The global sodium sulphate market has grown significantly over time due to the rising demand for the product from construction, textile, and automobile industries. It is an inorganic compound that is solid and white in color in different forms. It has electrostatically bonded ionic sulphate and is water-soluble. The substance can also be produced using chemical processes and is produced naturally. While in the synthetic form, it is made as by-product during the chemical process of different products such as hydrochloric acid.
An increase in the sale of liquid soaps and baths soaps will boost the consumption of the sodium sulphate. Bath additives have gained considerable demand over the years especially during the coronavirus outbreak due to the rising consumer awareness regarding the need for cleanliness and hygiene products.
As per a study, global sodium sulphate market size could cross USD 1,335 million in valuation through 2027. With respect to the product, natural sodium sulphate has gained considerable demand over time due to the increasing paper production and wood demand. Additionally, the lack of some other natural resources across the globe will boost the production of sodium sulphate.
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Coronavirus pandemic has supported the demand for soaps due to the need to maintain personal hygiene in order to keep infections at bay. Many companies are introducing different sops and cleansers that come with bacteria-fighting capabilities and are effective in the fight against novel coronavirus.
Additives are increasingly used in detergents to prevent the corrosion of pipes and equipment driving, sodium sulphate industry forecast. Increasing government rules regarding cleanliness in commercial institutions like schools, hospitals, and hotels that represent growth opportunities for market.
Regionally speaking, Europe has emerged as a major consumer of sodium sulphate based products with the need to reduce single-use plastic products and use sustainable products. This has supported the use and production of glass for consumer goods industries that will bolster the regional sodium sulphate industry growth.
Increasing consumption of glass for packaging and household use will boost the need for raw materials like sodium sulphate. The glass container production in European Union in 2019 stood at 22.5 million tons. Sodium sulphate companies are heavily investing in R&D to improve the quality of the product to meet the demand from bath additives, glass, kraft pulp, and textile sectors.
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The market players are entering into strategic alliances, mergers and acquisitions to meet their expansion requirements and to achieve a competitive edge. Some of the prominent sodium sulphate producers include Searles valley minerals, Nippon Chemical, TCI Chemicals, Lenzing AG, and Atul Limited, to name a few. The increasing need for effective cleansing solutions along with the production of different, advanced solutions will continue to drive global sodium sulphate market trends.
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