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Sodium Sulphate Market Share

Report ID: GMI1750
Published Date: Apr 2021
Report Format: PDF

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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.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

Sodium sulphate market size had surpassed USD 955 million in 2020 and will register a CAGR of 4.4% through 2027 with expanding textile industry and rising demand for producing paper.

Natural product segment was valued at over USD 640 million in 2020 and will grow significantly in coming years owing to increasing product demand from rising production in pulp and paper industries.

Glass application had surpassed USD 165 million in 2020 and will register substantial gains over the upcoming years with wide product adoption as a refining agent to prevent sum formation and air bubbles from molten glass during the refining process.

Textile applications segment will record a valuation of more than USD 65 million by 2027 owing to burgeoning demand for textile dyes driven by increased consumer preferences for colored and printed cloths.

North America will record a valuation of over USD 340 million by 2027 on account of increasing demand for soaps and detergents across regional commercials and households due to rising hygiene awareness.