The global sodium sulfate market was valued at US$ 504.7 Mnin 2017 and is anticipated to expand at a CAGR of 3.56% from 2018 to 2026,according to a new report titled ‘Sodium Sulfate Market: Global IndustryAnalysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ publishedby Transparency Market Research (TMR). The global sodium sulfate market isdriven by the rise in application of sodium sulfate in various end-useapplications such as detergents and textiles.
Rise in Demand for Sodium Sulfate in DetergentsIndustry to Fuel Market
Sodium sulfate is used as a filler in powdered detergents. Thedetergents industry is the major consumer of sodium sulfate. Increase in globalpopulation is boosting the demand for consumer products. This, in turn, isfueling the detergents market. Sodium sulfate is employed in the manufacturingprocess of glass. It is used as fining agent to manufacture scum-proof glass.
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Rapid Growth in Textiles and Glass Industries inEmerging Economies in Asia Pacific Propelling Demand for Sodium Sulfate
Textiles and glass industries are expanding at a rapid pace in AsiaPacific. Sodium sulfate helps lower the negative charges of fabrics so that thedyeing effect on fabrics is excellent. Expansion in the textiles industry ispropelling the demand for sodium sulfate. Furthermore, the automotive industryis expanding at a fast pace in Asia Pacific and Latin America. This, in turn,is boosting the demand for high quality glass. Sodium sulfate is used in themanufacture of scum-proof glass. This is augmenting the demand for sodiumsulfate in the glass application segment.
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Natural Source of Sodium Sulfate to Dominate GlobalSodium Sulfate Market
Based on source, the sodium sulfate market has been bifurcated intonatural and synthetic. Natural is expected to be the major segment of themarket during the forecast period. The natural method is used to derive sodiumsulfate from mirabilite. The U.S. has 16 mines of natural sodium sulfate inNorth America. China is a prominent producer of sodium sulfate across theglobe. In terms of demand, the country accounts for 50% to 60% share of theglobal sodium sulfate market.
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Asia Pacific Expected to Dominate Global SodiumSulfate Market
Based on region, the global sodium sulfate market has been classifiedinto North America, Europe, Asia Pacific, Middle East & Africa, and LatinAmerica. Asia Pacific is estimated to be the leading region of the sodiumsulfate market during the forecast period. Growth in population is fueling theconsumer goods industry. This, in turn, is driving the demand for detergents inAsia Pacific. Commercially, sodium sulfate is widely used as filler in powereddetergents. Additionally, sodium sulfate minimizes the negative charges offabrics and provides excellent dyeing effects. Expansion in the textilesindustry in emerging economies of China and India is a major factor boostingthe demand for sodium sulfate. Growth in the automotive industry is augmentingthe consumption of glass. This, in turn, is driving the demand for sodiumsulfate in the manufacture of scum-proof glass. Furthermore, improvement oflifestyle is boosting the demand for luxurious products (including carpets). Inturn, this is propelling the demand for carpet cleaners and other cleaning agents.
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High Degree of Competition among Market Players
High degree of competition exists among market players operating in thesodium sulfate market. The market is moderately fragmented. It is dominated bylarge players. Key players account for major share of the market. Prominentplayers profiled in the report are Alkim Alkali Kimya A.S., Birla Cellulose,Cordenka GmbH & Co. KG, Cooper Natural Resources, Elementis plc, LenzingGroup, Minera De Santa Marta, S.A., S.A. Sulquisa, Searles Valley Minerals,Saskatchewan Mining and Minerals Inc., Grupo Industrial Crimidesa S.L., SodiumSanayii Anonim Sirketi, and XinLi Chemical.
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