H1 2023: During H1 2023, prominent players in the Europe Sodium Sulphate market were Grupo Industrial Crimidesa S.L and Minera De Santa Marta. In H1 2023, Europe experienced fluctuations in sodium sulphate prices. The European Sodium Sulphate market experienced high market momentum in the first three months of 2023. The months saw advances in the industrial output and sales of the paper and detergent industries, which increased market demand for Sodium Sulphate and resulted in a significant increase in price. Additionally, the supply rate was slow and the stockpiles were low and not able to meet demand, which resulted in an unstable demand-supply ratio and an increase in the price of sodium sulphate in Europe. However, Sodium Sulphate market turned into pessimistic mode from April 2023. This was as a result of sluggish demand from downstream industries such paper pulp, detergents, and pharmaceuticals. The low demand pressure observed from the downstream sodium sulphate feedstock's low manufacturing cost also supported the poor prices of Sodium Sulphate in Europe. In addition, inventories remained ample in Europe. Although the downstream paper and detergent sectors performed well in April, but the excess of inventories led to a decline in sodium sulphate prices in the German market.
The Europe Sodium Sulphate market demand stood at 2400 thousand tonnes in 2022 and is expected to grow at a CAGR of 2.88% during the forecast period until 2032.
Sodium sulphate is used as a fining agent while making glass because it prevents bubble formation by removing scum. In order to facilitate the adjustment of the concentration of the active substance in the powder as needed, sodium sulphate is employed as a filler in detergent powder. The use of sodium sulphate by the soap and detergent industries around the world is the main factor driving the Europe sodium sulphate market. In order to control the concentration of the detergent's active ingredients, sodium sulphate is used as a filler in the detergent powder. Additionally, sodium sulphate facilitates the flow of the detergent powder. Due to improved personal hygiene and cleansing, the Soaps & Detergents Industry is antiiapted to maintain its dominance in the market. It is projected that this industry would grow even more during the projection period. Furthermore, it is projected that the demand for sodium sulphate to make glass for home and commercial applications would increase further in Europe. The volume of the Europe Sodium Sulphate market is estimated to reach a volume of 3180 thousand tonnes by 2032.
Geographically, the Europe Sodium Sulphate market is segmented into Spain, Turkey, Germany, France, United Kingdom, Belgium, and Rest of Europe. However, Spain is the leading consumer of the Sodium Sulphate market. In 2022, this country solely held a demand of approximately 63% of the Europe Sodium Sulphate market. It is anticipated that Spain will remain the biggest consumer. Turkey stands as the second largest consumer of sodium sulphate.
Based on the end-user industry, the Europe Sodium Sulphate market is segmented into Soaps & Detergents, Textile Industry, Paper & Pulp, Glass Industry, and Others. The Soaps & Detergents Industry is dominating the Sodium Sulphate market. In 2022, roughly 43% of Europe Sodium Sulphate was utilized by the Soaps & Detergents Industry. As a levelling agent, sodium sulphate anhydrous is used in the textile industry to reduce the negative charges on fibers.
Major players in the production of Europe Sodium Sulphate are Grupo Industrial Crimidesa S.L, Minera De Santa Marta, S.A, Sulquisa S.A, Alkim Alkali Kimya A.S., Cordenka GmbH & Co. KG, Novacarb SAS, and others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2024-2032
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Objective of the Study:
• To assess the demand-supply scenario of Sodium Sulphate which covers production, demand and supply of Sodium Sulphate market in the globe.
• To analyse and forecast the market size of Sodium Sulphate
• To classify and forecast Europe Sodium Sulphate market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Sodium Sulphate market in the globe.
To extract data for Europe Sodium Sulphate market, primary research surveys were conducted with Sodium Sulphate manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Europe Sodium Sulphate market over the coming years.
ChemAnalyst calculated Sodium Sulphate demand in the globe by analyzing the historical data and demand forecast which was carried out considering the production of raw material to produce Sodium Sulphate. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Sodium Sulphate manufacturers and other stakeholders
• Organizations, forums and alliances related to Sodium Sulphate distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Sodium Sulphate manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Europe Sodium Sulphate market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2022
11.4 thousand tonnes
Market size Volume by 2032
16.5 thousand tonnes
Growth Rate
CAGR of 3.91% from 2023 to 2032
Base year for estimation
2023
Historical Data
2015 – 2022
Forecast period
2024 – 2032
Quantitative units
Demand in thousand tonnes and CAGR from 2023 to 2032
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Foreign Trade, Company Share, Manufacturing Process.
Segments covered
By End-Use: (Soaps & Detergents, Textile Industry, Paper & Pulp, Glass Industry, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
Spain, Turkey, Germany, France, United Kingdom, Belgium, and Rest of Europe
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Member - Board of Directors
Osaka Gas Co. Ltd
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What was Europe market size of Sodium Sulphate in terms of volume in 2022?
Ans:
The Europe market size of Sodium Sulphate has grown significantly in the historic period of 2015-2021 and reached approximately 11.4 thousand tonnes in 2022.
Q2.
Which region is leading as consumer of Sodium Sulphate?
Ans:
Spain is the leading consumer of Sodium Sulphate.
Q3.
Spain is the leading consumer of Sodium Sulphate.
Ans:
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