Sodium sulfate market size to grow by 1,427.55 thousand units between 2021 and 2026; Growth driven by increasing demand for sodium sulfate in China - Technavio

NEW YORK, April 4, 2023 /PRNewswire/ -- The global sodium sulfate market size is estimated to grow by 1,427.55 thousand units from 2021 to 2026, according to Technavio. The market is estimated to grow at a CAGR of 2.02% during the forecast period. The growth of the market is driven by the increasing demand for sodium sulfate in China. The growing year-over-year per capita consumption of paper products in APAC and the high production and export of pulp from Indonesia to China have increased the production of paper and paperboards in China. In addition, the growth in end-user industries such as textiles, automobiles, construction, and surfactants industries has significantly increased the consumption and demand for sodium sulfate in China. All these factors are driving the growth of the global sodium sulfate market. For more insights on the market size (2022 to 2026) - Request a sample report

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Global Sodium Sulfate Market - Segmentation Assessment

Segment Overview
Technavio has segmented the market based on product (synthetic sodium sulfate and natural sodium sulfate), application (detergent, glass, pulp and paper, and others), and geography (APAC, Europe, North America, MEA, and South America).

• The market growth in the synthetic sodium sulfate segment will be significant during the forecast period. Synthetic sodium sulfate is commercially produced using the Hargreaves process, which uses sulfur dioxide and sodium chloride as raw materials. The increasing demand for synthetic sodium sulfate in applications, such as pulp and paper, textile manufacturing, and glass is driving the growth of the segment.

Geography Overview
The report provides actionable insights and estimates the contribution of all regions to the growth of the global sodium sulfate market.

• APAC will account for 54% of the market growth during the forecast period. The region dominates the market in terms of demand, innovation, and product development. The strong growth of end-user industries such as construction, chemical, and textile industries, particularly in China, India, South Korea, and Japan is increasing the demand for sodium sulfate in APAC. Increasing automobile production is another major factor driving the growth of the sodium sulfate market in APAC.

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Global Sodium Sulfate Market – Vendor Analysis

The global sodium sulfate market is fragmented with the presence of both global and regional players. Most vendors compete based on factors such as formulations, purity, portfolio range, and services. Large vendors have a vast geographical presence with huge production facilities located across the globe. They offer various forms of sodium sulfate with integrated downstream capacities. These vendors are forming strategic partnerships and joint ventures with small and medium enterprises to stay ahead of the competition. Some of the key vendors covered in the report include:

• Alkim Alkali Kimya - The company offers sodium sulfate that is free from heavy metals such as arsenic, lead, zinc, and chrome, under the Alkim brand.
• Bhagwati Chemicals - The company offers sodium sulfate that helps in reducing negative charges on fibers so that dyes can penetrate evenly.
• CGC SAMCA - The company offers sodium sulfate that is noncorrosive, neutral, and cheap. It is sold under the brand name Minera de Santa Marta.
• Cooper Natural Resources Inc - The company offers sodium sulfate that is used as a fining agent to help remove small air bubbles from molten glass, under the brand name Cooper Natural Resources.
• Cordenka GmbH and Co. KG
• Elementis Plc
• Grupo Industrial Crimidesa SL
• Krishna Chemicals
• Lenzing AG
• Nippon Chemical Industrial Co. Ltd.

Global Sodium Sulfate Market – Market Dynamics

Leading trends influencing growth 

• Growth in demand for sodium sulfate as a dyeing agent in the textile industry is identified as the key trend in the market.
• Sodium sulfate acts as a leveling agent by reducing the negative charge on the fibers to allow dyes to penetrate evenly.
• Sodium sulfate also acts as an electrolyte for migration, adsorption, and fixation of the dyestuff to the cellulose material.
• Such properties have increased the use of sodium sulfate as the dyeing agent in the textile industry.
• Countries such as India, China, Vietnam, Ethiopia, and Bangladesh have witnessed significant growth in the textile industry over recent years.
• All these factors are positively influencing the growth of the market.

Major challenges hindering growth

• The increasing substitutes for sodium sulfate will challenge the growth of the market.
• There are many substitutes for sodium sulfate such as emulsified sulfur and caustic soda, sodium silicates, calcium sulfate, and soda ash.
• These can be used as substitutes for sodium sulfate in industries such as paper and pulp.
• This is reducing the demand and consumption of sodium sulfate, which is hindering the growth of the market.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this sodium sulfate market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the sodium sulfate market between 2022 and 2026
• Precise estimation of the size of the sodium sulfate market size and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the sodium sulfate market industry across APAC, Europe, North America, MEA, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of sodium sulfate market vendors

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Table of contents:

