The construction industry in emerging economies and developed countries is witnessing rapid growth, which is because of the rapid migration rate, swift urbanization, growing population, economic growth, and increasing disposable income of people. Several construction projects are being initiated all across the globe. Furthermore, the lifestyle changes have also compelled designers to come up with new and interesting solutions for increasing the aesthetic appeal of commercial and residential buildings. Owing to this, the demand for glass in the construction is increasing, as they are extensively being utilized in exteriors in modern buildings instead of traditional assortments of bricks and cement.
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This growing demand for glass, in turn, is creating need for sodium sulphate, which is widely used in the manufacturing of glass as a fining agent. The salt aids in getting rid of small air bubbles from molten glass. Sodium sulphate has the formula Na2SO4, and is the sodium salt of sulfuric acid. According to a PS Intelligence report, the global sodium sulphate market generated a revenue of $2,019.3 million in 2018 and is expected to reach a value of $2,109.4 million by 2024, advancing at a 2.6% CAGR during the forecast period (2019–2024).
Other than glass, sodium sulphate also finds applications in textiles, soaps detergents, and pulp paper. In the past, the largest demand for sodium sulphate was created for soaps detergents applications, as it is used in the manufacturing of these products as a desiccant and a fining agent. This aids in efficiently locking the moisture entering the detergent. In addition to this, utilization of sodium sulphate also makes the production detergents less costly. The growing adoption of powdered detergents in developing countries is further leading to the rising demand for sodium sulphate. Powdered detergent is easily available, can be easily transported, is easy to use, and has a low cost.
Due to the large-scale consumption and production of salt in China for different applications, the Asia-Pacific (APAC) region emerged as the largest sodium sulphate market. Moreover, the personal care sector in China is witnessing significant growth, and sodium sulphate is used extensively as a raw material for the production of soap bars, body washes, shampoos, and various other products. Apart from this, the demand for sodium sulphate is expected to rise in North American and European countries as well in the near future.