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Sodium Sulphate Market Size

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

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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.

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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.

Sodium Sulphate Market Report Attributes
Report Attribute	Details
Base Year:	2020
Sodium Sulphate 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:	Growing demand for powder detergents to spur product growth Increasing penetration in glass industry
Pitfalls & Challenges:	Shifting consumer preference from powder detergents to liquid detergents

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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.