1. Executive Summary 

  1.1 Market Overview

  Exhibit 01:  Key Finding 1

  Exhibit 02:  Key Finding 1

  Exhibit 03:  Key Finding 2

  Exhibit 04:  Key Finding 3

  Exhibit 05:  Key Finding 4

  Exhibit 06:  Key Finding 5

  Exhibit 07:  Key Finding 5

  Exhibit 08:  Key Finding 6

2. Market Landscape 

  2.1 Market ecosystem 

  Exhibit 09:  Parent market

  Exhibit 10:  Market characteristics

  2.2 Value chain analysis 

  Exhibit 11:  Value chain analysis: Commodity Chemicals

3. Market Sizing 

  3.1 Market segment analysis 

  Exhibit 12:  Market segments

  3.2 Market size 2021 

  3.3 Market definition

  Exhibit 13:  Offerings of vendors included in the market definition

  3.4 Market outlook: Forecast for 2021 - 2026 

  Exhibit 14:  Global - Market size and forecast 2021 - 2026 (thousand tons)

  Exhibit 15:  Global market: Year-over-year growth 2021 - 2026 (%)

4. Five Forces Analysis 

  4.1 Five Forces Summary 

  Exhibit 16:  Five forces analysis 2021 & 2026

  4.2 Bargaining power of buyers 

  Exhibit 17: Bargaining power of buyers

  4.3 Bargaining power of suppliers 

  Exhibit 18: Bargaining power of suppliers

  4.4 Threat of new entrants 

  Exhibit 19: Threat of new entrants

  4.5 Threat of substitutes 

  Exhibit 20: Threat of substitutes

  4.6 Threat of rivalry 

  Exhibit 21: Threat of rivalry

  4.7 Market condition

  Exhibit 22:  Market condition - Five forces 2021

5 Market Segmentation by Product 

  5.1 Market segments

  Exhibit 23:  Product - Market share 2021-2026 (%)

  5.2 Comparison by Product 

  Exhibit 24:  Comparison by Product

  5.3 Synthetic sodium sulfate - Market size and forecast 2021-2026 

  Exhibit 25:  Synthetic sodium sulfate - Market size and forecast 2021-2026 (thousand tons)

  Exhibit 26:  Synthetic sodium sulfate - Year-over-year growth 2021-2026 (%)

  5.4 Natural sodium sulfate - Market size and forecast 2021-2026 

  Exhibit 27:  Natural sodium sulfate - Market size and forecast 2021-2026 (thousand tons)

  Exhibit 28:  Natural sodium sulfate - Year-over-year growth 2021-2026 (%)

  5.5 Market opportunity by Product 

  Exhibit 29:  Market opportunity by Product

6 Market Segmentation by Application 

  6.1 Market segments

  Exhibit 30:  Application - Market share 2021-2026 (%)

  6.2 Comparison by Application 

  Exhibit 31:  Comparison by Application

  6.3 Detergent - Market size and forecast 2021-2026 

  Exhibit 32:  Detergent - Market size and forecast 2021-2026 (thousand tons)

  Exhibit 33:  Detergent - Year-over-year growth 2021-2026 (%)

  6.4 Glass - Market size and forecast 2021-2026 

  Exhibit 34:  Glass - Market size and forecast 2021-2026 (thousand tons)

  Exhibit 35:  Glass - Year-over-year growth 2021-2026 (%)

  6.5 Pulp and paper - Market size and forecast 2021-2026 

  Exhibit 36:  Pulp and paper - Market size and forecast 2021-2026 (thousand tons)

  Exhibit 37:  Pulp and paper - Year-over-year growth 2021-2026 (%)

  6.6 Others - Market size and forecast 2021-2026 

  Exhibit 38:  Others - Market size and forecast 2021-2026 (thousand tons)

  Exhibit 39:  Others - Year-over-year growth 2021-2026 (%)

  6.7 Market opportunity by Application 

  Exhibit 40:  Market opportunity by Application

7. Customer landscape 

  7.1 Overview

  Technavio's customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

  Exhibit 41: Customer landscape

8. Geographic Landscape 

  8.1 Geographic segmentation

  Exhibit 42:  Market share by geography 2021-2026 (%)

  8.2 Geographic comparison 

  Exhibit 43: Geographic comparison

  8.3 APAC - Market size and forecast 2021-2026 

  Exhibit 44:  APAC - Market size and forecast 2021-2026 (thousand tons)

  Exhibit 45:  APAC - Year-over-year growth 2021-2026 (%)

  8.4 Europe - Market size and forecast 2021-2026 

  Exhibit 46:  Europe - Market size and forecast 2021-2026 (thousand tons)

  Exhibit 47:  Europe - Year-over-year growth 2021-2026 (%)

  8.5 North America - Market size and forecast 2021-2026 

  Exhibit 48:  North America - Market size and forecast 2021-2026 (thousand tons)

  Exhibit 49:  North America - Year-over-year growth 2021-2026 (%)

  8.6 MEA - Market size and forecast 2021-2026 

  Exhibit 50:  MEA - Market size and forecast 2021-2026 (thousand tons)

  Exhibit 51:  MEA - Year-over-year growth 2021-2026 (%)

  8.7 South America - Market size and forecast 2021-2026 

  Exhibit 52:  South America - Market size and forecast 2021-2026 (thousand tons)

