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The Global Sodium Sulfate Market Size is Expected to Grow USD 1.76 Billion and Growth at a CAGR of 4.8% by 2030
NEW YORK CITY, NEW YORK, UNITED STATES, August 3, 2022 /EINPresswire.com/ -- The global sodium sulfate market size is expected to reach USD 1.76 Billion in 2030 and register a revenue CAGR of 4.8% over the forecast period, according to a latest report by Reports and Data. Rising usage of sodium sulfate for manufacturing glass for home and commercial buildings and increasing usage of sodium sulfate in soaps and detergents by manufacturers are expected to drive market revenue growth during the forecast period. Increasing demand for sodium sulfate among photographers is expected to boost the growth of sodium sulfate market in near future. Sodium sulfate is widely used by photographers to fix negatives and prints of photographs. It acts by dissolving the part of the silver salts coated on the photographs which remains unchanged by the exposure to light. This is increasing the demand for sodium sulfate and is expected to drive the revenue growth of the market. Increasing usage of sodium sulfate in shampoos, hair conditioners and face cleansers are other factors that are expected to propel growth of the market.
However, concerns regarding increasing adoption of sulfate free personal care products are some factors expected to hamper revenue growth of the market during the forecast period. Increasing consumers awareness regarding harmful side effects of sodium sulfate on skin and body such as cancer, infertility and skin allergy, are some factors that could hamper the market growth. Furthermore, many products which contain sodium sulfate are tested on animals to measure level of irritation on skin, eyes and lungs. Thus, consumers are inclined towards cruelty-free products that are not tested on animals which is another factor expected to limit the adoption of sodium sulfate on personal care products.
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Some Key Highlights in the Report
Natural segment is expected to account for significantly larger revenue share over the forecast period. Increasing demand for paper and the wooden product coupled with increasing demand for sodium sulfate is expected to drive the growth of the segment. Natural sodium sulfate is widely used for the production of wood pulp, which is increasing its demand and is expected to boost the growth of the segment Soaps & detergents segment is expected to account for largest revenue share in the global sodium sulfate market between 2022 and 2030. Increasing demand for soaps and detergents for the cleaning of household and commercial buildings is driving revenue growth of the segment. Sodium sulfate is used in high quantities in laundry and dishwashing products to protect the interiors of washing machines which is expected to boost the growth of the segment. Asia Pacific sodium sulfate market is expected to account for largest revenue share in the global market over the forecast period. Rising demand for cleaning products such as soaps and detergents in the countries in region is expected to drive market revenue growth. Sodium sulfate is used by manufacturers in large quantities in cleaning products. This is expected to drive Asia Pacific sodium sulfate market revenue growth. Companies profiled in the global market report include Merck KGaA., ECOBAT Technologies, Ltd., Godavari Biorefineries, Ltd., The Aditya Birla Group, Borden & Remington Corporation, Intersac Inc., Nippon Chemical Industrial, Co., Atul Limited, TCI Chemicals, Pvt. Ltd., and Lenzing AG. In July 2021, ECOBAT Technologies, Ltd., completed its acquisition with the leading European lithium-ion recycler. This aquation has helped ECOBAT Technologies, Ltd., expand its position in Europe as the leader in recycling batteries of all chemistries. ECOBAT acquired Promesa, a leading EV Lithium-ion battery recycling operator based in Hettstedt, Germany.
To know more about the report: https://www.reportsanddata.com/report-detail/sodium-sulfate-market
The key regions covered in the report are as follows:
North America (U.S., Canada) Europe (U.K., Italy, Germany, France, Rest of EU) Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC) Latin America (Chile, Brazil, Argentina, Rest of Latin America) The Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Product Outlook (Revenue, USD Billion, Volume, Kilo Tons; 2019-2030)
Application Outlook (Revenue, USD Billion, Volume, Kilo Tons; 2019-2030)
Chemical Processing Glass Manufacturing Dyeing Textiles Pulp & Paper Soaps and Detergents Foods and Beverages Others
From Outlook (Revenue, USD Billion, Volume, Kilo Tons; 2019-2030)
Glauber’s Salt Niter Cake Salt Cake
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1.2 Key Sodium Sulfate Market market segments
1.4 Market analysis by product type
2.1 Global Sodium Sulfate Market market size
3.1 Global Sodium Sulfate Market market key players
3.2 Global Sodium Sulfate Market size by manufacturers
3.4 Entry barriers in the Sodium Sulfate Market market
3.5 Mergers, acquisitions, joint ventures, and other strategic alliances
About Us: Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behaviour shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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