Sodium Sulphate Market to Reach $1.1 Billion, Globally, by 2032 at 4.0% CAGR: Allied Market Research
WILMINGTON, Del., Dec. 6, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Sodium Sulphate Market by Product (Natural and Synthetic), Form (Salt Cake, Glauber's Salt, and Niter Cake), and Application (Soaps And Detergents, Textiles, Glass, Paper and Pulp, and Others): Global Opportunity Analysis And Industry Forecast, 2023-2032". According to the report, the sodium sulphate market was valued for $0.7 billion in 2022 and is estimated to reach $1.1 billion by 2032, exhibiting a CAGR of 4.0% from 2023 to 2032.
- In addition, natural sodium sulphate is considered environmentally friendly, and as sustainability becomes a more critical factor in product choices, industries might prefer using sodium sulphate over other chemicals in certain applications.
- These factors are expected to surge the demand for natural sodium sulphate; thus, fueling the growth of the sodium sulphate market during the forecast period.
- These factors are expected to boost the growth of the salt cake form of sodium sulphate; thus, fueling the growth of the sodium sulphate market.
- The growth of this industry, driven by packaging demand and economic development, contributes significantly to the sodium sulphate market.