The size of the sodium Sulfate market worldwide was $1.0 billion in 2022 and is estimated to expand to $1.6 billion by 2032, with a compound annual growth rate (CAGR) of 4.6% from 2023 to 2032.
The growth of the sodium Sulfate market is expected to be driven by the growing demand for solar energy. However, the market expansion may be hindered by the absence of warning labels on products containing sodium sulfate by the manufacturer, as it is not recommended for older individuals and those with spleen and stomach diseases.
Sodium Sulfate is an inorganic substance that is available in three different forms. In the chemical industry, dehydrated sodium Sulfate is commonly used and is also known as Glauber’s salt. Anhydrous sodium sulfate, which is a rare mineral called thenardite, is often used as a drying agent in chemical synthesis. Lastly, heptahydrates sodium sulfate is available in a very rare form.
Sodium sulfate is an inorganic substance that exists in three different forms. The chemical industry often uses dehydrated sodium sulfate, known as Glauber’s salt. Anhydrous sodium sulfate, which is used as a drying agent in chemical synthesis, is also known as the uncommon mineral thenardite. Heptahydrates sodium sulfate is available in a rare form. The main source of the anhydrous form of sodium sulfate is Mirabilite, a pure hydrous form of sodium sulfate. The Solvay process has replaced the LeBlanc process that was previously used by manufacturers to prepare sodium sulfate due to technological advancement. Sodium sulfate is widely used as a laxative and a fining agent in various industries. It is also used as a fining agent in the production of glass to prevent bubble formation by removing impurities. With the ongoing technological development, sodium sulfate is also employed for solar energy storage.
The global high purity sodium sulfate market is dominated by key players such as Nafine Chemical Industry Group, Jiangsu Yinzhu Chemical, Sichuan Union Xinli Chemical, Huaian Salt Chemical, Hongya Qingyijiang Sodium Sulphate, Grupo Industrial Crimidesa, Minera de Santa Marta, Alkim Alkali, and Lenzing Group. These major players are contributing significantly to the growth of the market by constantly innovating and improving their products to meet the rising demand from various industries. Their strategies include mergers and acquisitions, partnerships, and collaborations to expand their business reach and strengthen their market position. Moreover, they are also investing heavily in research and development activities to introduce new and advanced products that cater to the specific requirements of different industries.
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