The global Synthetic Sodium Sulphate Market size was significantly robust in 2021, and is expected to register rapid revenue CAGR over the forecast period. Increasing availability of sodium sulphate as a byproduct due to growing chemical industries and rapid urbanization leading to rising demand for consumer products are some factors expected to drive revenue growth of global Synthetic Sodium Sulphate Market over the forecast period.
Sodium sulphate is a white crystalline, water soluble inorganic compound with formula Na₂SO₄. Natural sodium sulphate is obtained in abundant quantities from brines and crystalline deposits in various regions. In addition, sodium sulphate is a constituent of saline lakes. Sodium sulphate is commonly produced as a byproduct of various chemical industries. Sodium sulphate is used extensively in drying of organic liquids and play an important role as filler in laundry soaps and detergents. One of the commonly used sodium sulphate form known as Glauber’s salt is used as a laxative for removal of drugs from the body. In addition, growing popularity of sodium sulphate as a fining agent is increasing its usage in glass production industries. Rising demand for paper and paper pulp industries are some factors driving demand for sodium sulphate in kraft process of paper pulping. However, closure of manufacturing and extraction units due to lockdown and unavailability of manpower during the COVID-19 pandemic are some factors expected to retrain revenue growth of global Synthetic Sodium Sulphate Market over the forecast period.
Top Companies Operating in the Global Synthetic Sodium Sulphate Market:
- Sigma-Aldrich Co. LLC.
- ECOBAT Technologies Ltd
- The Aditya Birla Group,
- Borden Remington Corp.,
- Intersac, Nippon Chemical Industrial Co.,
- Atul Limited
- Alkim Alkali Kimya A.Ş.
- Lenzing AG.
- TCI Chemicals
- Hunan Xiangheng Salt Chemical Co. Ltd.
- MINERA DE SANTA MARTA S.A.
- Saskatchewan Mining and Minerals Inc.
- Cordenka GmbH Co. KG
- GRUPO INDUSTRIAL CRIMIDESA S.L.
- Elementis plc
- Godavari Biorefineries Ltd
- JIANGSU YINZHU CHEMICAL GROUP CO.LTD.
- Nafine Chemical Industry Group Co. Ltd.
- China Lumena New Materials Corporation
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The factors that drive the industry's growth are highlighted in the report. The report divides the Synthetic Sodium Sulphate Market into main categories such as forms, applications, end-users, technology, and others for a better understanding. These segments are thoroughly examined in order to provide a more accurate outlook for the global and regional markets. The report also examines the industry's major players, including their product portfolios, company overviews, strategic growth strategies, revenue generation, market share and market size, geographic presence, and development and manufacturing capabilities.
Market Overview:
Consumers are placing a higher importance on sustainability and, as a result, are choosing items based on factors like circularity and carbon footprint. Furthermore, consumer concern about carbon emissions has prompted increased investment in renewable energy, energy efficiency, and transportation decarbonization. These developments have had considerable impact on chemical end sectors, particularly in the automobile and construction industries. COVID-19 has exacerbated the situation by lowering the automobile and construction industries (as well as many others) and disrupting current supply lines.
The adoption of digital technologies by oil, gas, and chemical firms has been fueled primarily by cost savings and greater reliability. Many organizations in these areas saw excellent benefits from advanced market sensing, improved operational optimization, and expanded usage of "in silico" simulations. Companies' existing digital technologies provided an advantage with the abrupt entrance of COVID-19 and the accompanying shutdown of facilities and work sites, but they were often insufficient for the level of remote working and cybersecurity that was suddenly required.
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Synthetic Sodium Sulphate Market Segmentation
Type Outlook (Revenue, USD Billion; 2019-2030)
- Natural
- Synthetic
Application Outlook (Revenue, USD Billion; 2019-2030)
- Soaps and Detergents
- Concrete
- Glass
- Textile
- Paper and Pulp
- Pharmaceutical
The report is written with the aid of industry analysts, market segmentation, and data collection in order to assist readers in making profitable business decisions. The report includes a comprehensive database of technical and product advances. It also provides information on growth rates and market value, as well as a thorough examination of niche market segments. The report provides strategic advice to newcomers and existing businesses about how to make profitable and well-informed business decisions.
The Synthetic Sodium Sulphate Market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Synthetic Sodium Sulphate Market.
The global Synthetic Sodium Sulphate Market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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