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Sodium Sulfate Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030

ID : MRU_21976 | Date : Jan, 2023 | Pages : 186 | Region : Global

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Sodium sulfate, or sodium sulphate (Na2SO4); is one of the basic raw materials used in detergent, paper, glass, textile and chemical industries and used in all types of detergents (except liquid detergents) as a filling material. Further, it is one of the ingredients of the frit in the glass industry. Sodium sulfate is widely used for the manufacturing of pulps in the paper industry, for the textile dyeing in the textile sector and for the various chemical substances in the chemical sector as well as animal feeding stuff.
The Sodium Sulfate Industry is dominated by China. China is the largest production and consumption region. It is because that there are inland salt lakes located in China. Most of products in China are natural product. In 2017, China produced 12581.7 K MT sodium sulfate, which takes about 79.2% production market share in the world. Europe takes 14.7% production market and it\'s the second largest production area. And Spain is takes most of the production of sodium sulfate in Europe. China and Spain are the leaders of the global market. China's products are cheap. China is the world's largest exporting country. In 2016, China exported 3634 K MT of sodium sulfate. Brazil, Southeast Asia, India, Africa and the Middle East are the main import regions. Spain is the second largest exporting country. Each year, more than 80% of the sodium sulfate is exported to Europe inland and South America.
Sodium sulfate has many applications in many industries. Among the applications, detergent and cleaning agent are the most popular one. Glass industry, cellulose and paper industry, textile and leather industry are also important applications of sodium sulfate. Other applications like feed and pharmaceutical industry only take a small share of total consumption.
Overall economic performance will continue to be the best indicator of future demand for sodium sulfate. Demand in most downstream markets is greatly influenced by general economic conditions. As a result, demand largely follows the patterns of the leading world economies.
China is the largest consumption region and it consumed 9126.4 K MT of sodium sulfate, which takes about 57.4% of total consumption share. Europe consumed about 9.3% of the total sodium sulfate in 2017, which is about 1478.3 K MT. Southeast Asia and South America takes 6.88% and 3.42% of total consumption market share in 2017.The US consumption market is smaller. In the past 20 years, the US consumption market is almost stagnant. In Europe, Portugal, Britain, France, Germany and Poland are the main consumption areas. In Southeast Asia, Thailand, Indonesia is the main consumer country. In South America, Brazil and Argentina are the main consumer areas. Brazil holds more than 75% of South America's consumer market.
At present, Chinese enterprises have large-scale excess capacity. The continued expansion of Chinese companies has led to a bad form of the industry. In the past two years, the Chinese government has established a strict environmental protection policy for this industry, which has caused the price of sodium sulfate to start rising.

The Global Sodium Sulfate Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023 - 2030.

As the report focuses on global Sodium Sulfate Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-

NaFine Chemical Industry Group
Jiangsu Yinzhu Chemical
Sichuan Union Xinli Chemcial
Huaian Salt Chemical
Hongya Qingyijiang Sodium Sulphate
Grupo Industrial Crimidesa
MINERA DE SANTA MARTA
Alkim Alkali
Lenzing Group
S.A. SULQUISA
Sichuan Meishan Tianhe Chemical
Saskatchewan Mining and Minerals
Hunan Light Industry & Salt Industry Group
Perstorp
Cordenka
Adisseo

In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:

Natural Product Sodium Sulfate
Byproduct Sodium Sulfate
Other Switches
In Market segmentation by applications :

Detergent and Cleaning Agent Industry
Glass Industry
Cellulose and Paper Industry
Textile and Leather Industry
Other

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Sodium Sulfate Market for the forecast period 2023 - 2030?
• What are the driving forces in the Sodium Sulfate Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Sodium Sulfate industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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