  Exhibit 53:  South America - Year-over-year growth 2021-2026 (%)

  8.8 Key leading countries 

  Exhibit 54:  Key leading countries

  8.9 Market opportunity by geography

  Exhibit 55:  Market opportunity by geography ($ billion)

9. Drivers, Challenges, and Trends 

  9.1 Market drivers 

  9.1.1 Growing demand for sodium sulfate in China

  9.1.2 Sodium sulfate is recognized as safe for use in food packaging

  9.1.3 Increasing demand for sodium sulfate in the glass manufacturing industry

  9.2 Market challenges 

  9.2.1 Increasing substitute for sodium sulfate

  9.2.2 Growing demand for liquid detergents

  9.2.3 Side effects of sodium sulfate

  Exhibit 56:  Impact of drivers and challenges

  9.3 Market trends 

  9.3.1 Growth in demand as a dyeing agent in the textile industry

  9.3.2 Increase in zinc production 

  9.3.3 Rise in construction activities

10. Vendor Landscape 

  10.1 Overview 

  Exhibit 57: Vendor landscape

  The potential for the disruption of the market landscape was moderate in 2020, and its threat is expected to remain unchanged by 2025. 

  10.2 Landscape disruption 

  Exhibit 58: Landscape disruption

  Exhibit 59: Industry risks

11. Vendor Analysis 

  11.1 Vendors covered 

  Exhibit 60: Vendors covered

  11.2 Market positioning of vendors 

  Exhibit 61: Market positioning of vendors

  11.3 Alkim Alkali Kimya 

  Exhibit 62:  Alkim Alkali Kimya - Overview

  Exhibit 63:  Alkim Alkali Kimya - Business segments

  Exhibit 64:  Alkim Alkali Kimya - Key offerings

  Exhibit 65:  Alkim Alkali Kimya - Segment focus

  11.4 Bhagwati Chemicals 

  Exhibit 66:  Bhagwati Chemicals - Overview

  Exhibit 67:  Bhagwati Chemicals - Product and service

  Exhibit 68:  Bhagwati Chemicals - Key offerings

  11.5 CGC SAMCA 

  Exhibit 69:  CGC SAMCA - Overview

  Exhibit 70:  CGC SAMCA - Product and service

  Exhibit 71:  CGC SAMCA - Key offerings

  11.6 Cooper Natural Resources Inc 

  Exhibit 72:  Cooper Natural Resources Inc - Overview

  Exhibit 73:  Cooper Natural Resources Inc - Product and service

  Exhibit 74:  Cooper Natural Resources Inc - Key offerings

  11.7 Cordenka GmbH and Co. KG 

  Exhibit 75:  Cordenka GmbH and Co. KG - Overview

  Exhibit 76:  Cordenka GmbH and Co. KG - Product and service

  Exhibit 77:  Cordenka GmbH and Co. KG - Key offerings

  11.8 Elementis Plc 

  Exhibit 78:  Elementis Plc - Overview

  Exhibit 79:  Elementis Plc - Business segments

  Exhibit 80:  Elementis Plc - Key offerings

  Exhibit 81:  Elementis Plc - Segment focus

  11.9 Grupo Industrial Crimidesa SL 

  Exhibit 82:  Grupo Industrial Crimidesa SL - Overview

  Exhibit 83:  Grupo Industrial Crimidesa SL - Product and service

  Exhibit 84:  Grupo Industrial Crimidesa SL - Key offerings

  11.10 Krishna Chemicals 

  Exhibit 85:  Krishna Chemicals - Overview

    Exhibit 86:  Krishna Chemicals - Product and service

  Exhibit 87:  Krishna Chemicals - Key offerings

  11.11 Lenzing AG 

  Exhibit 88:  Lenzing AG - Overview

  Exhibit 89:  Lenzing AG - Business segments

  Exhibit 90:  Lenzing AG - Key offerings

  11.12 Nippon Chemical Industrial Co. Ltd. 

  Exhibit 91:  Nippon Chemical Industrial Co. Ltd. - Overview

  Exhibit 92:  Nippon Chemical Industrial Co. Ltd. - Product and service

  Exhibit 93:  Nippon Chemical Industrial Co. Ltd. - Key offerings

  Exhibit 94:  Nippon Chemical Industrial Co. Ltd. - Key customers

  Exhibit 95:  Nippon Chemical Industrial Co. Ltd. - Segment focus

12. Appendix 

  12.1 Scope of the report 

  12.1.1 Market definition

  12.1.2 Objectives

  12.1.3 Notes and Caveats

  12.2 Currency conversion rates for US$ 

  Exhibit 96: Currency conversion rates for US$

  12.3 Research Methodology 

  Exhibit 97: Research Methodology

  Exhibit 98: Validation techniques employed for market sizing

  Exhibit 99: Information sources

  12.4 List of abbreviations 

  Exhibit 100: List of abbreviations

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