sodium Sanayii Anonim Sirketi, Birla Cellulose, Cooper Natural Resources, Lenzing Group, S.A. Sulquisa, Searles Valley Minerals, Grupo Industrial Crimidesa S.L., and XinLi Chemical are to name key players in the global sodium sulfate market.

The TMR report estimates that the sodium sulfate market will display a lackluster 3.8% CAGR for the forecast period between 2017 and 2025, for the market to be valued at US42.62 mn by 2025 from US$1.89 mn in 2016. In terms of type of source, the segments into which the sodium sulfate market is bifurcated are synthetic and natural. Of the two, natural segment of the market holds the leading share at present. The natural segment is anticipated to continue to remain dominant in the upcoming years. The various segments into which the sodium sulfate market is divided based on application are soaps & detergents, textiles, carpet cleaners, kraft pulping, glass, and others.

On the basis of geography, the key segments into which the global sodium sulfate market is divided are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Among them, Asia Pacific currently holds the leading market share. The region also displays the leading growth rate amongst all. In the years ahead too, the region is likely to hold on to its dominant position on the back of expansion of chemical industries and rising demand for sodium sulfate from a host of end-use industries in the emerging economies of China and India.

Majorly fuelling the global market for sodium sulfate is the growth of soap and detergent industry. This is mainly because sodium sulfate is used as a diluting agent and as fillers in detergents and soaps. Also, fuelling demand for sodium sulfate in the flourishing construction and automotive industry. Sodium sulfate is used as a fluxing agent in glass making to serve the demand for high quality glass for automobiles and buildings. This is because sodium sulfate helps to eliminate small air bubbles and defects during casting and blowing processes, says the lead analyst of the study.

Providing headwinds to the sodium sulfate market is emergence of substitute compounds such as zeolites, emulsified sulphur, sodium silicates, sodium carbonate, and caustic soda. These substitutes serve the demand from several end-use industries that conventionally displayed demand for sodium sulfate. Despite the declining use of sodium sulfate in several end-use industries, newer application areas are coming to the fore. Among the newer applications of sodium sulfate, widespread use during the bleaching of kraft pulp and as a dyeing agent in textile making are prominent ones.

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The study provides a decisive view of the global sodium sulfate market by segmenting it in terms of source, and application. In terms of source, sodium sulfate are classified as natural and synthetic In terms of application, it is segmented into soaps & detergents, kraft pulping, textiles, glass, carpet cleaners, others (food preservatives, oil recovery, etc.). These segments have been analyzed based on present and future trends. Regional segmentation includes current and forecast demand for sodium sulfate in North America, Europe, Latin America, Asia Pacific, and Middle East & Africa.

The report provides the actual market size of sodium sulfate for 2016 and estimated market size for 2017 with forecast for the next eight years. The global market of sodium sulfate has been provided in terms of volume and revenue. Market volume has been defined in Kilo tons and revenue in US$ Mn. Market numbers have been estimated based on source, and application of sodium sulfate. Market volume and size have been provided in terms of global, regional and country level markets.

Global Sodium Sulfate Market: Research Methodology

In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represented the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, Internet sources, magazines and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.

Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, and external proprietary databases, and relevant patent and regulatory databases such as ICIS, Hoover’s, oneSOURCE, Factiva and Bloomberg, national government documents, statistical databases, trade journals, market reports, news articles, press releases, and webcasts specific to companies operating in the market.

We conduct primary interviews on an ongoing basis with industry participants and commentators to validate data and analysis. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.

Global Sodium Sulfate Market: Competitive Analysis

The report comprises profiles of major companies operating in the global sodium sulfate market. Key players in the sodium sulfate market are Alkim Alkali Kimya A.S., Birla Cellulose, Cordenka GmbH & Co. KG, Cooper Natural Resources, Elementis plc, Lenzing Group, Minera De Santa Marta, S.A., S.A. Sulquisa, Si Chuan Hongya QingYiJiang Sodium Sulphate Co., Ltd., Searles Valley Minerals, Saskatchewan Mining and Minerals Inc., Grupo Industrial Crimidesa S.L., Soda? Sodium Sanayii Anonim Sirketi, XinLi Chemical and others. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.

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The global sodium sulfate market has been segmented as follows:

Global Sodium Sulfate Market, by source

Natural
Synthetic

Global Sodium Sulfate Market, by application

Soaps & detergents
Kraft pulping
Textiles
Glass
Carpet Cleaners
Others (Food preservatives, Oil recovery, etc.)

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