Sodium Sulfate Market Size & Major Factors That Can Increase the Worldwide Demand 2032

List of Key Players Profiled in the Global Market for Sodium Sulfate:

• Sigma-Aldrich Co.
• The Aditya Birla Group
• Borden & Remington Corp
• Intersac
• Godavari Biorefineries Ltd
• Ecobat Technologies Ltd

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Segments-

By type, the market is segmented into pills and powder. On the basis of application, the market is segregated into pharmaceuticals, chemicals, textile, paper, and others. On the basis of geography, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

What does the Report Offer?

The market report offers integrated information on the key drivers, constraints, and opportunities driving industry growth. The research goes on to generate data volume by component, end consumer, and demographic.

Drivers & Restraints-

Increasing Demand in Construction Applications to Stimulate Growth

The global sodium sulfate market growth is expected to grow due to the increased production of chemicals during the projected period. In the glass industry, sodium sulfate is used as a fining agent, which helps in the removal of microscopic air bubbles from molten glass. Glass is in high demand due to the rising construction industry, especially in modern structures where it is employed extensively in exteriors instead of traditional bricks and cement. Increasing demand for glass in construction projects in developed nations and investments in developing countries in the coming future.

REGIONAL INSIGHTS

Increasing Demand for Exports to Promote Growth in Europe

Europe is expected to hold the largest global sodium sulfate market share during the forecast period. The increasing demand for sodium sulfate-containing goods, particularly for pulp and paper production, is the major contributing factor in the region.

North America is expected to have a sizable share of the market. The rising technical breakthroughs and uses in new technological developments such as solar energy are expected to support market expansion in the region.

Competitive Landscape-

Manufacturers Focus on R&D Investments to Strengthen their Position

The suppliers are looking for acquisition and regional growth plans to have a stronger footing. However, brand awareness and strong marketing make it difficult for new entrants into this area. To strengthen their position in the industry, they have implemented a variety of methods such as partnership, expansion, collaboration, joint ventures.

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Industry Development-

• February 2021: Lenzing launched TENCEL modal fibre with Indigo Color Technology and to improve the company’s product options for the denim industry, which is predicted to develop in the coming years.