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Sodium Sulphate Market Size
Global sodium sulphate market size exceeded USD 955 million in 2020 and is estimated to grow at a CAGR of 4.4% between 2021 and 2027. Growing textile industry along with rising demand for levelling agent and increasing demand for natural sodium sulphate for production of wood and paper to drive the industry growth.
The product is an inorganic compound that appears white in color in all forms. It is available in solid form which is electrostatically bonded ionic sulphate and is highly water soluble. It can be produced through chemical processes and is also produced naturally. The product is present in different forms such as heptahydrate, decahydrate and anhydrous. It is widely used in production of different types of chemicals, home laundry detergents and in paper pulping processes which should augment the sodium sulphate market growth.
Natural product segment surpassed USD 640 million in 2020 and should register significant gains in the projected period. Rising production output of pulp and paper industries have soared product demand which should stimulate natural product growth.
Natural product is derived from mirabilite, a natural mineral form that is found in lakebeds and is used for production of paper and wood. Rising demand for wooden and paper products has accelerated pulp and paper industry globally. The utilization of natural resources to produce sodium sulphate in countries including China, Canada and U.S. owing to popularity of natural product production process is expected to drive the sodium sulphate market share.
Report Attributes | Details |
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Base Year: | 2020 |
Market Size in 2020: | 959.19 Million (USD) |
Forecast Period: | 2021 to 2027 |
Forecast Period 2021 to 2027 CAGR: | 4.4% |
2027 Value Projection: | 1335 Million (USD) |
Historical Data for: | 2016 to 2027 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 211 |
Segments covered: | Product, Application |
Growth Drivers: |
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Pitfalls & Challenges: |
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Sodium Sulphate Market Analysis
Glass application segment surpassed USD 165 million in 2020 and should witness significant gains in the projected period. The product is widely used as a refining agent to prevent sum formation and remove air bubbles from molten glass during refining process. Government regulation on the use of plastic to reduce plastic wastage has bolstered the utilizations of glass containers, jars and cups.
Growing consumption of alcoholic beverage globally is expected to propel glass production level. The product also used in production of coloured and flat glass used for commercial and housing construction use. Rising commercial and residential construction along with increasing demand for flat glass from automotive industry should accelerate the sodium sulphate market revenue.
Textile applications segment should surpass USD 65 million by 2027. Changing consumer buying preferences and rising demand for coloured and printed cloths will augment the demand for textile dyes, boosting the use of sodium sulphate in textile dyeing process is anticipated to show positive impact on market growth. Increasing penetration of organised retail store along with changing fashion trends should stimulate the sodium sulphate market value in forecasted timespan.
The product is used in textile production process for fixation and efficient adsorption of dyes on fabrics by acting as a catalyst which should stimulate product demand from textile industry. Rising income level in developed and developing countries along with rise in textile production should accelerate business growth. In 2020, the global textile industry was estimated to be over USD 590 billion which shows opportunity for market growth in the projected period. Moreover, increase in production of fabrics and cloths is expected to trigger consumption of sodium sulphate in textile industry.
North America should register gains of over USD 340 million by the end of 2027. The region is witnessing rising demand for detergents and soaps from commercial and households owing to rising hygiene awareness. The sodium sulphate is used as pH neutralizer and increases the thickness of aqueous portion of the finished product. Furthermore, the product is used in detergent powders to make it flow freely without any lump formation. Rising stringent regulations regarding hygiene in institutions have led to increasing spending on cleaning products.
The product is used in liquid detergents as oxygen scavenging agent which helps to prevent corrosion thus protecting the cleaning equipment and metals surfaces. The increasing demand for commercial washing machine from the hospitality industry in North America is expected to augment the consumption of laundry detergents. This trend is expected to increase the consumption of sodium sulphate in soap and laundry detergents owing to increasing consumer spending on cleaning products boosting the sodium sulphate market growth.
Sodium Sulphate Market Share
Sodium sulphate industry is competitive and includes various market players which includes
- Nippon Chemical Industrial Co.
- Elementis Plc.
- Lenzing AG
- Shikoku Chemicals Corporation
- Atul Limited
- Nikunj Chemicals
- Cooper Natural resources Inc
- Searles valley minerals
- Sigma Aldrich
- TCI Chemicals
Companies are primarily engaged in strategic acquisitions to expand production capacity and distribution network.
In February 2021, Lenzing presented TENCEL modal fibre with Indigo Color Technology. This initiative was taken to enhance the company’s product offerings for the denim industry which is expected to foster market growth. Furthermore, In November 2020, Elementis and NXTLEVVEL Biochem made a commercial agreement to manufacture, develop and sell a portfolio of biobased products.
Global sodium sulphate market report includes in-depth coverage of the industry with estimates & forecast in terms of volume (Tons) and revenue in USD million from 2016 to 2027 for the following segments:
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By Product
- Natural
- Synthetic
By Application
- Soaps and detergents
- Concrete
- Textile
- Glass
- Kraft Pulp
- Bath Additives
- Others
The above information has been provided for the following regions:
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Spain
- Poland
- Asia Pacific
- China
- India
- Japan
- South Korea
- Thailand
- Australia
- Latin America
- Brazil
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
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