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Global sodium sulfate market: 4.5% CAGR growth forecast between 2012-16

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Global Sodium Sulfate Market 2012-2016 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-26 09:47:01
The Global Sodium Sulfate market is to grow at a CAGR of 4.51 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in production from the Middle East and the APAC region. The Global Sodium Sulfate market has also been witnessing the emergence of China as a leading producer. However, the increase in demand for liquid detergents could pose a challenge to the growth of this market.

Detergent speckles are raw materials that are used to enhance the appearance of detergents. Anhydrous sodium sulfate, along with a pigment and a binding material is commonly used to manufacture detergent speckles. There are several vendors in China such as Sichuan Jinzhuang Technology Co. Ltd., that offer colorful detergent speckles, which are expected to enhance the visual appeal of detergents, thereby increasing the purchase intention in consumers. This trend is expected to increase the demand for sodium sulfate in the near future.

One of the most important drivers is the increase in production in the Middle East and the APAC region. Countries such as Turkey in the Middle East have high potential for the production of natural sodium sulfate. In the APAC region, a large number of vendors offer sodium sulfate, which is obtained as a by-product of other manufacturing processes, thereby contributing to the growth of the market.

One of the major challenges in the market is the increase in demand for liquid detergents, as sodium sulfate is not required for their manufacture. Regions such as North America and Western Europe have a high demand for such liquid detergents.

The key vendors dominating this market space are AkzoNobel N.V., Alkim Alkali Kimya AS, Elementis plc, Lenzing AG, and Sirocco Mining Inc.

Other vendors are Ako Kasei Co. Ltd., Albemarle Corp., Atul Ltd., Bio-Lab Ltd., Chemische Fabrik Lehrte, China NaFine Group International Co. Ltd., Cooper Natural Resources Inc., Crimidesa S.A., Daurala Organics Ltd., Exide Technologies, FMC Corp., FUSHIMI Pharmaceutical Co. Ltd., J.M Huber Corp., Jost Chemical Inc., INDSPEC Chemical Corp., Industrias Penoles S.A. De C.V., Merck & Co. Inc., Minera de Santa Marta S.A., Multi Organics Pvt Ltd., Nippon Chemical Industrial Co. Ltd., Panreac Quimica SA, Perstorp AB, PT. Indo-Bharat Rayon, Rhodia SA, RIFA Co. Ltd., Sankyo Kasei Co. Ltd, Saskatchewan Minerals Inc., Searles Valley Minerals Inc., Shikoku Chemicals Corp., Sulquisa S.A., The Doe Run Co., The Egyptian Salts and Minerals Co., Xuzhou Dayang Chemical Co. Ltd., and ZEOX Corp.

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