“Global Sodium Sulfate Market Analysis, Forecast & Outlook (2019-2024)” provides an extensive research and detailed analysis of the present market along with future outlook. The Sodium Sulfate Market report covers the analysis of key stake holders of the Sodium Sulfate industry. Key players of Sodium Sulfate market are being profiled along with their respective financials and growth strategies
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About Sodium Sulfate Industry
The Sodium Sulfate Industry is dominated by China. China is the largest production and consumption region. It is because that there are inland salt lakes located in China. Most of products in China are natural product. In 2017, China produced 12581.7 K MT sodium sulfate, which takes about 79.2% production market share in the world. Europe takes 14.7% production market and it’s the second largest production area. And Spain is takes most of the production of sodium sulfate in Europe. China and Spain are the leaders of the global market. China’s products are cheap. China is the world’s largest exporting country. In 2016, China exported 3634 K MT of sodium sulfate. Brazil, Southeast Asia, India, Africa and the Middle East are the main import regions. Spain is the second largest exporting country. Each year, more than 80% of the sodium sulfate is exported to Europe inland and South America.
Sodium sulfate has many applications in many industries. Among the applications, detergent and cleaning agent are the most popular one. Glass industry, cellulose and paper industry, textile and leather industry are also important applications of sodium sulfate. Other applications like feed and pharmaceutical industry only take a small share of total consumption.
Overall economic performance will continue to be the best indicator of future demand for sodium sulfate. Demand in most downstream markets is greatly influenced by general economic conditions. As a result, demand largely follows the patterns of the leading world economies.
China is the largest consumption region and it consumed 9126.4 K MT of sodium sulfate, which takes about 57.4% of total consumption share. Europe consumed about 9.3% of the total sodium sulfate in 2017, which is about 1478.3 K MT. Southeast Asia and South America takes 6.88% and 3.42% of total consumption market share in 2017.The US consumption market is smaller. In the past 20 years, the US consumption market is almost stagnant. In Europe, Portugal, Britain, France, Germany and Poland are the main consumption areas. In Southeast Asia, Thailand, Indonesia is the main consumer country. In South America, Brazil and Argentina are the main consumer areas. Brazil holds more than 75% of South America’s consumer market.
At present, Chinese enterprises have large-scale excess capacity. The continued expansion of Chinese companies has led to a bad form of the industry. In the past two years, the Chinese government has established a strict environmental protection policy for this industry, which has caused the price of sodium sulfate to start rising.
The worldwide market for Sodium Sulfate is expected to grow at a CAGR of roughly 2.5% over the next five years, will reach 1440 million US$ in 2024, from 1240 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Sodium Sulfate in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The overviews, SWOT analysis and strategies of each vendor in the Sodium Sulfate market provide understanding about the market forces and how those can be exploited to create future opportunities.
Key Players in this Sodium Sulfate market are:–
- NaFine Chemical Industry Group
Jiangsu Yinzhu Chemical
Sichuan Union Xinli Chemcial
Huaian Salt Chemical
Hongya Qingyijiang Sodium Sulphate
Grupo Industrial Crimidesa
MINERA DE SANTA MARTA
Sichuan Meishan Tianhe Chemical
Saskatchewan Mining and Minerals
Hunan Light Industry & Salt Industry Group
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Production Analysis: SWOT analysis of major key players of Sodium Sulfate industry based on a Strengths, Weaknesses, company’s internal & external environments. …, Opportunities and Threats. . It also includes Production, Revenue, and average product price and market shares of key players. Those data are further drilled down with Manufacturing Base Distribution, Production Area and Product Type. Major points like Competitive Situation and Trends, Concentration Rate Mergers & Acquisitions, Expansion which are vital information to grow/establish a business is also provided.
Application of Sodium Sulfate Market are:
Detergent and Cleaning Agent Industry
Cellulose and Paper Industry
Textile and Leather Industry
Product Segment Analysis of the Sodium Sulfate Market is:
Natural Product Sodium Sulfate
Byproduct Sodium Sulfate
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The scope of Sodium Sulfate Market report:
— Global market size, supply, demand, consumption, price, import, export, macroeconomic analysis, type and application segment information by region, including:
Global (Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America [United States, Canada, Mexico]
Middle East & Africa [GCC, North Africa, South Africa],
South America [Brazil, Argentina, Columbia, Chile, Peru])
— Industry chain analysis, raw material and end users information
— Global key players’ information including SWOT analysis, company’s financial figures, Laser Marking Machine figures of each company are covered.
— Powerful market analysis tools used in the report include: Porter’s five forces analysis, PEST analysis, drivers and restraints, opportunities and threatens.
— Based year in this report is 2019; the historical data is from 2014 to 2018 and forecast year is from 2020 to 2024.
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Moreover, the report provides knowledge of the leading market players within the Sodium Sulfate market. The industry changing factors for the market segments are explored in this report. This analysis report covers the growth factors of the worldwide market based on end-users.
Key Highlights of the Report:
- Historical data of Global Sodium Sulfate Market for the Period 2014-2016
- Market Size & Forecast of Global Sodium Sulfate Market until 2023
- Historical data of GCC Sodium Sulfate Market for the Period 2014-2016
- Market Size & Forecast of GCC Sodium Sulfate Revenue Market until 2023
- Historical data of Saudi Arabia Sodium Sulfate Market for the Period 2014-2016
- Market Size & Forecast of Saudi Arabia Sodium Sulfate Revenue Market until 2023
- Historical data of UAE Sodium Sulfate Market for the Period 2014-2016
- Market Size & Forecast of UAE Sodium Sulfate Revenue Market until 2023
- Historical data of Qatar Sodium Sulfate Market for the Period 2014-2016
- Market Size & Forecast of Qatar Sodium Sulfate Revenue Market until 2023
- Historical data of Kuwait Sodium Sulfate Market for the Period 2014-2016
- Market Size & Forecast of Kuwait Sodium Sulfate Revenue Market until 2023
- Historical data of Bahrain & Oman Sodium Sulfate Market for the Period 2014-2016
- Market Size & Forecast of Bahrain & Oman Sodium Sulfate Revenue Market until 2023
- Historical data and Forecast of Saudi Arabia Sodium Sulfate Market,
- By Product Device, Deployment, Verticals and Regions
- Market Drivers and Restraints
- Players Market Share
- Key Strategic Pointers
In this study, the years considered to estimate the market size of Sodium Sulfate Market are as follows:-
- History Year: 2013-2017
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2024
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No Of Pages in Sodium Sulfate Market Report: 138
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