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Sodium Sulfate Market Segmentation, Share, Region, and Segment Forecasts, 2021 - 2027

Reports And Data

Reports And Data

Sodium Sulfate Market Size – USD 2.38 Billion in 2018, Growth - CAGR of 5.4%. Increase in demand for Sodium Sulfate as dietary supplement in foods & beverages.

NEW YORK CITY, NY, UNITED STATES, November 6, 2021 /EINPresswire.com/ -- Increasing demand for Sodium Sulfate distribution in the online retailing, coupled with high investments in R&D of Sodium Sulfate, are fueling the market growth.

The Global Sodium Sulfate Market is forecast to reach USD 3.63 Billion by 2027, according to a new report by Reports and Data. Sodium Sulfate, or also known as glauber’s salt, is a colorless sodium salt form of sulfuric acid. Sodium sulfate has almost the same properties as the Sodium Sulfate salt. The sodium sulfate is approved as the food ingredient for dietary supplements by the U.S. Institute of Medicine & European Food Safety Authority and to be used as well as consumed following the preset limit of this material. Sodium sulfate is used in the chemical preparation of sdodium sulfite, pulp, sodium silicate, and enamles among other chemical uses. Sodium sulfate is produced as a by-product in the reaction of sodium salt and sulfuric acid during the formation of hydrochloric acid. The global Sodium Sulfate market is growing at a substantial pace due to the growing demand for sodium sulfate in the foods & beverages as a dietary supplement, as this chemical compound is an essential element, which provides ample amount of multi-vitamin and minerals in the food items and dietary supplement additives.

The market in Asia Pacific is expected to retain its superiority in the overall Sodium Sulfate market. Also, the fastest growth rate has been observed in the Asia Pacific region, owing to an extensive use of Sodium Sulfate in the high growing foods & beverage industries. China and India are some of the fastest-growing markets, while Germany and the United States hold some of the most prominent players in the market.

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Market Dynamics:
The materials and chemicals industry is rapidly gaining traction over the forecast period and is expected to expand significantly in the coming years. Technological advancements and rising innovation are key factors boosting global market growth. The global Sodium Sulfate market is projected to register robust revenue CAGR during the forecast period between 2021 and 2028. Increasing awareness about green energy and eco-friendly biodegradable products, environmental impact due to carbon emissions are few key factors supporting market growth. High demand for various chemicals and raw materials in various industrial sectors such as food and technology, pharmaceutical and biotechnology, manufacturing, paint and coating, paper, plastic among others. In addition, increasing research and development activities, growing demand for products like perfumes, soaps and detergents for daily usage along with rising disposable income across the globe are further boosting market growth.

Leading companies operating in the market and profiled in the report include:
RETORTE GmbH, Jinhua, Ahpstar, Salvi Chemical Industries Ltd., American Elements, Orffa, II-VI Incorporated, Maruti Chemicals, Merck KGaA, and Lycored Ltd., among others.

Sodium Sulfate Market Segmentation:
Sales Channel Outlook
Online Retailing
Medical Stores & Brand Outlet
Source Outlook
Natural
Synthetic

End-Use Verticals Outlook
Glass Manufacturing
Chemical Processing
Foods & Beverages
Synthetic Fiber
Drugs & Medication
Others

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Regional Outlook:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa

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