Global Sodium Sulfate Market
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Global Sodium Sulfate Market was valued US$ 1.99 Bn in 2018, and expected to reach US$ $ 2.7 Bn by 2026, at CAGR of 4.49 % during forecast period.Global Sodium Sulfate Market, by SourceSodium sulfate is an inorganic compound available as white solids and is highly soluble in water. Sources of sodium sulfate can be broadly divided into synthetic and natural. More than Half the sodium sulfate in the world is produced from natural mines and one-third of the world's sodium sulfate is produced as a by-product of other processes in the chemical industry.
Sodium sulfate is the basic raw material used for the manufacturing of detergent, paper, glass, textiles and chemical industries and used in all types of detergents.
Sodium sulfate finds application in making soaps and detergents, kraft pulping, textiles, glass, carpet cleaners, and others such as food preservatives, oil recovery, etc. Of them, the detergent and soaps, in which sodium sulfate is used as a diluting agent and fillers generate maximum demand. 3/4 of global sodium sulfate consumption is for powdered detergents, paper, and glass. Sodium sulfate recognized as safe for use in food packaging.
Based on the region, sodium sulfate market is divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Among them, Asia Pacific Currently holds the leading market shares. Countries such as China, India, Malaysia, and Japan use paper products on a large scale. China is one of the largest producers and consumers of sodium sulfate.
The rapid expansion of pulp production capacity and rising consumption of pulp in China for paper and paperboard productiosn will drive the sodium sulfate market growth during the forecast period. The market in Europe and North America is expected to rise a slow.
The report provides a comprehensive review of major market drivers, restraints, opportunities, challenges, and key issues in the market.
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Last Update : 07 September 2020
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