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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In market segmentation by manufacturers, the report covers the following companies-
RETORTE GmbH
Jinhua
Ahpstar
Salvi Chemical Industries Ltd.
American Elements
Orffa
II-VI Incorporated
Maruti Chemicals
Merck KGaA
Lycored Ltd.
The size of the global packaging industry is expected to grow to XX, delivering a CAGR of around XX% in the forecast years. The concept of minimalism currently dominates consumers’ preferences. There is increasing demand for packaging that not only requires less effort and time for handling, transporting, and storing such as tear notches, peel-off lids, hang hole bags, and microwavable containers and pouches, driving the technological innovations in the industry.
Growth Prospects:
The packaging sector has been attempting to gain momentum in the past couple of years on the back of the massive boom of the e-commerce industry. The market growth will be credited to the e-commerce transport and shipment, personal care, household, food and beverage, and healthcare sectors for convenience packaging.
These aspects have pushed leading players to dedicate their resources towards new packaging designs or to reinvent existing packaging designs to accommodate higher convenience and manageability, which will drive the global Sodium Sulfate market growth. The vintage packaging sector is also experiencing high demand, and even though it targets a limited consumer base, it is expected to grow at a rapid pace in the coming years.
In market segmentation by types of Sodium Sulfate, the report covers-
- Online Retailing
- Medical Stores & Brand Outlet
- Others
In market segmentation by applications of the Sodium Sulfate, the report covers the following uses-
- Natural
- Synthetic
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Apart from e-commerce, the growth of the packaging market is also subject to other promising applications such as food and beverage, healthcare, and fast moving consumer goods (FMCG). Packaging applications in each of these sectors are expected to grow individually at a stable growth rate. The competition in the packaging industry is getting fiercer with new entrants building a place for modern packaging concepts and established players trying to keep up with the evolving demands of the consumers.
This study on the Global Sodium Sulfate market elaborates on the key expansion tactics adopted by leading participants to stay ahead in the competition. Additionally, the report also sheds light on growth opportunities existing in the market, which have piqued the interests of new players to enter the industry. The insightful information in the report will allow the reader to understand the competitive scenario focused on both big and small companies.
Key market trends:
The increasing prevalence of biodegradable plastics promises to be a popular trend dominating the industry in the forecast years. The growing environmental awareness and the stringent government-imposed regulations for governing the consumption of plastics are pushing the overall industry towards the use of biodegradable packaging.
Another major packaging market trend that is speedily gaining momentum is the introduction of innovative lightweight glass packaging aimed at improving end-user usability and waste reduction. These packaging designs offer recyclability, easy transportability, and cost-effectiveness, which has urged manufacturers to produce water-resistant and eco-friendly corrugated box packaging solutions.
Another significant packaging market trend quickly gaining momentum is the development of new lightweight glass packaging to improve end-user usability and reduce wastage. These packaging designs are recyclable, economical, and easy-to-transport, urging manufacturers to produce water-resistant, eco-friendly, and smart corrugated packaging technology.
Reasons for Purchasing the Global Sodium Sulfate Market Report:
- The report gives a detailed description of different market elements and the changing competitive landscape, helping the reader gain a competitive edge.
- It also takes a holistic approach to give a 360° view of the industry, listing the drivers and restraints existing in the market.
- The Global Sodium Sulfate Market intelligence report offers accurate market insights for a period of eight years, which have been derived after an in-depth evaluation of industry-wide data.
- The data provided in the report is intended to help readers make business decisions to capitalize on the existing opportunities in the key market segments and sub-segments.
The growth of this Sodium Sulfate market across the globe is dependent on multiple factors; including consumer base of several Sodium Sulfate products, inorganic growth models adopted by companies, price volatility of feedstocks, and product innovation, along with their economic prospects in both producer and consumer nations.
Overall, this report provides a clear view of every vital factor of the market without the need to refer to any other research reports or data sources. Our report will equip you with all the strategically vital facts about the past, present, and future of the market.
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The research report on the global Hydrochloric Acid market provides a comprehensive outlook of the equipment and technological devices employed in the manufacturing of the Hydrochloric Acid market products.
From industry chain analysis to cost structure analysis, the report examines various factors of the industry, including production and end-use segments of the Hydrochloric Acid market.
The current trends in the pharmaceutical industry have been highlighted in the report to evaluate their influence on the overall output of the Hydrochloric Acid market.Check out the Sample Report here@ https://www.reportsanddata.com/sample-enquiry-form/175Scope of Report:The varying scenarios across the global market have been examined in this study, providing an overview of how the Hydrochloric Acid products have established their place in this rapidly-evolving sector.
Industry participants will be able to formulate their strategies and tactics by assessing the speculated market size for the forecast mentioned in the report.
Favorable regional markets for the Hydrochloric Acid have been described, which are expected to impact the global expansion strategies of the leading organizations.
Additionally, key manufacturers have been profiled comprehensively in this research report.Segmentations - Dow Chemical, Olin, Covestro, OxyChem, Axiall, INOVYN, Westlake Chemical, BASF, Shin-Etsu Chemical, UNID, Orica Watercare, Detrex Chemicals, Canexus, Solvay, ERCO Worldwide, Dupont, Coogee Chemicals, Tessenderlo Group, AGC, Formosa Plastics, Toagosei, China Greenon, Haijing Chemical, Xiyang Fertilizer, Shanghai Chlor-Alkali ChemicalIn market segmentation by types of hydrochloric acids, the report covers-Synthetic Hydrochloric AcidBy-product Hydrochloric AcidIn market segmentation by applications of the hydrochloric acid, the report covers the following uses-Industrial HydrochlorideFood-Class Hydrochloric AcidGet this report at a special discounted price, visit @ https://www.reportsanddata.com/discount-enquiry-form/175Competitive Landscape: The Hydrochloric Acid market is moderately competitive and includes numerous key players.
