Sodium Sulfate Procurement Research – Market Trends and Spend Analysis by SpendEdge
LONDON–(BUSINESS WIRE)–#procurement–Global procurement intelligence advisory firm, SpendEdge,
has announced the release of their ‘Sodium
Sulfate Market Procurement Research Report.’ The insights and
data in this report provide a strategic analysis of the supply markets,
factors influencing purchasing decisions, procurement best practices,
pricing models, supplier landscape, and an analysis of the supplier
capability matrix for the chemicals
industry. This report breaks down the data and analysis behind
the procurement of sodium sulfate and acts as an all-inclusive guide for
making smart purchasing decisions.
“The demand for sodium sulfate is highly dependent on end-use
industries such as detergents, automotive, pulp and paper, glass making,
and textiles,” says SpendEdge procurement analyst Tridib Bora. “Also,
there is a high use of sodium sulfate in the textile industry where it
is used as a textile dye,” added Tridib.
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Procurement analysts at SpendEdge highlight the following top three
market trends that are contributing to the growth of the Global Sodium
Sulfate Market:
- Value-added service offerings by suppliers
- Increase in R&D spend
- Adoption of anhydrous crystallization system
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Value-added service offerings by suppliers:
Suppliers in this market space are now offering an extensive portfolio
of services including the delivery of sodium sulfate to it’s end-users.
They offer several value-added services including assistance in
selecting the appropriate grade of sodium sulfate, providing logistics
support, offering customized packaging and formulation, and sample
preparation and testing services. Therefore, there is a higher
preference among the buyers to engage with suppliers that provide
value-added services as it becomes a one-stop solution for them. It also
helps them in reducing the overall procurement cost.
Increase in R&D spend:
Leading suppliers of sodium sulfate have increased their spend on R&D,
as it assists them in providing industry-specific grades based on
end-use applications. Moreover, it helps the buyers in meeting the
end-use requirements and regulations imposed by ECHA in Europe and FDA
and EPA in the US. Also, it increases the buyers’ opportunity to avail
industry-specific products.
Adoption of anhydrous crystallization system:
Several technical innovations in this market space are aimed at
improving the processing and extraction of sodium sulfate. This has
prompted many suppliers to collaborate with technology providers to
optimize their operational efficiency. Moreover, the adoption of such
systems helps suppliers to increase the overall efficiency while
ensuring the maintenance of optimum quality.
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SpendEdge shares your passion for driving sourcing and procurement
excellence. We are a preferred procurement market intelligence partner
for Fortune 500 firms and other leading companies across numerous
industries. Our strength lies in delivering robust, real-time
procurement market intelligence that helps sourcing and procurement
professionals make informed decisions. These innovative procurement
solutions help enterprises transform structural capabilities, improve
execution efficiency, and fast-track time to savings.
Contacts
SpendEdge
Anirban Choudhury
Marketing Consultant
US: +1
630 984 7340
[email protected]