Sodium Sulfate: A Global Strategic Business Report
San Jose, California (PRWEB) March 3, 2008
Sodium sulfate market is heavily dependent on the detergent industry, which accounts for over 41.55% of the global sodium sulfate demand. Despite the detergent market being mature in developed nations, sodium sulfate consumption is escalating in developing countries of Asia-Pacific and Middle East, owing to the significant shift from soap bars to powder detergents. Worldwide demand for sodium sulfate is expected to register a compounded annual growth rate of over 2.31% over the years 2000 through 2010. Sodium sulfate demand in the glass industry is expected to grow at a compounded annual rate of over 2.73%.
Europe and Asia-Pacific collectively corner over 52.15% of the total sodium sulfate consumed in this end-use application market. In Europe, demand for sodium sulfate in detergents is expected to go beyond 414 thousand metric tons by the year 2015, as stated in a recent report published by Global Industry Analysts, Inc. Sodium sulfate demand in detergents in Asia-Pacific is expected to register a CAGR of over 3.76%. Robust Asian and Latin American markets are expected to outpace growth in the developed markets largely due to the expanding detergent markets in these countries. Sulfate producers are gaining ground in the US detergents market given the fact that low priced sodium sulfate makes for a better alternative to expensive ingredients such as zeolites and surfactants.
Major players in the marketplace include Akzo Nobel NV, Alkim Alkali Kimya A.S., Atacama Minerals Corp, China Nafine Group International Co Ltd., Crimidesa S.A., Dayang Chemical Company Limited, Egyptian Salts & Minerals Co., Elementis PLC, FMC Foret SA, Indspec Chemical Corporation, Industrias Penoles S.A. De C.V., Lenzing AG, Minera de Santa Marta S.A., PT. Indo Bharat Rayon, Säteri. Oy, Searles Valley Minerals Inc., Sociedad Quimica Y Minera de Chile S.A., Sulquisa S.A., Saskatchewan Minerals Inc., and ZEOX Corporation, among others.
"Sodium Sulfate: A Global Strategic Business Report", published by Global Industry Analysts, Inc., provides a comprehensive review of market trends, product profile, recent developments, mergers, acquisitions, profiles of major players and other strategic industry activities. Analysis is presented for major geographic markets such as US, Canada, Japan, France, Germany, the UK, Italy, Spain, Asia-Pacific, Latin America and rest of world. Analytics for the period 2000 through 2015 are provided in terms of end use segments including detergents, textiles, pulp & paper and glass.
For more details about this research report, please visit http://www.strategyr.com/Sodium_Sulfate_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
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